Billytt Die happy trading e/j daily breakout | Page 293 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #5,841
  • Dec 25, 2015 4:07pm Dec 25, 2015 4:07pm
Merry Christmas to one and all.
  • #5,842
  • Dec 30, 2015 2:40am Dec 30, 2015 2:40am
Hi all, I will add stats for g/u and g/u shortly and you will have a full year of stats. Even though the big boys are taking holidays/vacations the market still moves enough to trade ....It maybe easier if only looking for 10 points. It does make sense to take a break though.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,843
  • Dec 30, 2015 2:42am Dec 30, 2015 2:42am
Quoting billytt
Hi all, I will add stats for g/u and g/u shortly and you will have a full year of stats. Even though the big boys are taking holidays/vacations the market still moves enough to trade maybe easier if only looking for 10 points. It does make sense to take a break though.
yesterday was a good day for daily break in GBP, some retrace tho
  • #5,844
  • Dec 30, 2015 2:55am Dec 30, 2015 2:55am
Quoting DavidRP
{quote} yesterday was a good day for daily break in GBP, some retrace tho
Yes indeed and good morning from UK. I haven't had my trading Pc on but I just took a look . Daily break will always be good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,845
  • Dec 30, 2015 8:27am Dec 30, 2015 8:27am
Maybe I should of waited another 2 days for end of year stats but hey ho...
A/U DAILY BREAK trades from 1st Jan 2015 to and including 29th December ...
Trades 303...
Wins 266.
Loss 37.
that is 88% strike rate..
Several of the losses were trades off Sunday Range which I do not trade unless bigger range than 25...
These stats are not as easy to trade as it looks because some trades retrace before the gain is made.
I will add E/J later.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,846
  • Dec 31, 2015 4:48am Dec 31, 2015 4:48am
ALL THE BEST FOR 2016 ladies and gentlemen, Be good and trade well, trade the plan and lets get the bad guys,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,847
  • Dec 31, 2015 7:29am Dec 31, 2015 7:29am
Quoting billytt
ALL THE BEST FOR 2016 ladies and gentlemen, Be good and trade well, trade the plan and lets get the bad guys,
Thank you young William -prosperity in return for hard work to you all.
every Saint has a past. Every Sinner has a Future
  • #5,848
  • Jan 3, 2016 12:18pm Jan 3, 2016 12:18pm
Have a great trading New Year people and BEST WISHES TO YOU ALL.
Hopefully I will be around but I will be trading for my lady friend and a private client.
These trades will only be on A/U and modest amounts but they will be compounded for growth.
I will hopefully tell you what I am doing but I am not a tipping service .
The trades will be mainly off the midnight to 08-00 candle and 04-00 4 hour candle, As a friend informed me this is mainly Asian breakout method. lol. Take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,849
  • Jan 4, 2016 3:52am Jan 4, 2016 3:52am
I remember reading many years ago that trading the first Monday of a new month is bad,
I was speaking to a trader friend over Christmas and he said the way I correct a bad trade is not HEDGING, yeah right, What ever it is , it works lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,850
  • Jan 4, 2016 3:56am Jan 4, 2016 3:56am
Forget about Daily Break for the moment, As stated I will be trading off the 00-00 to 08-00 candle But mainly off the 04-00 4 hour candle AND the 08-00 4 hour candle.
Due to the big range on A/U 8 hour candle I have not touched it but the 08-00n to 12-00 uk time looks like I will trade it. First I will look for 5 then 20 after spread etc..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,851
  • Jan 4, 2016 4:12am Jan 4, 2016 4:12am
Quoting billytt
Forget about Daily Break for the moment, As stated I will be trading off the 00-00 to 08-00 candle But mainly off the 04-00 4 hour candle AND the 08-00 4 hour candle. Due to the big range on A/U 8 hour candle I have not touched it but the 08-00n to 12-00 uk time looks like I will trade it. First I will look for 5 then 20 after spread etc..
Funny start to the year I'm leaving it all alone until mid week let it find it's way. That say looks like there would have been easy pickings overnight.

