Billytt Die happy trading e/j daily breakout | Page 3016 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #60,301
  • Jan 22, 2022 3:58am Jan 22, 2022 3:58am
I am not getting into the debate of covid, vaccines etc.
I can only say, my first wife runs a covid ward along with my/her daughter.
At its height, they both said they had hundreds of people leave their ward to go to the morgue.
My daughter saying it was just carnage.
Any sort of treatment will have a negative.
Look at Frequency Distribution Stats regarding medical drug use, etc.
Now let's trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,302
  • Jan 22, 2022 4:16am Jan 22, 2022 4:16am
I have stats for 30 years, whether it's daily, 4 hours, Billy bar. Cable, e/j, a/u. and FD Stats.
We do not need that much history, I have posted this in the past. Just a few months will do.

Just lately we have had short range on Cable. It happens!
In my case, I focus on the daily range to fix a fail, or average daily range which is far better and more accurate. My 70 is more personal.
You know I normally hunt 5 points, I don't care if the daily range is 10,, 30,, 50,, 70, or hundreds. I want 5,i get 5.
You need the trigger., even a 50 daily range will have a breakout out trigger.
Try a different trigger until the stats show bigger daily ranges.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,303
  • Jan 22, 2022 4:22am Jan 22, 2022 4:22am
Quoting birdland
{quote} thank you lem for your participation and ideas. we have already given up one flat in order to be more flexible. i would have to sell the second flat, but my entire family and my wife's family live there. we are family people after all, it's not that easy. the east (hungary, czech republic, croatia, slovenia, poland) is far more reasonable than the old western powers. they protect their roots and are therefore stronger as a society. i also have friends on the isle of wight who could take us in if necessary. we'll see, now it's the lawyers'...
I have a very good friend who now has a house in Hungary, as well as a place on The Isle of Man. He saw this coming years ago.
  • #60,304
  • Jan 22, 2022 4:31am Jan 22, 2022 4:31am
Quoting billytt
I am not getting into the debate of covid, vaccines etc. I can only say, my first wife runs a covid ward along with my/her daughter. At its height, they both said they had hundreds of people leave their ward to go to the morgue. My daughter saying it was just carnage. Any sort of treatment will have a negative. Look at Frequency Distribution Stats regarding medical drug use, etc. Now let's trade.
Died with? Died of? Age? Co-Morbidities?

Anyway, this is not about the efficacy of vaccines - which these shots aren't, by the way - this is about force and coercion. Have your Jag - and 3 to 6 monthly boosters for the rest of their lives (which remember, even the boss of the Big Pz says don't actually work much anyway) - what have those who do have to worry about?

Djokovic was deported because, to paraphrase the Minister, "he thought the wrong thoughts" and "might persuade others to do likewise".

These are very dangerous times, my friends...and so many are sleepwalking into them.

I am now going back to my mountain hideaway...
  • #60,305
  • Jan 22, 2022 5:29am Jan 22, 2022 5:29am
Just a quick one, before I forget.
I'm posting from mobile, just dropping boat into water.
I cannot access charts yet.
Look at cable daily range candles. Include Sunday range if you want. But I don't.
Look at the high/low break. Now look at the 4 hour candles in relation to the daily break.
Look at the 00-00 4 hour candle in relation to the previous 20-00 candle.
Thurs was almost a pin, or bear candle, Fri kept it going down
This is standard trading,
I started this thread with e/j daily break. This still stands. But cable is now easier. Look at the charts, read them like a book, collate info, don't be greedy. Trade and don't be negative. Brrrrr OMG it's cold. Have a good day. Hello sailor.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,306
  • Jan 22, 2022 8:24am Jan 22, 2022 8:24am
Quoting billytt
Just a quick one, before I forget. I'm posting from mobile, just dropping boat into water. I cannot access charts yet. Look at cable daily range candles. Include Sunday range if you want. But I don't. Look at the high/low break. Now look at the 4 hour candles in relation to the daily break. Look at the 00-00 4 hour candle in relation to the previous 20-00 candle. Thurs was almost a pin, or bear candle, Fri kept it going down This is standard trading, I started this thread with e/j daily break. This still stands. But cable is now easier. Look at...
Your skill comes from a rock-solid foundation built steadily and gradually over time. As you say, don't get greedy...keep a logical and analytical approach, keeping wild emotions at bay. Emotions, wild or otherwise, have no part in serious trading.

Glad I'm not the only one who thinks it's cold today - even worse, it's now drizzling as well. A good old Scot's dreich day. Lovely.

Time to put a brew on!
  • #60,307
  • Jan 22, 2022 8:35am Jan 22, 2022 8:35am
Quoting billytt
Just a quick one, before I forget. I'm posting from mobile, just dropping boat into water. I cannot access charts yet. Look at cable daily range candles. Include Sunday range if you want. But I don't. Look at the high/low break. Now look at the 4 hour candles in relation to the daily break. Look at the 00-00 4 hour candle in relation to the previous 20-00 candle. Thurs was almost a pin, or bear candle, Fri kept it going down This is standard trading, I started this thread with e/j daily break. This still stands. But cable is now easier. Look at...
Damn dude, mid-January in England and you're putting a boat in the water! Enjoy!
Wow! I've got some experience to gain.
  • #60,308
  • Jan 22, 2022 8:38am Jan 22, 2022 8:38am
Too much 'rona' virus talk (though I agree about the craziness... and there are plenty pushing that here in the states), nobody posting weekend music!

