Billytt Die happy trading e/j daily breakout | Page 2627 | 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

  • #52,521
  • Jul 20, 2020 5:19pm Jul 20, 2020 5:19pm
Quoting Nikl
{quote} The classic grinder and to think I only took 7 pips with the billy bar!
Hi Nikl
Have you looked at "20 pips daily predator" by Dashking?
Onwards and upwards...
  • #52,522
  • Jul 20, 2020 5:25pm Jul 20, 2020 5:25pm
Not much of a contribution today, I'm afraid. Sorry 'bout that. Spent the day riding the NDX100. It did what it does.

One thing on top of that, is The Dead Zone, so here it is.

Dead Zone UC Short Bias

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1asTheDZ-ShortBias20thJuly2020.png Size: 43 KB
  • #52,523
  • Jul 20, 2020 5:30pm Jul 20, 2020 5:30pm
Oh, hold on. Forgot the Buy Zone. No directional bias as the first day of the week.

DAX Hit tp.
AJ Hit tp.
NU Hit tp.
GJ Hit tp.
GN Hit tp.
AN Hit tp.
  • #52,524
  • Jul 20, 2020 5:34pm Jul 20, 2020 5:34pm
Quoting soccerfan
{quote} Hi Nikl Have you looked at "20 pips daily predator" by Dashking?
Hi SF
not yet but I will now
cheers
  • #52,525
  • Jul 20, 2020 6:31pm Jul 20, 2020 6:31pm
Quoting Nikl
{quote} Hi SF not yet but I will now cheers
It ties in with work finish times here in Oz as it starts at London open..
Onwards and upwards...
  • #52,526
  • Jul 20, 2020 7:24pm Jul 20, 2020 7:24pm
Quoting soccerfan
{quote} Hi Nikl Have you looked at "20 pips daily predator" by Dashking?
Nothing new there...except for the edge. The pair triangulation. Yep.

Didn't check the pdf (yet) and the charts aren't that clear, however it looks like he is running the break of the first clean candle to break the range of the 06:00 - 07:00 UK slot. 5-min chart.
  • #52,527
  • Edited 10:26pm Jul 20, 2020 9:10pm | Edited 10:26pm
Quoting lemercenaire
{quote} Nothing new there...except for the edge. The pair triangulation. Yep. Didn't check the pdf (yet) and the charts aren't that clear, however it looks like he is running the break of the first clean candle to break the range of the 06:00 - 07:00 UK slot. 5-min chart.
He has a few rules, worth a look for me,
Based on Frankie 1st hour
The main thing is the time of London open...it will soon be 7 pm here,...!!! it makes screen time hard for me, so a Set & forget plan is gr8..
Cheers
Onwards and upwards...
  • #52,528
  • Jul 21, 2020 2:13am Jul 21, 2020 2:13am
too large for me the 0815 range today.
trading is like dancing, don't think and just listen to the music!
  • #52,529
  • Jul 21, 2020 2:58am Jul 21, 2020 2:58am
Billy - here's a question. On the Billy Bar or Not the Billy Bar trade do you use a buffer or just take the high/low ? Just curious.
  • #52,530
  • Jul 21, 2020 3:18am Jul 21, 2020 3:18am
Quoting claudia1
Billy - here's a question. On the Billy Bar or Not the Billy Bar trade do you use a buffer or just take the high/low ? Just curious.
i remember that he does not take a buffer. but lets see what he has to say.
trading is like dancing, don't think and just listen to the music!
  • #52,531
  • Jul 21, 2020 3:23am Jul 21, 2020 3:23am
Quoting birdland
{quote} i remember that he dont take a buffer. but lets see what he has to say.
Where is he anyway ? Maybe catching up on sleep lol.
  • #52,532
  • Jul 21, 2020 3:30am Jul 21, 2020 3:30am
Just allows for the spread I think
  • #52,533
  • Jul 21, 2020 3:30am Jul 21, 2020 3:30am
Quoting claudia1
Billy - here's a question. On the Billy Bar or Not the Billy Bar trade do you use a buffer or just take the high/low ? Just curious.
Hi Claudia,
08-00 15 minute bar.
i do not use a buffer.
BUT i will manually adjust the 08-00 bar a 15 point range if it is less than 15.
In effect every bar i then trade will be 15 + range.

