Billytt Die happy trading e/j daily breakout | Page 414 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #8,261
  • Apr 25, 2016 3:31pm Apr 25, 2016 3:31pm
My test results are in:
Attached Image
every Saint has a past. Every Sinner has a Future
  • #8,262
  • Apr 25, 2016 4:08pm Apr 25, 2016 4:08pm
Quoting turnip15
My test results are in: {image}
Mine too.
Attached Image
  • #8,263
  • Apr 25, 2016 7:33pm Apr 25, 2016 7:33pm
Hi all, nice work Claudia with G/U. my A/U short is still not fixed. I got approx. 50% back and it is on hedge until 04-00 ends Tuesday. Very short range too, so it should go if not Wednesday. What is that song I FEEL GOOD.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,264
  • Apr 25, 2016 7:34pm Apr 25, 2016 7:34pm
Quoting turnip15
My test results are in: {image}
nice one Mr T
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,265
  • Apr 26, 2016 2:25am Apr 26, 2016 2:25am
08-23, cannot stop. still sorting out that A/U short from yesterday but I Cable was a beauty.
chart showing todays 4 hour candles and expected modest 100 range so far.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,266
  • Apr 26, 2016 2:29am Apr 26, 2016 2:29am
A/U chart showing todays 4 hour candles and expected range of a modest 60 and normal 100. the 04-00 has an ideal ran ge to smash it to pieces. The 04-00 low was not trigger. trade well all
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,267
  • Apr 26, 2016 2:42am Apr 26, 2016 2:42am
BINGO, A/U 04-00 high broke (more of a spike) and everything is now ok. I came to within a half point of triggering a short. That would of been fun not. Due to the short range I might short the 04-00 if it drops and triggers and look for the adr. Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,268
  • Apr 26, 2016 3:10am Apr 26, 2016 3:10am
Quoting billytt
BINGO, A/U 04-00 high broke (more of a spike) and everything is now ok. I came to within a half point of triggering a short. That would of been fun not. Due to the short range I might short the 04-00 if it drops and triggers and look for the adr. Trade well all.
U/C really wants to test support - held over night two small positions and just closed. Check out E/J on 4h.
  • #8,269
  • Apr 26, 2016 3:10am Apr 26, 2016 3:10am
GBP 5min chart short


Fibo e 261.8 +1Before last bollinger +Power
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  • #8,270
  • Apr 26, 2016 3:14am Apr 26, 2016 3:14am
Quoting Nitsan_Levi
{quote} {quote} The CAD 2h power out in stop loss , but was good try... I wait for the next 2h power at cad...its will be after 3 Power that Failed , so its shold be easy one to pick. {image}
Quoting Nitsan_Levi
{quote} Ok, its end blue...I gonna buy it when/if will break the high of the power candle , if make low for the power candle cancel this long {image}

CAD made new Power for short
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  • #8,271
  • Apr 26, 2016 3:18am Apr 26, 2016 3:18am
Quoting Nitsan_Levi
GBP 5min chart short Fibo e 261.8 +1Before last bollinger +Power {image}
Not so sure. There's no data around until NY at 13.30 yet it still goes up. I'm out for the moment watching.
  • #8,272
  • Apr 26, 2016 3:19am Apr 26, 2016 3:19am
Quoting Nitsan_Levi
{quote} {quote} CAD made new Power for short {image}
Shorted that yesterday just closed.
  • #8,273
  • Apr 26, 2016 3:39am Apr 26, 2016 3:39am
Claudia , and Billytt ,and all who wants to to answer ,I want to ask you a few questions :

1. What you stop/take profit ratio ? you risk 1$ for 1$ or for 2$ or more or less? (1:1 1:2 1:3 2:1 etc) ?
2. How many positions you can be open at same time?
3.You work only on Forex?
4.What your average pips target ? (you try to take average X pips for trade, if yes what the number?)
5.Do you get from your broker commission refunds,Rebate spreads?


