It seems like, based on the stats you have so graciously provided, that trading the Daily candles might be a very wise thing to consider. Certainly a lot less trouble and more prone to a set and forget strategy. At least gives more freedom during ...

Billytt Die happy trading e/j daily breakout

[quote=RabbitWolf;8401415] Some observation about Pivot not getting hit After strong move (let say down) big ADR day, need to watch where Asia opens next day. 1. If Price opens far away from Central Pivot, especially if opens below mid pivot (line ...

Billytt Die happy trading e/j daily breakout

Man these posts today are really thought provoking---which is great! I am comparing them to my charts and the time difference is sort of frustrating. But I just gotta figure out either how to trade it at NY time or wake up at 3am and trade it London ...

Billytt Die happy trading e/j daily breakout

[quote=billytt;8414651]I tried a small compound trade on cable to show Tompoppop, I was looking for 10 pre compound but with compound 20, but it went wrong lol and I got 30. I will show results.. I am currently watching that outside bar on Frifday ...

Billytt Die happy trading e/j daily breakout

These are trades I took - all on the 15min chart based on 8am NY Open. I have trouble getting up at 3:15am to do the UK open but I will get there. The trades were all successful but were sloppy. I only put a TP on one of them - the GBP-USD for 5 ...

Billytt Die happy trading e/j daily breakout

HOLY ORB, IB, COMPOUNDING BATMAN!! My knees are weak - I cant seem to stand on my own two feet - I'm All Shook Up. (My friend Elvis) Seriously folks this is really good stuff. Just with what I have received this week I need to rethink my ...

Billytt Die happy trading e/j daily breakout

OK so I can use the ORB at 8am New York Open and trade it on 15 - 30 or 1 hr. I also look for IB's and trade them with the prevailing short term trend. I prefer the 10 or 20 EMA to depict that. Now I know what the ADR stands for but do not ...

Billytt Die happy trading e/j daily breakout

Thanks Billy - It makes so much sense when you explain it. Another tool for the arsenal.

Billytt Die happy trading e/j daily breakout

What is an ORB (open range bar)? I am familiar with IB, OB, EB, Doji, DBHLC but not ORB.

Billytt Die happy trading e/j daily breakout

I did my first Pivot Point trade on G/U. I put in a short at 1.54985 and no stop loss and went to bed. When I woke up at around 5am and checked it had gone to a low of 1.54905 and then retraced. I lost 30 pips on that one but no sweat - there are ...

Billytt Die happy trading e/j daily breakout

image OH my gosh - look at all the pretty lines I can trade to and through Seriously tho I will let you know how this all impacts my trading. I am excited and looking forward. You know how it gets sometimes like a baseball looking like a ...

Billytt Die happy trading e/j daily breakout

Thanks Billy - Now I have a lot of reading to do. Hope it helps this ol man.

Billytt Die happy trading e/j daily breakout

Thanks Rabbitt I have copied the thread to my PC and will go through it.

Billytt Die happy trading e/j daily breakout

My Pomeranian Guard Dog ha ha

Billytt Die happy trading e/j daily breakout

Thanks for explanation.

Daily green/red candle

Thanks Claudia.

Billytt Die happy trading e/j daily breakout

Yep that was a good one - I like 15 min charts and I know chart patterns. This helped put it together in a very simple manner. Thanks Turnip.

Billytt Die happy trading e/j daily breakout

Yep I appreciate anything you can point me to. I will look at them all. Since I am in awe of the trading on this site I would really like to see Claudias' old thread.

Billytt Die happy trading e/j daily breakout

Thanks[/URL] Turnip - Good info.

Billytt Die happy trading e/j daily breakout

I trade this way and have success. The key is the 5 pips. You don't need more. Also do not switch around it will only confuse you. Learn one system that works for you and do it over and over again. I like this one. I see you are US so am I - North ...

Magic 5 - five pips only