Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Monday is reserved for trading day except school run, no pressure but damn I need to keep making and stop giving it all back in 1 quick go.

    To hell with the personality less bankers, less Ferraris for you guys, I’m taking a small slice of your pie, about 2 ferrari tyres.
     
    #4351     Nov 25, 2018
  2. Turveyd

    Turveyd

    Got 2 screens with old Envelope setup and new BB setup.

    BB 20 1.0 and 2.0
    Envelope 5sma 0.02 for fast moves.

    Trying to go with a single direction, enter near 20sma with trend SL out to 1.0 or 2.0 if entered near 1.0.

    2 variables confuse me and create zero trades.

    Flat markets, trade BB range.

    Fast momo join the 5.

    Trundling up low 5E is calling the lows.


    Slowwwww today, no trades :(
     
    #4352     Nov 26, 2018
  3. Turveyd

    Turveyd

    Definately looks like more percieved information, useful ?? Just reversed up off the low 2.0 BB, hit the high 2.0 BB and stopped, but then continued higher with the 20sma's direction.

    Other Envelope based chart, not a clue what's going on as Envelopes are too wide for this slow market, BB self sets itself.

    Market failed to make new highs and is threating to turn down, bit more confidence then look for a cheap SL entry to join short, risk 7 to make 30 plan.
     
    #4353     Nov 26, 2018
  4. Turveyd

    Turveyd

    BB method called short entry at H1.0 11332 - SL hit 11340 -8, reading as uptrend, still WEAK!!

    Envelope method, no entry, reading as uptrend

    Both pulling back, both saying Long @29, SL BB 23 , Env 18

    Too weak to call anything, off to work :( see what it did then, back in Demo mode while I decide which way to go!!
     
    #4354     Nov 26, 2018
  5. Turveyd

    Turveyd

    Cant get head around BBs, back to Envelopes, there to confusing dont trust them.

    Made 90 just live, but didnt feel good, sloppy entries got lucky it spiked up nothing more.
     
    #4355     Nov 26, 2018
  6. Turveyd

    Turveyd

    Got lucky, spike i exited on being scared reversed and world of got sl.

    SL was to far away, 2 positions looking at a 250 loss of not for getting lucky first time ever ever.

    Fixing method arghhhh
     
    #4356     Nov 26, 2018
  7. Turveyd

    Turveyd

    Still not happy, going simpler.

    Envelope 5sma 0.02%
    Envelope 9sma 0.04%
    Envelope 13sma 0.06%

    Simple rules, play the ranges with direction, play the 5 range and the 9 range, or the 9 and the 13, SL on 13 failing, weaker markets leave entry to near the 13 0.06%.

    Simpler, more logical, easier to see direction and trade it and SL not as huge as last trade, wayyy to scarey!!



    No MORE Searching!!
     
    #4357     Nov 26, 2018
  8. Turveyd

    Turveyd

    And it's the time of day I test the new fangled better than ever before, watch it fail miserably live method, getting too old for this plan of random method's and trialing and deleting LOL

    DAX Nov 6th 8am start GO!!

    Why every time I sit down to trade or demo trade I get a sneezing attack, every damn time!!

    Between, sneezes, major downtrend, currently sideways between the 13E

    Broke up, to thin to call after that selloff.

    5 Rules, 2 positions max, Long 11493 - SL 79 , 2nd 11485 - SL 79 - just held on out 94 +1 +9 not worth the risk, 5 entry issue!!

    5 - Short 89 SL 99 - basing exit 80 +9

    Short near 9 11483 - SL 89 NICE exit 11449 + 40, dropped off the planet that 1!!

    Wait 20mins after a major move, not here to gamble!

    All Envelopes back inside, volatility over maybe ?? Nope CHOPPY As fuck!!

    Okay, looks to be over downward, Short 11462 - SL 11469 SL hit, waited for continuation FAILED!! -7

    Long 11460 we'll see, if going up SL 52 - Repeat saw 72 hit SL -8

    Envelope 13sma 0.06 looking at being poor!!

    Missed a turn up cause of 0.06, should of took SL under the 5's range.

    Running it again

    Envelope 11 0.07
    Envelope 7 0.05
    Envelope 5 0.03
     
    #4358     Nov 26, 2018
  9. Turveyd

    Turveyd

    Use 11 for direction, not really for SL, make the 7sma's 8 sma aswell.

    Turning down, short 11490 - SL 95 - SL hit - 5

    Down short 11486 - sL 92 - dropped off got in early Exit 40 +46 ish

    This is cheating, onto another day!!
     
    #4359     Nov 26, 2018
  10. Turveyd

    Turveyd

    26th September 9am

    Uptrend Long 12353 - exit 60 +7

    Sideways chop Long 12353 - SL 47 - exit 62 +9

    Flip short 62 - SL 69 - Exit 50 - +12 other side of range.

    Flip Long 51 - exit 64 +13

    gaining upward not flipping

    Cluster Long 58 - SL 51 - didn't hit exit stuck in - turning down out 51 +3

    Range L 54 - exit 61 + 7 BOREDD!!

    5 Envelope is USELESS, runs out of steam to often :( deleting!!

    Make it Envelope 8sma 0.01 + Envelope 8sma 0.04 and Env 12sma 0.06 tighter!!

    1:30pm still going, been a SLOW day!!

    Short 8 0.01 rule, 12349 - SL 12355 - exit 44 +5

    Adding 22 0.01 longer trend filter back in.

    Short 12341 - SL 48 - exit 36 +5

    Short 12341 - SL 12346 - exit BE too quick to get bottom!!

    22 up, Long 12343 SL 39 Over stayed SL hit -4

    22 makes Env 12 obselete, DELETE LOL Slow 8 to 9.

    Turing up over 22 Long 12345 SL 39 - exit 61 +22 nicer!!

    Long 22 pull back / 9 low Long 12354 - SL 49 - exit 61 +7 crap still going

    back in Long 69 - out on spike 83 +14

    Long 75 - SL 70 - exit 78 +3 went 90 :(

    22 break down, short 12378 - Saw 70 but Exit BE
     
    #4360     Nov 26, 2018