Argh. Like i said, don´t become greedy. Take the +5. :-)

Billytt Die happy trading e/j daily breakout

By "00-00" do you mean the complete previous day or do you mean 00-04. So only the first 4 hours after the daily open to set this bias.

Billytt Die happy trading e/j daily breakout

I see it a bit different. I think we are more likely obsolete for a reversal. Take a look at the weekly chart back for the last 9 years. Last time we closed for 7 bull bars green was 2012 i think. We already had 6 weekly bull bars in a row closing ...

Billytt Die happy trading e/j daily breakout

Morning. I took the BillyBar a bit late today as i first had my doubts. I probably should have stayed out at all. I also made back my loss from Monday with 3 short trades on Cable (all won) during yesterday's NY session. So including today i am ...

Billytt Die happy trading e/j daily breakout

Nice drop after touched the low of the 00-04 range for the third time. image

Billytt Die happy trading e/j daily breakout

It is that i asked my self too. "Chasing the daily range" sounds cool but without a trigger it would be nothing more than trading what you see / feel, maybe call it scalping based on the price action you feel/see in the moment? It is exactly what i ...

Billytt Die happy trading e/j daily breakout

I am still -30 (-$870) from beginning of the week. Moday's fail booked me in -17, the recovery/fix from that i got stopped out for another -12 later the day. Then no further trades until here. Will be hard to beat. Anyone? One day to go, but me ...

Billytt Die happy trading e/j daily breakout

I know it wasn´t me, but thats all

Billytt Die happy trading e/j daily breakout

Hello, First, thanks a lot for your help. The way you describe it would already make a bit more sense to me personally. Here you would minimize the risk of letting the negative side of the hedge becoming unpredictable huge in size which could easily ...

Billytt Die happy trading e/j daily breakout

Thanks Fagin, well it helps a bit. I actually ask my self the same. I am willing to learn. Did you ask Billy the same question? Why bothering with hedging the fails instead of just taking the Sl at the opposite end of the 08-15 range, consider it as ...

Billytt Die happy trading e/j daily breakout

I have some general question/s to the the counter / lock-in people here. The risk seems to be fixed that once i counter the failed trade to limit my further risk at X by then opening a new position in the opposite direction. BUT, what if market ...

Billytt Die happy trading e/j daily breakout

Stopped out on the short. -30 now. I am done for today. This will become an interesting week for me.

Billytt Die happy trading e/j daily breakout

Lets see. I took the positive side at +$700. I need the negative now at least to drop to the vertical red line to be back to break even. However also placed SL to further limit my loss at the "swing high" (i think thats what the traders are calling ...

Billytt Die happy trading e/j daily breakout

Thanks. Will look at it. Current plan is to do nothing for today anymore. I wasn´t looking at the chart for the last hour now but after looking at it now the second break of the high was already good for +35. So the third opposite break (first break ...

Billytt Die happy trading e/j daily breakout

If anyone feels like going short for a few billion please hit me up before. I will then book the positive and let go the negative side image

Billytt Die happy trading e/j daily breakout

Yes. This is why fixing the fail by increasing size with the direct opposite break is nothing i do any longer any more. Great if it works but what if not? I went long at 3 Lots, the fail for 17 Pips is -$600 to overcome. I would then had to enter ...

Billytt Die happy trading e/j daily breakout

How do you want to do that? Price broke the high it directly reversed and headed south for 10 Pips here. You would need to have some kind of automatic IF +2 = Move SL to +1 kind of thing? There is no room at GBP/USD to do these kind of trailing ...

Billytt Die happy trading e/j daily breakout

There is nothing you can do about it instead of staying out. I actually had my doubts this morning to go long. 1. The 00-04 range broke south. 2. See that quiet large bear bar to the left standing out? 3. It is Monday. No stats about this but i ...

Billytt Die happy trading e/j daily breakout

image There you go... Starting the week at -17. Well at least locked-in

Billytt Die happy trading e/j daily breakout

My thoughts were the same. But right now looks like getting a busy day for me. Always that Monday...

Billytt Die happy trading e/j daily breakout