Need somewhere to think out loud,

Liking the micro action, this pm, okay too slow to profit from and huge spready.

Trade the small noise that happens all day long and stay away from the big stuff or atleast from getting in it's way and GOLDEN!!
 
Plan accepted until you change it again tomorrow LOL. Good luck this week mate.

Turveyd said:
So simple write up.

1. zoom in a lot, 20 candles area on screen is more than enough, any more and get scared, need to focus on the detail.
2. Trade direction of the 30ema ONLY
3. Take 10 range trades following #2, this will be my bread and butter 100's of setups.
4. if the 5's got strength, jump on take it for a ride, or off if on the wrong side.
5. Any longer trades, the 5 calls the turn, although use the 5 to get on it, rather than waiting for a reversal.

Easy!! plan accepted! sleep soon ( getting old )
More...
 
onemoreshot said:
Plan accepted until you change it again tomorrow LOL. Good luck this week mate.
More...

Its accepted for tradng live, but I am after perfection, so expect change.

Looking like it will work well, but can i trust and trade it near its potential live ? Find out today i guess.
 
Yes the 10 range and 30uptrend, which had been holding and bouncing it nicely for the last hour ish, just failed, turned to 5 based downtrend, it was a tad under the 30ema aswell, didn't think enough to worry.

-$56 on that, should of bailed and flipped on 5 failing.

although a loss, I LOVED the action :)

I was typing and planning and didn't react in time.

Looks like I'm onto something :)
 
Find 2 items with trend and watch till bored.

DAX Downtrend, watch, take entries near 5 high, maybe not yet LOL
GA flat, no
EJ slight down, nah
GU not bad, more 5 based today
EU too slow

DAX and GU have focus.


GU strong 5 uptrend, might be worth joining, just over 30.
DAX under 30, shorts only, wishing I'd of taken +12 here :(
 
Theory mode.

DAX, 30 down, 10 down, top of 10 Env, might go live, 5 up, wussed shorting be +12 here, nooooo!!

It worked :)

This time, but it made 2x's the expected loss so far, which is what counts.

GU also had a nice bounce off the 30ema.

Getting a REALLY good feeling about this setup :)

Time required to master and trust, this could be the baby FINALLY!!
 
Chart of the action, it's so simple but effective :)
 

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Ofcourse, this time I do short the DAX near the top of 10 and 30 and guess what, SL hit -$50 in approx 2mins LOL

25% directional change chance on every pull back so far on todays chart and I'm 2 for 2 LOL

Join long maybe, if I get the required entry.

GU turning down.
 
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