Need somewhere to think out loud,

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

  1. Turveyd

    Turveyd

    US 30, selling, too late to drag DAX down with it, most likely.

    100's staring to fail, 16 turning down slightly, 50 pt move down like i never get would be soooo nice today LOL

    No chance !!
     
    #651     Nov 18, 2014
  2. Turveyd

    Turveyd

    Up spike, watch it reverse, my SL's at 62 filled at 67 all 3 of them, costing me $200 more than planned.

    Loads of chances, to bail and get back on the trend, my fault, was hoping for 1 good spike down to make a few $$$'s, is that so hard, well obviously.

    -$500 on the day, eccckkks :(

    Greed / Carried away, happens at times, back to the plan!! :(
     
    #652     Nov 18, 2014
  3. Turveyd

    Turveyd

    Ironic the only bit of trend all day, is the perfect bit I'm on the wrong side off! LOL

    Too much faith stupidly in the 42 ( it's the meaning of life ) which was questionable anyway, I thought it would sell off, which it did, it just changed it's mind again and I didn't, US30 sold off giving false hope, 95% of the time those 2 follow each other, not this time.

    But Live and Learn and Forget sadly :)

    Day off trading tomorrow, clear head, work :( back it Thursday maybe, Friday!
     
    #653     Nov 18, 2014
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    #654     Nov 18, 2014
  5. Turveyd

    Turveyd

    This evening, it turned off the 100sma with sub 2pt accuracy a total of 6 times in a row, only cause I was on the wrong side or what, arrggghhhhhhhh!!
     
    #655     Nov 18, 2014
  6. Turveyd

    Turveyd

    It happens, -$200 on the week, had a bias the market would go down, got stubborn, then bad SL blip 5 pips over my SL that's worth -$187.50, universe hates me.
     
    #656     Nov 18, 2014
  7. Turveyd

    Turveyd

    Better without the 42sma is seems today, cleaner less subjective.

    Over slept big time sadly :( want my $200 back on the week LOL
     
    #657     Nov 19, 2014
  8. Turveyd

    Turveyd

    Nice action today ( wasn't around go figure )

    2 early turns from the 100sma, call it 15 each

    The break above the 100sma sustained as a jump on for 30pts say.

    Next turn up was worth 10pips.

    You could play the failure on the 16's range down for 10 or so.

    Range back up for 10 or so

    Wibble for 1 1/2 hours ish, then a break above 9500

    Pull back and retest 9500 for a long for 15+ pts

    9520 wall of sellers

    down move down the 16 nice.

    Nice reversal from the 100

    Very nice action.
     
    #658     Nov 19, 2014
  9. Turveyd

    Turveyd

    Tweaks :)

    The loved 5 H & L is going, it's nice but there are better.

    So 8sma + 8sma envelope 0.04% better and more entries, if the 16 is going down then top of the 8 envelope is good odds on reversing and going down I'm seeing,#

    Enough MoMo to break out of the 8's range, gives very good odds on direction change, so fast exit ofcourse, can't be helped / predicted.

    Moving away slightly from 100% HA turns, sometimes just got to jump on the momentum on a pull back, by the time HA's turned I don't want it in short.

    HA's great for big moves, but not in and out all day long more scalpy trades.

    That losing trade, which cost me BIG time, current setup I wouldn't of taken it in a million years and every chance it gave me to get out, was the low of the 8's envelope.

    Back on it tomorrow, early start maybe LOL Friday's work :(
     
    #659     Nov 19, 2014
  10. Turveyd

    Turveyd

    First trade, sl at 4, spiked - 9 aargghhh

    Second trade, exited 92 short, closed 95 +6


    Sucky sucky sucky suck
     
    #660     Nov 20, 2014