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Billytt Die happy trading e/j daily breakout

  • #10,281
  • Sep 2, 2016 11:29am Sep 2, 2016 11:29am
[quote=claudia1;9117023]
Quoting billytt
{quote} The only issue I had with it is that this place of full of new guys who don't know what they doing and will follow. Sure mathematically can be done but odds are stacked high against.



unless they have one of these, specially bred German gold fish
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,282
  • Sep 2, 2016 11:29am Sep 2, 2016 11:29am
Quoting billytt
on a serious note. My wifes goldfish seems to know which direction Dax will go
Then go buy some parrots maybe they can talk the trades
  • #10,283
  • Sep 2, 2016 11:33am Sep 2, 2016 11:33am
Quoting claudia1
{quote} Then go buy some parrots maybe they can talk the trades
I think my parrot is dead, it is no more
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,284
  • Sep 2, 2016 11:34am Sep 2, 2016 11:34am
Quoting billytt
{quote} I think my parrot is dead, it is no more {image}
oh dear maybe went long on Brexit day
  • #10,285
  • Sep 2, 2016 11:35am Sep 2, 2016 11:35am
Quoting billytt
{quote} Because it has 400 + idiots saying how good the loser is, that is why we have 96% losers in forex. Ok he could well do it but looking at his trades they are pure luck. Why play luck when you can do it with proper method. maybe not in a week though.
I have to admit that blew my mind. It seems most of FF just want to hit the lotto. That fellow had no chance, and it was amazing at how many people think he did.
If you are good at something, never do it for free--Joker
  • #10,286
  • Sep 2, 2016 11:41am Sep 2, 2016 11:41am
Quoting jmn5611
{quote} I have to admit that blew my mind. It seems most of FF just want to hit the lotto. That fellow had no chance, and it was amazing at how many people think he did.
Hi... It actually hurts me when I see people who live in hope with no chance ..
That is why I like to try and help out in here,
most of my life I have fought against bullies and defended the weak.
He can do it though, but he needs to actually slightly adapt the method .
Forget about the (it's only £$ 50) never give money away.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,287
  • Edited 12:45pm Sep 2, 2016 12:35pm | Edited 12:45pm
Dax Stats, 1st Sept 2015 to and including 29th Feb 2016.
133 trades and 118 wins

edit,,, trades based on 06-00 2hour candle.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #10,288
  • Sep 2, 2016 12:45pm Sep 2, 2016 12:45pm
Quoting billytt
{quote} We spoke about U/J earlier.. It did rise to the DP and retraced for +10/12 and went back up. nothing doing
How do you interpret information regarding the DP? This is so much more fun than my engineering calculus that is going to destroy me later.
  • #10,289
  • Sep 2, 2016 12:49pm Sep 2, 2016 12:49pm
Quoting billytt
{quote} don't forget NFP might kill any stop loss if used, it didn't last time. {image} chart off different broker.. Yesterdays 04-00 high failed but the low was good. How come you are still in trade??? only asking nicely.
How do I deal with the trade when it fails? Do I just cut my losses if it is weak, say it never goes into profit, and go work another pair to make the money back?
  • #10,290
  • Sep 2, 2016 12:55pm Sep 2, 2016 12:55pm
Good start to the month.
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  • #10,291
  • Sep 2, 2016 12:58pm Sep 2, 2016 12:58pm
Quoting claudia1
Good start to the month. {image}
Wow, fantastic stats
  • #10,292
  • Sep 2, 2016 1:01pm Sep 2, 2016 1:01pm
Quoting wannalearn12
{quote} Wow, fantastic stats
Thanks. Hey welcome to the thread.
  • #10,293
  • Sep 2, 2016 1:10pm Sep 2, 2016 1:10pm
Quoting wannalearn12
{quote} How do I deal with the trade when it fails? Do I just cut my losses if it is weak, say it never goes into profit, and go work another pair to make the money back?
What you have to do is figure that bit out yourself. Billy has a good strategy there and trades it is own way. You will will never be able to copy him. Make it your own using what Billy has provided to start with. Hope that makes sense. Good luck.
  • #10,294
  • Sep 2, 2016 1:12pm Sep 2, 2016 1:12pm
Quoting billytt
Dax Stats, 1st Sept 2015 to and including 29th Feb 2016. 133 trades and 118 wins edit,,, trades based on 06-00 2hour candle.
Is this the sort of two hour section you are looking at Billy?


Maybe set a oco order either side of high/low of closes of 6am to 8am bar Billy ?
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #10,295
  • Sep 2, 2016 1:17pm Sep 2, 2016 1:17pm
Quoting turnip15
{quote} Is this the sort of two hour section you are looking at Billy? Maybe set a oco order either side of high/low of closes of 6am to 8am bar Billy ? {image}
Not sure how you trading Dax but it doesn't open until 7.00 am London time. Unless you mean close of the 6.00 am bar looking for a break of Frankfurt open.
  • #10,296
  • Sep 2, 2016 1:17pm Sep 2, 2016 1:17pm
Quoting wannalearn12
{quote} How do I deal with the trade when it fails? Do I just cut my losses if it is weak, say it never goes into profit, and go work another pair to make the money back?
I think one thing people have to learn is to take a loss. For example, when Billy has a loss he will walk away and come back next day. he has losing trades, all people do. Avoid revenge trading ( must make that loss back). Make Billies ( or anyone else's) approach your own, as Claudia says.
every Saint has a past. Every Sinner has a Future
  • #10,297
  • Sep 2, 2016 1:19pm Sep 2, 2016 1:19pm
Quoting claudia1
{quote} Not sure how you trading Dax but it doesn't open until 7.00 am London time. Unless you mean close of the 6.00 am bar looking for a break of Frankfurt open.
Reading young Williams's posts, he seems to suggest taking in the two hour period between 6 am and 8 am ?
every Saint has a past. Every Sinner has a Future
  • #10,298
  • Sep 2, 2016 1:20pm Sep 2, 2016 1:20pm
Quoting turnip15
{quote} I think one thing people have to learn is to take a loss. For example, when Billy has a loss he will walk away and come back next day. he has losing trades, all people do. Avoid revenge trading ( must make that loss back). Make Billies ( or anyone else's) approach your own, as Claudia says.
Taking a loss on first trade is good as then the compounding procedure begins and in reality that's where the money is. Billy knows what I mean.
  • #10,299
  • Sep 2, 2016 1:21pm Sep 2, 2016 1:21pm
Quoting claudia1
{quote} What you have to do is figure that bit out yourself. Billy has a good strategy there and trades it is own way. You will will never be able to copy him. Make it your own using what Billy has provided to start with. Hope that makes sense. Good luck.
Thank you I will start taking down data over the next year and see what happens. I do see the dr1 r2 and so fourth as great tp's so far. I am still young and have lots of time, I hope 'P
  • #10,300
  • Sep 2, 2016 1:22pm Sep 2, 2016 1:22pm
Quoting turnip15
{quote} Reading young Williams's posts, he seems to suggest taking in the two hour period between 6 am and 8 am ?
Wait for his answer I guess. As long as he making money
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