Sorry to hear that. What pair/instrument is that on the graph?

Billytt Die happy trading e/j daily breakout

Great suggestion! We may do just that and read that book next.

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

Good day all, Today, I am sharing notes and thoughts from Chapter 1 "THE BIOLOGY OF A MARKET BUBBLE". Highlighted thoughts, "Hunger, thirst, pain, oxygen debt, sodium hunger and the sensations of heat and cold, for example, have accordingly been ...

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

Thank you very much for sharing your findings with us! Always gems.

Billytt Die happy trading e/j daily breakout

Morning! Thank you stringfx and the others here for sharing your view. Anyone trading cable, GBPUSD? Would be great to see how it may develop based on Elliot Waves.

Elliot Wave Analysis

Morning! You are early. Early bird gets the worm, they say? Stats would be wonderful! Last week I started collecting stats by hand on 08-00 M15, will add 00-00 H4. Look forward to hearing from you and to some stats on 00-00 4 hour bar. Safe travels!

Billytt Die happy trading e/j daily breakout

Morning, Sir Billy! Sounds like I need to work on 00-00 and 04-00 4 hour bars next. Same idea - first break and +5?

Billytt Die happy trading e/j daily breakout

Good evening, Sir Billy! This is helpful. I think it is getting clearer. So, -20 is the maximum loss we would endure? Then the question is, when do you get out of all these trades? Do you wait for the first break to retrace and get +5 and only then ...

Billytt Die happy trading e/j daily breakout

Hmm. Do you mean you enter again in the direction of the bad trade so that when the price returns halfway, it evens out?

Billytt Die happy trading e/j daily breakout

I see. Maybe, an example would help? For instance, what if the first break fails to get +5, then you counter at the second break, right? If so, what would you do next to fix it?

Billytt Die happy trading e/j daily breakout

Hola, mi amigo! Thanks for the advice. Grabbed 5 each day and 10 each of the last four days. Billy's approach implies sitting through a drawdown because of the stats. Wanted to follow it to a tee. Switching gears, what strategy have you found to be ...

Billytt Die happy trading e/j daily breakout

The week is almost over so there is time for some reflections. This week I was trading Billy bar and ended all in green. Was shooting for a break of 08-00 M15 on GBPUSD. The first break each day gave +5 each day. Maximum draw down was 47 pips. If I ...

Billytt Die happy trading e/j daily breakout

About brokers, which are better for traders? Spread- or commission-based? Slippage more common on either? God used to spread-based, but willing to switch back if more advantages.

Billytt Die happy trading e/j daily breakout

IG

Billytt Die happy trading e/j daily breakout

Because it feels like Christmas for indicators' junkies today, here is another one. No Sunday bar.

Billytt Die happy trading e/j daily breakout

Let's talk about slippage. A broker sold my pre-set trade with 3 (three!) pip difference not in my favor. The same broker did not close my TP though the price went through it twice. Should I simply accept it as the truth of life, or are there ways ...

Billytt Die happy trading e/j daily breakout

Thank you for sharing! How close is it to Billy's ADR?

Billytt Die happy trading e/j daily breakout

Whuh not? ;-) It's just a game. It's just a demo. On a more serious note, grabbed +6 on the way down already.

Billytt Die happy trading e/j daily breakout

When you calculate the ADR, do you simply take the ranges, from High to Low, of the last five work days and divide by five? Do you use any tools?

Billytt Die happy trading e/j daily breakout

Morning! Let us. The lot is cast. The lines are set.

Billytt Die happy trading e/j daily breakout