Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Removed the Envelope 7sma.
Going with 12 0.03 and 0.08 and a 36 0.01 ( fat SMA )
Issues........
Not many setups per day, hard to focus.
Trading mainly against the 3hour SMA interesting.
Need a change, been scratching my head and going around in circles, for too long, more intraday swing than intaday scalp, longer to think and plan.
Lets give it a good go!!
Going with 12 0.03 and 0.08 and a 36 0.01 ( fat SMA )
Issues........
Not many setups per day, hard to focus.
Trading mainly against the 3hour SMA interesting.
Need a change, been scratching my head and going around in circles, for too long, more intraday swing than intaday scalp, longer to think and plan.
Lets give it a good go!!
Need to move to a 8am till 9pm watch casually, take trend only trades, move SL, while doing what ever else I'm doing, why I've got 2 trading tablets 10.5" ( office based ) and 8" ( walk around ).
Less M1, FOCUS and Trade, more take it easy and trade along side life / gym / walking around / work.
More see, what happens, I see big 30-40pt moves frequently for risking way less.
It's not the scalpy 10pts, 20times in a day like I'd like but hey, needs must!!
Less M1, FOCUS and Trade, more take it easy and trade along side life / gym / walking around / work.
More see, what happens, I see big 30-40pt moves frequently for risking way less.
It's not the scalpy 10pts, 20times in a day like I'd like but hey, needs must!!
TOTALLY NEW METHOD TIME..........
okay, today SLOW as SLOW, so not a great day to M5 Swing, but watching all day, there is like 2 trades to play, just useless
EPIC Fail!!
So new method, chart setup......
Envelope 30Ema 0.02%
Envelope 60EMA 0.03%
Entry Logic....
30 and 60 ranges going up, enter low 30 range or low 60 range and join the trend move.
Also, a break above the 30 could signal momo change, so enter on 30 taken out, if it takes out the 60's range PROFITS, if it's looking weak bail, SL other side of the 30 / 60.
Pretty good just off the 30 so 60 might go, but I like a fall back and covers more market conditions.
okay, today SLOW as SLOW, so not a great day to M5 Swing, but watching all day, there is like 2 trades to play, just useless
EPIC Fail!!So new method, chart setup......
Envelope 30Ema 0.02%
Envelope 60EMA 0.03%
Entry Logic....
30 and 60 ranges going up, enter low 30 range or low 60 range and join the trend move.
Also, a break above the 30 could signal momo change, so enter on 30 taken out, if it takes out the 60's range PROFITS, if it's looking weak bail, SL other side of the 30 / 60.
Pretty good just off the 30 so 60 might go, but I like a fall back and covers more market conditions.
Perfect entry and market ran 
+200 on dax in no time, risking 60.
YM perfect entry, went 40pts so far.
Those EMA reversal points, i found then lost interest in, setup on ipad as sma thought i see nothing, EMA and hey presto
No more Range, purely direction with wibble room, early days but promising.
+200 on dax in no time, risking 60.YM perfect entry, went 40pts so far.
Those EMA reversal points, i found then lost interest in, setup on ipad as sma thought i see nothing, EMA and hey presto
No more Range, purely direction with wibble room, early days but promising.
Bank holiday madness, rest of the world monday i guess
1 trade quick 130 on gbpusd, if for the time being, try to trade US30 later when open.
All looking promising, must revamp auto SL outside the 60s range.
Good job i spotted 30emas strength recently and revisited.
Missed a 2nd entry on gu long just i see.
1 trade quick 130 on gbpusd, if for the time being, try to trade US30 later when open.
All looking promising, must revamp auto SL outside the 60s range.
Good job i spotted 30emas strength recently and revisited.
Missed a 2nd entry on gu long just i see.