Billytt Die happy trading e/j daily breakout | Page 2896 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #57,901
  • Apr 23, 2021 3:23am Apr 23, 2021 3:23am
Quoting billytt
{quote} i am looking at a nice Nigerian broker,


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  • #57,902
  • Edited 4:22am Apr 23, 2021 3:48am | Edited 4:22am
Took another short trade (based on what i saw) SL -7. Currently +10, Moved SL to +5.

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Edit, I got stopped out for +5,5. Yes risked 7 Pips of the 9 i made with the BillBar with that one trade for the week. Good it worked out. I am definitely done now.
  • #57,903
  • Apr 23, 2021 3:49am Apr 23, 2021 3:49am
Quoting billytt
{quote} in those days . You could have £20 in the brokers, and trade £1 per pip with a 20 stop loss and take 20 profit. Today you would need £9248 in the brokers. My trader friends say the ridiculous Margin rate was put there because of me, lol
If you could still hedge in many multiples and then close one side quickly, what would a sleepy broker do, sue you for the margin? Not that i would but just wondering...
  • #57,904
  • Apr 23, 2021 3:57am Apr 23, 2021 3:57am
Quoting Fagin
{quote} If you could still hedge in many multiples and then close one side quickly, what would a sleepy broker do, sue you for the margin? Not that i would but just wondering...
i had 3 brokers and several accounts lol.
actually right now i trade with 2 brokers, playing them against each other.
I am only doing this as cable is messing around.(As i keep posting).
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,905
  • Apr 23, 2021 4:05am Apr 23, 2021 4:05am
Quoting billytt
{quote} i had 3 brokers and several accounts lol. actually right now i trade with 2 brokers, playing them against each other. I am only doing this as cable is messing around.(As i keep posting).
Ha! If they only knew..
  • #57,906
  • Apr 23, 2021 7:49am Apr 23, 2021 7:49am
Looks like your thread is being hijacked by people with learning disabilities. LOTS of suggestions for answers / help.....just same old answers or excuses. Dont see Claudia or Lem or anybody posting here much anymore.
Plan, Prepare, Execute, Repeat
  • #57,907
  • Apr 23, 2021 8:57am Apr 23, 2021 8:57am
Quoting swingtrade65
Looks like your thread is being hijacked by people with learning disabilities. LOTS of suggestions for answers / help.....just same old answers or excuses. Dont see Claudia or Lem or anybody posting here much anymore.
Hi Swing, hope you are well.
They will be about, room does go quiet at times.
I'm still doing ok, lol. we still have some good people here.
trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,908
  • Apr 23, 2021 9:18am Apr 23, 2021 9:18am
Quoting billytt
{quote} Hi Swing, hope you are well. They will be about, room does go quiet at times. I'm still doing ok, lol. we still have some good people here. trade well.
Hey Billytt

i have a question,, i know you use 5 pips of TP,, but how much on STop you use?
i am running the breakout strategy since a year in EURUSD,, catching 5.5 pips each day. I use M30 timeframe and filter with Ema200.
But i dont use Stop,, i keep opening trades 15 pips steps to recover the bad trade,,, usualy i open 3 trades max and take Profits..
but i want something more solid than that,,like a stoploss on the first trade, no more Grid,,..
can you help me with some info??
i trade the 06-10 london box

Juan
  • #57,909
  • Apr 23, 2021 9:26am Apr 23, 2021 9:26am
Quoting ordosgoitia
{quote} Hey Billytt i have a question,, i know you use 5 pips of TP,, but how much on STop you use? i am running the breakout strategy since a year in EURUSD,, catching 5.5 pips each day. I use M30 timeframe and filter with Ema200. But i dont use Stop,, i keep opening trades 15 pips steps to recover the bad trade,,, usualy i open 3 trades max and take Profits.. but i want something more solid than that,,like a stoploss on the first trade, no more Grid,,.. can you help me with some info?? i trade the 06-10 london box Juan

