DAX going up, to hit BB, Dow going to to lower BB, interesting, rarely see any movement change between them, how will it play out. Could risk a Dow Long, took to long to spark up tablet, lets see how it plays out anyway. Dow downtrend under the 9, up over the 50sma. Crap, 17:30gmt till 18:30 No trade due to extreme low volume generally zone
It's friday, I'm tired and strangely cold, just can't engage, spotted a few, tablet at the ready but not happening! Calling it, close out on a high note and all, 7 profits in a row since going 15SL area, up about $450, which is okay, but I was up $380 monday am, before blowing it all trading chop during trend so could of been much much better. 3 weeks till holiday
Method, just as a note to self!! 2 Positions, SL 16. BB 9 2.2Dev 20sma 50sma Play the range, with trend if there is any. enter near the 9sma if fast trend, can take 2nd position near BB low for a bounce chance. Low's can be taken, when the BB Low goes flat / upward and vice versa. Sure there are things I'm spotting which work well but hey, it's late.
Bored bored bored bored, Sundays with bad weather = bored, cant ride bikes in 35mph gusts of wind Need to up my game, devote more time to trading. Sat and watched a 100pt trend move, too lazy or scared to jump in, 500 or 1000 both in. Dont want to take losses to chop any more needlessly, 16 on dax is enough so far, will stick as is until it isnt then might try 25sl and 3 positions, 4% risk at that, drops to $3 per pt. 8:30am till 10:30am is my trading time slot, need to start using this, maybe 8pm till 9pm on the dow. Must not go mad and start losing again lol
Drilled down, what is the entry plan these days. It's Variable depending on market speed I guess. 1. Sideway, so chop, play both sides of the BB range, sadly need 16SL as spike and reverses are a bitch, likely won't take 2nd position on range fail, look for exit near the 9sma if Trend likely. 2. Slow trend, take low BB entry with the trend, 2nd position is allowed as hard to call exact bottom, exit on trend change / SL hit ofcourse. 3. Fast trend, 9sma is going places, take position near the 9sma, 2nd position near the low BB if needs be, generally pretty safe. Got to not change much, the MA's are still kinda fluid but nailing down slowly. Got to stick to 2 position, give the greed up, can't afford the SL with 1 position of 16, averaging down it too damn handy, if only for a BE exit near the 9 at times. If in doubt, just CLOSE the damn trade, 5pts saved is 5pts less I have to make later SLEEP more wake up on time LOL
Too knackered to give 2 shits today, no trades, watched for 5mins in total!! DAX had a nice day, to the plan, no real unexpected moves. Need to focus on trading, but knackered, too much work, too many pain in the ass people, just never ever ever enough time for anyting. LIFE!!!
Quick Sim to stay current!!!! DAX only, tired!! 8am, uptrend loads of long entries worth good pts. Squish, turned up, no real move +10 Squish, turn down for +15. Buyers @10665, lower BB going up +70 move nice. Lower BB test +20 of that. Squish turns up, Fake likely take a loser there -16. upper BB short 10705 area, +15 Uptrends on the 9, easy peasy. Pull back to lower BB, short lived but +10 Next lower BB stalls, turns to downtrend bail BE. Mid 9sma, then upper BB, no real move +10 total. Choppy hateful mess 10:50am till 11:50 area, actually useless till 1:30 Upper BB contiuation down, fail -16 just annoying LOL Squish awaiting decision then uptrend I watched that on my phone at work, tradeable live. ------------------------------------ Squishes are Key, see a Squish it's indecision ahead of news, trading the break out has excellent chances of a big move forming off it, more visible with BB rather than Envelope, don't know why I failed to see before really, just annoying slow market that doesn't get to extremes to trade chop off. SLEEP!! try to get my 2 hours on tomorrow, must stay of P sites LOL
Checking facebook at 4am cause cant stop thinking about an ex that wasnt really, just all BS to take my money, who I/we had planned to have a child with, which was never going to ever really happen as she wouldnt even kiss me for 11months. Guess what, first post on my screen, 6mins old literally, her mom which i follow 3years on, rarely posts, going on about how great her daughter the huge bitch is, cause shes pregnant. = fucking awesome. The universe definately hates me, i Never check facebook in the middle of the night, first time EVER odd as fuck! I dont believe in pyshic BS but 1 hell of a coincidence. Poor kid mom that crazy
National Daughters week, not preggers I think, arrgghhhh!! No trades, today, work issues, got to work for a bit tomorrow aswell on my trading day
I look at the chart, I see nothing!!! I get home, and ohhh yeah uptrend should of been spottable live! Yep, need a holiday, it's 9:35pm and I'm literally off to bed soon