Billytt Die happy trading e/j daily breakout | Page 289 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #5,761
  • Nov 18, 2015 7:57am Nov 18, 2015 7:57am
Quiet today ?
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every Saint has a past. Every Sinner has a Future
  • #5,762
  • Nov 18, 2015 9:47am Nov 18, 2015 9:47am
Quoting turnip15
Quiet today ? {image}
Inserted Video
  • #5,763
  • Nov 18, 2015 10:01am Nov 18, 2015 10:01am
Quoting claudia1
{quote} https://www.youtube.com/watch?v=n03g8nsaBro
I saw them live in Cornwall when I was the youthful owner of winkle picker shoes and a "Beatles" jacket
every Saint has a past. Every Sinner has a Future
  • #5,764
  • Nov 19, 2015 7:57am Nov 19, 2015 7:57am
Brent today was slow to start but okay overall. Noticed Retail sales numbers etc out today and Jobless Claims later in the USA- so maybe should have taken the day off.
Billy Bar a loser today.
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every Saint has a past. Every Sinner has a Future
  • #5,765
  • Nov 19, 2015 8:10am Nov 19, 2015 8:10am
And the losing "Billy Bar" break
(Ignore the "double bar High" marking -this is nothing to do with the "Billy Bar" style of trading.)
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every Saint has a past. Every Sinner has a Future
  • #5,766
  • Nov 19, 2015 8:49am Nov 19, 2015 8:49am
@Billytt @Claudia1

Couple of charts chosen from my daily research prints.


Two four hour Charts - if you only took 10 pips per trade it could worthwhile for a patient person ? ( Thanks for the idea Billy and Claudia)

Talking of pips - Mrs T is inquiring about withdrawing some trading funds to underwrite our Christmas ! This from a lady who was very nervous a few years ago when I stated I was to become an old git with a trading account.
Pause for thought - did you know that only twenty pips a day would pay for the lease on a Ford Mondeo and still leave an equal amount in the saving account ?
What I'm trying to say is - beware of bears who promise hundreds of pips a day etc.
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every Saint has a past. Every Sinner has a Future
  • #5,767
  • Nov 19, 2015 10:33am Nov 19, 2015 10:33am
Naughty Barclays and "last look."

Fined another few million.

