Search results

So then your system would only have you taking shorts for the next two days (as there is the gap from fri-sun below) TIA

Missed by a few ticks. Currently have orders bracketed at 65.00 and 75.50 Edit: Long at 65. Stopped out.

As I go to sleep tonight, I am leaving a long at 60.50 from the 70.50 high (stop 57.50). You could perhaps use 67.50 as the high, however I do not believe there to be enough of a 'reaction'.

How many days back are you counting gaps? Or are you just counting gaps on the same day?

Sucks, even bloomberg has moved down in quality...just because the format works for the person who watches cnbc/bloomberg etc.

Wow that is crazy...I didn't catch it but I've kept CNBC off all day because I knew they would just be annoying about the bailouts. Thanks for posting it. Nasdaq - should have frozen the stock, that is for sure.

B1S2 - your view in the past has had you exiting longs over the weekend but holding shorts (at least when trading ES). Has last nights gap (and also 3/24 on BSC bailout) changed your view? Curious. TIA Jagmot

I also took this trade short, sorry did not post in real time. I got stopped out (I think mine was at 60.75 but already closed out infinity software) for 2 full stop outs on the day.

If you would like to start a thread on this method, by all means go ahead. Please post a link and I will subscribe to the thread. Not meant to be rude...so please don't take it that way. I have enjoyed (so far) creating my own version on r10 and plan to continue this process in the...

-------------------------------------------------------------------------------- Lets take a look at last weeks trading. Last week, we had 2 successful trades 2 targets were hit at 5points (10pts total) 2 trailers were hit, 1 at 5.5 and 1 at 3.5 (9pts total) We had 0 full winners...

Agreed, we are starting to hear there is more to r10 then at first blush. That being said, I still think the current setup is profitable but just performing poorly in this environment. 5 days the system has been live and all 5 days have had moves of greater then 1%. I am willing to risk...

This is one reason why I went to live trading from paper trading. It shows that you can miss signals due to being away from the computer, sleeping, etc. Over time, missing setups should even out, ie. should miss some stop outs in addition to winners. Of course, if the system has positive...

Back trading the r10 signal since about 10:30AM EST. Just got filled on a long at 1261.75 And got stopped out in about a minute

Knew I should have taken that long on the regal reverse indicator! At least I got out of my last short near the close on Friday.

Yes I did. I closed out the last contract short near the eod at 44.25. I thought the bailout of FRE and FNM was a possibility although I didn't think the market would gap this high with that type of news.

Too much margin IMHO for .50. Also I see a bid of .60c right now btw

It is not illegal when you have 'permission' :)

If I was in front of the computer tonight, I would not have traded r10 signals as FRE and FNM are a big news item. If you did trade r10, you would have been stopped out on a short and then missed by a few ticks a long. You could have then taken another short that you would still be in at...

Just got home, long weekend. I have to get to sleep otherwise I won't be able to get up tomorrow morning for the open. I will be answering posts tomorrow morning when things quiet down. Reality is, I picked a bad week to start trading live money for this strategy. Let's remember, I lost...

Covered last contract at 1244.25. Flat for the weekend. Have a good weekend all.