Billytt Die happy trading e/j daily breakout | Page 2982 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Rules for die-hards... 47 replies

Trading Systems work for 6-12 mnths then die? 14 replies

5 Rules to Trade or Die By 5 replies

Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies

die young 8 replies

Attachments: Billytt Die happy trading e/j daily breakout
Exit Attachments

Billytt Die happy trading e/j daily breakout

  • #59,621
  • Sep 10, 2021 1:09pm Sep 10, 2021 1:09pm
Quoting lddd
{quote} I already thought you didn't mean that so strictly with not having a stop loss. Like said i also tried to hedge my risk and counter my entry on the BillyBar at the opposite end instead of placing a fixed SL. But that hasn't played much of a difference so far for me. Instead i then even ended up paying more and more in fees holding the one negative and one positive position until the next day/s/week/s. So if you don't have a well defined game plan of what exactly on such locked-in situation then why doing it, right. Doesn't makes...
If you want to know what you are doing wrong, ask someone who knows. I offered help in the post above. If you ask the internet, you will get internet answers.
Plan, Prepare, Execute, Repeat
  • #59,622
  • Sep 10, 2021 2:38pm Sep 10, 2021 2:38pm
Quoting Fagin
{quote} I was talking to a mate about this last night (in the pub for a change). I couldn't or can't find a word for it anymore, I know it must end in an "ism" but what is it now?
It is fascism. Read Hannah Arendt, Chris Hedges, Sheldon Wolin.
  • #59,623
  • Sep 10, 2021 4:16pm Sep 10, 2021 4:16pm
Quoting ikdenk
{quote} It is fascism. Read Hannah Arendt, Chris Hedges, Sheldon Wolin.
All "isms" are different colours painted by the same brush.
  • #59,624
  • Sep 10, 2021 4:31pm Sep 10, 2021 4:31pm
Quoting swingtrade65
{quote} If you want to know what you are doing wrong, ask someone who knows. I offered help in the post above. If you ask the internet, you will get internet answers.
Just noticed your post. Thanks for you kind response. Will get in touch with you. Need to have a break for now of the internet.
  • #59,625
  • Sep 10, 2021 8:18pm Sep 10, 2021 8:18pm
Quoting lemercenaire
{quote} I have a Czech friend who is moving back home to escape from the encroaching and all smothering Marxism he sees appearing throughout the West now. He and his family saw enough of that and suffered under it for too long in the past. Whoever would have seen that coming?
I am living in rural South Australia now.. .Losing touch with all the stuff going on in the world..in a good way.!!!
There's a lot to be said for getting away from all the BS..lol
Simple country living.
Onwards and upwards...
  • #59,626
  • Sep 11, 2021 6:53am Sep 11, 2021 6:53am
Quoting soccerfan
{quote} I am living in rural South Australia now.. .Losing touch with all the stuff going on in the world..in a good way.!!! There's a lot to be said for getting away from all the BS..lol Simple country living.
Got Man Utd away today - got disaster written all over it.
  • #59,627
  • Sep 11, 2021 10:55am Sep 11, 2021 10:55am
Quoting claudia1
{quote} Got Man Utd away today - got disaster written all over it.
Wasn't wrong. Celtic bet won again though with 3 goals.
  • #59,628
  • Sep 12, 2021 4:48am Sep 12, 2021 4:48am
Clues for next week on cable are here. Suspecting a bounce up then down down down.

New advisor should be available towards the end of the week.
Attached Image (click to enlarge)
Click to Enlarge Name: USDindex(£)Weekly.png Size: 26 KB
  • #59,629
  • Sep 12, 2021 7:23am Sep 12, 2021 7:23am
Quoting claudia1
{quote} Wasn't wrong. Celtic bet won again though with 3 goals.
That Ron bloke ain't too bad...got them next week...
Onwards and upwards...
  • #59,630
  • Sep 12, 2021 7:30am Sep 12, 2021 7:30am
Quoting soccerfan
{quote} That Ron bloke ain't too bad...got them next week...
Second bottom now !
  • #59,631
  • Sep 13, 2021 12:35am Sep 13, 2021 12:35am
Quoting claudia1
{quote} Second bottom now !
Could be worse.... Norwich are yet to get a point
Onwards and upwards...
  • #59,632
  • Sep 13, 2021 5:31am Sep 13, 2021 5:31am
Didn't trade it but new advisor would have done. Trailing s/l comes in play.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30(£)M15.png Size: 24 KB
  • #59,633
  • Sep 14, 2021 3:12am Sep 14, 2021 3:12am
For anyone using the Kijun-sen for scalping.

I have modified the standard MT4 indicator Ichimoku to show only the Kijun-sen line.

This way you don't have the all other parts of the Ichimoku 'invisibly' floating around your chart, popping up at unexpected moments interfering with your concentration.
Attached File(s)
File Type: mq4 Kijun sen.mq4   2 KB | 328 downloads
  • #59,634
  • Sep 14, 2021 3:41am Sep 14, 2021 3:41am
a good friend asked me this question yesterday, which i could not answer logically without resorting to conspiracy theories. maybe one of you has an answer?


"...And then yesterday the proof that it is not about health under any circumstances.
Seven days ago, the UK health authority officially announced the approval of Europe's first inactivated vaccine, Valneva.
The news was a great hope for millions of people who do not trust mRNA treatments.

