Billytt Die happy trading e/j daily breakout | Page 901 | Forex Factory

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Billytt Die happy trading e/j daily breakout

  • #18,001
  • Jun 1, 2017 4:05pm Jun 1, 2017 4:05pm
Quoting TooSlow
Sounds like Billy and Lem need to mark up a few charts showing how and when to counter. Maybe MichaelG could write a book.
Read Post #1 Oh, hold on, wrong thread
  • #18,002
  • Jun 1, 2017 4:06pm Jun 1, 2017 4:06pm
Quoting claudia1
Been a tough day but finished ahead. I know where I'm going. {image}
Well done Claudia. But as for me....................
Attached Image
every Saint has a past. Every Sinner has a Future
  • #18,003
  • Jun 1, 2017 4:06pm Jun 1, 2017 4:06pm
Hey! 18,000 posts, lol!!!
  • #18,004
  • Jun 1, 2017 4:11pm Jun 1, 2017 4:11pm
Quoting turnip15
{quote} Well done Claudia. But as for me.................... {image}
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  • #18,005
  • Jun 1, 2017 4:13pm Jun 1, 2017 4:13pm
Quoting lemercenaire
{quote} {image}
Just always be careful...

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  • #18,006
  • Jun 1, 2017 4:20pm Jun 1, 2017 4:20pm
Right - back to reality, or as near to reality as we've got to be going on with.

The detail on my DZ trades is up above somewhere. I won't go into it again now. Here's how it all looked out there...

EURJPY
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USDNOK
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GBPNZD
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  • #18,007
  • Jun 1, 2017 4:22pm Jun 1, 2017 4:22pm
AUDNZD
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GBPUSD
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CADJPY
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NZDUSD
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NZDJPY
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  • #18,008
  • Jun 1, 2017 4:24pm Jun 1, 2017 4:24pm
XAUUSD
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USDJPY
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GBPJPY
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GER30
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  • #18,009
  • Edited 6:35pm Jun 1, 2017 5:21pm | Edited 6:35pm
Quoting billytt
{quote} pray tell, what you adoing what is interesting? lol
I am doing something intetesting....!!
Off on a cruise from Brisbane up to the Barrier reef for a week, tourism and sightseeing, yay...will read up on ur posts when i get back, trade well, take care and enjoy :-)
Onwards and upwards...
  • #18,010
  • Jun 1, 2017 5:46pm Jun 1, 2017 5:46pm
Quoting soccerfan
{quote} I am doing something intetesting....!! Off on a cruise from Brisbane up to the Barrier reef for a week, tourism and sightseeing, yay...will read up on ur posts when i get back, trade well, take care and enjoy :-)
OUTSTANDING!!! Ya jammy bar steward
  • #18,011
  • Jun 1, 2017 6:18pm Jun 1, 2017 6:18pm
Quoting Piphunter00
{quote} By not countering the counter does this mean then that when the first trade fails you don't double the size on the other end, you hold that bad trade with the same lot size and then when yet another break happens you then double up with a stop? Am I reading into this correctly lol sorry if I'm sounding stupid! Still baffled trying to decode what billy said about countering the next trigger is ok and works like a machine as opposed to countering the counter
Hi, I said you counter (until) the next trigger
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #18,012
  • Jun 1, 2017 6:21pm Jun 1, 2017 6:21pm
Quoting bojack34
{quote} Could I please get an explanation of these please?? I don't understand exactly how to counter trade a losing trade yet. From all of my research so far it sounds like that is a fairly important part of a couple of your strategies. Thanks for all your help!!! Green pips to all of you!!! ...."Holding any initial bad trade in limbo and releasing it later is sooooooo much simpler and stress-free. I don't have any issue with countering any second trigger". ......AND....... .."countering next trigger"..
You dont have to counter, use a stop. But using a counter you wont give the broker any money back
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #18,013
  • Jun 1, 2017 6:23pm Jun 1, 2017 6:23pm
Quoting bojack34
{quote} That makes total sense. Would you double your "target" (pips) on trade #2? ....to make up for the loss of trade #1? I would think you would double your lot size on trade #2 but since we are not do we increase our "target" (pips)? One other thing I don't fully understand is what do we do with trade #1? When do we CLOSE the trade? How far/long do we let it go 'bad"??
In my case, When you either get 5% or sometimes break even. normally with countering you make a lot more than 5% due to lot size changing or another trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #18,014
  • Jun 1, 2017 6:25pm Jun 1, 2017 6:25pm
Quoting TooSlow
Sounds like Billy and Lem need to mark up a few charts showing how and when to counter. Maybe MichaelG could write a book.
no need to, i have said many times. example i make a short and it fails we then counter on the high. I am not speaking about the daily break .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #18,015
  • Jun 1, 2017 6:27pm Jun 1, 2017 6:27pm
Quoting soccerfan
{quote} I am doing something intetesting....!! Off on a cruise from Brisbane up to the Barrier reef for a week, tourism and sightseeing, yay...will read up on ur posts when i get back, trade well, take care and enjoy :-)
nice one SF, i am first to be jealous
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #18,016
  • Jun 1, 2017 6:34pm Jun 1, 2017 6:34pm
Dont forget, some days i make more than 5% which i have this week and last week,
Should i get a loss like Thur, i dont have to try and get the points back because i am still ahead.
I did get the points back though lol...
I dont counter on the 07-45 break .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #18,017
  • Jun 1, 2017 6:49pm Jun 1, 2017 6:49pm
[quote=billytt;9934491]{quote} nice one SF, i am first to be jealous[/q993449
Lol...great value for money..a cruise costs less than 700 quid, entertainment, food, included, Nice
Onwards and upwards...
  • #18,018
  • Jun 1, 2017 6:51pm Jun 1, 2017 6:51pm
[quote=soccerfan;9934533]
Quoting billytt
{quote} nice one SF, i am first to be jealous[/q993449 Lol...great value for money..a cruise costs less than 700 quid, entertainment, food, included, Nice
that sounds good. My Lady says she will treat me to a cruise around Caribbean in Winter 2018, but i actually told her i didnt want to lol.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #18,019
  • Jun 1, 2017 8:48pm Jun 1, 2017 8:48pm
[quote=billytt;9934543]
Quoting soccerfan
{quote} that sounds good. My Lady says she will treat me to a cruise around Caribbean in Winter 2018, but i actually told her i didnt want to lol.
You are still too young for it ....
Im in long DB EJ
trying to make everyday the best risk/reward decisions possible
  • #18,020
  • Jun 1, 2017 8:54pm Jun 1, 2017 8:54pm
[quote=slowbrain;9934713]
Quoting billytt
{quote} You are still too young for it .... Im in long DB EJ
You find younger people on cruises these days, those that like a holiday but are wary of crappy hotels or bad resorts, on a ship it is all good, well worth a try, i havr been on many. :-) They can be less formal too...no black tie stuff.....just right for Oz...dressing smart here is wearing clean flip flops....Haha
Onwards and upwards...
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