Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Got 2 screens with old Envelope setup and new BB setup.
BB 20 1.0 and 2.0
Envelope 5sma 0.02 for fast moves.
Trying to go with a single direction, enter near 20sma with trend SL out to 1.0 or 2.0 if entered near 1.0.
2 variables confuse me and create zero trades.
Flat markets, trade BB range.
Fast momo join the 5.
Trundling up low 5E is calling the lows.
Slowwwww today, no trades
BB 20 1.0 and 2.0
Envelope 5sma 0.02 for fast moves.
Trying to go with a single direction, enter near 20sma with trend SL out to 1.0 or 2.0 if entered near 1.0.
2 variables confuse me and create zero trades.
Flat markets, trade BB range.
Fast momo join the 5.
Trundling up low 5E is calling the lows.
Slowwwww today, no trades
Definately looks like more percieved information, useful ?? Just reversed up off the low 2.0 BB, hit the high 2.0 BB and stopped, but then continued higher with the 20sma's direction.
Other Envelope based chart, not a clue what's going on as Envelopes are too wide for this slow market, BB self sets itself.
Market failed to make new highs and is threating to turn down, bit more confidence then look for a cheap SL entry to join short, risk 7 to make 30 plan.
Other Envelope based chart, not a clue what's going on as Envelopes are too wide for this slow market, BB self sets itself.
Market failed to make new highs and is threating to turn down, bit more confidence then look for a cheap SL entry to join short, risk 7 to make 30 plan.
BB method called short entry at H1.0 11332 - SL hit 11340 -8, reading as uptrend, still WEAK!!
Envelope method, no entry, reading as uptrend
Both pulling back, both saying Long @29, SL BB 23 , Env 18
Too weak to call anything, off to work see what it did then, back in Demo mode while I decide which way to go!!
Envelope method, no entry, reading as uptrend
Both pulling back, both saying Long @29, SL BB 23 , Env 18
Too weak to call anything, off to work
see what it did then, back in Demo mode while I decide which way to go!!Still not happy, going simpler.
Envelope 5sma 0.02%
Envelope 9sma 0.04%
Envelope 13sma 0.06%
Simple rules, play the ranges with direction, play the 5 range and the 9 range, or the 9 and the 13, SL on 13 failing, weaker markets leave entry to near the 13 0.06%.
Simpler, more logical, easier to see direction and trade it and SL not as huge as last trade, wayyy to scarey!!
No MORE Searching!!
Envelope 5sma 0.02%
Envelope 9sma 0.04%
Envelope 13sma 0.06%
Simple rules, play the ranges with direction, play the 5 range and the 9 range, or the 9 and the 13, SL on 13 failing, weaker markets leave entry to near the 13 0.06%.
Simpler, more logical, easier to see direction and trade it and SL not as huge as last trade, wayyy to scarey!!
No MORE Searching!!
And it's the time of day I test the new fangled better than ever before, watch it fail miserably live method, getting too old for this plan of random method's and trialing and deleting LOL
DAX Nov 6th 8am start GO!!
Why every time I sit down to trade or demo trade I get a sneezing attack, every damn time!!
Between, sneezes, major downtrend, currently sideways between the 13E
Broke up, to thin to call after that selloff.
5 Rules, 2 positions max, Long 11493 - SL 79 , 2nd 11485 - SL 79 - just held on out 94 +1 +9 not worth the risk, 5 entry issue!!
5 - Short 89 SL 99 - basing exit 80 +9
Short near 9 11483 - SL 89 NICE exit 11449 + 40, dropped off the planet that 1!!
Wait 20mins after a major move, not here to gamble!
All Envelopes back inside, volatility over maybe ?? Nope CHOPPY As fuck!!
Okay, looks to be over downward, Short 11462 - SL 11469 SL hit, waited for continuation FAILED!! -7
Long 11460 we'll see, if going up SL 52 - Repeat saw 72 hit SL -8
Envelope 13sma 0.06 looking at being poor!!
Missed a turn up cause of 0.06, should of took SL under the 5's range.
