Billytt Die happy trading e/j daily breakout | Page 372 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #7,421
  • Feb 23, 2016 11:09am Feb 23, 2016 11:09am
Quoting landsat
cable pay well today ...
yes it did, it is almost at a 14 and 7 year low. Me and Claudia spoke about it the other day.
Actually Claudia and I lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,422
  • Feb 23, 2016 11:10am Feb 23, 2016 11:10am
Quoting billytt
If anyone says I got out too early I shall throw stones at them lol..
like a roaster ....
i'm sure dancing is an excuse .... just enjoying the view i suppose ..
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,423
  • Feb 23, 2016 11:11am Feb 23, 2016 11:11am
Quoting landsat
cable pay well today ...
Yes it sure did...I just closed a big chunk of my position in front of 140...been holding it since 2/17
Plan, Prepare, Execute, Repeat
  • #7,424
  • Feb 23, 2016 11:12am Feb 23, 2016 11:12am
Quoting landsat
cable pay well today ...
The dragon is paying even better!!!!
Plan, Prepare, Execute, Repeat
  • #7,425
  • Feb 23, 2016 11:18am Feb 23, 2016 11:18am
Quoting landsat
{quote} like a roaster .... i'm sure dancing is an excuse .... just enjoying the view i suppose ..
lol, it is the guys who make the girls look good on dance floor, especially if they are wearing those 50s style skirts, The girls wear them too
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,426
  • Feb 23, 2016 11:18am Feb 23, 2016 11:18am
Quoting DavidRP
{quote} it makes sense. What's your win rate with daily bars?
I don't know what the win rate is for daily bars....I think it fluctuates between 40-55%......the only statistic that I calculate and really pay attention to is W/L Ratio....that's where I get paid (right now that is 3.2 : 1 199 pips avg winner / 60 pips avg loser)
Plan, Prepare, Execute, Repeat
  • #7,427
  • Feb 23, 2016 11:20am Feb 23, 2016 11:20am
Quoting swingtrade65
{quote} Yes it sure did...I just closed a big chunk of my position in front of 140...been holding it since 2/17
nice one. It is good to see people raking it in.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,428
  • Feb 23, 2016 11:23am Feb 23, 2016 11:23am
Quoting billytt
{quote} nice one. It is good to see people raking it in.
Yes...but you have to be willing to risk to get those moves....double edge sword that cut off a few of my fingers along the way LOL
Plan, Prepare, Execute, Repeat
  • #7,429
  • Feb 23, 2016 11:23am Feb 23, 2016 11:23am
Quoting swingtrade65
{quote} I don't know what the win rate is for daily bars....I think it fluctuates between 40-55%......the only statistic that I calculate and really pay attention to is W/L Ratio....that's where I get paid (right now that is 3.2 : 1 199 pips avg winner / 60 pips avg loser)

I think I answered that, win rate for Daily Break looking at 10 points is 85% +. The 04-00 4 hour candle is also very high.
Once you have the counter running they do not lose unless you close it down through boredom/tiredness
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,430
  • Feb 23, 2016 11:25am Feb 23, 2016 11:25am
Quoting swingtrade65
{quote} Yes...but you have to be willing to risk to get those moves....double edge sword that cut off a few of my fingers along the way LOL

Of course, the big ball players take risk but not in a stupid way.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,431
  • Feb 23, 2016 11:25am Feb 23, 2016 11:25am
Quoting swingtrade65
{quote} I don't know what the win rate is for daily bars....I think it fluctuates between 40-55%......the only statistic that I calculate and really pay attention to is W/L Ratio....that's where I get paid (right now that is 3.2 : 1 199 pips avg winner / 60 pips avg loser)
Very true, That's a nice stat. Thanks
  • #7,432
  • Feb 23, 2016 11:27am Feb 23, 2016 11:27am
Quoting billytt
{quote} I think I answered that, win rate for Daily Break looking at 10 points is 85% +. The 04-00 4 hour candle is also very high. Once you have the counter running they do not lose unless you close it down through boredom/tiredness

