Billytt Die happy trading e/j daily breakout | Page 962 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #19,221
  • Jun 22, 2017 6:06am Jun 22, 2017 6:06am
AU got there in the end. +5

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A clue as to why it faffed around so long could have been seen if we add the Daily WZ. Price got stuck fast in there.

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  • #19,222
  • Jun 22, 2017 6:07am Jun 22, 2017 6:07am
Quoting bojack34
{quote} I know MM is all up to the individual but with me being new i still am unsure about some MM things.......so If I start with a account balance of.....let's say 2k...and i want to trade with counters...........should I be trying to get .5% to 1% per 5 pips....or maybe even 1% to 2% per 5 pips? or is this still too big?
less than that, Trade the method , compound a bit and it will grow, but you cannot trade any other way even if you have a win
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,223
  • Jun 22, 2017 6:08am Jun 22, 2017 6:08am
FX can be a pain sometimes on days like today but it could be worse - you could have had your money in this nonsense:

''Ethereum crashed from $319 to 10 cents in seconds on one exchange after multimillion dollar trade...''

https://www.forexfactory.com/news.php?do=news&id=677713
  • #19,224
  • Jun 22, 2017 6:08am Jun 22, 2017 6:08am
Quoting billytt
{quote} less than that, Trade the method , compound a bit and it will grow, but you cannot trade any other way even if you have a win
.25% to .50% per 5 pips? is that ok?
  • #19,225
  • Jun 22, 2017 6:10am Jun 22, 2017 6:10am
Quoting lemercenaire
FX can be a pain sometimes on days like today but it could be worse - you could have had your money in this nonsense: ''Ethereum crashed from $319 to 10 cents in seconds on one exchange after multimillion dollar trade...'' https://www.forexfactory.com/news.php?do=news&id=677713
  • #19,226
  • Jun 22, 2017 6:12am Jun 22, 2017 6:12am
Quoting lemercenaire
FX can be a pain sometimes on days like today but it could be worse - you could have had your money in this nonsense: ''Ethereum crashed from $319 to 10 cents in seconds on one exchange after multimillion dollar trade...'' https://www.forexfactory.com/news.php?do=news&id=677713
There's always another side to every coin, lol...

''But it also seemed to be a large money making event for some too. On the trading forum StockTwits, user John DeMasie posted a screenshot of trade history around the time of the flash crash. It showed one person had an order in for just over 3,800 ethereum if the price fell to 10 cents on the GDAX exchange. Theoretically this person would have spent $380 to buy these coins, and when the price shot up above $300 again, the trader would be sitting on over $1 million. CNBC has been unable to verify the screenshot posted by DeMasie.''

http://www.cnbc.com/2017/06/22/ether...lar-trade.html
  • #19,227
  • Jun 22, 2017 6:12am Jun 22, 2017 6:12am
Quoting bojack34
{quote} I know MM is all up to the individual but with me being new i still am unsure about some MM things.......so If I start with a account balance of.....let's say 2k...and i want to trade with counters...........should I be trying to get .5% to 1% per 5 pips....or maybe even 1% to 2% per 5 pips? or is this still too big?
MM- if i traded the way and used MM as we should do and have been told by experts, i would of failed time and time again.
Infact i probably would be living in a box.
A lot of the guys telling you and selling you things dont trade,
They stick charts up after the event.
i want to see a chart like this
Attached Image

1 04-00 bar, what next????
you know what i do lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,228
  • Jun 22, 2017 6:14am Jun 22, 2017 6:14am
Quoting lemercenaire
FX can be a pain sometimes on days like today but it could be worse - you could have had your money in this nonsense: ''Ethereum crashed from $319 to 10 cents in seconds on one exchange after multimillion dollar trade...'' https://www.forexfactory.com/news.php?do=news&id=677713
woooooooooooooooooooooooow
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,229
  • Jun 22, 2017 6:16am Jun 22, 2017 6:16am
Quoting bojack34
{quote} .25% to .50% per 5 pips? is that ok?
The reason I initially asked about the .5% to 1% per 5 pips is because from my past notes and reading the thread I know that you used to use those figures for your "minions".....because they had a smaller bankroll.

