Billytt Die happy trading e/j daily breakout | Page 1690 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #33,781
  • Oct 10, 2018 5:49am Oct 10, 2018 5:49am
Quoting Hickson
{quote} Yes, pretty good, learning the right habits right away. Retail is a long journey teaching oneself.
It is a long journey but once you get it right nobody can take that knowledge away. My ex boss used to say 'when you can wake up in the morning and know you can make $ then you're there.' Plus you keep your job. Confidence/self belief big part of it.
  • #33,782
  • Oct 10, 2018 5:58am Oct 10, 2018 5:58am
Quoting claudia1
{quote} Looks like night shift has got to Lem - unusually quiet for this time of day !
Yeah, I think he was up late Sold the BO here under 1.3155 because it could not follow through above 1.3170. Maybe a retest of the level cluster around 1.3130, but I need a quick drop here to make it work.


Edit: Got out with a small loss here. It was quite strange, got to around + 20 with the target in sight and big levels ahead, but neve reached and turned around in noman's land. I still wonder how to work around this. S&F is usually fine for the RR, but it can be improved on if you have the skills in place.
Fix up, trade sharp ...
  • #33,783
  • Oct 10, 2018 6:11am Oct 10, 2018 6:11am
Quoting Hickson
{quote} Yeah, I think he was up late Sold the BO here under 1.3155 because it could not follow through above 1.3170. Maybe a retest of the level cluster around 1.3130, but I need a quick drop here to make it work. Edit: Got out with a small loss here. It was quite strange, got to around + 20 with the target in sight and big levels ahead, but neve reached and turned around in noman's land. I still wonder how to work around this. S&F is usually fine for the RR, but it can be improved on if you have the skills in place.
Try using the trailing profit on MT4 worst you would have go + 15. There is no perfect solution.
  • #33,784
  • Oct 10, 2018 6:16am Oct 10, 2018 6:16am
Quoting claudia1
{quote} Try using the trailing profit on MT4 worst you would have go + 15. There is no perfect solution.
Yeah, because you could have it going back to your entry and then it goes. Or you trail and you get stopped + 15 and it goes, but you risked a bit much for it ... as you said, no perfection. In general I think letting it ride to your sl or tp works, but on choppy days you might end up side lined at best.
Fix up, trade sharp ...
  • #33,785
  • Oct 10, 2018 6:22am Oct 10, 2018 6:22am
Lem when you wake up Mcgroarty 2.20 don't normally go for favourites but ....
  • #33,786
  • Oct 10, 2018 7:33am Oct 10, 2018 7:33am
Got the set up around the 8:15 candle..oz time
Hope for a s&f successful trade
:-)
Onwards and upwards...
  • #33,787
  • Oct 10, 2018 8:10am Oct 10, 2018 8:10am
Buy trade got the pips.!
The sell order hit s l
Any one had a bigger buffer than me. Ie 2 ?
Onwards and upwards...
  • #33,788
  • Oct 10, 2018 8:10am Oct 10, 2018 8:10am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-10-10-21-08-15.png Size: 96 KB
Onwards and upwards...
  • #33,789
  • Oct 10, 2018 8:11am Oct 10, 2018 8:11am
Quoting soccerfan
{image}
Did not do it, because I do not know the setup, but well done.
Fix up, trade sharp ...
  • #33,790
  • Oct 10, 2018 8:20am Oct 10, 2018 8:20am
Quoting soccerfan
Buy trade got the pips.! The sell order hit s l Any one had a bigger buffer than me. Ie 2 ?
You got a net win buffer 2 is ok.
  • #33,791
  • Oct 10, 2018 8:27am Oct 10, 2018 8:27am
I missed a decent PP setup today. I find it the most reliable for me, the other plays work too, especially the range over night thing. Just not so easy with the other plays intraday. If not very, very picky, I get stopped if looking for too much. I think I know now why you usually just look for around 15. I remember when I had the homerun mentality as a new trader, it is pretty much of a problem if you cannot get rid of it ...
Fix up, trade sharp ...
  • #33,792
  • Oct 10, 2018 8:28am Oct 10, 2018 8:28am
Quoting claudia1
Lem when you wake up Mcgroarty 2.20 don't normally go for favourites but ....
Big smile got 11/10 earlier.
  • #33,793
  • Oct 10, 2018 8:43am Oct 10, 2018 8:43am
23 unread posts! Woo-Hoo! Everyone's been busy

