Need somewhere to think out loud,

Discussion in 'Journals' started by Turveyd, Jul 29, 2014.

  1. Turveyd

    Turveyd

    Trading like a tool missed the entry at the low, played the to fame twice - 130 - 160 doh!
     
    #1581     Jul 7, 2015
  2. Turveyd

    Turveyd

    Pulled back 165 near enough BE on the day, not the dream but stable and getting back into it.

    Sold Dax at 86 98 here, hold longer than normal.


    Stop fighting the trend and in golden.

    Trend changed preferring 60sma and 30sma.
     
    #1582     Jul 7, 2015
  3. Turveyd

    Turveyd

    45sma 1 high, 1 low looks pretty good.

    Too picky toppy, costing me, factor out those and be huge up day :(
     
    #1583     Jul 7, 2015
  4. Turveyd

    Turveyd

    Quick +154, dax long on the 00 bounce, should of flipped it short for more.

    Brain is coming back, some patience.

    I need to stick to timing turns with SL at new lows, ita what im good at, then progress to joining that old issue still.

    Henki Ashi is back aswell lol
     
    #1584     Jul 8, 2015
  5. Turveyd

    Turveyd

    Small loss - 55 on ej she turned up on me.


    10envelope speeded upto 9
    5 smas to 6
    45 removed.
     
    #1585     Jul 8, 2015
  6. Turveyd

    Turveyd

    Trading Badly, only -$200 on the day area, but still not the plan / idea of trading.

    Breaking my own rules in short, DAX was down I went long on a fake up move doh!!

    Bitch is I SL'd out at the bottom, just as it turned up, doh!!

    9 trades, 7 losers, only 1 loser went large -$210, the 2 profits did well thankfully.
     
    #1586     Jul 8, 2015
  7. Turveyd

    Turveyd

    Okay I think / suspect I'm failing to enter with the trend cause...........

    1. SL seems to far out / risky, so rather than entering with, I'm waiting for a reversal.
    2. Actually that's the issue.

    Plan,

    Go faster and tighter!! :)

    Looking at a 7sma based range, 0.07% range for DAX 0.04% for FX.

    Basically entry should be near the 5 High SMA in a down move, SL should trail just outside of the range.

    Dumping the 5sma to confusing with the 7 being so close.

    Adding the 7's Mid point

    Same old mental black to get over / work around.

    Market is going down, has a pull up, I fear that'll KEEP going up so don't take the short and miss it.

    School run :(
     
    #1587     Jul 8, 2015
  8. Turveyd

    Turveyd

    GA short pulled back 100 :) stuck to the plan aswell :) .
     
    #1588     Jul 8, 2015
  9. Turveyd

    Turveyd

    Current simple method looks good, no live trades sadly, work stress I really should of quit!

    Trading issues are......

    1. Entries are alway a tough fast you blink and its gone gamble.

    So with the direction of the 42sma when the 7 is same way or tad vague still, ie not on a mission against then need to just risk it, SL of side of range as outside will likely man a turn.

    2. Tablet chewed 1gb of data of my phones tether in no time. Set to not install updates, 100mb to last 5 days :( ipad won't work as only data if phone in the window :(

    My software used to use nothing guess that's changed.
     
    #1589     Jul 9, 2015
  10. Turveyd

    Turveyd

    Added 2gb data per month to phone.

    Switch to ipad see if it uses less data i guess.
     
    #1590     Jul 9, 2015