Billytt Die happy trading e/j daily breakout | Page 2811 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #56,201
  • Feb 7, 2021 6:03am Feb 7, 2021 6:03am
Quoting bojack34
I know that hedging has always give a lot of people who've visited this thread a lot of fits. I came across this video in another thread on FF. I figured I would share it. I know it's not exactly how Billy trades or hedges but it should shed a little bit of light on hedging in general. https://ttprivatenew.s3.amazonaws.co...1-07-18-40.mp4
Worth a read https://www.investopedia.com/terms/f...g-strategy.asp
  • #56,202
  • Feb 7, 2021 6:17am Feb 7, 2021 6:17am
Quoting bojack34
I know that hedging has always give a lot of people who've visited this thread a lot of fits. I came across this video in another thread on FF. I figured I would share it. I know it's not exactly how Billy trades or hedges but it should shed a little bit of light on hedging in general. https://ttprivatenew.s3.amazonaws.co...1-07-18-40.mp4
Hi Bo, hope you are well.
Awesome information.

I fully understand that guys hedging/method.
We trade very very similar, the only difference is i count the counter etc as a totally different trade.
He showed what happened and spoke of what he next expects.i can already see the levels where to fight back.
Nice 1 thanks Bo.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,203
  • Feb 7, 2021 6:19am Feb 7, 2021 6:19am
Quoting claudia1
{quote} Worth a read https://www.investopedia.com/terms/f...g-strategy.asp

Thanks for the info Claudia.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,204
  • Feb 7, 2021 6:24am Feb 7, 2021 6:24am
a quick one regarding my 5 minute scalps.
Always remember that the price usually ranges approx 2/3 of a day.(So i believe).

So even if we have a couple of fails this is probably due to ranging .But we know it will break out.
Just saying.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,205
  • Feb 7, 2021 7:06am Feb 7, 2021 7:06am
Quoting billytt
{quote} Hi Bo, hope you are well. Awesome information. I fully understand that guys hedging/method. We trade very very similar, the only difference is i count the counter etc as a totally different trade. He showed what happened and spoke of what he next expects.i can already see the levels where to fight back. Nice 1 thanks Bo.
I would LOVE (many of us would) for you to make a video just like this one of YOU hedging a trade. Show us how YOU trade your way out! Thanks Billy!!
  • #56,206
  • Feb 8, 2021 2:40am Feb 8, 2021 2:40am
Morning to Billy and all other party people here.

+5 on the BillyBar low break. I am done for today, thanks.
  • #56,207
  • Feb 8, 2021 2:59am Feb 8, 2021 2:59am
12-4am range, the high almost broke after 7am, and then again after 8am. But as Billy says, almost isn’t good enough. Took +8 on the low break of the range. Wanted a low break as I think the high break would have struggled, given all the resistance around 1.3740-1.3750.
  • #56,208
  • Feb 8, 2021 3:05am Feb 8, 2021 3:05am
Hi all, a good start to the week.
Cable 08-00 break, low broke and down. i got 5% as usual.
trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,209
  • Feb 8, 2021 4:01am Feb 8, 2021 4:01am
Quoting lddd
Morning to Billy and all other party people here. +5 on the BillyBar low break. I am done for today, thanks.
Wait a minute... Let me put it this way because the situation is just right.

This is me having fun in the garden while the dog has to do his thing.

Attached Image (click to enlarge)
Click to Enlarge Name: plus-5-winderland.jpg Size: 33 KB

Actually my first thoughts this morning when i stepped onto the terrace to have a coffee were, brrrr f%@k it, forget about trading, forget about everything, i am going to jump straight into the bed again.
  • #56,210
  • Feb 8, 2021 4:30am Feb 8, 2021 4:30am
Quoting lddd
{quote} Wait a minute... Let me put it this way because the situation is just right. This is me having fun in the garden while the dog has to do his thing. {image} Actually my first thoughts this morning when i stepped onto the terrace to have a coffee were, brrrr f%@k it, forget about trading, forget about everything, i am going to jump straight into the bed again.

yaaaaaaaaaaaaaaaaaaaaaaaay, a note written in snow.

