Need somewhere to think out loud,

[Turveyd]

If you will look at FGBL from your SMA envelope based method POV, consider not only time based, but also volume or tick based chart. You will see how relaxing daytrading can be after FDAX insanity
And also how pretty is real exchange traded future compared to artifical CFD. Like squeezed juice VS packeted.

Cant see FGBP presume your on about UKs ftse100? Too slow and range to spread cost ratio not great.

Thanks anyway Cyprus for a week but plan to trade 9pm to 11pm here, USA close via NQ.

 

[kaizer]

FGBL is Euro Bund future https://www.eurexchange.com/exchange-en/products/int/fix/government-bonds/Euro-Bund-Futures-137298

IMHO it's better than FTSE future for daytraders but it depends of trading plan. However FTSE future is still much, much smoother than FDAX.

The trading instrument(s) is the part of trading plan. If your plan does not use some of unique features related to FDAX you can pay attention to Euro Bund. Just my personal opinion (derived from real trading both dax and bund), nothing more.

 

[Turveyd]

FGBL is Euro Bund future https://www.eurexchange.com/exchange-en/products/int/fix/government-bonds/Euro-Bund-Futures-137298

IMHO it's better than FTSE future for daytraders but it depends of trading plan. However FTSE future is still much, much smoother than FDAX.

The trading instrument(s) is the part of trading plan. If your plan does not use some of unique features related to FDAX you can pay attention to Euro Bund. Just my personal opinion (derived from real trading both dax and bund), nothing more.

Ukgbz9 bond possibly? Got some good momo I'll watch it on ipad tomorrow.

Dax and NQ both about right, i gave up on TM / us30 crazy pt moves = suicide.

Back to beach and totty spotting

 

[Turveyd]

On holiday taking a lazy day and trading and working on method obvs...

Envelope 6 0.03, 11 0.05 and 18 0.07

What do i do wrong on losing streaks and what do i do right on winning streaks?

Simple answer Patience.

Market heads down, i try to reserse mid move fear of missing trade cause I’m trying to hard to make $$$$$s.

So 2 things.

Wait for a stall or a few mins of support.
Only place trades near outter envelope ranges, less cost higher profit.

Accept im likely to only catch 30% of setups stop trying for all just kills me.

8km beach walk looking for boobies soon then bus back.

Had a dark haired bird at the bar eying me up me her to, mrs spotted her might see if shes around

 

[Laissez Faire]

2/ FESX is very smooth, more volume than ES and trades slower and more smooth, but look at daily trading range. Look and think whether you can get peace of this cake. Consider trade costs (not comms) – spread for entry and spread for exit – 2 ticks. Look again at daily range and compute.

3/ FGBL is good compromise. Intraday swings are tens of ticks. 10 ticks per day as goal is very reasonable goal and you can turnover up to 300 contracts without slippage – this is 30K euro (your perspective). For the start the risk should be minimized so 1 car per lot and look – 5+- tick stop is for scalping, 10+- stop for intraday swinging is more than enough. This is 50 or 100 euro risk AND no CDF needed, you can trade the real market

I tried to explain all of this in English which is not my native as you of course see… J

So look at FGBL, seriously.

Interesting comments, kaizer. Thanks.

As an European day trading the ES, I'd be interested in adding a European contract to my portfolio as well. Will be taking a closer look into these two. I've considered the DAX also, but it does seem a little wild and I suppose it have the potential of some slippage as well.

EDIT: Which broker do you use - by the way? I think my brokerage (Dorman/Ninja) offers Eurex.

 

[Turveyd]

Interesting comments, kaizer. Thanks.

As an European day trading the ES, I'd be interested in adding a European contract to my portfolio as well. Will be taking a closer look into these two. I've considered the DAX also, but it does seem a little wild and I suppose it have the potential of some slippage as well.

EDIT: Which broker do you use - by the way? I think my brokerage (Dorman/Ninja) offers Eurex.

DAX is good 8am gmt till 4:30pm gmt, NQ good 2:30pm till 9pm.

Dax and NQ very similar aswell.

 

[kaizer]

I use dorman/ninja too. Comission is fair if you are on the lifetime licence. CQG is datafeed. FGBL is overlooked contract by many retail traders and I think it remains to be If you want to discuss this deeper let me know because this journal is Turveyd's and it will be offtopic here.

 

[Turveyd]

Method logic check operation teach patience to a buffoon!

8am gmt gmt cluster support play long
Up move stalled high 24, join up low 6s.
Cluster top called
Sells back to low 24 cluster long ( live traded +13 i was watching )

Currently 6 sideways noise into uk open

More patience and not jumping in half cocked mid move unless joining move.

Need to engrave this and stop slipping out of this, as soon as i put pressure to make money I'm doomed cause i i try to hard.

 

[Laissez Faire]

FGBL is overlooked contract by many retail traders and I think it remains to be If you want to discuss this deeper let me know because this journal is Turveyd's and it will be offtopic here.

Absolutely. I've been meaning to do some more research on 'what to trade in Europe' for a while now - either just digging up old threads here or starting a new one. Feel free to reach out to me in private or start a new thread on the boards if you feel it's worth a discussion.

I've been aware of the FGBL for a while. Other European indices seems of interest also.

Actually, I've been considering adding an Asian market as well (HSI for example), but it might be better for my sleeping patterns to go with Europe for now.

 

[Turveyd]

Returning from holiday slowly, loads of nice asses very few nice boobs mind

New FB to meet soon, she's seen me and wants but not seen het, so fun.

Method decided hopefully stick to this

9sma
Env 9sma 0.04

Env 18sma 0.07

Got to tweak trades and times i trade less end of trend times.

More patience.