Need somewhere to think out loud,

[Turveyd]

Method locked = method curse of DEATH!

After doing so well - 310 on the day has annoyed me that much, I've thought of a better plan on the drive home and stopped half way to test it lol

Right simpler, more trades, tighter SL, faster reacting to market direction.

So..... New plan....

Envelope 6sma 0.04% and that's it.

SL 6 area just outside the range so danger tight.

My small profits repeated remains, single position though.

Basically join direction, while playing the range.

Focus back on keeping losses tiny.

 

[Turveyd]

Back home on PC and looking like 9sma Envelope 0.04% is the way to go, with a 16sma Backing it up to keep on the longer trend better.

Here is the chart, first X is the 1 that slapped me HARD and set me up in a revenge trade losing funk

Arrows mark trade entries, X's mark losses, there are 14 trade setups and only 2 losing trades on that screen

Downside, target is like the other side, so 5 - 6 pts, but as my SL is also 5-6 pts, might get some pops above for 10.

Going single position, but will leave at 1/2 size maybe go 1/4 size after today, while I practice.


Bird wise, when she wants something and she's all flirty and " I'll THANK you later, wink wink!" she didn't realise what that means these days, THANK sounds a bit like F###, she's noticed the men aren't interested in doing X for her, until the THANK then suddenly become all interested then after look kinda disappointed, she's kinda special sadly.

 

[Turveyd]

RIP Jerry Doyle AKA Micheal Garibaldi B5 security chief

 

[Turveyd]

Longer range testing on new fangled theory, life for some goes on and all!

DAX into the close is brilliant, as it's going up, no real twists or turns, but not as good rest of the time, need to pick slow times to apply this logic.

US30 better than DAX all day, less choppy.

EJ also better than DAX today rest of the day, interestingly.


Todays issue is, why I likely system swap, I start to build confidence in a method, then brain switches off and just trades the system which only gets me 30% there, which basically means I'm S C REWED!!

Prev method, was a trend buy at levels and hold, but I was scalping on the exits then the R:R ratio with some losses basically couldn't handle it, risking 15 to make 3 or 4, win rate was great in the right conditions, but get impatient and wrong conditions and SCREWED!!!

Basically I'm moving more and more into becoming a full blown scalper and pretence of any kinda of prediction is being well and truely pushed far far away.

 

[Turveyd]

The run of losers continues.

First SL to tight, then bad trade, then margin to close had to reduce size got called, down 110 area

Thankfully had dax long, +110 2 positions so back to BE hopefully broken my losing spree, 12 in a row after 14 profits in a row, just don't ask, trading broken and stupid or what.

Got to get the hang of actually trading this, must plow on.

 

[Turveyd]

Screwing it up big time, market very very choppy.

AT -160 here on the day, despite the last trade making a quick 100


Plot is lost...

Entries arent tight enough, creating bigger losses, then not holding long enough on profits arrghhhhhhh.


Totally screwed comes to mind.

 

[Turveyd]

The 6sma based i was using live yesterday was/is the solution, range up 0.05 aswell doh!

I suspect to tired to think straight is the issue here.


-$200 on the week, despite dropping $500 last 2 days

 

[Handle123]

I find trading the Dax harder than the ES and trading the Bund is truly way to go as you can do size and it trends well. If you can't trade this and make money, it not the system.

 

[Turveyd]

I find trading the Dax harder than the ES and trading the Bund is truly way to go as you can do size and it trends well. If you can't trade this and make money, it not the system.

View attachment 165732

Bunds costs are too high spread wise for how much it moves, hence dax.

 

[Turveyd]

I'm doing it wrong, I'm trying to buy on a pull back with trend, the issue is the pull back is too far before i take it, so momo has already shifted and why I'm losing so much.

Market conditions have changed aswell, its point and shoot, rather than drop 5 pause I get in, it reverses, Im still playing that way.

So 2 maket types, 1 i scalp for a few pts.

The other directional, breaks out of the 0.03 range thats the direction it will likely go, so exit and flip is asap.

Its never easy