Now this is dizzying. Red lines = H9 S&R lines and black lines = H3 S&R lines.
I know you advocate drawing only one line but I like to set up my chart beforehand. Otherwise, I tend to miss it.
Blind Mouse Strategy
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- newark18
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Almost too complicated to see what you want but it does give you a lot of information if you are able to decipher it. I don't even need momo to determine direction. And if there is momo, these lines are perfect for entry. The only problem lies in a fast moving mart because price may not retrace back to these lines for entry. But hopefully, I am able to get in before it turns fast and I can just average in to increase my lot size.
Failure is an opportunity to learn.
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- Braathen
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**editted**
Last edited by Braathen on Sat May 22, 2010 3:05 pm, edited 2 times in total.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-
MO-
- prochargedmopar
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Braathen called this the "sniper" entry!!!!
LOL
Hey, the rules say to trade from the weekly lows and price started to stall at a "wick doll".
Low risk/High reward!!
Hit it.
LOL
Hey, the rules say to trade from the weekly lows and price started to stall at a "wick doll".
Low risk/High reward!!
Hit it.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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