Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Part of getting rich is not losing
If you saw my win/loss percentages in long term commodities, you would not be impressed and I seldom have win percentages over 15% for the year on the Commodity side, but the hedges work at keeping me in the game till the big trade eventually comes, just a matter of time. And over 50% of accounts have been from long term commodities. Day trading is fine to kill an hour, make some dough and walk after an hour or less. It is like doing a morning snack and going back to back testing.
Starbucks time.
Small late to test the water then big scores are the way to go.
Totally can't hack yesterdays plan in todays slow conditions live, being much slower than yesterday, abort.
Was up 80, then down to - 200, just pulled back 150 on up move so - 50 close enough.
22sma direction follow rules.
9sma
Envelopes 9sma 0.04 and 0.8.
Can't time enteries for smeg, so back to playing the ranges with direction.
2 positions, Sl 15 and trailong manual exit really.
Similar to last major method, but fixed envelopes
Calling this down move nicely, shame i was on the wrong side before is start, lost 70.
Progress this week in my kinda odd book, slay it next week...
BBs age the issue, just didn't suite in ways.
Was up 80, then down to - 200, just pulled back 150 on up move so - 50 close enough.
22sma direction follow rules.
9sma
Envelopes 9sma 0.04 and 0.8.
Can't time enteries for smeg, so back to playing the ranges with direction.
2 positions, Sl 15 and trailong manual exit really.
Similar to last major method, but fixed envelopes
Calling this down move nicely, shame i was on the wrong side before is start, lost 70.
Progress this week in my kinda odd book, slay it next week...
BBs age the issue, just didn't suite in ways.
F12 test time of this method, should be less decisiony so easier to test and trade we shall see!!
22nd Mar, 9am on my chart!
22 UT, pulled back to low 9, hold, next holding, L10082, out +8 maybe, TOO QUICK!
Down move
9 mom stals, reversal play +25
UT, L, gets a few pts
High 9, reversal play for 20
Dowtrend, scalps
9 momo stall, UT formed.
Entering with the 9sma does nicely.
UT, low of ranges do well for scalps.
Chop bewteen, fine no breakouts
On this day, it WORKED!!, just a matter of trusting the maths.
we shall see!!22nd Mar, 9am on my chart!
22 UT, pulled back to low 9, hold, next holding, L10082, out +8 maybe, TOO QUICK!
Down move
9 mom stals, reversal play +25
UT, L, gets a few pts
High 9, reversal play for 20
Dowtrend, scalps
9 momo stall, UT formed.
Entering with the 9sma does nicely.
UT, low of ranges do well for scalps.
Chop bewteen, fine no breakouts
On this day, it WORKED!!, just a matter of trusting the maths.
Okay new plan, Trade with direction of 24sma using the 9sma's ranges to take positions, with the trend of both.
Test 29th March DAX 9am
24up 9 down, tricky... went lower, both need to agree or no trade I think, better without the 24 ??
24D, 9F Short 9923, news +40 LOL
Gone Crazy, few chop scalps down near the lows'
nice UT loads of entries and continues
Could argue 24 useless, but it's a nice confidence booster on longer holds.
9 gives a good idea of direction and how it's moving within the range, gives good momo strength, breaks below odds are it'll turn down and vice versa.
Looking good!! Time to start trading like a Pro, yep hookers make the best traders
Test 29th March DAX 9am
24up 9 down, tricky... went lower, both need to agree or no trade I think, better without the 24 ??
24D, 9F Short 9923, news +40 LOL
Gone Crazy, few chop scalps down near the lows'
nice UT loads of entries and continues
Could argue 24 useless, but it's a nice confidence booster on longer holds.
9 gives a good idea of direction and how it's moving within the range, gives good momo strength, breaks below odds are it'll turn down and vice versa.
Looking good!! Time to start trading like a Pro, yep hookers make the best traders