Hello and welcome,
i also do not use a stop.
You seem to be doing well.
I do not use a stop but will counter /hedge and then go onto the next part.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,910
  • Apr 23, 2021 9:30am Apr 23, 2021 9:30am
oops i forgot.
It is St George's day here in England,
I AM PROUD TO CELIBRATE IT, AND PROUD TO BE ENGLISH.
NO DOUBT THE DO GOODERS WILL TRY AND SUBDUE IT ALL.
yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,911
  • Apr 23, 2021 9:34am Apr 23, 2021 9:34am
Quoting ordosgoitia
{quote} i keep opening trades 15 pips steps to recover the bad trade,,, usualy i open 3 trades max and take Profits.. Juan
How often can you get out of your bad trade with this strategy. There will be times that you will be trap for a long haul.
  • #57,912
  • Apr 23, 2021 9:34am Apr 23, 2021 9:34am
Quoting ordosgoitia
{quote} Hey Billytt i have a question,, i know you use 5 pips of TP,, but how much on STop you use? i am running the breakout strategy since a year in EURUSD,, catching 5.5 pips each day. I use M30 timeframe and filter with Ema200. But i dont use Stop,, i keep opening trades 15 pips steps to recover the bad trade,,, usualy i open 3 trades max and take Profits.. but i want something more solid than that,,like a stoploss on the first trade, no more Grid,,.. can you help me with some info?? i trade the 06-10 london box Juan
so you mean if position A is -15 you will add a second position B? and if the first position is -30 you open a third position C?
trading is like dancing, don't think and just listen to the music!
  • #57,913
  • Apr 23, 2021 9:36am Apr 23, 2021 9:36am
Quoting swingtrade65
Looks like your thread is being hijacked by people with learning disabilities. LOTS of suggestions for answers / help.....just same old answers or excuses. Dont see Claudia or Lem or anybody posting here much anymore.
you have a problem with that?
  • #57,914
  • Apr 23, 2021 9:43am Apr 23, 2021 9:43am
Quoting birdland
{quote} so you mean if position A is -15 you will add a second position B? and if the first position is -30 you open a third position C?
yes,, i do a grid trading,, open new trade every 15 pips
  • #57,915
  • Apr 23, 2021 9:48am Apr 23, 2021 9:48am
[quote=ordosgoitia;13508924]{quote} yes,, i do a grid trading,, open new trade every 15 pips[/quo
Speaking grid trading.
i trade something similar to a grid when i have a fail, or/when chasing daily range.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #57,916
  • Apr 23, 2021 10:12am Apr 23, 2021 10:12am
[quote=billytt;13508934]
Quoting ordosgoitia
{quote} yes,, i do a grid trading,, open new trade every 15 pips[/quo Speaking grid trading. i trade something similar to a grid when i have a fail, or/when chasing daily range.
What you use bro?
  • #57,917
  • Apr 23, 2021 11:21am Apr 23, 2021 11:21am
Quoting ordosgoitia
{quote} Hey Billytt i have a question,, i know you use 5 pips of TP,, but how much on STop you use? i am running the breakout strategy since a year in EURUSD,, catching 5.5 pips each day. I use M30 timeframe and filter with Ema200. But i dont use Stop,, i keep opening trades 15 pips steps to recover the bad trade,,, usualy i open 3 trades max and take Profits.. but i want something more solid than that,,like a stoploss on the first trade, no more Grid,,.. can you help me with some info?? i trade the 06-10 london...

Are you saying that

1) in all of last year, there's never been a day where you have had losses? Or
2) after 3 positions, you will cut your losses at some point?
  • #57,918
  • Apr 23, 2021 1:34pm Apr 23, 2021 1:34pm
[quote=billytt;13506222]
Quoting lddd
...I dont trade ideas or if i think i know where price is, i trade stats and the method.
May be your best post ever, BillyTT. Cheers, mate!

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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #57,919
  • Edited 2:29am Apr 24, 2021 2:15am | Edited 2:29am
@ia (or anybody) advisor pairs/times for next week.

Will add another six next week with afternoon times. Then that's it ! Gives 150 potential trades weekly of which Around 50% should be activated.

Still playing with settings but no rush.

May will be interesting.

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  • #57,920
  • Apr 24, 2021 2:37am Apr 24, 2021 2:37am
Rush, I am always playing 2112 or part of the album.
I saw these many moons ago.
I knew a Canadian girl and Rush played at her school prom, or whatever it was called in the 70s.
Happy Days.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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