Billytt Die happy trading e/j daily breakout | Page 2722 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #54,421
  • Nov 6, 2020 1:43pm Nov 6, 2020 1:43pm
Quoting edlee9514
{quote} Interesting, I’m unfamiliar with your E/J strategy, but I also have a breakout strategy on EJ using the 22:00-2:00 range. Yields an EV of 0.68 and is purely mechanical. what do you mean when you say it fails? Dyou have an example?
Simply put,
If my 08-00 break fails, i trade the daily range, i then get my 5% as well as my loss. I always end up with more. AND i counter.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,422
  • Nov 6, 2020 1:49pm Nov 6, 2020 1:49pm
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  • #54,423
  • Nov 7, 2020 7:27am Nov 7, 2020 7:27am
Quoting billytt
{quote}[/highlight] First,,,, i am not contradicting myself. i made a lot of money a few years ago trading the e/j daily break, and i compounded & compounded & compounded. (it was easier then).(pre stupid margin) Then i returned

. What does Lem say????? PRICE HAS TO GO SOMEWHERE. I say, PRICE WILL GO SOMEWHERE. Thats how i trade. DAILY RANGE is a clue. AND THE STATS.
OMG or oh my great spirit.
The above, What does Lem say, Price has to go somewhere? That is what I have always said to myself, its my basic phylosophy. I also say Price will go somewhere. Lol. I wasn't suggesting my phrase is any better lol.
I had someone ping me saying, Why did I say that.
Have a good weekend all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,424
  • Nov 7, 2020 8:43am Nov 7, 2020 8:43am
Quoting billytt
{quote} OMG or oh my great spirit. The above, What does Lem say, Price has to go somewhere? That is what I have always said to myself, its my basic phylosophy. I also say Price will go somewhere. Lol. I wasn't suggesting my phrase is any better lol. I had someone ping me saying, Why did I say that. Have a good weekend all.
I think you're arguing with yourself, Billy, lol. There was no misunderstanding on my part, if that was your - or someone else's - worry.
  • #54,425
  • Nov 7, 2020 8:44am Nov 7, 2020 8:44am
Quoting billytt
{quote} OMG or oh my great spirit. The above, What does Lem say, Price has to go somewhere? That is what I have always said to myself, its my basic phylosophy. I also say Price will go somewhere. Lol. I wasn't suggesting my phrase is any better lol. I had someone ping me saying, Why did I say that. Have a good weekend all.
Oh and the slap wasn't for you either, lol.
  • #54,426
  • Nov 7, 2020 2:26pm Nov 7, 2020 2:26pm
Quoting lemercenaire
{quote} I think you're arguing with yourself, Billy, lol. There was no misunderstanding on my part, if that was your - or someone else's - worry.
LOL. I do get pinged once in a while off folks who say. How come Lem/Claudia say something and I trade the opposite way etc.
At the end of the day it means Jack sh*t, pardon the expletive.
Roll on new President, back to the old standard dross.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,427
  • Nov 9, 2020 2:39am Nov 9, 2020 2:39am
Got a quick +5pips off the BB, thanks Billy ^^
  • #54,428
  • Nov 9, 2020 2:48am Nov 9, 2020 2:48am
Quoting Barraka
Got a quick +5pips off the BB, thanks Billy ^^
Can see it was an explosive move this morning - did you enter on the open of the break candle? How did you enter?
  • #54,429
  • Nov 9, 2020 2:49am Nov 9, 2020 2:49am
Quoting Barraka
Got a quick +5pips off the BB, thanks Billy ^^

nice and quick 5 pips as well
  • #54,430
  • Nov 9, 2020 2:59am Nov 9, 2020 2:59am
Quoting edlee9514
{quote} Can see it was an explosive move this morning - did you enter on the open of the break candle? How did you enter?
I anticipated the break a bit (so not strictly the rules), as I was seeing momentum building up.
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  • #54,431
  • Nov 9, 2020 3:37am Nov 9, 2020 3:37am
Quoting Barraka
{quote} I anticipated the break a bit (so not strictly the rules), as I was seeing momentum building up.{image}
Nice - have you looked at holding it until the previous 21:00 level?
  • #54,432
  • Nov 9, 2020 3:44am Nov 9, 2020 3:44am
Quoting edlee9514
{quote} Nice - have you looked at holding it until the previous 21:00 level?
Not really, no.
  • #54,433
  • Edited 6:22am Nov 9, 2020 5:49am | Edited 6:22am
Gosh - why did DAX take off just now ?

Maybe this news - Pfizer and BioNTech’s Covid-19 vaccine found to be 90% effective ?
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every Saint has a past. Every Sinner has a Future
  • #54,434
  • Nov 9, 2020 2:56pm Nov 9, 2020 2:56pm
My one shot at the charts today. At nearly 21:00 Nothing on tv

Did ok.

USTec 1-min Entry On Pullback via The Spiders From Mars. +4.3 +17.6 +19 [+40.9]

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  • #54,435
  • Nov 10, 2020 2:27am Nov 10, 2020 2:27am
Nice billy bar today - it was not just a break of the 8:00-8:15 range but also a break of the 21:00-7:00 range!

How did people enter?
  • #54,436
  • Nov 10, 2020 5:14am Nov 10, 2020 5:14am
You "Billy bar" traders were happy today
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every Saint has a past. Every Sinner has a Future
  • #54,437
  • Nov 10, 2020 8:33am Nov 10, 2020 8:33am
Hi all, i hope everyone is ok.

i have been busy, i have traded my normal 08-00 break and everything is good.
i cannot say more, lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,438
  • Nov 10, 2020 8:39am Nov 10, 2020 8:39am
yes, everything is fine. thx for asking;-)
trading is like dancing, don't think and just listen to the music!
  • #54,439
  • Nov 10, 2020 3:07pm Nov 10, 2020 3:07pm
My one chance to get to the screens today.

Simple Spike-Hunting via Spiders From Mars (on Bars) and Dynamic Pivot.

USTec 1-min Spike and Retrace +7.8 +8.1 +17 +20.6 +23.7 +26.7 [+103.9]

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  • #54,440
  • Nov 10, 2020 4:58pm Nov 10, 2020 4:58pm
[quote=lemercenaire;13256632]My one chance to get to the screens today. Simple Spike-Hunting via Spiders From Mars (on Bars) and Dynamic Pivot.
Greetings Lem.
Following quietly along and reading up on Billy Bar and the AU H4. These are rinse & repeat type trades and I have used similar breakouts on my Futures charts. It is good to see the comraderies that have developed in this thread and the open sharing of info.
It is taking a long time to catch up with you guys - so many pages to digest and I am still working through the update list you provided in post 51597.
You have referred to some trades - Simple Spike-Hunting via Spiders From Mars (on Bars) and Dynamic Pivot.
Are you able to provide a bit of description of what you are looking at when you trade this method. Meantime I will continue to research the thread & suggested pages. It is full of little nuggets and that is much appreciated.
Thanks for your time Binnie
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