Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Pulled back to just in profit on the day, DAX stopped trading through TI hope they haven't pulled it, 5pm area .

    Could of easily had a 2K+ day today, simple as just got to get my head in the game and stop being plagued by bad random chance and too tight a SL, that 1 is my bad!!
     
    #281     Sep 24, 2014
  2. Turveyd

    Turveyd

    Write up on yesterday and today as new settings, went for 32 after some testing not 42.

    Yesterday. Calls it great, end of story really, what a day to miss :(

    Today, okay to tired to care, FINE also!!!
     
    #282     Sep 24, 2014
  3. Turveyd

    Turveyd

    This is definately beat this is how I know for sure......


    FXCM just screwed me, moving to a spread + charge in and out basis dax cant drop below 1pip spread so 2.2pip spread up from 1 doh!

    And i cant trade DAX via tradeinterceptor for a week or 2 while they make changes to there system to handle this :(

    Fxcm app is hateful so only trading at pc, guess i will give gpbaud a go when out doh!


    Arseeee
     
    #283     Sep 25, 2014
  4. Turveyd

    Turveyd

    CFD's are back that was quick, was expecting it to be a week or 3 :)

    Will it go again, well yeah 10seconds after I place a trade LOL

    Missed 1 hell of a trading day, typcially!!
     
    #284     Sep 25, 2014
  5. Turveyd

    Turveyd

    Only 200pips move, loads of places to enter short and I had no CFD feed, although it came back and didn't realise it, CRAZY DAY!!!

    End of the month blues then focus back on trading, had a good month so 3months cash in the bank maybe just kinda, should be enough, method's looking sweet, I'm in the zone if you ignore the first trade always failing after a few days break LOL

    Tough month, barely traded :(
     
    #285     Sep 25, 2014
  6. Turveyd

    Turveyd

    Perfect SL hit again, pip perfect and reverse atleast to BE level so far.

    sL hit or not inwas still on the wrong side of a steaming train therefore doomed, reason for trade i trusted my ranges, so i am removing all ranges :(


    Huge huge profits here, well some.

    So new plan, going to trade off 5 and 13 sma envelope tight ranges 0.002 i think it is.

    And slower buy /sell areas.


    Seriously pip perfect hit, have i pissed of a billionaire somewhere whos tracking my every trade, yep most likely.

    Back to tight SLs aswell there is no range to trust and get me in the shite
     
    #286     Sep 26, 2014
  7. Turveyd

    Turveyd

    Liking action so far, shorted under the 9500 for +12 then long over 9580 for +14 just, 7 pips to go for BE.

    Yes i spend all day making back my first stupid im asleep and just having a play trade.

    Doh! The trade i exited at 9500 went another 40 pips dohhhhhhh :(



    Trade time is out for the day :(
     
    #287     Sep 26, 2014
  8. Turveyd

    Turveyd

    2 envelopes confuse, back to just 1 8sma based, almost naked here :)

    8 woulda stopped me making trade 1 it was a short entry place not a im about to turn up place.



    Confidence is still high, account, well not so high lol

    Need to get head around, 8 is going up, buy near low 8, tight sl odss are it will keep going up.

    Late lol
     
    #288     Sep 26, 2014
  9. Turveyd

    Turveyd

    I Think after i take my first loss i actually trade like this ignoring the envelopes, no time to trade but liking the simplicity big time :)
     
    #289     Sep 26, 2014
  10. Turveyd

    Turveyd

    Okay just incase I'm going MAD MAD MAD and erm MAD lets compare prev attempt to KISS to the max!

    Old, first setup worked nicely DT perfect turn, new you can see the stall but don't get the DT theory. O+1

    Old, downmove goes out of range DT should not go long, New DT's visible and strong short points, N+1

    Fake bottom, has SL hunting blip before rebound SL 10 would be fine ish Profit 15 max, stall and reverse off that to quick to call though.

    Another buyers battle, 6460 area runs 50pips, exit sign +40, old method zero chance, new tight SL like 6 would be fine.

    That up move, Ranges woulda killed me again

    Basically prev ranges had times where it worked and times where it doesn't, slow markets worked great, fast markets with strong moves forget it :( Too much trust in the ranges = SL moving = HUGE losses :( ABORT ABORT ABORT shame worked well for a few months :(

    New method is simpler almost naked so doesn't get much simpler, it's doing 2 things really....

    1. going in a direction, hold if in or enter with direction near at a mini pause, tight SL above prev mini pause, probability looks like moving outside Envelope to other side means it'll turn that way, not always.

    2. It's basing before a move, get in with a good price, big enough SL to take a SL hunt so 10 area, I need 8sma to be flat before taking this.

    Basically DELETE ALL and try something new AGAIN :)

    As said, I think my profitable trades have been this way, mainly no.2.

    Better test the 8 to check for optimal I guess....
     
    #290     Sep 26, 2014