Yeah, Trend turning down no continuation SL hit -$60 Looser SL I'd be BE here nearly atleast, but would I quit it or hold it ever lower and lower counter trend. Looking for a short, 1/2 position near 12sma. It's lower I'm short term happier, long term remains to be seen,.
2nd short 36, <33 for profits!! First trade, would be up 100 bucks here sucks SL backed off a fration, no don't do this to me!! )(
Still in a 42 uptrend and DAX has been wildly bullish aswell recently Just a recent curve fit, but Envelope 42sma 0.07% called the bottoms and tops very nicely, checking history to see if fluke! It's actually testing as with trend relevant, loads of with trend reverals, so 42 going up, pull back to low Envelope 0.07% has excellent chance of staying on trend, below no. Same logic as the 12's Chart attached, some fails at the start, broke below but help uptrend, just to be annoying, will post other examples, work and not shortly.
42 low envelope being tested here on this pull back, 42 turning slightly down to. Broke Through, long base and heading back up, staying out!! Market acting, ODD don't understand it at all, it's just. This 12 and 9 I checked back, Trends failed, market is so damn fast it needs a 7sma setup to trade it And back on joining at the 6sma. Consistency would be nice
7's better for the fast flow, when backed up by something else. Optomise the something else time., 42's good, 30 better today, 24 very nice 0.1% nice. 18, too fast, 20 too fast. 24 looks to be the number for the limited back testing I've done I'll admit. Testing WELL back about 2 weeks. Reverses for some off lower 24, ran into 24/high 7, 24 turned down and down she's going, downtrend in effect.
Looking, good on all markets! Car MOT might trade from there, as it's slowed down considerably from earlier.