Billytt Die happy trading e/j daily breakout | Page 679 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #13,561
  • Jan 10, 2017 2:24am Jan 10, 2017 2:24am
Quoting billytt
{quote} Hi, 1st, i expect every trade to fail. 1 fail should be followed by a win, 2 fails should have big chance then of win. It is the counter to the next trigger? which is the game player. A counter never fails unless you manually close it. co
Unless you live in the US -.- real drag... I guess I could use other pairs to hedge... but that isn't a pure limbo
  • #13,562
  • Jan 10, 2017 2:26am Jan 10, 2017 2:26am
Quoting wannalearn12
GU just paid up . Grind away. Had a some consecutive losses add up. Was no fun. Grinding it back. Nothing major. Here is chart. {image}
proper chart, down down down even better if you are trading it yay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,563
  • Jan 10, 2017 2:32am Jan 10, 2017 2:32am
No Frankfurt Break this morning - too big a range (29 pips).

Billy's DAX-Monster hit me with a head-fake out of the Northern Zone but put the smile back on my face by turning round and banging through a counter into a Breakout to the North. (Could have added a fantastic WZ trade of that candle (the 08:00) as it reversed it all the way back...

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  • #13,564
  • Jan 10, 2017 2:33am Jan 10, 2017 2:33am
Quoting billytt
{quote} proper chart, down down down even better if you are trading it yay
hi bill,
only grabbed 5pips, but it's ok
things i need to learn more is how to trade when the trigger fails. can you elaborate your way?
thanks
I Will Never Give Up
  • #13,565
  • Jan 10, 2017 2:38am Jan 10, 2017 2:38am
Quoting lemercenaire
No Frankfurt Break this morning - too big a range (29 pips). Billy's DAX-Monster hit me with a head-fake out of the Northern Zone but put the smile back on my face by turning round and banging through a counter into a Breakout to the North. (Could have added a fantastic WZ trade of that candle (the 08:00) as it reversed it all the way back... GER30M15DAX-Monster10thJan17.png;2132975 {image}
Dax is non-usa right?
  • #13,566
  • Jan 10, 2017 2:51am Jan 10, 2017 2:51am
Quoting wannalearn12
GU just paid up . Grind away. Had a some consecutive losses add up. Was no fun. Grinding it back. Nothing major. Here is chart. {image}
You paying a big spread if I'm reading it right at 2.0.

I'm paying less than half that currently 0.9 on gu. Worth looking at can make the difference between get stopped out and a gain.
  • #13,567
  • Jan 10, 2017 2:54am Jan 10, 2017 2:54am
Quoting learn2fly
{quote} hi bill, only grabbed 5pips, but it's ok things i need to learn more is how to trade when the trigger fails. can you elaborate your way? thanks
Sometimes i repeat (sometimes) i make 2 trades on a break, the first trade closed at +5 and the second trade i will let run, hopefully getting the good moves.
Or like wanna also pointed out (which i also do) We have trigger then retrace, enter a second trade on retrace for extra points..
Why 5%? , people go to work for x amount per week. My 5% per day is looked at in the same way.
Show me any bank which will give me 5% per day back,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,568
  • Jan 10, 2017 2:57am Jan 10, 2017 2:57am
Quoting learn2fly
{quote} hi bill, only grabbed 5pips, but it's ok things i need to learn more is how to trade when the trigger fails. can you elaborate your way? thanks
you only need 5.. If i get a fail i counter . So then have 2 trades running. A win and a fail and then you wait for next trigger. Soon enougfh you will have 2 win and 1 fail yay, put simply. Nothing wrong with closing a fail trade then clawing the loss back. But that isnt my style.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,569
  • Jan 10, 2017 3:01am Jan 10, 2017 3:01am
Quoting wannalearn12
{quote} Dax is non-usa right?
I know that a US friend tells me that none of his US brokers offer DAX.
  • #13,570
  • Jan 10, 2017 3:05am Jan 10, 2017 3:05am
Quoting claudia1
{quote} You paying a big spread if I'm reading it right at 2.0. I'm paying less than half that currently 0.9 on gu. Worth looking at can make the difference between get stopped out and a gain.
It's my number one priority atm. Getting closer to having them lowered.
  • #13,571
  • Jan 10, 2017 3:08am Jan 10, 2017 3:08am
Quoting billytt
{quote} Sometimes i repeat (sometimes) i make 2 trades on a break, the first trade closed at +5 and the second trade i will let run, hopefully getting the good moves. Or like wanna also pointed out (which i also do) We have trigger then retrace, enter a second trade on retrace for extra points.. Why 5%? , people go to work for x amount per week. My 5% per day is looked at in the same way. Show me any bank which will give me 5% per day back,
The day I constantly hit 5% a day - I will send a check XD
  • #13,572
  • Jan 10, 2017 3:15am Jan 10, 2017 3:15am
Quoting wannalearn12
{quote} The day I constantly hit 5% a day - I will send a check XD
You're getting there, Buddy!
  • #13,573
  • Jan 10, 2017 3:38am Jan 10, 2017 3:38am
Quoting wannalearn12
{quote} The day I constantly hit 5% a day - I will send a check XD
You will get it most days but some days if you counter you will get 10% the day after. OR if you trade A/U and Cable that could be 10% per day..
My lady is making me rethink that philosophy though. and i think she is right.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #13,574
  • Jan 10, 2017 9:00am Jan 10, 2017 9:00am
Quoting billytt
{quote} You will get it most days but some days if you counter you will get 10% the day after. OR if you trade A/U and Cable that could be 10% per day.. My lady is making me rethink that philosophy though. and i think she is right.
Sorry, Billy but could I ask why she thinks it's not a good idea (and what her proposed alternative strategy is) and why you think she is right?)

I guess we are always torn between the ''if it ain't broke, don't fix it'' approach and striving to maximise return. Is this the conundrum here?

Sorry if this is too much of a sticking-my-nose-in kind of question but I sat up till 05:45 last night watching the college football final and have been in no condition to trade anything today, lol and am now twiddling my thumbs. Feel free to tell me to go jump
  • #13,575
  • Jan 10, 2017 9:22am Jan 10, 2017 9:22am
Oh Mr T...you back yet?

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  • #13,576
  • Jan 10, 2017 9:26am Jan 10, 2017 9:26am
Not well
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every Saint has a past. Every Sinner has a Future
  • #13,577
  • Jan 10, 2017 9:46am Jan 10, 2017 9:46am
Oil taking a tumble...

Witching Hour
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Dead Zone
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  • #13,578
  • Jan 10, 2017 9:51am Jan 10, 2017 9:51am
Quoting turnip15
Not well {image}
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Hang in there, brah!
  • #13,579
  • Jan 10, 2017 1:30pm Jan 10, 2017 1:30pm
Cable looking decidedly cramped...

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  • #13,580
  • Jan 10, 2017 4:16pm Jan 10, 2017 4:16pm
Quoting billytt
{quote} you only need 5.. If i get a fail i counter . So then have 2 trades running. A win and a fail and then you wait for next trigger. Soon enougfh you will have 2 win and 1 fail yay, put simply. Nothing wrong with closing a fail trade then clawing the loss back. But that isnt my style.
Billy say I close at -15. Would it be ill advised to put up any positions until next trigger? As I cannot hold it in limbo. I would have to close and open up a counter until next trigger. I think that might be a bit dangerous. I can set up bigger positions and look for +10 to fix loss?
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