Hello all, Today's report: - 00-00 H4 - low break +5 - 08-00 M15 - low break fail - 08-00 M15 - high break +10 - 04-00 H4 - high break +15 - 00-00 H4 - high break +10*2 Total: 50 pips in one day, minus the fail of M15. Woohoo, what a day! ...

Billytt Die happy trading e/j daily breakout

We should call for emergency PC help!

Billytt Die happy trading e/j daily breakout

Good day to you! Here to share notes from chapter four "Gut Feelings". This chapter is all about guts and intuition, as opposed to the previous chapter which was all about the brain. Highlighted more than usual because this is a topic of interest to ...

Book Discussion: The Hour Between Dog and Wolf by Dr. Coates

Indeed! The Low was a 00 number. Do you have stats on how far it usually retraces when the prev break is shorter than 5? Same 10?

Billytt Die happy trading e/j daily breakout

Good day, sir Billy! Gotta appreciate the waterfall of wisdom from you. Is there a concise guide to trade retrace/fail? I think I got a general idea and just need a description to make sure I got it right. Thanks!

Billytt Die happy trading e/j daily breakout

Hello to all, It's Saturday. The market is closed so there is time to talk about other things. Here are my notes from chapter 3 "THE SPEED OF THOUGHT". Quotes: "We are now going to look at Martin’s trade much as an athlete’s coach would, as a ...

Book Discussion: The Hour Between Dog and Wolf by Dr. Coates

Sir Billy, This got me thinking. With three bars, there are up to 6 possible trades. If each but one gives 10 pips and M15 gives 5, that's up to 55 pips-o-points daily. Cheers!

Billytt Die happy trading e/j daily breakout

Looks great! Let me fill in some details. This is trading a break of 00-00 H4 (from my stats of M15, it hits 10-15 on average). Next, let's take the line of stats from an earlier post: 50-100--41-70-50-46-29/// ...

Billytt Die happy trading e/j daily breakout

Lol! But is it true? ;-) That's alright. Use the lingo that is convenient for you. I think I got the difference now. Will look forward to some stories. Is there a pic? lol

Billytt Die happy trading e/j daily breakout

Sir Billy, Always wonderful when you share some stats. Thank you for that! Also, appreciate it very much for teaching me and others how to counter! Some credit goes to Lem! Countering is one of the best skills out there. To trade, we got to start ...

Billytt Die happy trading e/j daily breakout

Was ist das, db? Without any prior warning? On a more serious note. That was an interesting detour on M15. Broke High for almost nothing, broke Low for 16, and then went up above the High for 5. Go figure!

Billytt Die happy trading e/j daily breakout

Got "boring" +10 on 2nd break of M15. Sir Billy, do you think it makes sense to make it a rule to trade only 2nd breaks on Fridays? Less risky and why hang over a weekend, paying swaps.

Billytt Die happy trading e/j daily breakout

Morning, all! I'd like it to go to 12914. ;-)

Billytt Die happy trading e/j daily breakout

Was watching closely as well. Got some pips along the move. Yay! How did you get the mini level high at 12990? Going back a few days does not help. ;-)

Billytt Die happy trading e/j daily breakout

Sir Billy, Let's talk about the size of 08-00 M15 bar. 40 pips bar is too big. Which value is too small? Is there a fork of a tradable bar? If I were to venture a guess, I'd say 15-30. What would you say?

Billytt Die happy trading e/j daily breakout

Morning, sir Billy! Thinking about the mini-lelvels, are these the levels where the price stumbled/reversed during the previous day? What is your definition? I am a few hours ahead of London. But you still may need a couple hours of z's ;-)

Billytt Die happy trading e/j daily breakout

Thank you for this explanation. Appreciate your advice about one timeframe and stops. For Billy Bar, one timeframe seems to be best - M15 with two lines, High and Low of 00-00 H4. Stops are safe. Countering is much more challenging but is also more ...

Billytt Die happy trading e/j daily breakout

Good to have you back. Can you comment about the use of 04-00 H4 bar? Today it's low served as support for a couple of attacks on the upper of 00-00 H4. How can one trade 04-00 H4 bar?

Billytt Die happy trading e/j daily breakout

Same times for a reversal?

Billytt Die happy trading e/j daily breakout

Interesting. How about GBPUSD? Anything similar?

Billytt Die happy trading e/j daily breakout