Rule of 10 Journal

Quote from jagmot:

Target at 1296 hit, trailer on.

Moved stop slightly ahead at 1295.50 and just got stopped out.

1 contract +5
1 contract +5.5

Currently flat.

Have short setup at 1301.25, and am waiting for a new high to form in order to setup a long (current long would have been hit at 1293.50 while still in the trade)
 
Nice trade just the same.

Wasn't far behind you ...Sold 1300.25...2/3 bgt@ 1297.25....1/3 94.50.

My initial entry was on 2x10= 127675...didn't get a confirmation until 1300.25 after rolling of 130350.
 
Quote from jagmot:

(current long would have been hit at 1293.50 while still in the trade)

Yes, I thought that would have been a nice long entry, because probably trend day...
 
Quote from Pekelo:

Yes, I thought that would have been a nice long entry, because probably trend day...

Agreed I thought (at the time) it was a good long entry as well. For now though, I just use two full stop outs in a row as my safety net to stop trading for the day.
 
Quote from Now is Now:

Next trade looks like 2x130350= 1283.50

I thought around 1287 counting from the 11:30 high would be the next long...
 
Quote from Pekelo:

I thought around 1287 counting from the 11:30 high would be the next long...

You are probably right...I am still at the +/- 10 and its multiples stage...will the 87 be a long or a short?
 
Quote from jagmot:

Long 2 contracts at 1286.75
Stop 1283.75
Target 1 1291.75
Target 2 1296.75

Full Stop out.

Next long entry is waiting at 1279.25

Edit: Filled

Full stop out.

2nd full stop out in a row. Stop trading until 1 hr after close.
 
Quote from jagmot:

Long 2 contracts at 1286.75

Well, for this one I had an exit (short) signal at 1288 and for the earlier 1293.5 long at 1296, so both would have been a small winner, but I didn't want to post it so I don't mess up your trade.
 
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