Need somewhere to think out loud,
- Thread starter Turveyd
- Start date
Wasn't paying attention, the looked like a break down @10102 got back on mission and rocked for +25pts damn it 
Todays Trade Stat's busy day, I kept plowing on despite some ass kicking early on, was -$600 at 1 point, uggggg!!
Total Trades 35
Profitable Trades 15 42%
Losers 20 58%
Average Profit +$99 Total profits $1387
Average Loser -$66 Total Loses -$1324
That +$300 saved me obviously, might of been first trade of new method, not sure.
Added 20Lwma E 0.01% as a don't trade against, not fixed, but directional guide.
Todays Trade Stat's busy day, I kept plowing on despite some ass kicking early on, was -$600 at 1 point, uggggg!!
Total Trades 35
Profitable Trades 15 42%
Losers 20 58%
Average Profit +$99 Total profits $1387
Average Loser -$66 Total Loses -$1324
That +$300 saved me obviously, might of been first trade of new method, not sure.
Added 20Lwma E 0.01% as a don't trade against, not fixed, but directional guide.
DAX Test as didn't trade that much with new method ready for the am, although likely demo first few trades till warmed up, not that that worked today, demo profit profit, live SUCKed ass.
DAX reversed downtrend, 1 before went +30.
Entry Long 12167 SL 58, saw +10 likely briefly before going SL.
short 12167, went +25 then direction change fast
Long 12174 SL 65, exit 12210 + 36 nice stayed on trend finally.
Looks Valid, IF I can keep my wits about me!!
Defo valid and easy, can't find any slow chop days I suck at but the little bits look good.
DAX reversed downtrend, 1 before went +30.
Entry Long 12167 SL 58, saw +10 likely briefly before going SL.
short 12167, went +25 then direction change fast
Long 12174 SL 65, exit 12210 + 36 nice stayed on trend finally.
Looks Valid, IF I can keep my wits about me!!
Defo valid and easy, can't find any slow chop days I suck at but the little bits look good.
Method is cracked, the old tell tail sign is back..........
3 Clients on support calls all am, zero trades and a slut wants me running around after her, just when I want to focus on trading after 3months of pretty much peace and normality resumes
Missed some good $$$'s on DAX aswell
3 Clients on support calls all am, zero trades and a slut wants me running around after her, just when I want to focus on trading after 3months of pretty much peace and normality resumes
Missed some good $$$'s on DAX aswell
Method Tweak, it's still growing as I grow around it.
I was about to start jumping on Trend when it's chop again, method doesn't highlight this at all so fixing that.
Pretty much running off the going Middle 7 H and L with a SL underneath, so the outter lines don't have to follow so. Added a 0.02% Env either side to cover little spikes, SL buffer zone.
14 LWMA HL/2
Envelope 14LWMA High 0.04% And Low.
20 no longer required as can see range and direction of the bigger picture from the 14.
There I've got 3 trade setups to master.
1. Momo, join near low 7 with a tight SL when it's 14 has same direction is not flat.
2. Chop, Which is basically a Trend move ( Fake ) into / near the 14, which I keep getting losses by jumping on, I then need to make a decision to trade that chop so, brainstorm!!!
3. #2 but weak longer direction, so only chop with direction.
Looking like Chop entry is pretty much, risking it for a biscuit on slow down, or a move outside when it gets back inside, cause outside could be a trend move which stays outside, although it could go outside again, but odds reduced and breath!!
Better all round, plan forming, maybe!!
I was about to start jumping on Trend when it's chop again, method doesn't highlight this at all so fixing that.
Pretty much running off the going Middle 7 H and L with a SL underneath, so the outter lines don't have to follow so. Added a 0.02% Env either side to cover little spikes, SL buffer zone.
14 LWMA HL/2
Envelope 14LWMA High 0.04% And Low.
20 no longer required as can see range and direction of the bigger picture from the 14.
There I've got 3 trade setups to master.
