Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Operation slowing it down for more certain trades.

    6 low was making new lows why go long?

    Demo shorted for +200d

    Simple logic stops counter trend and high losing rate.

    6 low going flat so long for the way up worth the risk.
     
    #6101     Jun 30, 2020
  2. Turveyd

    Turveyd

    I +$80 live, range play, moved Limit exit to close, broke out went +$300 typical.

    Need to focus more!!! TIRED!! Need Cake :)
     
    #6102     Jun 30, 2020
  3. Turveyd

    Turveyd

    Simplifying even more as suggested above.

    5Lwma
    Envelope 5lwma High +0.03 Top White, Bottom None.
    Envelope 5lwma Low =0.03 Bottom White, Top None.

    Demo bashing it to gain some confidence, before the 13 worked, then didn't work, lefts just run a tight auto SL and make more trades.

    Obviously, don't go long at the low if the low is going down as it'll go lower.

    Pull back while it's going up, then go long.

    If it's got a trend then entering near the 5 is also acceptable.


    Could possibly even code this, if 5 low > 5 low (-1 ) then Go long at Low + 3pts just set TP at 8pts and scalp like crazy all day long.
     
    #6103     Jun 30, 2020
  4. destriero

    destriero

    lol when is something good enough to trade live, dude?
     
    #6104     Jun 30, 2020
  5. Turveyd

    Turveyd

    Added 5 LWMA High and Low seperately, it's a good enter zone for trend plays.

    Not going well I'll add, dumped -D350, 8 losers in a row, not taking it too seriously but even then, that's going some.
     
    #6105     Jun 30, 2020
  6. Turveyd

    Turveyd

    Too much of an epic fail to keep experimenting with LOL thankfully Demo, lost appreciation of Chop and death by 1000nd cuts.

    It's not far off, markets turned Trend so can fail so bad in trend as Trend is where method excels.

    Demo NQ Short 10097 just for instance.

    New Setup.

    8LWMA H and Low
    Then add 0.04% to either side.

    Pulled back +$100 Demo, missed break up.

    Enter near outter for chop and inner for direction.

    24Lwma H and L aswell to gauge over all direction, yes it comes and goes.
     
    #6106     Jun 30, 2020
  7. Turveyd

    Turveyd

    Demo or Live, hmmmmm I think Demo, give it a trade or 3 with no stress get back into.

    Shame DAX shut earlier was around, came back and had to go out typical :(

    Why didn't I just switch to the FTSE100 doh!! doh! and Doh!!

    Might switch to UK100 anyway, it's less spikey good trends I see today!!
     
    #6107     Jul 1, 2020
  8. Turveyd

    Turveyd

    And the old Million $$$$ question, if it was answerable 100% I'd be a millionaire.

    Take the Bottom and Play NQ Long ( too late ) just happened break up.

    It was 50/50 with a chance of a spike to hit SL either way, which puts it down to a 40% win chance, but Long 6SL just made 40 damn it, too slow.

    And stuck waiting for another perfect entry, Long @10162 if it gets there to join acceptable SL strategy wise.
     
    #6108     Jul 1, 2020
  9. Turveyd

    Turveyd

    Live +$50 NQ short, yeah sold to early, proving Entry defo need to work on more balls to hold longer, next trade hold too long LOL

    Tweaked slightly, 8 outer unchanged, but the inner changed to 5lw based.
     
    #6109     Jul 1, 2020
  10. Turveyd

    Turveyd

    Impatient Reversal Trade -$60, 1 more sl point and +$100 annoying.

    Arseeee!!!!
     
    #6110     Jul 1, 2020