Rule of 10 Journal

It seems to me that automating the "hard 10 theory" should be fairly straight forward once one has settled with the initial entry point.

Reaction high/lows is another issue....not that I know, but would not there be conflicts between trading the hard 10 theory and looming reaction high/lows?

While it is still early days, it would seem that this method of trading could work, but it would be completely dependent upon money management...again I am only following the "hard 10 rule".

From a personal point, this method of trading goes to "opposite" of everything I do.....but then again randomness plays a given role in all markets and pricing structures.

I look forward to see how all this pans out.
 
honest and serious question...what do you all mean when you say "reaction highs or lows"?...does that mean spikes or dips hitting key support or resistance levels?..or volume spikes or dips?
 
Looking for our next trade setup as 24 hours has past.

Our last reaction high was 1274.75 and low of 1265.50.

We will bracket trades from there with a long at 1264.75 and a short at 1275.50 with corresponding 3 pt stops.
 
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