Billytt Die happy trading e/j daily breakout | Page 2836 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #56,701
  • Feb 25, 2021 3:49am Feb 25, 2021 3:49am
Quoting billytt
Dax looks like it is going to blow. t 09-40
Keeping a close watch on the one minute William
every Saint has a past. Every Sinner has a Future
  • #56,702
  • Feb 25, 2021 4:02am Feb 25, 2021 4:02am
Quoting billytt
yesterday Radio 4. An expert they spoke to said quote, The horrendous flooding was caused by RAIN?. Another expert said, and i do know the story, she said quote, bullets that contain lead are dangerous?.

The dictatorship of the stupid: How our society is going stupid because the smarter ones always give in.

IQ longterm:
Attached Image (click to enlarge)
Click to Enlarge Name: world-iq.jpg Size: 56 KB
trading is like dancing, don't think and just listen to the music!
  • #56,703
  • Feb 25, 2021 4:32am Feb 25, 2021 4:32am
Quoting birdland
{quote} The dictatorship of the stupid: How our society is going stupid because the smarter ones always give in. IQ longterm: {image}
yes indeed, i have an IQ of 124, that includes 7 of my friends. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,704
  • Feb 25, 2021 4:54am Feb 25, 2021 4:54am
Quoting turnip15
{quote} Keeping a close watch on the one minute William
time now 10-54.
i have so collected off 2 short breaks and 1 long break .
Dax 1 minute chart
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,705
  • Feb 25, 2021 6:01am Feb 25, 2021 6:01am
Quoting billytt
{quote} time now 10-54. i have so collected off 2 short breaks and 1 long break . Dax 1 minute chart
One losing short and one winner long. Plus overall, plus earlier trades from just after 8am that were better trends.
Apologies for late reply.
every Saint has a past. Every Sinner has a Future
  • #56,706
  • Feb 25, 2021 6:44am Feb 25, 2021 6:44am
I am still -30 (-$870) from beginning of the week. Moday's fail booked me in -17, the recovery/fix from that i got stopped out for another -12 later the day. Then no further trades until here.

Will be hard to beat. Anyone? One day to go, but me making 30 Pips on a Friday? Wooh. Hopefully at least not ending with another -17 or so if taking tomorrows setup.
  • #56,707
  • Feb 25, 2021 7:16am Feb 25, 2021 7:16am
Quoting billytt
Wizzle, e/u from yesterday Wed. {image}T = trigger range of 00-00 4 hour bar. low broke =1. retraced back up to break high. =2 when we started speaking i said we could enter a retrace trade at =3 and up it went to break high at =4. Then it dropped and broke 00-00 low at =5 for more.lol Then it went back up to break 00-00 high at =6. I do trade trades like this, BUT NOT THIS YESTERDAY.
Thank you again Billy, that was helpful.

I'm assuming these are ideas to help fix potential bad trades ?
  • #56,708
  • Feb 25, 2021 7:28am Feb 25, 2021 7:28am
Quoting Wizzlebizzle
{quote} Thank you again Billy, that was helpful. I'm assuming these are ideas to help fix potential bad trades ?
originally, i would trade my method which was the break of the e/j daily,,, then a/u 04-00 bar and now the 08-00.
IF we got the fail we then move onto chase the daily range.o90r leave it until the day after.

With the daily range chase, we may of had and still have, opportunities to trade an inside bar break on the 4 hour or daily.
When fixing we may end up with a lot more than we lost.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,709
  • Feb 25, 2021 7:30am Feb 25, 2021 7:30am
Quoting turnip15
{quote} One losing short and one winner long. Plus overall, plus earlier trades from just after 8am that were better trends. Apologies for late reply.
i am currently on my 7th scalp, all good so far.
t 13-30
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,710
  • Feb 25, 2021 7:55am Feb 25, 2021 7:55am
Quoting billytt
Trading. cable 08-00 break, high broke and failed, it was a sneaky high break lol. i manually adjusted the 08-00 bar to 15 then shorted. i got +5% and then set about fixing the minus 15. all is well.
Hi Billy!
Just a quick question abt today's 0800 15min Bar.. based on my chart below it didn't break the 0800 high (orange arrow).. is there anything wrong with my candle?
Attached Image (click to enlarge)
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PIVOT Return This Year: na
  • #56,711
  • Feb 25, 2021 8:03am Feb 25, 2021 8:03am
Quoting dimash0609
{quote} Hi Billy! Just a quick question abt today's 0800 15min Bar.. based on my chart below it didn't break the 0800 high (orange arrow).. is there anything wrong with my candle? {image}
Hi D, hope you are well.
your chart is good BUT.............................. drum rolllllllll.
08-00 bar High is 14160.7 <<<<<<<<<<<< my trigger was 14160 NOT INCLUDING THE Point 7.
The high broke by next bar which went to 14160.5 VERY SNEAKY. so high triggered then retrace back down to fail.