In the foreseeable future there will be a vaccine made in the proven way and I am quite sure that many people will choose it.
6 days ago, ONE day after the announcement, the CEO of Valneva suddenly stood up and asked people NOT to wait for his product.

In several interviews the man has stressed , people should NOT prefer his own product , he has sabotaged ( MUST sabotage ? ) his own product .
I have never seen anything like this in 35 years as an entrepreneur !!!

And yesterday the British government suddenly announced that it would cancel the 1.4 billion pound orders for millions of doses that had been bought from Valneva.
Reason ? "Breach of contract in the SUPPLY CONDITIONS!
With TERMS OF DELIVERY of a product that strictly speaking DOES NOT EXIST !!!

It is absurd.
It is absurd to sabotage a vaccine that could close the gap to the allegedly necessary 80 percent vaccination rate in all countries.
If it were really about people's health and the protection of society , then responsible people would RAPIDLY make this vaccine available , instead of putting it on the back burner .

So I ask myself :
WHY DOES IT HAVE TO BE mRNA ?
What is in it ? What is the real plan , what are the real reasons ?

It is not about the protection of society ( arguments see above ) it is not about the health of the people ( see above )

so
WHAT IS THIS ABOUT ? "
trading is like dancing, don't think and just listen to the music!
  • #59,635
  • Sep 14, 2021 4:04am Sep 14, 2021 4:04am
Quoting soccerfan
{quote} I am living in rural South Australia now.. .Losing touch with all the stuff going on in the world..in a good way.!!! There's a lot to be said for getting away from all the BS..lol Simple country living.
What is what about...??
Onwards and upwards...
  • #59,636
  • Edited 7:50am Sep 14, 2021 7:34am | Edited 7:50am
Got caught on a news spike. Ouch... SL respected at least but with -2 Pips slippage on top.

Attached Image (click to enlarge)
Click to Enlarge Name: r3meIU4.jpeg Size: 113 KB


Edit. Nice M15 candle. Already a 45 Pips. My mistake for not checking the news before i entered. However it also happened to me in the past where there were no clear news you could have been aware of. So it might be more like you never know until you know.

Are indices like the FTSE or DAX or what ever other markets also influenced so heavily by news/fundamentals? Maybe less likely to get such news spikes during a normal trading day during EU/NY session times? Maybe that would be already a reason for me to switch to find a different strategy for that instead.

Then you get even a negative slippage on top of your order and lost far more than what you calculated with...All the nice calculation goes out the window

Attached Image (click to enlarge)
Click to Enlarge Name: 2zCAoxO.jpeg Size: 109 KB
  • #59,637
  • Sep 14, 2021 9:38am Sep 14, 2021 9:38am
reversed back already.
Allergic to bullshitters, never argue with fools
  • #59,638
  • Edited 9:51am Sep 14, 2021 9:40am | Edited 9:51am
Probably doing the opposite of what is recommended.

- Revenge trading
- Entered short on the time frame where my candle was still showing bullish.
- Entered short after a decent move up caused by news.
- Entered against the trend. All higher time frames above my executional one (M15) the overall trend to me looks like "up" (M30-Daily).

Ended up with +25 Pips. Minus the prior trade that i lost i am now +12 again. That is 2 times more than my actual daily goal of +5 so i can/want/will stop for today.

Bad things, no trade according to any plan. Not the entry, not the SL, not the TP, not the time of the day.

Attached Image (click to enlarge)
Click to Enlarge Name: ac0g6mT.jpeg Size: 104 KB


Only 3 days left to hit the profit target of +5%. Two days of "min. trading days" are still missing anyways to pass all the objectives.

Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2021-09-14 um 16.45.59.png Size: 391 KB
  • #59,639
  • Sep 14, 2021 9:56am Sep 14, 2021 9:56am
yes exactly

prop funds want you to rush trade to qualify so that they can get your fees. objectives are also unrealistic and mostly asking for 10 percent growth in a month with tight dd
Allergic to bullshitters, never argue with fools
  • #59,640
  • Sep 14, 2021 11:28am Sep 14, 2021 11:28am
Quoting Muhammedfx
yes exactly prop funds want you to rush trade to qualify so that they can get your fees. objectives are also unrealistic and mostly asking for 10 percent growth in a month with tight dd
Agree. But the 10% profit target is only to pass the challenge and get eligible for a profit share. You are not forced to make a 10% return every month. Once you passed the challenge and verification period you won't have a profit target anymore. All you then have to consider is not to exceed the drawdown limits and a few other rules like not placing a trade short before or after a red scheduled news event (like what i did today).

I said i wanted to stop for today haha? I entered long again on GU for the FTMO trial i am doing because it looked so seductive and i am not sure the next days i am even available for trading. Will however now move SL to break even and then let it proof me wrong or targeting another +15 Pips. Then i have a good base for hitting the profit target until Friday evening i think.

Attached Image (click to enlarge)
Click to Enlarge Name: OYWTsls.jpeg Size: 122 KB


Edit, moved SL to B/E. Currently +9.

Attached Image (click to enlarge)
Click to Enlarge Name: KvjyakS.jpeg Size: 122 KB
15 traders viewing now