Billytt Die happy trading e/j daily breakout | Page 174 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #3,461
  • Aug 20, 2015 3:13am Aug 20, 2015 3:13am
Quoting claudia1
Finally got round to testing e/j breakout (thanks to bonkers mainly using his settings sort of) and a good start. This is on demo to make sure the thing trades as it should. Only problem is it's with Fxpro which has a 2 hour difference to me. Doesn't matter - if it works in principle I stick it on IG next week. {image}
Looks good Claudia, I wonder if he uses filters.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,462
  • Aug 20, 2015 3:23am Aug 20, 2015 3:23am
Quoting billytt
{quote} Looks good Claudia, I wonder if he uses filters.
No he doesn't straight out the box - entry had me confused but of course pc was off at night so it entered as soon as switched on
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  • #3,463
  • Aug 20, 2015 3:30am Aug 20, 2015 3:30am
Quoting claudia1
{quote} No he doesn't straight out the box - entry had me confused but of course pc was off at night so it entered as soon as switched on {image}
would he use several re entries, I was only asking due to small stop loss, it looks good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,464
  • Aug 20, 2015 3:38am Aug 20, 2015 3:38am
Quoting billytt
{quote} would he use several re entries, I was only asking due to small stop loss, it looks good.
Ah I don't think he uses stops this is where we differ. Give it a go on demo.
  • #3,465
  • Aug 20, 2015 3:49am Aug 20, 2015 3:49am
Quoting claudia1
{quote} Ah I don't think he uses stops this is where we differ. Give it a go on demo.
Like I say, I start off with 20 stop for my stats then adjust (more or less no stop lol) then counter. To some it may look bad but if the previous daily range is small it is no problem. Or look for levels, like cable today, the high broke then failed but the level was a good short, I can post a chart
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,466
  • Aug 20, 2015 4:11am Aug 20, 2015 4:11am
Celtic did well last game, lots of goals for the bet.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,467
  • Edited 4:47pm Aug 20, 2015 5:24am | Edited 4:47pm
Quoting claudia1
{quote} Ah I don't think he uses stops this is where we differ. Give it a go on demo.
Not using stops on this will drain that account very fast.. Need test with fixed stops. I wonder if this EA can be run in tester ? Will try.




Will see what happens here ==== 400 on 4 hour - ...fine tuning with fibs and pivots

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  • #3,468
  • Aug 20, 2015 7:15am Aug 20, 2015 7:15am
[quote=RabbitWolf;8446115]{quote} Not using stops on this will drain that account very fast..

the daily break needs to be kept simple
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,469
  • Edited 9:31am Aug 20, 2015 8:30am | Edited 9:31am
[quote=billytt;8446371]
Quoting RabbitWolf
{quote} Not using stops on this will drain that account very fast.. the daily break needs to be kept simple

Looks like it can be run in tester so can be backtested with different stop loss values. But with fixed spread of course.
Claudia probably already did that and know all. Will hold longer will see what it does.

Good luck with that
  • #3,470
  • Aug 20, 2015 9:13am Aug 20, 2015 9:13am
Quoting billytt
{quote} Like I say, I start off with 20 stop for my stats then adjust (more or less no stop lol) then counter. To some it may look bad but if the previous daily range is small it is no problem. Or look for levels, like cable today, the high broke then failed but the level was a good short, I can post a chart
@Billytt

Please do Billy -would be much appreciated and would take pride of place in my folder for further study.
every Saint has a past. Every Sinner has a Future
  • #3,471
  • Aug 20, 2015 11:12am Aug 20, 2015 11:12am
[quote=RabbitWolf;8446615]
Quoting billytt
{quote} Looks like it can be run in tester so can be backtested with different stop loss values. But with fixed spread of course. Claudia probably already did that and know all. Will hold longer will see what it does. Good luck with that
No backtesting. Have changed settings and running it on demo for a while until confident with it. Might be never. Put trade explorer thing on see where we go.
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  • #3,472
  • Edited 2:50pm Aug 20, 2015 2:38pm | Edited 2:50pm
[quote=RabbitWolf;8447072]
Quoting claudia1
{quote} 20 pip stop good idea. Tested June - July20 in tester 20 pip stop, 2 pip spread, all settings like, you posted before... on American broker candles.... Came out positive Low spread broker would be good idea, all happens faster. Edit. tester does not show nothing about break even, maybe it can not capture that... not sure
Ok thanks. I have no idea how tester works but a guess would say Sunday and spreads make it unreliable.
  • #3,473
  • Aug 20, 2015 4:05pm Aug 20, 2015 4:05pm
Quoting turnip15
{quote} @Billytt Please do Billy -would be much appreciated and would take pride of place in my folder for further study.
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high broke then retraced, it dropped about 20 to A, this is where I would of done counter trade if not B.. forget that ma on chart (100) on by accident. Forget about round numbers , it went down so I shorted (OR WOULD OF )
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,474
  • Aug 20, 2015 4:08pm Aug 20, 2015 4:08pm
New day to trade and I have my Pc running.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,475
  • Aug 20, 2015 4:10pm Aug 20, 2015 4:10pm
Cable, same as yesterday if the high breaks I will long it for 5 if that fails I will short it at A on the chart, that is about 30 away, Next level down is at A, things can change though.
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,476
  • Aug 20, 2015 4:19pm Aug 20, 2015 4:19pm
[quote=RabbitWolf;8447307]
Quoting claudia1
{quote} Yep i need to change spread to 3 Pips and eliminate Sunday, then it will be more accurate. Also test on European time broker. Will play on weekend. I have seen spreads change and even go negative, if needed (will not mention ECN Broker.........) --------------------- Billy did you ever try this on E/U ? How big is your spread usually on candle breaks ? (If its not secret ) ? Rabbits research lab is very technical ...
E/J is better than E/U and I think g/j is the best. I have tried e/u but E/J is my baby and I only needed to trade E/J. I do not have a secret but I did sell my last method for a large sum and I am obliged not to speak about it as I have legal documents signed.
AND it wasn't my idea but you know what these big money boys are like
spread e/u is 1 or was, e/J 2 and g/j 2 all my stats are based on a spread of 5
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,477
  • Aug 20, 2015 4:26pm Aug 20, 2015 4:26pm
[quote=RabbitWolf;8447307]
Quoting claudia1
{quote} Yep i need to change spread to 3 Pips and eliminate Sunday, then it will be more accurate. Also test on European time broker. Will play on weekend. I have seen spreads change and even go negative, if needed (will not mention ECN Broker.........) --------------------- Billy did you ever try this on E/U ? How big is your spread usually on candle breaks ? (If its not secret ) ? Rabbits research lab is very technical ...
Rabbits research lab doing a good job. We could have done this a year ago
  • #3,478
  • Aug 20, 2015 4:27pm Aug 20, 2015 4:27pm
Quoting billytt
[
Oh sorry Billy, i was thinking you sold something else, we should not discuss it here


------------
Should not discuss other stuff too, you may sell it
-----------
  • #3,479
  • Aug 20, 2015 4:39pm Aug 20, 2015 4:39pm
Quoting RabbitWolf
{quote} Oh sorry Billy, i was thinking you sold something else, we should not discuss it here ------------ Should not discuss other stuff too, you may sell it -----------
nah you guys are ok, and the best one going Claudias Wine Bar will never be mentioned by me to anyone.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,480
  • Aug 20, 2015 4:46pm Aug 20, 2015 4:46pm
Quoting billytt
{quote} nah you guys are ok, and the best one going Claudias Wine Bar will never be mentioned by me to anyone.
You misunderstood her she's just having fun.
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