Going around in Circles for too long, Method's all work that's not really the issue, coming to the conclusion I can't function at an M1 level, well occasionally on good days. So going M5 seems Calmer ( tried before and failed but not for long as got bored ) Method that fits....... 10Lwma 10Lwma High 10Lwma Low Envelope 10Lwma High 0.07 ( Bottom None colour) Envelope 10Lwma Low 0.07 ( Bottom None colour) SL set to outside, Min 8 - Max 16 so wider Trades same old, Join the inner H/L direction near the H/L if direction. If Flat then Play the Range out to the +/- 0.07% Need a break why going mad and screwing it all up, zero live trades today, MTB time, got rid of the front tyre I hate on anything damp, put my Fav back on the front 3" just about fits, too bouncy let it down before but Insert to slow the rebound so go try that combo out and tubeless before tubes and wider rim that made it very square and slow. Change needed!!!
I need to reduce screen time aswell.......... So set Limit order where I want to enter, then set limit order and monitor more hands off, using tablets more, less stuck here going CRAZY!!! Adding Envelope 20lwma 0.01% the old don't trade against rule, seems to work better on M5. Guess got a week or 2 of Demo to practice
Interesting so far............ Joined 20 uptrend +20pts, sideways so short top play tight SL over range, another +20pts, then reverse L 10388 SL 70 +20pt just hit. Yes I've just let it go to Auto +20pts limits. Okay M1 this time makes sense and same plays same profits. Doesn't feel like i'm jumping on a direction and just as I do that direction has changed and instant loss as always. DAX had a nice setup from the 20Lwma aswell +20pts hit, didn't demo. Need to stick at this, making ZERO this week and it's Friday tomorrow already, just useless can't live on fresh air
Caught nqs downtrend, limit filler tp hit +D200 set the order about 5 miles away via phone mid bike ride. Lucky? Doesn't sound like me! Maybe this will be the turning point
M5 and bike ride and worked out why I'm screwing up M1 recently. Sunk back into trap of trying to trade noise and getting confused by randomness or SL'd to death, need a longer view give up on 4sma channels. What i should be doing is gauging momo, entering momo at best guess good price leaving the stop far enough away that noise doesn't hit it 10seconds later ie outside of range. M5 plan in short. I'm trying to hard in short! Same setup so will demo M1 and M5 tomorrow. Going 10sma H and L and +/-0.05 and a 20sma 0.01 wide.
Back on M1 I think, not enough M5 trades My issue was above, trying to treat Noise like mini trend but also my ranges where to big, yes great for chop but in trend if it gets there, the direction has changed and my waiting for it to get there means, trend change likely, why it always changes on me, I'm stupid in short. So Chop gets the Chop, no more Chop Trades!!! Solves 1 issue quickly Setup........ Envelope 20sma 0.01% Trade will only, STRICTLY no more errrr I'll ignore. No trend, no trade simple as, always want wind on my back pushing me along. Envelopes 10sma H and L +/- 0.04%, this is my noise channel, 20 is my direction. So filter out and ignore the chop, NQ trends into the Close where I get my $$$'s back, after scratching around for losses all rest of the day. Back on tight SL outside of that range, might not be that tight but not allowed to move SL into, cause I'll get SL'd then take a stupid trade. Need to work on entry with, always want if up, low of 10 range, currently NQ down, 73 to 57 entering near the mid 10 point. So wait for Strength, cut back on the amount of trades and hold the trends longer. it's 2:45am barely slept recently, this is driving me crazy why I've dropped out of profitable AGAIN, so might all be complete crap and I've finally cracked LOL
M1 still looking best, no trades but worked great all am typically. Stop the gambling wait for right conditions, don't try to make money when ever on pc. No idea on sl size yet, demo sort that soon.
Step 2, buy a VICE, but balls loosely in vice and everytime I trade a none approved method trade, turn vice 1 full turn tighter ofcourse, trading fixed instantly, or woman issues fixed, either way good times.