Watching, trying to get my head around joining the current direction logically with a tight SL. Single position, with a tight don't care SL, got to accept I'm going to be taken out needlessly at times, but losing $70 say is better than having it go -$300 against me, like it's been doing. Keep watching, keep sim trading till I have enough trust to do the right thing.
I've watched it, doesn't move enough to cover Comm's easily, which I don't like. My Spread is super high basically on the Bund. I also like the Crack it and DAX will make me rich pretty quickly. Told you I wasn't there yet a few weeks back, just favourable market conditions to buy and wait for profit and ignore the temp live loss.
Problem is "favorable market conditions" as this is a dream in the DAX, whereas Bund you do have to stay in longer but it has trends you can add onto. I love trading Eurodollar, it hardly moves, it is like a snail BUT, every 7-10 days I can make 5 full points which doesn't sound like much, but margin under $400 and making $125 makes me excited, but like it is so boring, no excitement and this is a business of churning it out. You know I wish you well and to do well. I don't know why spread would be wide for you.
Mixed bag today fair few trades, BE on the day , was -50 seen +70 errrr same old . Submitted BB again back to envelope, is left out on my own chart and working better than BB annoyingly . 7 sma 0.02% range . Its all SL to be honest and capping losers quickyly. Ohhhh dax just dumped I'm -200 while thinking on here lol
I literally can't get a break these days, at all, every trade I enter barely moves like 5pts, then it's like get out or bye bye and pretty much everyone has been in, in a market that moves 30 area frequently. Back on PC, perfect latest method. Settings 24sma and 9sma and Envelope 9 0.03% looks best for today after the fact. Simple rules, direction of the 24 and 9 need to line up say up, then just take longs on pull back to range or near sma, exit on range failing to wrong side. KISS!!
First trade, jumped on dax with directions, under 2mins +$100 easy as. Its about jumping on the short term momo, but doing it early, not waiting wussing 6 setups cause the 7th retails confidence is high, we get in, we get slapped lol Easy!
Random rules, random results. When you get a random set of winning trades, it's "I've finally cracked it , I'll be rich soon" when you get a random set of losing trades, it's "my system needs tweaked, here are the new settings"