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Billytt Die happy trading e/j daily breakout

  • #9,621
  • Aug 9, 2016 12:06am Aug 9, 2016 12:06am
Quoting slowbrain
{quote} Billytt I did not mentioned about you , because you have always the fingers into the honey pot .... the 4h candle + your MM make it a very powerful trading system
lol, ok bud no problem, I have a hive
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,622
  • Aug 9, 2016 12:08am Aug 9, 2016 12:08am
[quote=soccerfan;9073809]{quote} Thanks for posting your trades, I followed Cable too, it got a bit late for me so I had to sleep you have great faith in your sell choice ( more than me

hi soccerfan, you cannot trade without having draw down at some point, like I say I will normally counter at -30 ish so it helps reduce the pressure, trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,623
  • Aug 9, 2016 12:10am Aug 9, 2016 12:10am
​short on Cable, t08-09. and yes 2 trades running same time lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,624
  • Aug 9, 2016 12:22am Aug 9, 2016 12:22am
​t 08-20. I just closed my A/U long for +3. I don't usually have 2 trades (different pairs) running at same time. I can concentrate on Cable now. cable has 28 range and is ideal to exploit yay, catch you later
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,625
  • Aug 9, 2016 12:44am Aug 9, 2016 12:44am
cable, 08-42. I actually made a mistake duh! I should not be in a short right now as the low has not been broken. No idea how that happened, obviously my fault... I have some work to do now to correct
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,626
  • Aug 9, 2016 1:42am Aug 9, 2016 1:42am
Quoting billytt
cable, 08-42. I actually made a mistake duh! I should not be in a short right now as the low has not been broken. No idea how that happened, obviously my fault... I have some work to do now to correct
Enjoy the fun of the battle .. and good luck
trying to make everyday the best risk/reward decisions possible
  • #9,627
  • Aug 9, 2016 2:33am Aug 9, 2016 2:33am
[quote=billytt;9073853]
Quoting soccerfan
{quote} Thanks for posting your trades, I followed Cable too, it got a bit late for me so I had to sleep you have great faith in your sell choice ( more than me hi soccerfan, you cannot trade without having draw down at some point, like I say I will normally counter at -30 ish so it helps reduce the pressure, trade well.
Hi Billytt , thanks for your info,...I am in the positions sometimes of cutting my losses too soon or letting the trade run away far too much, I have a plan of atr on the 15 min chart, but sometimes that is not enough.... more dilemmas methimks..Haha
Onwards and upwards...
  • #9,628
  • Aug 9, 2016 2:33am Aug 9, 2016 2:33am
Quoting soccerfan
{quote} Thanks for posting your trades, I followed Cable too, it got a bit late for me so I had to sleep you have great faith in your sell choice ( more than me LOL ) I believe you had a drawdown of approx 38 pips at one point, What S/L plan did you have {image} Nerves of steel...
Don't really have a s/l plan. Cable invariably retraces at some point. I'm happy to keep adding until it does. Should have held out a bit longer yesterday and would have made a weeks money but easy to say so now ............. you analyze my trades more than I do lol !
  • #9,629
  • Aug 9, 2016 3:23am Aug 9, 2016 3:23am
Quoting claudia1
{quote} Don't really have a s/l plan. Cable invariably retraces at some point. I'm happy to keep adding until it does. Should have held out a bit longer yesterday and would have made a weeks money but easy to say so now ............. you analyze my trades more than I do lol !
I have analysed your trades over a few winter weekends and tried to get a feel for your style...hope you don't mind..Haha

I had an interesting chart with approx 12 trades marked on the screen, I can post it for the benefit of others if wanted.... great to learn from

I do not want to distract from the proper thread..respect for Billytt breakout method

Happy pipping all..Cheers
Onwards and upwards...
  • #9,630
  • Aug 9, 2016 3:35am Aug 9, 2016 3:35am
Quoting soccerfan
{quote} I have analysed your trades over a few winter weekends and tried to get a feel for your style...hope you don't mind..Haha I had an interesting chart with approx 12 trades marked on the screen, I can post it for the benefit of others if wanted.... great to learn from I do not want to distract from the proper thread..respect for Billytt breakout method Happy pipping all..Cheers
Lol I don't mind and I'm sure Billy doesn't. Post the chart be interesting.
  • #9,631
  • Aug 9, 2016 3:39am Aug 9, 2016 3:39am
Here are the uploads..Claudia kindly showed her trades for a day s trading in July and I marked them on a chart,

