Billytt Die happy trading e/j daily breakout | Page 815 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #16,281
  • Mar 30, 2017 6:33pm Mar 30, 2017 6:33pm
@Billly - if you want a new idea I got one and is so simple but you do the stats.
  • #16,282
  • Mar 30, 2017 7:13pm Mar 30, 2017 7:13pm
Quoting claudia1
@Billly - if you want a new idea I got one and is so simple but you do the stats.
hmmmmmm
Attached Image


ok
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,283
  • Mar 31, 2017 2:02am Mar 31, 2017 2:02am
Quoting jmn5611
{quote} I don't either WL12, none of us do. We just try to make money, and this thread is the lone haven for it. I venture out to other threads, but this one is one of the few that will work even if they pull mt4. If you move to Japan, and then to Pakistan, and then to Spain, and finally settle in Fargo, you will still make money.
I agree, never have I seen a thread where the 'system' per say wasn't the biggest topic of conversation. here It seems everyone jus talking about PIPS!
  • #16,284
  • Mar 31, 2017 2:02am Mar 31, 2017 2:02am
morning, t 08-01.. i shorted Dax on break of 07-55 bar and got my 10% then closed trade.

edit, manual entry which gained me a few points.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,285
  • Mar 31, 2017 2:03am Mar 31, 2017 2:03am
Quoting billytt
Quoting lemercenaire
{quote} I know Billy makes a point of sticking to his one base method but your reasoning re boredom is why I have built a package/group of overlapping methods that slot into the different parts of the day. yes indeed, i do get bored. If i need anything and don't want to pay for it i will trade for the money using 04-00 break. a few weeks ago i traded for a guy but this time i traded Cable off the 07-45 bar which is slightly different approach. I am always looking at new ideas (or new to me) I actually only came back to
...
isit a book that is trading related? that would be very interesting I would definitely pay for a copy
  • #16,286
  • Mar 31, 2017 2:03am Mar 31, 2017 2:03am
Nice start to the day with my morning cuppa:
EURGBP T15 (Lem Frankenbreak)

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-03-31_0758.png Size: 22 KB
  • #16,287
  • Mar 31, 2017 2:04am Mar 31, 2017 2:04am
Quoting claudia1
@Billly - if you want a new idea I got one and is so simple but you do the stats.
Does it involve selling Cable by any chance?
  • #16,288
  • Mar 31, 2017 2:06am Mar 31, 2017 2:06am
Quoting Piphunter00
{quote} I agree, never have I seen a thread where the 'system' per say wasn't the biggest topic of conversation. here It seems everyone jus talking about PIPS!
Hi Piphunter, we have some decent methods in here and they all provide.
We are trading methods which are more or less made to suit the trader.
Trade well bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,289
  • Mar 31, 2017 2:06am Mar 31, 2017 2:06am
Quoting lemercenaire
{quote} Does it involve selling Cable by any chance?
you shorted your frankenbreak? or the 4am h4 that jus got broken?

when the h4 bar is very big does this add some concern to the setup? I see the h4 bar only broke +5 before reversing right at this moment. guess if bill was jus after his 5 he would of bin out of the game and back to the hills with profit though eh
  • #16,290
  • Mar 31, 2017 2:07am Mar 31, 2017 2:07am
Morning all. Pent has joined the Early-Bird club I see using v2. Nicely done, that man.

Here's the view from Villa Gorilla:

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15FBdonebyatouch31stMarch17v1.png Size: 35 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15FBdonequickly31stMarch17v2.png Size: 38 KB
  • #16,291
  • Mar 31, 2017 2:10am Mar 31, 2017 2:10am
Quoting billytt
{quote} Hi Piphunter, we have some decent methods in here and they all provide. We are trading methods which are more or less made to suit the trader. Trade well bud.
thank you very much billy. this thread is empowering. my interest in finding simplicity was drawn in by tooslow's threads then I saw Lem frequented this thread quiet a lot so quickly browsed over it and I don't intend on looking back lol. over the weekend I plan on working up some statistics over the past year or two (however much I can cram in) on the cable and then start my journey

