Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
This is definately beat this is how I know for sure......
FXCM just screwed me, moving to a spread + charge in and out basis dax cant drop below 1pip spread so 2.2pip spread up from 1 doh!
And i cant trade DAX via tradeinterceptor for a week or 2 while they make changes to there system to handle this
Fxcm app is hateful so only trading at pc, guess i will give gpbaud a go when out doh!
Arseeee
FXCM just screwed me, moving to a spread + charge in and out basis dax cant drop below 1pip spread so 2.2pip spread up from 1 doh!
And i cant trade DAX via tradeinterceptor for a week or 2 while they make changes to there system to handle this
Fxcm app is hateful so only trading at pc, guess i will give gpbaud a go when out doh!
Arseeee
Only 200pips move, loads of places to enter short and I had no CFD feed, although it came back and didn't realise it, CRAZY DAY!!!
End of the month blues then focus back on trading, had a good month so 3months cash in the bank maybe just kinda, should be enough, method's looking sweet, I'm in the zone if you ignore the first trade always failing after a few days break LOL
Tough month, barely traded
End of the month blues then focus back on trading, had a good month so 3months cash in the bank maybe just kinda, should be enough, method's looking sweet, I'm in the zone if you ignore the first trade always failing after a few days break LOL
Tough month, barely traded
Perfect SL hit again, pip perfect and reverse atleast to BE level so far.
sL hit or not inwas still on the wrong side of a steaming train therefore doomed, reason for trade i trusted my ranges, so i am removing all ranges
Huge huge profits here, well some.
So new plan, going to trade off 5 and 13 sma envelope tight ranges 0.002 i think it is.
And slower buy /sell areas.
Seriously pip perfect hit, have i pissed of a billionaire somewhere whos tracking my every trade, yep most likely.
Back to tight SLs aswell there is no range to trust and get me in the shite
sL hit or not inwas still on the wrong side of a steaming train therefore doomed, reason for trade i trusted my ranges, so i am removing all ranges
Huge huge profits here, well some.
So new plan, going to trade off 5 and 13 sma envelope tight ranges 0.002 i think it is.
And slower buy /sell areas.
Seriously pip perfect hit, have i pissed of a billionaire somewhere whos tracking my every trade, yep most likely.
Back to tight SLs aswell there is no range to trust and get me in the shite
Liking action so far, shorted under the 9500 for +12 then long over 9580 for +14 just, 7 pips to go for BE.
Yes i spend all day making back my first stupid im asleep and just having a play trade.
Doh! The trade i exited at 9500 went another 40 pips dohhhhhhh
Trade time is out for the day
Yes i spend all day making back my first stupid im asleep and just having a play trade.
Doh! The trade i exited at 9500 went another 40 pips dohhhhhhh
Trade time is out for the day
2 envelopes confuse, back to just 1 8sma based, almost naked here 
8 woulda stopped me making trade 1 it was a short entry place not a im about to turn up place.
Confidence is still high, account, well not so high lol
Need to get head around, 8 is going up, buy near low 8, tight sl odss are it will keep going up.
Late lol
8 woulda stopped me making trade 1 it was a short entry place not a im about to turn up place.
Confidence is still high, account, well not so high lol
Need to get head around, 8 is going up, buy near low 8, tight sl odss are it will keep going up.
Late lol
Okay just incase I'm going MAD MAD MAD and erm MAD lets compare prev attempt to KISS to the max!
Old, first setup worked nicely DT perfect turn, new you can see the stall but don't get the DT theory. O+1
Old, downmove goes out of range DT should not go long, New DT's visible and strong short points, N+1
Fake bottom, has SL hunting blip before rebound SL 10 would be fine ish Profit 15 max, stall and reverse off that to quick to call though.
Another buyers battle, 6460 area runs 50pips, exit sign +40, old method zero chance, new tight SL like 6 would be fine.
That up move, Ranges woulda killed me again
Basically prev ranges had times where it worked and times where it doesn't, slow markets worked great, fast markets with strong moves forget it Too much trust in the ranges = SL moving = HUGE losses ABORT ABORT ABORT shame worked well for a few months
New method is simpler almost naked so doesn't get much simpler, it's doing 2 things really....
1. going in a direction, hold if in or enter with direction near at a mini pause, tight SL above prev mini pause, probability looks like moving outside Envelope to other side means it'll turn that way, not always.
2. It's basing before a move, get in with a good price, big enough SL to take a SL hunt so 10 area, I need 8sma to be flat before taking this.
Basically DELETE ALL and try something new AGAIN
As said, I think my profitable trades have been this way, mainly no.2.
Better test the 8 to check for optimal I guess....
Old, first setup worked nicely DT perfect turn, new you can see the stall but don't get the DT theory. O+1
Old, downmove goes out of range DT should not go long, New DT's visible and strong short points, N+1
Fake bottom, has SL hunting blip before rebound SL 10 would be fine ish Profit 15 max, stall and reverse off that to quick to call though.
Another buyers battle, 6460 area runs 50pips, exit sign +40, old method zero chance, new tight SL like 6 would be fine.
That up move, Ranges woulda killed me again
Basically prev ranges had times where it worked and times where it doesn't, slow markets worked great, fast markets with strong moves forget it
Too much trust in the ranges = SL moving = HUGE losses ABORT ABORT ABORT shame worked well for a few months New method is simpler almost naked so doesn't get much simpler, it's doing 2 things really....
1. going in a direction, hold if in or enter with direction near at a mini pause, tight SL above prev mini pause, probability looks like moving outside Envelope to other side means it'll turn that way, not always.
2. It's basing before a move, get in with a good price, big enough SL to take a SL hunt so 10 area, I need 8sma to be flat before taking this.
Basically DELETE ALL and try something new AGAIN
As said, I think my profitable trades have been this way, mainly no.2.
Better test the 8 to check for optimal I guess....