Grumble Grumble Grumble, nice spike Long to enter on, +$160 area, hit the SL line wouldn't give me close option, kept hitting, realised wrong line, too late, started the turn, should of bailed, hit SL -$54 NOOOOOOOOOOOOOOOO!! 2nd Trade would of course be up huge here, well $300+
GA long got to +$80 area, will it break up ?? started heading DOWN bailed +$10 Spike down would of hit SL, guess that was news Yep news, don't trade in a few weeks and back to amatuer hour, be +$110 area here!!
Can't get a break, or trading poorly you choose, yep poorly -$108 on a DAX Trade, just HIT SL at top of range, stupid, longer Downtrend didn't kick in on time, bastarding thing!! But DAX re entered short, cost me 1pt +$217 finally a trade worthy of my awesomeness / time!! Back to +$75 on the day, yeah me!! First day back blues, not quit doing it right, but well enough!
-$108, Doing it WRONG TODAY Taking a trade correctly, downtrend so high of the 5, 5's starting to turn, rather than going yeah okay 5's turning should be long, take the +3 or whatever BS and flip sides I'm trusting the 21/42/63 and holding too long, giving back 10 instead. 21/42/63 is good for slower longer moves, but 5 trumps all. -$33 on the day, not an issue. GA Long soon maybe!!
Took the GA long 1.9882 area, tad late few pips lower would of helped but hey. 5's turned back up, gaining strength good odds on a push to 1.9700 area. DAX loads of pull backs to the low 5 in the up move, that's what I've got to get back to Not enough FOCUS today!!
EJ long 134.053 looking rough, didn't figure it would drop so low 134.00 is KEY!!! Hoping it was a pull back in a new uptrend, but yeah guess NOT Leaving it on Prev low's to 90 area, might get a cheaper exit, looking ROUGH as though. GJ supporting for a move higher, got J in common so ??
That was supremely STUPID -$192, NO SL, against the 5's direction, waiting for a turn and guess what, as expected there be no turn. EJ's a bitch for long enough chop for a cheaper exit. -$166 on the day, this I CARE about Consider today a learning day, stop here, getting tired and stupid, try again tomorrow kids and time permitting. doh!!!
Slowing the 21/42/63 down to 33/66/99 looks better. No trades, strategy time, I have forgotten the basics of the plan which i will restate.... When the 5 backed up by atleast 1 other of the emas have maching direction and good momo then i look to enter on weakness with that direction, I am back to trying to time market turns rather than jump on moves. Lost the ability to focus on the mid move area to see the tiny entries I should be taking. Also holding for to much sold be playing it safer and taking thy profits sooner rather than going for more. Way to much HOPE LOL.
Simplifying..... Back to 21ema and only the 5 only, the 5 is changed to Open aswell so it won't change colour mid bar. Trade 5's range with the matching 5 and 21s direction, KISS If 5 turns and price drops below the high of the low envelope then game over, look for exit.