Billytt Die happy trading e/j daily breakout | Page 701 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #14,001
  • Jan 20, 2017 12:44am Jan 20, 2017 12:44am
Billytt 5% 5 Pips ... means leverage 100 if I'm not mistaken .... so if you hedge your failed signal it means that you are full leverage (200) . so you have no available units to open a new position. and based on the last 2 months stats it can happen to have 2 to 3 hedged positions running in the same time on the same currency. Does it mean that in fact when you say 5% it is not 5% of your total trading capital but may be 1% to keep 4 ammunitions in case of failed triggers ?

First part of answer...
1st, i never leverage and never have.
Remember this,,, If a person buys a house they will get money from the bank. (example and not always the case).,
If a person needs money they will get it from the bank.....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,002
  • Jan 20, 2017 12:55am Jan 20, 2017 12:55am
Billytt 5% 5 Pips ... means leverage 100 if I'm not mistaken .... so if you hedge your failed signal it means that you are full leverage (200) . so you have no available units to open a new position. and based on the last 2 months stats it can happen to have 2 to 3 hedged positions running in the same time on the same currency. Does it mean that in fact when you say 5% it is not 5% of your total trading capital but may be 1% to keep 4 ammunitions in case of failed triggers ? or I got my maths completely wrong ?

2nd part answer....I cannot give too much away BUT..
normally i trade off 1K bank looking for £50 (5%). It is higher when i want something.
If i have a fail and counter, i then run risk of running out of money...
SO i borrow off the bank (MY OTHER BANK ROLL) which is big.
I then repay it when trade is good...
Quite often i say i make 5% when infact it is 6% /7% /8% and somedays i trade 2 pairs which is the 5% + 5% .
If i make more than 5% , i can afford to lose that extra.
Ask questions and i will keep answering...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,003
  • Jan 20, 2017 12:56am Jan 20, 2017 12:56am
Quoting wannalearn12
{quote} Seems as though AU might take a minute to work itself out... XD I am tired though!!!!!!!!
t 08-56, you got it right bud. A/U was resting. i am not touching it today. I went for Cable instead....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,004
  • Jan 20, 2017 12:59am Jan 20, 2017 12:59am
t 08-59 Dax has gone mad again shooting up, looks like it might dip off the 3 min chart(scalp) not touching it...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,005
  • Jan 20, 2017 1:29am Jan 20, 2017 1:29am
t 09-28 Cable has just made +5, i am out. Take care all.
Just finish breakfast/coffee then off to my Ladys, i wonder what she needs doing today. I have saved her a fortune...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,006
  • Jan 20, 2017 1:36am Jan 20, 2017 1:36am
Quoting billytt
t 09-28 Cable has just made +5, i am out. Take care all. Just finish breakfast/coffee then off to my Ladys, i wonder what she needs doing today. I have saved her a fortune...
Cable chart:
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every Saint has a past. Every Sinner has a Future
  • #14,007
  • Jan 20, 2017 3:22am Jan 20, 2017 3:22am
Had to fight hard for it but Frankfurt finally broke...

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That's me done for the day. Off out.

To those of you who stay till the close of play - have fun!
  • #14,008
  • Jan 20, 2017 3:31am Jan 20, 2017 3:31am
Quoting billytt
Billytt 5% 5 Pips ... means leverage 100 if I'm not mistaken .... so if you hedge your failed signal it means that you are full leverage (200) . so you have no available units to open a new position. and based on the last 2 months stats it can happen to have 2 to 3 hedged positions running in the same time on the same currency. Does it mean that in fact when you say 5% it is not 5% of your total trading capital but may be 1% to keep 4 ammunitions in case of failed triggers ? or I got my maths completely wrong ? 2nd part answer....I cannot give too...
Billy - it is actually quite spooky how alike our whole trading SOP is! (I know you have mentioned this before - but still! lol)
  • #14,009
  • Jan 20, 2017 4:33am Jan 20, 2017 4:33am
Quoting billytt
Billytt 5% 5 Pips ... means leverage 100 if I'm not mistaken .... so if you hedge your failed signal it means that you are full leverage (200) . so you have no available units to open a new position. and based on the last 2 months stats it can happen to have 2 to 3 hedged positions running in the same time on the same currency. Does it mean that in fact when you say 5% it is not 5% of your total trading capital but may be 1% to keep 4 ammunitions in case of failed triggers ? or I got my maths completely wrong ? 2nd part answer....I cannot give too...
Ok all is clear and make sense thanks billy

