Rule of 10 Journal

Great, thank you.

 

Pre-open low was 1268.5 or we had another low recently at 1271.25...

So far a short at 1278.5 looks like working...

 

Are you finding that the pre open low's (globex) works better than the reaction low?

 

Ok orders bracketed at 1281.25 and 1270. Let the waiting game begin...

 

The 2 were pretty close to each other less than 3 pts away, so even a short somewhere between 78.5-81 would have been justified. I posted it a bit late, so I don't know if we should count it...

 

Jagmot,

Although you missed the 6975 to 7975 (10 pointer) a completed trade, why would not then take the reverse SELL 7975 s/l 8275?

 

I am waiting for 81.25 from the 9:40 and 9:45AM EST bars. Plus I was also waiting for factory order news to come out.

Now using 83 from 10:20AM EST 5min bar

Also Beige book later today, I thought I just heard that on CNBC.

 

Long 1271 2 contracts
Stop 1268
Target 1 1276
Target 2 1281

Full Stop out

New long waiting at 1263.75

 

Just reached the 10 pts gain area... I think not entering short in that area was a mistake...

 

Got confirmation 8100-10 , BGHT 6875 s/l 6575 SELL 7175 2/3 then adjust stop to 6875.