What happened to e/j on new years eve went mad in last minute. BoJ having fun or someone press the wrong button with to many oo's on lol been done before.

Happy New Year to all and here we go again.
  • #5,852
  • Jan 4, 2016 4:20am Jan 4, 2016 4:20am
Quoting claudia1
{quote} Funny start to the year I'm leaving it all alone until mid week let it find it's way. That say looks like there would have been easy pickings overnight. What happened to e/j on new years eve went mad in last minute. BoJ having fun or someone press the wrong button with to many oo's on lol been done before. Happy New Year to all and here we go again.
Happy New Year to you Claudia my favouritest girl on the net..
My trading Pc has been turned off for ages apart from when I had a quick look a few days ago... I am just resetting stats etc but will probably be trading A/U off the 08-00 4 hour candle...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,853
  • Jan 4, 2016 6:23am Jan 4, 2016 6:23am
hi guys, happy new year.
Billy how come you would not trade daily break when you have proven it to be so effective and you know how to play it?

Did you manage to compile stats for e/j?
Thanks
  • #5,854
  • Jan 4, 2016 7:34am Jan 4, 2016 7:34am
Quoting jmillard26
hi guys, happy new year. Billy how come you would not trade daily break when you have proven it to be so effective and you know how to play it? Did you manage to compile stats for e/j? Thanks
Hello jmillard and all the best for 2016. I have not compiled the stats for E/J 2015 yet sorry, but without looking they should be in the 80% range . I will post them within 24 hours..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,855
  • Jan 4, 2016 7:39am Jan 4, 2016 7:39am
A/U 08-00 4 hour candle trade, I made a short and got 8 points. The daily rsi suggests it can drop a lot more maybe 100 but I was happy with 8. I was looking originally for 20 but as the 00 No was present and my first trade I did what I do best.
SAo first day I got points for my 2 clients yay AND some for me lol,, Be good all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,856
  • Edited 8:14am Jan 4, 2016 8:01am | Edited 8:14am
E/J Daily Breakout Stats for 2015 1st Jan to 31st Dec inc..
Trades 294...
Win 259...
Lose 35..
That is strike rate of 88%
Don't forget I include the Sunday range too....

edit,,, I wrote wrong stats down, will correct them
edit, I put too many trades down but the above is now correct
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,857
  • Jan 4, 2016 8:20am Jan 4, 2016 8:20am
Quoting billytt
E/J Daily Breakout Stats for 2015 1st Jan to 31st Dec inc.. Trades 294... Win 259... Lose 35.. That is strike rate of 88% Don't forget I include the Sunday range too.... edit,,, I wrote wrong stats down, will correct them edit, I put too many trades down but the above is now correct

I think that this strat could work just with a 100-150 pips stop and closing the open trades at the end of the day, because there are few losses
  • #5,858
  • Jan 4, 2016 9:00am Jan 4, 2016 9:00am
Quoting DavidRP
{quote} I think that this strat could work just with a 100-150 pips stop and closing the open trades at the end of the day, because there are few losses
Hello DavidRP and good wishes for 2016. That sounds good. I think you could also look at daily range and maybe resistance/support -00 levels too especially for the big moves.
My favourite though is to look at chart and see all the little tails knowing I will get 10 if trade goes against, Be good..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #5,859
  • Jan 4, 2016 9:02am Jan 4, 2016 9:02am
@Mr T a perfect day for a pivot trader on cable and dumbo here sat and watched !!!
Attached Image (click to enlarge)
Click to Enlarge Name: cablepivot.jpg Size: 36 KB
  • #5,860
  • Jan 4, 2016 9:16am Jan 4, 2016 9:16am
Hi Claudia and best wishes for 2016... Good chart, I have only looked at A/U today and did not really look at E/Y when I did the stats but I did see New Year Eve as you pointed out..
Speaking Mr T I know Brent went up as soon as trouble was announced with Saudi and Iran, I hope he got in. I have the sparks working in my house I bough,t then the plasterer is coming next week.
I cannot believe I let myself be talked into trading for someone but hey ho, Take Care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
4 traders viewing now