M5 change of plan no 4 LOL Over complicating and over confusing myself as per always. Simpler plan, 12sma + MAE 12sma 0.06% SIMPLE AS!!! What's the direction ?? Jump on it!! Set the SL outside the range and hey presto, profits, or maybe losses find out, likely screwed next month some time
lol direction is usually confirmed during euro session when either today's high or low is taken out. All the best with your trading uncle Turveyd
Sadly, ALL BORING Super fit blondie from last December is no longer working at the gym Took Tinder off, all I get is REALLY fat birds, last 1, trying to make her feel not so bad, said don't worry I've got a belly to, told her my weight and interest LOST, like 3x's fatter than me, arrggghhhhh!!! It's full of perfect hunks and very few woman, so the perfect hunks are slumming it with the fatties and the fatties aren't interest in average at all, arrgghh!!
Simple 12sma rules are working great, I have the old trust issue on direction, but if i use a 18sma in a 18/12 cross for direction then that's looking a lot stronger than the M1 trials. Shame that move slapped me sideways yesterday, few $$$'s would of took the edge off the shitty week. neednewlife.com this 1 sucks!!
Quick test, Zero trades as expected!! UJ 9am ish, long 111.37 out 63 +26 nice Long 114.46 - trend turning - LOL I'm holding counter trend, looking for a cheaper exit LOL BE 111.46 out!!! Short 111.46 - slowing - exit 111.26 +20 Good enough for tonight, the 12/18 M5 Cross works very well.
Still developing M5 logic, Thought so far.... Back to simple 7sma and mae 7 0.04 and 0.07 and 12sma for directional momo trades. Cluster reverses also seem stronger, got to be mindful of this as Cluster reverse moves are very likely to change direction. Uj cluster continued lol buy EJ cluster reversed. Cluster trades tight sl, but not to tight as last SL run the norm.
better do a test of today, see how it looks I guess. UJ 9am area. Turned up, looking to join, went a bit. L 111.36 Exit +10 Cluster L 111.33 Cluster Exit +10 ( I think this 1 broke up )
Confidence growing, called a top on usdjpy after it had turned only 1 position but quick $150 no worrying about comm cost lol Secret is early jumping on a turn or jumping on a pause to reverse last move. M5 suiting me better, I'd of scratched around with 10 trades to make that previously at higher lot sizes and been stressed to feck, me likey trying to avoid going back to M1 again.
Trading a tad more today, not going great mind but hey!! First trade USDJPY Long, turned up chanced it, didn't LOL -$45 2nd trade about to hit SL, pausing risk a 2nd position danger tight SL as prev low 111.78 Trying to get into the small lose, let winner run big gain mentality in short.