Billytt Die happy trading e/j daily breakout | Page 370 | 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

  • #7,381
  • Feb 23, 2016 5:52am Feb 23, 2016 5:52am
Quoting claudia1
{quote} Never heard of Grey Goose Vodka but sure could do with one. Don't no what I'm moaning about still up and it's early days. You done well nearly 12 months off.
I just do not feel like drinking, most odd
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,382
  • Feb 23, 2016 5:52am Feb 23, 2016 5:52am
Quoting landsat
{quote} claudia previous monthly low ... may be we need to pull the sting first before to break ? {image}
Good chart. Yep you probably right.

I just look for a few quick moves a day lol as I type I got it. Closed 4 from 5 70% to target.

Live in a world of my own don't follow me Billy has good systems I'm a wild card
  • #7,383
  • Feb 23, 2016 5:57am Feb 23, 2016 5:57am
Quoting billytt
{quote} I just do not feel like drinking, most odd
No it's good. Friend of mine was on two bottles of vodka a day what a mess. After 2 months in rehab she hasn't touched it for 18 months.
  • #7,384
  • Feb 23, 2016 5:59am Feb 23, 2016 5:59am
Quoting landsat
{quote} claudia previous monthly low ... may be we need to pull the sting first before to break ? {image}
Just need a break of that line which was my morning target and off we go.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 21 KB
  • #7,385
  • Feb 23, 2016 6:04am Feb 23, 2016 6:04am
Good morning to every one had a good start for the day took 6 pips net of spread AUD 4AM BREAK there was a little more but some how I am not happy long on Aud,, not that what I say has any mystic power . Got to be out and about this week I think this makes me feel disjointed with trading,, but it shouldn't ,, Stick to the plan see a trigger and trade it,,simples,,. mm
  • #7,386
  • Feb 23, 2016 6:10am Feb 23, 2016 6:10am
Quoting claudia1
{quote} Good chart. Yep you probably right. I just look for a few quick moves a day lol as I type I got it. Closed 4 from 5 70% to target. Live in a world of my own don't follow me Billy has good systems I'm a wild card
Claudia

I'm not following ... I try to understand and adapt the signal and trying to get a MM in my confort zone .I do believe that even billy or yourself give a complete trading system ,i will not be able to make money with it , first i need to adapt it to my confort zone ... this the main issue with trading system , if 5 peoples use the same system with the same parameters , we will have 5 differents results ..

by the way i always enjoy to work with mavericks or wild cards in my team
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,387
  • Feb 23, 2016 6:19am Feb 23, 2016 6:19am
Quoting landsat
{quote} Claudia I'm not following ... I try to understand and adapt the signal and trying to get a MM in my confort zone .I do believe that even billy or yourself give a complete trading system ,i will not be able to make money with it , first i need to adapt it to my confort zone ... this the main issue with trading system , if 5 peoples use the same system with the same parameters , we will have 5 differents results .. by the way i always enjoy to work with mavericks or wild cards in my team
Totally agree with what you say. The results will always be different and you have to approach it in a way that suits you - and yes in your own comfort zone.

I was taught to trade very aggresively now relatively cautious and not sure it suits me lol but get by.
  • #7,388
  • Feb 23, 2016 6:55am Feb 23, 2016 6:55am
[quote=Piprader;8771293]Good morning to every one had a good start for the day took 6 pips net of spread AUD 4AM BREAK there was a little more but some how I am not happy long on Aud,, not that what I say has any mystic power .

Hi Pip, I am the same with A/U , I have the stats ,the triggers to say it is going up but I just don't feel happy with it.... It is a pure emotional reason why.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,389
  • Feb 23, 2016 7:00am Feb 23, 2016 7:00am
[quote=landsat;8771305]{quote} Claudia I'm not following ... I try to understand and adapt the signal and trying to get a MM in my confort zone .I do believe that even billy or yourself give a complete trading system ,i will not be able to make money with it ,

Hi landsat, correct again, Trade how it suits you. Look at the Daily break for instance. It breaks I trade I get 5. Why not change it slightly for instance. Let it break then trade only on a retrace so let it break retrace to -5 then trade and get 15 pre spread..
Like Claudia trades she is aggressive, I am the same .I make more money off a bad trade than the normal 5 point trade..
My trading is geared around losing trades.Now tell that to the FF gurus lol. Trade well bud.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,390
  • Edited 7:27am Feb 23, 2016 7:12am | Edited 7:27am
Quoting billytt
Quoting landsat
{quote} Claudia I'm not following ... I try to understand and adapt the signal and trying to get a MM in my confort zone .I do believe that even billy or yourself give a complete trading system ,i will not be able to make money with it , Hi landsat, correct again, Trade how it suits you. Look at the Daily break for instance. It breaks I trade I get 5. Why not change it slightly for instance. Let it break then trade only on a retrace so let it break retrace to -5 then trade and get 15 pre spread.. Like Claudia trades she is
...
good point Billy ...