SB
trying to make everyday the best risk/reward decisions possible
  • #14,010
  • Jan 20, 2017 6:37am Jan 20, 2017 6:37am
Quoting lemercenaire
Had to fight hard for it but Frankfurt finally broke... EURGBPM15FB20thJan17hadtofightforitV1.png;2148492 EURGBPM15FB20thJan17hadtofightforitV2.png;2148493 That's me done for the day. Off out. To those of you who stay till the close of play - have fun! {image} {image}
I was up and watching it snagged an entry at 490 and banked somewhere near 570. Was good enough for me . Then I hit AU hard. Hit goal and slept like a whore after New Years. I mean a baby - slept like a baby
  • #14,011
  • Jan 20, 2017 8:15am Jan 20, 2017 8:15am
16-11 i just got in. My lady has bought flat pack bedroom units which she paid for. I managed to phone around and get it 2K cheaper lol. AND i saved her £300 assembling it, yay, she helped and we didn't argue..
She wasn't at Uni today...
Speaking UNI i saw a Maths test paper she had written for the studenst OMG it was so far over my head and i had no idea about anything on it. It is ok the test was not secret or for authorised eyes only.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,012
  • Jan 20, 2017 8:18am Jan 20, 2017 8:18am
Quoting lemercenaire
{quote} Billy - it is actually quite spooky how alike our whole trading SOP is! (I know you have mentioned this before - but still! lol)
we are very similar Lem, you might be my long lost son lol. are you 6' 1" well muscled and handsome and a ladies man who can dance and has a nasty streak ,,,if so we may be related lol..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,013
  • Jan 20, 2017 8:43am Jan 20, 2017 8:43am
Quoting billytt
{quote} we are very similar Lem, you might be my long lost son lol. are you 6' 1" well muscled and handsome and a ladies man who can dance and has a nasty streak ,,,if so we may be related lol..
Take away the dancing bit and you may be on to something, lol!
  • #14,014
  • Jan 20, 2017 10:10am Jan 20, 2017 10:10am
Quoting lemercenaire
{quote} Take away the dancing bit and you may be on to something, lol!
Lol, i love it...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #14,015
  • Jan 20, 2017 10:19am Jan 20, 2017 10:19am
Quoting lemercenaire
{quote} Take away the dancing bit and you may be on to something, lol!
Y'all are hilarious, LOL. HAVE A GOOD WEEKEND ALL
  • #14,016
  • Jan 20, 2017 4:11pm Jan 20, 2017 4:11pm
Evenin' all...

Frankfurt Break was all she wrote for me today as babbled about earlier, so the DZ charts are all For-The-Record only.

Hopefully Mr T got a piece of his UC somewhere during the day, as it moved up and down through the zone a fair bit.

Anyone who'd chosen Cable as their ride-of-the-day, would have jumped onto a stellar performance, as after a very small head-fake break short, it took off north like a rat up a pipe.

EURJPY
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GBPNZD
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  • #14,017
  • Jan 20, 2017 4:14pm Jan 20, 2017 4:14pm
AUDNZD
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  • #14,018
  • Jan 20, 2017 4:17pm Jan 20, 2017 4:17pm
XAUUSD
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USDJPY
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GBPJPY
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GER30
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OILUSD
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  • #14,019
  • Jan 20, 2017 4:23pm Jan 20, 2017 4:23pm
Right, I'm off - have a grand weekend, one-and-all.
  • #14,020
  • Jan 21, 2017 3:10am Jan 21, 2017 3:10am
Have a good weekend all,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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