Need somewhere to think out loud,

Testing, well old theory that looks great, but lack the skills to trade live!!

MAE 18 0.01% and 0.03% Simple as!!

Play the range with direction, exit when the direction changes, simple as simple.

The Trick is, getting in near the 0.01% beyond that good odds it turn against you like 60% but worth risking the few extra pts for a 40% chance it'll chop back to profit, although briefly.
 
Right got to settle on a method, burning too much time, so current 1 will do..

MAE 18sma 0.01% and 0.03%
42sma

That'll do, keeps coming back to that, but I keep messing that up, reason being I try to trade it 24/7 without picking my moments, mainly boredom.

Basically, I need patience to wait and trade on strong momentum, then I just trade pull backs with Momo and repeat.

I need a trade / don't bother rule, to skip out all the bullshit death by a 1000nd cuts crappola.
 
Minor tweaks required .....

18 too slow, using 13 here.

MAE 13 0.2 0.04 and a 13sma

USDJPY was useless to the US part started to wake 12:30 area gmt.

EJ, GU tradeable all day. GPBJPY looks okay to.

So mainly watching UJ before it's active, why it all seems random and no follow through.
 
Current settings, worked great today, no trades sadly

13sma + MAE 13 0.02 0.04 and 26sma

GJ was practically random before 13:30 area again I see.

BIG news I see, chop into!!

Interesting enough, sadly ZERO time :( Tomorrow I shall HOPEFULLY daytrade my little socks off!!
 
Okay, wasnt happy to settle on the 18 sma speed,


So 13sma mae 13 0.02 0.04 and sma 26 for the simple 13/26 cross direction.

Last few days of checking charts mainly its good enough, perfect hell no.


So unless it starts coming completely irrelevant which it shouldnt method locked, time to get good at trading it live.

Time this week ? We shall see maybe!
 
Been busybas fuck, back on it Tuesday/wednesday next week all being well.

Faster setups getting chopped to death, slower more chop based method working well in theory recently.

21sma + mae 21 0.05 + 50sma

Play that range when 21 and 50s direction line up, kiss to the max.
 
Better do some F12 1 bar testing I guess, method changes 50sma removed, mae 21 0.02% added.

GU 9:30am..
No direction, chopping around the 0.02% range.
Missed up move faked a down.
2nd entry Long 1.3145 - Exit 51 momo slowing :(

21 to fast, 26 fits better today atleast.

I like, do more testing over the weekend, up at 6am :( SUCKS!!
 
nearly time to start taking chances and adapting to what happens after, we'll call it trading.

Drop lot size to $1 per pt while i get some practice in, till profiting.


Lets go!
 
Right Trading Logic for method based on the 26sma's Momo Strength mainly....

1. Strong Direction, best condition...... Enter with the 26 near the 26 in the 0.02% range, 0.02% failing = big chance of direction change.

2. Moderate Direction, enter with direction nearer the 0.02% - 0.05% range.

3. Flat, Play the outer 0.05% range.

Trying to decide with good odds what's chop and direction, react to either too soon and get slapped.
 
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