I believe I understand what your saying........your saying that we have a really good chance of our Trigger getting hit every time price gets within 1 pip of it....or even 2 pips of it.........so if we wanted to we could enter a trade 1 or 2 pips ...

Billytt Die happy trading e/j daily breakout

TBH i dont have the frequency stats for any range under 20 since I plan on trading the entire range for anything under 20.

Billytt Die happy trading e/j daily breakout

oh yeah i meant to write at the end of that post don't crucify me for using the word AVERAGE...lol. I know I know...i'm trying pip take it easy on me brother

Billytt Die happy trading e/j daily breakout

Great Job on the 1 pip!! You make every strategy look easy . 04-00 Break AU has is in retrace after +4, i'm hoping that it reverses all the way so I can trade the opposite triggers, but stats say that average retrace is just under 7 ...

Billytt Die happy trading e/j daily breakout

Can I do this on MT4? I've never done this before but I will use this strategy some so I better learn how to do it. Thankfully we have this little thing called google.

Billytt Die happy trading e/j daily breakout

i know its the chicken shit way to do things but what about throwing in a second trade (after you lock up your +5) with a tight trailing stop.....maybe 1.5 or 2 or something small.....it might not get you all 20 but it could lock you up a couple ...

Billytt Die happy trading e/j daily breakout

@Billy..... We Long, if FAILS, we are waiting to counter the opposite trigger but nothing happens...AND NOW it's 4 hours later........do we create a new set of triggers using the 08-00 4H candle? and start trading off of those for our "counter" to ...

Billytt Die happy trading e/j daily breakout

I"m new to trading but I know from living in the US that we get a lot of oil from Canada so any news regarding oil coming out of the US I would assume would affect CAD...and vise versa.....any news coming out of Canada regarding oil would affect USD ...

Billytt Die happy trading e/j daily breakout

What is happening on AU right now is why I don't feel too comfortable countering at the Mid Point

Billytt Die happy trading e/j daily breakout

I have a buy stop at the upper trigger for double lot size with a TP of 5 pips (spread NOT included). From my notes the OTHER side gets +5 pips 90% of the time when OG trigger reverses before 10.

Billytt Die happy trading e/j daily breakout

Way to go Sherlock Holmes! image

Billytt Die happy trading e/j daily breakout

Thanks as always Bill! You're the best!!!

Billytt Die happy trading e/j daily breakout

04-00 Break AU with a 5 pip TP target for a 2% profit

Billytt Die happy trading e/j daily breakout

We have plenty of those!! I was more worried about how much % to put into limbo because the more in limbo the more you have to put at risk to get into positive %%. I don't plan on doubling and doubling and doubling like some of our friends ...

Billytt Die happy trading e/j daily breakout

My strategy I have set up has my TP target each day set at 2% that has me putting about 9% of my bankroll into play when/if my trade Fails and I have to counter my full -20. Do you think putting 9% in limbo for my counter is too much? I do plan on ...

Billytt Die happy trading e/j daily breakout

[quote=billytt;10000407] Thanks Bill! I also have some more retrace trades stats that I didn't include. I can only think of so many stats to research with the indicator that I have. I will have to think of, or learn how to compile stats another way. ...

Billytt Die happy trading e/j daily breakout

I just finished some more stats! Very interesting stuff. I can definitely see how having this stuff will help in the future. So far today I have added....."how many pips price retraced before making TP. (not including complete reversals) I broke it ...

Billytt Die happy trading e/j daily breakout

I fell asleep and woke back up and of course price crossed the Lower Trigger and went for +10. Gotta love stats!

Billytt Die happy trading e/j daily breakout

AU 04-00 Break......price is hovering around the 00 line as I type but if price does happen to make it down to the LOW Trigger.......the LOW Trigger is also Yesterday's Low.....so if price breaks our Low Trigger I have a feeling it might go for ...

Billytt Die happy trading e/j daily breakout

it is every trading day from Last Friday to Jan 2 2017......so all of this year. I am doing these manually so it is taking me light years longer than billy to gather stats. I will get another year worth of stats on my days off this week.....or I ...

Billytt Die happy trading e/j daily breakout