Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Yeah 24 is key for future trading.
Last hour or so...
Downward Trend below 24, didn't go far, clustered turned up over 24, entry up, 2nd entry, up, 3rd entry stalled, fell back through, short entry worked didn't go far, clustered, back up, ran into top BB line, turned down, lower BB held, entry short went 70pts.
the 6 and 9 worked great for a follow through market like yesterday, but today introduced chop again, then as no way to tell if the future will trend or chop, it falls apart as too simple.
Last hour or so...
Downward Trend below 24, didn't go far, clustered turned up over 24, entry up, 2nd entry, up, 3rd entry stalled, fell back through, short entry worked didn't go far, clustered, back up, ran into top BB line, turned down, lower BB held, entry short went 70pts.
the 6 and 9 worked great for a follow through market like yesterday, but today introduced chop again, then as no way to tell if the future will trend or chop, it falls apart as too simple.
Nice method thus far, few sim live trades promising in deed!!!
The 24 was used profitably before in stronger markets, still valid in slower markets I see, 8 based better than 14 or whatever I was using before, works in more markets and the BB is giving me a understanding of Chop/Range FINALLY!!
Zero literally work booked/planned/expected next week, not intentionally, shit happening pushing me to full time, so more focus and work on solving this damn issue and printing $$$'s.
Down $400 on the week I think, nothing, 1 good trade, US30 is a beast, it'll make you rich or bankrupt you in no time, DAX feels slow and worthless these days.
The 24 was used profitably before in stronger markets, still valid in slower markets I see, 8 based better than 14 or whatever I was using before, works in more markets and the BB is giving me a understanding of Chop/Range FINALLY!!
Zero literally work booked/planned/expected next week, not intentionally, shit happening pushing me to full time, so more focus and work on solving this damn issue and printing $$$'s.
Down $400 on the week I think, nothing, 1 good trade, US30 is a beast, it'll make you rich or bankrupt you in no time, DAX feels slow and worthless these days.
Well, new Month, main Client definately gone, so far gone they won't answer emailed, asking how far gone they are, but paid my bills nicely for 11years 
Time to start getting boring, making smart trades only, getting on PC for 9:30 AM GMT and sitting here for many hours, scheming and planning my next move, not just reacting badly.
Method to use and only method to use, as it's all BS and brain being engaged can trade any setup, it's just a guide after all.
8sma
Envelope 8sma 0.03
24sma
Envelope 24sma 0.03.
Single Positions, SL's kept fairly tight <$120 risk 4% area and only where I feel I have a +$200 profit potential.
2 months till I'm Bingo on cash if I'm careful I'll add, no stress though
Time to start getting boring, making smart trades only, getting on PC for 9:30 AM GMT and sitting here for many hours, scheming and planning my next move, not just reacting badly.
Method to use and only method to use, as it's all BS and brain being engaged can trade any setup, it's just a guide after all.
8sma
Envelope 8sma 0.03
24sma
Envelope 24sma 0.03.
Single Positions, SL's kept fairly tight <$120 risk 4% area and only where I feel I have a +$200 profit potential.
2 months till I'm Bingo on cash if I'm careful I'll add, no stress though
Sim Traded all AM, not an issue, profits, profits profits.
Switch to Live, GAMBLER comes out ( not traded in a while ) and first trade -320 then a -200
Then Took at +150 and a +225.
Still negative, but acceptably, hopefully back to trading smart LOL
Method change, the final LOL
8sma + Envelope 8sma 0.04
18sma + Envelope 18sma 0.06
Should of held DAX short longer on this break down, all sins removed if so.
7 Weeks, before I ramp account upto 10K, am I ready LOL Fuck NO!!
Switch to Live, GAMBLER comes out ( not traded in a while ) and first trade -320 then a -200
Then Took at +150 and a +225.
Still negative, but acceptably, hopefully back to trading smart LOL
Method change, the final LOL
8sma + Envelope 8sma 0.04
18sma + Envelope 18sma 0.06
Should of held DAX short longer on this break down, all sins removed if so.
7 Weeks, before I ramp account upto 10K, am I ready LOL Fuck NO!!
+170 shorting YM missed the first entry just, wussed it.
Took the 2nd and bailed 1min too soon, another +$100 on the table arseee
Head back in the game, back positive and all good.
Keep your losses small and make more on the moves that go your way and thankfully if you keed plugging at it, restoring damage is possible
+$25 today FFS LOL
Took the 2nd and bailed 1min too soon, another +$100 on the table arseee
Head back in the game, back positive and all good.
Keep your losses small and make more on the moves that go your way and thankfully if you keed plugging at it, restoring damage is possible
+$25 today FFS LOL