Blind Mouse Strategy

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Jalarupa
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Postby Jalarupa » Wed Jul 13, 2011 6:19 am

All thanks to you MightyOne, you opened my eyes with the torch light of knowledge.

Thank you!
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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pawelklos
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Postby pawelklos » Wed Jul 13, 2011 7:54 am

OK. Currently, I am going abroad for a few days to Belgium. When I get home I'll have some questions, this method is very interesting to me and possibly I'll have some ideas.

Belkin
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Postby Belkin » Thu Jul 14, 2011 4:26 pm

My trades this week

Image

Image

Image

Blind mice rules.
I know I am just "scalping" here.

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Postby pawelklos » Tue Jul 26, 2011 12:15 am

How to determine the major trend for this method?

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Postby pawelklos » Wed Jul 27, 2011 10:58 am

Jalarupa wrote:Okay so I'm sure many of you spotted this setup on the EU a week ago... ;-) It was a thing of beauty

Image

Notice big 9CC candles not being able to close above the 25%/75% retrace line in the sand and wicks being sent to the H4 LIS zone which gave added confirmation...

Image

And then reaching a profit target of 161.8

Over 500 pips in 1 week... :shock:


So H9 candles shows the main trend or how you examine which way the market goes?

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Jalarupa
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Postby Jalarupa » Wed Jul 27, 2011 11:10 am

Body in the direction of profit...
Wick in the direction of loss...

Look at the massive drop off the yearly high and price returning to the yearly high. Trade off the weekly extreme... In the direction of profit... Wicks show not the way... Body shows the way... As MO says.
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

pawelklos
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Postby pawelklos » Wed Jul 27, 2011 11:45 am

fine, I wonder on how to play the trend and adding position.

Price does hundreds of pips without ekstrimum, you know what I mean?

Today I will try to present my ideas.

This image inspires me to think of something to play with the trend.
Attachments
trend.gif
trend.gif (26.73 KiB) Viewed 2049 times

Belkin
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Postby Belkin » Wed Jul 27, 2011 1:02 pm

I've also been practicing this system.. Lets revive this topic.
Ill post the trade i am in now

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Postby Belkin » Wed Jul 27, 2011 1:23 pm

The trade I am in. with explanations.

1d view through 8hCC
Image

1h 3CC my main chart.
Image

Comments/Corrections are welcomed

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Postby Belkin » Wed Jul 27, 2011 3:06 pm

In EU aswell

Image

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