1. Momo, join near low 7 with a tight SL when it's 14 has same direction is not flat.
2. Chop, Which is basically a Trend move ( Fake ) into / near the 14, which I keep getting losses by jumping on, I then need to make a decision to trade that chop so, brainstorm!!!
3. #2 but weak longer direction, so only chop with direction.
Looking like Chop entry is pretty much, risking it for a biscuit on slow down, or a move outside when it gets back inside, cause outside could be a trend move which stays outside, although it could go outside again, but odds reduced and breath!!
Better all round, plan forming, maybe!!
Back to Demo, not feeling like putting $$$$'s in harms way today.
NQ had a bounce off lower 14 +12pts, breeze up so couldn't really take the high.
Currently, NQ punched to new low, 14 looks downtrend, price pulling up for a 7H short entry maybe ??
Demo short 19295, Right 100% call, saw 75 out +$160 that'll do for risking $50 + Slippage call it $70.
NQ had a bounce off lower 14 +12pts, breeze up so couldn't really take the high.
Currently, NQ punched to new low, 14 looks downtrend, price pulling up for a 7H short entry maybe ??
Demo short 19295, Right 100% call, saw 75 out +$160 that'll do for risking $50 + Slippage call it $70.
-$100 Demo, only 5 trades.
Still going Trend joining the 7 long when it's on the way to the low 14, SL under the 7 going badly obviously and the 1 larger SL under the 14 went badly for twice the loss ( trading last 30mins as Demo, banned as too random I'll add )
It's fairly simple, my brain just switches off when I push buttons.
Lower range 14 tested, sideways, back in the 7 so long and target upper 14 and worth +12 area, simple. Top rejection so 14 is in control expect back to low.
More Demo Days till I'm doing it right and it's second nature.
Thinking 7 is Bogus and trapping me to much, trying without.
Looks better without I think.
Change 14 to a 12 and add the 12 H and L +0.01%. Directional moved you can enter from 12's HL/2 down to the L+0.01% with a SL under there quite effectively.
1 way to stop the 7 killing me, kill it
Still going Trend joining the 7 long when it's on the way to the low 14, SL under the 7 going badly obviously and the 1 larger SL under the 14 went badly for twice the loss ( trading last 30mins as Demo, banned as too random I'll add )
It's fairly simple, my brain just switches off when I push buttons.
Lower range 14 tested, sideways, back in the 7 so long and target upper 14 and worth +12 area, simple. Top rejection so 14 is in control expect back to low.
More Demo Days till I'm doing it right and it's second nature.
Thinking 7 is Bogus and trapping me to much, trying without.
Looks better without I think.
Change 14 to a 12 and add the 12 H and L +0.01%. Directional moved you can enter from 12's HL/2 down to the L+0.01% with a SL under there quite effectively.
1 way to stop the 7 killing me, kill it
Been here before, I'm going to get drifter, market is at the lower 12, it's drifing down, but so is the line with the market, so it's at the bottom, move SL, move SL move SL, huge 200pt loss as it kept drifting with it.
Need to keep SL's in order, accept a lot of small losers in the sake for some big winners relatively.
As always spikes generally reverse but slow and steady drifts.
Well if Line going down, then it's downtrend and can't be long at the bottom or hold a long at the bottom, so SL to new low or just outside and be done with it, perfection isn't possible.
Think start of this Thread, I was trading well making loads, then digging in very similar method and drifts and averaging down hoping for a pop against trend to get me out BE, was what caused my down fall.
Bike Ride, try this tomorrow!!!
Need to keep SL's in order, accept a lot of small losers in the sake for some big winners relatively.
As always spikes generally reverse but slow and steady drifts.
Well if Line going down, then it's downtrend and can't be long at the bottom or hold a long at the bottom, so SL to new low or just outside and be done with it, perfection isn't possible.
Think start of this Thread, I was trading well making loads, then digging in very similar method and drifts and averaging down hoping for a pop against trend to get me out BE, was what caused my down fall.
Bike Ride, try this tomorrow!!!