are the stops used in the h4 breakout (if one is to use stops as opposed to a counter) based on the other extreme of the candle or is this something found through the stats. I know you mentioned something about 20 pips for ur stats in a certain post bill but I cant recall if that was pertaining to the h4 breakout or the ol daily break
  • #16,292
  • Mar 31, 2017 2:16am Mar 31, 2017 2:16am
anyone catch the witching hour 23:00 variant on the cable? that thing flew up 30 pips with conviction lool
may have to change my sleep pattern
  • #16,293
  • Mar 31, 2017 2:32am Mar 31, 2017 2:32am
Quoting Piphunter00
{quote} you shorted your frankenbreak? or the 4am h4 that jus got broken? when the h4 bar is very big does this add some concern to the setup? I see the h4 bar only broke +5 before reversing right at this moment. guess if bill was jus after his 5 he would of bin out of the game and back to the hills with profit though eh
Sorry, did I short the Frankenbreak? No, I was talking about Claudia's favourite hobby of shorting Cable at every available opportunity.
  • #16,294
  • Mar 31, 2017 2:34am Mar 31, 2017 2:34am
Quoting Piphunter00
{quote} you shorted your frankenbreak? or the 4am h4 that jus got broken? when the h4 bar is very big does this add some concern to the setup? I see the h4 bar only broke +5 before reversing right at this moment. guess if bill was jus after his 5 he would of bin out of the game and back to the hills with profit though eh
For me, a large bar is a bonus, as I trade with the addition of alien techniques, which means I will happily trade the break back inside the body.
  • #16,295
  • Mar 31, 2017 2:37am Mar 31, 2017 2:37am
Quoting Piphunter00
anyone catch the witching hour 23:00 variant on the cable? that thing flew up 30 pips with conviction lool may have to change my sleep pattern
There was some good surfing to be had last night for sure.

Also remember that as per your comment about sleeping patterns, yes you will obviously maximise your efforts by trading through, that's the whole point of it, however you can also surf those levels right through the day (or at least until The Dead Zone kicks in). You will often catch excellent moves around Frankfurt and UK Opens and anywhere in between.
  • #16,296
  • Mar 31, 2017 2:42am Mar 31, 2017 2:42am
Quoting lemercenaire
{quote} For me, a large bar is a bonus, as I trade with the addition of alien techniques, which means I will happily trade the break back inside the body.
no surprise there lem. hows the weather in krypton anyway? what would you suggest for a mere earthling jus getting started with this?
ive been sitting here for about half an hour attempting to compile some questions to find statistics on over the coming weekend and I'm trying very lost to figure out what would be the best way to find an ideal 'stop' I know most of you guys counter but I wouldn't want to try fly the spaceship without alien certification yet

think my heads jus a bit boggled because I realize theres a million different questions that could be posed

I have already listed down the obvious ones, like tracking how many points a boundary gets broken by etc etc but of course I need to also focus on when the trade is going to go sour
  • #16,297
  • Mar 31, 2017 2:42am Mar 31, 2017 2:42am
Quoting lemercenaire
{quote} There was some good surfing to be had last night for sure. Also remember that as per your comment about sleeping patterns, yes you will obviously maximise your efforts by trading through, that's the whole point of it, however you can also surf those levels right through the day (or at least until The Dead Zone kicks in). You will often catch excellent moves around Frankfurt and UK Opens and anywhere in between.
ahh so that's what you aliens mean by surfing, see here on earth when we surf we just take a cool shaped plank and stand on it in water
  • #16,298
  • Mar 31, 2017 2:43am Mar 31, 2017 2:43am
Quoting Piphunter00
{quote} thank you very much billy. this thread is empowering. my interest in finding simplicity was drawn in by tooslow's threads then I saw Lem frequented this thread quiet a lot so quickly browsed over it and I don't intend on looking back lol. over the weekend I plan on working up some statistics over the past year or two (however much I can cram in) on the cable and then start my journey are the stops used in the h4 breakout (if one is to use stops as opposed to a counter) based on the other extreme of the candle or is this something found through...
Billy will confirm with you one way or the other - but if it were me, I would trade the AU H4 04:00 Billy-Bar in place of GU. The stats for that are astounding, based on +5 on the break and >+20 on the return if the original fails.
  • #16,299
  • Mar 31, 2017 2:46am Mar 31, 2017 2:46am
Quoting lemercenaire
{quote} Billy will confirm with you one way or the other - but if it were me, I would trade the AU H4 04:00 Billy-Bar in place of GU. The stats for that are astounding, based on +5 on the break and >+20 on the return if the original fails.
advice taken. thank you for that pointer I will do just that lem
  • #16,300
  • Mar 31, 2017 2:47am Mar 31, 2017 2:47am
Quoting lemercenaire
{quote} Billy will confirm with you one way or the other - but if it were me, I would trade the AU H4 04:00 Billy-Bar in place of GU. The stats for that are astounding, based on +5 on the break and >+20 on the return if the original fails.
this is basically what I'm stuck trying to structure a question about. how can I go about determining a failure when going back over the historical data to then find out cool alien stuff like how much u can squeeze out of a failed trade

you also seem to involve the body of the candle a lot aswell lem. whats the basis behind that, does it play a role in 'failures' or countering when the original break of a boundary isn't clucking like it should be
148 traders viewing now