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bojack34 replied Jun 2, 2017so just so i understand fully.....if Trade #1 goes BAD an reverses......at the -28 pip mark you will ENTER COUNTER TRADE #1 ??? and this Counter Trade #1 will have 2x lot size as original trade?? I'm also assuming your using this -28 pip mark ...
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017Yes i plan on learning how to counter that is why i was hesitant to ask about a SL....the only reason i asked about the SL is because i thought that the SL was the point at which you ENTER your first COUNTER TRADE. Is there a portion of this thread, ...
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017Mr Billytt, when using the H4 B.O. strategies what do you use for your TP target? I don't think you use a SL but if I were to use one for the H4 Bo what would it be set at? TY Mr B! or is Mr. T......I pitty da fool....ha
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017gotta love it......just put a BUY STOP and SELL STOP on both sides of the RED NEWS a couple minutes before NEWS RELEASE...........make sure you place a SL on them all........no matter which way they go you WIN!
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017Thanks Billy and Lem!!! You guys have been more than cooperative!! Green Pips to the both of you!!
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017Got it! This is the easiest way to do it.
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017looks like it's 05:00 UK time to me
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017that is basically what i just described in my last post.....sounds like i'm on the right track! Thank you so much Billyt....btw....good luck with your LADY!!!!
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017is it impossible for me to trade the exact strategies mention here because of my Candle times?
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017My plan is to learn all the breakout TIMES and strategies and POUND them for 5 and i'll take 10 or 20 if the market gives it to me...lol. The problem I'm running into it seems like is my MT4 is different and my H4 candles start/stop at different ...
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017I did a lot of research on the SSBO thread. It's very interesting and the EA is pretty good but my only problem is figuring out the correct buffer zone and the appropriate TP tartget. It makes me see consolidation in a different way now.
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017If it is an H1 candle then i got it off the picture....it's 7 PM Mountain Time (MT).......not trying to confuse you but that's my time zone. I think this is correct EDIT: I was looking at the candle time in the picture and NOT the "local" time on ...
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 2, 2017Which Candle do I use for Frankenbreak? and is this candle H4 or D1?
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 1, 2017[quote=slowbrain;9934917] So you don't wait for trigger on Opposite Side to Enter Trade #2.............you Enter Trade #2 as soon as it hits yourSL from Trade #1? Is this correct? Also, What is your initial TP Target for Trade #1?
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 1, 2017[quote=slowbrain;9934845] Sorry for I am new to trading........So you set a 38 Pip SL for the EJ Daily Break NO MATTER WHAT.....that's your set SL number. Then if your TP target is NOT hit and price reverses and hits your SL of 38 ...
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 1, 2017[quote=slowbrain;9934792] How much do you set your SL on the Daily Break?
Billytt Die happy trading e/j daily breakout
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bojack34 replied Jun 1, 2017Ok so when price "reverses" and goes beyond the Current Candle's "Open" price......that is when we Enter....TYVM!! Notes Taken!!
Highest Open / Lowest Open Trade
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bojack34 replied Jun 1, 2017I got it now. I went back over my notes and it's written down correctly....since i copied it straight from the page......but I just interpreted it the wrong way. I TOTALLY understand the difference now. One uses the Previous Candle Open and the ...
Highest Open / Lowest Open Trade