Billytt Die happy trading e/j daily breakout | Page 795 | 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

  • #15,881
  • Mar 21, 2017 2:36am Mar 21, 2017 2:36am
Another quick one from the Frankenbreak. Had a bit of a wobble in the middle but all good in the long run...

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15FB21stMarch17v1.png Size: 39 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15FB21stMarch17v2.png Size: 40 KB
  • #15,882
  • Mar 21, 2017 2:59am Mar 21, 2017 2:59am
morning all, t 07-57.
Same as yesterday, i will trade Dax off the 07-55 bar... Hopefully to get a good move.... Will trade the high/low break and if range is small add a filter. (add entry trigger)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,883
  • Mar 21, 2017 3:15am Mar 21, 2017 3:15am
t 08-10. Dax low broke which i shorted and a retrace trace also shorted . i closed the trades with a decent gain.
Not sure about trading like this as i do not feel in control but i have excellent stats to say it is good.
Attached Image

chart copied at 08-14 after i had exited.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,884
  • Mar 21, 2017 3:17am Mar 21, 2017 3:17am
Quoting lemercenaire
{quote} Well done, SB. Bet that feels good!
Lem

Its like hunting a Lion .... let the trade come to you ... don't chase every move .. .... need to be the right time ..... and sit tight when it happen.... let it come to you...

SB
trying to make everyday the best risk/reward decisions possible
  • #15,885
  • Mar 21, 2017 3:21am Mar 21, 2017 3:21am
Quoting slowbrain
Hi all Happy ending for my E/J trade ... just close it in profit .... a mix of scalp long and compounding since daily open ....
Hi SB, nice one. If we have a fail then a counter waiting for the next trigger. we can always look for the Daily Range.
You did well.
Becareful with the scalping? you need to make a trade good based on stats not luck.. (i say this positively) not with sarcasm..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,886
  • Mar 21, 2017 3:22am Mar 21, 2017 3:22am
Quoting slowbrain
{quote} Lem Its like hunting a Lion .... let the trade come to you ... don't chase every move .. .... need to be the right time ..... and sit tight when it happen.... let it come to you... SB
omg you speak like me SB.. lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,887
  • Mar 21, 2017 3:23am Mar 21, 2017 3:23am
Hold a bad trade in a counter and wait for the next trigger.
You may have several days playing a bad trade but it will fix.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,888
  • Mar 21, 2017 3:34am Mar 21, 2017 3:34am
Quoting billytt
{quote} omg you speak like me SB.. lol
speak like you .... for sure i have not been reading your 13 000 +++ posts but i have study them all and keep the most important into a OneNote file and read them often in plane or in car while travelling .... so start to print into my brain.
I really enjoy to read and follow this thread one of the best (if not the best) in the Forex world ....
trying to make everyday the best risk/reward decisions possible
  • #15,889
  • Mar 21, 2017 3:47am Mar 21, 2017 3:47am
Quoting slowbrain
{quote} speak like you .... for sure i have not been reading your 13 000 +++ posts but i have study them all and keep the most important into a OneNote file and read them often in plane or in car while travelling .... so start to print into my brain. I really enjoy to read and follow this thread one of the best (if not the best) in the Forex world ....
Thankyou for the kind words SB, we do have good traders with good ideas in here.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,890
  • Mar 21, 2017 3:48am Mar 21, 2017 3:48am
DAX-Monster running a monster 1-2-3 just now!

Attached Image (click to enlarge)
Click to Enlarge Name: .DE30CashH1DAX-MonsterasaMONSTER1-2-3March21st17.png Size: 31 KB
  • #15,891
  • Mar 21, 2017 3:50am Mar 21, 2017 3:50am
Quoting billytt
{quote} Thankyou for the kind words SB, we do have good traders with good ideas in here.
No doubt about it ...

BTW long cable done ... just keep a bit for 00
Long A/U ....
trying to make everyday the best risk/reward decisions possible
  • #15,892
  • Mar 21, 2017 3:55am Mar 21, 2017 3:55am
Billy-Bar cw WZ principles working as well as always (04:00 H4) on Brent-US Crude Diff market...

