Billytt Die happy trading e/j daily breakout | Page 353 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #7,041
  • Feb 15, 2016 2:48am Feb 15, 2016 2:48am
Quoting landsat
{quote} Interesting stat ... wish every one a successful trading week
Hello landsat, the stats look easy on a chart after the event but as you know they do have retrace etc but sticking to the method pays off..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,042
  • Feb 15, 2016 3:05am Feb 15, 2016 3:05am
Quoting billytt
Morning all... A/U 04-00 low broke for 10+. I traded it . So 16 from 16 and 9% total return for the minions and a trade for myself....
Billyt

you didn't take the E/J and G/U signals ?
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,043
  • Feb 15, 2016 3:14am Feb 15, 2016 3:14am
Quoting landsat
{quote} Billyt you didn't take the E/J and G/U signals ?
no. I have not even looked at them. I only trade A/U and stay focused on the 04-00 break then got out. I will look at the 12-00 candle next. I really want it to drop as it is all psychological lol. I was looking at daily range with A/U too but holiday in America will probably keep it low.. I have tomorrow for the move.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,044
  • Feb 15, 2016 3:17am Feb 15, 2016 3:17am
Quoting landsat
{quote} Billyt you didn't take the E/J and G/U signals ?
I just looked at G/U, the 04-00 candle low was a good break AND it was a good break on the hour candle which Claudia has been looking at , something similar to what we looked at ...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,045
  • Feb 15, 2016 3:18am Feb 15, 2016 3:18am
Quoting billytt
{quote} no. I have not even looked at them. I only trade A/U and stay focused on the 04-00 break then got out. I will look at the 12-00 candle next. I really want it to drop as it is all psychological lol. I was looking at daily range with A/U too but holiday in America will probably keep it low.. I have tomorrow for the move.
you just look at A/U because of the stats i presume .... with such stats you can go "heavy" ?
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,046
  • Feb 15, 2016 3:27am Feb 15, 2016 3:27am
Quoting landsat
{quote} you just look at A/U because of the stats i presume .... with such stats you can go "heavy" ?

Correct. The trades I do for my 2 investors (minions) I keep respectable and use a low percent because I need the big bank to correct a bad trade and they didn't give me enough to do this lol AND I am not using my money to correct lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,047
  • Feb 15, 2016 3:49am Feb 15, 2016 3:49am
Hi billytt,
I'm a long time lurker of this thread,
I see that now do you use other strategy more than daily breakout, is this true?
Other questions is: When do you exit if the trade goes against you?
Sorry to bother you
  • #7,048
  • Edited 4:41am Feb 15, 2016 4:22am | Edited 4:41am
Quoting simitch
Hi billytt, I'm a long time lurker of this thread, I see that now do you use other strategy more than daily breakout, is this true? Other questions is: When do you exit if the trade goes against you? Sorry to bother you
Hello simitch and welcome. I traded Daily Break and did well. I am more or less retired so I just play around now. I am always looking for new trading methods and I saw consistent trading entries on the 04-00 4 hour candle and hey presto . A/U I find is more easier to trade than E/J and G/U due to the slower moves.
If a trade goes against I put in a counter trade and wait for the next trigger which is usually the following days 04-00 candle and take it from there. Ask questions and we shall help.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,049
  • Feb 15, 2016 4:37am Feb 15, 2016 4:37am
Quoting billytt
Pip get your big bat out {image} it is holiday in the States I believe and we had a bit of Australian news regarding vehicle sales being a bit better. It means nothing to me lol. I just want A/U to drop. it has reached 7120 and hopefully will drop down. If it doesn't I will be back to hopefully trade off the 04-00 candle....
Had to bulk up on the Greens to be able swing it Mr B. Got it sorted .
Attached Image
  • #7,050
  • Feb 15, 2016 5:04am Feb 15, 2016 5:04am
Hi all I probably will not trade today, still got Man Flue and its dragging on a bit ,couple'd with the broken glass throat,, I will see how it goes there is always tomorrow, sooo trade well green pips to you.
  • #7,051
  • Feb 15, 2016 6:02am Feb 15, 2016 6:02am
Quoting billytt
Daily Break Out ,STATS from 3rd Jan to and including Sun 14th Feb.. E/J ... Trades 37.. 34 win... 02 lose. Trades with 20 or more pips = 28. ................................................................................................................... G/U ... Trades 39.. 32 win... 07 lose. Trades with 20 or more pips = 27. .................................................................................................................... A/U ... Trades 37.. 35 win... 02 lose. Trades with 20 or more pips = 30..
I am surprised at A/U - I thought it would be slower with less movement/volatility but 20+ pips at 30 times is very good and, to me , surprising. I thought Cable would have more volatility and therefore, more chance of 20+ pip runs?

