Damn this is 1 sweet method, 80 pips on YM, just need the balls to hold then 80pips risking 12 I guess on YM amazing. METHOD IS LOCKED!! 100% HAPPY here, I'm not wasting any more time looking for perfection, lets move to perfecting the live application of it
Got the rest of the week ish free to trade, normality . Good bye account lol 1trade just, git 11 left 10 on the table, joined the sellers @9445 area, easy as
Method locked for sure, having charts un cluttered enough to focus on the PA is key, made another 5 then back to not wanting to lose so not trading mode, trade US open later.
Trading tired, broken, distracted and stupid this afternoon. I was playing the double bottom 9425 area at US open, got to +12 or something then feed died AGAIN and hey presto it's in a loss. Basically counter trend trading, I must not trade against the 18's direction. Gave back profits, then the trend reversed and went for AGES typical. Method's fine, I just need more SLEEP and less HASSLE!!
okay method is still PERFECT, my use of SUCKS, my instinct is every pause on the way down to try to reverse it, an object in motion generally stays in motion, THICKO. It's obviously going down 9 and 18 so I should be looking for a up move to stall to short, simple as that cause it'll go to a new low, exit and repeat!! Get head around, being able to take that risk and I'm RICH, don't and I'm fecked simple as, sort it MOFO!! Chop I make, trend I lose as always, role on choppy markets again hey!!
Lets do some math, entering near the opposing 9 Envelope line thingy, when it's got visible direction at the time, what are the odds on getting to +10 compared to hitting SL at -9 really. Math's didn't fail, even after the event it's damn tricky so UNLOCK!! LOL
Okay, what randomness am I thinking about tonight LOL Slow 18sma envelope down to 24sma and close to 0.06%, add a 24sma hlc/3 ( direction of this is key) So more focus going on a 24sma direction, look for entries in this wibble zone as a noise filter with the direction. ( called entries all the way down then all the way up today, Outter range is removed, keeps costing me to much, directional market most of the time not range, so play it that way ( RANGE be back LOL ) 9sma Envelope is I was going to say unchanged, but actually no it's too messy it's GONE Simple Logic thankfully for my poor old broken brain cell !!! IF 24sma is going up, then look to enter with direction ONLY preferably near the lower Envelope, that way if she starts to turn you'll likely get enough chop to reach the upper before the Momentum flattens out I never want to place trade out side of this 24 range cause my SL is to far away and this should fix the counter trade issues nicely A move more than a couple of pips out side of this range = TREND change well most likely not always ofcourse. this started of as a MA only, cross over 9/18 deal, but no that failed!!
Addition 6sma hlc/3 it's a keep me in longer deal!! Looks like it's going to be easy enough to do a objective test on 3rd Sept, BIG news then okay move then bad day really news killed it. 4th Sept, 24 downtrend profit, profit, profit, profit It's golden 60% win rate expected, profit 2x's risk some 5x's runs upto and beyond Ofcourse, the proof as always is CAN I USE IT and TRUST it LIVE, find out tomorrow!
This is a very smart way of stopping myself, counter trend trading LOL Not going to lock this, errrrmmm that didn't last very long, didn't solve my main issue at all sadly.