P/L: 0% / +£1.66 CAP £2611.77
Trades
1. SS 252 (-0.4), Exit close against 8SMA. Fault don't trade a PB/RL trade whose confirmation BD/BO 252EMA. Should have waited to trade 2.
2. HSL 252 (+0.1). Exit close against 8SMA. frustrating was up quite a bit then dwindled.
3. REV thru 252 (+0.1). frustrating like trade 2, as was up quite a bit then dwindled.
A. adjusted TPO. downtrend when price closes above prior low (not HM/SS), set PT at prior lows
B. adjusted TPO. uptrend when price closes below prior high (not SS/HM), set PT at prior highs
A. HSL 252 (+2), exit TPO. This is a variation on a RL trade, it shows that when price RLs to the 252 trigger needn't touch 21EMA, 252EMA is fine.
Notes to add to Guide!
1. don't trade PB/RL trades with confirmation BO/BD 252EMA.
2. Adjusted TPO.A. adjusted TPO. downtrend when price closes above prior low (not HM/SS), set PT at prior lows.B. adjusted TPO. uptrend when price closes below prior high (not SS/HM), set PT at prior highs
3. HSL / LSH at 252 triggers need only touch 252EMA (21EMA not needed) and close with 8SMA.
Summary: One fault at the beginning of the day, kind of knew this but needed to experiment. glad I did as I have satisfied that thirst and now know it doesn't work definitively. Great lesson on adjusted TPO and the same on HSL and LSH at 252. Really hard day personally I had a lot of problems at my flat that I rent out and actually spent a lot of the day sorting things out there even visiting mid afternoon. Overall very happy with my results due to this!
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