Blind Mouse Strategy
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Jalarupa wrote:Hmmm... yeah I saw that last nite as I was watching how it behaved... The Red actually creates the Green...
Would you then establish some sort of directional bias based on the Green close, well at least that what it looked like to me...
Sometimes the speed is such that the completion of 2/3 the leading candle is enough to safely place a trade as the last 3rd will prove you wrong.
Notice that the following CC completes at 2/3 the leading CC.
What I was saying previously is that, if the following CC closes higher than the leading CC, then the leading may have found S&R.
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ajaymein wrote:Damn, you guys get pretty crazy with these CCs...pretty impressive stuff you saw on this one MO after seeing what happened
Its way over my head tho...
Is this picture way over your head?
I have confidence because I absorb as much information as I possibly can, from multiple angles, to make a well informed decision.
Nothing is set in stone, I just look at the information and form ideas by which I trade.
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