Billytt Die happy trading e/j daily breakout | Page 1890 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #37,781
  • Jan 10, 2019 4:30am Jan 10, 2019 4:30am
Quoting Hickson
{quote} Hm, but if you have to nurse it anyway the EA has not yet fulfilled its purpose. I think the main idea is getting a set & forget implemented on the EA - obviously lol. Do you need to manage these babies a lot when it goes?
Totally agree If it was on demo I'd leave it but its not the same.

Remember just running on cable now and yes I interfere which has to stop. Conclusion is I'm the problem not the bot ! Using the move to b/e feature which is useful. Not a fan of trails.
  • #37,782
  • Jan 10, 2019 4:32am Jan 10, 2019 4:32am
Quoting billytt
{quote} if you constantly get +100 per week, let me know and i will start trading again, lol yaaaaaaaaaaaaaaaay happy days.
I will. It's on live let's see where it goes by end of March.
  • #37,783
  • Jan 10, 2019 4:36am Jan 10, 2019 4:36am
Quoting claudia1
{quote} Totally agree If it was on demo I'd leave it but its not the same. Remember just running on cable now and yes I interfere which has to stop. Conclusion is I'm the problem not the bot ! Using the move to b/e feature which is useful. Not a fan of trails.
Just take care of yourself, the night sleep is precious. Let's rather risk a few hundreds on it and see if it goes.
Fix up, trade sharp ...
  • #37,784
  • Jan 10, 2019 4:45am Jan 10, 2019 4:45am
Quoting Hickson
{quote} Just take care of yourself, the night sleep is precious. Let's rather risk a few hundreds on it and see if it goes.
Thanks - if I get a bit abrupt during the day you know why now ! Anyway, in all fairness 007 did a great job and its up to me now to finish it.
  • #37,785
  • Jan 10, 2019 4:46am Jan 10, 2019 4:46am
Quoting claudia1
{quote} Thanks - if I get a bit abrupt during the day you know why now ! Anyway, in all fairness 007 did a great job and its up to me now to finish it.
Yes, I already assumed that was the reason. We'll all be glad to have you back in the daylight soon lol.
Fix up, trade sharp ...
  • #37,786
  • Jan 10, 2019 4:52am Jan 10, 2019 4:52am
Quoting Hickson
{quote} Yes, I already assumed that was the reason. We'll all be glad to have you back in the daylight soon lol.
Here's my AJ chart - looks odd but works.
Attached Image (click to enlarge)
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  • #37,787
  • Jan 10, 2019 4:59am Jan 10, 2019 4:59am
Where next ? 50 proving tough to break. Once that goes then down to 00/10 area giving a reasonable range for the day.

Orders at just under 40 see if we get there.
Attached Image (click to enlarge)
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  • #37,788
  • Jan 10, 2019 5:06am Jan 10, 2019 5:06am
Quoting claudia1
Where next ? 50 proving tough to break. Once that goes then down to 00/10 area giving a reasonable range for the day. Orders at just under 40 see if we get there. {image}
Mind some unfilled gaps at 1.2788 ish? lol
Attached Image (click to enlarge)
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Fix up, trade sharp ...
  • #37,789
  • Edited 5:37am Jan 10, 2019 5:06am | Edited 5:37am
Quoting claudia1
Where next ? 50 proving tough to break. Once that goes then down to 00/10 area giving a reasonable range for the day. Orders at just under 40 see if we get there. {image}
it looks like uncertainty, and only 50 range so far..
They are just waiting.....

edit. t 11-16 let it get to 12737 level then hopefully continue to 12700 area.

edit ..t 11-37 its dropped 30 yaaaaaaaaaaaaay ( not for me though)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,790
  • Jan 10, 2019 5:10am Jan 10, 2019 5:10am
ECB at 12.30 might liven things up - don't know if Mario is performing.

With that in mind will have at look at EJ.

Edit: bit messy but EU looking tradeable. Wait the news then NY open.
  • #37,791
  • Jan 10, 2019 5:41am Jan 10, 2019 5:41am
Cable, actually 12715 was next level down after the 12737 one...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #37,792
  • Jan 10, 2019 6:10am Jan 10, 2019 6:10am
Collected + 12 on the drop through 40 for break evenish again ... now waiting for NY session, this market is not for the faint hearted and gives me head aches ...
Fix up, trade sharp ...
  • #37,793
  • Jan 10, 2019 6:23am Jan 10, 2019 6:23am
So, how does one fix a bad trade? -40 pips and going down. I did get +10 when the low broke. What else can one do? Just wait? Ideas, suggestions, thoughts are welcome.
Buy low, sell high.
  • #37,794
  • Jan 10, 2019 6:26am Jan 10, 2019 6:26am
Quoting HappyMan
So, how does one fix a bad trade? -40 pips and going down. I did get +10 when the low broke. What else can one do? Just wait? Ideas, suggestions, thoughts are welcome.
Think in terms of money not pips. You wouldn't let it run - 40 if you where £1k down.

