Progressing slowly, only vague sim trades, too much work, getting ready for next week. Using a 10 and 20 BB seems to work best for spotting range, then scalp that on DAX, which will be most if my trades 5-15 pts i guess, expect 70% profit rate. Then i have break out trend entries, when it steps out if range, 50% win rate, but 20-50pt moves gunning for. I was trading chop as break outs, hence going long at the top and abismal win rate, made up for because of huge breaks at the time, 100% fluke. Think this will work in all conditions, just a matter of remembering the plan and sticking to it, nit having 3months of from work, then losing the plot lol
So, after years I finally taught myself to trade the fast trend, only to discover this is actually a trap and actually the secret all along was to pick tops and bottoms, which actually I got quite good at, but wanted bigger profits, so wasted time chasing a trap. Not saying, there aren't time when you can jump onto a trend, but there aren't many which is the issue. Infact a quick count of nice with trend entries come to.... 5!! That's 5 out of about 200 bottom reversal patterns, so 195 losers and 5 profits. Arggghhhhhhh!! Getting too old for this shit, need to get making big $$$'s again, consistently pretty soon, getting better at spotting trend or chop so it's all good!
Still watching, TIRED, Heads killing me, need more sleep, less stress, but............ Spotting, my little entries better and better, 10 and 20 looking good. Need to build trust, market is at low BB say, I want to get in on a mini pull back towards the lows, issue is I'm too fearful it'll continue, so I'm waiting to see, then it's bounced up 10pts and I don't want it any more. Need my balls back! Need to stick at this 1 I think, like long term and master all issues, need to keep my losses real small and well, move back to a it's profit take it unless I'm lucky enough for it to play ball and break into a trend, while I'm holding!
Trades on the week = ZERO !! As expected really ( maybe 1 can't remember, can't check either ) Method is really looking promising, much better than Envelopes I've been playing with for years I'm better understanding, when to trade Chop or Trend mode. I've been spotting good entries, but wussing / lack of time to trade. The question is, will I fall to pieces, when I go back to live trading next week, might have to work Monday, but rest of the week, looks free! Weekend, catch up on my sleep, SHATTERED this week!
Nrq tablet, Lenova Yoga 2, screen is brilliant really bright, battery life 15 hours, and it stands up, got its own foot, very nice Full days trading no issues, and easier to see on desk. Got to have my toys lol
No trades, but been simming them vaguely while at work, looking promising. All DAX look for interaction, near a pretty flat BB lower or higher, chance it best price, tight SL, repeat simple as, 100s of setups all day long. New tablets looking like 10hrs of trading, screen on 50%, 4hrs longer than ipad air, but short of the claimed 18, expected 15, next charge might be better, but good enough. Tomorrow is free for trading, maybe rest of the week profits or more losses, find out soon.
Mission, back to trading tomorrow am!! Got the plan, look for entries near the BB low's/High's preferably on a pause, target other side of BB, if BB range gets taken out switch to Trend mode and expect it to walk the BB like up up and away. If in Trend mode, same, but 1 directional! SL Danger tight, going back to perfect entry hunting, rather than screw it, it'll do, and sort it out later. Think I'll halve the Lot size for tomorrow, reduce the damage I could do, from death from 1000 cuts. LOL TOO BATTLE!!
First trade, full size, 10905 Long Remember, these are all pretty much scalps fool, should of taken the 11 for +6. All trades, left on, will hit tight SL, if profit is not taken.
I'm taking 1% of setups, been 100 , taken 1, keep over thinking them and missing them, the last 25pip move on DAX order screen up, 1 click away, didn't do it drattts!! Simplifying single BB, 16 2.2Dev, don't need more than 1 really. Looking AWESOME!!