Ok thanks. Will try to get my own stats then.

Billytt Die happy trading e/j daily breakout

Where to find the FD Stats Billy mentioned? I am only at Post 100 reading this thread so far. Really good stuff shared here. One of the better threads on this forum for sure. Cant wait for next week to keep forwarding testing. So far I could execute ...

Billytt Die happy trading e/j daily breakout

I would prefer to end my trading as quick as possible for a few pips booked in even if that’s means a poor risk/reward. As long as I would be able to manage a good strike rate like you say to have on this one setup that’s more than okay to me. I ...

Billytt Die happy trading e/j daily breakout

I will test how its going with a SL and then test counter / hedge as well.

Billytt Die happy trading e/j daily breakout

Have a nice weekend all of you.

Billytt Die happy trading e/j daily breakout

Thanks for your kind comment on it. I will see how it goes with a stop loss and or counter trade it. I would expect to many losing trades at a higher SL wouldn’t compensate for the TP even if strike rate is better than 50%, but let’s see.

Billytt Die happy trading e/j daily breakout

GBP/USD 08:00 (setup) 08:15 (entry) Entry = Pending Buy around 1.26580, Pending Sell around 1.26410 image TP (+10 to account for spread and commission would have been reached) It retraced back but without hitting the opposite Pending sell order at ...

Billytt Die happy trading e/j daily breakout

Hey. So you say it’s important to know if price revisiting areas of interest / or not for trading a single setup at a specific time of the day where your take profit target is as huge as other people’s spread? This is what i was reading Billy is ...

Billytt Die happy trading e/j daily breakout

Thanks. 00-04 = My sleeping time. I would like to try concentrating my trading only for the first couple of hours after the EU open and then shut down everything no matter if a losing or winning day. Thats why i got interested in M15 08:15 method. ...

Billytt Die happy trading e/j daily breakout

Does Billy’s method for M15 08:15 requires to look at ADR first or any other pre-steps as an additional filter before placing the two pending orders at price high and low at that time? I did read through the first 70 pages by now here, maybe a hint ...

Billytt Die happy trading e/j daily breakout

Do you also go for 5-10 pips like Billy? And how do you protect your self from retracements, using a stop or also counter trade on the other end if it moves back?

Billytt Die happy trading e/j daily breakout

Unfortunately I had to leave it out today as i had to take my car to the workshop. I also hadn't much time yet to backtest this one setup for any much longer than the last few days. I don't like backtesting so much. Will keep forward testing it with ...

Billytt Die happy trading e/j daily breakout

Ok thanks.

Billytt Die happy trading e/j daily breakout

Well then you did get me wrong. I totally understand the importance of finding my own unique way. I got introduced here (without asking for) to have a look at this thread with the hint that’s the right place where real traders are knowing what and ...

Billytt Die happy trading e/j daily breakout

I could split capital and have 1:500 leverage or 1:1000 ? Also i did not mean I need 1%/Pip Profit. I need 5%/month, so why on earth would I need to risk 1% on a single trade. Sure if this is part of his method, that I would have to put this on risk ...

Billytt Die happy trading e/j daily breakout

You are right. I will have to repeat my self I guess. I originally came here to get an idea of what simple no BS approach of REAL trading (to pay the bills) could work for me to make money consistently over time, which is ideally backed by some ...

Billytt Die happy trading e/j daily breakout

Ok. i am not sure what kind of stats you mean here, I asked previously about stats I think but Billy’s answer was something like „stats...I used to have stats of my stats“ ;-) So if I want to trade this one price bar only, at 08:15, and thats it, I ...

Billytt Die happy trading e/j daily breakout

No? :-) Is a SL of 5 on 8:15 GU like soccerfan told me to try maybe not a bit to „small“. Maybe there is a difference to the rest of the day but I tried doing that on demo for some more M15 candles for today and most of the trades were taken out at ...

Billytt Die happy trading e/j daily breakout

Thank you so much for that post. Understand, yes it’s really hard to break free out of that old thinking processes. I happy with a +5/day. I did that and stopped for today. To often in the past i would by now already have triggered a second or third ...

Billytt Die happy trading e/j daily breakout