The lines show open and close, hope you find it interesting. July 26 refers to the date that I marked the charts and is for my own records, Thanks again Claudia

Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd claudia july 6.png Size: 47 KB


Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd scalp clau 1.png Size: 37 KB
Onwards and upwards...
  • #9,632
  • Aug 9, 2016 3:44am Aug 9, 2016 3:44am
Quoting soccerfan
Here are the uploads..Claudia kindly showed her trades for a day s trading in July and I marked them on a chart, The lines show open and close, hope you find it interesting. July 26 refers to the date that I marked the charts and is for my own records, Thanks again Claudia {image} {image}
Thanks you for taking the time. Will have a look and maybe learn what I get up to !
  • #9,633
  • Aug 9, 2016 5:53am Aug 9, 2016 5:53am
@Billytt

Billy -seems Cable broke the 4 am for for about 4 points then reversed to break the high for about 14 points ?
Would you Long when price reversed from the low and passed the 4 am Close?
Attached Image (click to enlarge)
Click to Enlarge Name: Billy1347.jpg Size: 524 KB
every Saint has a past. Every Sinner has a Future
  • #9,634
  • Aug 9, 2016 6:22am Aug 9, 2016 6:22am
t 14-18 I can speak now, I ended up smashing Cable. That original short was accidentally triggered by my Pc as I have a bias on a trigger and I had it on wrong setting duh!. What started as a £10 point for £50 ended up £80 a point but I was in control (yeah right)​
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,635
  • Aug 9, 2016 6:25am Aug 9, 2016 6:25am
Quoting claudia1
{quote} Lol I don't mind and I'm sure Billy doesn't. Post the chart be interesting.
you can post freely , I think looking at old trades can help but you also need to know why the trade happened, ie 00 coming up or maybe a daily pivot. These are important to Claudia whereas I just hit a high/low. we have the same results though
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,636
  • Aug 9, 2016 6:35am Aug 9, 2016 6:35am
Quoting turnip15
@Billytt Billy -seems Cable broke the 4 am for for about 4 points then reversed to break the high for about 14 points ? Would you Long when price reversed from the low and passed the 4 am Close? {image}
Hi Mr T, yes. I did say earlier Cable had a 28 range on the 04-00 candle and this is ideal. the high broke first for +14 then the low broke for +12 so far. I honestly thought I saw low break just after 08-00 but nothing on my charts suggest that and I did have do a school boy error setting Pc up . But you are correct if I was on a short for +4 and it retraced ,I would then long at the 04-00 high. It usually makes +20 and also the daily average. I just adjust lot size and hold my breath
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,637
  • Aug 9, 2016 7:00am Aug 9, 2016 7:00am
Quoting turnip15
@Billytt Billy -seems Cable broke the 4 am for for about 4 points then reversed to break the high for about 14 points ? Would you Long when price reversed from the low and passed the 4 am Close? {image}
Has Billy ever mentioned reverse at 4am candle close or open for that matter?
  • #9,638
  • Aug 9, 2016 8:15am Aug 9, 2016 8:15am
Quoting FOURX
{quote} Has Billy ever mentioned reverse at 4am candle close or open for that matter?
hi Fourx, hope you are fine. It does reverse at high/low sometimes. so either we leave the trade alone or put it on manually as in just long or short it. This can then have an effect on the + 10. same applies with the Daily Bar.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,639
  • Aug 9, 2016 8:19am Aug 9, 2016 8:19am
[quote=soccerfan;9074084][quote=billytt;9073853]{quote} Hi Billytt , thanks for your info,...I am in the positions sometimes of cutting my losses too soon or letting the trade run away far

Hi, same here, I dislike having negative points so I will counter at either the opposite trigger (high/low) or -30. that way my loss is held until the new trigger makes a profit. The trigger has to be good and consistent with the method and hopefully not rely on luck/judgement.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,640
  • Aug 9, 2016 8:21am Aug 9, 2016 8:21am
This made me titter,
Attached Image

He should of got the servant to light it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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