Need somewhere to think out loud,

Lost $45, counter trend stupid as said, long above 9820 area :(


Lost $30 on the turn up, then got on that up move which broke up!!

On the pull back long, made back $75.

So they canceled each other out, nicely!!

LOL

Changing sides on the 8sma's likely means direction change, learn this fool!!

Well if the sma's are flat, then yes, if the SMA's are strong, then momo and likely just a pull back.


I will MASTER THIS!! Or Go Crazyer!!
 
Today, 10 trades, 5 profits, 5 losers but still in profit, I'm managing losers better :)

Could be doing a LOT better, which is good, so onward tomorrow I guess!!

Must of cracked it, huge system role out nationally come through :( that'll get in the way of trading :(
 
No trades yet, missed the break down, currently fighting the urge to counter trend trade and saved myself from a loser, yes joining would of been like 300 just easy :(

Getting there :)
 
Spotted the 8 trend change, made a quick 80 :)

No way to spot the reversal after mind, went into BB chop mode after a tad bit of micro trend, it did read as that, hence no joining the 8 trend short again.

Mastering the setups, looking for min risk, max bucks is the next mission.

Still -100 on the week, but pulled back 240 since adopting this method.

Just called break to downtrend, i though nah but she went, if i was trading chop long, hopefully id of spotted it and exited.

Alot to be said for just trading pull backs to the 8 range with the direction, sl just outside, been very repeatable today.
 
3 trades, 2 losers, 1 didn't set SL, exited at worst price right before it came back down LOL

-$160 on the day, so -$260 on the week, pretty crap really!! Can't get a break. On the month I'm +$30, so still profitable LOL

Loser, was stupid to, missed the low entry long it was uptrend, US30 looked to be breaking down, figured DAX would follow, not this time, let it run, SL SL SL SL SL SL SL!

normal loser on the other 1, could of broke up for a 2nd leg, didn't, no biggy.

Tweak, the 8sma BB, change to the standard 20-1.7 setting.

Well room for better next week :)
 
Right got 20mins, so back on mission, mission is beat the damn pain in the ass markets eventually before going totally mad and being too old to be able to spend the $$$'s!!

So, happy with the 8SMA H/L for short term momo entry, but when market goes choppy ofcourse this falls over, looks like it'll work, which leads to losses, when the BB 20 1.7 kicks in.

So........

BB Squeeze and Breakout, seems to be efficent, impossible to back test as always, too many little spikes I might consider a break.

The Range looks legit, 50% of the time, which is fine, if I can make 2x's what I lose.

Sadly, back testing to hard to be objective, it's all about Live watching and Sims and ofcourse trading live and taking the chance.
 
Simming on ipad, going back to both 10sma based, H & L and envelope 2.4

10s direction is key, if up then take a position near the low, tight SL just outside the Lower BB.

If i can keep it that simple, then I'm pretty sure it will in most markets make good $$$$'s.
 
More testing :(

Entries with the 10, SL under Envelope or get to a scalpable profit ( giving it back, not methods fault LOL )

DAX Mar 21st, 9am start

Down, PPL
Up, PL
Down, ?
Up, PPP

It's an edge, enough of an edge live ?? find out soon!!

Busy till Thursday anyway :(
 
F12 time, before Xmen Movie then hopefully if I can be arsed a 35mile road ride!!

DAX 23rd March 10am

10 just turned down, short 10088, out 66 +22 nice!!

Still not 100% happy with the BB.

Just the H & L SMA's 10's fall over on there own,

Envelope 10sma 0.06% still looks best/

Anyway cinema, this looks promising maybe!!
 
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