Thanks Billy. I suppose trading a big 15 minute bar is probably more like trading a 4 hour bar due to the range. In terms of the GU 4 hour bars, which one is better to trade in your opinion - the 12am to 4am bar, or the 4am to 8am bar? Is one of ...

Billytt Die happy trading e/j daily breakout

Thanks Lem. Yes that's what I was meaning. If the bar is too big, we (I) could potentially trade it differently instead of ignoring completely. As you have already pointed out however, it made more than 5 on the break North. Way more.

Billytt Die happy trading e/j daily breakout

AU 4am to 8am looks like it was a nice easy break North today.

Billytt Die happy trading e/j daily breakout

A big bar brings its own opportunity I suppose (WZ going back in to the body).

Billytt Die happy trading e/j daily breakout

I had a feeling it was he whose name shall not be mentioned here lol. You've given me some ideas here Lem and definite food for thought. I will try these out. Thanks again. Top of the hour looks like it could work quite well when you look at ...

Billytt Die happy trading e/j daily breakout

A while ago Mr T posted a YouTube video concerning a guy trading the break of the 8am-9am 1 hour bar (GU). TP 50 pips and SL the other side of the bar. A quick visual test shows that this would work most days. Both sides do break occasionally but if ...

Billytt Die happy trading e/j daily breakout

I know it is almost 2 years old, but there are so many gems in this one post that it deserves another mention.

Billytt Die happy trading e/j daily breakout

Now that is/was deep.

Billytt Die happy trading e/j daily breakout

Been through this thread a couple of times and always find something useful in it so thanks a lot to the regular contributors. Lem you used to trade the Dax based on the 6am and 7am 1 hour bars. Did you stop that at some point, or do you just not ...

Billytt Die happy trading e/j daily breakout

Was looking to take some recent stats on AU (4am-8am bar), using Excel but realised my MT4 account is 2 hours ahead of UK time, which screws up the 4 hour bars

Billytt Die happy trading e/j daily breakout

Well I've had to eat my words

Billytt Die happy trading e/j daily breakout

Well played. Not sure how much movement is left in the Cable for today.

Billytt Die happy trading e/j daily breakout

Looks like the low broke, then the high, and then the low again.

Billytt Die happy trading e/j daily breakout

Thanks Lem for the helpful advice as always.

Billytt Die happy trading e/j daily breakout

Yes 4 hour bars on this seem to trend, meaning more often than not they will break one side only. Makes it easier to trade. A bit like the AU 4am-8am bar. Cable is a bit trickier just now lol.

Billytt Die happy trading e/j daily breakout

Did anyone make a killing on Cable today? I believe the Billy Bar had a bit of to and fro before making up its mind this morning. If anyone here is trading large lots on Cable, how do you get over the fear of price moving against you so quickly that ...

Billytt Die happy trading e/j daily breakout

And if they are continuation candles, therein lies the edge. I might have a look at collating some stats for this.

Billytt Die happy trading e/j daily breakout

Billy did you ever use the 4am-8am bar to trade, or was it always the 12am-4am bar? Thanks.

Billytt Die happy trading e/j daily breakout

Seems like you pros do better when the original trade fails lol. Mind = boggled. Shows the power of the WZ trades.

Billytt Die happy trading e/j daily breakout

I think I've got it. You must mean a WZ short trade going back into the body from the top wick.

Billytt Die happy trading e/j daily breakout