Rule of 10 Journal

~80 % average of 6 to 6.5

 

You are on the right track.

 

You got the day right. But your lines didn't predict it. Take a look at your lines at 10:40 EST. What were they predicting? LOL.

Take a look at your lines at 2:45 EST. What were they predicting?

If I were you I'd shitcan those moving averages. They aren't doing anything for you that you might not have known anyway.

OldTrader

 

Should I waste my time posting the visual ?

Are you blind ?

Or are you just pulling my leg ?

I seriously hope it is the latter.




Feel free to start sharing your profitable es trading strategies with us.

 

Post a chart of those bollinger bands on a trend day.

 

You can use BBs for signaling outbreaks too, but hey, that will be published in my upcoming book.

From Chapter 12:

"Generally, 2 same colored consecutive candles touching the BB means continuation of an outbreak."

Can you see the 2 times when there were such occasions on Aug 6th?:



But I am getting offtopic...

 

Can you post the same chart and bb's for aug 21 and aug 25.

Or for a trend day when the largest retracement is ~3 points.

 

Let me help you out. I wouldn't spend too much time away from your reading....StockMarket 101.

Now, like I said, look at your moving averages at 10:40. Moving averages moving straight up. Exactly the time you should have been selling. In fact, if we go back and review your posts today, you called selling today "pure luck". Remember that post Volente?

I've posted a variety of trades over in the ES Journal Volente. Perhaps we need to see YOU post a RTH trade. Instead, all I see out of you is hints as to what you might be doing. LOL.

Tell you what Volente, let me make this real simple for you. Tell me where you would have sold today, using the R10 strategy, with full benefit of hindsight at your disposal. There's only one rule: you can't post a short that is above both of YOUR moving averages. Go ahead...I'm waiting.

OldTrader

 

Here are 2 charts.

Does anyone not see how the ma lines predict the daily trend ?

 

And the second.



According to old trader the red and blue lines do the same exact thing on both charts.


So where was the last r "10" signal at on this chart ?