Two long trades on GU this morning on the 12am-4am range break. Both hit TP of 20ish pips (orders were filled slightly later due to spikes). EA shut down for the day now. If only all days were like this. Had the EA set up to take the 2nd trade on 3 ...

Billytt Die happy trading e/j daily breakout

Interesting results. When you say drawdown you mean the biggest losing trade that day right? Because you are closing down both trades at the end of the day anyway, as far as I can tell. Or are these longer term drawdown figures? I thought the idea ...

Billytt Die happy trading e/j daily breakout

That drawdown of 300 pips can probably be avoided by having an emergency stop at maybe 50 or 100 pips. Because like you saw, every now and then a day will come along to ruin all the fun. How many times in total did you get a drawdown of more than ...

Billytt Die happy trading e/j daily breakout

Good going today. Was the counter after the fail double the size?

Billytt Die happy trading e/j daily breakout

Pretty much the same as what happened to me on the 12am-4am break on GU.

Billytt Die happy trading e/j daily breakout

That was the quickest 500+ point move ever. Done and dusted. Great day on Gold and EU, reasonable day on GU, and terrible on Dow lol. In profit overall so all good.

Billytt Die happy trading e/j daily breakout

Now off to trade the 1pm-1:15pm break on Gold. I would favour a long move, to break yesterday's high and keep going to make the ADR. Where's our resident Gold expert JP1?

Billytt Die happy trading e/j daily breakout

Lol I might as well have Lem. Took about 6 hours to hit a 20 pip target

Billytt Die happy trading e/j daily breakout

EU 12am-4am long break finally hit target as well. No counter needed.

Billytt Die happy trading e/j daily breakout

EA went long on the break North which failed. I had stop and reverse with double the lot size, so it worked out OK in the end. Not a huge profit, but profit nonetheless. Trailing stop might have worked better here. Edit: 12-4am range that was.

Billytt Die happy trading e/j daily breakout

People that get on your wrong side tend to become very clumsy and prone to slipping, tripping, that kind of thing all of a sudden Billy

Billytt Die happy trading e/j daily breakout

Nice going mate Looks like Gold had a teeeeeny short break later as well. I wasn't trading at that point but I am sure the EA would not have taken it due to the buffer setting (thanks Claudia). And then came another very ...

Billytt Die happy trading e/j daily breakout

Very nicely done. The double channel approach seems to be serving you well

Roadmap - A Way To Read Markets

Nice 500 point TP on Gold (1pm-1:15pm bar break to the North). It went for a fair bit more but I'm fine with what I got.

Billytt Die happy trading e/j daily breakout

Hi Lem. Purely Kijun-sen or is there another bias ingredient in there somewhere? Cheers.

Billytt Die happy trading e/j daily breakout

Did you take the trade just before yesterday's low, in anticipation that price would break it and keep going? P.S. your Photoshop skills keep getting better by the way

Roadmap - A Way To Read Markets

GU 4 hour break worked nicely today. EU had a nice break too but EA did not take it as my minimum range was set at 25.

Billytt Die happy trading e/j daily breakout

Glad I stopped trading EU and GU when I did. Another whippy day. Dax and Dow did well for me this morning, other than that it has been rubbish.

Billytt Die happy trading e/j daily breakout

Too much whipping on EU and GU on the 12-4am break today so closed down for a small gain. Will try again tomorrow.

Billytt Die happy trading e/j daily breakout

Morning. I am in a long position on the 4 hour break on GU. on EU so far the EA has kept me out of anything due to the 2 pip buffer. Was considering stopping the EA on EURUSD but we have had 3 false breaks already. Very small range too. Price has to ...

Billytt Die happy trading e/j daily breakout