Thanks I will try that for sure.

Billytt Die happy trading e/j daily breakout

Thanks. Well I am fine, I don’t HAVE to pay the bills from trading forex. I do also not work a regular job, so I might have some more time than the average but I don’t think having more time automatically means having better results when it comes to ...

Billytt Die happy trading e/j daily breakout

Billy so we now understand you want 5% for the day which equals 5 Pips, well let’s say 10 Pips to account for spread and commission. Then what is your max loss you are willing to accept for the day and where you would close all trades no matter what ...

Billytt Die happy trading e/j daily breakout

Thanks Lem. I tried moving averages applied over multiple time frames as a filter in the past, but then trading the shorter time frames for let’s say the eu session from Frankfurt Open until New York Open trading only one currency pair or other ...

Billytt Die happy trading e/j daily breakout

I like that Billy. I have no doubts = I lose the trade I have many doubts = I lose the trade

Billytt Die happy trading e/j daily breakout

I don’t really understand it too. Didn’t found a chart yet showing what is done on a failed trade. Written words could be a problem here, hard to understand for a new trader.

Billytt Die happy trading e/j daily breakout

Try selling something for £1 to 156.000 people ;-)

Billytt Die happy trading e/j daily breakout

Thanks, well making a 5 Pips consistently per day would be all I need. Right, „what the market gives“. But the question is what you do if it gives you 2 failed trades right at the start of the day. You are down -10 Pips in my case. Keep on trading ...

Billytt Die happy trading e/j daily breakout

Why should i give it up... Just started Well its what i asked a few times already. I asked about adding further filters for directional bias before placing my trades, not? I think i also asked about ADR usage. I think Billy´s answer has been that ...

Billytt Die happy trading e/j daily breakout

I had two pending orders placed at high/low of the 08:00 Bar. Both with a fixed TP/SL +5 Pips. Price hit the low of that bar first and triggered the short trade but then stopped out at -5. Then i waited for price to retrace back to the high of the ...

Billytt Die happy trading e/j daily breakout

Thanks, i already closed my trading platform. The reasons for it, i said earlier. I did that in the past. 1 Trade lost, keep on looking, next trade lost, keep on looking, next one ... keep on looking. There is no end. And in days you feel already ...

Billytt Die happy trading e/j daily breakout

Thanks. Yes, thats what i think too. I will backtest GU for some time to check what you say.

Billytt Die happy trading e/j daily breakout

Here, that might help to describe the problematic i see/have when trading. Picture might be better than written words... image

Billytt Die happy trading e/j daily breakout

Unfortunately, I don't quite understand your kind of humor... Cool for you if you mastered everything and making a killing with trading. But actually these are the kind of answers why i left the TMS topic. Anyways.

Billytt Die happy trading e/j daily breakout

Thanks, well i am open for any kind of help. I am a honest / loyal guy. I am just sick of getting sold false promises. I really understand i have to get to the point "my own way" but that's easier said than done Now i don´t want to give up ...

Billytt Die happy trading e/j daily breakout

Is it meant ironically?

Billytt Die happy trading e/j daily breakout

Thanks, yes i also believe with that hedge thing, its the only way to reduce a lot of stops you will get if setting fixed SL prices. I just didn´t understand so far from what i read by Billy and this thread where exactly the hedge would be ...

Billytt Die happy trading e/j daily breakout

I am trying so, trust me. The thing is, to trade my own way, i will first have to find this own way and therefor you need a starting point. It doesn´t helps me to keep on trading buying and selling randomly from what i THINK is right but still end ...

Billytt Die happy trading e/j daily breakout

Yes i thought so, thanks for your kind help and comments Claudia, appreciate it.

Billytt Die happy trading e/j daily breakout