Need somewhere to think out loud,

Demo mode, off lets make some $$$$$'s or lose we'll see how I feel.

Car Decided, BMW 3 Series 2.0 Diesel Automatic 2005 version, few good weeks and I'll go hunt for 1, about £2000 area for a mid miler. ( mates version before, same engine / box Coupe really comfortable drive but great handling and power delivery ), Get it Stage 1 ECU Remapped for a bit extra :)
 
Method, errrm yeah that usual thing I do, I think my theme is only something don't get me wrong, so adapting the theme a tad.

Move 12 Based logic.

So..............

12 Sma High
12 Sma Low
Envelope 12sma High 0.10% ( so that's 0.1% the other side of the adapting 12 High )
Envelope 12sma Low 0.10%

The 5 High and Low was too tight a range so

5sma
Envelope 5sma High 0.04% ( so that's 0.1% the other side of the adapting 12 High )
Envelope 5sma Low 0.04%


My Trades are still go with the short term based on the longer term, so still 5sma based.

just missed a perfect setup, 11800 Long, pulled back to Low 12 0.1% then 5 slowed, entry near low 5 and up she went +36 here and running. Arseeee!!

So my SL need to still be 5sma based but tight maybe 0.06%.

I'm to, jump on 5's direction, works early break out of range but obviously it'll move in 1 direction, then turn likely other direction, only about 30% of trades continue I'm seeing, so a continuation trade is kinda stupid.


Recode SL for new method, really hope this is finished LOL
 
New method, working sweet for Chop and for Trend.

Near low 0.1% on DAX, normally I'd be trading a long, but 5's Low is still down ie momo still down, so stuck waiting for 5 to flatten out and price to trade within 5 range, then take long and hey presto chop timing and falling knife catching prevented.

Perfect Plan!!
 
First Trade +$100 wasn't a loser, there is a first :)

Entry was weak should of waited for a less risk 9620 entry rather than 9627, $70 less risk would of meant +$170 aswell for less risk, more patience on entry, wait for setup, ignore anything else.

NQ breaking down below low 5, can't join too high a risk, play a reversal when back in 5 range or join the down wave near the top 5 line. Bit of both, profit then flip and more profit.
 
+$200 on DAX 5 flattened creating a nice bottom, 40seconds for $200 LOL

This is TOO Damn easy, Finally!!

Could of shorted top 5 be another +$200 here, damn it.

Typing cost me LOL
 
Stopped at the +$300 don't want to give it back too soon.

5sma's ranges played with regard to the 12's direction and ranges = ATM!! :)

No trades outside of the 5's range is the simple rule and because it's a 5 ie quick not long if trade missed before another 1 sets up.
 
Pulled the outter 12based Envelopes, making me take stupid trades and move SL still, got lucky and out at BE Just by the skin of my teeth right before the break up, twice I've done that.

Back to Auto SL, simple 5 entry and auto tracking to stop me getting creative.

Long NQ 9699
 
Dumped the further out 12based, makes me open to counter trend trend and hope and SL moving when it goes wrong.

Buying the Low 12 based on 5 rules is still below the main 12 H & L there a downtrend likely.

Some good trades, some not, +$240 on the day, could be worse, ran her upto +$600 then back to +$120, been a wild ride, mainly refusing to take the $100 profit and hoping for more than back to -$60 SL, come on break out break out, then bang drops 5pts and don't want to exit there.

And got stuck counter trend for a while, where as Low 5 with 12's direction, just kept making money, or making me poorer short term, then back, then poorer.

Still learning, not 100% yet, ever be 100% ?? but atleast I'm mostly making $$$$'s despite trading like a twat at times.

I was Long NQ and SL just hit, 30seconds before this 100pt up run, I'd checked news but forgot to be honest, but yeah, what are the odds!! quick $1000 :(

My have a BMW 3 series Coupe 185bhp Diesel Auto mates I liked, might be coming up for sale, mates about to lose his license, 71 in a 40 and she's in good knick and he owes me £900.
 
Turveyd said:
Dumped the further out 12based, makes me open to counter trend trend and hope and SL moving when it goes wrong.

Buying the Low 12 based on 5 rules is still below the main 12 H & L there a downtrend likely.

Some good trades, some not, +$240 on the day, could be worse, ran her upto +$600 then back to +$120, been a wild ride, mainly refusing to take the $100 profit and hoping for more than back to -$60 SL, come on break out break out, then bang drops 5pts and don't want to exit there.

And got stuck counter trend for a while, where as Low 5 with 12's direction, just kept making money, or making me poorer short term, then back, then poorer.

Still learning, not 100% yet, ever be 100% ?? but atleast I'm mostly making $$$$'s despite trading like a twat at times.

I was Long NQ and SL just hit, 30seconds before this 100pt up run, I'd checked news but forgot to be honest, but yeah, what are the odds!! quick $1000 :(

My have a BMW 3 series Coupe 185bhp Diesel Auto mates I liked, might be coming up for sale, mates about to lose his license, 71 in a 40 and she's in good knick and he owes me £900.
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Grab them profits! Dove in the hand worth 20 in the bush. Can always enter again and often at a better position than prev exit where you grabbed your profit.
 
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