Running it again
Envelope 11 0.07
Envelope 7 0.05
Envelope 5 0.03
DAX Nov 6th 8am start GO!!
Why every time I sit down to trade or demo trade I get a sneezing attack, every damn time!!
Between, sneezes, major downtrend, currently sideways between the 13E
Broke up, to thin to call after that selloff.
5 Rules, 2 positions max, Long 11493 - SL 79 , 2nd 11485 - SL 79 - just held on out 94 +1 +9 not worth the risk, 5 entry issue!!
5 - Short 89 SL 99 - basing exit 80 +9
Short near 9 11483 - SL 89 NICE exit 11449 + 40, dropped off the planet that 1!!
Wait 20mins after a major move, not here to gamble!
All Envelopes back inside, volatility over maybe ?? Nope CHOPPY As fuck!!
Okay, looks to be over downward, Short 11462 - SL 11469 SL hit, waited for continuation FAILED!! -7
Long 11460 we'll see, if going up SL 52 - Repeat saw 72 hit SL -8
Envelope 13sma 0.06 looking at being poor!!
Missed a turn up cause of 0.06, should of took SL under the 5's range.
Running it again
Envelope 11 0.07
Envelope 7 0.05
Envelope 5 0.03
26th September 9am
Uptrend Long 12353 - exit 60 +7
Sideways chop Long 12353 - SL 47 - exit 62 +9
Flip short 62 - SL 69 - Exit 50 - +12 other side of range.
Flip Long 51 - exit 64 +13
gaining upward not flipping
Cluster Long 58 - SL 51 - didn't hit exit stuck in - turning down out 51 +3
Range L 54 - exit 61 + 7 BOREDD!!
5 Envelope is USELESS, runs out of steam to often deleting!!
Make it Envelope 8sma 0.01 + Envelope 8sma 0.04 and Env 12sma 0.06 tighter!!
1:30pm still going, been a SLOW day!!
Short 8 0.01 rule, 12349 - SL 12355 - exit 44 +5
Adding 22 0.01 longer trend filter back in.
Short 12341 - SL 48 - exit 36 +5
Short 12341 - SL 12346 - exit BE too quick to get bottom!!
22 up, Long 12343 SL 39 Over stayed SL hit -4
22 makes Env 12 obselete, DELETE LOL Slow 8 to 9.
Turing up over 22 Long 12345 SL 39 - exit 61 +22 nicer!!
Long 22 pull back / 9 low Long 12354 - SL 49 - exit 61 +7 crap still going
back in Long 69 - out on spike 83 +14
Long 75 - SL 70 - exit 78 +3 went 90
22 break down, short 12378 - Saw 70 but Exit BE
Uptrend Long 12353 - exit 60 +7
Sideways chop Long 12353 - SL 47 - exit 62 +9
Flip short 62 - SL 69 - Exit 50 - +12 other side of range.
Flip Long 51 - exit 64 +13
gaining upward not flipping
Cluster Long 58 - SL 51 - didn't hit exit stuck in - turning down out 51 +3
Range L 54 - exit 61 + 7 BOREDD!!
5 Envelope is USELESS, runs out of steam to often
deleting!!Make it Envelope 8sma 0.01 + Envelope 8sma 0.04 and Env 12sma 0.06 tighter!!
1:30pm still going, been a SLOW day!!
Short 8 0.01 rule, 12349 - SL 12355 - exit 44 +5
Adding 22 0.01 longer trend filter back in.
Short 12341 - SL 48 - exit 36 +5
Short 12341 - SL 12346 - exit BE too quick to get bottom!!
22 up, Long 12343 SL 39 Over stayed SL hit -4
22 makes Env 12 obselete, DELETE LOL Slow 8 to 9.
Turing up over 22 Long 12345 SL 39 - exit 61 +22 nicer!!
Long 22 pull back / 9 low Long 12354 - SL 49 - exit 61 +7 crap still going
back in Long 69 - out on spike 83 +14
Long 75 - SL 70 - exit 78 +3 went 90
22 break down, short 12378 - Saw 70 but Exit BE