Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
There are no stupid question, only stupid people!!
Heiken Ashi
http://www.investopedia.com/articles/technical/04/092204.asp
Short term trend indictor kinda at it's best, been trying to do this with SMA's and the like for years doh!!
GBPAUD fitted the pattern today, had left that on M5 so missed it totally 
Decreasing Momentum on the DAX which then broke down after a SL run over the 9300 predictable, they've really got to try harder, sadly wasn't watching.
Short called just 9267 area +10 so far, 9250 is key for continuation ( well doh! )
HA removes all the wibble and my brain is working again finally, work today trade tomorrow 
300% in 7weeks and counting, EASY!!
Decreasing Momentum on the DAX which then broke down after a SL run over the 9300 predictable, they've really got to try harder, sadly wasn't watching.
Short called just 9267 area +10 so far, 9250 is key for continuation ( well doh! )
HA removes all the wibble and my brain is working again finally, work today
trade tomorrow 300% in 7weeks and counting, EASY!!
Okay time to stop messing around and trading like a Professional :-
No holding against HA
No trades till HA turns
No Trades which aren't during and with trend.
No Trades during slow times.
Micro Manage the losses.
No more 2nd positions.
Set SL to 8 ( DAX )
Exit on HA turn or Strong S/R not until!!
Stop messing with the method, it's FINE!!
Get over feeling old and tired I'm only 43!
Stay away from Woman, they screw me up to bad, by the hour only!
Account balance $5,946, target $20,000 end of the year!! ( just moved some back, to inspire the warrior spirit )
Lets grow a pair, don't like messing with chump change back to 100 lot size ie $12.56 ish per pip, I have 473 pips to lose before I'm out, better to try and lose all than to wuss out, so 50 losing trades!!
Time to kick my ass and get back on mission!
Consider it DONE!!!
* Feels tired from all the Hoooraaaaaa stuff, not working so far!!
No holding against HA
No trades till HA turns
No Trades which aren't during and with trend.
No Trades during slow times.
Micro Manage the losses.
No more 2nd positions.
Set SL to 8 ( DAX )
Exit on HA turn or Strong S/R not until!!
Stop messing with the method, it's FINE!!
Get over feeling old and tired I'm only 43!
Stay away from Woman, they screw me up to bad, by the hour only!
Account balance $5,946, target $20,000 end of the year!! ( just moved some back, to inspire the warrior spirit )
Lets grow a pair, don't like messing with chump change back to 100 lot size ie $12.56 ish per pip, I have 473 pips to lose before I'm out, better to try and lose all than to wuss out, so 50 losing trades!!
Time to kick my ass and get back on mission!
Consider it DONE!!!
* Feels tired from all the Hoooraaaaaa stuff, not working so far!!
Final revisions to method, which where made before above.
60sma is deleted, there will be only 1.
13sma is added, so mid point of the 13sma envelope range, okay 2 SMA's, looks to provide S/R aswell
Direction of the 30 dictates my trade direction, if no direction WAIT!!
Also, if 13 over 30 then trade up, down to pull backs of low 13 range.
Get out of it's down 30, it can't go down more mentality, IT CAN and it WILL!!
Need to master, jumping on fast ish moves, HA is green, join it as it will likely continue for a while.
Method assessment, sticking to DAX only for a few days, build upto the others, just feel safer!!
Monday, AWESOME loads of good trend to milk like crazy!!!
Tuesday, a few good trend places, it would DO in short!!
60sma is deleted, there will be only 1.
13sma is added, so mid point of the 13sma envelope range, okay 2 SMA's, looks to provide S/R aswell
Direction of the 30 dictates my trade direction, if no direction WAIT!!
Also, if 13 over 30 then trade up, down to pull backs of low 13 range.
Get out of it's down 30, it can't go down more mentality, IT CAN and it WILL!!
Need to master, jumping on fast ish moves, HA is green, join it as it will likely continue for a while.
Method assessment, sticking to DAX only for a few days, build upto the others, just feel safer!!
Monday, AWESOME loads of good trend to milk like crazy!!!
Tuesday, a few good trend places, it would DO in short!!
Okay lets focus on HA turn probality for today, today being kinda average yesterday would be cheating!!
So with Trend only via trend rules as above, if HA signals turn ( for 1 bar not live so not 100% fair ), how many profit go +10 or lose go -10.
Profit +13
profit +20 tried to go higher might of spooked me out!
profit +15
profit +15
profit +40
Just got to spot them live and ones which atleast break even the rest of the time LOL
So with Trend only via trend rules as above, if HA signals turn ( for 1 bar not live so not 100% fair ), how many profit go +10 or lose go -10.
Profit +13
profit +20 tried to go higher might of spooked me out!
profit +15
profit +15
profit +40
Just got to spot them live and ones which atleast break even the rest of the time LOL
Method is fine, I think if I stop holding on to tight, moving SL and trying to hard to not take losses I'll be fine and rich relatively quickly, my issue is, moving SL and averaging down/up, take thy hits.
Rule #1 do not move SL, if SL gets hit, move on, look for new setup!!
Using HA to let profits run, should blow my R:R out of the universe, even if I drop to 50/50 win rate, my 2x's profit to loss average, should still mean I'm making good $$$'s
Just let them DIE, ironically my ownly trade I made today, reversed on my SL right before it ran 25pips up LOL for +15 area LOL Can't get a break these days, my bad though, trending down on the 13 and correction for a 50pt run up doh!!
MUST USE BRAIN CELL!!! must also SLEEP!!
Rule #1 do not move SL, if SL gets hit, move on, look for new setup!!
Using HA to let profits run, should blow my R:R out of the universe, even if I drop to 50/50 win rate, my 2x's profit to loss average, should still mean I'm making good $$$'s
Just let them DIE, ironically my ownly trade I made today, reversed on my SL right before it ran 25pips up LOL for +15 area LOL Can't get a break these days, my bad though, trending down on the 13 and correction for a 50pt run up doh!!
MUST USE BRAIN CELL!!! must also SLEEP!!
It's official, the market hates me, downtrend, ha goes red, short, simples, bang up she goes
It was reversing off the longer 200sma i see, that wasnt on chart, but its back.
Literally, next second, been watching it with order screen up for a few minutes to, sucks.
Give me a break universe.
It was reversing off the longer 200sma i see, that wasnt on chart, but its back.
Literally, next second, been watching it with order screen up for a few minutes to, sucks.
Give me a break universe.