Attached Image (click to enlarge)
Click to Enlarge Name: B-USC Diff Billy-Bar 04.00 H4 March 21st 17.png Size: 13 KB
  • #15,893
  • Mar 21, 2017 4:06am Mar 21, 2017 4:06am
Quoting slowbrain
{quote} No doubt about it ... BTW long cable done ... just keep a bit for 00 Long A/U ....
cable done deal ...
A/U still in play

Edit; A/U done deal
trying to make everyday the best risk/reward decisions possible
  • #15,894
  • Mar 21, 2017 4:14am Mar 21, 2017 4:14am
Quoting slowbrain
{quote} cable done deal ... A/U still in play Edit; A/U done deal
Nice one bud, i have only looked at Dax today and nothing else.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,895
  • Mar 21, 2017 4:16am Mar 21, 2017 4:16am
Quoting billytt
Hold a bad trade in a counter and wait for the next trigger. You may have several days playing a bad trade but it will fix.
I know I've asked u this before haha, but in order to recoup that loss you'll have to rise the size or increase the pips-profit..,

If you rise the lot size, by how much? double?
  • #15,896
  • Mar 21, 2017 4:45am Mar 21, 2017 4:45am
Quoting DavidRP
{quote} I know I've asked u this before haha, but in order to recoup that loss you'll have to rise the size or increase the pips-profit.., If you rise the lot size, by how much? double?
David

If i may to give a tentative answer , that i'm sure Billytt will correct if needed.

Trigger target +5 for 04:00 candle

If trade fail : all answers are coming from billytt (not me ...)
1. trade next day trigger (with counter on the opposite trigger) it may take several days to recoup the losses = same size , i use this method if we had 3 wins in a row for the last 3 days
2 .trade opposite trigger and look for daily range : same size but 3 position ex: trigger long fail so you add 2 position on short and take profit only on the one who run for daily range .
3 .take the loss : personal comment: simple but not applicable for long term with the R:R
4. counter (hedge) and look for opposite trigger: personal comment: i use it if 04:00 range is above 30 pips.

when trading the opposite trigger you have 2 solutions :
1. use the same size : personal comment: for the time being I don't increase size
2. increase size

I'm not sure its what you are waiting for , but this is a quick summary of my understanding ....

SB
trying to make everyday the best risk/reward decisions possible
  • #15,897
  • Mar 21, 2017 4:54am Mar 21, 2017 4:54am
Quoting DavidRP
{quote} I know I've asked u this before haha, but in order to recoup that loss you'll have to rise the size or increase the pips-profit.., If you rise the lot size, by how much? double?
Hi Davidrp, raising the lot size after a fail is an option. But never look at it like martingale..
We have other factors too. Sometimes we will be above 5% in past trades so this extra can be used to offset (loss) we can also use the profits off retrace trades to offset too.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,898
  • Mar 21, 2017 4:57am Mar 21, 2017 4:57am
Quoting slowbrain
{quote} David If i may to give a tentative answer , that i'm sure Billytt will correct if needed. Trigger target +5 for 04:00 candle If trade fail : all answers are coming from billytt (not me ...) 1. trade next day trigger (with counter on the opposite trigger) it may take several days to recoup the losses = same size , i use this method if we had 3 wins in a row for the last 3 days 2 .trade opposite trigger and look for daily range : same size but 3 position ex: trigger long fail so you add 2 position on short and take profit only on the one who...
Hey Bud, nice post .You have it..
In a week if we expect to have 25% growth and we actually have example 30% we then have an extra 5% to afford to lose, or help offset a bad trade.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #15,899
  • Mar 21, 2017 5:42am Mar 21, 2017 5:42am
Inside bar forming on the 60 min ?
Attached Image (click to enlarge)
Click to Enlarge Name: FTSE100(£)H1.png Size: 73 KB
  • #15,900
  • Mar 21, 2017 5:51am Mar 21, 2017 5:51am
Quoting claudia1
Inside bar forming on the 60 min ? {image}
It's already thrown up a nice 1-2-3 (the second on the day so far)...

Attached Image (click to enlarge)
Click to Enlarge Name: .UK100CashH1alreadyrunninganice1-2-3march21st117.png Size: 30 KB
35 traders viewing now