It chopped, used the low to buy 2 more positions and got out +$190 over all, risky as could ofcourse broken down, nearly bailed for -90 a few times, glad I held strong. US30 and DAX not really copying each other today, which is annoying as that really helped
Wish I'd of caught the open spike to 56, loads of money!! School run, trade from mates, Gym and Swim then work Nooooooooooooooo!!
No more trades +$201 today, good enough!! No idea, if I'd of kept holding my short term loser, had finger on the exit, thinking at the moment is, when I see say -$400 so 10% Then I call that trade a day and exit all!! Guessing to slow, till president mid term BS is all over
Up $61 today, just to slow, no follow through at all, not a down day I shall take it US crap all over, back to jumping on wild swings baby yeah!!!!
Minor tweaks....... 6sma based, 6sma, envelope 6sma 0.03% and 0.05% tighter, wasn't getting near enough to 0.04 or I was waiiting for 0.08% before entering with momo and never getting in basically. Tighter, less to lose as realise sooner on the wrong side, well hopefully. Missed the good market conditions into the close, more like it.
Having looked through some of your posts its not clear what your trading strategy is. It seems to use two moving average envelopes although sometimes you use one MA with two envelopes. For the case of two MAs each with an envelope, is your method to enter long when the fast upper band crosses up through the slow upper band, and enter short when the fast lower band crosses down through the slow lower band. Or do you use a reversion method and enter short when the fast upper band crosses down through the slow upper band, and enter long when the fast lower band crosses up through the slow lower band. If you only use one MA with two bands then there are no MA crossovers so are you looking at where price is crossing each band and then entering a trade?
Its never a cross, too slow, direction and range is key. Setup 6sma, envelope 6sma 0.03 and 0.05 If the 6sma direction is down then I'll look to enter short with it near the 0.03, 2nd position next 0.05, bailing on a strong break out from range, if 6 changes direction mid trade then lol at exit where you'd join and reverse. If the market stays in the range i make cash. If the market stays in trend i make good cash If the market breaks out i take a bad loss. If the market turns mid trade, i get out quick generally small profit. Dax and us30 work well M1, gbpusd and all most FX work well via M5.
Need to move to spain the calm and peace and no work, school runs allow me to focus and make money, this week lol no chance.