For the trend people. Where is the trend? GBP/USD is moving in a 150 Pips range since beginning this month. Up and down some all over the chart. Large wicks on both sides of most of the candles. For my setup (the first 1 hour of the london session) ...

Billytt Die happy trading e/j daily breakout

Hey Mucky, You have always been one of the very sincere ones here. As i am not banned yet let me answer you. Do you think that opening a counter position and hold a -15 Pips (or -15%) will make things any better? Often the setup range used to be ...

Billytt Die happy trading e/j daily breakout

I actually grasped it from the very first posts. I tried to get some answers to the probably far more important questions instead of where to enter a trade. I think I mentioned several times that trading based on risk to reward is not the way you ...

Billytt Die happy trading e/j daily breakout

It sounds like all you do is basically assuming you gonna have x min. range for the day for GBP/USD and then enter as often as needed to get your +5. How many entries you will do per day at what percentage risk amount? Without knowing these ...

Billytt Die happy trading e/j daily breakout

Thank's for your answer Michael. Hope you had a nice weekend. Yes. I probably have to make my own plan or die trying...

Bionic Chart - The easiest forex navigation

Hehe, thank you. Well, I am now involved into trading for well over a decade and still have the feeling I haven't learn anything, having spend an incredible amount of time scrolling up and down the internet. Everything that has been advertised to me ...

Bionic Chart - The easiest forex navigation

Thank you again for taking the time to answer me in such detail. It's good that you have such a plan, many don't have it. I watched the video and some more. I really like your stuff but it sounds too complex for me even if I come from a technical ...

Bionic Chart - The easiest forex navigation

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Billytt Die happy trading e/j daily breakout

Well I jumped out at +13. Almost got the +5% for the FTMO 100k trial account. $11 USD missing... However I had only entered 4 trades and won all of them. Could have easily ended the other way around. Really nothing to talk about. Risked -1.5% per ...

Billytt Die happy trading e/j daily breakout

That is what I mean but Billy always talked about getting 5. Having +5 TP as a fixed target for his breakout triggers. Getting +35 is no longer backed by any statistics then? Also a second entry could go wrong again, seen it over and over again. You ...

Billytt Die happy trading e/j daily breakout

The problem is not getting 5 Pips at times. It's all about what you do when you don't get it and say end at -30 instead... Anyway. Here is the 08-09 AM H1 break. The high broke and was good for the +15 while SL at -15. Huge candle before that. ...

Billytt Die happy trading e/j daily breakout

I see, so it’s more like a versatile tool you can use to find the right time to enter a trade. Do you have some kind of fixed trading plan (even if based on this magic candle) that could be repeated by a noob like me looking more like for a complete ...

Bionic Chart - The easiest forex navigation

Thanks. I'll take a closer look and then get back to you.

Bionic Chart - The easiest forex navigation

Thanks. It's not exactly what I tried to say but yeah. A company can be passive income, having to execute a certain amount of trades every day in a manual way requires active work time. So if for what ever reason you would fail to be able to keep ...

Bionic Chart - The easiest forex navigation

GBP/USD 08-09 H1. The first break of the high would have failed (-15). The second break of the low would have recovered it (+15). Break-even day less spread/com. Last day for the month. image

Billytt Die happy trading e/j daily breakout

Thank you Michael. I was curious how you would execute a trading plan to realize trading for a living. There is a lot of theory where equally uncertainty, that's why I asked. What i mean by that? Well, let's say you found out that executing x number ...

Bionic Chart - The easiest forex navigation

Does your example assumes a manual or automated trade execution? Kind regards.

Bionic Chart - The easiest forex navigation

The +15 on the second high break now would have been reached. Think there was news coming out probably leading to some movement/volatility. Anyways it looks like that I first would have been stopped out (14.6 Pips down it went before) so it doesn't ...

Billytt Die happy trading e/j daily breakout

It's not moving. Looks like another -30. The low broke first and not even came to a +8 (to move the break even sl). Then it broke the high again and didn't go anywhere. Now this is already H1 and no more M15. A total joke... image

Billytt Die happy trading e/j daily breakout

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Billytt Die happy trading e/j daily breakout