Billytt Die happy trading e/j daily breakout | Page 848 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #16,941
  • Apr 20, 2017 3:09pm Apr 20, 2017 3:09pm
XAUUSD
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GER30
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  • #16,942
  • Apr 20, 2017 4:51pm Apr 20, 2017 4:51pm
Thanks for all the info here, charts esp.
I am still getting to grips with the new times, happy trading all
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Onwards and upwards...
  • #16,943
  • Apr 20, 2017 6:58pm Apr 20, 2017 6:58pm
Quoting soccerfan
Thanks for all the info here, charts esp. I am still getting to grips with the new times, happy trading all {image}{image}
OK, I'll bite...why do two of them have black eyes?!

Plus, that's a hell of a big seagull - you'd need to watch your chips around that guy ...
  • #16,944
  • Apr 20, 2017 7:42pm Apr 20, 2017 7:42pm
Quoting lemercenaire
{quote} Just for Mr-T... {image} https://www.youtube.com/watch?v=f4Mc-NYPHaQ
OMG that is so me, yaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,945
  • Apr 20, 2017 9:46pm Apr 20, 2017 9:46pm
Quoting lemercenaire
{quote} OK, I'll bite...why do two of them have black eyes?! Plus, that's a hell of a big seagull - you'd need to watch your chips around that guy ...
Whist I research the mystery of the bollards with black eyes...can u tell me how many of the pairs are traded by you typically ? I have got as much as 3 at once..!!
Meanwhile, did you mention chips.?
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Onwards and upwards...
  • #16,946
  • Apr 21, 2017 1:14am Apr 21, 2017 1:14am
Today's trading results:

  1. EURGBP FB +4.0 pips (Considered it as 4.0 pips because -6.0 pips + 5.0 pips (but double the position size))
    Unlike yesterday's clean trade, I had to counter today. The day I decided to up the risk just for one day to get a bit more gains. Why oh why. LOL
    Buy triggered. Price went against me. Countered at the FB low with double the position while closing out the buy (So -6.0 pips from the buy). Went for 5 pips below FB low. When I was 1 pip away from the target, price retraced and stressed me out , but price eventually went back down. Target was hit.

EURGBP M15

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  • #16,947
  • Apr 21, 2017 1:30am Apr 21, 2017 1:30am
Quoting StudyFX
Today's trading results: EURGBP FB +4.0 pips (Considered it as 4.0 pips because -6.0 pips + 5.0 pips (but double the position size)) Unlike yesterday's clean trade, I had to counter today. The day I decided to up the risk just for one day to get a bit more gains. Why oh why. LOL Buy triggered. Price went against me. Countered at the FB low with double the position while closing out the buy (So -6.0 pips from the buy). Went for 5 pips below FB low. When I was 1 pip away from the target, price retraced and stressed me out ,...
Wot he sed...

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Only difference was I came in with the counter at fib 61.8 (fib across the range-box). These tiny ranges are always prone to head-fakes as it doesn't take much of a move to run price out of the box.
  • #16,948
  • Apr 21, 2017 1:35am Apr 21, 2017 1:35am
Also, both the original variants hit their own targets as well. Not traded by me...

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  • #16,949
  • Apr 21, 2017 2:45am Apr 21, 2017 2:45am
Quoting soccerfan
{quote} Whist I research the mystery of the bollards with black eyes...can u tell me how many of the pairs are traded by you typically ? I have got as much as 3 at once..!! Meanwhile, did you mention chips.? [attach]Screenshot_2017-04-21-12-47-24.png;2275078[ {image} {image}
How many pairs? How long's a piece of string?

If you mean on The Dead Zone, then I have settled on one per session. I have traded as many as six at one time when I was working on the method originally - that got a bit mental. There is a sequence I check - the order I post the charts in, basically - and I look for reasons not to take that pair. If there are none, then it goes on the list.

Frankfurt Break is only traded on EG.

I'll look at a Billy-Bar trade on AU and/or GU and/or EJ if I get the chance (though my default is my Diff trade if the AU or whatever hasn't kicked off yet).

I run that Differentials account and trade a Billy-Bar/Wick-Zone combo on the Brent-US Crude 05.00 H4 candle on that. I will also occasionally add in the same for one of the other diff pairings if I have the time and/or inclination.

