VERY TIRED, just a quick test, make sure I'm kinda on the write track, no time to waste, need to go on with the money making, fed up of being skint, need the account going the right way and paying me and SOON!!! DAX 14th December 11:08 indicated, F12 time. ( no idea if market chop or Fast then, likely chop so ) Long 10376, Exit +10 ( top of 7 range ) Short 10385, exit +14 ( bottom 14 range ) Long 73, SL hit -10 ( obviously downtrend ) short 10327 ( top 7 ) Exit +25 as it's a 00 Screw it, to tired to care, it's fine and dandy, do it live, on Min account, then $1 per pt, then $5 then back to good old $10 and SOON!! Looks like a nice Setting, stop messing, run with it for a while, if I can't crack it reconsider, simples.
NEED THIS CRACKED and making and taking $$$'s out ASAP!! Well suspect I have to take 1K out in 3 weeks time so I need / want to make 1K+, 2K+ would ofcourse be nice. So F12 Sim game, objective, stop seeing every pause / bit of S/R temp in a trend as a tradeable opurtinity, flip it the other way and join the trend only!!! Yes slipped back to that again recently
DAX Friday 8:30 start ( can't remember chart patterns don't worry ) 14 range in effecting and tightening, news time. Turning up maybe, take long's low 7, didn't get entry just popped 30pts Long low 7, 9793, +19 try long near 9800 low 7, +7 but a quick break down. Yeah just trade with the 7 in the current market, and print money, tighten the SL asap, keep losses small, let profits run, but don't get greedy.
More F12... DAX 10:30am 8th Jan 2016 7 going flat, play both sides could go either way. Nah still Downtrend, holding for short Short 27, out +22 at 05 missed short entry, going lower Yeah it's Fine!!! No counter trend trades, without tight SL's, then 4 bars min before a base should be reversed as well as lower 14bb confirmation. Try to get an hour or 2 live tomorrow, after / during work LOL
Okay manicly busy, tired stressed, but keep seeing trades and wussing them and it just keeps working, get the bet it wont work this time. Im on min lot size, so literally dont care and still not takimg setups, i suck!
First day back blues, every damn trade went my way, kinda hut exit point, i holded for more and got chopped out on, down $320, 8 losers in a row, just pulled back 120 thankfully. Got to keep it really simple, there be no chop or second chances in this market. Using envelope 8sms 0.008 and a 14ema. 2 positions, just in 8s direction, 1 pos near the mid, 1 near outter envelope, but only when there is good established strength. Thats how I just pulled 120 back. Momo has good odds on continuation, everything else is a waste of effort really. Errrr and Arghhhh wasnt paying full attention i will admit
Pulled back 150 more, down. Play the range with trend ='profits, or just a good run we shall see, can live with -170, much better than -400. Keep doing this for ever, trade with momo only, ignore range chop, shite, repeat.
For the time being, put them in reserve for when the market slows down and goes back to choppy again Just playing the 8sma Envelope range with the direction of the 20ema on the DAX, been working great all day and not getting too greedy. Patience and ignoring the not tradeable times is ofcourse key!! ie no Momo!! A 15 trades without a loss method, turned into a 8 losers in a row blood bath, creating a library of setups for different market conditions, as this method won't work when it's slow and zero follow through