Billytt Die happy trading e/j daily breakout | Page 995 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #19,881
  • Jul 5, 2017 6:40am Jul 5, 2017 6:40am
Quoting billytt
{quote} I DOUBLED IT TODAY ,,YAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAY now back to compounding from 1.
question please...................if you go thru your 4 step compounding method you speak of sometimes.......Win, double, double, double. After you have your 3 successful compound trades in a row do you automatically drop back down to your original lot size no matter what and do it all over again?
  • #19,882
  • Jul 5, 2017 6:41am Jul 5, 2017 6:41am
Quoting claudia1
@DavidRP Don't normally trade after 5pm but took these and got in a mess pretty quick. Suspect I would have continued to add but wasn't in front of pc. Bad trading really but held it and got out just now very nicely. Patience ! (or just luck). {image}
i thought it was odd going up but then thought they might be playing games waiting for the drop.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,883
  • Jul 5, 2017 6:43am Jul 5, 2017 6:43am
Quoting bojack34
{quote} question please...................if you go thru your 4 step compounding method you speak of sometimes.......Win, double, double, double. After you have your 3 successful compound trades in a row do you automatically drop back down to your original lot size no matter what and do it all over again?
yes. i was naughty and did 4, do 3 and i'll show you a trick which i have spoken of in the past
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,884
  • Jul 5, 2017 6:44am Jul 5, 2017 6:44am
Quoting claudia1
@DavidRP Don't normally trade after 5pm but took these and got in a mess pretty quick. Suspect I would have continued to add but wasn't in front of pc. Bad trading really but held it and got out just now very nicely. Patience ! (or just luck). {image}
Patience + big account
  • #19,885
  • Jul 5, 2017 6:46am Jul 5, 2017 6:46am
Quoting DavidRP
{quote} Patience + big account
CORRECT, you need to muscle in a bit like poker, and steady nerves
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,886
  • Jul 5, 2017 6:49am Jul 5, 2017 6:49am
trading is not for the nervous
Attached Image

or work on it
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,887
  • Jul 5, 2017 6:56am Jul 5, 2017 6:56am
Cable, 12-00 bar looks interesting again, we have plenty of room for DR.even if high triggers and fails the low should pick it up, DR right now is approx 55
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,888
  • Jul 5, 2017 7:01am Jul 5, 2017 7:01am
Quoting billytt
{quote} yes. i was naughty and did 4, do 3 and i'll show you a trick which i have spoken of in the past
Can I guess first please......lol. 1st Trade = Win........2nd Trade (1st compound) = WIN........3rd Trade (2nd compound) = WIN.........4th Trade (3rd compound) = LOSS..........5th Trade (4th compound, act as if you actually WON the last trade) = WIN.
  • #19,889
  • Jul 5, 2017 7:04am Jul 5, 2017 7:04am
Quoting billytt
{quote} CORRECT, you need to muscle in a bit like poker, and steady nerves
Wine helps calm the nerves when in a real mess but not recommending it lol !

Don't like poker but roulette is a favourite - again patience comes in.
  • #19,890
  • Jul 5, 2017 7:18am Jul 5, 2017 7:18am
Quoting bojack34
{quote} Can I guess first please......lol. 1st Trade = Win........2nd Trade (1st compound) = WIN........3rd Trade (2nd compound) = WIN.........4th Trade (3rd compound) = LOSS..........5th Trade (4th compound, act as if you actually WON the last trade) = WIN.
yes, but we are only trading 3 trades.... It is best if 2nd loses .so you trade 1 2 3 or 1 2 2 3, carry on as if it had won. not for the faint hearted and like Davidrp said big bank roll. BUT GOOD odds of winning.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,891
  • Jul 5, 2017 7:19am Jul 5, 2017 7:19am
Quoting claudia1
{quote} Wine helps calm the nerves when in a real mess but not recommending it lol ! Don't like poker but roulette is a favourite - again patience comes in.
i use poker as it is an odds/probability game unlike any other gambling game. except black jack where you can have a slight short term edge
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,892
  • Jul 5, 2017 7:21am Jul 5, 2017 7:21am
dont forget you need cover for the ridiculous margin too... which is relatively safe should you lose.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,893
  • Jul 5, 2017 9:39am Jul 5, 2017 9:39am

  1. GBPUSD DZ +8.8 pips (-15.3+16.6+7.5)
    I was late. I saw price break DZ low and retrace a tiny bit, so I entered a sell near the low. Countered at DZ mid. Closed sell and added a buy at DZ high. Aimed for a bit more than +5 based on fibs and S+D. Target was reached.

GBPUSD M5

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  • #19,894
  • Jul 5, 2017 9:47am Jul 5, 2017 9:47am
Quoting StudyFX
GBPUSD DZ +8.8 pips (-15.3+16.6+7.5) I was late. I saw price break DZ low and retrace a tiny bit, so I entered a sell near the low. Countered at DZ mid. Closed sell and added a buy at DZ high. Aimed for a bit more than +5 based on fibs and S+D. Target was reached. GBPUSD M5 {image}
Being pushed up for a fall at settlement. Got shorts in.

That said I'm due a loss so watch lol.
  • #19,895
  • Jul 5, 2017 9:53am Jul 5, 2017 9:53am
i believe their is some US news being released about 18-00 our time, that could be causing the slow down
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,896
  • Jul 5, 2017 9:54am Jul 5, 2017 9:54am
Quoting billytt
i believe their is some US news being released about 18-00 our time, that could be causing the slow down
19.00 Fed meeting minutes - be more fun before that.
  • #19,897
  • Jul 5, 2017 10:28am Jul 5, 2017 10:28am
dancing tonight yaaaaaaaaaaaaaaaaaaa, not sure if my Lady's toe will be ok but she can watch.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,898
  • Jul 5, 2017 10:41am Jul 5, 2017 10:41am
Quoting billytt
dancing tonight yaaaaaaaaaaaaaaaaaaa, not sure if my Lady's toe will be ok but she can watch.
Enjoy, "Ball room blitz" de de de de derrr !! Yeeeehaaaa.
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  • #19,899
  • Jul 5, 2017 10:47am Jul 5, 2017 10:47am
Cable getting pushed north London close approaching and FOMC News 6pm.
  • #19,900
  • Jul 5, 2017 10:51am Jul 5, 2017 10:51am
Quoting Pipradar
{quote} Enjoy, "Ball room blitz" de de de de derrr !! Yeeeehaaaa. {image}
lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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