To be fair, I also will answer these questions :

1. 1:1 in all Strategies , But in my table I have 1 Strategy that I take 1:5 (not alot of win with this one , but a win bring alot of profit)
2. 10 Positions are open all the time , 1 out 1 enter , 10 position =1 position for each of the strategies (If you want I will show you my table)
3. No , I trade all the market include Commodities ,Stocks ,Indices and Bonds
4. I dont try to take any target of pips, I fit the size of the position to the pips I take by the Strategy+Time frame
5. 25% of all spreads back every month.
  • #8,274
  • Apr 26, 2016 3:41am Apr 26, 2016 3:41am
Another one worth keeping an eye on old Swissy. Would like to see it hit that short term support then more upside?
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  • #8,275
  • Apr 26, 2016 3:52am Apr 26, 2016 3:52am
Quoting Nitsan_Levi
GBP 8h chart short Wait for the SMA400 + AB=CD +FIBO E 261.8 GBP 8h chart short Wait for the SMA400 + AB=CD +FIBO E 261.8 {image}

Price on 8h sma400 ^
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  • #8,276
  • Apr 26, 2016 4:01am Apr 26, 2016 4:01am
Quoting Nitsan_Levi
Claudia , and Billytt ,and all who wants to to answer ,I want to ask you a few questions : 1. What you stop/take profit ratio ? you risk 1$ for 1$ or for 2$ or more or less? (1:1 1:2 1:3 2:1 etc) ? 2. How many positions you can be open at same time? 3.You work only on Forex? 4.What your average pips target ? (you try to take average X pips for trade, if yes what the number?) 5.Do you get from your broker commission refunds,Rebate spreads? To be fair, I also will answer these questions : 1. 1:1 in all Strategies , But in my table I have 1 Strategy...
Every trade to me is different and I usually don't use stops. Profit ratio/target pips etc are also irrelevant to me. I was trained to make money not pips - can have a negative day on pips and still be profitable.

Number of open trades - maybe two or three but can go much much higher than that on a crazy day compounding to correct positions.

Trade fx (mainly cable) daily and also UK equities. Sometimes commodities and indices but not often.

With main 'broker' only pay spreads. They don't work with the rebate companies.
  • #8,277
  • Apr 26, 2016 4:05am Apr 26, 2016 4:05am
Quoting claudia1
Another one worth keeping an eye on old Swissy. Would like to see it hit that short term support then more upside? {image}
@billy have a look at the 4h on this one now.
  • #8,278
  • Apr 26, 2016 4:20am Apr 26, 2016 4:20am
[quote=Nitsan_Levi;8892896]Claudia , and Billytt ,and all who wants to to answer ,I want to ask you a few questions

Hello Nitsan, good brokers don't give rebate.
When I traded professionally I looked for 20 pips and compounded 100 range mainly with E/J. Compounding with selective trades.
I now play for fun looking for 5 after spread, but I would not hesitate to trade very hard if I want something.
I use a 20 stop for my stats but I will always adjust my stop if I get a bad trade .
I will not hesitate to have a 40 stop to make 5 as I know I will not lose.
I have a good method and am actually live trading a new idea.

edit. I trade a/u and cable and usually only one at a time. If I correct a trade I will open extra lots.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,279
  • Apr 26, 2016 4:25am Apr 26, 2016 4:25am
Quoting billytt
Quoting Nitsan_Levi
Claudia , and Billytt ,and all who wants to to answer ,I want to ask you a few questions Hello Nitsan, good brokers don't give rebate. When I traded professionally I looked for 20 pips and compounded 100 range mainly with E/J. Compounding with selective trades. I now play for fun looking for 5 after spread, but I would not hesitate to trade very hard if I want something. I use a 20 stop for my stats but I will always adjust my stop if I get a bad trade . I will not hesitate to have a 40 stop to make 5 as I know I will
...
It is a very relaxing way to trade. It is so much easier to make your daily bread if you have decently sized account. It allows for a size to be used that allows one to get what one needs with very few pips.
If you are good at something, never do it for free--Joker
  • #8,280
  • Apr 26, 2016 4:29am Apr 26, 2016 4:29am
Quoting jmn5611
{quote}{quote} It is a very relaxing way to trade. It is so much easier to make your daily bread if you have decently sized account. It allows for a size to be used that allows one to get what one needs with very few pips.
That's a very good point.
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