Billytt Die happy trading e/j daily breakout | Page 473 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #9,441
  • Jul 29, 2016 2:56am Jul 29, 2016 2:56am
t 08-55... the fun has started. i now have counter on Cable SHORT. lets see what happens
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,442
  • Jul 29, 2016 2:59am Jul 29, 2016 2:59am
​A/U break of low an easy +5 lol
Attached Image

A = 04-00 candle, with modest 60 range line on
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,443
  • Jul 29, 2016 3:51am Jul 29, 2016 3:51am
[quote=billytt;9055770]
Quoting turnip15
{quote} Mr T. a lurker pinged and says look at the Uk open 08-00 on the 30 minute candle. I noted some good results and some bad.
Thanks for that. Question is, do the goods outnumber the bad trades? :-)
every Saint has a past. Every Sinner has a Future
  • #9,444
  • Jul 29, 2016 3:59am Jul 29, 2016 3:59am
Quoting billytt
t 08-55... the fun has started. i now have counter on Cable SHORT. lets see what happens
Not so good for me so far today Billy -one stopped out long. Waiting for another possible break.

Whoops - now short 0956
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every Saint has a past. Every Sinner has a Future
  • #9,445
  • Jul 29, 2016 4:03am Jul 29, 2016 4:03am
Quoting turnip15
{quote} Not so good for me so far today Billy -one stopped out long. Waiting for another possible break. Whoops - now short
{image}
The short :-) ( 10:00)
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every Saint has a past. Every Sinner has a Future
  • #9,446
  • Jul 29, 2016 4:53am Jul 29, 2016 4:53am
​Cable. my counter short worked. I had a short and closed it then shorted again and closed then shorted again which I am still running lol.
I will explain later when I close this short. hopefully get the modest daily low, lets see
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,447
  • Jul 29, 2016 5:15am Jul 29, 2016 5:15am
Quoting billytt
​Cable. my counter short worked. I had a short and closed it then shorted again and closed then shorted again which I am still running lol. I will explain later when I close this short. hopefully get the modest daily low, lets see
Means you still have your long running ? 1 open long still running , and 3 closed short ?
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trying to make everyday the best risk/reward decisions possible
  • #9,448
  • Jul 29, 2016 5:40am Jul 29, 2016 5:40am
​all closed down, I have things to do lol. I will explain later.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,449
  • Jul 29, 2016 5:44am Jul 29, 2016 5:44am
Quoting slowbrain
{quote} Means you still have your long running ? 1 open long still running , and 3 closed short ? {image}
Hello slowbrain, I had one long running and then had one counter short running at same time. The short made +20 as expected and when it started to retrace I closed the short for approx. +15. once it went past the 04-00 low I shorted again (long still on) it made +20 again and retraced so I got out at approx. +15 again, it got to 04-00 low again so I shorted this time looking for the daily range low but got out also closed the long. I actually had a good day, I also use adjusted lot size plus the A/U trade helped out, yay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,450
  • Jul 29, 2016 6:58am Jul 29, 2016 6:58am
Quoting billytt
{quote} Hello slowbrain, I had one long running and then had one counter short running at same time. The short made +20 as expected and when it started to retrace I closed the short for approx. +15. once it went past the 04-00 low I shorted again (long still on) it made +20 again and retraced so I got out at approx. +15 again, it got to 04-00 low again so I shorted this time looking for the daily range low but got out also closed the long. I actually had a good day, I also use adjusted lot size plus the A/U trade helped out, yay
I'm not sure to understand 100% , but i can feel the spirit behind the numbers , it's a very dynamic way of managing position , it open a field of new opportunity to improve bank roll ....
on the chart i have draw a blue line under the low of the 5 mn candle who create highest high (candle who break the 04-00 high) if i have to open a counter trade , i will open it when price breakdown this blue line
is it too early or too late to open a counter trade short ?
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trying to make everyday the best risk/reward decisions possible
  • #9,451
  • Jul 29, 2016 11:16am Jul 29, 2016 11:16am
Hi Masters !!!
Still reading ( my eyes are blooding ) and finally I discover who ( or what ) BD is , such a pokemon lol.
I have 2 Q :-)
When you place a trade for the brake ( daily or 4H Billy Bar) how do you do it ? Manual or Order ?
2nd one, I have a little mess with time. When MT4 says 4:00 my local time ( spain ) is 5:00. Candle I have to watch is MT4 4:00 , right ?
Have a good week end. Forecast here says will be windy, hopefully will windsurf a lot
  • #9,452
  • Jul 29, 2016 9:41pm Jul 29, 2016 9:41pm
[quote=slowbrain;9056897]{quote} I'm not sure to understand 100% , but i can feel the spirit behind the numbers , it's a very dynamic way of managing position , it open a field of new opportunity to improve bank roll ....

