Billytt Die happy trading e/j daily breakout | Page 461 | 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

  • #9,201
  • Jul 13, 2016 1:00pm Jul 13, 2016 1:00pm
billy, on the rare occasion when a trade goes against you, where do you place a stop?
If you are good at something, never do it for free--Joker
  • #9,202
  • Jul 13, 2016 1:09pm Jul 13, 2016 1:09pm
Quoting billytt
{quote} I am actually going dancing tonight. I was supposed to be helping out in hospital for my friend but it was called off. SO DANCING yay
ENJOY! I booked a flight to Frankie this afternoon lol you know as well as I do was a waste of money. Oh well.
  • #9,203
  • Jul 13, 2016 3:21pm Jul 13, 2016 3:21pm
Quoting claudia1
{quote} Good car enjoy. The 356 I want is the one Kelly drove in Top Gun (although that was a replica) and there aren't many originals around now. I got books and books on this car which is basically a VW Beetle. Sad huh.
Hahaha -just seen this. When I was young, younger than today, I used to look at the Exchange and Mart magazine for kit cars involving the use of VW chassis or engine. My son is a fan of the newer (today's) VW's.
every Saint has a past. Every Sinner has a Future
  • #9,204
  • Jul 13, 2016 6:35pm Jul 13, 2016 6:35pm
Hi all, hope this post finds you well, a new PM and a Lady too...good luck to her and our new Foreign Sec..Boris, hope to see him if he visits us downunder..!!

I have made a few trades this week on the DAILY Breakout system ...Buy above , Sell below, as simple as that..post of GBP/USD below

It is great to read your posts ans see your charts...am still trying to figure out some rules for Claudia's PIVOT trading, amazing success

Cheers all and happy trading

Attached Image (click to enlarge)
Click to Enlarge Name: Breakout daily G U.png Size: 14 KB
Onwards and upwards...
  • #9,205
  • Jul 13, 2016 9:24pm Jul 13, 2016 9:24pm
Quoting jmn5611
billy, on the rare occasion when a trade goes against you, where do you place a stop?
Hello jmn5611, long time no see, hope you are ok..
Speaking the 04-00 candle break...I do not actually use a stop as the range is normally small, ideally 25 to 35. If I short and it goes against the high is normally not far away.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,206
  • Jul 13, 2016 9:31pm Jul 13, 2016 9:31pm
Quoting jmn5611
billy, on the rare occasion when a trade goes against you, where do you place a stop?

second answer, if trading Daily Break . I use a 20 stop for stats but normally at -30 I will then counter trade. OK I could close the trade at -30 but I do not like giving anything away. So I counter at -30 until the next trigger. Obviously a Daily Candle could have a big Range but we have good odds of either A,,, first Trade is good or the counter will be good at next trigger. It might take a few days to make it right.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,207
  • Jul 13, 2016 9:34pm Jul 13, 2016 9:34pm
[quote=soccerfan;9028210]Hi all, hope this post finds you well, a new PM and a Lady too...good luck to her and our new Foreign Sec..Boris, hope to see him if he visits us downunder..!!

Hi soccerfan, hope you are fine. good trading. Cable has been awesome , get the trigger and it keeps going. I think our Theresa is keeping her enemy Boris close at hand. a good method.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,208
  • Jul 13, 2016 10:00pm Jul 13, 2016 10:00pm
Hi Billytt, thanks for the feedback, I need to decide on which pairs to trade, G/U and E/J seem logical and not doubling up on any one currrency..

