Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Need to open up the 24 to 0.08% otherwise to many break outs.
Trade with the 24 / market direction, 24 only gets you so far Rule #1
No trades outside is Key, if the market moves above the range say, if I go long my SL's to big, if I go short I'm counter trend, this is rule #2.
If market dips under range, then comes back in, if 24 / market is weak then a Long is allowed, or a significant base put in. ( obviously I can look for sellers and go short ).
If short and market moves over the 24 range, odds are it'll turn so soft exit / quick exit save some $$$'s
The no trades out of range rule, seems silly, but a move out of range has good odds on a few murdering me and getting me all emotional and SL moving, averaging down shoot me PLS somebody, I have got to be strict on that.
Well, LIVE Fire real $$$'s, only way I role, tomorrow all being well
Lock, modify or delete and start again find out tomorrow night!
Yes this is about my 20th method, to solve the counter trend issue, well my issue mentally, but new concept maybe it'll make the difference.
SLEEP for tomorrow I blow thy account LOL
Trade with the 24 / market direction, 24 only gets you so far Rule #1
No trades outside is Key, if the market moves above the range say, if I go long my SL's to big, if I go short I'm counter trend, this is rule #2.
If market dips under range, then comes back in, if 24 / market is weak then a Long is allowed, or a significant base put in. ( obviously I can look for sellers and go short ).
If short and market moves over the 24 range, odds are it'll turn so soft exit / quick exit save some $$$'s
The no trades out of range rule, seems silly, but a move out of range has good odds on a few murdering me and getting me all emotional and SL moving, averaging down shoot me PLS somebody, I have got to be strict on that.
Well, LIVE Fire real $$$'s, only way I role, tomorrow all being well
Lock, modify or delete and start again find out tomorrow night!
Yes this is about my 20th method, to solve the counter trend issue, well my issue mentally, but new concept maybe it'll make the difference.
SLEEP for tomorrow I blow thy account LOL
No live trades as yet, spotted 3.entrues live and all 3 worked very nicely.
The not trading unless its in range is a game changer, it pretty much stops me from making counter trend trades.
Still have to trade the range during flat times, but there is a chance they will break out in your direction.
Looking good on gbpaud aswell.
Confidence is HIGH
The not trading unless its in range is a game changer, it pretty much stops me from making counter trend trades.
Still have to trade the range during flat times, but there is a chance they will break out in your direction.
Looking good on gbpaud aswell.
Confidence is HIGH
No actual trades as yet, getting a feel for the new method and sorting out loads of other things 
But DAX turned down and tracked down the 24 with loads of entries, my instinct would of been to reverse 9460 then 9450 area okay then again 9420 which went 20pips but never mind, because basically chop I'm a god, Trend I just suck.
The up run, ran out of steam dead on my 24 Envelope upper, coincidence or not ??
I should be up 60pips here with ZERO stress, I approve!!
But DAX turned down and tracked down the 24 with loads of entries, my instinct would of been to reverse 9460 then 9450 area okay then again 9420 which went 20pips but never mind, because basically chop I'm a god, Trend I just suck.
The up run, ran out of steam dead on my 24 Envelope upper, coincidence or not ??
I should be up 60pips here with ZERO stress, I approve!!
Okay it's doubt that is stopping me from trading, despite the limited maths and live proving that actually it will work, I guess I just watch until the doubt subsides.
Should of just went long at that lower Env 9375 area for instance, saying that very weak uptrend, fell from above so more momentum, need more patience on my entries and exits for sure.
Should of just went long at that lower Env 9375 area for instance, saying that very weak uptrend, fell from above so more momentum, need more patience on my entries and exits for sure.
Kicking own ass to force a trade or 3 here, or whats the point, DAX moved back into Range, went long, 5 pips up here, no 6, 7, Exit +8 yeah in seconds!!
11 here, tad too soon on the exit, but beaten and battered recently, falling for the NEED a damn victory trap.
Back to BE on the week I think or close enough anyways, upward!! GO!!
11 here, tad too soon on the exit, but beaten and battered recently, falling for the NEED a damn victory trap.
Back to BE on the week I think or close enough anyways, upward!! GO!!
Method is good, must solve holding longer, could of made $1000 area off 1 trade, then made it again on the way back down
The direction, is perfect speed wise, the range works as planned.
Build Confidence!
REPEAT endlessly.
Retire!
I like making methods, the repeat part is kinda well yeah nasty sounding!!
The direction, is perfect speed wise, the range works as planned.
Build Confidence!
REPEAT endlessly.
Retire!
I like making methods, the repeat part is kinda well yeah nasty sounding!!
Method is working well again, loads of good setups, few losers, have I place 1 trade well NO!!
Other hassles and Arm health issue / Antibiotics screwing me over, Focus = ZERO!!
It's proved itself to be simple, effective and well awesome in the current market conditions, I think I was trading very similar before DAX died and became just chop, so switched to 100% chop method.
Hopefully added enough of a chop method back into this, but might have to switch back to that when things slow down again.
Never easy!!
Other hassles and Arm health issue / Antibiotics screwing me over, Focus = ZERO!!
It's proved itself to be simple, effective and well awesome in the current market conditions, I think I was trading very similar before DAX died and became just chop, so switched to 100% chop method.
Hopefully added enough of a chop method back into this, but might have to switch back to that when things slow down again.
Never easy!!