Billytt Die happy trading e/j daily breakout

Apologies,
i have posted many times and also in private messages, ASK QUESTIONS, AND I WILL ANSWER.

Trading my method is easy for me as i am in control.

1,,i can enter a trade , If it wins it wins
2,,if it fails, then trade the next day.
3,,OR,,,, if it fails, trade the opposite end.
4,,OR,,,, as above but add counter.

AND, if i trade off the 08-00 bar and it fails , i can then trade off the 00-00 4 hour bar.
1,,if it wins it wins,
and as 1st paragraph 2.3.4.
My main trade at 08-00, i take 5%, i will also take more if conditions are right.( i rarely speak of this)
my secondary smaller trades, example off the 00-00 4 hr bar, i will add on/counter.
Do you know how some people let a negative run and run to smash account,
How about letting a positive trade run and run?????

Said Many Times, as long as i have x amount at end of 5 trade days, it does not matter if i was xx up or xxx up.

i am not saying STOPS cannot be used, but it is a different game, its the difference between amateur and a professional.

Cable,
look at the 00-00 4 hour bar, once broken, see how often the next 2 bars carry on in same direction, see how often just 1 bar carries on.

Cable,, 00-00 4 hour bar.
High/low break, once broken see how many points/pips are made for Frequency Distribution Stats. (look for minimum) now we can work probability,odds.

Same thing with 08-00 break.

Now compare 08-00 and 00-00 bars for stats.
We can even bring other bar/s into play for stats,

Once we start this, we cannot start messing around with Stops.

Some interesting stats on GU and range etc.

https://www.forexfactory.com/showthr...5#post13002815

Well, the weather is cloudy and they promised 80c + weather, lol.

maybe after lunch.
Now it is bike time, aha that remind s me.i was in Lidls yesterday ,( a cheapo shop) and the till girl was asking me about my bike, (i had my leathers on/helmet)
i was saying how fast it was from a standing start but the top end speed wasn't that fast.
So the guy behind me in queue (2 mtrs away lol)
once outside he waited for me at traffic lights IN HIS PORSCHE 911, LOL
I can do 0 to 60 in 2 .5 seconds lol yaaaaaaaaaaaaaaaaaaay AND did,i think his motor does it in 3 or 3.5
He does have an impressive top speed though,.
yaaaaaaaaaaaaaaaaaaaaaaaay BRRRRRRRRRRRRRRRRRRRRRRRRRRRM.

Yaaaaaaaaaaaaaaaaay Claudia, hope you are well.
i shall look at your stats, thanks for posting.

No no - nothing to do with me at all.

i took a quick look, i am surprised not many people looked,
BUT one flaw, he uses averages, That is not good enough.
If he put actual ranges down that would be better.

How long would you leave the two pending orders for the 0800 bar opened in case non of them would be triggered because you have kind of a bigger range for the 0800 bar and price then consolidates for x more bars in between the 0800 bar without touching the high/low? Would you just wait until forever until one order triggered or cancel it at some point?

Regarding the hedge vs stop debate. What i actually tied to say, would like to understand.

Lets say you go counter at X pips minus instead of taking a fixed loss and wait for the next trigger you would hold to it by going counter and locking in the original trades loss. Ok nothing wrong with that but then what if you can’t unwind the hedge for X unknown time because it keeps going against you, there is no new trigger, it goes sideways instead of a reversal or pullback in direction to your original trade.

So in this case you would carry on that second trade with you as an unknown exposure. You could have accepted the trade didn’t work out like expected for +5 and take a -15 loss or what ever and wait for the next trigger, next 800 bar for the next few day.

Heres one for Lem and Claudia just cashed in for a 4 race bet,but sadly i had only one share myself of 30,but there was a girl in my team that had 11 so she got some around 400 dollars for 30 dollar stake and its exiting to....We had only one horse in last race.....That was Monte meaning its trotter horses,but they sit on the horse no suilky and the jockeys are all girls so often a lot can go wrong when bet on one horse.....NOT SAYING GIRLS CANT DO AS WELL AS BOYS...lolz

It is extremely rare for the 08-00 bar to break then whip/ consolidate. It can happen.
Normally on 2 counters I will leave it there, kept in limbo. OK I might have to pay for holding after midnight.
IF it does consolidate, you'll probably find an inside bar on the 4 hour to trade off.

Thanks billy.

AU 4am-8am range (UK time), the breakout gave us 5 winners in a row (minimum 10 pips profit) last week. No counter needed. Thanks Billy.

GU 08:00 hi broke, +5

GU 08 +1% (7 Pips). Done for today :-)

BILLY BAR +20!!! GET IN

Nice one MrC!

Be careful with letting those trades run for more than +5.

DAX just bounced off BRN - should have taken that one, need to stop looking at semi-naked women...
I need someone to hit me when I can't concentrate for more than 10 mins

Still waiting for the DAX to break out of Monday channel in Renko world. A good punching can be arranged to help you