Billytt Die happy trading e/j daily breakout | Page 2934 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #58,661
  • Jun 17, 2021 11:49pm Jun 17, 2021 11:49pm
Quoting MrGreen95
Billy, Claudia, Lem, Turnip, Pip and others... Do you remember when i was insanely active in this thread, sniffing all around and asking continously classic neophite questions...? My first post here was written on May 14, 2018. It's been three long years, years that have been crucial for me as a developing Trader. Now, you haven't seen me for a while, basically because at some point i have understood that if you want to become succesful in this industry, you have to work your but-off like the hell, and master Yourself for first, because if you don't...
i like that kind of posts, top.
trading is like dancing, don't think and just listen to the music!
  • #58,662
  • Jun 18, 2021 1:17am Jun 18, 2021 1:17am
Quoting soccerfan
{quote} " Speak of the devil....!!! " Hi all..hope you are well, thanks for the mention, Claudia.. I have been viewing this thread from time to time, but with the time difference I was unable to stay in touch with the London session.... Asian session is so slow, so I have been sticking with my Set & forget method on the S&P 500 and the ASX 200...quite good for me as it is mechanical. Great to see some Euro football going on & the UK lockdown easing, hope you'll get out and about... who are we cheering for..?? LOL We've been fortunate here in Oz,...
Good to see you around !! Got England v Scotland tonight should be fun.
  • #58,663
  • Jun 18, 2021 1:23am Jun 18, 2021 1:23am
Quoting lddd
@Claudia the FTSE NTBB break today. {image} High broke and moved 21 Pips from there before it turned again. A buffer of 3 Pips therefor probably would have missed a TP of 20 Pips in my case. As i understood from your earlier posts TP/SL 20/10 is what you use. Now do you let the range break expert taking and managing the trade for you completely on autopilot? Do you actually use it live now? As far as i understood you wanted to? Then what are you doing in such case? Maybe trailing the stop up every X Pips as long as price is moving in your...
I'm trading this manually on a live account at the moment - that could change though ! Don't like trailing stops for some reason. This is a very simple system and I plan to keep it that way. Win rate is high with TP/SL 20/10 although I will use discretion on those and don't set them - only set orders in advance.
  • #58,664
  • Edited 2:33am Jun 18, 2021 2:11am | Edited 2:33am
Quoting claudia1
{quote} I'm trading this manually on a live account at the moment - that could change though ! Don't like trailing stops for some reason. This is a very simple system and I plan to keep it that way. Win rate is high with TP/SL 20/10 although I will use discretion on those and don't set them - only set orders in advance.
Hm yeah. Here is what the EA just did to me. Looks better now but still something wrong. I am using a 3 Pips buffer as recommended. Low broke and woohoo it opened the order i think nearly at the correct spot then got stopped out for the -10 a moment later. It then opened another buy order of doubled size. Not sure why it did that yet.

What are you doing in such case manually. So you get stopped out for -10 on your initial order. Do you then instantly take the break for another time with a buffer if it hits the opposite end of the range again going long here, do you increase size then? Or maybe even enter a third time if the second break fails too?

regards again

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edit, 08:19. Second BUY position stopped out too.
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edit, 08:31. EA opened a third order. Sell at the low break + 3 pips buffer. Increased size again.

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  • #58,665
  • Jun 18, 2021 2:21am Jun 18, 2021 2:21am
FT100 is in ping pong mode!
  • #58,666
  • Jun 18, 2021 2:30am Jun 18, 2021 2:30am
Placed orders on the BillyBar. Lets see. Would prefer long, but what ever happens first.

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  • #58,667
  • Jun 18, 2021 2:47am Jun 18, 2021 2:47am
Quoting herewego
FT100 is in ping pong mode!
Yo. My first two orders got stopped out. 1 x 1 lots -10, 1 x 2 lots -10

It now opened a third order taking the low break again with a sell and it's looking better at the moment, but lets see if it will reach to TP 20 this time. Its now at 4 lots btw. Martin Gale style... It is great and will work IF it's not failing too often in a row it seems. But here the initial position size is still rather small so you have some room to increase at least 2 times. Starting it with so many more lots that you could call it a day once hitting the 20 Pips TP as a daily goal is already different then, it probably will fail more than 3 times in a row at times.