by the way i start to realize that spread is an issue with such tight TP , i'm using Oanda and the spread is :
E/J 2.1 1.8
A/U 1.2 1.6
G/U 2.4 2.0

edit: the first spread is IG
is these spread comptitive ?
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,391
  • Feb 23, 2016 8:45am Feb 23, 2016 8:45am
Quoting billytt
Quoting landsat
{quote} Claudia I'm not following ... I try to understand and adapt the signal and trying to get a MM in my confort zone .I do believe that even billy or yourself give a complete trading system ,i will not be able to make money with it , Hi landsat, correct again, Trade how it suits you. Look at the Daily break for instance. It breaks I trade I get 5. Why not change it slightly for instance. Let it break then trade only on a retrace so let it break retrace to -5 then trade and get 15 pre spread.. Like Claudia trades she is
...

Hi landsat...and I trade it yet another way...I use the 1 hr bars (Oanda broker) if it is down on the day, I will only trade short.....and I use 80% of the 5 period ATR as my target and 1/2 of that amount as my stop....everyone has their own way....I do the same thing with the daily bars......I place the orders at 5pm for the next daily bar and then forget about it until the next day....

make it your own.....the pips are always there
Plan, Prepare, Execute, Repeat
  • #7,392
  • Feb 23, 2016 8:45am Feb 23, 2016 8:45am
[quote=landsat;8771401]{quote}{quote} good point Billy ...
Hi, All my stats are for 10 points pre spread. Most of my trades when I say I got 5 I actually get 7/8.
When I trade for my 2 investors (minnions) I will get exactly 5 as they have a limited bank roll to play with.
Spread could be an issue but I live with it and work around it.
I do not normally advertise brokers but the one you mentioned first is in my opinion the best, infact maybe one of the best in the world.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,393
  • Feb 23, 2016 8:46am Feb 23, 2016 8:46am
Quoting swingtrade65
{quote}{quote} Hi landsat...and I trade it yet another way...I use the 1 hr bars (Oanda broker) if it is down on the day, I will only trade short.....and I use 80% of the 5 period ATR as my target and 1/2 of that amount as my stop....everyone has their own way....I do the same thing with the daily bars......I place the orders at 5pm for the next daily bar and then forget about it until the next day.... make it your own.....the pips are always there
Hi swing, that is awesome , I cannot add more.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,394
  • Feb 23, 2016 8:48am Feb 23, 2016 8:48am
Hey Claudia, perhaps we should tell landsat about the sacrificial chicken method
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,395
  • Feb 23, 2016 9:00am Feb 23, 2016 9:00am
Quoting billytt
Hey Claudia, perhaps we should tell landsat about the sacrificial chicken method
Save that for a rainy day - got what I wanted woooooooooooo funny day. Ended up with a real mess 14 positions then it finally went.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 23 KB
  • #7,396
  • Feb 23, 2016 9:07am Feb 23, 2016 9:07am
Quoting billytt
Quoting landsat
{quote} Claudia I'm not following ... I try to understand and adapt the signal and trying to get a MM in my confort zone .I do believe that even billy or yourself give a complete trading system ,i will not be able to make money with it , Hi landsat, correct again, Trade how it suits you. Look at the Daily break for instance. It breaks I trade I get 5. Why not change it slightly for instance. Let it break then trade only on a retrace so let it break retrace to -5 then trade and get 15 pre spread.. Like Claudia trades she is
...
Like that. Once people understand you can make money with negative points they starting to get there. Your old growly friend never did.
  • #7,397
  • Feb 23, 2016 9:16am Feb 23, 2016 9:16am
Quoting swingtrade65
{quote}{quote} Hi landsat...and I trade it yet another way...I use the 1 hr bars (Oanda broker) if it is down on the day, I will only trade short.....and I use 80% of the 5 period ATR as my target and 1/2 of that amount as my stop....everyone has their own way....I do the same thing with the daily bars......I place the orders at 5pm for the next daily bar and then forget about it until the next day.... make it your own.....the pips are always there
thanks swingtrade
it make sense
question: which pair on 1 hour ?
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #7,398
  • Feb 23, 2016 9:20am Feb 23, 2016 9:20am
. Once people understand you can make money with negative points they starting to get there.

Good reply, so good I shall repeat it
(((Once people understand you can make money with negative points they starting to get there)))

I have never got to 14 trades at once, as once they start to cancel each other out I close making sure one of them is showing a slight profit.
It does not happen often especially whip but I make a counter then wait for next trigger..
I do it easily lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,399
  • Feb 23, 2016 9:21am Feb 23, 2016 9:21am
Quoting landsat
{quote} thanks swingtrade it make sense question: which pair on 1 hour ?
DONT TELL HIM SWING lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #7,400
  • Feb 23, 2016 9:23am Feb 23, 2016 9:23am
Quoting billytt
{quote} DONT TELL HIM SWING lol
lol ST will as he's a good guy. Just read vegetable mans cake
8 traders viewing now