Billytt Die happy trading e/j daily breakout | Page 320 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #6,381
  • Jan 22, 2016 11:44pm Jan 22, 2016 11:44pm
Quoting billytt
who can make sense with this chart, It is about 8 years old. {image}
WOW , BUT YOU KNOW SOMETHING, I got involved with this kind of info overload and it all but finished me off as a trader, and the truth is it isn't that easy to break away from because some how it takes away the confidence to make a trade Using your EYES AND BRAIN, if you stand back and look = how the hell can you make a decision when there are multi x multi x multi lines and indicators all trying to tell you No go this way or hang on that way ,,,, the market is sneaky enough on it's own.L.O.L. Better I think to view it as an Artist Impression of the Universe painted after a couple of sherbert's.
Clear chart = Clear Head in my humble Take a look at Mr B / Claudia's Charts Less is more me thinks, be good be happy .
  • #6,382
  • Jan 23, 2016 12:14am Jan 23, 2016 12:14am
Quoting billytt
A/U,,,, I just closed my A/U trade for 5. It hasn't actually made the 10 yet so it could actually fail lol. So 11 from 11 and almost 5% return for my 2 minnions. (plus my commission yay. Have a good week end. edit, A/U just made the 10 approx. 18-15 UK time... Nice steady week. Lets do it again next week.
Looking forward to it.
  • #6,383
  • Jan 23, 2016 2:06am Jan 23, 2016 2:06am
Quoting billytt
who can make sense with this chart, It is about 8 years old. {image}
Your old friend Mr B could do better than that. Rabbit would call that a mumbo jumbo chart
  • #6,384
  • Jan 23, 2016 2:07am Jan 23, 2016 2:07am
Quoting Piprader
{quote} WOW , BUT YOU KNOW SOMETHING, I got involved with this kind of info overload and it all but finished me off as a trader, and the truth is it isn't that easy to break away from because some how it takes away the confidence to make a trade Using your EYES AND BRAIN, if you stand back and look = how the hell can you make a decision when there are multi x multi x multi lines and indicators all trying to tell you No go this way or hang on that way ,,,, the market is sneaky enough on it's own.L.O.L. Better I think to view it as an Artist...
Don't forget Mr T he posts some good charts. Agreed less is more.
  • #6,385
  • Jan 23, 2016 2:08am Jan 23, 2016 2:08am
Hi, I'm a bit of a lurker on here, in fact I don't tend to post that much anywhere on FF. But totally appreciate the ideas in this thread. I've picked up a few things which I find interesting and useful, so thanks for that!!..

One question though.. Why is it a commercial thread? I don't see you's trying to sell anything..
  • #6,386
  • Jan 23, 2016 3:38am Jan 23, 2016 3:38am
Quoting claudia1
{quote} Don't forget Mr T he posts some good charts. Agreed less is more.
Yes he does
  • #6,387
  • Jan 23, 2016 4:20am Jan 23, 2016 4:20am
Quoting leeshindig
Hi, I'm a bit of a lurker on here, in fact I don't tend to post that much anywhere on FF. But totally appreciate the ideas in this thread. I've picked up a few things which I find interesting and useful, so thanks for that!!.. One question though.. Why is it a commercial thread? I don't see you's trying to sell anything..
I have sold at least 3 trading methods using my methods. I am subject to copyright so cannot actually speak about the exact methods. I sometimes help my friend out who offers a tipping service and trades for people.
I don't actually need money anymore but now I live to help but if you want send me £30K I will share my posts before I post them. Trade well bud and lurk as much as you want as long as you learn things. Have a good method and stick to the plan
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,388
  • Jan 23, 2016 4:20am Jan 23, 2016 4:20am
Quoting Piprader
{quote} Yes he does
I second that too, Mr T posts good charts.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,389
  • Jan 23, 2016 4:24am Jan 23, 2016 4:24am
Which reminds me I was contacted about my correcting bad trades from an outside firm . They know nothing about me from FF so it makes me wonder. They reckon I use an advanced form of Grid Trading (news to me) and they want to know. Yeah right.
I googled grid trading and can see what they mean but wrong. Take care all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,390
  • Jan 23, 2016 5:15am Jan 23, 2016 5:15am
Ok thanks Billy. I must have missed the sales bit, I did read most the thread a while ago.. but skipped a bit here and there haha..