I have tried the 4 hour approach but can't get too much joy as I am stuck in Asian hours and London/NY sessions are my evening so not good,

I shall stick with a simple 10 each day on those pairs,,, I will post again later after I have re read a few more pages,

Have a great day, ...hope she keeps the Great in Great Britain..!!
Onwards and upwards...
  • #9,209
  • Jul 14, 2016 1:45am Jul 14, 2016 1:45am
Quoting billytt
{quote} second answer, if trading Daily Break . I use a 20 stop for stats but normally at -30 I will then counter trade. OK I could close the trade at -30 but I do not like giving anything away. So I counter at -30 until the next trigger. Obviously a Daily Candle could have a big Range but we have good odds of either A,,, first Trade is good or the counter will be good at next trigger. It might take a few days to make it right.
I am fine, been busy with work, school, kid, girl, cat, etc.

Okay that is what I thought. I wasn't sure if you were still trading your way out or using a hard stop these days. Good to see you and Claudia still at it!
If you are good at something, never do it for free--Joker
  • #9,210
  • Jul 14, 2016 1:58am Jul 14, 2016 1:58am
@ Billy - e/j daily breakout came in again. 3 wins this week 1 no trade. Got the ea running on a vps with IG (sounds like some sort of code but I know what I mean).

Edit: Ha but the no trade was an inside bar!!!
Attached Image (click to enlarge)
Click to Enlarge Name: ej.png Size: 28 KB
  • #9,211
  • Jul 14, 2016 2:03am Jul 14, 2016 2:03am
t 08-02...
A = 04-00 candle.
Attached Image

trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,212
  • Jul 14, 2016 3:13am Jul 14, 2016 3:13am
t 09-12, currently long on A/U from 04-00 break.
we also had Daily and 4 hour inside bars if this helps lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,213
  • Jul 14, 2016 3:24am Jul 14, 2016 3:24am
Quoting billytt
t 09-12, currently long on A/U from 04-00 break. we also had Daily and 4 hour inside bars if this helps lol.
I'm going to go on about g/a again look at that on 4h. Has some way to go to break 4 am but just watch.

Not doing anything until bank rate comes out. Made some on the e/j but not a lot.
  • #9,214
  • Jul 14, 2016 4:00am Jul 14, 2016 4:00am
Cable 4 am break -the story so far 10:00 Hours

Inside bar forming so far
every Saint has a past. Every Sinner has a Future
  • #9,215
  • Jul 14, 2016 4:02am Jul 14, 2016 4:02am
Quoting turnip15
Cable 4 am break -the story so far 10:00 Hours Inside bar forming so far
Clues are in the 15 min right now. Still hold until BoE at midday. Surprised Mrs T hasn't got you in the garden.
  • #9,216
  • Jul 14, 2016 4:13am Jul 14, 2016 4:13am
Quoting claudia1
{quote} I'm going to go on about g/a again look at that on 4h. Has some way to go to break 4 am but just watch. Not doing anything until bank rate comes out. Made some on the e/j but not a lot.
10k is a lot
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,217
  • Jul 14, 2016 4:15am Jul 14, 2016 4:15am
A/U made the +10 a few minutes ago, So I got out for 5 .
for some reason I kept thinking it was going to drop (SHOULDN'T THINK) or I shouldn't
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,218
  • Jul 14, 2016 4:19am Jul 14, 2016 4:19am
Quoting billytt
A/U made the +10 a few minutes ago, So I got out for 5 . for some reason I kept thinking it was going to drop (SHOULDN'T THINK) or I shouldn't
Funny was just thinking cable is being pushed up ready for a big fall them thought stop thinking dumbo

Been in just under a 40 point range since open somethings going on.
  • #9,219
  • Jul 14, 2016 4:20am Jul 14, 2016 4:20am
Quoting billytt
{quote} 10k is a lot
I wish.
  • #9,220
  • Jul 14, 2016 4:21am Jul 14, 2016 4:21am
A/U 04-00 break. the high broke for +10, Really I want it to drop so I can look for the daily range, maybe put a trade on for the minnions,
but looking at the daily and 4 hour ibs maybe not.
then we have cable, lets see what happens up to and after the Boe news and maybe trade then for them.
Attached Image

A = 04-00 candle
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
9 traders viewing now