Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    F12 single bar test, DAX 30/3 ( I know today to well ) 9am start.

    Just turned up, don't like that reversal, holding, choppy, up long 10032.

    Could make 5pts 4 - 5 times there!

    Turn down, shorts doing go anywhere, out small profits

    Turn up, worth 10.

    Uptrend, 4 profits without a loss.


    Yes works, even on slow days like the 30th, many small trades, 80% win rate, Loss like 1.5x's Win so 70% adjusted win rate, so +$30 expectancy every 3 trades.

    Lets see if I can keep playing it tomorrow!!
     
    #2241     Apr 5, 2016
  2. Handle123

    Handle123

    That's cool then, can you carry around something bigger?

    The distance between BB is usually max you can count on going sideways, so price is telling me all I can get. Trading the ES, I use 9EMA and 18sma cause that is the BB I use 18,1.8-been trading that 5.5 years and now finally automated, trend on that is slope 18, usually to get 18 to slope, have to have a thrust bar and close strong enough to pull sma to slope.

    You and I risk for different reason, I use it as catastrophic reasons as I rather get out than using a money stop, but generally am risking $150 which is more than newbs would use.
     
    #2242     Apr 5, 2016
  3. Turveyd

    Turveyd

    Ipad is fine to trade off, mini was fine to, I go for long walks and trade via 5.5" phone no issues.

    I'm using 18 slope, 9 entry point and prefering the 9 bb.

    Last week i was down $250, it came back to +$100, volatile chop, this week is slow trend, get it wrong and it slowly erases your account.

    Concussion is nearly gone from mom and step dad of daughter getting the jump on me and using my head as a punch bag literally last Friday, got back up smiled made fun of him like nothing had happened then smacked the crap out of him, there scared I'm going back, so behaving, so all good but it sucks.

    No trades yet, sim are rocking so wish i was, looking ideal. If this doesnt work long term, then i need a new theory, got push this any faster without becoming meaningless lol
     
    #2243     Apr 6, 2016
  4. Turveyd

    Turveyd

    Impatient caught trend change, moved SL, blew $150 ouch.

    Reduced size to $5 regret as 2 more trades pulled back $120, so -$30 on the day.

    Just missed long entry 9534 pull back in up trend, for a quick 8pts.

    For current conditions...

    The 18sma is perfect, market continues that way nicely.

    9 bb range is good, break outs from work well.

    sL set to 7

    Method in place, professionalism is whats missing but getting there.
     
    #2244     Apr 6, 2016
  5. Turveyd

    Turveyd

    Back in profit on the day :)

    the 18 is so important, I've turned into 3 lines, H HL/2 and L

    DAX went lower, US trying to turn up, worried me to take a quick profit!
     
    #2245     Apr 6, 2016
  6. Turveyd

    Turveyd

    Risked the 9510 buyers holding, despite US30 in free fall, took the bounce for a quick $90, I'm getting better, or just some good random chances.

    LOVING this method!!
     
    #2246     Apr 6, 2016
  7. Turveyd

    Turveyd

    Loser -70, profit +40, 5seconds after hitting Close it ran up 15pts :( typical!!

    Unsure on direction here, looks like turning back up!!!
     
    #2247     Apr 6, 2016
  8. Handle123

    Handle123

    I trade two different methods on Eurex, one is enclosed and automated, I turned off five of the signals as it produces many signals, hey, I am a scalper. The other system is finally automated and we are doing lite testing forward and that is based on 9ema/18sma with twelve signals, hey I am a scalper, enclosed looks for fewer signals cause it looks at trend for deeper retracements, but S/R never changes, 2nd systems goes by 18sma slope for eleven of the signals, sometimes can't have trend to be the same for everything.

    I love trading ES cause it can except volume in first hour of trading, but has same frustrations of any other market, I figure in another 30 years, maybeeee won't have as many frustrations, but I doubt it, I detest losing, I figure every trade should be profitable at my age.
     
    #2248     Apr 6, 2016
    birdman likes this.
  9. Turveyd

    Turveyd

    Yep identical method, from the look of it to mine these days, cool!

    I keep trying, not to be a scalper, but yeah, scalping is where it's at, repeated profits regularly.
     
    #2249     Apr 6, 2016
  10. Turveyd

    Turveyd

    Got 30pts on the US30 earlier, the 17670 rejection, dropped quick +$270, so +$240 on the day here :)

    This could turn into a scalp small profit, scalp small loss they kinda BE then get a few +$270's where I'm just coincidentally in for the good moves and hey presto that's 20 trades, 3 or 4 good trades, rest cancelling each other out and my $1000 per day :)

    Sadly driving after that, missed the other good moves :(

    Yet again, got to be around when it's busy, the slice through was nice just, but cooking!!

    Wasting too much time in slow, dead, they look safe markets!!
     
    #2250     Apr 6, 2016