Getting into playing my setups, yes I think, this is stupid, then I trade it, then I make $$'s so it's all good. Going to a 20SL auto, which I won't change, other than to reduce, this is MAX risk, ofcourse if market turns then I'm looking for a exit before this at a lower cost/loss. Haven't got time to adapt, to a tight SL in a ever changing market condition, last 1 to hit, cost me $50 when I could of closed for +$100 area, 5mins later. Basically got to grow and pair and accept more risk, but let more profit run to compensate the risk. All good fun, constant evolving of how to master a damn market!
EA short, it's fighting me, 42's down, but just reversed up off the 20sma perfectly, arrgghhhh decisions based on guessing is always a pain. To exit and save some, or hold and try to make. 42 is turning up, and my Ipad has lost the plot, great!! Tried to exit, couldn't arrgghhh!!, looking like ###AUD strenght is picking up!
OUCHHHHH!!!! That just cost me $200 putting me at -$20 on the day, NASTY little turn. Turns happen, down side of a bigger SL less hits, but bigger hits! Never had a good out, when I had the Ipad back working again, fecking useless Wifi!
up $60 back positive, GA doesn't get a lot of bang for it's buck does it, $3.50 per pip here, $4.90 on EA, single position. Shame I caught a turn, annoyingly it sold back to profit just before turning up again LOL Damn shitty Wifi router that randomly stops talking to my ipad, despite being 3ft away. 3G's fine, but the lag is higher!
Another +$70, method is fine Regretting the 50:1 margin level, it's not making enough $$$'s with 2 positions, good entry = a pay cut, tricky!! Bad entry ofcourse ='s lower profit or more loss with 1. Slowing building is better than losing fast I guess!
12 trades, 8 profitable i think it was, +$90, watched some TV, went for a walk and shattered, didnt really spend that long trading really, 2 hours tops, too damn stressful still. But not traded in a few days really, straight back on it, trading with the flow, holding longer. 5 years more tops before i crack this. Still -35 on the week, sad really
Up $40 so far, 4 trades, none have moved large ofcourse, 1 loser. Style / method is changing. Finding the 42s direction less and less useful, going without this. Adding a 4sma to try to call short term momentum better, entry and exit wise. Main focus going with 20sma range, 4 to stay out of harms way. Yes been here before, but trading better so expecting different outcome.
Yes $270 that's more like, ohhh hang on that's a Loss Jumped on EA long and rode the downtrend, bailed $200 better than the low's though LOL Counter trend = PAIN!!! -$200 on the day ouch!!
After the fact, this is looking ideal!! Nice action all round though, respecting the range and the direction very well.
Missing the leap of faith, Market starts going down, can see this clearly, market pulls back a bit or trades in a range, play the direction, 80% of the time that will hold. If direction doesnt hold, odds are it will continue, at that stage i deploy position 2, then next down wave should get to profit over all. Easy, why have i went back to counter trending arggghhhhhh. Countervtrend, creates the maybe it will turn, let it run, that nearly cost me $600 today doh! Thankfully i exited where i should short and was a good exit, see the logic works fool.