Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
blown through the 100 barrier, feel myself starting to get gambly, must walk away before I give it all back Screen shot of method, arrows indicator entry areas ( not where I entered )
Basically, 10sma's direction ( 0.02 Width for wibble room ), then it's just playing the 5's direction / ranges with that, averaging in with a SL tracking ( Auto ) outside of the range.
Also trading off clusters, markets not put in a new bottom for a few mins, above the lower envelope which is going flat to get reversals.
Patience to wait for near outter range then for it to show strength before jumping in, not after best price is key, always a better price when you do that.
Basically, 10sma's direction ( 0.02 Width for wibble room ), then it's just playing the 5's direction / ranges with that, averaging in with a SL tracking ( Auto ) outside of the range.
Also trading off clusters, markets not put in a new bottom for a few mins, above the lower envelope which is going flat to get reversals.
Patience to wait for near outter range then for it to show strength before jumping in, not after best price is key, always a better price when you do that.
Staying 1/10th size for a while, despite account nearly double, make sure head still switched on and trading smart, then double up, master that then double again next week.
first trade was a loser ofcourse -12pts in 90seconds LOL
3am still buzzing, shame not full size be having a party, but most pts taken in a day I think ever, progress!!
first trade was a loser ofcourse -12pts in 90seconds LOL
3am still buzzing, shame not full size be having a party, but most pts taken in a day I think ever, progress!!
Crazy Crazy day, stronger and crazier than yesterday, beyond what system can handle NQ wise for most of the day, erratic SL hitting spikes, 100pt moves, DAX better but not much.
risked 1 trade for +18pts in 5mins and called it a day.
Spotted others, but busy day, need peace to sit and focus on the job.
risked 1 trade for +18pts in 5mins and called it a day.
Spotted others, but busy day, need peace to sit and focus on the job.
Slow day method not ideal.
The Envelope 10sma 0.04 and 0.08 better direction and range.
Then back to 5sma and Envelope 5 0.04.
2 methods = auto sl doomed unless, fund 2nd mt4 account from the spare cash, 1 account has 5 rules, other 10 rules. Or just trade of PC and set to fixed 10 and move myself.
The Envelope 10sma 0.04 and 0.08 better direction and range.
Then back to 5sma and Envelope 5 0.04.
2 methods = auto sl doomed unless, fund 2nd mt4 account from the spare cash, 1 account has 5 rules, other 10 rules. Or just trade of PC and set to fixed 10 and move myself.