Billytt Die happy trading e/j daily breakout | Page 2692 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #53,821
  • Oct 2, 2020 6:21am Oct 2, 2020 6:21am
Quoting sheppy
{quote} Thanks Claudia, much appreciated as always) What time frame ?30 min?
Hi Sheppy, long time no see,
Take Care.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,822
  • Oct 2, 2020 6:43am Oct 2, 2020 6:43am
So my week is pretty much done using this Range Break EA - been pretty decent results. Have had to make a few tweaks (obviously) and remembering when i turn on AutoTrading for the first time, i havent forgotten the trading time so three trades dont instantly open in the middle of nowhere!

Im trading off the 1pm 15 min bar (US Open) with XAU, GU and EU
I use double lot size after a fail, with my own take profits set etc. Sometimes closed manually. Also use a trailing stop.
Worst whip was 3 fails in a row a few times across the pairs - so a lucky week, could get much worse whip!

This is just the equity curve for this week - at least its pointing up!
Attached Image (click to enlarge)
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  • #53,823
  • Oct 2, 2020 7:05am Oct 2, 2020 7:05am
Quoting Jp1
So my week is pretty much done using this Range Break EA - been pretty decent results. Have had to make a few tweaks (obviously) and remembering when i turn on AutoTrading for the first time, i havent forgotten the trading time so three trades dont instantly open in the middle of nowhere! Im trading off the 1pm 15 min bar (US Open) with XAU, GU and EU I use double lot size after a fail, with my own take profits set etc. Sometimes closed manually. Also use a trailing stop. Worst whip was 3 fails in a row a few times across the pairs - so a...
It looks good bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,824
  • Oct 2, 2020 7:44am Oct 2, 2020 7:44am
Quoting ia1979
{quote} Got it thanks. Are you manually testing this? The range break EA will take these trades for you. Just have it on 2 charts. Longs only on 1 and shorts only on the other 1. Different magic numbers. Set the max trades to one per day on each chart. Could have it taking multiple trades in one direction as well like what happened with me this morning. It only takes multiple trades if the one before hits take profit. This might reduce the drawdown further. Say on 1 chart it goes in and out of the range 3 times to the upside, making 20 profit each...
yes, i make the testing manually. has the advantage to get a feeling and new ideas.

and i take only one trade on the long side and one trade on the short side each day. so max. 2 trades a day.
trading is like dancing, don't think and just listen to the music!
  • #53,825
  • Oct 2, 2020 7:48am Oct 2, 2020 7:48am
Quoting Jp1
So my week is pretty much done using this Range Break EA - been pretty decent results. Have had to make a few tweaks (obviously) and remembering when i turn on AutoTrading for the first time, i havent forgotten the trading time so three trades dont instantly open in the middle of nowhere! Im trading off the 1pm 15 min bar (US Open) with XAU, GU and EU I use double lot size after a fail, with my own take profits set etc. Sometimes closed manually. Also use a trailing stop. Worst whip was 3 fails in a row a few times across the pairs - so a...
That looks good mate . I tend to not take more than 2-3 breaks per range because we have all seen those whip days where it will keep breaking out either side, not going anywhere in particular. I didn't trade Gold this afternoon (1pm-1:15pm) but looks like the break North was a fail and then we had a break South where a double lot size trade would have done the trick.
  • #53,826
  • Oct 2, 2020 7:57am Oct 2, 2020 7:57am
Quoting ia1979
{quote} That looks good mate . I tend to not take more than 2-3 breaks per range because we have all seen those whip days where it will keep breaking out either side, not going anywhere in particular. I didn't trade Gold this afternoon (1pm-1:15pm) but looks like the break North was a fail and then we had a break South where a double lot size trade would have done the trick.

That is why we watch the daily range?????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #53,827
  • Oct 2, 2020 8:49am Oct 2, 2020 8:49am
Back from jaunt outside for a end of session ride on the back of The Monster. A bit of Dead Horse momo in the mix for the entry.

DAX 1-min Kijun-sen +7.5

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  • #53,828
  • Oct 2, 2020 8:59am Oct 2, 2020 8:59am
Dammit! Missed the move on the USTech! Oh well, take the hint. Done for the day, I think.

Music, Claudia?
  • #53,829
  • Oct 2, 2020 9:06am Oct 2, 2020 9:06am
Quoting lemercenaire;13196061[I
]Dammit! Missed the move on the USTech! Oh well, take the hint. Done for the day, I think. Music, Claudia?[/i]
''New'' Tom...sublime.

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  • #53,830
  • Oct 2, 2020 9:06am Oct 2, 2020 9:06am
Quoting ia1979
{quote} That looks good mate . I tend to not take more than 2-3 breaks per range because we have all seen those whip days where it will keep breaking out either side, not going anywhere in particular. I didn't trade Gold this afternoon (1pm-1:15pm) but looks like the break North was a fail and then we had a break South where a double lot size trade would have done the trick.
agreed mate - but that equity curve would look very different if i had stopped at 2/3 fails. When u get to trade 4 the lot size is getting juicey!
unless u had a ranging market from the US open for the entire week on all three pairs, u should make enough on the good days to weather any storms....but i do have the EA set to 5 fails max just in case. Which is when i will triple my beer intake!
  • #53,831
  • Oct 2, 2020 9:14am Oct 2, 2020 9:14am
Quoting lemercenaire
{quote} ''New'' Tom...sublime. https://www.youtube.com/watch?v=f1EthNFRqQU
An old fav...there are so many, lol.

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  • #53,832
  • Oct 2, 2020 9:17am Oct 2, 2020 9:17am
Well, talk about Back To The Future!

Good stuff.

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  • #53,833
  • Oct 2, 2020 9:18am Oct 2, 2020 9:18am
Quoting lemercenaire
{quote} An old fav...there are so many, lol. https://www.youtube.com/watch?v=3jBi8XfKzk0
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  • #53,834
  • Oct 2, 2020 9:33am Oct 2, 2020 9:33am
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  • #53,835
  • Oct 2, 2020 9:35am Oct 2, 2020 9:35am
Last one, honest - but man, these guys are sooooo spookily like their dads. Hard to believe this was recorded this year!

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  • #53,836
  • Oct 2, 2020 9:59am Oct 2, 2020 9:59am
Quoting lemercenaire
{quote} No, no, no!!! I would caution severely against using it your way on that time slot - unless conditions have changed majorly since I ran it. It is simply too volatile, small WZ whips at lightning speed and a head fake that is just large enough to suck you in before it goes completely against you. It could work if the counter aspect was incorporated - I often found that I simply couldn't act quickly enough to get in and out in time running it manually, no matter how fast a trigger-finger I had!
Point taken Lem thanks. Will not try it on Dax. Not unless I have an EA that can counter like you and Billy (so perhaps never then lol).
  • #53,837
  • Oct 2, 2020 10:24am Oct 2, 2020 10:24am
Quoting ia1979
{quote} Point taken Lem thanks. Will not try it on Dax. Not unless I have an EA that can counter like you and Billy (so perhaps never then lol).
If I notice that conditions have changed at all and may suit, I will certainly let you know.
  • #53,838
  • Oct 2, 2020 10:32am Oct 2, 2020 10:32am
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The BillyTT ATM still working.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #53,839
  • Oct 2, 2020 2:32pm Oct 2, 2020 2:32pm
Lem you should like this ..

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  • #53,840
  • Oct 2, 2020 4:01pm Oct 2, 2020 4:01pm
Quoting claudia1
Lem you should like this .. https://www.youtube.com/watch?v=1DBewzgXgYk
Oh very much so!
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