Billytt Die happy trading e/j daily breakout | Page 2633 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #52,641
  • Jul 28, 2020 6:11pm Jul 28, 2020 6:11pm
[quote=claudia1;13084110]Looks like you've all figured 'Billy Bar' out and trading it in your own way. Is anyone trading the 'Not the Billy Bar' ? Good
Hi Claudia, Hammers safe, new season will soon be here..!!
I have been trading the Frankie hour box, which often is the NTBB,
A good extra pips whilst at the screen
Cheers
Onwards and upwards...
  • #52,642
  • Jul 28, 2020 6:21pm Jul 28, 2020 6:21pm
Quoting claudia1
This is what I call an 'order both sides' opportunity. Low range for a few hours - under 20. Has to break one way or another. Won't take it because time of day, and NY close later will send spreads crazy. Worth watching see how it develops overnight. Wine time. {image}
Hi Claudia
looks like its setting up nicely. I'm favoring a break to the short side if the opportunity arises. There maybe some hidden liquidity left behind from that momentum candle (which also took price through the 2900 level). We've also got today's DP and the 50% fib from yesterdays high/low in the vicinity.
There's been a fairly sustained run up now for 7 days so get ready for the sell off! If it does break low I might be tempted to split my trade in 2 and leave a runner on.
Anyway that's my my 2 cents!
Enjoy your wine
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  • #52,643
  • Edited 11:58pm Jul 29, 2020 12:51am | Edited 11:58pm
to give some people motivation, here are the last 26 trading days.

i started originally with 10, so you dont need large accounts to begin;-)

i have done this several times in the past, because i have always in mind the broker can go bankropt (and I had some experience with that).
and it gives me confidence that i always can make it from zero.

williams 15 minutes bar trade has a share of about 10%, thx.

I'm gonna leave this here for a while...
trading is like dancing, don't think and just listen to the music!
  • #52,644
  • Jul 29, 2020 1:08am Jul 29, 2020 1:08am
Quoting birdland
to give some people motivation, here are the last 26 trading days. i started originally with 10, so you dont need large accounts to begin;-) i have done this several times in the past, because i have always in mind the broker can go bankropt (and I had some experience with that). and it gives me confidence that i always can make it from zero. williams 15 minutes bar trade has a share of about 10%, thx. I'm gonna leave this here for a while... {image}
what is your percentage of risk per trade?how many take profit points per trade?I hope this is not a demo)
Forgive for my English!
  • #52,645
  • Jul 29, 2020 1:16am Jul 29, 2020 1:16am
Quoting Romiros
{quote} what is your percentage of risk per trade?
to be honest i have no idea. i rarely use stops and when i see things are running wrong i close the trade.

edit: when i use billys 15minute bar i have a fix stop about 1,5 to 3% risk. but when i double because the trade doesnt work out i have much more risk for this trade sequenzy, maybe 6-8%
trading is like dancing, don't think and just listen to the music!
  • #52,646
  • Jul 29, 2020 2:03am Jul 29, 2020 2:03am
+6 'not the Billy bar' And the 4hr bars have broken too.........now do I trade the Billy bar as well????
Edit: I feel like I should have hit that one 'harder', what with the 2x 4hr breaks plus a pullback......that was a good 'momentum trade' methinks.....
Where is our illustrious leader to get us troops hyped up!!??
used to be undecided but nowadays can't make my mind up
  • #52,647
  • Jul 29, 2020 2:10am Jul 29, 2020 2:10am
Quoting mrcreosote
+6 'not the Billy bar' And the 4hr bars have broken too.........now do I trade the Billy bar as well????
While you are at the screen trade both.... like a proper trader ??
Onwards and upwards...
  • #52,648
  • Jul 29, 2020 2:19am Jul 29, 2020 2:19am
20 seconds for +7, thx.
trading is like dancing, don't think and just listen to the music!
  • #52,649
  • Jul 29, 2020 2:21am Jul 29, 2020 2:21am
Quoting soccerfan
{quote} While you are at the screen trade both.... like a proper trader ??
Damn missed it cos I was thinking of putting a trade on the DAX
Congrats to BIlly Bar traders!!!!
used to be undecided but nowadays can't make my mind up
  • #52,650
  • Jul 29, 2020 2:33am Jul 29, 2020 2:33am
Quoting mrcreosote
{quote} Damn missed it cos I was thinking of putting a trade on the DAX Congrats to BIlly Bar traders!!!!
if you have a family to feed, you're not gonna miss him;-)
trading is like dancing, don't think and just listen to the music!
  • #52,651
  • Jul 29, 2020 2:35am Jul 29, 2020 2:35am
Quoting mrcreosote
{quote} Damn missed it cos I was thinking of putting a trade on the DAX Congrats to BIlly Bar traders!!!!
Nevermind..
NTBB and the BB...both cable, easy as.....
Onwards and upwards...
  • #52,652
  • Jul 29, 2020 2:43am Jul 29, 2020 2:43am
Quoting birdland
{quote} if you have a family to feed, you're not gonna miss him;-)
got divorced, only me Your stats are interesting, looks like you're doing an average 14 trades per day.....are these all 'breakout' trades or do you have other 'tricks' as well?
used to be undecided but nowadays can't make my mind up
  • #52,653
  • Jul 29, 2020 2:49am Jul 29, 2020 2:49am
Quoting mrcreosote
{quote} got divorced, only me Your stats are interesting, looks like you're doing an average 14 trades per day.....are these all 'breakout' trades or do you have other 'tricks' as well?
you lucky man;-)