This has happened again today with the 00-00 range. Cable bad boy today due to uncertainty.
Some people like to use a buffer ,i dont.
Just 1 point is equal to 20% of my 5 range.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,712
  • Feb 25, 2021 8:26am Feb 25, 2021 8:26am
Quoting billytt
{quote} originally, i would trade my method which was the break of the e/j daily,,, then a/u 04-00 bar and now the 08-00. IF we got the fail we then move onto chase the daily range.o90r leave it until the day after. With the daily range chase, we may of had and still have, opportunities to trade an inside bar break on the 4 hour or daily. When fixing we may end up with a lot more than we lost.
Oke, understood...I think

Am I correct in summing it up as follows: Trade for a "quick and easy" +5 of the BillyBar. If you made +5 you (could) call it a day. If you did loose on the first break of the BillyBar, you now go on to fix (make up for the loss) the trade with other triggers, aiming for more than +5 in search of the daily range ?

If the above is correctly assumed, I think the chasing of the daily range is something for me to look in to again.
  • #56,713
  • Feb 25, 2021 8:39am Feb 25, 2021 8:39am
Quoting Wizzlebizzle
{quote} Oke, understood...I think Am I correct in summing it up as follows: Trade for a "quick and easy" +5 of the BillyBar. If you made +5 you (could) call it a day. If you did loose on the first break of the BillyBar, you now go on to fix (make up for the loss) the trade with other triggers, aiming for more than +5 in search of the daily range ? If the above is correctly assumed, I think the chasing of the daily range is something for me to look in to again.
you've got it.
Price is always going somewhere. (most of the day).
We have a daily range every day.
OK, cable just lately has been hard.
With Brexit and Mr Trump with a dash of Boris trading was made a lot easier, that is why i started messing around chasing the daily range.
Normally it is get +5% then get out.

don't forget that 5% = Ģ700.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,714
  • Feb 25, 2021 8:46am Feb 25, 2021 8:46am
Roger, thank you Billy. Now the question how to actually capture this daily range.. Some of my other strategies involving wick zone, round numbers and pivot points (all traded very similarly) have been reasonable at capturing +30, perhaps I could use this.
shall search the thread for clues again
  • #56,715
  • Feb 25, 2021 9:04am Feb 25, 2021 9:04am
Quoting Wizzlebizzle
Roger, thank you Billy. Now the question how to actually capture this daily range.. Some of my other strategies involving wick zone, round numbers and pivot points (all traded very similarly) have been reasonable at capturing +30, perhaps I could use this. shall search the thread for clues again
time 15-02.
i have just copied this cable chart.
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Click to Enlarge Name: gu 25 02 21 B.png Size: 23 KB
1= 08-00 bar break.
00-00 range = 24.

Range so far 61, and it is late in the day.
we are playing numbers/maths
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,716
  • Feb 25, 2021 9:27am Feb 25, 2021 9:27am
Quoting billytt
{quote} time 15-02. i have just copied this cable chart. {image} 1= 08-00 bar break. 00-00 range = 24. Range so far 61, and it is late in the day. we are playing numbers/maths
It's been another scrappy (but still positive) day for me. I'm tempted to chase a pop up to 1.42 but think I will regret it.

I'm not though, I have some grass (of the lawn type) to sow, and I might watch that grow instead.
  • #56,717
  • Feb 25, 2021 9:30am Feb 25, 2021 9:30am
Quoting Wizzlebizzle
Roger, thank you Billy. Now the question how to actually capture this daily range
It is that i asked my self too. "Chasing the daily range" sounds cool but without a trigger it would be nothing more than trading what you see / feel, maybe call it scalping based on the price action you feel/see in the moment?

It is exactly what i was/am doing trying to fix for the fails i have on the 08-15 trigger. However with doing it like that your entries might be not based on any statistical based triggers/edge anymore.

So chasing the daily range, great, but where to enter/exit there?

Did it work for me so far, yes. Some days better some days not so good. The problem here is that i donīt find any kind of routine with it doing it that way and also often leaded to many losses in a row i than had to fix as well.
  • #56,718
  • Feb 25, 2021 9:31am Feb 25, 2021 9:31am
Quoting Fagin
{quote} It's been another scrappy (but still positive) day for me. I'm tempted to chase a pop up to 1.42 but think I will regret it. I'm not though, I have some grass (of the lawn type) to sow, and I might watch that grow instead.
Scrappy is the word, normal days we would of had more movement, ie range. but still time.
i am not looking at cable yet, only the 08-00.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #56,719
  • Feb 25, 2021 9:35am Feb 25, 2021 9:35am
Quoting billytt
{quote} i am currently on my 7th scalp, all good so far. t 13-30
Have you seen the afternoon (US open) Dax action
every Saint has a past. Every Sinner has a Future
  • #56,720
  • Feb 25, 2021 9:41am Feb 25, 2021 9:41am
Quoting turnip15
{quote} Have you seen the afternoon (US open) Dax action
yep, yaaaaaaaaaaaaaaaay.
i traded dax down. then up, then down again.
I had good lines. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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