On the FTMO challenge i think it's quiet hard to reach the profit target in the available time period of 30 days? I took a trial and here's what my results looks like so far. All these 8 trades were based on no specific strategy/method. So hard to ...

Billytt Die happy trading e/j daily breakout

image BillyBar today failed to reach the +5 TP although the 00-04 was touched/broken to the long side earlier as well as price was above the daily pivot point giving it a bullish sentiment too. Don't want to argue it. Just posting this as an ...

Billytt Die happy trading e/j daily breakout

Thanks, understand. What you describe and marked on the chart (thanks for your time) are exactly the things i am trying to avoid as much as possible for my trading. So for instance looking left on the chart in such way does not really make sense to ...

Billytt Die happy trading e/j daily breakout

Hi Wizz. Hope you are fine. I am not sure what you mean by "Market Context". I already had a look for the 00-04 UK time where price touched to the high as a "bias" to only go long. Did it help? Nope. Then you had the other "bias" ...

Billytt Die happy trading e/j daily breakout

BillyBar failed. High broke and moved +4.6. image

Billytt Die happy trading e/j daily breakout

Looks like the BillyBar video

Billytt Die happy trading e/j daily breakout

Have a nice weekend.

Billytt Die happy trading e/j daily breakout

Had a look on the BillyBar setup in relevance to the daily pivot point. To me it doesn't looks like that using the pivot as a directional filter would help a lot to avoid a failed trade. There will be still plenty of fails left. Here are just 3 ...

Billytt Die happy trading e/j daily breakout

BillyBar High touched, lets see. Not trading it. Just watching. 00-04 range also touched/broke to the upside earlier. image image

Billytt Die happy trading e/j daily breakout

This is my next prank. image Edit, 14:45. Worked out. +5. I am done for today. image

Billytt Die happy trading e/j daily breakout

My trade i placed last evening just before NY closed worked out by the way... The idea like said was that we will see some kind of retracement/pullback from there. (Oh man i sound like Nostradamus already). Not sure about if the fixed stop loss and ...

Billytt Die happy trading e/j daily breakout

I will stick to only watch and trade GBP/USD. Looks like a very compressed day so far. ADR of 33 Pips at this time of the day. Maybe NY will bring in some movement. BillyBar The high failed to reach to the +5. The following low break would have been ...

Billytt Die happy trading e/j daily breakout

Still can't enjoy holidays and clear my head I was scrolling back for the last 100 days on the BillyBar setup again and that gave me some new ideas I can't wait to test out once I am back home. It could potentially reduce my losses with ...

Billytt Die happy trading e/j daily breakout

Somehow can't get my head away the chart. Quick example of what i would do/think if just doing what i call "trading what i see/feel" whenever i am looking at things without having any pre-defined rules, a strategy or even goals in mind. You could ...

Billytt Die happy trading e/j daily breakout

Hi. Thank you for your comment and posting your two charts. Great one. You mentioned daily targets, maybe that's one of my problems. However i am not sure how i shall structure my day without having any targets, either in terms of Pips, % or ...

Billytt Die happy trading e/j daily breakout

Something i would like to know regarding Pivot Points before going on holidays. image Above is a recent GBP/USD M5 chart. Price broke the daily PP after a M5 candle closed below. Is that technically spoken correct? Does a break always refers to a ...

Billytt Die happy trading e/j daily breakout

I didn't mean myself by that. Really not here to bug anyone with my questions. I do my homework and try to learn new things every day. I do a lot of trial and error, collect statistics, testing ideas, reading books and so on. Will give you a break ...

Billytt Die happy trading e/j daily breakout

Hey bird. I understand what you are saying and it might be true for many traders. Respect that. But trust me, i do not lack the confidence because i feel trading a to big size. I lack confidence because of simply not exactly knowing what to do in ...

Billytt Die happy trading e/j daily breakout

@Claudia FTSE NTBB break. The 20 Pips TP would have worked out today it looks. The range however below a 10 Pips. I scrolled back some weeks until March or so last night on FTSE and it looked to me often where it crossed both sides of the range the ...

Billytt Die happy trading e/j daily breakout

Stopped out -10 (-84,79 EUR) image I am glad this happed so i can ask some more annoying questions hah Money/Risk Management. Now as this was my first trade of the FTMO 10k challenge where you have a max. daily drawdown limit of 5% daily ...

Billytt Die happy trading e/j daily breakout