  • #19,230
  • Jun 22, 2017 6:16am Jun 22, 2017 6:16am
Quoting lemercenaire
{quote} There's always another side to every coin, lol... ''But it also seemed to be a large money making event for some too. On the trading forum StockTwits, user John DeMasie posted a screenshot of trade history around the time of the flash crash. It showed one person had an order in for just over 3,800 ethereum if the price fell to 10 cents on the GDAX exchange. Theoretically this person would have spent $380 to buy these coins, and when the price shot up above $300 again, the trader...
It could happen as this would be in the penny share league.if you know what i mean
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,231
  • Jun 22, 2017 6:18am Jun 22, 2017 6:18am
Quoting bojack34
{quote} The reason I initially asked about the .5% to 1% per 5 pips is because from my past notes and reading the thread I know that you used to use those figures for your "minions".....because they had a smaller bankroll.
If i remember, my 2 minions had bank rolls of 16k and 12 k and i doubled it,

edit, dont forget i had my bank too

edit, and i was paid commission lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,232
  • Jun 22, 2017 6:20am Jun 22, 2017 6:20am
Quoting lemercenaire
FB finally stopped playing with itself and put PH out of his misery.
Lem you have no idea. what a situation.

i am thanking allah, vishnu, the sun god ra and kanye west that i didnt overstay my welcome for more than +5 on the double up.

had i been greedy, would of had a very sore behind
  • #19,233
  • Jun 22, 2017 6:22am Jun 22, 2017 6:22am
Quoting billytt
{quote} If i remember, my 2 minions had bank rolls of 16k and 12 k and i doubled it, edit, dont forget i had my bank too
WOW .....so if i use your counter strategy I MUST start off with no more risk then .25 to .50% per 5 pips. I better up my starting bankroll to 5k then. I will be doing so next year. I have the rest of this year to perfect my craft!!!
  • #19,234
  • Jun 22, 2017 6:23am Jun 22, 2017 6:23am
Quoting Piphunter00
{quote} Lem you have no idea. what a situation. i am thanking allah, vishnu, the sun god ra and kanye west that i didnt overstay my welcome for more than +5 on the double up. had i been greedy, would of had a very sore behind
you forgot Billy's good luck shamen
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,235
  • Jun 22, 2017 6:25am Jun 22, 2017 6:25am
Quoting billytt
Bo and anyone,,, 04-00 break for 5 points. very high odds of getting + 5. frequency distribution time .... every trigger for +5 will get +1 first , sometimes the trade fails but you still get +1. THE BEST BIT NOW, How close to the trigger does the bar get to the trigger (ie doesn't trigger)??? IF it gets to within 1 point it will then trigger, it has big odds of getting to with 2 then trigger. You can get 1 point and it retraces get 1 retrace 1 retrace etc. I find this difficult to explain
Did this come about from your style of ''early'' entry on the DAX 07:55 Colour Change? Seems like it may share some common DNA.
  • #19,236
  • Jun 22, 2017 6:25am Jun 22, 2017 6:25am
Quoting bojack34
{quote} WOW .....so if i use your counter strategy I MUST start off with no more risk then .25 to .50% per 5 pips. I better up my starting bankroll to 5k then. I will be doing so next year. I have the rest of this year to perfect my craft!!!
and do remember BO, that when billy trades 1% per pip. its 1% of a portion of the bankroll.

just a very small subsidiary of the Bank Of William.
  • #19,237
  • Jun 22, 2017 6:27am Jun 22, 2017 6:27am
Quoting billytt
{quote} you forgot Billy's good luck shamen {image}
if this is where you draw your divine power from when countering i shall create a shrine for this image.

if E/G cant reach 0.8800 or 0.8832 thats a fail for ADR stats today
  • #19,238
  • Jun 22, 2017 6:30am Jun 22, 2017 6:30am
Quoting bojack34
{quote} WOW .....so if i use your counter strategy I MUST start off with no more risk then .25 to .50% per 5 pips. I better up my starting bankroll to 5k then. I will be doing so next year. I have the rest of this year to perfect my craft!!!
no, stick with small account and trade small ,
slowly add lot size after a win as in small counter (not 100%) account will grow and you will gain experience.
At the moment you are looking at too many things.
Earlier Pip mentioned E/G i don't have it on my trade Pc lol, i had to look on lap top.
You trade for %%%%%,,, Without contradicting myself, it doesnt matter if that is done with 1 point or many.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,239
  • Jun 22, 2017 6:36am Jun 22, 2017 6:36am
Quoting lemercenaire
{quote} Did this come about from your style of ''early'' entry on the DAX 07:55 Colour Change? Seems like it may share some common DNA.
yes and no, i look at charts like pictures and look for repetition, tails, retrace etc and then i study it.

My Spanish friend (not now coz he asked for 100K lol) once asked me a question about trading for 1 point and hitting it so hard the ground shook.
Well he did it and it is almost same as trading for +5 but a lot easier and i worked out what he does/did. I actually taught him but added different stats to it
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,240
  • Jun 22, 2017 6:39am Jun 22, 2017 6:39am
sleep time, i was out last night then with Lady and got home at 07-00. Traded then collating stats. i am zzzzzzzzzzzz. catch you later
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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