Right time is ticking no chance I can even think about end of March Full time as I've not even traded in 3 weeks Been Tweaking method when I had the time, very little, looking like my prefered method is........... 10sma + MAE 10 0.02% + BB 10 2.5Dev Entries being Momo Prefered then enter near the 10 or in the range, when 10 has strength and let it ride. Chop which is more playing the range via the BB. Right lets start making some calls and see what happens I guess!!
Don't sweat it man. I haven't had any live trades this week either. Sometime the RL obligations come up and take over. Alas.
And for heaven's sake...Do not trade for the sake of trading. That is a bad habit. Just take a chill pill man. Just be one with the Dude. Nothing is fucked Dude, nothing is fucked. Patience pays dividends. Get your mind more dude-like. Get back into the groove slowly, not on hyper-caffeinated drinks.
LOL No trades, don't worry losses at first when back is expected, Lot sizes at 1/2. Got bike ready for tomorrow 80mile ride ( first for the year, they get longer ), took Charlie to get new glasses then swimming then John Wick 2 very good!! Chilling, it's a Friday although it feels like a Saturday strangely.
BORED BORED BORED BORED BORED so might aswell do some method testing or blow my brains out, damn no guns in the UK Right UJ Friday, F12 testing time! FUN!! 9am start ( I think ) 9:10 Downtrend short 112.68 1/2 turning chop/slight up , down, chop UK open soon, out 65 +3! Good call broke up. Uptrend 9:37 Uptrend/low range Long 112.68 Full, chop waiting for break out, ohh down out 66 -2, best I saw was 72. 9:58 Cluster Long 62 Full, SL TIGHT! saw 67 got greedy, trend down entry reversed on me SL -4 Quick flick through, got bored but year it works nicely in trend. Wednesday I expect to get back on trading!!
More testing, higher speed so less detail, just price in and exit price / value. 20th Feb 9am start. Short 113.06 exit BE Short 113.05 Okay market too changeable at this time, why method sucks!! No trades to UK open ie 10am or testing!! 3pm test GO!!! Next issue, I'm seeing Trend, but it's weak really it's just chop. Okay 10's too fast..... 24 for the MAE 0.03 and BB out to 24 1.8. That's better got to slow it down, or chop just knickel and dimms me to death!! MAE gives me direction and chop range, the BB tightens up nicely on clusters, which is where I enter with the 24's trend. Need to test this method, later Work !!
RIP Bill Paxton Quick test before I hit the gym! 13th Feb UJ 10am. L 113.65 1/2 - out 75 +10 L 113.73 1/2 - out 83 +10 L 113.76 1/2 - out 74 -2 S 113.74 1/2 - out 69 +5 L 113.70 Full - out 75 +5 +5 ( as full ) S 113.71 1/2 - S 113.76 1.2 - exit 73 -2 + 3 so BE L 113.71 Full - 73 out +2 +2 S 113.74 1/2 - 65 out +9 S 113.71 Full - 68 out +3 +3 1 small losers, nothing went beyond -6 area, closed Candles not the same as Live moving candles, but the theory looks good.
So far, 24sma based method is looking sweet!! BB 24 1.8 MAE 24 0.03 for when I forget to update a tablet tomorrow. 10sma was changing direction so fast it was giving me a headache, works great in fast markets at 10 but useless at chop. UJ just reversed off lower BB nicely, quick scalp possible. IF BB Lines are flat then can use as S/R that's why they are they.
Looking good still, okay doesn't catch all the action, guess that was my issue, I wanted it ALL!! Wait for special trend setups where the volatility drops shown from the BB before entering. Don't let the pseudo randomness of the markets fool me in short, ignore the noise, focus on the underlying trend.