Billytt Die happy trading e/j daily breakout | Page 998 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #19,941
  • Jul 6, 2017 8:57am Jul 6, 2017 8:57am
Quoting claudia1
{quote} Varies obviously but normally 0.9 no commission.
That's really great Claudia my spread on cable is 2.3, is it due to the size of account or Just different brokers to make a difference.
  • #19,942
  • Jul 6, 2017 8:59am Jul 6, 2017 8:59am
Quoting Pipradar
{quote} That's really great Claudia my spread on cable is 2.3, is it due to the size of account or Just different brokers to make a difference.
No that's normal spread on IG.
  • #19,943
  • Jul 6, 2017 9:03am Jul 6, 2017 9:03am
Mid afternoon treat for ME YEEEE HAAA.
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  • #19,944
  • Jul 6, 2017 9:04am Jul 6, 2017 9:04am
Quoting claudia1
{quote} No that's normal spread on IG.
wow, ok, thanks Claudia
  • #19,945
  • Jul 6, 2017 10:42pm Jul 6, 2017 10:42pm
Quoting mrcreosote
{quote} Nice trading, are you manually working out the mid point? Interestingly it looks like I went short at a similar time......closed it for -1.1... What stop loss are you using? Are you using Billy's method of 'keeping the losing trade in limbo'? Cheers Edit: time to get the birch branches out for not hanging onto winning trades
are you manually working out the mid point?
Yes. I just draw a fib of the range and add a line at the 50%.

What stop loss are you using?
I use the other side of the range.

Are you using Billy's method of 'keeping the losing trade in limbo'?
No, not at the moment. My trade management is more risky. I add more positions when I counter.

_____

Yesterday's 4-00.

  1. AUDUSD 4-00 +6.3 pips
    I saw price broke the high but didn't reach +5, retraced, and came back up. Price was near the high, so I bought. Aimed for 5 pips above the high. TP was reached. I was willing to counter at the mid.

AUDUSD M5

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  • #19,946
  • Jul 7, 2017 12:19am Jul 7, 2017 12:19am
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  • #19,947
  • Jul 7, 2017 1:51am Jul 7, 2017 1:51am

  1. EURGBP FB +5.8 pips
    Bought at FB high. Aimed for 5 pips above FB high. There was resistance, but price eventually reached target. I was willing to counter at FB mid.

EURGBP M5

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  • #19,948
  • Jul 7, 2017 1:58am Jul 7, 2017 1:58am
Good Trading today everyone! Remember G20 Meetings ALL DAY and A LOT of High Impact News coming out at 14-30.....be careful.
  • #19,949
  • Jul 7, 2017 2:25am Jul 7, 2017 2:25am
Quoting bojack34
Good Trading today everyone! Remember G20 Meetings ALL DAY and A LOT of High Impact News coming out at 14-30.....be careful.
yes indeed,AND NFP YAAAAAAAAAAAAAAAAAAY
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,950
  • Jul 7, 2017 2:27am Jul 7, 2017 2:27am
e/j BROKE 04-00 hIGH FOR +10... Cable and A/U nothing yet....
Lots of news today as Bo said.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,951
  • Jul 7, 2017 2:28am Jul 7, 2017 2:28am
Quoting billytt
{quote} yes indeed,AND NFP YAAAAAAAAAAAAAAAAAAY
Does this make you excited about retrace trades? Wait 15 minutes after News breaks and then trade the retrace?? Something along those lines...
  • #19,952
  • Jul 7, 2017 2:30am Jul 7, 2017 2:30am
Dax whipped up and down, Lets say that failed. It didnt look like a valid colour . i haven't really looked at it lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,953
  • Jul 7, 2017 2:31am Jul 7, 2017 2:31am
Quoting bojack34
{quote} Does this make you excited about retrace trades? Wait 15 minutes after News breaks and then trade the retrace?? Something along those lines...
a lot trade off the 5 min bar after news, i would prefer to hit it as it happens. I AM NOT TOUCHING IT, just saying.

edit, you might get a double spike.. just remember massive spread etc, you can actually be correct with direction but spread will take you out
NAUGHTY BROKERS
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #19,954
  • Jul 7, 2017 3:05am Jul 7, 2017 3:05am
Cable broke low and is in retrace. The DPV is sitting a little over 8 pips away from Lower Trigger. This seems to be a good day for a couple retrace trades off the lower trigger.
  • #19,955
  • Jul 7, 2017 3:12am Jul 7, 2017 3:12am
DXY worth watching.
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  • #19,956
  • Jul 7, 2017 3:15am Jul 7, 2017 3:15am
Quoting bojack34
Cable broke low and is in retrace. The DPV is sitting a little over 8 pips away from Lower Trigger. This seems to be a good day for a couple retrace trades off the lower trigger.
Just got +5 on a retrace off the lower trigger on Cable. I used the DPV (just short) as my entry and exited +5 pips.
  • #19,957
  • Jul 7, 2017 3:16am Jul 7, 2017 3:16am
Quoting bojack34
Good Trading today everyone! Remember G20 Meetings ALL DAY and A LOT of High Impact News coming out at 14-30.....be careful.
High impact is 13.30 UK time - NFP etc.
  • #19,958
  • Jul 7, 2017 3:19am Jul 7, 2017 3:19am
Quoting claudia1
{quote} High impact is 13.30 UK time - NFP etc.
I stand corrected! Thanks for clarifying that Claudia. I wouldn't want to give faulty information. Proven wrong by a women once again, my wife is smiling in her sleep right now!
  • #19,959
  • Jul 7, 2017 3:29am Jul 7, 2017 3:29am
Quoting bojack34
{quote} I stand corrected! Thanks for clarifying that Claudia. I wouldn't want to give faulty information. Proven wrong by a women once again, my wife is smiling in her sleep right now!
lol it's easy to get confused when they mess around with GMT and summer time.
  • #19,960
  • Jul 7, 2017 3:31am Jul 7, 2017 3:31am
Now that was fun - overnight loss into a very good gain. Finished for the week.
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