Billytt Die happy trading e/j daily breakout | Page 614 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #12,261
  • Nov 15, 2016 1:31pm Nov 15, 2016 1:31pm
Back in the saddle today - turns out it wasn't so bad after all ...

I'm still in on the CADJPY runner as that was one I had gone back down into a Wick-Zone trade and so had a bit of time to think it over. It also then moved so smoothly that I never had any cause to jump in early as I did on the EURJPY when the wicks started to appear.

All fun in the sun...

EURJPY
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USDCAD
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AUDUSD
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USDNOK
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GBPNZD
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  • #12,262
  • Nov 15, 2016 1:33pm Nov 15, 2016 1:33pm
Audnzd
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gbpusd
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cadjpy
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nzdusd
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  • #12,263
  • Nov 15, 2016 3:59pm Nov 15, 2016 3:59pm
Oh dear bye bye MT4- http://www.forexfactory.com/news.php?do=news&id=615189
  • #12,264
  • Nov 15, 2016 4:05pm Nov 15, 2016 4:05pm
Quoting claudia1
Oh dear bye bye MT4- http://www.forexfactory.com/news.php?do=news&id=615189
Well then, I wonder if some of my ea's will transfer... everything in my head tells me no... So I guess brokers are going to switch to mt5?
  • #12,265
  • Nov 15, 2016 4:13pm Nov 15, 2016 4:13pm
Quoting claudia1
Oh dear bye bye MT4- http://www.forexfactory.com/news.php?do=news&id=615189
Should take a while to happen.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #12,266
  • Nov 15, 2016 4:55pm Nov 15, 2016 4:55pm
Quoting TooSlow
{quote} Should take a while to happen.
Maybe. But at the end of the day they in charge and know it.
  • #12,267
  • Nov 15, 2016 5:52pm Nov 15, 2016 5:52pm
Quoting wannalearn12
{quote} Well then, I wonder if some of my ea's will transfer... everything in my head tells me no... So I guess brokers are going to switch to mt5?
'' MT5 was previously struggling to keep up with MT4 and our other offerings...'', so instead of trying to figure out why, we'll just force you to change from the platform you actually want to use instead...''
  • #12,268
  • Nov 16, 2016 3:32am Nov 16, 2016 3:32am
CAD 1 Hour 7 am bar -broken nicely
Cable 4 am bar (4 hour) Bar break

MT4 on way out ? Is ProRealtime worth using on IG site ??
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every Saint has a past. Every Sinner has a Future
  • #12,269
  • Nov 16, 2016 6:22am Nov 16, 2016 6:22am
Quoting pipshaman
Hello guys! Did anyone followed the Billyt original system and made any good money!? I ask because I am looking for a reliable system, you know guys, my GF want a new pair of shoes every 2 weeks and I also want to change my old Golf4 with a Porche 911, if is posible. Now, I have seen the first chart posted by the Billytt and I have seen a RSI on it but the Billytt does not mention about RSI in his daily break system, what is the role of that RSI guys? Thanks and regards!!!
Hello Pipshaman and welcome.
The thread has evolved from E/J Daily Break to trading the 04-00 4 hour break (WHICH IS EASIER) and we also have excellent inputs from others including Lems 12-00 dead zone break.
Get the method right and stay in control and you will get the porsche and the shoes.you can pick up a porsche quite cheaply these days unless it is new.
RSI ?if you bring this into play you will have to adjust the method. i tell why in next post
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,270
  • Nov 16, 2016 6:25am Nov 16, 2016 6:25am
Quoting claudia1
{quote} It is all a game right now.. I keep shorting g/u got around 30 opens at the moment lol. Some are in the red but most in front. Hard work managing that many - once upon a time would have found that easy. Oh well. Doing good on equities up 21% for ytd which is cool.
i am trading now with several opens, some long & some short (or was)(not 30) lol... they cancel each other out and bear fruit..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,271
  • Nov 16, 2016 6:44am Nov 16, 2016 6:44am
[quote=pipshaman;9254832]Hello guys! Did anyone followed the Billyt original system and made any good money!? I ask because I am looking for a reliable system,
. Now, I have seen the first chart posted by the Billytt and I have seen a RSI on it but the Billytt does not mention about RSI in his daily break system, what is the role of that RSI guys?
Chart is A/U Daily not E/J
Attached Image

we are over bought, HOW FAR IS OVERBOUGHT???
we have break of high for at least +10 TO +20..
majority of the time we are mid way with rsi. i did cherry pick this chart..
i personally never looked at rsi just trade the break....

