Billytt Die happy trading e/j daily breakout | Page 2508 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #50,141
  • Jun 9, 2020 10:58pm Jun 9, 2020 10:58pm
Cable, 00-00 4 hour bar break.. As posted I did not trade it. NOR E/U
Chart below copied a couple of minutes ago. Cable 2 hour bar.
00-00 range is 36. my adr is 119.
As price moves we adjust the black line/s showing adr range we can trade off.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,142
  • Jun 9, 2020 11:13pm Jun 9, 2020 11:13pm
Billy those black lines, is each other half the ADR in length?
Sorry I'm full of beans today cos I had my porridge early! Don't want to blurt it all over my keyboard like yesterday
used to be undecided but nowadays can't make my mind up
  • #50,143
  • Jun 9, 2020 11:21pm Jun 9, 2020 11:21pm
E/J <<<<<<<<<<<<<<<<<<<<YES E/J
Chart shows E/J 2 hour bar. a quick look at daily shows, it should make 90 today, lets see. we can trade it.
00-00 4 bar broke low, hopefully carry on down, BUT if it reverses we can still trade.
Attached Image

t 07-21
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,144
  • Jun 9, 2020 11:23pm Jun 9, 2020 11:23pm
Quoting mrcreosote
Billy those black lines, is each other half the ADR in length? Sorry I'm full of beans today cos I had my porridge early! Don't want to blurt it all over my keyboard like yesterday
Hi Mr C, one black line is the actual range of 122.
I normally put 2 lines on chart to show people.
I normally just have one line and adjust it to which ever direction price is moving.

as in below , 1 line in direction of tradel.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 10 C.png Size: 17 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,145
  • Jun 9, 2020 11:28pm Jun 9, 2020 11:28pm
Here's another.....
Forget the 00-00 4 hour bar for a moment.

when I say 4 hour bar you think 00-00 4 hour, or 04-00 4 hour.
how about 01 to 05 that's 4 hour, or 05 to 09, that's 4 hour.

Even better if you do it with the 2 hour bar.
adjust the hour open??????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,146
  • Jun 10, 2020 12:09am Jun 10, 2020 12:09am
Quoting mrcreosote
if lddd asks you about stops again, just ban him!
Oh, so you´re allowed to ask questions here but i am not? By the way i didn´t ask Billy on stops, read the lines...
  • #50,147
  • Jun 10, 2020 12:11am Jun 10, 2020 12:11am
Just waiting to trade the Cable, 08-00 15 minute bar break..

so far today the daily range is 72,, it normally does 70 on a bad day, hope it isn't today, lol
So if my trade fails I should have approx. 50 points to play with ?????/ fixing.
obviously I only trade for a part of the range.
trade well all.
t 08-11
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,148
  • Jun 10, 2020 12:17am Jun 10, 2020 12:17am
Cable,,, long , 08-00 high broke.
lets see.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,149
  • Jun 10, 2020 12:18am Jun 10, 2020 12:18am
Quoting billytt
Cable,,, long , 08-00 high broke. lets see.
TP hitttt
PIVOT Return This Year: na
  • #50,150
  • Jun 10, 2020 12:18am Jun 10, 2020 12:18am
Cable, lojng closed for +5%.
t 08-18
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,151
  • Jun 10, 2020 12:19am Jun 10, 2020 12:19am
Quoting dimash0609
{quote} TP hitttt
steady, lol, nice one bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,152
  • Jun 10, 2020 12:21am Jun 10, 2020 12:21am
BILLY BAR +10 GET IN!!!!!
used to be undecided but nowadays can't make my mind up
  • #50,153
  • Jun 10, 2020 12:22am Jun 10, 2020 12:22am
Quoting ia1979
{quote} Thanks Billy. Some stats for this bar (4am-8am AU) from Feb to the end of May 2020: It wins more often than it loses (10 pip target). Well over 70% win rate. This becomes even higher if aiming for 5 pips. In the past 4 months, it has failed on both breaks on only 5 separate occasions. For example if the break South fails, the break North has also failed on the same day only 5 times in 4 months. Every other time it has failed on the 1st break (13 separate occasions), it has brought home at least 10 pips on the opposite break. On 3 separate...
Hi bud, good stats, they have slightly changed since I traded A/U.
Those stats you have shown, they are good but I personally would not trade big off them,
my strike rate at the time was 90+
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,154
  • Jun 10, 2020 12:23am Jun 10, 2020 12:23am
Quoting mrcreosote
BILLY BAR +10 GET IN!!!!!
Nice one MrC, I'm currently running at -22!
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,155
  • Jun 10, 2020 12:23am Jun 10, 2020 12:23am
GBP/USD 08:15 +5. I am done.

Attached Image (click to enlarge)
Click to Enlarge Name: gu-815-1106.jpg Size: 143 KB
  • #50,156
  • Jun 10, 2020 12:23am Jun 10, 2020 12:23am
Quoting mrcreosote
BILLY BAR +10 GET IN!!!!!
its meant to be 5 lol, nice one, well done.
Don't forget guys, we do have fails.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,157
  • Jun 10, 2020 12:27am Jun 10, 2020 12:27am
Someone posted about Trend.
ok, if you buy /sell and hold onto trade for a long long time it might make sense.
but for me and maybe day traders, its bollox..
2 point move is the now trend,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,158
  • Jun 10, 2020 12:30am Jun 10, 2020 12:30am
I think the DAX is going to be tricky today with the mass of red flags later, looking a very spikey start...
Everything should be made as simple as possible, but no simpler - Einstein
  • #50,159
  • Jun 10, 2020 12:31am Jun 10, 2020 12:31am
Quoting Davidh061
I think the DAX is going to be tricky today with the mass of red flags later, looking a very spikey start...
That is a beasty at best of times, take care with it,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #50,160
  • Jun 10, 2020 12:33am Jun 10, 2020 12:33am
When I was solely trading Cable 08-00 15 bar break,
Days like this were frustrating, because the trade has gone in and I now wait for tomorrows break, 23 hours away lol.
you need patience ,
that's why I paly with the daily range hunt lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
19 traders viewing now