DAX turned up, awaiting entry Long on both, with reasonable SL placement, ie not a huge loss. GU is at a Long point, but I expect change there from the chart pattern, and yes breaking lower, 7 down in control. looking for short entries there soon. Road bike ready, operation get fitter and destress in action.
Confidence in method increasing, looking IDEAL!!! despite some bad random chance against me! I went long on DAX and it broke the 24 and let it run against me, reversed right on it aswell typical, held for more, didn't want to exit for less and down she went. -$57 on the day, but learning
Okay ignore what I said last night, it looks like I was close, but not quite there. So settings. BB 7sma 1.4 24 SMA Time to dig in and master it, final phase of the mission, shouldn't take more than a few year and a few accounts the way it's started off LOL It's about knowing, when not to trade!
Going NUTS looking at the 7 I fear A much simpler, BB 13 2.0 calls the DAX Action pretty damn near perfectly today. backed up with a 26sma, just for the 2x's the 13 dealio!! 7's got no concept of chop, end up playing all as trend then getting chopped, got to see chop to ignore chop.
Today looks easy with current setup, started as a re write then ended up just 13 not 7. Time to trade lol
It is easier than most think when to delay taking signals, i.e. when not to take signals. What has worked for me is S/R forming, don't trade against Triple tops/bottoms, Doubles(very tight areas), H&S, trendlines on 60 minute bars. If you #1 before signals, is seeing to left of now what price has done, will stop you from going "AH CRAP", say you got into a trade long, and you have tad of decent profit, if that top area been hit less than 6 times, most likely best to take profits, but it area been hit more than 6 times, likely it will bounce in area then go through, but don't walk away, it not 100%.
Predicting future, well just trying to go along for a ride, does my head in lol Modifying to suite my mental issues some more. 26sma not really needed removed for the time being. Trialling Bb 13 2.5 and bb 13 5.0 currently, the 5 seems a good SL point ie line in the sand. Market going down early, should of shorted but broke out old 2.0 so didn't take, stayed within the 5, got to give it some leeway which always ends being next margin level, got to tune that out lol No trades, just theory, tummy bug going around, rough as, been a bad few weeks bugs wise
Okay method scrubbed again.... Simpler maybe. BB 24 1.5 and 3.0 only same rules as before, calling the last few hours very well
Throwing a 8 Envelope 0.01% into the mix for fast trend entry, back on the PC so quick test. Don't think this is the magic formula, but hey got to try, if not maybe something better will come of it, or worse LOL Just scrolled through 2 months of DAX at speed and damn that looks promising