Must focus ( got enough Tablets and Large phones LOL ), must just spot 5sma based direction and join in, with the 15sma and repeat, and repeat and repeat and repeat until rich or dead! Lets be honest, I need the money
Keep going to trade, then phone or coughing sneezing fit yes got man flu bad lol Confidence is so high, I have slapped all of my reserve funds in, zero backup left, max lot size see if it will stop me being so lazy, as said need to make money. Need sleep!
Yep, the secret is to just go the direction of the 15sma, using the 5sma's Envelope range, avoid turns where the 5's direction is against the 15's. DO NOT GET CREATIVE, just repeat, repeat, repeat, repeat and take the odd knock without caring. = RICH!!!
I don't get you, first you state past data is irrelevant and here you are experimenting with moving averages?!
The direction of the 5 and 15sma's are barely the past, it's short enough to call the direction of the current momentum, momentum generally doesn't just stop so all you do is join it. Using the 5's little range as a noise filter, the direction of is key, movement within the range is just noise, so try to get a good price within noise. I have zero prediction, i pay no interest in previous S/R they've proven to be useless time after time. Easy
Maed 24 pips on this move, joined it, exited on the spike above, did it on tablet that's to cheap to screen shot sadly. Feeling rough but even 8am more sleep $200 in bed
Additional......,.,. Even when wrong if i get a good cheap entry noise wise, odds are it will get to a small profit while it turns, yeah its turning bail. I use a dynamic SL of 10 so that reduces my loss nicely, i back it off as the trade goes, reduces my stress and work load. Ea long just 1.5751 trend looking weak out 60 thanks muchly. Easy enough to trade, 2 charts up EA and GA on my 7inch, or 1 chart on my phone. Only trade EA and GA best momo players. Way on target for 50k for the end of the year, I'm a year late to be honest lol
It's working Must resist the urge to change / over complicate it / over think it, just go with the 15's direction pretty much. If you work out the pips the average 15sma trend goes for on EA and GA before the direction turns, you can see there is more than enough there, to risk 10 and join it. 2 issues remain.......... 1. Getting the time to trade more than 10mins here or there. 2. What to spend the profits on