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Billytt Die happy trading e/j daily breakout

  • #2,941
  • Jul 28, 2015 9:02am Jul 28, 2015 9:02am
Quoting billytt
I just posted a new trading method on the other thread whose owner has made approx. 5 billion pips, AND guaranteed to win mmmm
Wow !
Attached Image
every Saint has a past. Every Sinner has a Future
  • #2,942
  • Jul 28, 2015 9:04am Jul 28, 2015 9:04am
[quote=turnip15;8405003]
Quoting billytt
{quote} @Billytt whereabouts Billy. I am always willing to learn more ?
Attached Image (click to enlarge)
Click to Enlarge Name: example 10.PNG Size: 421 KB

Turnip, on 15 min chart you will get busted a lot, I will trade a bad trade good using 15 min chart, but it doesn't happen every day and when it does it is for 1 trade.
I high lighted some ibs , you have to be prepared to close down trade and then trade the opposite end, I could never trade like this for more than 1 trade per day
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,943
  • Jul 28, 2015 9:10am Jul 28, 2015 9:10am
Quoting RabbitWolf
{quote} Good post Sir on other place .
Seriously, the chicken method cannot fail . The Greek prime minister tried it but he just didn't have enough euros to double up, his next trade would of been successful though. If only he would of got the 3 billion bail out money uin time, oh well...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,944
  • Jul 28, 2015 9:20am Jul 28, 2015 9:20am
Check cable on the 15 wait until close 15.30 then fun into London close.
  • #2,945
  • Jul 28, 2015 10:08am Jul 28, 2015 10:08am
Quoting claudia1
Check cable on the 15 wait until close 15.30 then fun into London close.
5.600 was also Monthly Pivot ... all come in one place. Bears throwing some bones will see who wins bears or chickens.
  • #2,946
  • Jul 28, 2015 10:58am Jul 28, 2015 10:58am
Quoting RabbitWolf
{quote} 5.600 was also Monthly Pivot ... all come in one place. Bears throwing some bones will see who wins bears or chickens.
Was fun on the 1 min but looks like the bears had their dinner and gone for a sleep.
  • #2,947
  • Jul 28, 2015 11:13am Jul 28, 2015 11:13am
Quoting claudia1
Check cable on the 15 wait until close 15.30 then fun into London close.
Could you show what you mean on a chart please Claudia?
every Saint has a past. Every Sinner has a Future
  • #2,948
  • Jul 28, 2015 11:19am Jul 28, 2015 11:19am
Quoting turnip15
{quote} Could you show what you mean on a chart please Claudia?
I will if you really want but you see what I see. Look for direction around 15.30 going into 15.45 watch the minute bar and grab a quick 10 or so in to the close/fix.
  • #2,949
  • Jul 28, 2015 12:08pm Jul 28, 2015 12:08pm
Quoting claudia1
{quote} I will if you really want but you see what I see. Look for direction around 15.30 going into 15.45 watch the minute bar and grab a quick 10 or so in to the close/fix.
@Claudia1
Have I drawn chart correctly?

Engulfing bar entry would get almost ten if closed at second arrow on pin type bar ?
How would you have entered and exited if different to my entry and exit?
Attached Image (click to enlarge)
Click to Enlarge Name: Claudiaoneminute.jpg Size: 312 KB
every Saint has a past. Every Sinner has a Future
  • #2,950
  • Jul 28, 2015 12:20pm Jul 28, 2015 12:20pm
What is an ORB (open range bar)?
I am familiar with IB, OB, EB, Doji, DBHLC but not ORB.
  • #2,951
  • Edited 2:20pm Jul 28, 2015 12:21pm | Edited 2:20pm
Quoting turnip15
{quote} Could you show what you mean on a chart please Claudia?
From Rabbit research lab...

Not sure if it was same timing - my platform is on different time. Pinbar going from round number... fast move down and then bear scalper stops killed.
15 min
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmicroM15.png Size: 45 KB


!!!! move lasted about 30 min - 30 min candle

1 min

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmicroM1.png Size: 48 KB


Edit : note for Billy 1 min look at left side , it has not perfect 3 drive...
-----------------------------------------------------------------------------------------------
.... Later 78 FIB. Weekly R1 ...



Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmicroM30 fibs.png Size: 75 KB
  • #2,952
  • Jul 28, 2015 12:31pm Jul 28, 2015 12:31pm
Quoting turnip15
{quote} @Claudia1 Have I drawn chart correctly? Engulfing bar entry would get almost ten if closed at second arrow on pin type bar ? How would you have entered and exited if different to my entry and exit? {image}
rabbit research lab answered very well as always. Engulfing bars don't mean much to me certainly if hitting the 1 min tf.
  • #2,953
  • Jul 28, 2015 1:00pm Jul 28, 2015 1:00pm
Quoting claudia1
{quote} rabbit research lab answered very well as always. Engulfing bars don't mean much to me certainly if hitting the 1 min tf.
@Claudia11
The big round number mentioned by Rabbit (which I failed to notice) was that key to your entry Claudia ?
every Saint has a past. Every Sinner has a Future
  • #2,954
  • Jul 28, 2015 2:22pm Jul 28, 2015 2:22pm
Quoting turnip15
{quote} @Claudia11 The big round number mentioned by Rabbit (which I failed to notice) was that key to your entry Claudia ?
No. If i'm playing that time of day just going with the market add to losers wait for the pull back. Might not make sense but it is very volatile on that pair coming into 16.00 and a few minutes after as the big guys settle between themselves.
  • #2,955
  • Edited 8:59pm Jul 28, 2015 2:48pm | Edited 8:59pm
This is good video, who did not see it. Three drive in it too. Jason did good job recording it

Inserted Video



Good music
  • #2,956
  • Jul 28, 2015 6:25pm Jul 28, 2015 6:25pm
Quoting tomthepoppop
What is an ORB (open range bar)? I am familiar with IB, OB, EB, Doji, DBHLC but not ORB.
Hello tomthepoppop, ORB is OPEN RANGE BREAKOUT,,, First used with the stock traders many years ago.
Various time frames to choose from but we use the 15 minute chart....
At 08-00 uk time when uk markets open we have the 15 minute candle, after that once the high or low is broken we trade it.
30 mins and one hour candle can be used, and different triggers can be used..
Attached Image (click to enlarge)
Click to Enlarge Name: ORB example.PNG Size: 42 KB


Monday cable chart, 08-00 candle, it was triggered long, it triggered then retraced a bit then up it went.
Tuesday candle was triggered both ends long/short but I showed the simple one.
This is a good method but not 100% certain, normal trading approach needs to be used,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,957
  • Jul 28, 2015 6:29pm Jul 28, 2015 6:29pm
E/J broke the ibs for approx. 70, I did not trade it .
I will be trading cable daily breakout, maybe have 2 trades one for 5 and let the other run...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,958
  • Jul 28, 2015 6:54pm Jul 28, 2015 6:54pm
Not that it matters but I would feel better if cable dropped ..
I am speaking with my friend again lol, we fell out over the Greek leader as I want to floor him.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,959
  • Jul 28, 2015 7:40pm Jul 28, 2015 7:40pm
Quoting billytt
{quote} Hello tomthepoppop, ORB is OPEN RANGE BREAKOUT,,, First used with the stock traders many years ago. Various time frames to choose from but we use the 15 minute chart.... At 08-00 uk time when uk markets open we have the 15 minute candle, after that once the high or low is broken we trade it. 30 mins and one hour candle can be used, and different triggers can be used.. {image} Monday cable chart, 08-00 candle, it was triggered long, it triggered then retraced a bit then up it went. Tuesday candle was triggered both ends long/short but I showed...
Thanks Billy - It makes so much sense when you explain it. Another tool for the arsenal.
  • #2,960
  • Jul 28, 2015 7:49pm Jul 28, 2015 7:49pm
more back dated stats for Cable Daily Break...
1st May 2015 to 26th July.
Trades = 73...
Win = 63..
Loss = 10
Strike Rate 86%.

All wins 10 or more pips don't forget minus spread..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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