Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    Getting good at keeping losses small, not got on anything worth exiting for a profit yet sadly, life!!

    -$80 on US Session, +$260 on UK session earlier.

    Looking like next week :(
     
    #6441     Nov 18, 2020
  2. Turveyd

    Turveyd

    That's better, back in profit after 1 bad trade -$220 back to BE.

    Took a long, then had a short going, took profit on the long, added short and +50 long +150 short, nice!!

    Got to trust the 18lwma direction more mind, strong recently.
     
    #6442     Nov 18, 2020
  3. Turveyd

    Turveyd

    short lived as 18 trend change maybe, should of took long of the cluster low, cluster lows and not direction change is better damn it.

    Long here, and out +$120 nice pop up!!
     
    #6443     Nov 18, 2020
  4. Turveyd

    Turveyd

    Okay so that down move, then cluster carried on back up, where as others have continued down, what's the difference ??

    I'd of played long but didn't get an entry as not really paying attention as demo. +$200 easy as from 1 position.

    50lwma worked just on NQ, didn't work on other 3, but there are loads of times todays where it's called fake outs correctly on all 4 I watch, will watch, but only to re inforce clusters with the longer trend, probability does seem to increase, loser earier ran into the 50lwma and stalled, nice to have seen and taking +60 rather then -50.

    Progressing, on for years, guess won't be beat today, this week close enough I hope!!
     
    #6444     Nov 18, 2020
  5. Turveyd

    Turveyd

    So far so good, long called +12pts, long called near bailed +2 on 18 turning down, short +10, short again +21 that'll do.

    50lw pointless on ES for 1hour, before that relevant.

    DAX same, great earlier.

    Odd, working so great on NQ but just stopped on the others.
     
    #6445     Nov 18, 2020
  6. Turveyd

    Turveyd

    Trades that line up with 50lwma have a lot more upside potential.

    18 range is strong.

    Hate Trading Fridays and Mondays really, so guess I'm stuck on Demo till Tuesday next week to be sure, unless I get greedy tomorrow pm I guess.
     
    #6446     Nov 18, 2020
  7. Turveyd

    Turveyd

    First trade, impulse, counter trend, failed to take +$60 so had -$80 instead.

    50lw worked perfectly and ES had already broken below, hence bad trade, just got off a bike ride mind, so not sweating it :)
     
    #6447     Nov 19, 2020
  8. Turveyd

    Turveyd

    Long near the 50lw and low 18 range, +$60 seen, over staying welcome, but ES showing strength so ?? might turn back up, but Might is bad trading.

    Stalled out at 5lwma high +0.01% perfectly to, annoyingly, it's trading in small amounts and taking them to prevent a loss, which is what's letting me down.

    SL hit -$55 demo.

    SL to tight ? or too much on the 50lw prefering long, find out soon.
     
    #6448     Nov 19, 2020
  9. Turveyd

    Turveyd

    SL too tight, widened the 50 range to 0.02%, went to high 18 range then broke down.
     
    #6449     Nov 19, 2020
  10. Turveyd

    Turveyd

    Nicely in profit 5 profit in a row +240 here, scalpy scalpy.

    Losses being kept small!

    Need to keep demoing until I get out of the first X trades LOSE, cause that'll just Fuck with my head, or Demo till 1st profit, then live every day for ever, not too sure, I used to do that and it used to work, but prefer to skip that part.
     
    #6450     Nov 19, 2020