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i agree with your assessment aweiss thanks for the link too

i'm trying to understand what you're saying here, but i'm having difficulty... if you'll look back at my previous posts you'll see that i haven't taken anything but washes...the exception being today where i thought it wouldn't be possible to wash so i exited and reversed. i don't...

your right easy, today my loss could have been avoided if i had waited, and not straddle-bar traded the signal i was getting... put me in a bad position i warrant. also, most every entry DOES give me a chance to exit with a wash. the question i am in the process of answering is how to...

that looks about right to me mgin, i don't know how to incorporate longer time frames into trading rockets yet, so that's why i don't have them up...guess that's just an excuse not to do it. anyhow here's what i did today. the zero on the left hand side is yesterday's result, lol. np. i...

these two (which were compiled by someone else, i think Ireland?) should get you through some of the continuation thread (after the first was closed). i myself am going through all the important threads and basically copying them word for word to .doc files (although i'm deleting the...

lets see if this works

just wanted to see what some of you thought about these 'flaws' in a couple rockets what i mean is, i'm trying to identify when washing out of a rocket that isn't taking off is simply not an option (too many flaws to allow it?) in such situations it would seem that a rocket that's not...

here's what i did, i was toying around with the fast stoch (except for the last trade)...didn't really like the effect that it had on my perception though. i don't think i'll be doing it again. (fast stoch not pictured)

agreed

aweis, yes i'm using the first out rule....except that's when i move my 'target' to break even. rider, i haven't read about using the 5,2,3 fast stoch to get in sooner, but i'll look into it. tx, what do you mean by more annotations? actually the rocket signal seems to be helping me to get...

this is my understanding of what a 'rocket' is. i'm just trying to model as closely as possible what jack is talking about. ....i agree easyrider. Also, from the point of making rockets work...it "leads to a holistic way of connecting to the markets" quoting jack there. what i...

here's how my day went, not too bad i think. looking for helpful critique where anyone perceives any. (these were all rocket trades). I'm using a target of 1 pt because that's all i see that rockets are really worth for now. i do SEE that reversing after a wash or even after my...

that last rocket had me sweating a little...thank goodness channels work, lol. btw, i still don't know if i'm doing rockets properly now, just doing the best i can.

took 1 pt out of the rocket i figure if i can wash out of the rockets or make 1 pt, i should be able to hit maybe 2-4 pts a day...depending on # of rockets and my wash skills...which i think are improving.

just as a point of interest, wonder what you all thought of this? am i right in my assessment of who was buying that? or am i 'dumb'? lol

from what i have read it has never been grob's mode of operation to recommend things that work due to transient market conditions. (i.e....it worked THEN but not NOW) there's a lot to learn about the rocket that just occured on bar 23.

insofar as i have observed that rockets get you in AT the left trend line and my observations that 'channels work'.... i can not reconcile the apparent contradiction between the rocket setup which puts you in on the extreme side of the market AND simply trading the bounces off the channel...

i think if you excercised a little patience to wait for your wash price (same entry/exit) then you'd have had 1. less hyperness (referring to the 10 ish series of trades) and 2. no loss (aside from commissions). you'd have saved 2 pts in losses by washing. -.25 isn't a true wash, and it...

tx, just trade the first upcoming RtoL traverse that you SEE is coming...then practice reversing and holding for the LtoR...(and washing if no good on either count). posing a chart with your exact entries and exits might be helpful for you too if others offer intelligent critique.

nobody was predicting what the afternoon would bring hotshot grob, i really like the idea of transitioning away from the entry/exit mentality via reversing as profit taking ...seems like a quick way to break that bad habit. awesome, shoot just do the first RtoL traverse then reverse and go...