Need somewhere to think out loud,

Discussion in 'Journals' started by Turveyd, Jul 29, 2014.

  1. Turveyd

    Turveyd

    Need to decide on method i guess before going live again.

    Really like ...

    Envelope 42sma 0.08 and 0.12, trading the range near the 0.08 was doing well with that, if you respect direction 80% win rate in choppy markets.

    Struggling on faster market conditions and to spot a 42 range breakout to and to exit quick enough.

    Never easy, trading DAX only!
     
    #4181     Oct 2, 2018
  2. Turveyd

    Turveyd

    New account and DAX closed today,typical :(
     
    #4182     Oct 3, 2018
  3. Turveyd

    Turveyd

    First trade in months and new broker +110 in 4mins :) could of had more but hey :)

    Looking like Envelope 18 0.05 and 0.10 is what I'm settling in, just playing the range, specialising in that.

    Got to settle soon bed money spend to damn much these days lol

    To many woman in the go :)
     
    #4183     Oct 4, 2018
  4. Turveyd

    Turveyd

    Only had time for 1 trade, hypothetically if i would of traded all day dax only.

    Weak up, join profit +20
    Break down loss, - 30
    Crazy hour off, no idea how it would go, if i tried.
    Too hard to be objective after fact, closed candles, not the same as moving.

    Curent setup.


    Envelope 11sma 0.05
    Envelope 18sma 0.10

    11 fits better for trend moves, 18 is the fall back range.
     
    #4184     Oct 4, 2018
  5. Turveyd

    Turveyd

    ICMarkets, seems quite good, Chat Support solved 2 issues quickly both my fault kinda.

    You can setup other sub accounts so Ctrader/MT4/MT5 with different Margin and change margin as required anyway, ECN ( costs ), Standard ( just Spread ), also limit my trading size by just moving not required funds into a holding account :) Keep my margin call near, get margin called, just transfer back funds from backup account, which becomes my max SL value kinda, easy!!

    2pts spread on DAX bad, prefered FXCM's 1, got used to MT4 but no 1 click Exit All positions button sucks, no single click in aswell, makes it kinda slow, but is single click if the order is open and ready to rock.

    Confidence is high, that I'll be living off this pretty damn soon, to be honest.
     
    #4185     Oct 4, 2018
  6. Turveyd

    Turveyd

    Few small trades, looking excellent.


    Learning to play method, not reverse big fast moves, its the small safe moves that add up.

    Closing dax long 20 bucks better than a loss, looking weak.
     
    #4186     Oct 5, 2018
  7. Turveyd

    Turveyd

    live Trade, shorted dax, near the upper 18 Envelope twice, +$210 :) Reversed perfectly off the top line :)

    Current setup, still tweaking around but getting smaller as I'm locking onto my method,

    Envelope 18sma 0.04% and 0.10% main trading range, start taking positions between the 2 really.

    Envelope 8sma 0.04%, faster markets or to time a slow down before a likely short term price move.

    5 trades in this week +16% that's a pretty good restart :)

    MT4 on the PC is okay, all these YEARS of using MT4 on the PC for charts, never once placed even a demo trade, first live trade just :)
     
    #4187     Oct 5, 2018
    Onra likes this.
  8. Turveyd

    Turveyd

    Another +$160 and I'm not even really trying :)

    Works best, when I'm not really trying I'll admit!!
     
    #4188     Oct 5, 2018
  9. Turveyd

    Turveyd

    Will I make Full Time by 1st jan 2019, place your bets, this is the 10th year I've had this plan and screwed it up, but trading better than ever.
     
    #4189     Oct 5, 2018
    Onra likes this.
  10. Turveyd

    Turveyd

    Growth Plan!!

    On account Doubled, Add $10 per pt :)

    Then on every double just add $10, aim is to trade at $40 per pt, leave the account around that level, 32K!!

    Doing it :)

    MTB time, before I do something stupid!!
     
    #4190     Oct 5, 2018