Looks like a particularly bad month for the BillyBar so far. I count 8 fails on the first break for the last 21 days including today. 1 day to go.
There were also 2 consecutive fails followed by a tripple fail on 11/06 (first, second, third break failed to reach +5) followed by a fail on 14/06 and one more fail on 15/06. So three days in a row there where price failed to reach to the +5 Pips after the first break. Increasing trade size after a fail on the next day? Hmm...
Still a 61,90% win rate but it's 13 x 5 = 65 Pips on the positive side compared to 8 fails (full size of the ranges) summing up to a total of -103,6 Pips. A -38,6 Pips gross loss. Including brokers fees of say 1 Pip net it would be a further -21 Pips added to it over the 21 entries.
@Billly, nice to see you back. My best regards.
There were also 2 consecutive fails followed by a tripple fail on 11/06 (first, second, third break failed to reach +5) followed by a fail on 14/06 and one more fail on 15/06. So three days in a row there where price failed to reach to the +5 Pips after the first break. Increasing trade size after a fail on the next day? Hmm...
Still a 61,90% win rate but it's 13 x 5 = 65 Pips on the positive side compared to 8 fails (full size of the ranges) summing up to a total of -103,6 Pips. A -38,6 Pips gross loss. Including brokers fees of say 1 Pip net it would be a further -21 Pips added to it over the 21 entries.
@Billly, nice to see you back. My best regards.