Slowing it down ( not M5 not enough trades to make it worth while ), M2 or maybe M3 would work but only got M1 so stuck, not trying to accurately pick perfect entries and catch every turn in tiny detail, which is well better, got to stop slipping into that greed trap. Messing with bike, that tyre was like riding on ice mid summer so trying another, bikes. NQ nice pull down could of joined big move, then scalps up from the 20's weak direction, was going down but kinda sideways so if in, look to bail and wait for strength later, rather than get stuck in and miss a trade. Dax, Nice trades all day. Method is sorted, had enough chasing the grail, this should most likely profit, just got to dig in and get making money, want a £2000 area BMW 530D V8 maybe estate soon, why I think I start pushing it too hard, wanted new toy
Charts all stopped, bank holiday damn it, no more testing, was planning on going live Trend time in about an hour aswell +$8 this week I think it is, LOL and LOL!!!
Test method, keep it fresh in the old brain cell, simple profit >+10 / break and fail -10, not picking exit. NQ 30mins into Open 9th june. No Direction ( ND ) Down weak, short 9900, profit up L 9908 proft L9915, profit L9943, profit L 9961, profit L 9964, loss ( might of spotted 9971 top ) ND down short 9959, profit S 9954, profit S 9951, loss ND Up L 9956, profit L 9967, loss fake out first 1. ND Down S 9977, loss Up L 9995, profit ND down S 9993, profit 9 profits and 4 losers can live with that, most profits went 20pt+ aswell likely 6 of them. Learning to sit on hands for ND and WAIT and not get bored and mess with my bike / porn LOL
SL Logic to match system, was thinking tight and tight and take a loss and don't care too much, but then I revenge trade and take another loss, repeat repeat repeat and I've then made a big loss, where as a bigger SL the original trade played up, got back on 20sma trend and moved to +100 just to annoy me. Yes, the universe hates me and does things just to annoy me, get over it and more on. Need CHANGE, M5 isn't going to be the change, but I guess bigger SL can be. Min SL 8, Max 16 and out to 10sma H + 0.11% ( to allow for Ask ) and L + 0.10%. Toying with the idea allowing for innacurracy in entry of halving position size, then placing limit order 1/2 way to SL, only a 75% cost and maybe better over all entry position most of the time. Method is looking GREAT, IF I can stick to it, I am the weak link. Very few losers going this way, 80%+ win rate, so taking a 15hit 20% of the time is better than a frequent 6SL hit.
Adding Logic to AutoSL, Pt's diffence 20sma current and 10bars ago, I'll work out what I think of as Up/Down/Flat and add the text to take the guess work out asap.
Range is high, accuracy low, I think 2 positions are required, being sensible on no.2 like, no falling knives. Nothing too close, Set a Limit order if it fills and goes my way, goes to SL better only be 1/2 of 1st positions loss.
Demo, taking -$50, SL test, but below the 20sma and 10 turning down, so should be short. Flipped short, this is how to play it live, maybe!! -0.02 so maybe a tad soon to call downtrend, but Demo!! and bored.
Good Demo morning on DAX so far, worked perfectly for the way down and back up. I guess this is the time I generally get up and get an ass kicking as I trade through the chop session going into US open. Better not make that mistake as I've blown the good trades with Demo
Sucky Day, call out, 2 hour drive to get kid back, then old mate was stuck getting dog to a cheap vets only just got back, zero live trades and what a trend day Try again tomorrow, got to collect dog but hopefully free other than that!
Today is rubbish typically compared to yesterday Looking for UK and DAX to turn down, waiting for confirm, then look to find a place to enter. Slowly Slowly catchy fishy, I'd of been stopped out and lost 4trades normally by know!, waiting for 80%+ Cert's, boring, but boring will pay the bills.