Hi, but the 12-4am range is over by now and the break north already happened? My thoughts were that making a breakout trade on this range IF having a fail on the BillyBar should be taken the next day, so with a NEW established 12-4am range which ...

Billytt Die happy trading e/j daily breakout

Took the BillyBar high break, failed. Counter is running at -10 but again without real plan how to come out of this hedge, so might should have taken the SL instead Second fail for the current week. The last one was tuesday, two days ago, for a ...

Billytt Die happy trading e/j daily breakout

Yes i agree. Still it got me thinking a bit again. A quick in and out for a fixed TP of lets say +5 isn't maybe so much less stress full in the long run. You have to consider the time and risk to invest for fixing your failed trades too. I mean ...

Billytt Die happy trading e/j daily breakout

It was quick yes. Thanks too here

Billytt Die happy trading e/j daily breakout

Yes i know. Compounding a 25% a week for that long time interval looks quiet "unrealistic". That's why my post was meant ironically Regarding sizing, i am not sure if there isn't a workaround for it. Instead of trading 1,000 lots at once you ...

Billytt Die happy trading e/j daily breakout

I just became aware of this old quote after having scrolled the topic a bit to research what the simple definition of a z-line is. A 5% a day, 25% a week, or 100% a month ROI over the last 32 months would be now turned into a $ 42949672960000.00. ...

Billytt Die happy trading e/j daily breakout

VPN is a virtual private network which provides privacy, anonymity and security. With a VPN you connect in a non-direct way to the other network like the internet instead of connecting directly to it from your device while staying more secure and ...

Billytt Die happy trading e/j daily breakout

Hey Wizzle. Ouch. Worst thing that went wrong for me is that i totally forgot to remove a pending order that i placed on the BillyBar which also was setted without any SL. One side was triggered and booked the +5. I was so happy that i left the ...

Billytt Die happy trading e/j daily breakout

What about this gentleman? Is he fake and/or also part of the 90% of retail traders losing group... His approach / trading philosophy seems to be a little different to quick in and out for a handful of pips url

Billytt Die happy trading e/j daily breakout

Yes. I tried to say, with that kind of "hardcore scalping", i would never know where to stop/end? Do you then stop if you make your 10 Pips green for the day or do you then take another setup and another one, oh and while the sun is stil shining, ...

Billytt Die happy trading e/j daily breakout

I think it is okay if a trade is going against you even the fact that it has been already in profit. Otherwise you would probably have to re-enter a lot of times. I mean that is why you plan your max allowed risk in advance BEFORE even entering into ...

Billytt Die happy trading e/j daily breakout

Well done. I totally skipped today. Looks like you more or less decide in the moment if taking a retrace entry or not or is there something specific you base your decision on for doing a retrace?

Billytt Die happy trading e/j daily breakout

Looks like it retraced for about -10 before hitting the +5. You would have left it run up to the high trigger again before locking it in with a buy right at -25 right? Good weekend to all.

Billytt Die happy trading e/j daily breakout

What is a Mr T trade?

Billytt Die happy trading e/j daily breakout

Thanks, and have a good day.

Billytt Die happy trading e/j daily breakout

Same here. Can i ask if you use pending orders to get in the trade or do you manual execute orders if price hits the high or low prices of the range established? I think I should better manual execute orders maybe because of spread at times could be ...

Billytt Die happy trading e/j daily breakout

I can sing a full song on it. Just give me a beat :-) Not so much anymore since listening to some of your advice. It´s interesting how our brain works. You take a trade and what you remember is all about what you left on the table. So you are setted ...

Billytt Die happy trading e/j daily breakout

+5 on the low break of the BillyBar. Have a good start into the new week/month everyone.

Billytt Die happy trading e/j daily breakout

Yes my thoughts are similar. Even if the odds are good, if you get caught it will probably hurt. I calculated with a initial positon at 1 Lots ($10/Point) and a SL of 20 Pips. After your second fail you would already have to bet 16 lots ...

Billytt Die happy trading e/j daily breakout

Billy I thought of doubling up on the next day‘s BillyBar setup as a fix, what do you think. It looks like it rarely fails two days in a row, yes I know it does and even more than twice. But might be less stress full than trying to somehow come out ...

Billytt Die happy trading e/j daily breakout