you do need to be able to fix a bad trade though
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,272
  • Nov 16, 2016 6:52am Nov 16, 2016 6:52am
[quote=billytt;9257677][quote=pipshaman;9254832]Hello guys! Did anyone followed the Billyt original system and made any good money!? I ask because I am looking for a reliable system, . Now, I have seen the first chart posted by the Billytt and I have seen a RSI on it but the Billytt does not mention about RSI in his daily break system, what is the role of that RSI guys?

the role of rsi is just to confuse us traders, how high is high and how low is low?
Also regarding buying when a pair is overbought, Think of a car travelling and slamming the brakes on, it does not stop dead.
Same as a pair , it moves and (breaks high/low)and doesn't stop dead ((( ok sometimes it does)))it normally either carries on or will get +10 . we have the stats to prove it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #12,273
  • Nov 16, 2016 7:47am Nov 16, 2016 7:47am
Busy so far down in the Dead Zone. USDCAD, USDNOK and GBPUSD were a bit ''One for all and all for one!...'' and all that, didn't mess about. I didn't manage to juggle well enough to add NZDUSD, AUDUSD or the other pairs - three kicking off at near enough the exact same time was enough for me.

That CADJPY rocket from yesterday finally closed...most certainly had a good night's sleep knowing that was all locked in tight. Today's all jam...

Attached Image (click to enlarge)
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  • #12,274
  • Nov 16, 2016 7:51am Nov 16, 2016 7:51am
Quoting billytt
{quote} Hello Pipshaman and welcome. The thread has evolved from E/J Daily Break to trading the 04-00 4 hour break (WHICH IS EASIER) and we also have excellent inputs from others including Lems 12-00 dead zone break. Get the method right and stay in control and you will get the porsche and the shoes.you can pick up a porsche quite cheaply these days unless it is new. RSI ?if you bring this into play you will have to adjust the method. i tell why in next post
Dancing shoes ?
:-)
every Saint has a past. Every Sinner has a Future
  • #12,275
  • Nov 16, 2016 8:03am Nov 16, 2016 8:03am
Curious about the old E/J which started this thread - Came out okay for a short in Lems "Dead Zone."
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #12,276
  • Nov 16, 2016 8:04am Nov 16, 2016 8:04am
Quoting turnip15
{quote} Dancing shoes ? :-)
RSI = really stupid indicator
  • #12,277
  • Nov 16, 2016 8:10am Nov 16, 2016 8:10am
And my usual CAD Lems "Dead Zone"
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every Saint has a past. Every Sinner has a Future
  • #12,278
  • Nov 16, 2016 8:14am Nov 16, 2016 8:14am
That's it for now - I have paintings to work on. Mrs T. is in the kitchen trying out her new cooker - cakes being made
every Saint has a past. Every Sinner has a Future
  • #12,279
  • Nov 16, 2016 8:22am Nov 16, 2016 8:22am
@billytt, thanks for your prompt and honest answer. I will re-read your first post. Off-Topic, can anyone guide me to the LEMS Dead Zone trading system, you know guys, we never have to stop learning. I currently trade classical chart patterns and breakouts but I also want to learn more and more.
Thanks and best regards!!!
  • #12,280
  • Nov 16, 2016 8:39am Nov 16, 2016 8:39am
Quoting turnip15
Curious about the old E/J which started this thread - Came out okay for a short in Lems "Dead Zone." {image}
It always does, T15! Just keeps on chuggin' along...That's why it's at the top of the Dead Zone Go-To list. It just so happens that I was looking at the USD pairs as they kicked off today.

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