Billytt Die happy trading e/j daily breakout | Page 3026 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #60,501
  • Feb 1, 2022 2:26am Feb 1, 2022 2:26am
Quoting billytt
{quote} good work, i assume you went cable long upto the 00.
Yep, just for the 5 though
  • #60,502
  • Feb 1, 2022 2:52am Feb 1, 2022 2:52am
Quoting Fagin
{quote} Yep, just for the 5 though

nothing wrong with 5. i should have it tattooed on my arm. 5 lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,503
  • Feb 1, 2022 2:56am Feb 1, 2022 2:56am
Quoting Fagin
{quote} Yep, just for the 5 though
i was sat twidding my thumbs, so i fired up my bot.

took a few more than 5 but my lot size has to be small due to the way it runs.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,504
  • Feb 1, 2022 3:18am Feb 1, 2022 3:18am
Quoting billytt
{quote} nothing wrong with 5. i should have it tattooed on my arm. 5 lol
Inserted Video
trading is like dancing, don't think and just listen to the music!
  • #60,505
  • Feb 1, 2022 3:23am Feb 1, 2022 3:23am
Quoting billytt
{quote} nothing wrong with 5. i should have it tattooed on my arm. 5 lol
The problem is not getting 5 Pips at times. It's all about what you do when you don't get it and say end at -30 instead...

Anyway. Here is the 08-09 AM H1 break. The high broke and was good for the +15 while SL at -15. Huge candle before that.

Haven't traded it as I was at the dentist. Going to run through the complete month later on and see how that would have turned out.

Have a nice day all.

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  • #60,506
  • Feb 1, 2022 3:29am Feb 1, 2022 3:29am
Quoting birdland
{quote} https://www.youtube.com/watch?v=vmDDOFXSgAs
Awesome song, that should be my theme music.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,507
  • Feb 1, 2022 3:31am Feb 1, 2022 3:31am
It doesnt matter how much against you a trade goes.
If you have a plan, you'll be trading it.
You go with the market maker.

I say this time and time again.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,508
  • Feb 1, 2022 3:31am Feb 1, 2022 3:31am
Quoting billytt
{quote} i was sat twidding my thumbs, so i fired up my bot. took a few more than 5 but my lot size has to be small due to the way it runs.
I couldn't trust myself with a bot, it'd be like the godfather and a tommy gun in the restaurant! Tomato sauce everywhere...

Sounds good though!
  • #60,509
  • Feb 1, 2022 3:33am Feb 1, 2022 3:33am
Quoting lddd
{quote} The problem is not getting 5 Pips at times. It's all about what you do when you don't get it and say end at -30 instead... Anyway. Here is the 08-09 AM H1 break. The high broke and was good for the +15 while SL at -15. Huge candle before that. Haven't traded it as I was at the dentist. Going to run through the complete month later on and see how that would have turned out. Have a nice day all. {image}
So get 35 then...
  • #60,510
  • Feb 1, 2022 3:41am Feb 1, 2022 3:41am
Quoting Fagin
{quote} So get 35 then...
That is what I mean but Billy always talked about getting 5. Having +5 TP as a fixed target for his breakout triggers. Getting +35 is no longer backed by any statistics then? Also a second entry could go wrong again, seen it over and over again. You are then -60 already following that logic of countering or using a SL at the opposite end of the range and price retracing against you once again. Where do you stop, how many entries you keep doing the day to then maybe have it fixed or end at what, -120 then getting it wrong 2-3 more times.

Here is a trade i now placed assuming we are near to a 100% ADR. Just praying for it to retrace from here... Knowing my luck it now keeps running up, at least until my SL and even making a 150% ADR

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  • #60,511
  • Feb 1, 2022 4:03am Feb 1, 2022 4:03am
Well I jumped out at +13. Almost got the +5% for the FTMO 100k trial account. $11 USD missing... However I had only entered 4 trades and won all of them. Could have easily ended the other way around. Really nothing to talk about. Risked -1.5% per entry with +-15 Pips TP/SL. I would now have to make another +5% for the next 10 days to actually make it for a real challenge account and hit their +10% profit target over the 30 calendar days.

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Edit. It looks it would have also made the +15 fixed TP just now.

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Bitcoin is doing good. I bought some more at $32k. We are back at $38k. I am already holding since $3800. Continuously trying to buy the dips since then. I actually expected we see 6 figures in 2021. I think we gonna see it this year (just a feeling).
  • #60,512
  • Feb 1, 2022 4:07am Feb 1, 2022 4:07am
Quoting Fagin
{quote} I couldn't trust myself with a bot, it'd be like the godfather and a tommy gun in the restaurant! Tomato sauce everywhere... Sounds good though!

i call it cheating using a bot.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,513
  • Feb 1, 2022 9:49am Feb 1, 2022 9:49am
Quoting billytt
{quote} i call it cheating using a bot.
You are not alone

Quote
Foreign exchange markets also have active algorithmic trading, measured at about 80% of orders in 2016 (up from about 25% of orders in 2006).

Source: https://en.wikipedia.org/wiki/Algori...rs%20in%202006).
  • #60,514
  • Feb 1, 2022 10:36pm Feb 1, 2022 10:36pm
t 06-34
Cable chart just copied. so far the 00-00 4 hour bar has not been broken.

i have already placed my black vertical 70 range line on highest high and lowest low.

i will probably trade off the 04-00 4 hour bar when it closes at 08-00 uk open.
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,515
  • Feb 1, 2022 11:30pm Feb 1, 2022 11:30pm
t 07-28
Cable 4 hour chart just copied.
i have adjusted the 70 range black vertical to the Highest High.
The 00-00 4 hour bar high broke. This would of been enough for mw but i did not trade it. lol
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Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,516
  • Feb 2, 2022 1:39am Feb 2, 2022 1:39am
t 09-38
Cable 4 hour chart just copied.
the 70 range vertical line has been adjusted to the highest high. the other line has not been touched,
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that 04-00 4 hour bar, did not break the 00-00 bar low. It was very close .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,517
  • Feb 2, 2022 2:35am Feb 2, 2022 2:35am
Quoting billytt
t 09-38 Cable 4 hour chart just copied. the 70 range vertical line has been adjusted to the highest high. the other line has not been touched, {image} that 04-00 4 hour bar, did not break the 00-00 bar low. It was very close .
Morning, I'm guessing the allergy to longs has kicked in? For some reason I didn't feel it today and looking for short, red news later maybe moves it?
  • #60,518
  • Feb 2, 2022 4:46am Feb 2, 2022 4:46am
Quoting Fagin
{quote} Morning, I'm guessing the allergy to longs has kicked in? For some reason I didn't feel it today and looking for short, red news later maybe moves it?
You caught it off me..... lol
Nothing wrong today, the 00-00 4 hour bar high broke as did the 04-00 4 hr bar. Plenty of points.

edit.. chart just copied
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1 = 00-00 4 hour bar.
2 = 04-00 4 hour bar. up up and up
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,519
  • Feb 2, 2022 4:49am Feb 2, 2022 4:49am
Also, that 00-00 4 hour bar was also an inside bar.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #60,520
  • Feb 2, 2022 5:02am Feb 2, 2022 5:02am
Quoting billytt
{quote} You caught it off me..... lol Nothing wrong today, the 00-00 4 hour bar high broke as did the 04-00 4 hr bar. Plenty of points. edit.. chart just copied {image}1 = 00-00 4 hour bar. 2 = 04-00 4 hour bar. up up and up
Ha! I think I might have! Yep looks like something is getting priced in this week..
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