Other option is keep adding and increasing eventually it will go your way. Depends on your account size and how brave.
  • #37,795
  • Jan 10, 2019 6:35am Jan 10, 2019 6:35am
Quoting claudia1
{quote} Think in terms of money not pips. You wouldn't let it run - 40 if you where £1k down. Other option is keep adding and increasing eventually it will go your way. Depends on your account size and how brave.
Also keep in mind risk of ruin. No amount of bravery will help if it is too high. I like to think in terms of R instead of money or pips. Like BB in Poker.
Fix up, trade sharp ...
  • #37,796
  • Jan 10, 2019 6:48am Jan 10, 2019 6:48am
Quoting turnip15
{quote} saw the above earlier and decided to add my two pence. More indicators = more confusion and a mark of the unsure neophyte who has yet to learn the uncertain nature of trading.I have a basic model to guide me but not to slavishly follow or act upon. Price is king: it consolidates, breaks, moves up and down, bounces off previous levels but doesn't give a toss if your RSI or MACD or chicken bones are out of alignment with Uranus or whether Elliott is dining out with Gann.The price at the right hand side of the screen is always a "best guess"....
I will not be trading today as I may have to take my cat on a final journey to the vet. If you ever had a pet then you will know how unsettling such a visit can be. I have tried to defer the visit but the old girl is slipping away and it would not be fair to her quality of life.

Oh no, T, I am so sorry to hear that.

I know you have been expecting and preparing for this day for some time now but that is small comfort when the time comes to say goodbye to our companions.

I am sure she has let you know that it is her time to say goodbye and you know you are there to hold up your end of that terrible deal we all make in return for their love.

She will know you are there and will know she is loved.

Take care.
  • #37,797
  • Edited 7:20am Jan 10, 2019 6:59am | Edited 7:20am
Quoting turnip15
{quote} ... I will not be trading today as I may have to take my cat on a final journey to the vet. If you ever had a pet then you will know how unsettling such a visit can be. I have tried to defer the visit but the old girl is slipping away and it would not be fair to her quality of life.
Sorry to hear about your pet. My condolences, Mr. T. Let us know how it went, if appropriate.
Buy low, sell high.
  • #37,798
  • Jan 10, 2019 7:01am Jan 10, 2019 7:01am
Quoting HappyMan
So, how does one fix a bad trade? -40 pips and going down. I did get +10 when the low broke. What else can one do? Just wait? Ideas, suggestions, thoughts are welcome.
Is this the Disaster Game? If so, then I lock off the loss first, so turning it into a ''floater''. Then if the directional move is still going strong, get on board it for a start!

Protect that new positive move and add to it with pull back trades, bagging whatever you get.

This work fires best at the very sharp end, m1 or m5 and uses micro S+D (and pivots to a certain extent) for guidance.

At some point, if you find yourself in a hugely strong trend, then you can cut off the negative arm (leg?) so it doesn't get any bigger.

If it's not the Disaster Game (and you haven't deliberately left it go bad, it's just a trade gone wrong) then I have to say that I would never have left any trade get to -40.
  • #37,799
  • Jan 10, 2019 7:11am Jan 10, 2019 7:11am
Chart is starting to look ridiculous ... at least now we know there is something with 30 ish and 70 ish.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 47 KB
Fix up, trade sharp ...
  • #37,800
  • Jan 10, 2019 7:15am Jan 10, 2019 7:15am
Quoting HappyMan
So, how does one fix a bad trade? -40 pips and going down. I did get +10 when the low broke. What else can one do? Just wait? Ideas, suggestions, thoughts are welcome.
Hi. sometimes it might be wise to use a stop.
i say this because ridiculous margin rates makes countering harder.
UNLESS YOU HAVE A BIG BANK ROLL.
or even a small bank roll if you trade very small lots. ( it is all percentages)
The last few days with G/U have been difficult but that is Brexit plus Christmas break.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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