Billytt Die happy trading e/j daily breakout | Page 425 | 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

  • #8,481
  • May 4, 2016 1:16pm May 4, 2016 1:16pm
Quoting billytt
{quote} That is good Claudia, simple is the way.
absolutely correct Billy....simple is the way....but none of the new folks believe it...there has to be a catch right

We trade as differently as polar opposites can, yet the result is the same....hmmmmm wonder how that can be?
Plan, Prepare, Execute, Repeat
  • #8,482
  • May 4, 2016 1:17pm May 4, 2016 1:17pm
Quoting claudia1
{quote} Well it should make fun reading - strange afternoon.
strange day indeed . If the sun had not come out I would not be in a bad trade. There is a chance I may not trade tomorrow especially with nfp coming up. My stats need to be good. It is safe though
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,483
  • May 4, 2016 1:23pm May 4, 2016 1:23pm
Quoting billytt
{quote} strange day indeed . If the sun had not come out I would not be in a bad trade. There is a chance I may not trade tomorrow especially with nfp coming up. My stats need to be good. It is safe though
You can't blame the weather
  • #8,484
  • May 4, 2016 1:28pm May 4, 2016 1:28pm
Quoting claudia1
{quote} You can't blame the weather
I suppose so, It was/is a glorious day and I haven't seen the sun for ages .I even had my shirt off AND it wasn't my money

edit, I had already made my 50 yay ( I am humble)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,485
  • May 4, 2016 1:34pm May 4, 2016 1:34pm
Quoting billytt
{quote} I suppose so, It was/is a glorious day and I haven't seen the sun for ages .I even had my shirt off AND it wasn't my money edit, I had already made my 50 yay ( I am humble)
Yep been a lovely day - the asylum appears to have opened its doors but we can deal with that lol.
  • #8,486
  • May 4, 2016 1:35pm May 4, 2016 1:35pm
Quoting claudia1
{quote} Yep been a lovely day - the asylum appears to have opened its doors but we can deal with that lol.

All I can say is this: NOT my Monkeys, NOT my circus
Plan, Prepare, Execute, Repeat
  • #8,487
  • May 4, 2016 1:35pm May 4, 2016 1:35pm
Quoting claudia1
{quote} Yep been a lovely day - the asylum appears to have opened its doors but we can deal with that lol.
day release
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,488
  • May 4, 2016 1:36pm May 4, 2016 1:36pm
Quoting swingtrade65
{quote} All I can say is this: NOT my Monkeys, NOT my circus
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,489
  • May 4, 2016 1:40pm May 4, 2016 1:40pm
Quoting swingtrade65
{quote} All I can say is this: NOT my Monkeys, NOT my circus
Twee has a lot to answer for
  • #8,490
  • May 4, 2016 5:21pm May 4, 2016 5:21pm
Quoting billytt
{quote} hi, Re minnions,,,,it is very difficult for me to explain. Once the first few trades are good it gets easier. But without translating into a maths lesson , I have 18k to trade and 10k reserve (not ideal 2nd bank) I look for 300 to 350 per trade normally using 2100 lot size. That goes against what they tell the 90% of losers. Some times when correcting a bad trade we get more than 350 due to lot size adjustments. A very good method is needed which it is and you have to hedge it to the next trigger. Ok I might be lucky but with the minnions...
Thanks billy
  • #8,491
  • May 4, 2016 5:24pm May 4, 2016 5:24pm
hmm lots of crap here. Over the last few hours
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #8,492
  • Edited 5:42pm May 4, 2016 5:30pm | Edited 5:42pm
Quoting billytt
{quote} hi, Re minnions,,,,it is very difficult for me to explain. Once the first few trades are good it gets easier. But without translating into a maths lesson , I have 18k to trade and 10k reserve (not ideal 2nd bank) I look for 300 to 350 per trade normally using 2100 lot size. That goes against what they tell the 90% of losers. Some times when correcting a bad trade we get more than 350 due to lot size adjustments. A very good method is needed which it is and you have to hedge it to the next trigger. Ok I might be lucky but with the...
Now this is where we differ I don't believe in hedging which is taking the opposite side of the trade don't see any point.

I prefer to add to losers until it comes right as you know and do so most days. Back to account size as David brought up the other day which you answered much better than me (thanks).

The answer to his question really is are you comfortable trading say £100 a point and prepared to take a hit at that level. He mentioned 50k account and really that's more than enough for spread betting imo dependendant on leverage, unless you trading multiple pairs. So ..... rambling lol.
  • #8,493
  • May 5, 2016 1:40am May 5, 2016 1:40am
morning, 07-37 here. Both pairs at the moment have a 20/25 04-00 range so I will be trading one of them . Cable looks first choice at the moment and will try and take some of the daily Range.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,494
  • May 5, 2016 1:45am May 5, 2016 1:45am
[quote=claudia1;8909729]{quote} Now this is where we differ I don't believe in hedging which is taking the opposite side of the trade don't see any point. I prefer to add to losers until it comes right as you know and do so most days.

I actually agree Claudia but it is my way of trading, I dislike giving anything away. Instead of closing a bad trade at say -30 I will put a counter trade on and wait for next trigger. Even though I am still -30 I work it good. It is like a machine once my trades start running. Anyway 15 minutes to ding ding. Catch you later
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,495
  • May 5, 2016 1:53am May 5, 2016 1:53am
Cable, todays modest 100 range at 07-52
Attached Image



A/U is still moving up so I cannot put an accurate chart up, trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,496
  • May 5, 2016 1:54am May 5, 2016 1:54am
Quoting billytt
{quote} hi, Re minnions,,,,it is very difficult for me to explain. Once the first few trades are good it gets easier. But without translating into a maths lesson , I have 18k to trade and 10k reserve (not ideal 2nd bank) I look for 300 to 350 per trade normally using 2100 lot size. That goes against what they tell the 90% of losers. Some times when correcting a bad trade we get more than 350 due to lot size adjustments. A very good method is needed which it is and you have to hedge it to the next trigger. Ok I might be lucky but with the minnions...
2100 lot size and 350 profit? How many pips? Is norte more like 21000 and 10 pips profit?
  • #8,497
  • May 5, 2016 2:02am May 5, 2016 2:02am
08-01 . Finished, end of day .Cable
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,498
  • May 5, 2016 2:05am May 5, 2016 2:05am
Quoting DavidRP
{quote} 2100 lot size and 350 profit? How many pips? Is norte more like 21000 and 10 pips profit?
Not sure what you mean But a standard lot size now is approx. 21000 and I expect 350 return. It is against the norm (as the GURUS) tell us. But it works. like 3 minutes ago. I got out. Hopefully if it retraces past the 04-00 high I can look for the modest daily Range and take a few.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,499
  • May 5, 2016 2:14am May 5, 2016 2:14am
Quoting billytt
{quote} Not sure what you mean But a standard lot size now is approx. 21000 and I expect 350 return. It is against the norm (as the GURUS) tell us. But it works. like 3 minutes ago. I got out. Hopefully if it retraces past the 04-00 high I can look for the modest daily Range and take a few.
thanks billytt
  • #8,500
  • May 5, 2016 2:21am May 5, 2016 2:21am
E/J looks interesting, ib on daily and a few ibs on the 4 hour candle. Not traded by moi.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
6 traders viewing now