On HOLO I take whatever set-up I come across that looks good.

For 1-2-3, it used to be the same, however recently I have been running it on the indices markets, where it is proving to be golden. I will get in on anywhere between one and five on any given day (US30, US500, UK100, DE30 and FranceCash) depending on how fast my trigger-finger is. Once they are up-and-running, they need a minimum of management.

The Witching Hour follows along the same lines as The Dead Zone.

If I'm twiddling my thumbs, I will scalp EJ. Keeps me out of mischief.

Remember, this doesn't mean I am running all of this at the same time - far from it. Each method is designed to fill a specific slot in my day. Some days I get something in all, some days (admittedly extremely rare days) I will get nothing.

I never stop researching, never stop learning. Knowledge is power.
  • #16,950
  • Apr 21, 2017 2:48am Apr 21, 2017 2:48am
Oh and there's also the DAX-Monster, following Billy's lead of trading the 07.45 or 07.30 bar. I run it as a WZ trade if I get in at all but I have been looking at the possibility of surfing the thing as it bounces around the zones through the day.
  • #16,951
  • Apr 21, 2017 3:03am Apr 21, 2017 3:03am
Billy-Bar options...UC tight long? AU short? Both done as WZ trades (so UC will be long out of the lower zone and AU short out of the upper zone).
  • #16,952
  • Apr 21, 2017 3:04am Apr 21, 2017 3:04am
Cable 4am (four hour) bar so far -"Billy Bar" and "Wick Zone -Lems)-long
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every Saint has a past. Every Sinner has a Future
  • #16,953
  • Apr 21, 2017 3:11am Apr 21, 2017 3:11am
morning, t 09-09 Cable 07-45 High broke for 10+, i kept 10%.
dax broke low for %%% which i did not trade.
All done for the day and i can go out now.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,954
  • Apr 21, 2017 3:11am Apr 21, 2017 3:11am
6 straight wins for this thing. I have to admit this week it's ahead of me which is worrying !

@Lem will reply haven't forgotten.
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  • #16,955
  • Apr 21, 2017 3:35am Apr 21, 2017 3:35am
Quoting turnip15
Cable 4am (four hour) bar so far -"Billy Bar" and "Wick Zone -Lems)-long {image}
Now look at it ( Red bar)-about turn and South into the body of the green trigger bar ( ala Lem wick zone)-for a nice +5 at least.
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every Saint has a past. Every Sinner has a Future
  • #16,956
  • Apr 21, 2017 3:43am Apr 21, 2017 3:43am
Quoting claudia1
6 straight wins for this thing. I have to admit this week it's ahead of me which is worrying ! @Lem will reply haven't forgotten. {image}

Started with 10K on monday ... but yesterday was rock and roll ...... same here no Loss but DD is important parameter to take into account
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trying to make everyday the best risk/reward decisions possible
  • #16,957
  • Apr 21, 2017 3:45am Apr 21, 2017 3:45am
t 09-43 Cable just broke 04-00 bar low, we can now look for the Daily range Low (i did) lol.
Obviously have not gone out yet
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,958
  • Apr 21, 2017 3:48am Apr 21, 2017 3:48am
Quoting slowbrain
{quote} Started with 10K on monday ... but yesterday was rock and roll ...... same here no Loss but DD is important parameter to take into account {image}
Totally agree - yesterday was under around 130 pips at one point before it turned. On live account I wouldn't let that happen and would probably have taken a loss.

What they don't understand on the thread is that to run 28 pairs with a 200 hard stop you need a serious account balance.
  • #16,959
  • Apr 21, 2017 3:59am Apr 21, 2017 3:59am
Quoting claudia1
{quote} Totally agree - yesterday was under around 130 pips at one point before it turned. On live account I wouldn't let that happen and would probably have taken a loss. What they don't understand on the thread is that to run 28 pairs with a 200 hard stop you need a serious account balance.
It is land of dreams stuff where Unicorns live
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #16,960
  • Apr 21, 2017 4:00am Apr 21, 2017 4:00am
Quoting billytt
{quote} It is land of dreams stuff where Unicorns live
lol you not wrong. Now go do some ironing.
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