Thanks again for the thread..
  • #6,391
  • Jan 23, 2016 5:40am Jan 23, 2016 5:40am
STATS,Daily Break from 3rd Jan to 22nd Jan 2016 inclusive.
E/J Trades = 18..
Win 18... Loss Nil... 14 trades had 20+ pips......
..................................................................................
G/U Trades = 22..
Win 18... Loss 4.. 14 trades had 20 or more pips...
.......................................................................................
A/U Trades = 17..
Win 16... Loss 1... 14 trades had 20+ pips

I cannot put Stats for 4 hour candle break
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,392
  • Jan 23, 2016 5:44am Jan 23, 2016 5:44am
Quoting billytt
STATS,Daily Break from 3rd Jan to 22nd Jan 2016 inclusive. E/J Trades = 18.. Win 18... Loss Nil... 14 trades had 20+ pips
Difficult to beat! @ Pip how you getting on with ea?
  • #6,393
  • Jan 23, 2016 5:54am Jan 23, 2016 5:54am
Just for fun... When markets open up on Sunday. I assume we will have gaps . So lets see if they then close to the Fri close.. Lets look at E/J & G/U and A/U.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,394
  • Jan 23, 2016 5:55am Jan 23, 2016 5:55am
Quoting claudia1
{quote} Difficult to beat! @ Pip how you getting on with ea?
Obviously I am not putting in the stats for retrace before target met, but they are good... In a few weeks I will put the Strike rate percentage.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,395
  • Jan 23, 2016 6:01am Jan 23, 2016 6:01am
Quoting claudia1
{quote} Difficult to beat! @ Pip how you getting on with ea?
I think Mr Tom/David asked about letting trades run for the extra pips so I now add these to stats. The trouble though, to look for extra pips you need a lot more stats and it gets complicated. You start to meet pivots/ 00 which I personally do not need. Easy 5 hit it hard...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,396
  • Jan 23, 2016 6:19am Jan 23, 2016 6:19am
Quoting billytt
STATS,Daily Break from 3rd Jan to 22nd Jan 2016 inclusive. E/J Trades = 18.. Win 18... Loss Nil... 14 trades had 20+ pips...... .................................................................................. G/U Trades = 22.. Win 18... Loss 4.. 14 trades had 20 or more pips... ....................................................................................... A/U Trades = 17.. Win 16... Loss 1... 14 trades had 20+ pips I cannot put Stats for 4 hour candle break
Thanks for the stats Billy. Your work is appreciated. Regarding requests for more involved stats from Tom et al -may I suggest you stick to your simplified approach for 5pips. If persons want more involved stats. then surely they can do the research themselves. More pips to your elbow.
As an aside-I have been trading one minute charts on Friday -learnt a lot about my psychology and discipline

Edit - I find your approach to Dailies is far less stressful because I can look around immediate price action and see the whole picture
Similar for 4 hour charts -I can mark up beforehand, what action to take in certain scenarios before market opens or 4 hour bar closes -even then I can drop to five minute charts to manage breaks.
Have a good weekend chapchapesses
every Saint has a past. Every Sinner has a Future
  • #6,397
  • Jan 23, 2016 6:26am Jan 23, 2016 6:26am
Quoting turnip15
{quote} Thanks for the stats Billy. Your work is appreciated. Regarding requests for more involved stats from Tom et al -may I suggest you stick to your simplified approach for 5pips. If persons want more involved stats. then surely they can do the research themselves. More pips to your elbow. As an aside-I have been trading one minute charts on Friday -learnt a lot about my psychology and discipline
Hope Mrs T wasn't watching and hope it wasn't g/n.

What you say is right if people want more and more stats then do the research themselves. I know you put a lot of time in.
  • #6,398
  • Jan 23, 2016 6:30am Jan 23, 2016 6:30am
Billy, when you have your stats as above for win/loss.. the wins include ones which have to be "recovered"..?

Do you have stats on the amount of wins that had to be recovered, if so?

TIA
  • #6,399
  • Jan 23, 2016 7:22am Jan 23, 2016 7:22am
Hi all, I will answer posts later. I am off out now for a while..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #6,400
  • Edited 7:46am Jan 23, 2016 7:26am | Edited 7:46am
Quoting billytt
{quote} I think Mr Tom/David asked about letting trades run for the extra pips so I now add these to stats. The trouble though, to look for extra pips you need a lot more stats and it gets complicated. You start to meet pivots/ 00 which I personally do not need. Easy 5 hit it hard...
Yep I understand where you coming from you know that.

Stats don't interest me too much it's what's in your account at the end of the day/week.

Hey 20 mins in and 2 goals already in Celtic match. Good fun.

Edit: lol 3 before half time easy money
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