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Either way , 75.50 limit or 74.50/76.50...the latter being the more practical (that I have just come to realize).:cool:

Had a feeling that would be your answer...have also been monitoring the retracement factor to take profits from position at the same time as adjusting the s/l.

I see your point...and it makes sense use the 9-11..using the "11" would have given us a 74.00 which would have given the 10 point profit. I assume the new trade would therefore be SELL@72.25 s/l 75.25,which in turn would have adjusted stop to 72.25 from +3 point gain. Question: Would you...

Equally maddening when you are a tick off your 10 point goal:p

Right...meant 65.75...only maddening when it goes the right way:D

Is there some conflict here between Jagmot and your reaction high low? See page 59...Jagmot apparently identifies another reaction low at 75.75 thereby adjusting his short from 73.00...personally I can see the 63.00/73.00 trade and by rights should have taken that as it is a "hard 10". I...

Overnight there was a BUY@65.50 s/l 62.50...s/l adjusted to 65.50...stopped out at 65.50....even on trade.

Now we are getting somewhere.....this is the data I was hoping Jagmot may be able to provide ...a breakdown of each trade showing max. profit and end result , consecutive losses (complete knockouts) vs 3 point potential profit for adjusted stops to breakeven. I don't have the facility to...

I would be even as 70.50 got hit...

And that is why I get alittle muddled as on a "hard 10 " basis it shows a low of 60.50 +10 =70.50..therefore a "trade"...if I am wrong , please advise. In essence, I am avoiding the reaction high/lows for the time being.

If so, would now adjust my s/l to 70.50

Do we have a SELL @70.50 s/l 73.50 or do you have wait?...this is where I get a little "muddled".

Not in absolute terms...I was going to poach your results for the purposes of setting up a risk/money management method..the only thing I might ask is if you can separate your "hard 10 " results from the "reaction trades"... The reason I used the absolute high in this case is because I...

HAHA!!! Completely missed it:mad:

Why would that be?

Knocked out again...didn't take long. The irony of this trade was that it was the EXACT opposite of the real trade I had taken!! This the third successful loss...I will stand back and wait for the 2 multiple =55.00.

So today we start off with a BUY @ 65.00 s/l 62.00 as overnight high was 75.00. Jagmot had a winner!!!

The 83.00 being the high...so when I had a buy @ 73.00 which got stopped @ 70...then the next low buy is/could be 63.00 ,because it was the 2 times the 10 from the high of 83.00? That is simple enough to follow, so I would get a second bite of the apple ()BUY). Would have worked overnight, too.

Yeah, I figured that just for the sake of integrity.

No, I would prefer to take one STOP a day and move on. Incidently, the 1264.50 was struck but no guarantee there was a fill. More than unlikely. Noticed it got up 1267.50+;I would have to adjust my stop...all academic as I would not have taken the trade even if there was a confirmed fill.