I've got to get my head back in the game, interest = ZERO and market is so damn good I should be making huge $$$'s every day TIRED!! Definately in a funk!!!
Typical, wake up think yes i want to trade, open chart, setup nice, not moving, times not updated, check calander and German bank holiday typical. The universe hates me
Well another week pretty much wasted well pretty much, decided on new method and pretty much locked it down for better or worse ( no sex for me I guess ) just added a 90sma, just 1 slower directional study good S/R point aswell, excellent 1 on GBPAUD if I ever get around to trading that, new fee structure on FXCM might make it cheaper spread cost wise but we shall see, likely not enough to help really. Really TIRED arm infection / sore elbow keeping me awake at night I guess, back to normal soon I hope, time is ticking.
Quick method check, the 90sma sells it, LOCKED for sure after a few tiny minor tweaks. Trust the trend, take the with trend setups, hold longer than 8pips and give up this damn business. Week is clear work wise so far, don't expect that'll last long sadly though
Still got the mental block, used the DAX base for a long, quick 10 pips, exited as 24 is down and sub 90, tried to force my self to go short, but keep 2nd guessing it, missed some damn good pips. Method iscas near perfect as a method can get, but if i cant crack above, then my earning potential is just ruined. How tonsolve, had this issue for years
Well, calling the right trades so far today, patience to hold I'd be up like a months wages easy. Easier life, less distractions and hassles and woman, focus on trading run away
Quick review, tired got to be up early, did make some live $$$'s today, although not many Some okay bounces off 9300, my bounce stalled but spotted it and got out, should of shorted NEARLY DID!! When the 24 turned down the 24 kept giving, 3 short spots +30 +20 +40 that would make my month. Higher Highs as suggested by the 90 for the mid section. Indecision @9300 area then a break down. Back up to test the 90, then major sell off 1, short went 60+ nice. After the fact, easy, taking the risks live is where I'm struggling, I can see them but can't pull the trigger, not that I had any time today Work and other hassles tomorrow but shall try regardless!!
Nearly placed the trade short near 1 of the SAX peaks earlier, the issue is I'm worrying to much about losing, I waited to be sure, then it moved my way and too late, i woulda made 30 area risking 10 is the sad part. These trades are all very quick, they dont let it hang around i like trading off a nice 10min pause, gives me false faith the short term MoMo has stopped, the slow counter trend look like support areas i can scalp for a few pips, but ultimately, support breaks SLs are hit and goes against quickly. So do i just sack up and grow a pair or reduce lot size, increase SL, put 2nd position back in and get back into that mess again. It looks like sack up is the only, taking later trades might be better, break back under the 6 maybe, or mive back into range was the original plan. Damn old brain cell
Missing that tight range I was using, based on the 6, makes it easier to filter out noise, in a markets going down, market is above the 6 but it's not pushing new highs, short near the top, noise should get to the lows most of the time and if it punched through then that's a move. I'm either acting on noise currently or worried about noise, should solve, know my brain is coming back hopefully!