Tweaking method for how I want to trade these days. Envelope 10sma 0.08% over all direction and range, to trade with 6sma + Env 6sma 0.04% main trading channel. Rules......... If 10 is pretty flat then ignore 6's and play chop range. if 10 is up and 6 up, then look to enter long in the low of 6's channel. I've put the AutoSL back on which will track at 10sma 0.09% just outside my 10's range. Likely move SL up tight and under the 6's range most of the time, but atleast I can trade 10's range setup that way. Reason for change, I was getting to random and getting chopped yesterday, need a more defined entry and exit plan, also losses where to high on some trades, why need simpler exit logic. Sooner or later it'll blow account and as I've got to trade this till dead, kinda means I need more professional objective setups.
DAX long lower 10 entry 10849, SL moved upto 45 just auto. 6 downward, so guess not to carried away and flip direction @54 if possible. Not sure if low 10 entry outside of 6's range is a sensible trade yet, for anything more than a tiny scalp, and don't just want tiny scalps so we'll see how the next 20 go.
1 trade, kinda got lucky but risk to reward made it worth it, 5pt risk, got +26 so guess worth it, even if only a 40% profit chance. Method looks good, few days before I start full time hammering it, mainly watching. Watching, but tired so not expecting any trades but we'll see.
DOH long NQ 8741 went to 56, wasn't paying full attention, sold back hard, SL 35 -6. had +15 briefly would of been nice! Proper happy with method mind
Seeing GOOD trades, but nah looks bad, obviously can fail, but not confidence low, so just not clicking the button. Must kick own ass!!
had a setup, NQ short 9934, couldn't push the button, only went to 30 before the 6's low kicked it up mind, which I didn't trade either. Lets post some sim trades here, try to get confidence back, lockdown depression kicking in big time.
NQ 10+ 6 + long @8333 SL 26 if it hits, pretend limit in. too low, didn't get filled arseee!! Plan is, plan it ahead, set a limit rather than hesitate then pay 3pts more after the fact or totally wuss it. So limit on the screen and I drag to area I want to join simples. Live Limit NQ 8941 , lets join up move.