i trade everything i see what i learned the last years here and combine it. for example at the same time i was short the billy bar, i was long because of choros system. so nothing special.
trading is like dancing, don't think and just listen to the music!
  • #52,654
  • Jul 29, 2020 2:50am Jul 29, 2020 2:50am
Quoting birdland
to give some people motivation, here are the last 26 trading days. i started originally with 10, so you dont need large accounts to begin;-) i have done this several times in the past, because i have always in mind the broker can go bankropt (and I had some experience with that). and it gives me confidence that i always can make it from zero. williams 15 minutes bar trade has a share of about 10%, thx. I'm gonna leave this here for a while... {image}
Hi

Well done - this should really inspire people!

Green pips / Cheers / Mos
Don't limit yourself!!
  • #52,655
  • Jul 29, 2020 3:02am Jul 29, 2020 3:02am
Took the one hour break this morning and closed just before we reached DR1. Looked like I was going to have to put a counter on at one point when it seemed price was going to break the low of the previous bar as well, but all good in the end, +24 points.

Now, do we have a TS123 in play as the next hourly bar is showing as red just now???
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  • #52,656
  • Jul 29, 2020 3:07am Jul 29, 2020 3:07am
Quoting ia1979
Took the one hour break this morning and closed just before we reached DR1. Looked like I was going to have to put a counter on at one point when it seemed price was going to break the low of the previous bar as well, but all good in the end, +24 points. Now, do we have a TS123 in play as the next hourly bar is showing as red just now??? {image}
i would not play that bar for a short. ok, its a big bar, but it looks a bit like a freight train.
trading is like dancing, don't think and just listen to the music!
  • #52,657
  • Jul 29, 2020 3:38am Jul 29, 2020 3:38am
Quoting birdland
{quote} i would not play that bar for a short. ok, its a big bar, but it looks a bit like a freight train.
Appreciated. I was thinking about it but have decided my day is done now . Well done on your results by the way.
  • #52,658
  • Jul 29, 2020 3:44am Jul 29, 2020 3:44am
Quoting claudia1
This is what I call an 'order both sides' opportunity. Low range for a few hours - under 20. Has to break one way or another. Won't take it because time of day, and NY close later will send spreads crazy. Worth watching see how it develops overnight. Wine time. {image}
Hoping you got some of that breakout action this morning Claudia. Thanks for highlighting it.
  • #52,659
  • Jul 29, 2020 5:17am Jul 29, 2020 5:17am
Worked out well to R1. Where next ? Has to test 00 from here which would be inline with the adr. Waiting for a retrace then back in.

Still no Billy or Lem.
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  • #52,660
  • Jul 29, 2020 6:14am Jul 29, 2020 6:14am
Consolidating ready for the next move up but you never know - orders both sides again and awaiting NY open.
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