Enter with trend, Long on this pull back, 20pips to get 1/2 my lossed back, what are the odds, well ZERO could uptrend into the close, but won't cause I'm long LOL I SUCK!! got to get above out of my system or well just doomed, tight SL's no moving SL's, no being an unprofessional emotional little girlie!!
TAD happier, that's how it's supposed to be done, in 33, out 44 +$560, moved to quick expected 48 bit miffed but hey got some back LOL Still -1.6K on the day.. That sold back quick, didn't fancy repeating the trade I'll be honest, typcially want 20pips for a quick +$1000 at my revenge double lot size LOL back in long, x2 going higher on us30 more to come on DAX maybe
16400 broke, DAX running out of steam end of the day, out 54 +11 +$560 Put me -$1000 on the day but still +$1000 area on the week. Lesson learned, if I trade chop and trend turns up and I start hoping for a pullback just EXIT and run away. Speeding the 10sma upto a 8sma it fits the lows on that up wave better. Nearly went long 42 be +8 here drattsss. SL back to 10 aswell, just enter better fool 15 is too much room to get myself in the trouble LOL Mentally, I started trend trading and get back 1/2 of my losses, so after a stupid screw up consider it a win, I said uptrend no shorts then short then UPTREND goes wild doh!! Get it back next week, then lose it again, better run away before I do something really stupid LOL
SIM TRADE MODE ON!!! 8's turned down Lets Sim trade a short at 8837 SL 8847 build confidence in entering with the 8 trend. 8830 is support Need to keep it simple, current direction is X, enter with, make some, EXIT!! +10 here, it works, WHY can't I use it LOL
Noticed something aswell in this MESS!! Change the 42 to a 24, so it's more of a direct this is the direction, don't trade against!! or DIE!! I know have an objective I'm an idiot, if 8 is higher than 24 then LONGS only. Momentum dried up when the 2 crossed, should of taken the 50 area short. On this move up there was 1 fake downtrend and 1 touching ma's before the last run. So test the theory on the day....... uptrend, Various pull backs do the job. 9 turns down, maybe a lose, trend flipped to down. shorts near high 9 work work and work. Upmove breaks out of 9 range so no shorting, signal uptrend is too slow by 2 mins but hey. Pull backs on that uptrend all work, till the turn down. Turn down is short lived, entries fail and trend turns up again 4-5 pull backs which continue up. Turns down, slamming down move for 50pips, enter with if you can, near the 8sma Yes it's working, picks enough profitable trades to more than counter the losers. NEW RULE APPROVED!!
I think I should of kept trading.... ohhhhh just thought of something new LOL ( well old being re adapted ) 9sma Envelope setup works in high speed low drag markets, there is a LOT of that recently. Slow that 24 down to 33sma add envelope 33sma 0.01% then I have a slower trend. Last hour or 2, I'd be playing shorts still as 9 lower than 33, which would be doing fine, no moves over the 33 range no reason to exit = all profits!! The trap to avoid is using the range counter trend cause the counter trend side doesn't and won't hold it will frequently murder it. Top of 33 and 9 here, if I was still Live and playing, I'd be shorting it, coming off a long ish bottom though so could be a turn back up into the close maybe. Yes this is pretty much an earlier plan, which looked well awesome, but I didn't have the skills to trade live, hopefully my skills have improved due to baptism of fire to a level where, my skill level will allow me to trade it. 9 over 33 just, if I'd of shorted I'd be getting worried here Out here +9 and Long 8810 as we are uptrend 9>33
Went to 8807 ( at ask, 2 spread ) and up so far. I think better off eye balling the 33's direction, so this long wouldn't be wise, could say 33 is flat, downtrend is dying out and we are in chop into the close, maybe that into the close run we seem to get. US30 is still 33 down. Out +3 this is a bad sim trade.