Billytt Die happy trading e/j daily breakout | Page 2852 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #57,021
  • Mar 16, 2021 9:21am Mar 16, 2021 9:21am
Inserted Video
  • #57,022
  • Mar 16, 2021 10:16am Mar 16, 2021 10:16am
Quoting FOURX
{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. thanks
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.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,023
  • Mar 16, 2021 10:22am Mar 16, 2021 10:22am
Cable 08-00 break.
The High broke and i went long.
i got hacked off and stuck a counter on. i ended up with 3%.
The weird thing is i have no idea how the break went.lol
I was focused on e/j,,,,,e/u and usd cad tradng the 00-00 4 hour bar break and all went well.( or second break)

i am all shut down now until tomorrow.
Happy Days.
Trade Well All.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,024
  • Mar 16, 2021 10:34am Mar 16, 2021 10:34am
When i say concentrated on e/u.....e/j........usd/cad.
i am looking for something like this below.
Attached Image
we have trigger bar.
1=high broke then retrace down.
2= lowbroke then retrace back up.
3 = High broke and retraced back down
4 =low broke BOOM,

i actually traded the 3 high break and 4 low break.yaaaaay

e/u was almost the same,,,and usd cad was a high then low...i shorted it on the second break.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,025
  • Mar 16, 2021 2:39pm Mar 16, 2021 2:39pm
Quoting billytt
{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.
  • #57,026
  • Mar 17, 2021 3:04am Mar 17, 2021 3:04am
Quoting birdland
morning, 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}
Good call Bird
Attached Image (click to enlarge)
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  • #57,027
  • Mar 17, 2021 3:43am Mar 17, 2021 3:43am
Not trading the BB today. Don't have a good reference for price today (yet) and I tend to mess up more around Oil inventories and FOMC days + the sun is out.

Have a good day all
  • #57,028
  • Mar 17, 2021 4:02am Mar 17, 2021 4:02am
Lem did she do good !!

She's come a long way since Tipperary! Jockey Rachael Blackmore achieves her dream and races into the record books... at a deserted Cheltenham Festival

  1. Rachael Blackmore, 31, from County Tipperary, rode to victory on Honeysuckle
  2. Blackmore became first woman to win Cheltenham Festival's Champion Hurdle
  3. For the first time in the racing festival's 161-year history no fans were allowed

  • #57,029
  • Mar 17, 2021 7:47am Mar 17, 2021 7:47am
Quoting birdland
morning, 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}
we still have some room left, so if i would trade this afternoon i would prefer longs.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1unv.level (2).png Size: 40 KB
trading is like dancing, don't think and just listen to the music!
  • #57,030
  • Mar 17, 2021 8:21am Mar 17, 2021 8:21am
Quoting birdland
{quote} we still have some room left, so if i would trade this afternoon i would prefer longs. {image}
Yep, FOMC news later capping the market so far today it seems..
  • #57,031
  • Mar 17, 2021 8:25am Mar 17, 2021 8:25am
The 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?

No trades for me today so far. Not sure what to do now. I need to fix my bike, so maybe thats what i am doing now.
  • #57,032
  • Mar 17, 2021 9:48am Mar 17, 2021 9:48am
Quoting lddd
The 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? ...
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
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PIVOT Return This Year: na
  • #57,033
  • Mar 17, 2021 1:12pm Mar 17, 2021 1:12pm
Fun...fun...fun...

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Played the reaction. All good...

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  • #57,034
  • Mar 17, 2021 1:31pm Mar 17, 2021 1:31pm
The Dirty30 knew where it was going.

30-min chart.

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  • #57,035
  • Mar 17, 2021 1:41pm Mar 17, 2021 1:41pm
Quoting dimash0609
{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}
Hey dim, you are correct. My mistake, A is the BillyBar, high broke first and failed, low broke and was good.

I had the wrong setup bar marked on my chart. That must have happened to me because of the time change last Sunday. So i had it to 8:15 instead of 08:00.

Man great that you have noticed it. I probably would have otherwise traded the wrong bar for the rest of the week.

So monday was no fail, and yesterday was no fail too right? Seems like nobody noticed i was trading the wrong setup yesterday lol.

So even better i did leave it out today.

I owe you one, thanks
  • #57,036
  • Mar 17, 2021 1:58pm Mar 17, 2021 1:58pm
Attached Image (click to enlarge)
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Seems like some news gave cable a push up again. I am still running my counter by the failed BillyBar setup from last Thursday.

Hopefully price settles somewhere above 1.3945 so might get a chance to get out of it if getting a short trigger tomorrow.
  • #57,037
  • Mar 17, 2021 11:51pm Mar 17, 2021 11:51pm
Bit of news out later on boys and girls if you weren't aware. (times are Aussie by the way)

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  • #57,038
  • Mar 18, 2021 1:10am Mar 18, 2021 1:10am
Quoting birdland
{quote} we still have some room left, so if i would trade this afternoon i would prefer longs. {image}
first they took out the (obvious) stops, then they cleared the level.

now banks&market makers are under control again and will heck out a new plan;-)
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #57,039
  • Mar 18, 2021 2:32am Mar 18, 2021 2:32am
70 range pretty much hit today.....looks like some fun and games ahead.......

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  • #57,040
  • Mar 18, 2021 2:59am Mar 18, 2021 2:59am
'Not the Billy bar' orders going in either side.
Attached Image (click to enlarge)
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