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Billytt Die happy trading e/j daily breakout

  • #58,601
  • Jun 17, 2021 5:53am Jun 17, 2021 5:53am
Quoting lemercenaire
{quote} Think I'll have a relaxing day on the horses today. Time to go see what's what (and if any involve your pal!).
Enjoy ! He has two runners in a later race.
  • #58,602
  • Jun 17, 2021 5:58am Jun 17, 2021 5:58am
Quoting keroppi_gims
{quote} Hi Mr-T, I am not sure if this is the best place to post this. I heard Lem mentioned that you have been using Laura's strategies quite well. I was wondering which do you prefer out of the Roadmap and Daylight strategies and whether you have also tried the Billy Bar and Not The Billy Bar strategies too? I am looking for something that is consistently profitable and would love your opinion on which one would be your pick. Thank you
Give Rockypoint's percentageWilliamsR page a look also. You'll see that there is nothing new under the sun and you will be able to pull the key elements from them all. They are easy to then morph them into a scheme that can enhance other methods or stand on their own.

I would actually now say (having given her new one some time) that it is most certainly more user/newcomer friendly than her earlier variant. Takes a whole chunk of subjectivity out of the equation).

But as I say, check Rockypoint. You'll get the picture.
  • #58,603
  • Jun 17, 2021 6:01am Jun 17, 2021 6:01am
Quoting lemercenaire
{quote} Give Rockypoint's percentageWilliamsR page a look also. You'll see that there is nothing new under the sun and you will be able to pull the key elements from them all. They are easy to then morph them into a scheme that can enhance other methods or stand on their own. I would actually now say (having given her new one some time) that it is most certainly more user/newcomer friendly than her earlier variant. Takes a whole chunk of subjectivity out of the equation). But as I say, check Rockypoint. You'll get the picture.
If he wants to talk about Laura's stuff then there's places to do it and it's not here. And no he won't get the picture.
  • #58,604
  • Jun 17, 2021 6:13am Jun 17, 2021 6:13am
Quoting herewego
{quote} Just to put my point of view if i may.......In my experience the 'secret' to being consistantly profitable is to stick to a system consistantly. The system should be back-tested over a long period of time (your trading hours) and allow for commisions and spreads. If your system has an edge you have to become an emotionless machine and trade it. This is just my opinion and others may differ.
Very important, the emotional side. Someone smarter than me ( and there are many) pointed out a long time ago, on this thread, that I exhibited all the signs of being a timid trader, a trader reluctant to follow his reasoning and deductions with action. The result was a lot of procrastination, and charts that would look at home in the Tate. Now, less is more. Draw a few lines prior to the open, price action tells me where to get in and, more importantly, the same price action tells me when I am wrong. I might hit upon a trend sometimes but the result is often that I will trade in and out, maybe using speed lines ( lines again)rather than sit back hoping for a long trend. Thus I am alert to every pullback. But you have to get in and roll up your sleeves because live trading is a different animal to simulated albeit simulated is a great way, temporarily, to see how your platform works. It took me a long time to piece together a couple of approaches that suit me from bits of other peoples approaches. But I got there. This game is mostly played out between ones' ears methinks. I 'm just a humble part time trader but there are others here with trading backgrounds. None of them, I wager, got a method, that required no effort on their part, handed to them by some kind stranger on a forum.
every Saint has a past. Every Sinner has a Future
  • #58,605
  • Jun 17, 2021 6:19am Jun 17, 2021 6:19am
Quoting turnip15
{quote} Very important, the emotional side. Someone smarter than me ( and there are many) pointed out a long time ago, on this thread, that I exhibited all the signs of being a timid trader, a trader reluctant to follow his reasoning and deductions with action. The result was a lot of procrastination, and charts that would look at home in the Tate. Now, less is more. Draw a few lines prior to the open, price action tells me where to get in and, more importantly, the same price action tells me when I am wrong. I might hit upon a trend sometimes but...
You found out what worked for you. Sure took some time but fun on the way too.
  • #58,606
  • Jun 17, 2021 6:25am Jun 17, 2021 6:25am
Quoting claudia1
{quote} This isn't the business for you. You obviously haven't read the thread. I and herewego post a winning strategy every morning. If you can't figure out a system/strategy for yourself then you will lose money I promise. You can't expect people to give you something for nothing - some of us here have been in the industry for many years, worked for banks etc and learned the hard way. Not The Billy Bar has nothing to do with FTSE it's GU - see you haven't read the posts.
In the interests of clarity, the thinking that the NTBB is FTSE is my bad, as I mentioned it to him as the time slot you used for your new baby.

