Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Caught a MoMo direction change, loss -$117, first loser in a few days :)

    Lower high, ofcourse at the time you don't know it's a lower high, could of moved to a higher high just as easily.

    It was a eccks I've not traded today, due to fiddling with bikes all day pretty much, trade, so expect failure :)
     
    #1841     Oct 7, 2015
  2. Turveyd

    Turveyd

    Lost another $63, no biggy, shorted at the right time, kinda expected a break down another 40pips or so, had tightened the SL .

    Choppy market, should of taken the +$70 area and ran, had a TP set for that, must of been 0.2 pips off hitting it, typical!!

    No problemo, MTB riding time!! :)
     
    #1842     Oct 7, 2015
  3. Turveyd

    Turveyd

    How did she go, after I left....

    That up move that cost me $70, quickly reversed, jumping on that downtrend made good cash.

    Market changes direction based on 15sma I'm screwed, can accept that.

    Turn down, worth 15-25, turn up 30. Early on there was an up move worth 40, then broke up and ran another 50, that would of been a well 1K trade I guess!

    Cocked today up, -$180 ish, nothing really! onward!
     
    #1843     Oct 7, 2015
  4. Turveyd

    Turveyd

    Loss 121 :( lost connection, which had been streaming fine for ages, typical.

    Defo statistical blip of random chance going against me.


    Took on another project :( no rest for me :(
     
    #1844     Oct 8, 2015
  5. Turveyd

    Turveyd

    Got that back, just :)

    I'm trying to hard, trading when the momo is low, rather than waiting for strong and joining it.

    Could do with a 40 pip move.
     
    #1845     Oct 8, 2015
  6. Turveyd

    Turveyd

    Market conditions better suiting 20 and 8, slightly wider 8 range.

    Tweak to whats working at the time, market isnt as fast as it was.

    Stay within 5-8 and 15-20 range i guess.
     
    #1846     Oct 8, 2015
  7. Turveyd

    Turveyd

    -65 trading in too weak momo wise, losing small to make big, so yeah 30pip move required.

    DAX is looking better, thats slowed to a tradeable level, where as FX has its moments but too slow at times, ofcourse its lunch time, action starts shortly.


    Need my, market should trend from X to X working out, chop during Y to Y, wrong time = losses.
     
    #1847     Oct 8, 2015
  8. Turveyd

    Turveyd

    Fed rate change, explains the chop lol


    Expected by the end of the year :(
     
    #1848     Oct 8, 2015
  9. Turveyd

    Turveyd

    Trading tired and stupid for sure.....

    Made 400 on the GA up move, gave back some on the pull back, didnt reverse, played a long on EU epic fail, cost me again.

    So yeah, down 100 area, should of quit after the run up.



    Changes, 8 slowed to 9, 20 removed, just trading off the 9s direction, 100% well 70% live direction.

    See if that suites me better.

    Decide on direction, find entry with, minimise loss, maximize profit, repeat.
     
    #1849     Oct 8, 2015
  10. Turveyd

    Turveyd

    Looking better, 200 back on EA back to profit, nice setup, 30 for risking 10.


    Looking like a 30sma is valid, good direction to change with, good SR wise to over this move.


    Main focus is on the 9s direction, use the range.
     
    #1850     Oct 8, 2015