Back to Live just, bored on demo. loosened the rails a bit so method..... Envelope 7sma 0.07% ( SL at 0.08% level ), easier to spot chop and filter out fake 5 based moves. Envelope 5sma 0.01% and 0.05% fast enough to jump on fast momo and ride it!! SL backed of to 5Min, 8max!!
Too volatile, stay out, put the hero mode away, wait for a slow trend maybe medium then either join and ride if medium or scalp if slow. Shorting just would of worked, but high odds on SL being hit before hand, without tight SL then too high a risk of huge profits and emotional and screwing it up. Greed and Hope need removing!!
My Calm is returning Seeing Direction and when to join and also the Waves where up move dies out then when to enter with a tight SL to reverse, where as currently I've been jumping on the previous up move, the being stubborn thinking it's just a minor pull back outside of Spec so moving SL. Doing a practice here http://www.lmitrade.com maybe funded account and over watch / rules might improve my madness at times.
Setup is rocking, getting a good feel for entry, but I'm TIRED and can't pull the damn trigger again, going for a walk try to wake up!!
3 trades, trend change -$60 then jumped on DAX same way so caught the same trend change 2mins later doh -$60!! then pulled back +$80 so -$50 on the day, not bad for a friday I pussied out of so many good trades before the wrong trade aswell, lol.
I was short NQ for that massive down spike +$300 then reversed popped through SL and closed -$50, arrgggghhhhhhhhhhh!! Jumped on it's 2nd run up and made +$70 bailed right before it popped higher as always. Method I'm prefering, cause I'm watching all setups live is........ My........... Envelope 8sma 0.01% Yellow main direction, I tried a 0.06% range off this, but to SL costly. 4sma + Envelope 4sma 0.06% ( SL at 0.08% auto and following ) Trade when 8 and 4 line up, near as you can get to the outter 0.06% line ( takes Balls as SL so tight ) and hey presto. If I had any balls I'd be doing well LOL -$30 on a Friday, I consider that to be most excellent!!
Long NQ 9438 this is working Exit +$120 in about 30seconds Right +$90 on a friday, which is a miracle, time to back away and go for a bike ride maybe. By Monday, I'd of forgotten the plan, lost confidence and have to start all over again LOL 8's direction, with 4 0.06%'s range, don't move SL keep losses small. No was about to click long went +250 in seconds, short lived mind. change.... Widening 8 to 0.06% same as 4 0.06% width wise a break below is good odds next up move play the 4's direction down, ie spots changes in trend better, maybe.
+$120 today score at the end, not too bad. +$270 on the week, way below target but still positive so it'll do. Still not getting any runners exiting about 30seconds too soon on the stall like I should, extend by 1min I guess. Try harder next week, although seeing J so and work so maybe not. Still could make +$270 in various 5min moves todays, so it's nothing, need better results.
Trying to finalize method, then master it. Envelope 8sma 0.06% directiona and range to play the 4's range with. Envelope 4sma 0.01% and 0.06% main trading range and direction to ride. SL auto not trailing Set at Envelope 8sma 0.08% Min 6 Max 9 loosened it off, I'll diy tighten rather than fight with it then switch it off the screw it up LOL Lets see, if market can resist turning on every direction I enter this week, which is how it felt last week, still keep losses small keep playing and confidence high with some runs it'll come out massively ontop. subject to change by 30mins into market opening soon LOL
Too slow a version, better was on tablet.... Trying to finalize method, then master it. Envelope 6sma 0.05% directiona and range to play the 4's range with. Envelope 4sma 0.01% and 0.04% main trading range and direction to ride. SL auto not trailing Set at Envelope 6sma 0.07% Min 6 Max 9 loosened it off, I'll diy tighten rather than fight with it then switch it off the screw it up LOL Lets see, if market can resist turning on every direction I enter this week, which is how it felt last week, still keep losses small keep playing and confidence high with some runs it'll come out massively ontop. subject to change by 30mins into market opening soon LOL