Billytt Die happy trading e/j daily breakout

SB, was you ok with my chart explanation? i can explain more if you want.
Or anyone, just ask

Billytt

After almost 3 months for 04:00 and daily break please find below my personal analysis :

1. the best 04:00 break to trade everyday is G/U far less fails than A/U
Question : do you confirm that this 3 months stats confirm your longer period stats or just recently A/U get bad outcome ?

2. the best daily break to trade everyday is E/J far less fails than G/U

3. about Dax 7:55 this week : F: fail, W:+10.
Monday: F. W
Tuesday: W
Wednesday: W
Thursday: F. W
Friday: F. F. W (2 consecutive fails before 1 Win)

I understand that you don't like to use the word martingale but , in order to be break even Friday we have to double the lot size of at least the third position , because the 7:55 candle size is 8 ticks so if i include spread we have 2 losses of 10 ticks (i take into account slippage) do you agree with it ?

Attached : 2 charts :
1. Dax 7:55 Friday
2. this week E/J daily break .



SB

[quote=slowbrain;9707851]{quote} Billytt After almost 3 months for 04:00 and daily break please find below my personal analysis : 1. the best 04:00 break to trade everyday is G/U far less fails than A/U Question : do you confirm that this 3 months stats confirm your longer period stats or just recently A/U get bad outcome ? 2. the best daily break to trade everyday is E/J far less fails than G/U 3. about Dax 7:55 this week : F: fail, W:+10. Monday: F. W Tuesday: W Wednesday: W Thursday: F. W Friday: F. F. W (2 consecutive fails before 1 Win)

WOW, good learner SB,
E/J on the Daily Break is Queen.
A/U 04-00 Break is excellent..
07-55 Dax. you are correct. The Range is always low and easy to trade and yes we have losses BUT it is the opposite trade which makes it good.
It does fail both ends BUT you adjust your future lot size knowing you have good odds to get the loss back.
It may take a day or 2 or 3 but you will get it back. You can double your lot size but this isnt Martingale, you dont keep doing it .
i am looking for 10 points on a trade, sometimes the open will make you a lot more, this can off set a loss. Obviously i am happy with 5.
It is also the manual entry on the first trade which is a bonus as you do it just before the open, this way you can make %% even if it fails. The opposite end trade is already a pending order, this is a must. And yes slippage/spread is always taken into account.

[quote=slowbrain;9707851]{quote} Billytt After almost 3 months for 04:00 and daily break please find below my personal analysis : 1. the best 04:00 break to trade everyday is G/U far less fails than A/U Question : do you confirm that this 3 months stats confirm your longer period stats or just recently A/U get bad outcome ? 2. the best daily break to trade everyday is E/J far less fails than G/U

I understand that you don't like to use the word martingale but , in order to be break even Friday we have to double the lot size of at least the third position ,

You can trade a 3rd time, i personally wouldnt double up on it BECAUSE WE hAVE GOOD ODDS OF MAKING %%% in future trades.
Only trouble with trading on the 08-00 open, it usually ends very quick and then you wait 24 hours to do it again. lol. you need patience.
The %%% will come to you.
Pssst look at frankie open at 07-00 and trade opposite the 06-55 colour.

i am away now to my Lady's, she has something for me lol. it will involve a hammer and drill no doubt.

So i believe you are still young ..... my girlfriends was talking about it as a drill or hammer when i was much younger.......

Thanks a lot Billytt and enjoy your week end

SB

lol, no my friend you are wrong, i am a lot older than i sound.i just happen to be fit and strong and very youthful.lol

Billy's secret:

A swig of the "Elixir" followed by some meditation.

And obviously extremely modest mate

hi bud, i am modest. The way i speak in here may make me sound young but i am not. (i could say i am 25 lol)
I play rugby ,go on my weights and work the door most weekends for my mate. I am a happy bunny.

lol, i could do with some now as i feel like an old man, body aching. i built my Lady a raised flowerbed today,
It took 9 hours lol. i had a couple of problems but it all came good.. Then she filled it with flowers and it looks good.

new week to trade. Trade well all.

t 07-57. Trade well all, i will trade Dax off the 07-55 bar. Hopefully it will have a good colour to trade off if not the bias is long.. lets see.

Good morning Billy and all. The week's starting off at a crawl for me, as although both variants have triggered sells, The Frankfurt Break is dawdling along...

...oops, quick edit: A nice spike gets v2 its target...



I am trying a new thing this week and have countered immediately on v1, as it has just failed to reach its target.

Ok, back. Over on the Brent-US Crude Diff front, I haven't taken a trade here today, as it would have technically have come off the 02:00 candle (clock change stuff, I'm assuming), so I want to see how it runs through to tomorrow. There would have been a mega-quick spike north to bag the profit out of the gate but as I said, I wasn't in on it.

t 09-05 i have tried to place 2 posts but having lots of trouble with FF..
Dax broke 07-55 bar short which i traded, i got 10% and it was a manual entry.
It retraced then dropped again,
Today was actually a fail for my stats.
I am now away to my Ladys, Have a good day all.

You too, Billy - don't strain anything

NB: (Mr-T) Remember that due to the clock change in the uk over the weekend, The Dead Zone Trigger Bar runs off the 12:00 (noon) - 13:00 UK-Time candle again.

Cable 4 hour ( 4 am bar)
Long Billy style or Wick Zone style - both collected Five plus pips.

More testing on the 30min -7:30 to 8 am bar. I make it a loser -down bar ( 8 bars from the right) broke short and promptly reversed).

Couldn't see a profitable 123 there Lem ?

Comment welcome.

V1 came good in the end...



Mr-T, I'll have a look at your question above and get back to you after The DZ kicks off. EJ for me today - probably Sell. Your UC is looking good for movement as well, probably back inside on a Buy...maybe, probably, possibly...