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Billytt Die happy trading e/j daily breakout

  • #9,901
  • Aug 19, 2016 4:43am Aug 19, 2016 4:43am
[quote=PippyTheGrt;9092334]{quote} Yes, thanks. 9 straight profits, 3 hedges this week. On the hedges (all profitable) I managed to make more profit than the straight wins. I'd almost want a trade NOT to go into profit,
That is what i keep saying, my bad trades always make me a lot more ££.due to different lot sizes and ranges.
We can get trouble but as long as the hedge/counter is running and we stick to valid triggers all will be good. Any doubt just close the trade with a loss and trade tomorrow, the stats say you'll get it back. Just trade the method, simples
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,902
  • Aug 19, 2016 5:17am Aug 19, 2016 5:17am
Quoting TooSlow
{image} See bars 1, 8, 12
What are we looking at? Give us a clue
  • #9,903
  • Aug 19, 2016 5:27am Aug 19, 2016 5:27am
[quote=FOURX;9092427]{quote} What are we looking at? Give us a clue[/quot
​ ​ trigger, retrace trigger, retrace trigger off the low . It can and does work but not guaranteed, if i remember . hope all is well..
i was going out but the weather is lousy here..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,904
  • Aug 19, 2016 6:01am Aug 19, 2016 6:01am
Quoting billytt
Quoting PippyTheGrt
{quote} Yes, thanks. 9 straight profits, 3 hedges this week. On the hedges (all profitable) I managed to make more profit than the straight wins. I'd almost want a trade NOT to go into profit, That is what i keep saying, my bad trades always make me a lot more .due to different lot sizes and ranges. We can get trouble but as long as the hedge/counter is running and we stick to valid triggers all will be good. Any doubt just close the trade with a loss and trade tomorrow, the stats say you'll get it back. Just trade the
...
Billytt

Thanks a lot for the explanation , in fact what i learn from you and claudia here , is not what you trade that is really important (the trigger) but its how you trade it... this is the most important ( position management based on stats) ........

it was a very pleasant trading week ..... have all a wonderful weekend ...

SB
trying to make everyday the best risk/reward decisions possible
  • #9,905
  • Aug 19, 2016 6:07am Aug 19, 2016 6:07am
[quote=billytt;9092448]
Quoting FOURX
{quote} What are we looking at? Give us a clue[/quot ​ ​ trigger, retrace trigger, retrace trigger off the low . It can and does work but not guaranteed, if i remember . hope all is well.. i was going out but the weather is lousy here..
Guarantees don't exist, that I can guarantee

Why not hedging the trade instead of putting a stop "somewhere" and take it from there in case it triggers..
EDIT I was referring to TooSlow's setup
It takes courage to grow up and become who you really are - E.E. Cummings
  • #9,906
  • Aug 19, 2016 6:15am Aug 19, 2016 6:15am
[quote=slowbrain;9092497]{quote}{quote} Billytt Thanks a lot for the explanation ,

Claudia will say she doesn't trade off stats, but she does .
Daily Pivot being reached is a stat, Price hitting a 00 is a stat, price hitting a 04-00 candle high/low and retracing before + 10 is a stat. But she then uses her trading method to fix bad trades like the Banks do. Claudia hope i am ok saying this.
I trade off what i call legitimate triggers ((VERY IMPORTANT)) , an 04-00 High/Low Asian Session candle, brilliant stats to win. Then we have daily inside bars and not forgetting the Daily Candle break.
Once we have a trigger and i am now looking to hunt the modest daily Range you can then see trend lines being broken and consolidation ranges. I never trade off a trend line but they are helpful once in a trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,907
  • Aug 19, 2016 6:20am Aug 19, 2016 6:20am
[quote=PippyTheGrt;9092507][quote=billytt;9092448]{quote} Guarantees don't exist, that I can guarantee Why not hedging the trade instead of putting a stop "somewhere" and take it from there in case it triggers.. EDIT I was referring to TooSlow's setup[/quote

