elovemer

bl 47 .... stop 44 sl 59.25.... stop 62.25

.... so post a trade....

minus 2 .... minus 3

filled..... current low price 48.25 ... if hits 51.25 ... will move stop to 48.25 47.75 current low..... may go 0 for 2 on the day ....stopped 47.25 ..... may be the low tick .... low tick was 47 .... 0 for 2 on the day

.... maybe.... but not for trading purposes..... ... the idea is ... just trades....

bl 50.25 .....47.25 stop

first signal on the day was the one to get....

sl ... 51.75 .... stop 53.75 .... after filled.... if 3 pnt down from high... change stop to high if 3 pnt down from entry .... change stop to B/E ........................................... filled .... current high is 52.5 edit...current high 53 edit..... stopped 53.75

.... in other words... price action .... showed me that my entry was off..... ... slightly .... .... because price moved off significantly once it hit 63.25 .... i don't want to cancel the entry unless price moves off .... without me..... .... because by that time... the would-have-been trade is already half over..... .... hopefully... i will be filled..... one day in the distant future

.... only reason for cancel .... is that my entry target got hit..... approximately ... if it kept moving toward my 63.75 ... i would not cancel the entry.... .... in other words.... it came close and moved away.... so i missed the entry ..... .... if price did not move away .... then i would not cancel the entry..... .... i wanted price to hit 63.75 ..... and move away .... i didn't want it to hit 63.25 and move away ..... ... hope this makes some sense

.... cancel.... with hit of 63.25

after hours sl 63.75 .... stop 66.75 .......................................... bl 51 ..... stop 48

cancel bl ... with hit of 53.25 sl 63.25 .... stop 65.25

bl 52 ... stop 49 ................ ................ ............

.... point taken....

is it hard to understand why a thread like this .... is the least likely to get any contributors ?

.... since you never closed the trade and never moved your stop... ... i guess you were stopped out.....for the full stop loss of 26 points... .... that's two big losses.... .... unless i am missing something.... ... i don't see the benefit of taking the last top.... .and putting support/resistance at every ten point level below it.... .... that certainly has nothing to do with the rule of ten that i know..... ... were these two trades both done with the spread-betting firm you spoke of ? .... if you can only trade with a spread-betting firm....then how can you even use a stop at all ? .... you are just betting on a certain close by a certain date... or not.... how does that allow the use of stops ? ....once in the trade.... you can't back out in that type of trade setup....

.... since you never closed the trade and never moved your stop... ... i guess you were stopped out.....for the full stop loss of 18 points... ...after you explained your basis for the trade which was a swing trade based on ten point levels of support and resistance.... i could see that you were looking for a bigger move down.... ... if you traded 2 contracts..... (exactly which contract you never stated) .... i wonder where you would have taken half off ..... .... because you didn't take any profit when you hit your first target....

still no interest in this method ?

42...51 50% ........ ......... ........

50% of last swing is 52.5 ... from 42 ... that's also r10

premarket long ......................... real time short at gap close

only an opening short on friday

only one signal yesterday ..... which was the opening short

thursday 4 signals