TEST F12 single candle styleeeeeeeee!!! UJ 9th May 9am ish. going up all am, HARD!!!! 20 Up Long 113.63 immediately, 20 turning down exit BE!! 20 Down Short 113.66, exit 58 + 7 Short 113.64, exit 60 +4 Nice, it's back to scalpy again unless it breaks out of the 20range while I'm holding then, hold on tight and switch to M5 type rules.
I'm 99% sure I've tried this exact setup and plan before, okay it's never the same live, maybe I tried it on a few very odd days ?? maybe I just couldn't trade it live ?? I've done, loads and loads hours of testing and it just keeps rocking. Right this is LOCKED SOLID 100% TIGHT, this works, it's relevant, it's not just random chance lining up, if I'm not making damn good $$$'s making this, it's not the method, it's me, fix ME!!! Time to get rich!!
TESTING!!! UJ 15th May 9am Short 113.66 Exit 63 +2 ( allowing for Comm ) Base put in at 63, odds are it'll turn up from. tad lower, up then down hard. Risking Long 113.61 Long tight SL. didn't take 66 exit SL -5 arrrseeee!! Downtrend in play, Short 113.57 holding till 10sma taken out I guess.. Exit 46 +10 ( saw 42 ) Stalling Long 113.42 SL 38, 10 turning up exit 39 +6 20 uptrend, turning down, 10 down, slowwwww ahhhh news mass sell off 1:30pm Risk 113.30 Long, SL 24, exit 43 +12 went to 60 dratts Uptrend back in play. Okay I'm not Sim trading it right okay +25 there, but should be more jump on 10 and 20's matching direction near the 10sma, better position = 2nd position breaking the 20's range = RUN SL out!! Time to trade = looks the worst, time not to trade is, looks great!! always
Method is working, gives a clear feel still for direction. When 10 and 20 line up, you basically make enough pts to make what your risking worth while, which is most of the battle. IF I can learn to trade this simple method live, get out at the first sign of trouble and not counter trade my own damn method, which then kicks my ass, then by the end of the year I could be well on the way to not being POOR as Feck!! LOL You lot trade to get rich, me I trade to not be poor for ever ever!!
No trades as yet, bank holiday GB and USA I see, that's why lack of Momo!! 9am area, few trades but I was sleeping ofcourse. So I have 1 setup, only 1, I stick to that 1 setup, I don't get creative, I make $$$'s simple as. Setup is.......... Jumping on the 10 and 20's matching direction, near the 10sma better price towards the outter range if possible, but not essential, further it gets more odds on momo failing. EU just had a setup, I considered short 1.1186, exit 78 +7 after comms, do me. Exit at loss on 10 changing direction or 10's range failing, I was going to go out to 20 range, but if 10 changes good odds 20 will fail. That's the setup, that's what I do, that's all I do, get that in my head, stay out of choppy slow markets and 80% sure it'll make $$$'s for ever more!!
As it's too damn slow to trade, back testing!!! UJ 30th Mar 9am Simpler, W = Worked , L = Lost , C = Confused. WWWWL
GU is a short here, 1.2842 area lets do a live Sim!! SL 87 10's going north, if 10sma fails to break then I need to bail pdq. exit 36 + 5 Simple as, not getting much on slow day. EU setup short worked to. EJ also worked. Profits where ofcourse LOW!!
Looking like I'm onto something here, no live trades as yet, still watching, getting head around it and playing a zombie game but yeah!! soon!! Confidence to pull the trigger at the right time and exit at the right time, profit or loss and hey presto good money shall be made 20-30pts per day profit would be more than enough for me.
Method just keeps rocking, busy busy busy so likely Thursday start trading, just watch till them. A tad scalpy is my ownly concern, a lot of trades only going 4-5pts on UJ, can hold longer but gets gambly, tricky tricky, and if you don't Comm's eat you alive, hmmmm.