Inserted Video
Wow! I've got some experience to gain.
  • #60,309
  • Jan 22, 2022 8:39am Jan 22, 2022 8:39am
Quoting lddd
If we still get to your modest 70 or even 60 today Billy? Few hours left for today. It's back and forth moving in a 30 Pips range since the UK Open. The low of my range was touched a third time now but since then a +15 has not yet been reached. Markets today looks to be driven by a lot of fear. Dow -1%, Dax -2%, Bitcoin -6%. GBP/USD a sweet -0,3%... Any idea how many days of the 252 trading days of 2021 GBP/USD was below a 70 Pips daily range? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW2.png Size: 49 KB

Over last 250 trading days, 30% of the time GBPUSD daily range below 70.

So far this year 10 out of 21 days daily range below 70:

Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 48 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #60,310
  • Jan 22, 2022 9:15am Jan 22, 2022 9:15am
Quoting TooSlow
{quote} {image} Over last 250 trading days, 30% of the time GBPUSD daily range below 70. So far this year 10 out of 21 days daily range below 70: {image}
thanks for the info TS.
you supply the info, then you'll have to explain what to do.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,311
  • Jan 22, 2022 9:16am Jan 22, 2022 9:16am
Quoting lemercenaire
{quote} Your skill comes from a rock-solid foundation built steadily and gradually over time. As you say, don't get greedy...keep a logical and analytical approach, keeping wild emotions at bay. Emotions, wild or otherwise, have no part in serious trading. Glad I'm not the only one who thinks it's cold today - even worse, it's now drizzling as well. A good old Scot's dreich day. Lovely. Time to put a brew on!

Thanks Lem, i know you've got your head around it, experience ,method.etc
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,312
  • Jan 22, 2022 9:22am Jan 22, 2022 9:22am
Cable, daily range for January 22.
Attached Image (click to enlarge)
Click to Enlarge Name: 22 A.png Size: 23 KB

below, cable daily range for Dec 21.
Attached Image (click to enlarge)
Click to Enlarge Name: 22 B.png Size: 12 KB


below, a random cable daily range for Oct 21.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 22 C.png Size: 22 KB
This is an example,,,,,look at the breaks of high/low. look at inside bars,
if your first trade is good, no need to keep trading ,so range size doesn't matter
If you have a stop you'll almost get busted many times.

edit, and yes we can have fails off a daily break.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,313
  • Jan 22, 2022 9:43am Jan 22, 2022 9:43am
Quoting billytt
{quote} thanks for the info TS. you supply the info, then you'll have to explain what to do.
Not so fast, Billy. I was just answering a question. Cheers, Mate!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #60,314
  • Jan 22, 2022 9:49am Jan 22, 2022 9:49am
Quoting billytt
Cable, daily range for January 22. {image} below, cable daily range for Dec 21. {image} below, a random cable daily range for Oct 21. {image}This is an example,,,,,look at the breaks of high/low. look at inside bars, if your first trade is good, no need to keep trading ,so range size doesn't matter If you have a stop you'll almost get busted many times. edit, and yes we can have fails off a daily break.
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 58 KB

There's one for you, Billy. High minus previous high and previous low minus low breakout stats. The AQUA colored bars are inside bars. Have at it, Mate.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #60,315
  • Jan 22, 2022 10:01am Jan 22, 2022 10:01am
Quoting TooSlow
{quote} Not so fast, Billy. I was just answering a question. Cheers, Mate!
Hahahaha...he's like quicksand, buddy. There's never only one question. Have fun, lol.
  • #60,316
  • Jan 22, 2022 2:47pm Jan 22, 2022 2:47pm
Quoting Lawnman
Too much 'rona' virus talk (though I agree about the craziness... and there are plenty pushing that here in the states), nobody posting weekend music! https://youtu.be/xJEc_AYk4do
Agreed.

Inserted Video
  • #60,317
  • Jan 22, 2022 4:12pm Jan 22, 2022 4:12pm
Quoting TooSlow
{quote} {image} Over last 250 trading days, 30% of the time GBPUSD daily range below 70. So far this year 10 out of 21 days daily range below 70: {image}
Many thanks TS.

This kind a reflects what I have already assumed but not expected it to be that much.

So 75 out of 250 days with less than a 70 Pips range. Looks like a lot to me.
  • #60,318
  • Jan 22, 2022 5:34pm Jan 22, 2022 5:34pm
Quoting TooSlow
{quote} Not so fast, Billy. I was just answering a question. Cheers, Mate!
It is the next step. Supply info, but it won't be enough.
Thank you for the input.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,319
  • Jan 22, 2022 5:39pm Jan 22, 2022 5:39pm
Quoting TooSlow
{quote} {image} There's one for you, Billy. High minus previous high and previous low minus low breakout stats. The AQUA colored bars are inside bars. Have at it, Mate.
That info TS is exceptional.
I used to make my own bars with something similar which I did post. We are just trying to narrow down the trigger bar. I really do like that info. Thank you.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,320
  • Jan 22, 2022 5:56pm Jan 22, 2022 5:56pm
It doesn't matter if cable daily range is 70 or whatever.
Movement is slower lately.
I use the range to fix.
A smaller daily range is then easier to trade off.
If you don't trade using range. Then don't look at them
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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