Billytt Die happy trading e/j daily breakout | Page 165 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #3,281
  • Aug 14, 2015 2:52pm Aug 14, 2015 2:52pm
Quoting claudia1
{quote} Interesting journey on which learning never ends. .


Thats what all good traders are saying ! ( ...And that learning can cost you in the beginning... )
  • #3,282
  • Aug 14, 2015 2:54pm Aug 14, 2015 2:54pm
Bad Bear Day
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every Saint has a past. Every Sinner has a Future
  • #3,283
  • Edited Aug 15, 2015 1:40pm Aug 14, 2015 4:47pm | Edited Aug 15, 2015 1:40pm
Quoting turnip15
Bad Bear Day {image}
You are not a Bear, you are Turnip, so keep your spirits high !

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  • #3,284
  • Aug 14, 2015 9:53pm Aug 14, 2015 9:53pm
Quoting claudia1
{quote} Yep you are so right mix of a few systems is good. Still fascinates me how all have changed (self included) in a relatively short time space. Go back to start of this thread (or mine) would Billy be on 15 min would I be on 4h or daily? Interesting journey on which learning never ends. Good weekend all.
lol I trade 15 min to correct a bad trade I always have. It seems to work if the daily goes bad. maybe there is a link? . Anyway it is good to have a mix but I still say there is a common bond between them all and there is a simple way to trade them. I would love to see some stats/probabilities and can they be traded with big lots. I did this to live not to play around with. Be good all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,285
  • Aug 15, 2015 3:51am Aug 15, 2015 3:51am
Saw this quote which made me smile:

"If you buy every correction in a bull market, you'll only be wrong once--the top. If you sell every rally in a bull market, you'll only be wrong once--the bottom."
(Source :http://www.forexfactory.com/showthre...=2331&page=670
Post:13384 RYANMCD )
every Saint has a past. Every Sinner has a Future
  • #3,286
  • Aug 15, 2015 4:29am Aug 15, 2015 4:29am
Used to love reading this bloke.
He mentions "Pins" but you will see some of his Pins are poorly formed , and some look like engulfing bars. You will see Inside and Engulfing bars on his charts that he does not refer to but he does use them as indicated by his trades on other charts. A word of warning, he appeared on the James16 site and the Jankone site for brief spells, but he does warn you (as did others on the James16 site) that small time frame trading is for the experienced trader who reacts with instinct borne of experience at the coal face. And he cautions about the propensity for many traders to fight the trend -you see no end of charts where people bemoan the fact that their "Pin" failed or their engulfing pattern failed, that's because many "traders" have to have "action" so jump on all price formations then wonder why the steam roller irons out the creases in their shirts. This is in addition to the fact that some trades simply fail -after all trading is a game of probabilities. He states he can spend hours, sometimes, waiting for a trade. Patience - a quality many say sets the winner apart from the loser. The general wisdom is that longer time frames gives one time to think and act before entering a trade. Longer time frames also give you the opportunity to plan ahead researching and marking up charts prior to, or even during, market trading times. Rabbit may have some empathy with ryanmcd because he uses Bolly Bands as part of his armoury.

http://www.forexfactory.com/attachme...3&d=1220535574
every Saint has a past. Every Sinner has a Future
  • #3,287
  • Aug 15, 2015 4:44am Aug 15, 2015 4:44am
Quoting RabbitWolf
{quote} You are not a Bear, you are Turnip, so keep your spirits high !
Hello Wabbit
I never knew that about turnips, so much goodness in one vegetable. I use them in stews.
The wife is due back today so all the hoovering is done. I've put all books and newspapers neatly away and fed the cat. The place is now neat and tidy ready for her return.

@Claudia 1
Billy came around to help me tidy up. But he found the beer, which meant the tidying up took longer than one expected
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every Saint has a past. Every Sinner has a Future
  • #3,288
  • Aug 15, 2015 5:27am Aug 15, 2015 5:27am
Quoting turnip15
{quote} Hello Wabbit I never knew that about turnips, so much goodness in one vegetable. I use them in stews. The wife is due back today so all the hoovering is done. I've put all books and newspapers neatly away and fed the cat. The place is now neat and tidy ready for her return. @Claudia 1 Billy came around to help me tidy up. But he found the beer, which meant the tidying up took longer than one expected {image}

yes indeed, I am good with a feather duster, Speaking alcohol. I have not had a drink since 28th February hic 5.5 months
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,289
  • Edited 6:56am Aug 15, 2015 5:38am | Edited 6:56am
[quote=turnip15;8437491]Used to love reading this bloke. He mentions "Pins" but you will see some of his Pins are poorly formed , and some look like engulfing bars. You will see Inside and Engulfing bars on his charts that he does not refer to but he


