Different conditions require different method, method is dialled in already, what works ohhh this 1 go......... Will i ever find something i can trust, long term.
Keeping it simple.... Using the 100 as direction If above 100 then take a trade near low of 8 envelope, if price is just noise and not on a mission. If on mission switch to HA rules. Exit otherside of HA unless on a mission. If the 8 has a strong direction, then jump on that, regardless of 100,but rare it happens counter to the 100. Need to get on PC and back test this, under conditions previous method worked in. Sure wish i could run 5 sl, 10 ft tight a while ago, feels huge as back to normal speed. Work on oil? Yes and gold which are both like DAX was, nice sign. Please Matrix, let this be the 1 and may my setting be set to easy sim life, i fear they have crept back up to bastard hard again.
US open, guess nothing handles that well, 14:45 gmt trend start on time I see. 2mins, quick does this work. I think there is still something valid in the 16 0.1% range, secondary to the 8, market just reversed off it's low put it that way. Just not the 16sma, purely cause although great I don't like trading off middle lines, I like exploiting a range, which the 8's range replaces nicely. 16's only really valid in chop or slow trending markets, if it's going down then the only the top is valid and vice versa. Happier!!! Same, previously tested, but modified useage basically.
Forgot to hit send on that, but back many hours on and looking at again and on phone inbetween. Back to the 17th, settings 11sma base and nothing else 17th with nice strong market action, looks super easy!! Yeah looking, good, everything else works for a while then SUCKS hard. Engage brain, if 11 making it's way higher, get on, on a pull back, if sideways play the range. Times are important, times I'm around market is sideways, so trading trend is going to fail, adapt dumb ass. What I'm doing on the devices is turning, if say 11 is going up, I'm turning the top Envelope to Black ( need to find for MT4 ) TIRED, might be coming down with a cold, arrggghhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!!
The 100 is still working so keeping that!! The simplistic method, is looking good, but a trend day so kinda cheating. work sadly
Liking 60ema along with my 11 setup, 11 above take longs styleeeeee. Called the turn down just nicely, not trading today, just studying sadly.
60ema and 120ema are scoring off the wall, directional cross wise and S/R wise, looks to be a winner Down $300 area this week, 5% so nothing really, most of that being SL hits on spikes and really poor slippage, start managing the losses well and slippage becomes an issue, always another variable. Current method, is meeting the critera finally I might be happy with being ..... 1. Many trades so I don't get totally bored watching paint dry. 2. On Trend so I don't get too many losers 3. Manageable with tight SL's. 4. Fast enough reliable enough acting trend as not to be lagged too much or little. 5. Simple enough to trade 1/2 asleep and casually. 6. Works on oil and gold for slow Dax days. 7. Win rate should be 80%+ 8. Should capture big runners frequently ( when to hold, well it'll be luck if I hold long enough ) 9. Simple enough to be long term sustainable. 10. Works in a range of market conditions / speeds ( my main issue, I haven't been able to crack ) Unless all the above boxes where ticked, there was no real point mastering the method, 100% or nothing, patience is key. Lets see what the next issue to raise it's head will be LOL
Better F12 test Friday ( can't remember anything about it, don't worry ) 8:42 on show for the random time I'm starting about when I wake up. Big up move, pulled back to lower 11 long 9555, exit 9995 +40 easy as. Got to worry about 9600 holding, so yeah! SL blip over, need balls to short that though,. would of never of trusted that to continue, got to get that out of my head, trust the direction Got bored, fast checked the rest, no issues with method!!