http://www.theguardian.com/business/...york-regulator
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every Saint has a past. Every Sinner has a Future
  • #5,768
  • Nov 20, 2015 4:03am Nov 20, 2015 4:03am
Billy Bar
Quick profit today on the breakout..... and break of yesterdays low and...with trend
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every Saint has a past. Every Sinner has a Future
  • #5,769
  • Nov 20, 2015 4:21am Nov 20, 2015 4:21am
Brent -one loser and one break of Inside bar with trend stop around 4470 -seems a pin biased short forming ??
EDIT -stopped out by that pin
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every Saint has a past. Every Sinner has a Future
  • #5,770
  • Nov 23, 2015 7:17pm Nov 23, 2015 7:17pm
When trading the IB and the ORB 15 minute timeframe - If the number of pips is below 25 should you ignore the trade or should you go to a higher timeframe such as the 1 hour where usually you will have the 25 pip range and enter the trade there. Just looking for opinions and if there are any stats to back up one or the other recommendation. Thanks in advance.​
  • #5,771
  • Nov 24, 2015 1:19am Nov 24, 2015 1:19am
Quoting tomthepoppop
When trading the IB and the ORB 15 minute timeframe - If the number of pips is below 25 should you ignore the trade or should you go to a higher timeframe such as the 1 hour where usually you will have the 25 pip range and enter the trade there. Just looking for opinions and if there are any stats to back up one or the other recommendation. Thanks in advance.​
Hi tom, I believe Mr B trades the break of the Daily Inside Bar and he refers to this as an aggressive trade, I am reasonably sure that he has referred in the past to trading the 4 hour inside bar at times but he did not recommend doing so because he did not have stats to back it up and he felt that if anyone was going to trade 4 hour inside bars then they should do stats to get a feel of that particular cross ie GBPUSD etc. He also has said that lower time frame inside bars are numerous and in his view not as strong as the Daily, I think the 25pip min range is for the Asian session break.Hope this helps Green pips to you.
  • #5,772
  • Nov 24, 2015 7:50am Nov 24, 2015 7:50am
Quoting Piprader
{quote} Hi tom, I believe Mr B trades the break of the Daily Inside Bar and he refers to this as an aggressive trade, I am reasonably sure that he has referred in the past to trading the 4 hour inside bar at times but he did not recommend doing so because he did not have stats to back it up and he felt that if anyone was going to trade 4 hour inside bars then they should do stats to get a feel of that particular cross ie GBPUSD etc. He also has said that lower time frame inside bars are numerous and in his view not as strong as the Daily, I think...
Hi Piprader and thanks for reply. Your reply is most helpful. Also when I look at the Daily IB it is almost a certainty that the Sunday bar will be an IB and a trade with the trend using that IB would be very successful but I don't have stats to back up. Anyone else try it? Just trying to get all my ducks in a row. Really enjoy this thread Billy, Pip, Turnip, Claudia, Rabbit et al - Happy Thanksgiving to you all.
  • #5,773
  • Nov 24, 2015 2:13pm Nov 24, 2015 2:13pm
Quoting tomthepoppop
{quote} Hi Piprader and thanks for reply. Your reply is most helpful. Also when I look at the Daily IB it is almost a certainty that the Sunday bar will be an IB and a trade with the trend using that IB would be very successful but I don't have stats to back up. Anyone else try it? Just trying to get all my ducks in a row. Really enjoy this thread Billy, Pip, Turnip, Claudia, Rabbit et al - Happy Thanksgiving to you all.
Your welcome tom, Happy thanks giving to you.
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  • #5,774
  • Nov 24, 2015 6:23pm Nov 24, 2015 6:23pm
Hi all, I am here and I have not been lurking lol. I have been trading heavily so stayed focused also went to North London persuading someone to behave. I will be back here soon when I am playing trading. Hope you are all ok and that Bear reference made me laugh.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,775
  • Nov 24, 2015 6:28pm Nov 24, 2015 6:28pm
Quoting tomthepoppop
{quote} Hi Piprader and thanks for reply. Your reply is most helpful. Also when I look at the Daily IB it is almost a certainty that the Sunday bar will be an IB and a trade with the trend using that IB would be very successful but I don't have stats to back up. Anyone else try it? Just trying to get all my ducks in a row. Really enjoy this thread Billy, Pip, Turnip, Claudia, Rabbit et al - Happy Thanksgiving to you all.
Hello Tomthepoppop, I must answer this,,, daily inside bars are awesome.... either for trend continuation or trend reversal.. It is good you have noticed what you have. The Sunday bar normally stays inside due to not much money being thrown around. The 4 hour bars are also quite good as was pointed out by someone in this room. Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,776
  • Nov 25, 2015 6:35am Nov 25, 2015 6:35am
Here is a "Billy Bar" that worked out well -aided by my favourite TA bits

"A" is the "Billy Bar" Break
Helped along by the PIN bounce "B" off YESTERDAYS CLOSE.

First trade this week due to USA holiday etc.
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every Saint has a past. Every Sinner has a Future
  • #5,777
  • Nov 25, 2015 6:50am Nov 25, 2015 6:50am
Brent
Not bad first day back. -couple of losers -good for the soul :-)
No trading this afternoon -more reports due
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every Saint has a past. Every Sinner has a Future
  • #5,778
  • Nov 25, 2015 6:56am Nov 25, 2015 6:56am
Forgot -take a look at yesterdays high - Fine if you were out of bed at 6.10 am UK time :-)
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every Saint has a past. Every Sinner has a Future
  • #5,780
  • Nov 25, 2015 3:45pm Nov 25, 2015 3:45pm
I am away until next Tuesday. (with Mrs T.)
Claudia is in charge
Enjoy your trading folks and keep an eye on the economic calendar
every Saint has a past. Every Sinner has a Future
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