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Jack, I suggest you don't give whomever is trying to stop you the satisfaction and quit. It doesn't really matter where you post as long as your posts are helpful to some people. And this journal would be a tremendous help. It'd be a pity to see it die because of some off-topic posts. We...

nwb, you made some fine points on operating points :) Not sure if that's what Jack means by operating point though - in the journal he defines it as the curent point in the market. Jack it'd be great if you can elaborate on this. Nice day, nwb. Question: why do you trade spy instead of es...

Jack, thank you for your continuous efforts to share your knowledge. Your journal is gold to anyone who understands it and has the discipline to apply it. You pointed out that you will emphasize on areas that are less understood by people who use your method. One such area is the stop log -...

Time is still in short supply :mad: Traded Thu and Fri - paper of course :) Thu #1 long rocket 10:03 977.50 10:18 sell 977.00 failure to traverse -> down vol picking up -0.50 #2 failed rocket -> MACD reversal 10:31 short 974.75 10:46 cover 974.25 intrabar rocket failed at 10:35 ->...

I'm gone a couple of days and this is what I find when I get back? :) I didn't mean to start this conflict. Jack, I appreciate your coming to my defense. But, while Magna's comment may have been a little overbearing, I certainly didn't get offended by it, as I explained. He pointed out a...

See Jack's comments on page 113.

No offence taken, I was joking. Point taken - I know that what you said about live trading is true (I've experienced it myself). I just wanted to point out that I don't post my results to prove myself nor will I take any action to do so. People can use it as forward testing, and I am...

You got it. I don't know whether Jack discussed this but I noticed that when a slow channel has formed prior to a rocket signal, it can go one of two ways: - slow trend -> rocket signal -> BO to the away side. Trend is getting stronger so you enter. - slow trend -> rocket signal ->...

It seems that Magna is betting against me :p You make a valid point though, my results may be disastruos (much like my previous attempts with NQ) when I go live. Which will happen as soon as I have more time. Until then, paper only folks. I'm here to learn, not to build credibility.

Fri Jun 20 #1 long rocket (hist<0.4) 11:12 long 1001.00 11:34 sell 999.00 rocket failure -> no new pt 3 -> up vol picking up -> reverse iceberg -2.00 Entry was late and hist <0.4; volume dropped on prior bar. Guess I was itching to take a trade. #2 reversal iceberg 11:34 short...

JK, I've been real busy at work lately and too tired to get up in the morning to trade - this week I didn't trade at all. I will trade tomorrow and post at the end of the day, including the running total. As to your other request, I think you should know that the trades I've posted so far...

Bundle, For rockets, I will generally exit a trade when there is a flaw in the normal sequence of things. Example of normal sequence: rocket signal -> traverse to away side of channel on rising volume -> traverse to right side on fading volume -> traverse to away side etc If a flaw...

Didn't have time to trade much this week. Tue I was watching the mkt but didn't take any trades. Fri One trade: Short rocket after 10am report 10:07 Short 992.25 rocket -> down vol picked up again 11:31 Cover 986.50 MACD x -> rocket failure -> channel BO +5.75 Week +8.75 (2 trades)...

Left side or in-the-money side of channel. Jack's wording, I use it for simplicity. One trade today: #1 short rocket -> lod bk 10:17 short 979.75 10:51 cover 976.75 MACD x -> channel BO. Rocket was still on but up volume was picking up. Day +3.00

Jack, what do you mean by VDU -> no slalom room? Did you exit on the following 1m bar after if failed to break 1000.00? Thanks.

Thu Two washes in the morning. Day 0.00 Fri #1 long rocket after synch 9:50 long 1002.50 9:54 sell 1000.50 3rd lower high on 1m chart. 1 min too early it turned out; rocket signal still on. -2.00 #2 reentry 9:56 long 1002.50 10:15 sell 1008.00 away side of channel -> MACD x...

Been real busy lately and didn't have time to post. Fri #1 long rocket after 10:00 release 10:06 long 959.75 10:52 sell 962.75 MACD x -> channel BO -> rocket failing +3.00 Week +9.25 (4 trades) Mon #1 long rocket 10:09 long 971.00 10:48 sell 974.75 failure to traverse ->...

One trade today: #1 long rocket 9:53 long 955.25 10:57 sell 960.00 rocket failure +4.75 Initial channel was broken at 10:15 but rocket was still on and MACD didn't cross until later when it got entwined. A slower channel formed. Day +4.75 Week +6.25

Didn't trade yest and what a great day I missed ... a 10+ rocket in the morning. Today: #1 long rocket, hod bk 9:58 long 955.75 10:03 sell 954.00 MACDx -> rocket fail. Late exit. -1.75 Good for a MACD reversal but didn't take it - didn't want to go against trend. Ugh. #2 long rocket...

LOL :D