Hi , 03-35 here. I am unable to post any charts right now.
Speaking 04-00 break only.
If you Long off the High and it retraces before +10 ,,,You short on the Low. ( or vice versa)
If you start to play with 5 minute time frame you will be cleaned out or FAIL, you will be subject to whip.
What happened on Fri with Cable does not happen too often.
I will post more later, take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,453
  • Jul 29, 2016 9:46pm Jul 29, 2016 9:46pm
[quote=xian;9057544]Hi Masters !!! Still reading ( my eyes are blooding ) and finally I discover who ( or what ) BD is , such a pokemon lol. I have 2 Q :-) When you place a trade for the brake ( daily or 4H Billy Bar)

Hi, who or what ? BD ​ (tonto).
Place trade on order as this is quickest, you might just lose otherwise.
What ever time difference you are on, you need to close your 4 hour candle on the UK open .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,454
  • Jul 29, 2016 10:34pm Jul 29, 2016 10:34pm
Quoting billytt
Quoting slowbrain
{quote} I'm not sure to understand 100% , but i can feel the spirit behind the numbers , it's a very dynamic way of managing position , it open a field of new opportunity to improve bank roll .... Hi , 03-35 here. I am unable to post any charts right now. Speaking 04-00 break only. If you Long off the High and it retraces before +10 ,,,You short on the Low. ( or vice versa) If you start to play with 5 minute time frame you will be cleaned out or FAIL, you will be subject to whip. What happened on Fri with Cable does not
...
ok clear no more 5mn charts in front of my eyes
so just open counter trade on the low of the 4h candle if already long on the high of the same candle
trying to make everyday the best risk/reward decisions possible
  • #9,455
  • Jul 30, 2016 6:06am Jul 30, 2016 6:06am
Quoting slowbrain
{quote}{quote} ok clear no more 5mn charts in front of my eyes so just open counter trade on the low of the 4h candle if already long on the high of the same candle
Correct but be careful, it isn't as easy as it looks and you must stick to the method, you must not over complicate things.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,456
  • Jul 30, 2016 7:41am Jul 30, 2016 7:41am
I TAKE NO RESPONSIBILITY IF ANYONE TRADES AND LOSES TRYING TO COPY MY METHOD,
ALSO I AM NOT A TIPPING SERVICE,
I CANNOT TELL THE EXACT METHOD BUT IT IS EASY TO SEE.
Trade the break of High/Low, these are the only Triggers.
Counter Trade is same principle and patience...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,457
  • Jul 30, 2016 7:52am Jul 30, 2016 7:52am
Quoting billytt
I TAKE NO RESPONSIBILITY IF ANYONE TRADES AND LOSES TRYING TO COPY MY METHOD, ALSO I AM NOT A TIPPING SERVICE, I CANNOT TELL THE EXACT METHOD BUT IT IS EASY TO SEE. Trade the break of High/Low, these are the only Triggers. Counter Trade is same principle and patience...
sorry Billytt if you feel annoyed , but it was not my intention to make you feel uncomfortable
sorry for any inconvenience caused , i hope that you will have a wonderful week end

SB
trying to make everyday the best risk/reward decisions possible
  • #9,458
  • Jul 30, 2016 9:00am Jul 30, 2016 9:00am
Quoting slowbrain
{quote} sorry Billytt if you feel annoyed , but it was not my intention to make you feel uncomfortable sorry for any inconvenience caused , i hope that you will have a wonderful week end SB
Hi .Sorry bud, That disclaimer wasn't just aimed at you. I do not feel uncomfortable at all.

Trading is hard but we make it look easy plus we need a big bank to correct bad trades.
I would hate to see people lose money if they trade without knowing the method 100%
From a high/low break method, it can be developed to ones own style but you need stats to show you have an edge. Trade well and everyone ask questions.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,459
  • Jul 30, 2016 11:24am Jul 30, 2016 11:24am
Quoting slowbrain
{quote} sorry Billytt if you feel annoyed , but it was not my intention to make you feel uncomfortable sorry for any inconvenience caused , i hope that you will have a wonderful week end SB
He's not annoyed or uncomfortable SB. Billy and Claudia etc are always willing ti help -just ask. Welcome to the thread by the way.
every Saint has a past. Every Sinner has a Future
  • #9,460
  • Jul 30, 2016 10:07pm Jul 30, 2016 10:07pm
​t 03-50 here and I helped out at my friends club (yet again).
I speak of stats, I do not use them in the same way as you play poker whereby you have 52 cards and you can work out odds/percentages once you see played cards, same with blackjack.
The Daily Break , 04-00 Break and Daily Inside Bars have massive odds of making 10 /20 pre spread.
Claudia says she doesn't use stats as such but the stats say Daily Pivot has big odds of being hit and when a 00 is close ,that too has big odds of being hit. (stats)
Stats show how long a losing streak can be and that is where counter trade comes in, as long as you are in control of a few negative points (approx. 20/30) you can still follow the big guys with good results.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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