Yes I said 90sma was perfect, well 60sma after some testing is more perferter Quick back test and WOWSA!! I run a 60sma H & L, accuracy on longer 1's isn't great and it's more about it's direction, if up, a move below could and most likely will continue up, but not always that would be just to easy. Want BETTER performance still, but getting there!
Day 2 on new method, its made it to day 2 itsca miracle lol No trades as yet, nice uptrend up the 60 this am, worth 40 Nice 10 down trend, was tricky to live call as it bounced off the 60 first. Then moved undervthe 60 setup for a short and dumped 30 Ran back up stalled on the 60 perfectly, retesting low 10, back down again. Is it working ? YES , will i stick with it or see something better, dunno but going to try Work taking pad
10 range currently, lower highs being called by the 60sma's, nice action. And since above, the 60's down pressure created a 30pip down move $750.
Sadly had to work today, no trades, had some watching but still very limited, spotting setups better. Trying not to work tomorrow and trying to trade, but mouth ulcers = head ache = not thinking straight, but we'll see !!
Quick 10pips, just having a bored mess around playing the tiny range we've got o here, there 8810 support area. Let me set a auto SL of 6pips, plan is to start trading on that kinda SL level, so few pips I don't care if I take a hit or 3, get it to a level of, what if I'm wrong, it's 6pips who cares, TRADE!! DAX definately lags behind the US30 if US30 is showing Green odds are DAX will be shortly afterwards, it's a nice cheat, gives a bit of extra time to enter confidence. Getting there, sick though, mouth ulcers killer headache does not make for good trading sadly. Role on Monday and hopefully better health, business with a another few days like the other day will be closed SOON!!
7 SL is just stupid sadly, had 1 hit at -6 somehow so weird going on with longs there -1 and longs are +1 on my system think it would work out the Spread better, spread was 2 pips of the -6 aswell. Scores on the day I guess, barely traded +10 -7 -6 +8 +12 =+17 or +$425 Good week nearly at 2K with less than 2 hours of trading time
I mainly like the bigger profits, before it was 4 pips and out the profits are getting bigger. Had to withdraw $1500 this week, needs must allowing for it on my chart as plan to pay it back in. Getting there, TIME to focus on and master is what's sadly lacking
Mod's, 60 is speeded upto a 42 ( HGG fans will get it ), more useable I think today. middle line on the 10 is in, dotted and small but it's handy. That's upto range 0.01% aswell or 0.001% maybe. 6sma is speed'd up to 4sma HL/2 Should / Coulda traded that downward trend worth 50pips. I actually entered with the 10 on direction today, it lost but hey, random news event created a reversal, how anyone thinks they can predict anything more than 10mins out, with the amount of random news changing market direction. Getting much happier, I expect soon I'll just be in and out all day long and churning out $$$'s like it's toy money Weekend, bored already
Brief weekly over view of method, dax only as not trading anything else currently sidelined for when dax becomes useless again. Question is, am I better off without the 6 ? also needs to be answered!! WOT=Would of Taken ( might of even, buggered if I can remember ) Monday :- 9300 Support bounced firstly, 1 breaks up nicely, WOT 10sma downchannel starts, 42 kicks in on the action early enough to WOT Okay, Monday just rocked Tuesday, nice enough, 90% win rate I'd guess at ( bored ) Wednesday, Wednesday inception of latest method so nice. All fine, just need to get better at joining fast moving markets or atleast staying out of them and I'm rich by this time next year.
No trades today, useless am woman issues no brain, then got called out Got a plan to increase trading, no response from 1 mate yet, where they spot trades for me and text me, so I can get more and watch less which I kinda suck at. We'll see!!