Need somewhere to think out loud,

No trades today, running kid to Uni where to live stuff, basically DRIVING :(

Here is my latest chart setup, from left to right trades I should take.

1. made it to lower 42 blue range, take profit.
2. clustering near low 42 range, long.
3. Short back down, broke up so Lost!!
4. uptrend pull back, quick profit.
5. same as 4
6. trend failed, taken a loss.
7. Join trend down make a few.
8. same
9. same

I've tested LOADS of setups, over the years, time to pull a few together, these look good today, will they continue to work later/tomorrow ?? if so I'll try to find time to trade.
 

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hmmm, when you have tops where previous highs broken by just a little, time to stop taking trend trades, same with bottoms, if lows are forming support, best not take shorts.
 
Looks like taking the chance on 42sma direction + low 10 working out, is worth the chance.

The 42's range, looks like a good turning point, quite freqently aswell!

Trying to keep tomorrow free to trade, bet it FAILS!!
 
Yes I've said this before, this method looks SWEET, got to stop playing around with math and start making $$$$'s, lots and lots of $$$$'s!!!

I traded profitably for a year, I can and WILL do it again and SOON!!!
 
No trades my plans failed to trade, turned up being standard manic day :(

Had some watching / realisation time mind :)

On Dax only, EJ needs tighter Envelopes only trade if at the PC as can't do 2 setups with FXCM's app :(

The 10's direction and range is great, very efficent, if 42 is flat / same direction then loads of scalps off the range, simple as.

The 42's range is also great, if the 10 fails, odds are the 42's range will work, so 2nd position, SL for both outside, if direction turns then look for a place to flip sides, simple!

Looking at high probability scalps, 5-10pts profit, repeat a lot, few SL's being taken, some manual losses while flipping sides when trend changes, expecting a 90% win rate :) but losses if SL hit 5% say looking 20-25pts loss, but then some double positions will do well down to 70% so should compensate.

Based on todays action.

16th TRICKY day, but 15th easy hugely profitable.

errm Thursday next possible trade day!!
 
Turveyd said:
Yes I've said this before, this method looks SWEET, got to stop playing around with math and start making $$$$'s, lots and lots of $$$$'s!!!

I traded profitably for a year, I can and WILL do it again and SOON!!!
More...

if you want to keep this journal to yourself , it is fine with me =I CAN STOP POSTING , only joined cause of common instrument DAX
 
TRADING EDUCATION BUYER said:
How about you doing it?What happened to the girl?
You can be rude but If I am rude , it is last warning banned

what about our friend julien on live calls?
More...

Doing what ?? Slobbing on, am doing!!

Girl, heard she's got a rich bloke on the go, trying to take his money, over that, not that I've got a choice like.

Better behave then LOL

Julien ?? Live Calls ??

Mountain Bike Repairs for later, CBA with trading big time, method looks sweet, confidence to trade it, lacking!!
 
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