Blind Mouse Strategy

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newark18
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Postby newark18 » Thu May 20, 2010 3:40 pm

Now this is dizzying. Red lines = H9 S&R lines and black lines = H3 S&R lines.

Image

I know you advocate drawing only one line but I like to set up my chart beforehand. Otherwise, I tend to miss it.
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gfg1
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Postby gfg1 » Thu May 20, 2010 3:42 pm

Maybe bredin or blubbb can whip up an indicator for this TF. LOL

MightyOne wrote: Price closes over a line on the holy sh_t TF
Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO

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newark18
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Postby newark18 » Thu May 20, 2010 3:44 pm

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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MightyOne
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Postby MightyOne » Thu May 20, 2010 3:46 pm

newark18 wrote:Now this is dizzying. Red lines = H9 S&R lines and black lines = H3 S&R lines.

Image

I know you advocate drawing only one line but I like to set up my chart beforehand. Otherwise, I tend to miss it.


Only use one line per period and focus on one line at a time.

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MightyOne
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Postby MightyOne » Thu May 20, 2010 4:57 pm

Welcome to MO's World :lol:

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MightyOne
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Postby MightyOne » Thu May 20, 2010 5:05 pm

Maybe you should look at this old pic again:

http://i50.tinypic.com/2zofcdt.gif

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Braathen
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Postby Braathen » Thu May 20, 2010 5:22 pm

Great Pictures. Thank you.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Braathen
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Postby Braathen » Thu May 20, 2010 6:01 pm

**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-

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prochargedmopar
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Postby prochargedmopar » Thu May 20, 2010 6:52 pm

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.

Image
#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

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poipen
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Postby poipen » Thu May 20, 2010 7:19 pm

I have a quick question for you guys, up until this point ive been trading a
very small micro account and im curious as to when i should add to that
account. Ive more than doubled my 5$ deposit in less than 2 weeks. do you
guys think i am ready?
Wise Men Know Their Limits, Great Men Have No Limits.

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