It seems I use my ‘Rule of 3’ to relieve boredom and revenge trade. Here’s an example of some shorts that have some logic to them but they don’t have an edge – they are a possibility rather than a good setup.

The important point about the PA on this day (21st May) was that there was a big down day the previous day with buying off a clear support area, so the market was looking reasonable positive but the PA context favoured a rangy kind of day.

With a positiver overall tone, the best strategy today would have been to use the Rule of 3 to buy pull-backs – then the setup works as context is everything..

My results for today
It looks like I was put off by having the wrong level on the futures close

Review of the trades shown in the video

  • the first sell, at the pivot and 169 was valid but the entry needed to be better (i.e. more decisive, less responsive and at the level) – then perhaps s it would have seen 1:1 .. BUT retests are not trades to take on rangy days as they are asking to be stopped.. this is mean-reverting PA so we need value
  • for the same reason, the second trade doesn’t make much sense although it’s better, as it’s far from the midline, but it was a short on the break of an already traded level while inside the Bollis so it’s not even a setup… most likely I was just bored..
  • after that I bought the break out which is obviously the wrong trade for this pa

31 Responses to “Took two Rule of 3 trades but were they valid?”

  1. seo audit

    … [Trackback]

    […] Find More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  2. http://anbaza.pl/trzy-wazne-slowa-2409.php

    … [Trackback]

    […] Info on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  3. 바카라사이트

    … [Trackback]

    […] Find More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  4. elly white

    … [Trackback]

    […] Info on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  5. Baccarat Online

    … [Trackback]

    […] Find More on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  6. Darknet Drogen

    … [Trackback]

    […] Info to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  7. เงิน ด่วน ร้อน เงิน

    … [Trackback]

    […] Here you can find 43581 more Information to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  8. w88idw

    … [Trackback]

    […] Information to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  9. your input here

    … [Trackback]

    […] Read More here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  10. pokermas

    … [Trackback]

    […] Find More here to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  11. parisqq

    … [Trackback]

    […] Read More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  12. have a peek at this web-site

    … [Trackback]

    […] Find More Information here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  13. Ignou Project

    … [Trackback]

    […] Read More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  14. Klik Dokter

    … [Trackback]

    […] Find More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  15. elangqq

    … [Trackback]

    […] Find More here to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  16. porn videos & hot pussy fuck

    … [Trackback]

    […] There you will find 87445 additional Info to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  17. Dentist Vancouver 604-879-9999

    … [Trackback]

    […] There you will find 90750 additional Information on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  18. Catering Equipment

    … [Trackback]

    […] Find More Info here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  19. Doctor

    … [Trackback]

    […] Find More on on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  20. Rolex Replica Watch reviews

    … [Trackback]

    […] Read More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  21. https://firmy-godne-polecenia.pl/

    … [Trackback]

    […] Read More on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  22. http://malowanielinii.com/

    … [Trackback]

    […] Info on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  23. جلب الحبيب

    … [Trackback]

    […] Find More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  24. emrah sarar dolandirici

    … [Trackback]

    […] Read More Information here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  25. https://pracabiznes.com.pl/forum/viewtopic.php?t=86

    … [Trackback]

    […] Find More Information here to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  26. Furnace Repairs Shorty's Plumbing & Heating

    … [Trackback]

    […] Here you can find 24001 additional Information on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  27. Replica Rolex Jubilee Gents

    … [Trackback]

    […] Read More here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  28. 제왕카지노 【 CGV123.COM 】

    … [Trackback]

    […] Read More to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  29. 토토사이트

    … [Trackback]

    […] Read More on to that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  30. winnipeg orthodontics

    … [Trackback]

    […] Read More here on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

  31. dang ky tai khoan 188bet

    … [Trackback]

    […] There you will find 61313 more Information on that Topic: lovethedax.com/trade-plan/examples-and-fine-tuning/took-two-rule-of-3-trades-but-were-they-valid/ […]

Comments are closed.