Hi Turnip.. If you get in on a good trend you will make gains, It doesn't matter which scalping method you use you will not lose.
You just need good movement in a certain time frame , ie you scalp from 08-00 to 10-00 it drops a lot so you scalp by shorting or vice versa.
I have scalped in the past mainly for fun but never felt in control and could only use small lots.
Keep checking charts look back over years get stats and you will see small time frame pins,ibs.obs fail. It reminds of the guys who play slot machines, They have the odd win which they remember but forget about the hundreds of losses..
I will trade off the daily looking for 5 almost guaranteed pips , I could live off this. Maybe it isn't trading but it works. same as Claudias wine bar .daily pivot, hour break trade it, Simple. Be good bud.

edit,,, In other words you are catching a quick moving trend
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,290
  • Edited 6:41am Aug 15, 2015 5:47am | Edited 6:41am
Quoting RabbitWolf
{quote} You are not a Bear, you are Turnip, so keep your spirits high ! {image} http://www.etonline.com/news/152550_...down_for_what/
and can be used as a weapon lol ouch,
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Just printed for Turnip
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,291
  • Aug 15, 2015 5:49am Aug 15, 2015 5:49am
Quoting turnip15
Saw this quote which made me smile: "If you buy every correction in a bull market, you'll only be wrong once--the top. If you sell every rally in a bull market, you'll only be wrong once--the bottom." (Source :http://www.forexfactory.com/showthre...=2331&page=670 Post:13384 RYANMCD )
wonderful saying maybe even a proverb, but totally unworkable.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,292
  • Aug 15, 2015 6:42am Aug 15, 2015 6:42am
Quoting billytt
{quote} and can be used as a weapon lol ouch, {image} Just printed for Turnip
Discount for quantity
every Saint has a past. Every Sinner has a Future
  • #3,293
  • Aug 15, 2015 6:44am Aug 15, 2015 6:44am
Quoting billytt
{quote} wonderful saying maybe even a proverb, but totally unworkable.
Probably one of those "smart" saying used by people to impress possible purchasers of various holy grails
every Saint has a past. Every Sinner has a Future
  • #3,294
  • Aug 15, 2015 6:56am Aug 15, 2015 6:56am
Quoting billytt
Quoting turnip15
Used to love reading this bloke. He mentions "Pins" but you will see some of his Pins are poorly formed , and some look like engulfing bars. You will see Inside and Engulfing bars on his charts that he does not refer to but he Hi Turnip.. If you get in on a good trend you will make gains, It doesn't matter which scalping method you use you will not lose. You just need good movement in a certain time frame , ie you scalp from 08-00 to 10-00 it drops a lot so you scalp by shorting or vice versa. I have scalped in the past mainly
...
@Billytt

Now the house is hoovered and cleaned, awaiting the return of my boss later, I looked at hourly bar breaks - 7am to 8am - and they seem worthy of checking historical charts for possible profitable trading. Maybe something to do with German opening hours overlapping the start of UK trading hours.
Re- your above comment on Pins etc, there is a time and place to trade them. To trade every one you see guarantees disaster, and that is proven fact.
Apart from my oil trades -the longer time frame for trading, combined with a simple approach, as practised by some here, beats the pants off the wonderful esotoric, flashing light -abstract art pattern trading touted by many other threads on FF.
Bear cheek some of them
every Saint has a past. Every Sinner has a Future
  • #3,295
  • Aug 15, 2015 7:00am Aug 15, 2015 7:00am
Quoting billytt
{quote} yes indeed, I am good with a feather duster, Speaking alcohol. I have not had a drink since 28th February hic 5.5 months
Me too. I find I have lost weight by laying off the beer, albeit I still have wine with a meal now and again when the wife takes me out
every Saint has a past. Every Sinner has a Future
  • #3,296
  • Aug 15, 2015 7:04am Aug 15, 2015 7:04am
Quoting turnip15
{quote} Probably one of those "smart" saying used by people to impress possible purchasers of various holy grails
it is the basis of the grid/pyramid method.. Don't get me wrong you can add to a position even if it is going against and normally it will come good , maybe our lady friend can comment on it. I do something similar with bad trades but counter trade too

edit... If I trade daily break and it triggers then re -traces against I will add another lot sometimes and this way gain even more points when it goes good. BUT this is not every bad trade normally I will trade counter trade then go from there. and yes it is nail biting stuff
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,297
  • Aug 15, 2015 7:13am Aug 15, 2015 7:13am
Alien meets bear
Attached Image
every Saint has a past. Every Sinner has a Future
  • #3,298
  • Aug 15, 2015 7:16am Aug 15, 2015 7:16am
Quoting turnip15
{quote} Me too. I find I have lost weight by laying off the beer, albeit I still have wine with a meal now and again when the wife takes me out
Yes indeed definitely lose weight, in the old days if I wanted to lose weight before a fight I would keep off the carbs and load up on protein. This is ok for a few days and then keep to the balanced diet of fresh veg/fruit protein , carbs and beer and more beer lol (joking)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,299
  • Aug 15, 2015 7:18am Aug 15, 2015 7:18am
Quoting turnip15
Alien meets bear {image}
bend over boy, Get ready for Miss Whiplash,, actually Claudia is busy so i'll do it my self
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,300
  • Aug 15, 2015 7:21am Aug 15, 2015 7:21am
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for using the B word
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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