Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
DAX 14th Feb 9am GMT, NQ Closed so no trend, surprise surprise.
Long +25
short +25
Short +10
Long BE
Short +8
Short BE
Long +25
Long +8
Short +5
Short +10
Short +100 seriously, yeah no way I'd sit on that LOL
It's simple, logical and just keeps working, hooorraaaaaa!!
On the other hand, sometimes I'm most excellent and some times I suck and give back the weeks profits in 30mins or less
NQ 14, 15:00 lets see if better when open.
14:30 trend down starts and reversed 5 times perfectly no SL's 40pt move value.
Up move, perfect down move.
Avoid Chop conditions, then it treads water if I'm quick at bailing on direction change and it's sweet!!
Demo Live till profitable for 2 days in a row then back to $1, Demo, $1, Demo $1 repeat till profitable $1 then increase $1 and retire!! simples.
Long +25
short +25
Short +10
Long BE
Short +8
Short BE
Long +25
Long +8
Short +5
Short +10
Short +100 seriously, yeah no way I'd sit on that LOL
It's simple, logical and just keeps working, hooorraaaaaa!!
On the other hand, sometimes I'm most excellent and some times I suck and give back the weeks profits in 30mins or less
NQ 14, 15:00 lets see if better when open.
14:30 trend down starts and reversed 5 times perfectly no SL's 40pt move value.
Up move, perfect down move.
Avoid Chop conditions, then it treads water if I'm quick at bailing on direction change and it's sweet!!
Demo Live till profitable for 2 days in a row then back to $1, Demo, $1, Demo $1 repeat till profitable $1 then increase $1 and retire!! simples.
Better do some testing and learning ( not going out side, 60mph winds and torrential rain can't see to the top of the garden, not that I ever look that way, so no biggy )
DAX 21's Jan, 10am go..
Long 13483, Stalling exit 91 +8
Bored already.
I see what's needed, quick thinking, quick SL tightening beyond my EA to keep losses to a min, quick profit taking frequently, if the market is hanging around and I've got profit, just out, always another trade, it'll only turn on me, so no more swinging for the fence.
There Scalps, get in, gets some, get out!!
Anything else turns into, I won't lose, move the SL, only needs another 60pts and it'll turn around, SHOOT ME!!
DAX 21's Jan, 10am go..
Long 13483, Stalling exit 91 +8
Bored already.
I see what's needed, quick thinking, quick SL tightening beyond my EA to keep losses to a min, quick profit taking frequently, if the market is hanging around and I've got profit, just out, always another trade, it'll only turn on me, so no more swinging for the fence.
There Scalps, get in, gets some, get out!!
Anything else turns into, I won't lose, move the SL, only needs another 60pts and it'll turn around, SHOOT ME!!
Demo day or 40 depending on how it goes, ohh the joy!!
Up 37 trading NQ tonight!
Need to recheck the RULES and print I guess and stick to back of PC ( rear faces me, easier to connect stuff and swap the games PC )
+31 direction change take small loss, setup short.
Yes I need to wait for Strength,that's what I need to get head around on Demo really, moving a tad or proper, hard to judge with chart scale all over the place.
10sma based, is too knee jerk changeable, it'll drive me NUTS!!!
13sma based looks better, smoother, 0.04 and 0.07.
Up 37 trading NQ tonight!
Need to recheck the RULES and print I guess and stick to back of PC ( rear faces me, easier to connect stuff and swap the games PC )
+31 direction change take small loss, setup short.
Yes I need to wait for Strength,that's what I need to get head around on Demo really, moving a tad or proper, hard to judge with chart scale all over the place.
10sma based, is too knee jerk changeable, it'll drive me NUTS!!!
13sma based looks better, smoother, 0.04 and 0.07.
Plan still being developed and finalalised, modified to..........
Plan is :-
1. Take position on a small pull back and/or pause with the 13sma's direction and right side of 42Ema 0.01%, near the Mid point or in the 0.025% area, ( best educated guess )
2. if 13sma changes direction after entry, at a enter rule point, exit. ( in profit or at a loss )
3. SL at the 13sma 0.06% range ( Min 6pts at open, Max 10 ) ( provided by EA and Trails to reduce risks, in place already )
4. Hold until, varying on market conditions.
Weak. Take profit near 0.05%
Strong, Hold until 13sma changes direction ie rule #2 to flipping sides.
5. Single Position only
6. Repeat till rich or dead.
Additional......
envelope 42EMA 0.01%, only taking longs above, shorts below, so a longer market view increases odds nicely from the look of it and also increases confidence in taking a trade.
Small, revisions!!!!! Nearly there, demo trades only limited time but +27pts all looking good, not counting as a day as 30mins tops, might just of gotten lucky ( be a first )
Plan is :-
1. Take position on a small pull back and/or pause with the 13sma's direction and right side of 42Ema 0.01%, near the Mid point or in the 0.025% area, ( best educated guess )
2. if 13sma changes direction after entry, at a enter rule point, exit. ( in profit or at a loss )
3. SL at the 13sma 0.06% range ( Min 6pts at open, Max 10 ) ( provided by EA and Trails to reduce risks, in place already )
4. Hold until, varying on market conditions.
Weak. Take profit near 0.05%
Strong, Hold until 13sma changes direction ie rule #2 to flipping sides.
5. Single Position only
6. Repeat till rich or dead.
Additional......
envelope 42EMA 0.01%, only taking longs above, shorts below, so a longer market view increases odds nicely from the look of it and also increases confidence in taking a trade.
Small, revisions!!!!! Nearly there, demo trades only limited time but +27pts all looking good, not counting as a day as 30mins tops, might just of gotten lucky ( be a first )