Bailed -20 on Dax, was +100 nearly took it, and bang reversal odd time for news or just going into the close blip I guess. Only -20 keeping it small, nearly took the +100, it slipped waiting for back over and denied LOL
Think, I've finally been beaten into a trader that doesn't take chances and let losers run, about time, took wayyyy to long.
+$250 lets call that a day, feel the STUPID and Gambly get rich coming on. NQ Volatility is Tiny aswell today, massive move =14pts, normally gets me 30+ for the same setup. Tip Run and see a fit bird
Had a Watching afternoon to work on entry looking great. Lost the 5 LWMA HL/2 instead back to 2 x 5LWMA High and Low like the original, good entry channel with trend, had a Limit would of just filled, but pulled it as last 30mins gets too crazy, banning this time. Keep my +$300 today maybe LOL
Tonight is an easy move into the close, nearly took a Long 9971 didn't get to the button in time, quick +$200, heading back to 10K damn I hate 10K. 6months time, still trading NQ with a tiny range around the 10K level Not feeling the need to jump in just as it tops out tonight then hold down and back up again LOL
Finding it hard no impossible to push the button today, despite it being the right button pretty much every time I went to, Fridays don't want to ruin a good week I guess. Settling into the routine..... 1. What is the direction based on 12lwma and also the 5lwma? ( say up ) 2. Wait for a move to the 5LWMA Low area. 3. Is it likely to crash through ?? ( coming off a support area or slow and strong ?? ) 4. If NO then, click Buy!! If #2 doesn't happen or I miss it, don't sweat it, they'll be another #2 to take / miss later, keeps the risk small and the profit potential higher, simples. If it then does a #3 anyway, no a worry, auto SL in place keeping those losses in check. Repeat till Rich or Dead!!!!!!!
-$240 here, new I shouldn't of bothered, guess the 12:00 UK time, mad moment, I'll remember this. 2nd short popped through, 2x's the expected SL, was short DAX 12401, jumped up slapped me, then sold back to +20pts, typical!! Reversed right off the lower 5 aswell, I was thinking exit go long, hmmm, too late. Chart, Green boxes where perfect trading times, outside the box ( just when I started to trade ) BAD times.
EU Summit must of concluded, or BI further easing, bit random to affect the DAX. 2nd trade my bad, should of waited for a calm market. Add " Is the Market relatively Calm and flowy ?? " short dax 12409, crossing back under the 12lwma and 5 Downtrend, continue down ??
LOL Fridays, -$322, phone went work crap SL hit -$80 Standard Auto SL would of held to , SL was at -$60 slipping bad on DAX today, $90 slippage costs in total aswell. If I'd of joined last trade at correct place +12 then obvious turn up +20. Issue, lost Cornflower Blue from the charts doh!! Simplified...... Just 4's, 4 LWMA hl/2 and Envelope H + 0.03% and L -0.03% the 4LWMA gives a good, hit and reverse rate, everything else is BS. Ahhh Crap I added, the internal H and L without extra yesterday, after trading. Stop messing!! WORK!!! next week, no more today!!! doh!!!