Need somewhere to think out loud,

[Turveyd]

I am just a OLD turtle playing slow moving markets, cough cough, yea I have the slows....yes the Bund is so slow, no action for younger "kids".


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I'm doing okay, kinda, had zero time all week, made about $200, fxcm's app is aweful, so until my fancy daytrader app comes back online (2 weeks ish ) I'm kinda stuck

Trying to change the way i think, rather than getting a direction say up, then waiting for a pull back to join which often becomes change, jump on the up smaller pull back and riding it more.

Thats the next work to crack, leaving method basic as, 7-8sma and mae 7-8 0.03.

 

[Handle123]

Trouble with Dax, and I feel it is harder to learn to trade this instrument than ES, Dax bars are on minute are safe enough to trade then Bamm, what happened that ranges expanded, I think it is cause this market is more similar to Mini Russell of more of side of lack of volume, cause if you study enough one minute charts of many different instruments, heavier traded markets don't have as many wild bars. Bund very heavy traded market and trends very well, it seems to offer one very nice trend per day that gives few opportunities to add on.

That is one of my favorite entries in the ES, use 6-9 sma and when bars staying above this and comes down and goes thru the sma, next bar but it somewhere but not late in the swing, otherwise you late for the party.

 

[Turveyd]

Trouble with Dax, and I feel it is harder to learn to trade this instrument than ES, Dax bars are on minute are safe enough to trade then Bamm, what happened that ranges expanded, I think it is cause this market is more similar to Mini Russell of more of side of lack of volume, cause if you study enough one minute charts of many different instruments, heavier traded markets don't have as many wild bars. Bund very heavy traded market and trends very well, it seems to offer one very nice trend per day that gives few opportunities to add on.

That is one of my favorite entries in the ES, use 6-9 sma and when bars staying above this and comes down and goes thru the sma, next bar but it somewhere but not late in the swing, otherwise you late for the party.

I hear what your saying, more consistent market that doesnt go on a wild bender and run 100pts in no time for no reason would ofcourse be better on my stress levels.

Gbpusd and Eurjpy getting more use recently as they trend better, the spread+comms hurt.

ES 0.5 spread no comms, as it rarely moves more than 5 not for scalping, Im watching it as it does hold direction well, might be worth it maybe.


Got to KISS , which in this case is get back to jumping on direction, let it ride.

3 months back i had 1 good day, made loads of trades, big $$$$s, no issues, if i could get back to that mindset Id be pretty rich, pretty damn quickly.

 

[Turveyd]

Range of still forcing me to trade chop counter trend which is bad so.......

Simplified, 7mae 0.01 play that range with direction.

Rules play direction, thought SL.

If i get a break outside the direction on my side, then i consider that strong momo and i hold until back in range, try to get more from strong momo.

On holiday, supposed to be riding mtb at a trail center today, raining hard already forcast heavy rain starting soon, tv catch./ trading day lol

 

[Handle123]

Yep, I agree, tough to find any trending markets, ROFLMAO

 

[Handle123]

Very hard this trading, maybe I should get a front porch like Redneck, rocking chair, put 50lb block of salt in front yard and just polish my rifle, have laptop next to me, tall glass of lemonade, yep meez thunkin thiss the life. Hey Redneck, get the knife out, this one in my sights is plenty biggin.

 

[Turveyd]

Very hard this trading, maybe I should get a front porch like Redneck, rocking chair, put 50lb block of salt in front yard and just polish my rifle, have laptop next to me, tall glass of lemonade, yep meez thunkin thiss the life. Hey Redneck, get the knife out, this one in my sights is plenty biggin.

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Tis all easy after the fact, i have a way of waiting to long and joining the trend just as it ends with all the other suckers.

Took bike out 22miles heavy rain, with stops 6hrs, hard work riding up and down streams all day lol

 

[Handle123]

OH MY, I am sure glad I missed that, I be the guy rounding up all the friends watching you while we sip our beers and have mini umbrellas over the beer. If ya ride by, will have the handle to a pitcher facing you, have to keep hydrated. Will have couple German Hot Dogs and mustard duck taped to the pitched for ya and large napkin.

 

[Overnight]

I'm thinking out loud...

CL for December up a few bux per barrel from today's settlement price by end of November, (Thinking ~$52 bux), and GC nearing $1,400 per ounce. Something keeps shaking me about these two for longs. Dunno' what it is.

 

[Turveyd]

OH MY, I am sure glad I missed that, I be the guy rounding up all the friends watching you while we sip our beers and have mini umbrellas over the beer. If ya ride by, will have the handle to a pitcher facing you, have to keep hydrated. Will have couple German Hot Dogs and mustard duck taped to the pitched for ya and large napkin.

Checked my data, my long range road rides, 40ft per mile of climbing normal, i consider 80 to be bad, mtb typical 80, yesterday 143ft per mile ouch! Rain so hard the trails where stream mostly cant see the rocks under lol

System tweak, added back mae 7 0.03 good for chop and fall back.

Dax mad today, its just too scarey your right, too fast, got to wind the greed for instant rich and mastering that.

Looking more to trade EurUsd, Audusd, gbpusd and eurjpy, slower less news driven, less choppy. All 0.8 pt for comms + spread but hey.

Not raining yet, nearly beach weather