Need somewhere to think out loud,

Need to improve confidence and trade more.....

Dax efficiency test this am....

9:30am GMT start..

Up move, low 4 tested 5 times before reversal @40pts low to high.

Down move, 2 SL hits possible, maybe I'd of shorted after spike??

Up move again, possible SL hitting spike then worked.
down move called min pts.
Up move entry worked.
Chop hopefully I'd of stayed out.
Uptrend worth 25pts.

Very good, keeping losses small, IF I can keep that, can scale up Lot sizes quickly

4Sma 0.05% is strong, 8 is the direction, 4 range is the noise to exploit the direction.

Never been able to click the button on trades like this before, the risk or losing and I hate losing regardless of size always seemed to high, but getting over that mental block, only took years and a few 1000nd trades, slowly edging this way the retreating then trying again.
 
My ability to pick market turns is uncanny today, every trade I take the market changes direction LOL

Today I've been working on keeping losses small, 5 trades, 1 BE and 4 losers and only -$90 better.

Argggh I was short NQ 9401, looked to be turning back up, bailed -$10 regretting.

Fridays!!
 
NQ Long +$100 then rejoined and changed and backed out -$30.

So BE on the day pretty much.

Getting good at realising wrong side and doing something rather than moving SL and increasing the loss, I'm killing it early :)

I've found Envelope 30sma 0.01% ( blue ) also trend relevant, NQ just stalled it's drop on that level, buying Op if more awake with a SL under the 4's 0.05% line, ie tight!!

This time holding the little bit of down would of been better maybe.


Think I've learnt to trade like a Pro finally, even if not making any $$$'s today.
 
Not risking Fed dumping 2Tril in before close, out +$75

+$40 on the day, not bad for a Friday, I think I'll spend it on a pizza and booze LOL

Progressing SLOWLY
 
+$400 ish so far, nice +$300 run on DAX earlier, 2 other small trades.

Switch to NQ soon.

Envelope 6sma 0.01 and 0.06% working best, trying to stick to that.

3 nice but I dunno.
 
+60 DAX, pull back with uptrend, in and out, simples as too early for trend.

Compromising on method, Envelop 5sma 0.01 and 0.05% looks good.
 
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