Need somewhere to think out loud,

Working on logic and watching strategy day so far...

BB 16 1.8 and 3.0 work beyond great, but I lack any ability for risk control playing a range which moves, I can't tell when to bail, HOPE keeps me in and creates big drawn downs

So Directional Trades are what I should play and only so BB's gone!! :(

Settings for Plan ZZZZZZ!!! Running out of letter in the alphabet here!!

Envelope 4sma 0.02 I like
Envelope 16sma 0.03 and 0.06 and 16sma.
BB 16sma 2.2 ( 2nding the 16Envelope )

What do we know!!!

16sma direction, is strong and just right, not to fast not to slow.

I need tight stops otherwise I get so emotional baby ( whitney classic )

Need to simplify!!!

So 16 Flat ish play outter 0.06 or BB, outside range with BB need a cluster.

Directional wise, join from middle sma to 0.03 is fine

Walk, back later!!
 
DELETE DELETE DELETE lets just trade direction fool!!!

Env 5sma 0.02
Env 10sma 0.03, 10 direction to trade, 5 entries within that direction.
BB 10sma For Sideways market chop reversals.

Logic!!!

Go with the 10's direction, SL just outside of the 10 or the BB if close enough.

Faster moves, upward use the low 5 to enter.

Sideways play the BB range

Should lend for really good SL control!

I've put my code back in place, Envelope 10sma 0.05 not that close, but it'll move it with and it'll override what ever stupid shit I do :)
 
Not to bad, just less trades and less profitable trades!!

Blood Pressure sky high, need this sorted, take the stress off maybe book holiday next week Tenerife tempted ( any old excuse LOL )
 
New Method is the BABY!!!!

Yes, I've tried it before, with the BB and yes I got chopped to death, but some years ago possibly and hopefully I've improved, suspect it was a moving SL issue back then, which has came back but hey!!
 
Tested other days, not as good as today, but the addition of the BB 10 2.6 does save my ass a lot, also if the BB's are far apart then it's chop mode, nice and easy to see.

Direction back, Chop doesn't suite me, it's chop it'll come back, move SL, OMG accounts gone LOL

Stick to Direction fool!!
 
Method appears to work and work well, but.........

Trust is kinda thin, hard for me to take a trade via this, with a tight SL and trust it'll work, even though it's working constantly, guess I've got to work through this mental block.

Final hurdle, IF I can crack this I feel!!
 
Got out 10seconds before that 40pt run up +10, my Luck has returned, crystals in the butt for the win :)

+14pts so far, started badly trading method.
 
You must log in or register to reply here.
Back
Top