GU long, 1.23782 , 6 turning up going to see if we can get a good up move here, retesting 91 will do, bail on new lows <76, might of been better of scalping it. Bought glasses, scratched 1 lense walking home, typically, better with a blurry spot doh!!
Nice buy spike, shame it ran out of steam, tricky here all other markets tanking. Risk a little maybe 5pts to make 20pt IF it uptrends, got to play the numbers and turn the emotions off. Or bail as confusing conditions and BE really here all in!!!
Profit, took it too early surprise surprise, exit 90.08 cause I'm a WUSS!!! +$85 only in 1/2 position sadly! +$331 on the day. Want to play on, but only going to make my eye strain worse, hmmmm and like sleeping on profits 1.2313 seen dratts that's another $200 area, got to improve this. Since last account low 9th Jan I've made 21 positions no real losers ( maybe tad under with comms on a few ?? ) total profit $936.50, which is 43.6% account growth On to something, or about to take a major hit ?? find out soon LOL
The Cylce is about to repeat.......... After a huge run of winners ( could of sworn I lost $300 and pulled it all back recently, must of been the 9th ), either over confident or unwilling to take a loss, dig in and take a huge loss or 10. I've got protection from too huge a loss, being my Margin level LOL Must recalc lot sizes to allow for larger account and pull that to 8% in reserve, although won't save me if only 1/2 in so hmmm. Still need to work on exiting when the trend turns against me and flipping sides, I had back up plans today a previous S/R level which I was using so risk was kept acceptable, small losses when it could of been a profit, also kill you. Find out tomorrow, if I've moved past, or soon!
Risk side tweak, MAE 14 0.03 from 0.04, earlier indication of trade going the wrong way, hopefully in time enough to limit loss and flip the other way. I need to get better at joining the 6sma's direction. My profits are increasing cause I'm holding long, although still not long enough, but keep working on that. Yes I'm aiming for perfection, okay 80%, likely trading 65-70% efficent here, so not far off good enough.
Right getting confused with method, stripping back to the basics and modifying to suite. 14sma working great, keep. MAE 14 deleted. 6SMA Great MAE 0.02 and 0.04 changed to a single 0.03. Got to get to basics, trade with the 14's direction. FOCUS!!
Looking Simple and Clean, losses are reducing, profits are increasing, win rate is through the roof, all going the right way. My future is so bright I got to wear shades in the house in the winter
That was STUPID STUPID STUPID STUPID STUPID!!! Looked at the time, thought can't trade 4mins before US News time. Then forgot, opened trade GU long 1min before, then 2nd position then fast moving against argghhhhh, hold it out. Long 1.22849 then 1.22844 ( was trying for lower ), out 1.22917 +$112 after comms That could of cost me $400 very quickly, outcome +++ but STUPID STUPID!!
Still no losers keep editing to early, doesn't take much of a move for double the profit once you take comms into consideration. +250 at the moment