1am testing time then SLEEP!!! Dax first as Dax up first in the am.... 8th Jan 10am.... Turned up, join if possible, L 13145 SL 40 Exit 85 +40 nice break out L13174 SL68, Exit 85 +11 Too soon!! LOL +25 more there. Taking too long, testing 42ema logic as that's new only. Loser, too crazy a day, 9th 42ema rule, noticeable increase in win rate 75%, doesn't cost that many missed trades so RULE allowed. Discipline is the issue left on the table, to not break those rules, not get creative, not move SL, bla bla bla, that's focus rest of time I guess, not the method as well tuned. Fit Demo around work
Worked 42 into the plan and 13 ( my lucky number, well I tell people cause 13 unlucky and freaks them out, don't really have lucky numbers ) but 42 Don't Panic cool number for all your hitch hiker nerds out there.
It is the answer, yes. But now you just have to be a cool frood and define the question, lest the mice get to you.
Demo trades going well, bouncing off the 42ema making it just too damn easy today to be fair. Work, today Demo along side, work tomorrow likewise, back in at $1 on Thursday is the plan. Some waiting boredom issues, with waiting for 42 and 13 to line up but worth it, can trade via tablet for gym or walking around the town / local hills, so more of that, less sat here bored!!
Starting to trust this works and only way I'm going to be long term profitable. Worried too much about missed trades, where as know prefer my profit odds increasing.
Back to 10sma based, 0.025% and 0.05%, 13 just becomes a range direction tad too slow. Back to Live trades screw it, baller mode!! DAX long 13713 SL 13706 and climbing.
Exit 36 +24 nice!! 42ema is the king, trading with and not being greedy enough to take every just 10 based setup is key I'm finding. PROGRESS!!! Been Slow, but if I live long enough might be totally worth it LOL
Plan is :- 1. Only Take positions based on 42ema 0.01% Above longs and vice versa, if 42ema flat then range trading acceptable. 2. Take position on a small pull back and/or pause with the 10sma's direction and rule #1, near the Mid point or in the 0.025% area, ( best educated guess ) 3. if 10sma changes direction after entry, at a enter rule point, exit. ( in profit or at a loss ) 4. SL at the 10sma 0.06% range ( Min 6pts at open, Max 10 ) ( provided by EA and Trails to reduce risks, in place already ) 5. Hold until, varying on market conditions. Weak. Take profit near 0.05% Strong, Hold until 10sma changes direction ie rule #3 to flipping sides. 6. Single Position only 7. Repeat till rich or dead.