Need somewhere to think out loud,

volpri said:
Grab them profits! Dove in the hand worth 20 in the bush. Can always enter again and often at a better position than prev exit where you grabbed your profit.
More...

It's the it looks like it's about to break out, come on come on come on, no time to exit and it drops 10pts before I can click close, nooooo, then I get emotional and hold it up and down till it goes to SL sooner or later.

When I'm switched on I do it well, but it's was HOT and Humid and brain not functioning.

Method's still no quite perfect, which annoying me to, but it's Close, very very very close.

Yes perfectionist, in some vague ways!!!
 
Improvement.........

The 12sma High and Low are good, but too close need to add a 0.05% to there range.

So Delete the 12sma's H and L and replace with envelope 12sma High and Low 0.05% 1 color set to None ofcourse or Black if not available.

Less Fake Direction changes to for me to jump onto, questioning the 5's the 12 is so good know :(
 
5 is changing to a 4sma H and L + Envelope 0.02%.

Auto SL cost me earlier, that SL hit, it had just moved it up 2pts, without that I'd of been lucky for once and rocked +100pts, so $2000 I as had 2 positions being naughty as always. ( nice BMW 3 Series 2.0D Auto 2005 put it that way damn it ), changed to fixed 8pts then move myself.



Need to slow it down and speed it up LOL Smooth out the chop but highlight the direction, driving me crazy, think I'm near perfection, lets see how I trade this tommorow.
 
12 is too slow, 8 is testing better with E + 0.05% still and 4 + 0.03%.

Join near 8's Low, when the 4 going flat or still going up along.

Back to Tight SL's without breaking.

Looking better. NQ short called 8912 +6pts here, testing low 8 +0.05%

They work together nicely, rather than fighting each other, hmmmmmm!! the fighting confuses me or makes me take stupid trades..



PROGRESSing again I feel, yes not happy until I'm making +$1000 per day with very little draw down.
 
See 8 Envelope 0.09% is barely any difference to my H and L +0.06% but helps at times, never more then 1pt under or 2pts over.

Much simpler rules, tight range, tight SL's, give it a bash tomorrow, hope for less swings, more small profit, small loss, repeat a few times then big profit.
 
FAIL SAFE FAIL SAFE FAIL SAFE!! that's the moto I need, so when I fail, I fail with account intact that's P1.

Uptrend on NQ, could of joined ( Pt spread to high but in theory, 8sma turned up, 4 up, join up SL Safe just under the 4sma Low +0.03%, damn it moving well.

That's the kinda micro detail I need to be looking at to enter, detail needs to get smaller and smaller, trading off big moves = Traps.

SLEEP!!!
 
2:20am and still working the problem, to get ready for the next day!!

I pretty much called the down move NQ 9887 to 67 so +18 without the spread.

Looking like all Trades with be 4sma based.

Currently, 4 is up 4H starting to flatten as no new highs recently so short near tight SL just over, 4L still climbing. 8's turned up so entry near 4L Long would be the call, but as market turned of the 8H, which means likely to be chop and head to the 8L which it just did while typing.

Back testing that above and see how often that calls chop....

Yes tests well, quick 5mins so not extensive but it if rejects top or bottom expect to go to the other side so don't join the 4 trend.

And again, new low 8's turned down, looking like a join short near the 4H to me, lets see if right, and if we get a tight enough entry, to fail safe!!

4L Flat, so worth a long as SL 4 at normal Spread size, be +4 here, so 1:1+

4H is flat, 8 down Take +4 and flip short called and working.

Short 89, SL 73 ( 74 tonight ) and lets see if the 8 calls it.

I don't want to hold out for the 8's range to hold, cause when it doesn't I screw it up, with ever increasing SL, keep the loss <5pts and I can lose 5 times and get it back in 1 trade.

SL hit, so +4 then -4 , 83, makes the 73 SL look pretty sweet, saved $100 area.

Unfortunately I flipped to 8's direction +15 on 1st position.

Uptrend potention as 8H broken and extending.

Had a 9879 Long entry, SL tracking up under 4SL at 76, 4H flat no new highs so pausing for too long :( will 8sma kick it ?? Yes Trend continues 86 +7, SL upto 78

Hit +9 then back testing 4L currently looking to turn down most likely.

As my method is know, 4sma H and L + X% based, this is only going to work with a tight SL, so Auto SL back in and Tracking, also Set the Limit to +10pts ( I can move further away, but +10 for a -4 Risk all day ) , SL Min 4 Max 6 going TIGHT!!!

4L Long entry on DAX just, netted +20 ( spread 6 no chance ) enter 16 went +10.

Full on micro manage / Scalp it is then.

Back to Demo in the am, prove the concept before switching back live I guess.

I want my new car, Vectra making aweful noises early, then I raced some boy racer with a sport exhaust who wanted to get past and she did well ( 150bhp diesel turbo )

DAX If I'd of held to SL hit Auto SL got me out 17 +16 area normally, option I guess.

At times, might be better walking away and letting Auto SL do the exit might get more pts.

Drop to 8L DAX, entry short 12219 +8 already, +10 might just of filled, 4's went flat, became a 4L buy and +12 and running here.

NQ Same, dropped, flat, played 8's range Long 9880 +18 here,well +10 Limit too fast to move away, errrr arggghhhhh, kill ???

Sleep, can I function like this on Demo Live ?? Can I function Live Live ?? How long Scalping and Micro Managing before I go NUTS ??

Or was that Limitless Drug actually Scar Face this is all nuts and I'm about to blow 3Billion, hang on I think I have 3 billion, hmmmm it's scare face isn't it, damn it :(

Still running, could of made 200bucks on NQ, walking away SL at +$120

Entry with after the event @96, +8 SL at BE already.

If not on the Scar Face then looking good ( Billions Reference from this week, funny stuff nearly blew 3Bil due to a drug that makes you think your a genius because it lowers you IQ to 80 LOL )
 
3 am Max Scalp Plan looks to be holding water still in the just about morning.

Not seeing many losers, must be still under the affect of the Limitless.
 
First trade -$60, did get to +$50, spotted down move, but eating breakfast

Flipping the +$60, got me +$250 already.

Leavng the SL Auto to do the exit that's be sitting at 81 +15 here.

Conclusion the 8 outter range is just going to get me in trouble, simplify

Just a Envelope 8sma hl/2 0.01% as a backup direction filter.

Dlong 12272
 
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