60ema and 120ema are scoring off the wall, directional cross wise and S/R wise, looks to be a winner
Down $300 area this week, 5% so nothing really, most of that being SL hits on spikes and really poor slippage, start managing the losses well and slippage becomes an issue, always another variable.
Current method, is meeting the critera finally I might be happy with being .....
1. Many trades so I don't get totally bored watching paint dry.
2. On Trend so I don't get too many losers
3. Manageable with tight SL's.
4. Fast enough reliable enough acting trend as not to be lagged too much or little.
5. Simple enough to trade 1/2 asleep and casually.
6. Works on oil and gold for slow Dax days.
7. Win rate should be 80%+
8. Should capture big runners frequently ( when to hold, well it'll be luck if I hold long enough )
9. Simple enough to be long term sustainable.
10.
Works in a range of market conditions / speeds ( my main issue, I haven't been able to crack )
Unless all the above boxes where ticked, there was no real point mastering the method, 100% or nothing, patience is key.
Lets see what the next issue to raise it's head will be LOL