Need somewhere to think out loud,

Right, this is about as good as a system is ever going to get, no point trying to squeeze 1% more out, it'll have to do, put it that way, but....

Future Dev Project ............

What I'm thinking is a Order Book Live Scanner program, which tells me the likely hood of the where the Pro's and Retail are trading.

Ie. DAX just had a turn down, likely Pro's dumping, then it returned likely retail trying to get a reversal blip, if I know that Retail are the reason for the up blip, then Pro's will likely take it lower and fast to take out the retail fools and slip there SL's, therefore confidence to join the short side and hold until Pro's start buying again.

This could be Retail buying here mainly, absorbing the pro sales, which means retail will lose interest / start taking profits and selling out and the Pro's will take it lower, which is what's happening as I type, you can see it after the event, but then it's too late ofcourse to profit from it.

2 charts maybe, Pro Buy / Sell Volume either side and same with Retail.

Telling between Pro and Retail might be the issue, won't be 100% accurate, Order Size I can get, maybe the Exchange, it's the ownly way to take the Guess work out and become a Pro, I bet that's what there using.

System will auto scan and decide what's Pro or Retail, if Retail are in control of the market, I won't know this, system will just see and assume that's the Pro Side, which is fine as there in control of the market.

Retail being smaller trading sizes, but 1000x's more of us, sitting at home going crazy.
 
DAX By the numbers.

1. Pro Traders ( might be retail, who ever is in control I don't care ) start selling.
2. Retail support and create a move up.
3. Retail lose interest / pro's increase selling.
4. 2 and 3 repeated, create a Momo squeeze, yellow dots BB 8 back on trend, Pro's dumping I guess retail selling to.
5. Havent got a clue, what will happen from here


Pretty damn sweet as is, but information is POWER!!!

DAX By the numbers.jpg
 
Tweak, 14 Envelope changed to 20sma and Envelope 20sma 0.05%

No trades today man flu, but the BB 8sma 2.5 gives great entries in the direction of the 20sma, market moves down BB expands, when the lower BB line goes flat, then use that to get on the 20's trend.

Really tight Micro Management possible, if it's toward the low of the 20 Envelope then 1 Position, max size ish, further away smaller position as SL larger.

20Envelope is the give up, as good odds that'll turn so might aswell, my old fall back position.

1 or 2 days free to trade!!! :) I HOPE!!!
 
Quick test before I sleep!!

DAX Looking pretty good, 60%+ win rate expected, Twice the profit to loss on average to.

Just got to Focus and Start playing the game, taking the chances and dealing with the outcome of the entry.
 
Right DAX Long just single position $14 ( maybe Euro's ) per pt, 12878.2, out 12886.05 +$91 not a bad way to make a living :)

1 trade doesn't prove, but 20uptrend, 20 Envelope lower near, 8's BB was flat and not looking for more downside, and up she went :)

That's the trades I'm after and how micro managey I think I need to be.

Hunt for Order Book Data provider on the cheap is continuing, won't take me long to SQL the data over live and start playing with the theory, that could reduce a lot of the guess work and get me much nearer to how the Pro's trade!!
 
Starting to get good at this, mainly playing the BB 8sma 2.5's range, with the 20sma's range / 0.05% envelope.

9 trades in +$361 and only 1 loser for -$17 which was kinda odd, as it just closed itself.

Moved back to entries with double click, stops the open screen, setup values, miss the trade or rethink then miss the trade!!

Profiting and feeling easy, method scoring high high high marks :)
 
SL was 7, 1 hit before the turn, SL needs to be attached to BB Size, putting SL upto 15, which don't get me wrong will hurt, but more a emergency SL plan to self exit before hand.

Over $500 on the day here :) being 2 hours.

Can I see/repeat this tomorrow ?? doubt it!! :(

That 8BB range and watching the price Momo slow near it, is giving me enough confidence to take the trade, scalp in and scalp out.

FXCM taking 2 - 8seconds to exit a position, it was instant, sure hope I'm not being playing with :( getting in, still instant!!
 
Method Tweak :)

I'm realising, I'm just trading the BB 9sma 2.5, why over complicate it.

Missed this run up sadly, I'd of scalped out for 80 bucks anyways :)
 
Stopping over 500 don't rent to give it back, so gym time.

Quick check some good setups, looking like a money printer, can i duplicate my results tomorrow or will confidence go and can't take these thin looking setups?
 
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