Blind Mouse Strategy

[prochargedmopar]

Thankyou for answering my question.

Blind mice turn left and right.
We are wanting to enter out of the turn and then again after we've blown far enough through the first sup/res level that our avg is at that level.

Simple enough.

At each turn, as in the lower check mark, we must watch to see that we are NOT entering in an area of price reaching by looking at higher TF's.

If so, think of it as a scalp or use hedging of the longer term trade for that entry.



EDIT: X SHOULD HAVE BEEN Z
"but we have never said anything about z"

[MightyOne]

I dont fully understand the crash zone. On EJ today it blew through target 2, how would you trade this?

[bredin]

Still plugging away: I think this follows the rules ok...



Im not massively happy with the first Add/S&R/Average but it seems to bear out ok with the second...

G.

[spa]

Still plugging away: I think this follows the rules ok...



Im not massively happy with the first Add/S&R/Average but it seems to bear out ok with the second...

G.

i think one of the key purposes of the multiple entries is that you want your average to be above the determined S&R level... as far as the rest goes still looking for clues over here

[prochargedmopar]

Semi-fat mouse entry.
Now lets see if we can get continuation to allow me to steal some cheese from a couple rats. The chart tells me I'll be zeroed.

[IN-XS]

Thank you for your quick reply Mightyone. I have a better understanding now, thank you. When it blasts through due to a large momo on the weekly chart, how do you know when you have reached the bottom or "fat cat"? I dont have a problem with entries, just with direction. I like to trade in one direction only, but get confused as to which way I should be trading. Is there any tips you could give me to help with choosing the right direction?

Again thank you for your help I find your help invaluable I just could not understand anything before now.

[IN-XS]

Here is my first go at this. This is what I see...

[bredin]

Still plugging away: I think this follows the rules ok...



Im not massively happy with the first Add/S&R/Average but it seems to bear out ok with the second...

G.

i think one of the key purposes of the multiple entries is that you want your average to be above the determined S&R level... as far as the rest goes still looking for clues over here

Yeah, direction gives me issues as well.... So I went looking for a reason to take this GU short at that point, and this is what I see on D1 (D3)


Then this on H12


never count out the fact that I may be way wrong

G.

[prochargedmopar]

Thank you for your quick reply Mightyone. I have a better understanding now, thank you. When it blasts through due to a large momo on the weekly chart, how do you know when you have reached the bottom or "fat cat"? I dont have a problem with entries, just with direction. I like to trade in one direction only, but get confused as to which way I should be trading. Is there any tips you could give me to help with choosing the right direction?

Again thank you for your help I find your help invaluable I just could not understand anything before now.

yeah, entering does not seem to be a big deal.
Entering in the right direction is a .......

Price reacher's got me.
Total fake out for longs, should have just listened to forcasters and went short. "EU going short" is everywhere.
The momo up, is in the wrong place but I would not KNOW until after the fact, then move CC a little and it looks totally different.
After 400 pips down we finally get a huge H1 candle, only to have it waylaid.

NOT good, need guidance.
Total lack of understanding leads to trading P/L.
Vicious cycle.

[IN-XS]

Glad I am not the only one with direction problems. Got +35 on this little trade, dont know how much further it is going to go, so I got out.