Need somewhere to think out loud,

So entry method is decided on............

1. Cluster Reversals, tight SL / outside the 6 range. ( not until 6 Momo is weak )
2. Enter with the 6's direction near 6 outter range if possible or a breakdown. SL Other side of 6 range.

Try to only take trades with the general flow!


Exits.............

1. Signs of market turning against pretty much, try to let it run, but don't get greedy.

Entry method in reverse basically.

NEXT ISSUE ............. ( Why is there always a next issue, can this issue be solved ? not 100% obviously, but enough ?? )

This is going to stump me for a while, I fear :(

I only want to take trades, which have good odds on going 10+, 30+ would be ideal.

Thoughts so far..............

1. Trade with the general flow or 20/42 so I can hold for longer.
2. Stay out of dead market times ( the times I like to trade right ? hmmmmm )
3. Try to jump aboard strong 6 Momo with direction.

Kinda vague, new issue :( Doesn't sound to bad, but pretty sure doing it, BITCH!!
 
Watching markets for a quick sim.....

GU Uptrend, slow, could be worth jumping on, too slow to scalp.
GJ, too slow to scalp.

GA, moving nicely well was..........

interesting moves on GA, 6/20/42 all down, ran up into top of 6 and 20/42 and dumped 10+ real quick, just retested high of 6 again and was selling back, still is.

Initial sell off from the high, then 6 turned up and market went higher, if short BAIL!!

HOPE is low odds, got to remember that.

Just started spiking around between the 6's range perfectly.

6 is still up, no chance i'd of gotten the bottom spike ( Last time I did that, SL screwed up and instant out anyway ) but still holding with the 6's direction so far.

Stop looking at DAX it's closed fool!


00:45 and back to work :(
 
6 works great, the angle is ofcourse key, so how strong the momentum till then, which directly effects how likely it is for that momo to continue.

Interesting, GJ broke up a good 4 mins before GA broke up, could of gotten in low 6 and be +25 here, so cheap SL.

I didn't see a lot of coleration in the US market session, but if 1 break up and I can get a good price on the other then got to give it a shot and see I guess, as good a odds as any normal trade, that and I'd be like +$250 in 9mins, I can live with that for risking $60.

( could be coincidence, but moved 40pips there just, GJ stalled, 6 flat to down )

Back to the angle issue, it's too subjective, I can't on the Ipad/Phone, but MT4 I could code a little bit of text, which says UP Weak, or UP Medium or UP STRONG.

GA topping out, 6 is weaking, UP Medium maybe ? When to reverse is SAFELY!

Running into Selling, HA turned down, few buyers left, new highs 6 is strong ( GJ turned down and GU )

6 is flattening, finally, that was a strong up move, prev cluster failed, can't rule out a push higher.

SL cost at 1.9782 would be approx $100, to much to gamble.

6 is flat and GA is DEAD, 20sma nearing will it run again, looks like a YES.

Reversed off upper 6 so far, and prev top.

20sma / coincidence propping it up.

20sma, looked a bit to coincidental, another run up to 1.9800/

Looking like the run to 1.9800 was a last gasp to knock out the SL's of the cluster traders which shorted.

6 is weak down, about to test 42sma ( don't panic ), looking for a short entry time.

Trying to teach myself Patience on strong Momo moves, steam rollered to many times.

Breaking the 20sma was the time to get short, not going to give a nice entry to let anyone in I bet, would have to risk, 12pip SL here.

Dropped to 9780, clustered, turned back up 95 and climbing, stalling at 9800 bet it goes higher!

2am, that's enough theory and sim, 9800 holding some how, TRAP!!

There she goes.
 
Nice results on GA.

GJ flipping over nicely aswell in it's chop via clusters.

3 weeks before my holiday to get this NAILED, micro trend Momo Following will be cracked SOON!!!

:)
 
HA called the sell back nicely, and 6sma 10+ value here after comms.

2 Jobs to finish before demoing software tomorrow and putting it live....


1. Enquire number 6 digit, sequential.
2. Link in the Excel sheets and auto fill in some data.

Simple!! This is a note to self!!
 
Your not going to believe this, but improveme ts lol.

6 slowed to 4sma, fits tighter easierto enter with.

I had rejected gbpchf due to spread cost, total cost 4pips.

Gj managed a 25pip move, a little bit will it wont it, GC did 50pips with no hesitation what so ever OMC (cat) think it's worth the extra pip.


Moves so far this am, 15, 35, 30, 40, 30 then 55, that's 2k worth of easy to see moves, very little wibble time.

GA 70 move then wibble

GC turned down short 1.4630 sim, 26 holding, out - 2 pull back in uptrend.

Long 31, typical dead, universe must be thinking live trade, that was a fake up sl bit - 80 git lol sim.
 
GC stalled sadly, but hey, give back 100 worth it to make 500.

Back to micro managing, to hell with comms and spread, i got lucky a few times giving it room then it stung real bad, going the wrong way, out our flip.

Work :(
 
Gbpchf new cash cow, wowsas, no more black swans pls, avoid during any swish news.

42 dumped, 20 slowed to 24 close enough to 42 lol


Must not quit main client yet, hoping to befire my holiday, come back with a peaceful life :)
 
Dont know if gbpchf always moves his well, will check charts later, but sure sirts out the risk to return issue, pretty damn quick going that.

Work sucked, client lost invoice borrowing again :(


Weekend yeaaahhhhhhh skint bugger :(
 
Home, TIRED, finding it hard to believe, GC just had a 50pip move on a friday night, WOWSA's, wish I was around and trading today, CRAZY!, it doesn't really hesitate while moving, looks like it'll be really easy to sit back and hold for all of it.

Not as good longer term, but moves easily worth 50% more than GA, well worth the 0.5 extra spread :)
 
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