ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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Quote from princessa:
no offense, ganesh, but that is about the ten billionth time someone has asked that on this thread. i guess vo's tired of answering...not your fault, you didn't know.
Very true - I've asked vol myself.
Here's the problem - the search feature on ET sucks in my opinion.
If someone can post the direct link to where the rule of 10 is explained again, I promise to bookmark it this time and provide a link whenever I happen to see someone ask.
I know it sucks for Vol to always answer the same question, but there has to be a quick and easy way to help others out with the search feature being so shitty here in my opinion.
Here's a summary of the T Day theory and Rule of 20 as used to traded the YM:
Quote from volente_00:
Summary
T day theory.
MWF short bias
T days long bias
Short the up spikes and gap ups on MWF.
Buy the gap down and down spikes on T days.
10:30 is a important time when trading
rule of 20 says YM moves in 20 point intervals, batches, porgiesIf market is trending down and you want to fade the move, wait go long when it drops 20 points fromt he previous low and if done properly you should be able to grab 8-10 ticks on the retracement.
If market is trending up wait for it to move 20 points over the previous high to short and then cover on the 10 point retracement.
Here's an abbreviated explanation of T Day theory and a summary of the Rule of 10:
Notice he uses them as a complete system, not in bits-and-pieces ... and whether you want to let a 10 point move on the ES run so that you can catch a 2 point reversal is entirely up to you.
newswires has a lot of war talk with Iran..
Bush has limited timeline.. before he leaves office.
Bush has limited timeline.. before he leaves office.
http://www.tradingsimulatorsoftware.com/
tic by tic replay of data since 2000...
software could use some improvement, but the basics are there. They have an affiliate program, where you get reimbursed if another trader uses a affiliate created link to purchase.
tic by tic replay of data since 2000...
software could use some improvement, but the basics are there. They have an affiliate program, where you get reimbursed if another trader uses a affiliate created link to purchase.
In reading over more of volente 00's posts you will see that he is a trend fader by nature, so iow, he has designed a system which fits him psychologicaly, so, in a sense, this is an ideal scalping system for him.
Whether it works for another individual trader is up to them ...
***
You can copy and paste his name volente_00 into the Search By User Name field and rule of 10 into the Search By Keyword to find out more.
something to ponder, the key to making money is to
Buy low
Sell high
How can you do either of the above if you are a chaser and not a fader ?
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