Hi, i used the wrong word (guaranteed) as i couldn't think straight lol and still can't. i would have no confidence trading like that. But i do trade retrace but different circumstances, Trade well bud and have a good week end.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,908
  • Aug 19, 2016 6:27am Aug 19, 2016 6:27am
[quote=billytt;9092524][quote=PippyTheGrt;9092507]
Quoting billytt
{quote} Guarantees don't exist, that I can guarantee Why not hedging the trade instead of putting a stop "somewhere" and take it from there in case it triggers.. EDIT I was referring to TooSlow's setup[/quote Hi, i used the wrong word (guaranteed) as i couldn't think straight lol and still can't. i would have no confidence trading like that. But i do trade retrace but different circumstances, Trade well bud and have a good week end.
lol
I prefer not thinking straight tbh
Good weekend to you too.
It takes courage to grow up and become who you really are - E.E. Cummings
  • #9,909
  • Aug 19, 2016 7:21am Aug 19, 2016 7:21am
Quoting FOURX
{quote} What are we looking at? Give us a clue
Bars crossing the line.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,910
  • Aug 19, 2016 8:20am Aug 19, 2016 8:20am
Quoting TooSlow
{image} Bar crossing the previous day's high line.
On UC, over the last 1000 days, for the days that triggered, 87-90% reached at least 5 pips (short/long).
It takes courage to grow up and become who you really are - E.E. Cummings
  • #9,911
  • Aug 19, 2016 8:32am Aug 19, 2016 8:32am
Quoting TooSlow
{quote} {image} I know Another galaxy.
That just made me lmfao.
It keeps getting better
It takes courage to grow up and become who you really are - E.E. Cummings
  • #9,912
  • Aug 19, 2016 8:34am Aug 19, 2016 8:34am
Quoting PippyTheGrt
{quote} That just made me lmfao. It keeps getting better
Is there a thread where you discuss your hedge?
Don't want to clog up this thread.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #9,913
  • Aug 19, 2016 8:39am Aug 19, 2016 8:39am
Quoting PippyTheGrt
{quote} On UC, over the last 1000 days, for the days that triggered, 87-90% reached at least 5 pips (short/long).
g/u and a/u are better than that.
edit, for +10
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,914
  • Aug 19, 2016 8:40am Aug 19, 2016 8:40am
Cable 4 am break -chart so far -posted 1439 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: Billy1438.jpg Size: 241 KB
every Saint has a past. Every Sinner has a Future
  • #9,915
  • Aug 19, 2016 8:40am Aug 19, 2016 8:40am
Quoting TooSlow
{quote} Is there a thread where you discuss your hedge? Don't want to clog up this thread.
the hedge is the main thing and classified, or my way is lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,916
  • Aug 19, 2016 8:43am Aug 19, 2016 8:43am
Quoting turnip15
Cable 4 am break -chart so far -posted 1439 hours. {image}
Hi Mr T, omg I just saw your chart , I did say earlier I was itching to short cable, I am glad it went down even though I didn't touch it,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,917
  • Aug 19, 2016 8:45am Aug 19, 2016 8:45am
Quoting billytt
{quote} the hedge is the main thing and classified, or my way is lol
In the infamous words of Turnip 'WTF' is going on?
  • #9,918
  • Aug 19, 2016 8:49am Aug 19, 2016 8:49am
Quoting claudia1
{quote} In the infamous words of Turnip 'WTF' is going on?
lol, it is keeping a negative trade open until it is corrected as you know. I have perfected it. Unless extremely lucky yay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,919
  • Aug 19, 2016 8:50am Aug 19, 2016 8:50am
I have just been out cycling in the rain. It was sooooooooooooooo good.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #9,920
  • Aug 19, 2016 8:55am Aug 19, 2016 8:55am
I have discovered why my Pc types backwards at times. It is after I add an emotion
...lol deneppah tahw ees uoy nac ,taht ekil​
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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