Need somewhere to think out loud,

I see my error, over line confusion doh!


16 works better, no reason for the 42 0.015 range, the 15 range is the ownly range im interested in.


If the 15s range is moving away from me then its not a range, its a trend and shall go lower.


sL of 8 makes more sense, 16 range even is pretty efficienct.
 
Okay, back and what have I missed!!!

I left in the down move to 8700 fine
top of 16 reverse, fine.
Broke over, short on moving back in good move.
Mega range tested, reverse
entry at the 16 high +15
16 turns up, tests top of Mega
Turns down again, nice entry down for 35
Broke Mega by 15, not perfect.

Basically, I'm set up for directional moves all I'm getting today is zagging, should do okay, but tricky market.


Let it calm down and myself calm down and try to get back my $$$'s later, same old really, lose it being stupid, make it back trading well, lose it again being stupid and repeat!!

Jumping on 16 direction is the only real way to trade today.
 
Testing testing testing, current method for Fridays action ??

Sweet as loads of trades, few losers.

For today ...

Early am was good, downtrend, chop between the 16's Envelopes
Bounces back fast, stalls on 8800 fake, then the 60sma at 8830, downtrend continues
Nasty spikes that'll hurt a tight ish SL for sure.

better live sim post trades I guess, till I get this fixed IF EVER!! Always another damn problem!!
 
Bounce off the 8700, NO way to call that, could of risked a 00 but that's about it.

I should be joining the 16's direction here, 8711 area as trends down. US30 confirms.

Not really going anywhere, might pick up after 6pm gmt into the close maybe, 6:30 more likely.
 
Wel its al looking good again, trading into the close had a slow uptrend, nice and bouncy higher highs and higher lows perfect.

Confidence in taking any trade fell to zero big time.

Using 16 0.012 and 60 0.03 also 4 sma hl/2


Think the amount I'm trading freaked me out aswell, started thinking of my account as real money, not good :(


Back on tomorrow no doubt lol
 
Additional!!


120Sma added

60 Envelope removed.

Less ranges to confuse, more trends to inspire.

Lets focus on keeping losses SMALL, if I'm buying where there is live support, why have a SL 10pips under that, cause is support breaks it'll go 20 most likely.
 
Today with new settings, F12 time!!

downchanneling on the 16, nice, paused on 60 and 120 then broke both with force interesting.

Rally off low back to 60 and 120 perfectly pretty much, 4 calls end 8820, downward trend resumes

Downtrend has 2 spikes which fail near the 60, puts in a bottom then stalls on the 120twice, nice.

Nice bouncing between 60 and 120.

I Longed Live right on the 60, which then became resistance nice, still a bounce would of been nice, saw profit just for like 2 seconds to slow to exit, saw -$50 a few times should of killed it, obviously downtrend :(

Where I shorted ZERO second trade ( same open and close time LOL LITERALLY ), the pause was right on the 16 but the 4 woulda of gave me the patience to wait, sub 1 seconds and miss it LOL

Stalled at 300ema ( not added, but might ) several times

Nice downtrend being called tbh only by the 300 above, hmmmmm!

Nice up run into the 300ema again, it's hitting them well.

back down lodas of pips.

4 calls where to go long again, stall on 60 and 120 then back up to 300ema and stall, down again, upto 300 again, liking 300 a lot.

Trades over 270, few bounces before breaking down, short entry called to lower low, saw that live,

Gets a bit random to be honest, short near 8730 though
 
Looks like an error on my new MA, tested 3 EMA based, 90ema, 180ema, 270ema, just scrolled through a month of data and the 90 and 270 are AWESOME, the 180's not a lot different to the 270 much less hits and reverses, might do without it, call it while trading live tomorrow.

Using as dynamic S/R but I accept the accuracy is never enough to just open a position near, wait for momo to drop of or turn against.

The double range assumption was WRONG, bigger the MA more the efficency drops off, 16 looks to be the sweet spot range and directional wise.

The 42 trend was too fast and just got in the way.

Will I stick with this plan, not likely, if I don't like it live no point even trying, try something else and keep going till something sticks

Testing 1 or 2 days per month quick like,

September TICK
Auguest TICK
July Tick
June Tick ( 16 weak )
May Tick
April Tick
March Tick
Feb Tick
Jan Tick

Mainly focusing on new EMA's, trend from and hit reverse all great, 16 range looks 80% efficent to with trend, not to shabby.

Can I handle it Live, should be okay traded Forex using similar for years EMA wise, liking the 16, liked the 4 when I was using that, till I had a bad day I guess LOL


Desert, Sleep, am to watch atleast, trade we'll see!!
 
Thats the market conditions i was expecting yesterday.

Just bounced off the 90ema for 40pts if Id of woken up 5mins earlier. Doh!

Looking sweet, better had be 2 months till i want 20k in my account and work is running out.

No stress though ecccksss
 
Very Very nice action today, using the 4 to pick a turn after the event is the way to go, ofcourse it'll chop and kill me at times.

Currently, uptrend on all, found support but also selling down from the 16sma, what to do, I guess wait for the price to turn over the 16, but then, yeah well think on that later.

Trade from client shortly :)
 
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