Trading Against Yourself Stragegy TAYS

LONG EURUSD 1.26340
TP 1.28000
SL 1.25900

based on:
stochastic hooking down
macd hooking down
shi down
snake down

I probably didn't give this trade enough space to work.
A better level would have been the FE100. I'll have to pay more attention to this in the future.

every now and then the indicators are going to be right, you wont get every trade.

Absolutely!

And that's fine with me. If (and I mean IF) this style of trading can produce 6, 7 possibly 8 out of 10 wouldn't that be a hoot.

It's still a mind bender when you think about it though. Last night I was sleeping/thinking... well.. when this test loses a trade it means It actually won analytically even though this particular analysis is quite shallow yet it's so EASY.

Many people especially newer traders say "Trading should be easier"; I have always agreed with that statement and still do.

Why must trading successfully be so darn difficult! Now this is a question for another thread to debate although I think the answer is, IT'S COMPLICATED!... so you really have to understand and even have a feel for S/R's and market setiment. This takes lots of hours to learn properly unless you are gifted in that arena somehow and I know there are some here that are yet statistics shows there are very few.

So let's continue and see if this kind of low stress, simple, quick to learn style of trading can be profitable on a consistant basis.

We're still in that usdjpy trade (above) let's see how it pans out. By all indicators/indications it really should be a loser.

TraderJoe!

LONG AUDUSD 0.89560


SL 0.89050 (0.89190 -10 - spread(3) -1)
TP 0.90700 (fe + 10 + spread(3) + 1)

stochastic down
MACD down
4hr shi down

only the 60 shi and lower slope is up at this moment
p.s. the spread was only 3 at the time of the trade

Just woke up and checked to find the AUDUSD Long hit the stop.
I'll be back later to check for further trades which makes for 4 losses and 2 wins so far. Since a loss is really a win (analytically speaking) and a win is a loss, I don't know whether to or at this point; but we'll trudge on for the time being.

Trader Joe I just spoke to my developer he will be developing this kind of software for me and based on my shitty track record I can confidently say that I can lose hundred percent all the time. I am the biggest loser on earth and I think my trading style needs to get a reverse version of things I’ll keep you guys posted. I think there is some kind of weird inverse relationship with fear and greed and if we can tackle it into reverse way there is a way better chance of us making money.