Put a chart up next, lol.
trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,211
  • Feb 8, 2021 4:32am Feb 8, 2021 4:32am
t 10-31
i am currently watching dax, it is ranging.
when it goes hopefully i will be on it.
i post a chart soon.


edit at 10-33 chart just copied, dax 5 min.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,212
  • Feb 8, 2021 4:34am Feb 8, 2021 4:34am
Quoting ia1979
12-4am range, the high almost broke after 7am, and then again after 8am. But as Billy says, almost isn’t good enough. Took +8 on the low break of the range. Wanted a low break as I think the high break would have struggled, given all the resistance around 1.3740-1.3750.
My thoughts were the same. To me the actual high broke with the 12-4 range. High i got 1.37409 which got broken earlier this morning by "the not the billy bar" at 1.37414. Well broken for half a pip... My general bias was more like to she short side too, spotting all the resistance there like you already mentioned.

But i would have traded the high break of the BillyBar too as to me "resistance" is a rather subjective term. Sometimes it holds, sometimes it breaks, who knows. So all i do is trade the lines.
  • #56,213
  • Feb 8, 2021 5:27am Feb 8, 2021 5:27am
Quoting billytt
t 10-31 i am currently watching dax, it is ranging. when it goes hopefully i will be on it. i post a chart soon. edit at 10-33 chart just copied, dax 5 min. {image}
Watching Gold just now. Hoping price will break the daily high for $5 (50 pips, 500 points lol). ADR is still quite low.
  • #56,214
  • Feb 8, 2021 5:34am Feb 8, 2021 5:34am
Quoting ia1979
{quote} Watching Gold just now. Hoping price will break the daily high for $5 (50 pips, 500 points lol). ADR is still quite low.
go for it.
i have never traded gold..
OR, at least i do not think i have.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,215
  • Feb 8, 2021 5:58am Feb 8, 2021 5:58am
Quoting billytt
{quote} go for it. i have never traded gold.. OR, at least i do not think i have.
Price stalled at R1 so I took some profit and got out. Will wait for US open now.

Pending order got triggered almost 20 pips late as well. Ah well.
  • #56,216
  • Feb 8, 2021 6:46am Feb 8, 2021 6:46am
Quoting ia1979
{quote} Price stalled at R1 so I took some profit and got out. Will wait for US open now. Pending order got triggered almost 20 pips late as well. Ah well.
gold can be very, very volatile. i have traded it for quite a while. the GU is nothing compared to gold. and it has a different behaviour of course.

but we can learn everything.
trading is like dancing, don't think and just listen to the music!
  • #56,217
  • Feb 8, 2021 7:10am Feb 8, 2021 7:10am
Quoting birdland
{quote} gold can be very, very volatile. i have traded it for quite a while. the GU is nothing compared to gold. and it has a different behaviour of course. but we can learn everything.
I would add to it that its also more affected by fundamentals.
  • #56,218
  • Feb 8, 2021 7:27am Feb 8, 2021 7:27am
Quoting billytt
t 10-31 i am currently watching dax, it is ranging. when it goes hopefully i will be on it. i post a chart soon. edit at 10-33 chart just copied, dax 5 min. {image}
we have had a modest move up, before.
Attached Image


too, below
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,219
  • Edited 8:49am Feb 8, 2021 7:28am | Edited 8:49am
omg diane abbot has just come onto radio, excuse me while i throw radio out.

edit,,,, so she says the million illegals here feel threatened by authority. So they probably wont get the covid jab.
Maybe we should cull them then.
Actually i shouldnt say that, but hey ho.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,220
  • Feb 8, 2021 8:48am Feb 8, 2021 8:48am
dax, chart just copied . t 14-47

i would like if/when it breaks this range to go up,
but if it drope, not to worry, just short.
lets see.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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