Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
If I was around, how do I think I'd of done with current methodology!! ( ology makes it sound fancy LOL )
Starts downtrend about the time I'd wake up, 270 kicks it's ass back twice, both +15's realistically.
Back into the box worth 10
Spike and reverse, so hold short, worth 20 after a SLOW period.
Double bottom @9280, +15 again.
Top put in, Momo slows off, LOSS -10
first range, back up +15
Top put in, first upper range, this 1 falls through the floor, +15 maybe I got lucky and held +45 area if so nice.
double bottom @9250, +20
Short again +15
Risk of a loss there, if I played range -10
2 pull backs and moves higher called nicely, +18 +12
That'll do, basically, no real worries at all today!! even trading at 50% enough pips for me to live off, NICE!!
Odds on trading this week, zero and falling LOL
Starts downtrend about the time I'd wake up, 270 kicks it's ass back twice, both +15's realistically.
Back into the box worth 10
Spike and reverse, so hold short, worth 20 after a SLOW period.
Double bottom @9280, +15 again.
Top put in, Momo slows off, LOSS -10
first range, back up +15
Top put in, first upper range, this 1 falls through the floor, +15 maybe I got lucky and held +45 area if so nice.
double bottom @9250, +20
Short again +15
Risk of a loss there, if I played range -10
2 pull backs and moves higher called nicely, +18 +12
That'll do, basically, no real worries at all today!! even trading at 50% enough pips for me to live off, NICE!!
Odds on trading this week, zero and falling LOL
16pips will have to do, clawed back another 6 or something atleast.
Wussing setups is my issue, worrying to much about losing the 10K status LOL
Added in Envelope 13sma 0.1% aswell, so 2 ranges work well, but all gets confusing, but it has merit so anything with merit has to stay.
Can almost just trade off the 13, but then I'd miss the chop day 42 based setups and won't see the over all trend.
Trust issues with the trend are back aswell
but hey work for a week then back on the trading!!
Wussing setups is my issue, worrying to much about losing the 10K status LOL
Added in Envelope 13sma 0.1% aswell, so 2 ranges work well, but all gets confusing, but it has merit so anything with merit has to stay.
Can almost just trade off the 13, but then I'd miss the chop day 42 based setups and won't see the over all trend.
Trust issues with the trend are back aswell
but hey work for a week then back on the trading!!Better do a recap!!
Early am had some good choppy range, no range breaks so good profits all round.
Then it went DEAD as, indecision should of picked a long, like how it respected my 270 so well, 1 dip below maybe tests, nice.
Then uptrend formed, nice strong pull back near outter range, nearly went long live there.
Next pull back, had finger on the button aswell.
I watched it alot live, although to distracted to trade, only 1 section of slow trend down from the top concerned me guess I'm going to have to live with that.
Early am had some good choppy range, no range breaks so good profits all round.
Then it went DEAD as, indecision should of picked a long, like how it respected my 270 so well, 1 dip below maybe tests, nice.
Then uptrend formed, nice strong pull back near outter range, nearly went long live there.
Next pull back, had finger on the button aswell.
I watched it alot live, although to distracted to trade, only 1 section of slow trend down from the top concerned me guess I'm going to have to live with that.
ZERO time to trade
But I'm reverting back to a simpler method, that tiny range and trying to time MoMo is well too tricky live so giving up on that for about the 1000's time.
Envelope 13sma 0.006%, just the 1 ( with the 42's ), if uptrend on the 42 then take longs near the lows of the 13, keep it simple.
Yes back to what I was doing, so all is good!
But I'm reverting back to a simpler method, that tiny range and trying to time MoMo is well too tricky live so giving up on that for about the 1000's time.
Envelope 13sma 0.006%, just the 1 ( with the 42's ), if uptrend on the 42 then take longs near the lows of the 13, keep it simple.
Yes back to what I was doing, so all is good!
I live mess around, but been using similar for the past year and accounts up huge, so forward tested, always tweaking it to try to get more trades, tighter SL's or whatever.
Works on DAX best, better short term range, 10SL fixed! keep it simple.
If no direction, then use the 42sma based Envelopes 0.1% and 0.2% to trade the range, fast reactions required though most spike down get near then reverse, nerve racking.
Works on DAX best, better short term range, 10SL fixed! keep it simple.
If no direction, then use the 42sma based Envelopes 0.1% and 0.2% to trade the range, fast reactions required though most spike down get near then reverse, nerve racking.