Sorry, gang. I did post that I wouldn't be around early doors - and that's how it's going to be for the foreseeable future every Wednesday - but back for the remainder and will begin to check what's been going on.

Not seen any charts yet as I want to read those ''23 unread posts'' first. I'll get onto that and chart up in a bit.
  • #33,794
  • Oct 10, 2018 9:04am Oct 10, 2018 9:04am
Quoting claudia1
{quote} You got a net win buffer 2 is ok.
Snap, Soccerfan, Sell trade hit S.L. Buy trade took points. I am not used to setting Pending Orders, something I have never done, I have always entered a trade live and then Exited Live, got, "A BIT" confused with Buy Limit Buy Stop Sell Limit Sell Stop . I need to have a closer look at it. Any way came out good somehow L.O.L.
  • #33,795
  • Oct 10, 2018 9:06am Oct 10, 2018 9:06am
Quoting Pipradar
{quote} Snap, Soccerfan, Sell trade hit S.L. Buy trade took points. I am not used to setting Pending Orders, something I have never done, I have always entered a trade live and then Exited Live, got, "A BIT" confused with Buy Limit Buy Stop Sell Limit Sell Stop . I need to have a closer look at it. Any way came out good somehow L.O.L.
Just use the buy/sell stop soon get the hang of it.

Maybe worth a read https://www.investopedia.com/ask/answers/04/022704.asp
  • #33,796
  • Oct 10, 2018 9:17am Oct 10, 2018 9:17am
Quoting claudia1
Lem when you wake up Mcgroarty 2.20 don't normally go for favourites but ....
A few more bucks in the jar for ya!
  • #33,797
  • Edited 10:23am Oct 10, 2018 9:19am | Edited 10:23am
UJ is getting hammered. Got 42 so far, but I think this can even go further.

Edit: TP reached for +60, that was fast.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 17 KB
Fix up, trade sharp ...
  • #33,798
  • Oct 10, 2018 9:21am Oct 10, 2018 9:21am
Quoting lemercenaire
{quote} A few more bucks in the jar for ya!
Not a fortune but a few glasses of ...

The jar made me smile so here we go with an old favourite.

Inserted Video
  • #33,799
  • Oct 10, 2018 9:22am Oct 10, 2018 9:22am
Quoting Pipradar
{quote} Snap, Soccerfan, Sell trade hit S.L. Buy trade took points. I am not used to setting Pending Orders, something I have never done, I have always entered a trade live and then Exited Live, got, "A BIT" confused with Buy Limit Buy Stop Sell Limit Sell Stop . I need to have a closer look at it. Any way came out good somehow L.O.L.
Yeah, as Claudia said, just use Buy Stop and Sell Stop orders.

Buy Stop sets where you want to buy from, Sell Stop where you want to sell from.

Buy and Sell Limits are for when you want to get an entry once (if) price goes back to the level you want in at.
  • #33,800
  • Oct 10, 2018 9:28am Oct 10, 2018 9:28am
Quoting lemercenaire
{quote} Yeah, as Claudia said, just use Buy Stop and Sell Stop orders. Buy Stop sets where you want to buy from, Sell Stop where you want to sell from. Buy and Sell Limits are for when you want to get an entry once (if) price goes back to the level you want in at.
Also makes more disciplined. And you all know how awful market order fills can be ...
Fix up, trade sharp ...
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