Just think: 20 pips x £5 (for example) x 30 trades = £3000................what more do you want !

Thanks for the stats, Billy - always appreciated.
every Saint has a past. Every Sinner has a Future
  • #7,052
  • Feb 15, 2016 6:07am Feb 15, 2016 6:07am
And....just back from a hospital check up, In good health = Very happy bunny
every Saint has a past. Every Sinner has a Future
  • #7,053
  • Feb 15, 2016 6:37am Feb 15, 2016 6:37am
Quoting turnip15
And....just back from a hospital check up, In good health = Very happy bunny
and Good health to you Mr T, that is good to hear from you.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,054
  • Feb 15, 2016 6:41am Feb 15, 2016 6:41am
Quoting turnip15
{quote} I am surprised at A/U - I thought it would be slower with less movement/volatility but 20+ pips at 30 times is very good and, to me , surprising. I thought Cable would have more volatility and therefore, more chance of 20+ pip runs? Just think: 20 pips x 5 (for example) x 30 trades = 3000................what more do you want ! Thanks for the stats, Billy - always appreciated.
I too am surprised with A/U and I back checked for many years. I did trade E/J and G/U mainly on Daily but I always looked for 20 which I knew was good. The latter 2 were good for compounding but with A/U I will use more lots than actual compound IF I should do it. (which is rare)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,055
  • Feb 15, 2016 6:55am Feb 15, 2016 6:55am
12-55 time... A/U sitting on trend line . I would love to see it break then drop..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,056
  • Feb 15, 2016 7:07am Feb 15, 2016 7:07am
G/U -just to point out power of big numbers and combined price action (That pin off brn, for example). And a BRN gives you somewhere to locate your stop just above, thus lessens risk ?
Attached Image (click to enlarge)
Click to Enlarge Name: BRNumber.jpg Size: 282 KB
every Saint has a past. Every Sinner has a Future
  • #7,057
  • Feb 15, 2016 7:14am Feb 15, 2016 7:14am
And AUD/USD.....I was going to write that not all BRN's and little ones (XX50) work all the time. But I would have given myself a better chance if I remembered that THE USA IS ON HOLIDAY...........Duh
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDMon.jpg Size: 280 KB
every Saint has a past. Every Sinner has a Future
  • #7,058
  • Feb 15, 2016 7:19am Feb 15, 2016 7:19am
Quoting billytt
12-55 time... A/U sitting on trend line . I would love to see it break then drop..
Hanging around the 11th Feb Midnight high on the four hour ?
every Saint has a past. Every Sinner has a Future
  • #7,059
  • Feb 15, 2016 7:40am Feb 15, 2016 7:40am
Quoting turnip15
G/U -just to point out power of big numbers and combined price action (That pin off brn, for example). And a BRN gives you somewhere to locate your stop just above, thus lessens risk ? {image}
That pin was a corker as they say ( middle arrow ) for the lurkers.. But you cannot always rely on the 00 numbers, good to aim for stops etc as pointed out.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,060
  • Feb 15, 2016 7:43am Feb 15, 2016 7:43am
Quoting turnip15
{quote} Hanging around the 11th Feb Midnight high on the four hour ?
If I am actually trading the 04-00 or even Daily, I would let it break then trade. I very rarely look at past data this is why getting 5 is so good. Similar to any moving object. it doesn't stop dead. Sometimes as stated if I see a sign for it to move further I will use a second trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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