The first break will always be the same, ie a first break, but if it retraces to break the opposite end, THAT WILL BE !% POINTS AWAY.
Hope you are well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,534
  • Jul 21, 2020 3:33am Jul 21, 2020 3:33am
Quoting billytt
{quote} Hi Claudia, 08-00 15 minute bar. i do not use a buffer. BUT i will manually adjust the 08-00 bar a 15 point range if it is less than 15. In effect every bar i then trade will be 15 + range. The first break will always be the same, ie a first break, but if it retraces to break the opposite end, THAT WILL BE !% POINTS AWAY. Hope you are well.
Morning. I know what you do just wasn't sure on the buffer.
  • #52,535
  • Jul 21, 2020 3:35am Jul 21, 2020 3:35am
Cable 08-00 bar break, the high broke then dropped this is a fail.
The low broke, i got +5% plus a counter, , all is well, i am carrying a few minus points..

Both Cable & e/u 00-00 4 hour bar breaks Failed. That is on paper.
i managed to trade off the 2 hour bars.
These 2 hour bars have been very useful
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,536
  • Jul 21, 2020 3:41am Jul 21, 2020 3:41am
Quoting billytt
Cable 08-00 bar break, the high broke then dropped this is a fail. The low broke, i got +5% plus a counter, , all is well, i am carrying a few minus points.. Both Cable & e/u 00-00 4 hour bar breaks Failed. That is on paper. i managed to trade off the 2 hour bars. These 2 hour bars have been very useful
That's why I asked the question - a 1 or 2 pip buffer would have prevented the fail. But I don't trade this and that could be a one off.

Might have had this conversation before in the dark and distant. I still use a variation on ssbo and always have a 2 pip buffer on it.

Anyway have a good day the sun is shining.
  • #52,537
  • Jul 21, 2020 3:45am Jul 21, 2020 3:45am
Quoting lemercenaire
Not much of a contribution today, I'm afraid. Sorry 'bout that. Spent the day riding the NDX100. It did what it does. One thing on top of that, is The Dead Zone, so here it is. Dead Zone UC Short Bias {image}
It certainly did.
every Saint has a past. Every Sinner has a Future
  • #52,538
  • Jul 21, 2020 4:04am Jul 21, 2020 4:04am
cable, this would be nice, for the DOWN
Attached Image (click to enlarge)
Click to Enlarge Name: gu 21 07 C.png Size: 30 KB
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #52,539
  • Jul 21, 2020 5:59am Jul 21, 2020 5:59am
Quoting billytt
Cable 08-00 bar break, the high broke then dropped this is a fail. The low broke, i got +5% plus a counter, , all is well, i am carrying a few minus points.. Both Cable & e/u 00-00 4 hour bar breaks Failed. That is on paper. i managed to trade off the 2 hour bars. These 2 hour bars have been very useful
Hi Billy
I got caught with both the EU and cable 00-00 H4 bars. Was looking for 7 on EU and 10 on cable. Traded my way out with the H2 bars too and ended up with +34 so can't complain.
EU chart attached with notes
cheers
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_3821346_EURUSD_2020-07-21_18-54-40.png Size: 44 KB
  • #52,540
  • Jul 21, 2020 6:37am Jul 21, 2020 6:37am
Quoting Nikl
{quote} Hi Billy I got caught with both the EU and cable 00-00 H4 bars. Was looking for 7 on EU and 10 on cable. Traded my way out with the H2 bars too and ended up with +34 so can't complain. EU chart attached with notes cheers {image}
I am glad I did not need to counter trade on Cable yesterday. Would not have been pretty, as there was hardly any retrace at all.

Took +10 on the 1 hour GU bar at 8am today.
13 traders viewing now