Quick Test before I fall asleep, GU approx 9am today GO....!!!! DT Start shorting 1.3113 SL 1.3126, S 50% 1.3113 SL to 21 Direction change out 15 -2 UT L1.3115 toppning out +4 50Range L 1.3107 50% , moved to UT, exit 50 +43 YESSS!!!! Killed with Birds!! ( Just watched Last Ship, if you watch you'll get it ) 50 UT join 1.3147 50% + 3.3143 25% Stalling exit 1.3173 +30!! Don't start trading till 10am, get over the news direction changes then sweet all day!! Better check Margin requirements bet they've got WORSE again EU slightly worse stick to $4 then $2 then $2, not far off $6 $3 $3
Over Thinking = not taking trades!! Need a tighter cleaner ( maybe not more accurate ) reason to place a trade. Dumping the BB 50. Adding 42sma, basically a slower direction to play the BB 24's range with. Time to pull the trigger soon!!
Actual trade omg.. Usdjpy long 75% in avg 112.376, nothing to exciting unless it breaks up widely, currently countertenor SL tight. But hey taking chances, accepting them it's a start.
Quick $40 on usdcad only in 50% aswell, confidence is high very high, trend and ranges feel very well defined Added BB 24 3.6 outter marker really. Don't see a lot of point tweaking method, it works just get better at using it. Plan is to find 1, 2 hour window per day 10am till 12pm looks like a good bit of trend, if un available 6:30pm till 8:30pm work, or 4pm till 6pm after school run, target $100 per day, made $70 with 1 hour screen time today, so in theory easy. I can live of $100 per day, easy peasy. Cash flow is okay till xmas, yes goal is jan or Apr 2018 full time, ditch the company, lets not screw it up this time. Get back trading fool, I need to make money!
Side note swapping usdchf for usdcad much better trend strength and 1/2 my margin cost, which is normal almost, everything else is double. Might become my only trader for PM trades, need to back check charts for spikes from news mind, Brexit should effect at all, but Trumpy and tweets to NK always an issue.
Usdcad is a very predictable mostly trend pair, defo until this changes my default pair, I will still scan through the other 3, but this will be on the ipad most of the time. Progressing after a long long 4 months of trading, got very very near giving it up, but its income has dug me out of a hole a few times, full time for sure this time.
Too damn tired this week, literally fighting to stay awake, holidays hey. Keep missing entry time as not watching enough, zero trades today.