Tweaking method for how I want to trade these days.
Envelope 10sma 0.08% over all direction and range, to trade with
6sma + Env 6sma 0.04% main trading channel.
Rules.........
If 10 is pretty flat then ignore 6's and play chop range.
if 10 is up and 6 up, then look to enter long in the low of 6's channel.
I've put the AutoSL back on which will track at 10sma 0.09% just outside my 10's range.
Likely move SL up tight and under the 6's range most of the time, but atleast I can trade 10's range setup that way.
Reason for change, I was getting to random and getting chopped yesterday, need a more defined entry and exit plan, also losses where to high on some trades, why need simpler exit logic.
Sooner or later it'll blow account and as I've got to trade this till dead, kinda means I need more professional objective setups.
Envelope 10sma 0.08% over all direction and range, to trade with
6sma + Env 6sma 0.04% main trading channel.
Rules.........
If 10 is pretty flat then ignore 6's and play chop range.
if 10 is up and 6 up, then look to enter long in the low of 6's channel.
I've put the AutoSL back on which will track at 10sma 0.09% just outside my 10's range.
Likely move SL up tight and under the 6's range most of the time, but atleast I can trade 10's range setup that way.
Reason for change, I was getting to random and getting chopped yesterday, need a more defined entry and exit plan, also losses where to high on some trades, why need simpler exit logic.
Sooner or later it'll blow account and as I've got to trade this till dead, kinda means I need more professional objective setups.
