Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    average added, cause demo trade

    Long NQ 9441, 2nd position 38.
     
    #5451     Feb 7, 2020
  2. Turveyd

    Turveyd

    exit 47 +6 and +9
     
    #5452     Feb 7, 2020
  3. Turveyd

    Turveyd

    Demo +67pts and no losers, TYPICAL!!

    No trading at stupid just after open times, muppet!!
     
    #5453     Feb 7, 2020
  4. Turveyd

    Turveyd

    Method fine might tweak slightly ema or sma 12 to 8 so thats the baby.

    Discipline to do the right thing even if sometimes it end up being the wrong thing.

    I'll crack this this month!
     
    #5454     Feb 7, 2020
  5. Turveyd

    Turveyd

    NQ 14th Jan 10:00am gmt test!! ( Vague, where there is an entry and it either moves to profit or SL )

    DC -2
    DC -9
    DC -2
    Trend +20
    DC 0
    +5

    Cross doesn't work, it's to mechanical, removing :(

    WTF NQ 10am, MUPPET DAX!! arseeee
     
    #5455     Feb 7, 2020
  6. Turveyd

    Turveyd

    DAX 14th Feb 9am GMT, NQ Closed so no trend, surprise surprise.

    Long +25
    short +25
    Short +10
    Long BE
    Short +8
    Short BE
    Long +25
    Long +8
    Short +5
    Short +10
    Short +100 seriously, yeah no way I'd sit on that LOL

    It's simple, logical and just keeps working, hooorraaaaaa!!

    On the other hand, sometimes I'm most excellent and some times I suck and give back the weeks profits in 30mins or less

    NQ 14, 15:00 lets see if better when open.

    14:30 trend down starts and reversed 5 times perfectly no SL's 40pt move value.

    Up move, perfect down move.

    Avoid Chop conditions, then it treads water if I'm quick at bailing on direction change and it's sweet!!

    Demo Live till profitable for 2 days in a row then back to $1, Demo, $1, Demo $1 repeat till profitable $1 then increase $1 and retire!! simples.
     
    #5456     Feb 7, 2020
  7. Turveyd

    Turveyd

    Justine is back LOL she thought the girl in my car 2 weeks ago was Lisa (42) when really it was my Kid ( 22 ) and figured can't compete with that, all sorted maybe LOL
     
    #5457     Feb 8, 2020
  8. Turveyd

    Turveyd

    Better do some testing and learning ( not going out side, 60mph winds and torrential rain can't see to the top of the garden, not that I ever look that way, so no biggy )

    DAX 21's Jan, 10am go..

    Long 13483, Stalling exit 91 +8

    Bored already.

    I see what's needed, quick thinking, quick SL tightening beyond my EA to keep losses to a min, quick profit taking frequently, if the market is hanging around and I've got profit, just out, always another trade, it'll only turn on me, so no more swinging for the fence.

    There Scalps, get in, gets some, get out!!

    Anything else turns into, I won't lose, move the SL, only needs another 60pts and it'll turn around, SHOOT ME!!
     
    #5458     Feb 9, 2020
  9. Turveyd

    Turveyd

    Demo day or 40 depending on how it goes, ohh the joy!!

    Up 37 trading NQ tonight!

    Need to recheck the RULES and print I guess and stick to back of PC ( rear faces me, easier to connect stuff and swap the games PC )

    +31 direction change take small loss, setup short.

    Yes I need to wait for Strength,that's what I need to get head around on Demo really, moving a tad or proper, hard to judge with chart scale all over the place.

    10sma based, is too knee jerk changeable, it'll drive me NUTS!!!

    13sma based looks better, smoother, 0.04 and 0.07.
     
    #5459     Feb 9, 2020
  10. Turveyd

    Turveyd

    Plan still being developed and finalalised, modified to..........


    Plan is :-

    1. Take position on a small pull back and/or pause with the 13sma's direction and right side of 42Ema 0.01%, near the Mid point or in the 0.025% area, ( best educated guess )

    2. if 13sma changes direction after entry, at a enter rule point, exit. ( in profit or at a loss )

    3. SL at the 13sma 0.06% range ( Min 6pts at open, Max 10 ) ( provided by EA and Trails to reduce risks, in place already )

    4. Hold until, varying on market conditions.
    Weak. Take profit near 0.05%
    Strong, Hold until 13sma changes direction ie rule #2 to flipping sides.

    5. Single Position only

    6. Repeat till rich or dead.



    Additional......

    envelope 42EMA 0.01%, only taking longs above, shorts below, so a longer market view increases odds nicely from the look of it and also increases confidence in taking a trade.

    Small, revisions!!!!! Nearly there, demo trades only limited time but +27pts all looking good, not counting as a day as 30mins tops, might just of gotten lucky ( be a first )
     
    #5460     Feb 10, 2020