This was a BAD BAD BAD Trade, but I got away with it, 2 positions +$214 yes!! Up $70 odd on the day Still doing it wrong, it's FAST TODAY, making it very hard to think, it's. +11 more than I wussed out for, BALLS, that's a lot of $$$'s
Heinki Ashi is back, Too much noise without it, Live I can see the price pull backs to enter with, with the 5, so it's fine!! Back to tap and confirm aswell, I like I want to go long, GO! rather than just GO! Must avoid fast times!!!
I scratch around all day, trading chop and the move I'm setup to trade the 50pip from called entry trade, I totally miss!! Be +$1700 if I'd of held off my 10700 bounce level, nooooo!!
Lost the plot, stress over load, had to have a little sleep, late for a mate but hey!! If I was awake enough to jump on the DAX up move like I was supposed to then that's a lot pts The DAX's 10 envelope is the wrong size, FX fine, DAX need twice the size. Back on it, with hopefully more confidence in the 5 tomorrow +$71 living the dream LOL
Interesting first day with the new faster, get on it and ride it, predict even less method. HA came back, I missed it too much. Trying to trade off 1 set of settings for DAX and FX pairs was bad, DAX has twice the % range, so got to switch templates when I go between them on the pad which is a pain. ( PC is fine ) I was trading chop earlier, like it was all breakouts hence my 4 losers in a row doh!! 1. had a uptrend turned on me, okay trade bailed quick tight SL all fine 2. expected another down move, failed, okay trade 3. jumped on 5 uptrend and 30 upturn, could of kept going another 20, got as far as 6, tight SL, min loss, fine. 4. no follow through on the short, 5 followed through instead, it happens. 5. profit, jumped on the 5 long on a pull back, out +10 easy, 34 seconds, this is the dream. 6. dunno why I bought at 707 ( ahhh 10 range was wrong doh! ), doubled up at 700 within spec lower range ( new setting ), +$210 area shame I didn't hold to 850 for $3300 LOL Up $70 ish Still think this setup is my retirement plan 4 losers and 3 profitable positions and still got positive, jumped onto a real trend and rode it, like the plan and 1 move +$500 easy!
Focus is heavily on the 5 and jumping on existing momo, 10 range reduced to small dots, it works at times, but distracts from the 5's setups.
Right back infront of PC finally, the 120ema was in for a reason, where the 30ema is too fast, it's back, it's not a S/R line, it's a longs are permissable above dealio, a fall back for the 30 really. action is looking great, but I feel DOG ROUGH, my arms hurt to move, coming down with something, so might go back to bed, but want to get trading. You some money, get it back, quit for the day, you know the normal!
Can't quite accept, jumping on the 5, atleast I'm not trying to reverse against it these days, so bonus I swear, first trade they go for me, I place, it spikes then reverse 90% of the time, DAX -$66 buggering SOAB and it's going my way, can't spike out side of the 5 it's unheard of, typcial! 56 seconds to lose $66 that's efficent
Another loss, -$85 Argggghhhh!!! Getting ANNOYED!!! Give me 2 decisions and it seems I will always choose the wrong 1, it's looking like my odds are on KISS and just playing the 5's direction. By the power of small losses and bigger gains, I can get profitable with what I'm doing, BUT it's fecking annoying as shite, lose lose lose PROFIT back to near BE noooo!! Looking like a 15sma is going to be my 2nd on the trend, might have some longs above, shorts below rules, not done any testing yet. Bored, Frustrated, and I've started Sneezing as well as aching AWESOME!! 5 Ranges 0.03% for FX's, 0.05% for DAX. I jump on an existing 5 sma direction, i ride it out, I exit when the direction becomes no longer valid in strong markets, or just spike and stall exits. Lets go as simple as humanly possible!!
Okay, got to get my head around following the direction, jump on the direction at a sensible place and ride the direction, exiting with a profit, or taking a smaller loss than the profit. Want to perfect this simple madness setup to death, so 70%+ win rate.