Perfect action here, tested the highs of the 6, then turned down, just at new lows here, 1.9600 target, then calling it a day +$100 here, tempting as day so BAD!!
GA's too expensive Comms and Spread wise, great trender when it wants to be, but $120 of my losses today are Comms and Spready, nasty as. Why I like DAX 1/4 of the costs, 1 pip spread, no Comms. GA's developing downward momo, trying to be patient but yes!! TP set 23.3, for 10pips, need another 6 low test to get me out, if my luck holds out Yes out +$72. Atleast I'm out -$200 on the day, yeah me, watch it trend down as planned!
Think I'm calling it a Day................... Trades summary......... 1. DAX Trade, noticed trend change after, bailed small loss, 8/10 2. GA, Good Entry, crapped out by software glitch seriously, 10/10 on the trade though. 3. GA, Caught a trend change, didn't get out in time, bad entry price, 4/10 4. GA, Okay entry, okay setup, with the downtrend, missed news spike SL hit me, 7/10 5. GA, nice entry on seeing the spike was just that, HOPED for a huge swing down, should of took +$120, profit atleast, all fine. no.2 would of got me to BE on the day, if not for a Glitch Methods summary.......... None of the losses, where the fault of the method, it's not Physic , it should be Despite bad random chance, I'm going to say Perfection is NEAR!! Could argue that the 12 is not required, simplifying even more, might be where this is going, not sure if I can KITSS ( That ) Trades 1 and 3 wouldn't of happened, without the 12. Thinking on this for a bit!!!
12 Envelope, Kill or Keep ??? GA Today, works at times a treat, costs me at other times EJ leans towards useless DAX, better without! 12's gone, it's only approved use was range and I was using it as a trend range doh!! I can manually see range better anyway, maybe. Tighter SL's this way, no room for spikes, but spikes get me anyways. Really, can't get any easier!! Run the SL tight enough not to care, I'm wrong, it's nothing, I'm right I got 10 - 30 pips. Understanding, when trend is likely to change and bailing is also key!
That was a long seriously NUTS bike ride, Feckin Fecked I can tell you. Trying to remember, how / what I was doing 2 weeks back, when I made $650 in 2hours easy, then $300 next day doing the same. Pretty sure I was just joining the 6 same rules as today and taking the chance on reversals from my clusters, which is all that is left on the table, which is fine. Trading after 5pm today, had some great Cluster and reverse and track up the 6 perfectly moves, worth, 25, 15, 50. Got to get back over, mental block of joining the MoMo. EJ looks pretty good and DAX, EU and GU weak ass day. So basically............ I've TESTED every setup I can think of Live, everything else works by coincidence / not enough of the time. Only thing that is left if the 6sma Range, which thankfully is a class tool And 120ema, which is a damn good Longer trend study. And Cluster / Reverse ofcourse. Heiken Ashi works aswell. Random day in October, GA works fine, September fine, July weak 1st day, fine 2nd, This is ALL I have to work with, lets get it done!! Looks like it's a Lifer if nothing else Mission Accomplished Next mission Honda NSX ( not the old 1's, loved them at the time, had the Prelude which looks like it with the pop up lights, 4wheel steer, but look fugly these days, 7.4s to 60 SLOW and 32K GBP for a 2nd hand 1, nutso )
GA had a really nice move, performed great with the 6 rules, loads of places to enter. GU aswell, 6 turned up, not as many pips but lovely reversal. Momentum, doesn't stop and start that quick. 2am eccckksss, got to work ass off tomorrow, will watch and try a few trades no doubt. Working Friday, would like to get back to profitable, think -$320 on the week so 1 normal up day really. Need Progress and SOON!!
Slow day since i have been awake, not long, death by mtb. Added a 60ema to keep my self on the right side of longer term momo. Got a computer system to role out tomorrow, i have barely started, so better focus on that i guess.
Also, risk to reward after comms , spread makes noise sadly not worth it. There is improved chance slow markets, trading with the 60/120 that momo builds and you get a good move. Markets having 20+ pip swings then trade the 6's direction and milk it, ignore 120/60. Always another issue
Toyed with idea of trading gold, nice moves, look great most are barely covering the spread, same with YM tad better. DAX is still my best bet, due to 1 pt spread. GA is scalpable, despite the high comms. Avoid slow. EJ is mixed, generally got to hold longer. GU and EU, despite cheaper, there more longer term trend plays. EU and GU tie up my account, not really my aim, or what im trading for. Usdjpy looks good, till you work out the pips, that big swing was worth $70 useless. Gbpjpy looks good, GA like, slightly lower spread, looks profitable Looking like, Im going to trade GA, GJ, GU and DAX, become a G expert.