7 range removed, got no false bottom that will likely fall through as it's going that way, arrghhhh sucky market. Missed the nice move up, shouldn't of, was playing games GA nice uptrend and MA's called it, EA Spike would of taken out SL first ofcourse. DAX random Peice of shite!! Lose, Lose, Lose, Lose, BIG win, which puts me up, but 3 or 4 losers in a row are getting annoying, don't want to lose the BIG wins but want to reduce the Losers, maybe 2 losers, 1 small profit so near BE, not down nasty back into profit. Not good for Moral really!!
$90 made on the dax turn up, it's trending, is turned up, profit made. Ranges and trying to use them live has been killing me i fear. Determin the trend if strong just join, if weak, look for a cluster, get in low tight Sl with direction. Feeling happier and less stressed. And making $$$$$`s, incoming consistency
Dropped, to demo mode, lets not ruin my weekend. DAX turned up, went 20 easy as, EA nice down move aswell. It's about not switching off and looking for a way to enter with that direction, rather than trying to pick bottoms/top, ofcourse, I could just never take them previous. Few more years and I'll be an average trader Got Monday free to trade been slacking work getting behind so better behave Tuesday
Back testing, looks great, this is how I was trading 2 - 3 years back I think, difference being I didn't have the ability to trust and join the move, something I've only got recently. IF I can get the balls, to stay in and hold for entire moves then 100pip or $1000 moves at todays Lot size should hopefully become pretty much common occurrences Reckoning on 2K per week, with current account size, which means 2 months time, 4K per week, so on and so forth. I made nearly 2K this week, but 1 exceptional day, even with slower markets 2K, like this week 4K+ easy!! SLEEP!! Rest!! don't go MAD, stick to the plan and trade it Monday!! Another good week and buy the cheapo $1000 area Fat Bike I've got my eyes on, 4" tyres for mud plugging, should be interesting
Well, nearly time to spin the wheel and try to master yet another theory. Basically gauge direction, off my 3SMA's, guesstimate an entry point with that trend, based on, a cluster area or some other basic trading logic. 1 or 2 positions, 2 might work better, 1/2 size position at first if it falls though might work better, I prefer bigger SL and less random SL's, so thinking back to 2 positions as I'm guessing an entry. although I kicked ass last week, from a few great runs, there was a 75% losers, yes they where small, but mostly stupid and very very frustrating and inefficent. Last week as Lucky I think, better not forget that
1 trade so far, Momo had ran out sadly, so bailed -$5 pretty much BE! It's working, some nice, demo trades so far, weekend off, got to get head around it again. GA my BE went higher, but who know, would of hit SL anyway. Style is all in Max Leverage 50:1 being used, single position, small SL, risk 7 say trying to make 20++++!! DAX long ( jinxed ) at 10172, regretting LOL
Cat Vets, bailed +$30, turned out luckily!! Simplified Method, just 7sma fast trigger line and 30sma. Need bigger SL's, so going for 1/2 sized positions, accuracy just isn't possible at all.
It's almost going Naked, except the 30sma which worked great today. Method....... Pick a random entry, with the 30's direction, moves against take a 2nd position KISS to the MAX!! 7sma speeded upto 4sma, not really using it, has it's uses, so getting naked, seems to be the way all the Pro's go, so bound to happen sooner or later. Less variables to play with