Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    First live trade bailed BE exactly, kinda hit the buttom then regretted.

    12 flat, just breaking below the low, 4 coming down so bailed.

    2nd trade, -$130 ouch, broke my rules, jumped to +$90 in seconds, then reversed, made me emotional and SL movey, bailed before US Open and good job aswell, as MADNESS!!

    Down move being reversed perfectly of the 4's and 12 LWMA's mind, perfect.
     
    #6051     Jun 22, 2020
  2. Turveyd

    Turveyd

    +$100 jumped on DAX 10 up, 4 uptrend, got in low 4 and quick $100.

    Got worried 4 upper became flat, price rejecting, but SL was tight so all good.

    Should of held, breaking up.
     
    #6052     Jun 22, 2020
  3. Turveyd

    Turveyd

    Limit order to get back in Long, missed by 0.1pts numerous times LOL then ran 15pts LOL the universe hates me LOL
     
    #6053     Jun 22, 2020
  4. Turveyd

    Turveyd

    YM major sell off, NQ nah not intested, It's all gone nuts :(
     
    #6054     Jun 22, 2020
  5. Turveyd

    Turveyd

    Got to retest 10,000 soon, must be missing it you'd of thought.
     
    #6055     Jun 22, 2020
  6. Turveyd

    Turveyd

    Took +$100 when YM did nearly 100pts alone :( typical.

    Method, too complex, making make stupid trades, works but live useable ? tricky.

    New method

    8lwma HL/2
    8Lwma High
    8Lwma Low
    Envelope 8sma High 0.03% ( top only )
    Envelope 8sma Low 0.03% ( bottom only )

    Logic, much simpler, guage direction, join direction, exploit chop with direction, KISS!!!

    Too many twists and turns with a trying to judge of 4sma method.
     
    #6056     Jun 22, 2020
  7. Turveyd

    Turveyd

    +$100 on the way up just, much easier logic.

    So back to trading Trend with 8Lwma's direction, KISS!!

    Change, is cause that just chopped me to DEATH and back nearly.

    -$300 on the day, not a good day, it's turned up, crap bail, -50, it's done that, crap bail, mainly DAX being a PAIN!! in the ass.

    I was doing it on Demo earlier, but real $$$'s is a different story.

    Kinda noticed, the range was just working better, it's going up, pull back to low range damn SL hit, and up it goes, why didn't I buy there, ohhhh cause I'm stupid!!

    Working another +$100 back :) -$260 come on LAD!!
     
    #6057     Jun 22, 2020
  8. Turveyd

    Turveyd

    -$100 on a Dax Short, direction changed +$300 Dax Long, that's what I'm talking about :)

    That's enough for well the rest of my life LOL Calling it a Day!!

    Back on Demo in the AM other things to do!!

    New Method is a KEEPER FFS!!!
     
    #6058     Jun 22, 2020
  9. Turveyd

    Turveyd

    okay, learn this you muppet, you can't time direction accurately enough to profit from, you can go with the fast flow and exploit the range, yes direction works on fast moves but sucks the rest of the time.

    4 small trades, NQ barely moving, pulled account back to BE for the day, yeah, fun NOT!!!!

    New well OLD plan is back, just with slightly different range varying based on High and Low Difference ie Candle size, issue before was the constant changing the range, but updates itself pretty well.

    Stop being a Muppet and back to making $$$$'s.
     
    #6059     Jun 22, 2020
  10. Turveyd

    Turveyd

    Okay PLAN Final Plan................... Cause this works consistently.

    Setup.

    LWMA 8 HL/2
    LWMA 8 High
    LWMA 8 Low
    Enveope 8LWMA High +0.03%
    Envelope 8lsma Low +0.03%

    2 types of market........

    Trend ( presume up )

    Enter a trade near the 8 Low
    SL initially under the -0.03% but tighten asap
    Exit on stall or near the top +0.03% or if 8 trend starts to turn, don't hold against.

    Chop

    flat markets only
    Play the Range, but nearer the 0.03% on a stall or few bars near.
    Target is really just 8 High but +0.03% also nice.

    Holding NQ long since 10099, sadly NQ not a good mover, but going my way for once :)
     
    #6060     Jun 22, 2020