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Disliked{quote} Hey lem, please share your Billy-Bar 30 findings if you would. As I feel that ia1979 was referring to the 8.15 to 8.30 bar purely after failed BB’s, which sounds something different than what you may have come across. thanksIgnored
Disliked{quote} Hi Four, any bar from 08-00 until 09-00 is a a valid breakout method. It is very old breakout method. i choose the 08-00 15minute bar because i have to take into consideration the Fix if it Fails.Ignored
Dislikedmorning, yesterday an "unvisited level" was formed, followed by a red inside bar. this is when a movement is interrupted abruptly, it has not really finished. afterwards banks and market makers want to see this level or higher again in order to be able to close their positions. therefore they will try to drive or manipulate the prices there today. thus i estimate the probability of a long day to be greater than that of a short day and will rather look for long trade triggers. {image}Ignored
Dislikedmorning, yesterday an "unvisited level" was formed, followed by a red inside bar. this is when a movement is interrupted abruptly, it has not really finished. afterwards banks and market makers want to see this level or higher again in order to be able to close their positions. therefore they will try to drive or manipulate the prices there today. thus i estimate the probability of a long day to be greater than that of a short day and will rather look for long trade triggers. {image}Ignored
Disliked{quote} we still have some room left, so if i would trade this afternoon i would prefer longs. {image}Ignored
DislikedThe BillyBar is on vacation...I have just luckily missed it again today because i was not at home but looks like a fail (even a double one). Low broke first and failed to give +5, high broke after failed to give +5, then low broke again and this time it was good. Range was below 10 again too. Last week we had 3 fails in total on the first break. This week 2 so far in a row. 3 fails in a row seems to be a rather rare event so maybe hitting it hard tomorrow?
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Disliked{quote} Iddd, are you referring to "B" bar? Because I think billy bar is the "A" bar? Yes first high broke and fail but low broke give you +5 {image}Ignored
Disliked{quote} we still have some room left, so if i would trade this afternoon i would prefer longs. {image}Ignored