So still not sure about that. Maybe nothing to do with the traditional trading wisdom but more and more looks to me like the only way get consistent results in this trading game.

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  • #58,668
  • Jun 18, 2021 2:50am Jun 18, 2021 2:50am
A bit of extra work but job done
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  • #58,669
  • Jun 18, 2021 2:56am Jun 18, 2021 2:56am
BillyBar GBP/USD +5 with the high break. I am done for today.

Yaaay. At least still made some money from trading at the end of the week with my first and only trade i managed to do.

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  • #58,670
  • Jun 18, 2021 3:30am Jun 18, 2021 3:30am
FTSE in the end for today after 3 orders.

09:30. Disabled the auto-trading now. Will have to find out why it opens multiple orders after a fail and increasing position size.
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  • #58,671
  • Jun 18, 2021 4:12am Jun 18, 2021 4:12am
Quoting soccerfan
{quote} " Speak of the devil....!!! " Hi all..hope you are well, thanks for the mention, Claudia.. I have been viewing this thread from time to time, but with the time difference I was unable to stay in touch with the London session.... Asian session is so slow, so I have been sticking with my Set & forget method on the S&P 500 and the ASX 200...quite good for me as it is mechanical. Great to see some Euro football going on & the UK lockdown easing, hope you'll get out and about... who are we cheering for..?? LOL We've been fortunate here in Oz,...
Good to hear from you buddy. Perfect timing as well, as Claudia and I were discussing that it was time to maybe update the method list on page #1 and your set up hasn't been added so far and it should be.

Would you be willing to put a wee pm run through on exactly what you are doing now and once we get it sorted re posting via Billy once he resurfaces, I can just add you in?

Cheers.
  • #58,672
  • Edited 5:05am Jun 18, 2021 4:50am | Edited 5:05am
Cable M5... no words needed. I didn't take those easy 36 pips cause i waked up too late today due to late night (still building good habits!) But catched someone up in the tricky zone, something like 8/10 pips up and down. My day ends here

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  • #58,673
  • Jun 18, 2021 4:59am Jun 18, 2021 4:59am
Cable H4. Lem will like this screenshot
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  • #58,674
  • Jun 18, 2021 5:46am Jun 18, 2021 5:46am
Lem I'll start things off - I wonder if Keith ever looked in a mirror ?

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  • #58,675
  • Jun 18, 2021 5:59am Jun 18, 2021 5:59am
Its a grey wet day here in the uk, and i am missing my usual holiday location. Oh well heres a reminder.....

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  • #58,676
  • Jun 18, 2021 6:07am Jun 18, 2021 6:07am
Quoting herewego
Its a grey wet day here in the uk, and i am missing my usual holiday location. Oh well heres a reminder..... https://youtu.be/3b-bComz_d8
Can't beat Exile. Saw Noel Edmonds in Villefranche in 2005...now that's rock n roll.
  • #58,677
  • Jun 18, 2021 6:10am Jun 18, 2021 6:10am
Quoting MrGreen95
Cable H4. Lem will like this screenshot {image}
Talking of prop firms have you seen the 5ers 'summer plan' no cash upfront. Worth a look.
  • #58,678
  • Jun 18, 2021 6:11am Jun 18, 2021 6:11am
Quoting LenCohen
{quote} Can't beat Exile. Saw Noel Edmonds in Villefranche in 2005...now that's rock n roll.
Im not so sure that Noel's visit will make it such a rock shrine. but you never know!
  • #58,679
  • Jun 18, 2021 6:14am Jun 18, 2021 6:14am
Quoting MrGreen95
Cable M5... no words needed. I didn't take those easy 36 pips cause i waked up too late today due to late night (still building good habits!) But catched someone up in the tricky zone, something like 8/10 pips up and down. My day ends here {image} {image}
Classic Z-Line plays. Lovely.
  • #58,680
  • Jun 18, 2021 6:16am Jun 18, 2021 6:16am
Quoting herewego
Its a grey wet day here in the uk, and i am missing my usual holiday location. Oh well heres a reminder..... https://youtu.be/3b-bComz_d8
Lovely, sunny and warm here!
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