Billy...you are correct on the 10 pips, it is around 85%.....as far as when I try to get a big chunk of the ATR....it drops it down to around 50% ish most of the time......if it gets the full ATR and closes near the end of the range...those are the ones I like to carry over and see if I can get a runner out of it

I hope this answers the OP questions
Plan, Prepare, Execute, Repeat
  • #7,433
  • Feb 23, 2016 11:35am Feb 23, 2016 11:35am
Quoting swingtrade65
{quote} Billy...you are correct on the 10 pips, it is around 85%.....as far as when I try to get a big chunk of the ATR....it drops it down to around 50% ish most of the time......if it gets the full ATR and closes near the end of the range...those are the ones I like to carry over and see if I can get a runner out of it I hope this answers the OP questions
The stats are also very good for 20 points.
When I traded I would hunt 20 and have stats on daily range and compound it every 20 points up to range . I do not have access to that soft ware anymore.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,434
  • Feb 23, 2016 11:39am Feb 23, 2016 11:39am
Quoting swingtrade65
{quote} Billy...you are correct on the 10 pips, it is around 85%.....as far as when I try to get a big chunk of the ATR....it drops it down to around 50% ish most of the time......if it gets the full ATR and closes near the end of the range...those are the ones I like to carry over and see if I can get a runner out of it I hope this answers the OP questions

I have studied daily break, yep you have 85% but not without retracement and it's there where loss management come alive and not easy. The win % for straight 10 or 20 is much lower.
  • #7,435
  • Feb 23, 2016 11:52am Feb 23, 2016 11:52am
Quoting DavidRP
{quote} I have studied daily break, yep you have 85% but not without retracement and it's there where loss management come alive and not easy. The win % for straight 10 or 20 is much lower.
Yes, the win % will drop with retracements and how you manage the position......I am not bothered by the retracements.....I prefer to just sit and let the pair play out the move for that day. At least for me, all of my money is made when I catch them in a runner that will go for 2-10 days or more.....I don't let them off the hook easily and they pay me to see the cards as they say in poker.

It is my opinion that the methods used within the group of people here are solid and will make anyone money if they trust in themselves to just let it happen and not tinker with the methods once they find the variation that works for them personally.
Plan, Prepare, Execute, Repeat
  • #7,436
  • Feb 23, 2016 11:53am Feb 23, 2016 11:53am
Quoting DavidRP
{quote} I have studied daily break, yep you have 85% but not without retracement and it's there where loss management come alive and not easy. The win % for straight 10 or 20 is much lower.
Correct, but that is how I trade plus some other big boys.
Nothing is easy in this life, I may sit in front of Pc but it is still hard work, Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,437
  • Feb 23, 2016 11:54am Feb 23, 2016 11:54am
Quoting swingtrade65
{quote} Yes, the win % will drop with retracements and how you manage the position......I am not bothered by the retracements.....I prefer to just sit and let the pair play out the move for that day. At least for me, all of my money is made when I catch them in a runner that will go for 2-10 days or more.....I don't let them off the hook easily and they pay me to see the cards as they say in poker. It is my opinion that the methods used within the group of people here are solid and will make anyone money if they trust in themselves to just let it...
agreed. Trade the method and forget what the gurus say.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,438
  • Feb 23, 2016 12:53pm Feb 23, 2016 12:53pm
My latest Runner
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.jpg Size: 167 KB
Plan, Prepare, Execute, Repeat
  • #7,439
  • Feb 24, 2016 3:03am Feb 24, 2016 3:03am
Under water on AUD 4AM BREAK at this time.
  • #7,440
  • Feb 24, 2016 3:56am Feb 24, 2016 3:56am
Quoting Piprader
Under water on AUD 4AM BREAK at this time.
Piprader

good luck , and relax ... enjoy the the ride
Logic will take you from A to B Imagination will take you anywhere (A.E)
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