I should have made clear that the NTBB is run exactly as the BB is. - on GU only, with all the same rules as the main BB.

As I said, my bad.

I am willing to give some leeway here so long as we don't get into an ever-decreasing-circles situation so familiar re another.

SOME leeway...
  • #58,607
  • Jun 17, 2021 6:26am Jun 17, 2021 6:26am
Quoting lemercenaire
{quote} Think I'll have a relaxing day on the horses today. Time to go see what's what (and if any involve your pal!).
Claudia I've punted it and if I lose it will definitely be Billy's fault!
  • #58,608
  • Jun 17, 2021 6:30am Jun 17, 2021 6:30am
Quoting lemercenaire
{quote} In the interests of clarity, the thinking that the NTBB is FTSE is my bad, as I mentioned it to him as the time slot you used for your new baby. I should have made clear that the NTBB is run exactly as the BB is. - on GU only, with all the same rules as the main BB. As I said, my bad. I am willing to give some leeway here so long as we don't get into an ever-decreasing-circles situation so familiar re another. SOME leeway...
I hear what you say. Lets move on and continue the thread the way it was - good trades and some fun. Maybe Billy will return Mr T is on a mission to find him !

Edit: not to forget some music and a few horses on the way ...
  • #58,609
  • Jun 17, 2021 6:31am Jun 17, 2021 6:31am
Quoting Fagin
{quote} Claudia I've punted it and if I lose it will definitely be Billy's fault!
Got to find him first !
  • #58,610
  • Jun 17, 2021 6:35am Jun 17, 2021 6:35am
Quoting claudia1
{quote} Got to find him first !
Billy will be found when Billy wants to be found, lol.
  • #58,611
  • Jun 17, 2021 6:37am Jun 17, 2021 6:37am
Quoting lemercenaire
{quote} Billy will be found when Billy wants to be found, lol.
Maybe lol. He certainly has some reading to catch up on.
  • #58,612
  • Jun 17, 2021 6:48am Jun 17, 2021 6:48am
Here's an easy 'orders both sides' NY open will break it one way or the other.
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  • #58,613
  • Jun 17, 2021 6:49am Jun 17, 2021 6:49am
Quoting claudia1
{quote} Got to find him first !
I think he's gone fishin'...

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  • #58,614
  • Jun 17, 2021 6:51am Jun 17, 2021 6:51am
For the record, here's The BB from this morning (I) would have had a Sell Bias, so not so concerned about the larger range.

Billy Bar

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  • #58,615
  • Jun 17, 2021 6:52am Jun 17, 2021 6:52am
Quoting lemercenaire
{quote} I think he's gone fishin'... {image}
Is that Twee behind him about to shoot him ??
  • #58,616
  • Jun 17, 2021 7:00am Jun 17, 2021 7:00am
AJ, watch for a bounce. 12:59 UK.

EDIT 13:03: Nearly missed this - but be cautious/mindful of the Z-Line on the 5-min chart.
  • #58,617
  • Jun 17, 2021 7:13am Jun 17, 2021 7:13am
Quoting lemercenaire
AJ, watch for a bounce. 12:59 UK. EDIT 13:03: Nearly missed this - but be cautious/mindful of the Z-Line on the 5-min chart.
AJ 5 min Z-line to Z-line In Heavy Jumbo! +2.8 +2.4

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  • #58,618
  • Jun 17, 2021 7:17am Jun 17, 2021 7:17am
Quoting lemercenaire
{quote} AJ 5 min Z-line to Z-line In Heavy Jumbo! +2.8 +2.4 {image}
Good call to bag. Never hang around if you are playing micro Z-Lines.

It may still close above and move on up to the micro S+D but at least I have another bar of gold under the bed and can go in again off the upper Z-Line if I see it.

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  • #58,619
  • Jun 17, 2021 7:19am Jun 17, 2021 7:19am
Wonder if the online issues the Australian banks seem to all be having today is contributing (or caused by?) this downwards pressure?
  • #58,620
  • Jun 17, 2021 7:23am Jun 17, 2021 7:23am
Claudia - USTech is compressed and ready to go.
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