Liking the micro action, this pm, okay too slow to profit from and huge spready. Trade the small noise that happens all day long and stay away from the big stuff or atleast from getting in it's way and GOLDEN!!
Its accepted for tradng live, but I am after perfection, so expect change. Looking like it will work well, but can i trust and trade it near its potential live ? Find out today i guess.
Time to start focusing, so firstly I'm after a nice bit of trend to ride. DAX just want to 10 low's in uptrend, Long 53
Yes the 10 range and 30uptrend, which had been holding and bouncing it nicely for the last hour ish, just failed, turned to 5 based downtrend, it was a tad under the 30ema aswell, didn't think enough to worry. -$56 on that, should of bailed and flipped on 5 failing. although a loss, I LOVED the action I was typing and planning and didn't react in time. Looks like I'm onto something
Find 2 items with trend and watch till bored. DAX Downtrend, watch, take entries near 5 high, maybe not yet LOL GA flat, no EJ slight down, nah GU not bad, more 5 based today EU too slow DAX and GU have focus. GU strong 5 uptrend, might be worth joining, just over 30. DAX under 30, shorts only, wishing I'd of taken +12 here
Theory mode. DAX, 30 down, 10 down, top of 10 Env, might go live, 5 up, wussed shorting be +12 here, nooooo!! It worked This time, but it made 2x's the expected loss so far, which is what counts. GU also had a nice bounce off the 30ema. Getting a REALLY good feeling about this setup Time required to master and trust, this could be the baby FINALLY!!
Ofcourse, this time I do short the DAX near the top of 10 and 30 and guess what, SL hit -$50 in approx 2mins LOL 25% directional change chance on every pull back so far on todays chart and I'm 2 for 2 LOL Join long maybe, if I get the required entry. GU turning down.