Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Well shit happens.
If it don't work try something else, a method that works in all conditions and every day is the tricky part.
Until then, in just making a bit and losing a smaller bit, but the account growth i want
New Plan is looking good ( Keeper, low low odds ofcourse, but maybe 1 day, I'll find what I'm after )
Simalar to the previous 7sma envelope and 17sma envelope, just 4 and 8 based and tighter % to fit ofcourse.
Standard, if 8 is going down then look to entry short near the high of the 4's range.
10SL, single position!
This does, no question at all, work and do as required nicely, but.............
The tricky part is, 8 and 4 are going down, market blips up to a safe entry, you've got to trust the 4 and 8's direction enough to place the trade, quickly very quickly cause most of those don't last long, or maybe have a Limit in an area, which I update frequently, so any spikes I auto matically reverse.
Although most continue with the 8's direction, they all look like there about to keep going up, to sucker in the jump on the reverse crowd.
Ofcourse at times, fake reverses actually aren't, but rare so ignore that.
Need to test it, in the times we had chop and chop method working 14 profits in a row.
Simalar to the previous 7sma envelope and 17sma envelope, just 4 and 8 based and tighter % to fit ofcourse.
Standard, if 8 is going down then look to entry short near the high of the 4's range.
10SL, single position!
This does, no question at all, work and do as required nicely, but.............
The tricky part is, 8 and 4 are going down, market blips up to a safe entry, you've got to trust the 4 and 8's direction enough to place the trade, quickly very quickly cause most of those don't last long, or maybe have a Limit in an area, which I update frequently, so any spikes I auto matically reverse.
Although most continue with the 8's direction, they all look like there about to keep going up, to sucker in the jump on the reverse crowd.
Ofcourse at times, fake reverses actually aren't, but rare so ignore that.
Need to test it, in the times we had chop and chop method working 14 profits in a row.
Looking GOOD, trusting it and taking the low of such a small channel, well not yet.
Could scalp for 5-10 pts multiple times, with only 1 range break out, i might of been long on for 40pts pretty quickly.
Being quick enough to take is my issue, i am not good at that i hesitate and get poor price and screw it up, but needs must, must dedicate life to getting better at this aspect, i guess, there are no short cuts, scalp or lose sadly.
Could scalp for 5-10 pts multiple times, with only 1 range break out, i might of been long on for 40pts pretty quickly.
Being quick enough to take is my issue, i am not good at that i hesitate and get poor price and screw it up, but needs must, must dedicate life to getting better at this aspect, i guess, there are no short cuts, scalp or lose sadly.
Slow the 8 to 10 and very good indicatir today atleast of future direction.
Dax long 11505, based on 10 uptrend.
Upper 10 ran into 11514
Stalling tp 15, filled
Going higher 18, but hey $131 in 4 mins, fluke or working ? Find out over the day i guess.
Single position, dax at $13.12 per pt
Must stick to this logic, cut out my gambly bottom picking trades thatcost me too damn much.
Aggressive lot sizing approved, keep my self danger close to my 50:1 margin limit.
TI has frozen twice today, and my fully charged screen, froze forcing a restart, few bugs on the Asus tablet still sadly, maybe this TI version.
Dax long 11505, based on 10 uptrend.
Upper 10 ran into 11514
Stalling tp 15, filled
Going higher 18, but hey $131 in 4 mins, fluke or working ? Find out over the day i guess.
Single position, dax at $13.12 per pt
Must stick to this logic, cut out my gambly bottom picking trades thatcost me too damn much.
Aggressive lot sizing approved, keep my self danger close to my 50:1 margin limit.
TI has frozen twice today, and my fully charged screen, froze forcing a restart, few bugs on the Asus tablet still sadly, maybe this TI version.
Looking sweet, cocked trade up but me entirely - 183 went beyond the sl hate that.
Should of been on the other side rather than always betting on its about to reverse, follow the direction fool.
Asus keeps locking today, spoke to soon.
Made 109 on ga long
Then 132 on dax long, joined the up move like i should do.
Promising on how I'm trading I've got to say
Killed Hieki Ashi aswell.
Head is killing me, calling it a day soon i think.
Should of been on the other side rather than always betting on its about to reverse, follow the direction fool.
Asus keeps locking today, spoke to soon.
Made 109 on ga long
Then 132 on dax long, joined the up move like i should do.
Promising on how I'm trading I've got to say
Killed Hieki Ashi aswell.
Head is killing me, calling it a day soon i think.