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I've stated before that I'm papertrading the rule. I've tried to make the rules simple enough so that it could be hard coded into an automated system.

I do think it is funny that v is having trouble following my rule of 10 trades :) That being said, I think that the rule of 10 is tough because there are many spots where the rule of 10 could come into play depending on your interpretation. I'm doing my best to use the spots that I think are...

Long here at 1276 Stop 1273 Target 1286

Yes, I just didn't have a chance to post (although 1277 was not hit yet) I would use the new reaction high of 1286 though. So here is our current setup 1288 short (3 pt stop), 1276 (3 pt stop) long. We've been having a lot of trend days so far since this exercise got started! I...

This trade was stopped out this morning. 3 for 8 +13.75 pts total

That was the plan for this past weekend before I got sick...a bunch of the trades went from +5 to +8 before failing. I should get to it this weekend.

I'm using the 5min down bar at 2:55pm EST. Price moves from 1297 to 1290 within the next bar. As someone who has never traded r10 before, I'm starting to see the trouble in actually trading it. Where it gets "tough for me" is we can look later and see at 3:10pm EST we see another...

Long 1287.00 Target 1297.00 Stop 1284.00

this is where it gets tough (at least for me). I'm using the reaction high of 1297, so we move buy limit to 1287 from previous 1290.50.

Our next trading setup we are looking for currently is a long at 1290.50 (stop 1287.50) or a short at 1305.25 (stop 1308.25). This is the setup currently, however these numbers can change based on reactions to highs or lows as we are currently near the current reaction low for the setup...

Over the weekend, I got really sick and didn't even look at a computer on Monday. In the context that we are using an automated system, we had the following trades. Remember that on Friday we had 2 stop outs in a row. When this happens, we suspend trades for 24 hours (in this case since...

Fixing the last error here. This is 2 for 5 +10.25 pts total

I had the points right, but not the amount of trades. Sorry 2 for 4 +13.50

I seemed to have made an error, we were actually 2 for 3 at this point here and not 2 for 4 as I originally stated. Thank you for catching my error newbie463. Since we are papertrading, I am using .25 on stop outs for slippage and commissions (and 0 on wins). With a lot of expected stop...

Its sad, I've seen you say it multiple times on ES thread...and I've said it on the thread as well but yea most people haven't.

You could also combine r10 with a trending system. Here's a super secret system (sarcasm) I use.... Sarcasm because I hope people have figured out this by now...don't short into long trend days and vice versa. Basically, if ES is up or down more than 15pts, only buy/sell 50%...

-3.25 Stopped out (second time in a row). No trades till 1:35PM EST on Monday. 2 for 6 +7 pts total

Many times it will be the absolute low or high, but you need a reaction. On the last failed trade, we used the absolute low, because the price reacted. Price touched 1261.75 and within 5min the price was at 1268. I look at todays move as follows low to high 61.75 to 86.75 consolidating...

Agreed but I am using a simple rule to protect from a trend day rather than a judgement call. This way it could be programmed in and have no human intervention. The rule is 2 stop outs in a row and stop trading for 24 hours (from time of entry). In this case it would obviously be Monday at...

Thank you for the question. I still may get stopped out on the trade. The reason why I used 82.75 as the reaction low was because that is where the market reacted (ie go higher). I used the reaction low at the 12:05PM EST 5 min bar. The price broke out on the next bar and moved higher.