Everyone has their own take on it but personally I think a counter at say any more than - 10 or - 15 becomes a lot harder to unwind. If I was trading a range of 30, I would probably use a stop and aim for 50-60+ at the other end. If you fail more ...

Billytt Die happy trading e/j daily breakout

The breakout bar closed too close to TP1. This is why this was not a great setup.

Trade Outside the Box (TOTB)

Out of the 3 valid set ups, were UJ and EJ a loss today? And GJ a winner? According to the rules?

Trade Outside the Box (TOTB)

According to your shared correlation sheet, GBPJPY and GBPUSD have a negative correlation of - 77, which would mean they should move in the opposite direction most of the time. I have observed that they tend to move in the same direction most of the ...

Trade Outside the Box (TOTB)

Morning all. Billy doing wick zone trades? Nice. A good trader knows when to adapt. Also great to see everyone is trading as per normal. I had a feeling market manipulation would be rife but doesn't really seem to be the case (other than the darned ...

Billytt Die happy trading e/j daily breakout

Hi, Thanks for sharing this strategy. Do you ever find that if you have a losing trade on GJ, you have a losing trade on GU on the same day? Or do they appear to work differently? I've also been looking at the 8am-9am 1 hour bar (UK time). If you ...

Trade Outside the Box (TOTB)

Even worse now at 18 dollars. Absolutely bonkers. Wonder why.

Billytt Die happy trading e/j daily breakout

Morning all. Lem good to see you're back. What are all the extraterrestrial stats on the right side of your chart? They have piqued my curiosity lol.

Billytt Die happy trading e/j daily breakout

Much friendlier at US open today (12pm UK time). Picked a direction and went for it.

Billytt Die happy trading e/j daily breakout

Not the friendliest of beasts this morning. A 'friendly beast' - pretty sure that's an oxymoron.

Billytt Die happy trading e/j daily breakout

The yellow line seems to work on its own most of the time. But I have found the cloud helps you avoid fake breakouts. Thanks for explaining and enjoy your coffee and cake at the garden centre .

Billytt Die happy trading e/j daily breakout

Doesn't sound crazy. Sounds logical. And the best part is it works .

Billytt Die happy trading e/j daily breakout

Hi TS. What do the multiple red crosses represent? Thanks.

Highest Open / Lowest Open Trade

Does the little blue box move at all Claudia or is it always the range up to and including the 8am bar? Thanks.

Billytt Die happy trading e/j daily breakout

That's very helpful T thanks. What about the signal at 8am? Looks like a good long. Would you not have taken it because it was at 8am and you get a lot of fake outs first thing?

Billytt Die happy trading e/j daily breakout

10 trades each day on UJ? Didn't know so many were available each day on one pair. Well done. Great result.

Highest Open / Lowest Open Trade

Just a reminder that daylight saving has kicked in already in America. So the US market now opens 12pm UK time until our daylight savings kick in at the end of March, at which point it will revert to 1pm UK time.

Billytt Die happy trading e/j daily breakout

Crazy spikes on most pairs before 2am.

Billytt Die happy trading e/j daily breakout

Looks like the break finally came after 3:30pm. Hopefully you caught some of it.

Billytt Die happy trading e/j daily breakout

Lem I had a look at UC at 1pm and there was a textbook short there (as per your rules). Price was up against a strong supply zone so a WZ short at 1pm would have worked nicely. BUT when I had a look later on at night, that strong supply zone had ...

Billytt Die happy trading e/j daily breakout