Rule of 10 Journal

Quote from Pekelo:

If by badass you meant loser, yes. Both his and Jagmot's entries got stopped out, currently at 1293....Well, Decel cancelled the trade....I think his was the correct entry, by the way.

Shortly after Decel posted the trade it went 10 points in his favor, found support, and then rocketed up during the over night session.
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As volente_00 has pointed out previously, the ROT performs extremely well in sideways, choppy markets.
 
Quote from Pekelo:

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.

Pekelo - No worries, feel free to post your trades. I would love for you to keep a scoreboard of r10 trades. I'm going to be posting a scoreboard generally at night when I'm doing my review for the next day.
 
Quote from Now is Now:

Next trade looks like 2x130350= 1283.50

This never got a confirmation...so applyng the same priciple 3x10 -130350= 127350...would only buy if there is a price performance confirmation...
 
Quote from MandelbrotSet:

Shortly after Decel posted the trade it went 10 points in his favor, found support, and then rocketed up during the over night session.

Except 1286.75 wasn't hit according to my overnight chart. The highest was around that time 1286, so no trade.
 
Quote from jagmot:

Pekelo - No worries, feel free to post your trades. I would love for you to keep a scoreboard of r10 trades.

I also think it would be interesting to see having the same entries but different exits, for a comparison. Here is the Williams indicator signaling sell at 11:30 and 13:30, so both longs should have been exited for me...

otl176.png


Last week's score was around 12 points with 11 trades, although I think 2 times I couldn't be at the computer. Still, it is nicely positive with a 2+ ES per day...
 
Quote from Now is Now:

This never got a confirmation...so applyng the same priciple 3x10 -130350= 127350...would only buy if there is a price performance confirmation...

Have a BUY 7400 either/or trade for 3 points as have to go out...may get lucky
 
Quote from Pekelo:

Except 1286.75 wasn't hit according to my overnight chart. The highest was around that time 1286, so no trade.

86.25 was hit, if you are stubborn and follow hard 10, you get left behind. If you follow 9-11 then you get to play more often. The sole reason I moved from a 2 point stop to a 3 point stop was in order to have the flexibility to enter after a 9 point move. Have you figured out how to program this discretion into a automated program yet ?
 
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