Thank you Claudia. What you say reflects my own thoughts. It probably isn't suitable for that style of trading even if a 0.9 Pips spread on GBP/USD sounds good. But yes, a guaranteed stop loss for a extra cost of 6 Pips i would then have to pay ...

Billytt Die happy trading e/j daily breakout

Like I mentioned a few days ago for the US30 market a break of the 07:45-11:00 GMT+3 range established seems to provide a good opportunity to grab a quick +5. To me it looks like far less "whipsawing" where it then touches a trigger and directly ...

Billytt Die happy trading e/j daily breakout

Maybe becoming a hacker instead of a trader. A $600M jesus... url

Billytt Die happy trading e/j daily breakout

Yes. Correct. But this is why i am using such high leverage low spread + commission broker. My net average cost on a trade is 1 Pip (including spread and com). So a 5 Pips TP is still +4 net to me in the end. A 1 Pip cost of a 5 Pip trade is still ...

Billytt Die happy trading e/j daily breakout

Well yes and no. Like IC Markets told me a broker who just forwards the prices to you which they receive by their liquidity partners/providers, has no control of the prices. For market making brokers operating a own trading desk and creating prices ...

Billytt Die happy trading e/j daily breakout

It can be avoided using limit orders and thats why i also thought about switching to cTrader because then at least my entries would not be affected by slippage OR my order would simply not be executed if for the volume i try to place there would be ...

Billytt Die happy trading e/j daily breakout

"Slippage occurs when the bid/ask spread changes between the time a market order is requested and the time an exchange or other market-maker executes the order. Slippage occurs in all market venues, including equities, bonds, currencies, and ...

Billytt Die happy trading e/j daily breakout

Regarding my 14 Pips slippage on the DAX trade. So basically this means there is nothing i can do to not getting slipped and technically this could be unlimited. So setting a stop loss order is kind a useless in case of slippage? I guess there are ...

Billytt Die happy trading e/j daily breakout

It further dropped and i am no longer up but -60 Pips down

Billytt Die happy trading e/j daily breakout

Thank you. I wasn't going to spend any more money on holy grail courses anyway. I thought he would describe his mechanical working strategy for free as it sounded interesting to me in the video i saw. But all these videos seem to be just a teaser to ...

Billytt Die happy trading e/j daily breakout

Hi, Same here. There looks to be quiet a lot of these "fake outs" regulary even on FTSE. A buffer of 5 Pips often will not protect you of the first break getting stopped out no matter if using a -10 SL or placing the SL at the opposite end of that ...

Billytt Die happy trading e/j daily breakout

Anyone here who could tell me if a 14 Pips slippage on a 1 Lot DAX (DE30) during Sunday/Monday morning would be normal to face with IC Markets. It looks huge to me. I contacted their support and they told me they have no influence of my orders ...

Is anyone going to IC Markets Seychelles on March 2021?

I bought cable at the daily open basically in the hope of price retracing some back up again after that quiet large down move for the begin of the week. However this is small position size, no stop loss and no target. I am currently up 14 euros 14 ...

Billytt Die happy trading e/j daily breakout

The broker support told me again that my DAX entry was filled at the next best available price they received by their liquidity partners after my stop loss price triggered. I am not sure what to think of it. Some other traders told me they are most ...

Billytt Die happy trading e/j daily breakout

Indeed it gave a nice drop after the trendline. I would have no idea however how to build a strategy for my self with trendlines. My impression is that drawing such trend line then would either lead to a lot of fake breaks doing so at a lower time ...

Billytt Die happy trading e/j daily breakout

Here is the answer of the broker regarding to the slippage on my stop loss entry. So a slippage of 15 Pips is "normal" here? What is the point of setting a pre-calculated stop loss at -15 Pips if it then gets executed only a -15 Pips later. And that ...

Billytt Die happy trading e/j daily breakout

What a mess again with GBP/USD. Not entered on the BillyBar because i had a appointment with my dentist this morning. But it looks like the +5 could have reached after the high break. Since then it changes direction with every new bar again. The ...

Billytt Die happy trading e/j daily breakout

Yes, i got that. A perfect start to the season for them, congrats. I actually don't follow the premier league as closely as i used to but if so i am a supporter of the reds. The last time i have been there I got invited as part of an event by New ...

Billytt Die happy trading e/j daily breakout

Thanks for your kind words. Yes. Billy seems to be very busy.

Billytt Die happy trading e/j daily breakout

Speaking of SL not respected. I had a trade placed on Dax last night. See my SL and see where i got stopped out. That was about -15 Pips lost more than i was willing to lose on that entry. I mean wtf is that... image

Billytt Die happy trading e/j daily breakout