True, and true. Billy, I officially blame you for Dax moving like EU

Billytt Die happy trading e/j daily breakout

Lem, have you tamed the Dax? Could always rely on it for some pace but it is behaving more like a mouse than a monster just now lol.

Billytt Die happy trading e/j daily breakout

Great call regarding NY shorting Cable. I got in after price went under 1.38 and closed it at 1.377 (around S1).

Billytt Die happy trading e/j daily breakout

Yes you are correct. I should have said 5k is the max daily loss from your starting balance that day.

FTMO - For serious traders

Daily max loss remains at 5k, no matter how much you increase your balance by (for 100k accounts). And the account balance can go down to 90k. So if you take it up to 120k, technically you can lose 30k as long as you don’t lose more than 5k on any ...

FTMO - For serious traders

This margin thing is an issue. I’m sure there will be Oz brokers that have moved offices abroad to accommodate clients with margin requirements.

Billytt Die happy trading e/j daily breakout

I have sent support an email to get their take on this.

FTMO - For serious traders

Looks like NY is trying to take us back towards the daily pivot. Might consider a long if price can close above 1.3850 (and of course DS1).

Billytt Die happy trading e/j daily breakout

Sorry to hear that. Were your trades open for less than a minute on average, or longer than that?

FTMO - For serious traders

Just had a look back on the account Metrix and they lasted for between 10 seconds and 1 minute, with most of them closing within 20 seconds from the looks of it. I wonder if FTMO would kindly specify if they are expecting a trade to be kept open for ...

FTMO - For serious traders

I believe that should be fine. Long enough for them to copy your trades.

FTMO - For serious traders

Haha I believe once you have seen them, you can't unsee them. I only spot them sometimes so might need to borrow your Z line glasses for a while if that's OK

Billytt Die happy trading e/j daily breakout

Scalping is allowed but supposedly they copy your trades on a live account, and if you use ultra fast scalping techniques, they might not be able to copy you. In which case, they can ask you to take the challenge again for free with a different ...

FTMO - For serious traders

That long target is looking quite far away. Did you have an SL or a counter in place? Yesterday's long move looked a bit artificial to me, as the data from the US was good on Friday.

Billytt Die happy trading e/j daily breakout

This has been true for the past 4-5 days but if you go further back you will see plenty examples where it wasn't the case. Your SMA band (200?) is a lot better in determining direction .

Cable Update (GBPUSD)

Sounds good. Just double check that the trading start time is after the range end time. I’ve been caught out before where it used the previous day’s range because the new range hadn’t been fully formed yet. But the trading start time condition had ...

Billytt Die happy trading e/j daily breakout

Nice one. I think I will join in as well. Looks like it would have been good for 12+ pips today.

Billytt Die happy trading e/j daily breakout

Hey hope all is well mate. I believe the 2 additions were: 1) Max lot size 2) Overall profit trailing stop - this sounds similar to what you have had added to the EA. The logic behind this setting is that if you are taking multiple breaks, you don't ...

Billytt Die happy trading e/j daily breakout

Just did a back test going back to the beginning of March Claudia. The 12-2am break on AJ seems to yield better results when taking one break only, and with the R:R set to 1:1, so a 15 pip TP and 15 pip SL. Here are my findings based on 5 lot trades ...

Billytt Die happy trading e/j daily breakout

You are right, thanks. They are open again on Monday although the UK markets will still be closed.

Cable Update (GBPUSD)