Blind Mouse Strategy
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Thanks again MO.
it has been awhile since a new tools. simple yet powerful.
1) extreme, close above/below, close below/above
- a place to look for change of momo instead of looking all over the place.
- since all price starts from m1, this is very near the beginning without going against the flow.
2) position adding, average below/above a line.
- really kool. probably this is very close to the best tool in my list (ie mo exit). love this.
You are really GIVING ALL away! invaluable.
it has been awhile since a new tools. simple yet powerful.
1) extreme, close above/below, close below/above
- a place to look for change of momo instead of looking all over the place.
- since all price starts from m1, this is very near the beginning without going against the flow.
2) position adding, average below/above a line.
- really kool. probably this is very close to the best tool in my list (ie mo exit). love this.
You are really GIVING ALL away! invaluable.
* anyOne can be prOfitable tradING ANY line. see it?
- TygerKrane
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franck wrote:Thanks again MO.
...................................
You are really GIVING ALL away! invaluable.
I agree with franck, MO,
I saw that you were sick, I hope you are feeling better.
With this latest installment of amazingly valuable info, I hope that this set of lessons isn't you preparing to go away! I'm hoping to meet all you guys come the next Pirate Gathering!! {It totally looks like newark18 will be there!}
<--Jolly Roger Flag Smiley
Last edited by TygerKrane on Fri May 21, 2010 7:30 pm, edited 1 time in total.
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
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- newark18
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MightyOne wrote:newark18 wrote:Greens are my entries and red was my exit. I saw some support that I didn't think it was going to go any further. Needless to say, i am pretty happy with the result.
You may want to delay the 3rd entry if you do not feel that you can get much distance out of it.
I didn't know how far it would go at the time of entry. I just became worried after it reached an S&R point and would not close beyond it. Should I have known it would stall at the point of entry?
I find that I know where I want to enter, I just need to refine exactly how I enter. Right now, I am waiting at the S&R line for entry. i think I need to delay it a bit but I just haven't figured out exactly how. I think I may go below H1 to refine it.
I don't mind getting stopped out if I am wrong in direction. It happens. But I want to reduce the times that I get stopped out before it goes in the direction that I anticipated.
Failure is an opportunity to learn.
Hi everyone
read through the entire post 3 times
here my questions
If possible can respond with a picture for each question i m not the quickest of cats sorry. Or should that be "mice"
1. what is a "U" like "1U" or "2U", and how is calculated? .
2. can you do a clear picture of produce a Fat cat support.
3. I m also confused about average, i understand the formula but between which points do you calculate it. again if you can do clear picture explaining i will be able to understand it.
thanks in advance
BB
read through the entire post 3 times
here my questions
If possible can respond with a picture for each question i m not the quickest of cats sorry. Or should that be "mice"
1. what is a "U" like "1U" or "2U", and how is calculated? .
2. can you do a clear picture of produce a Fat cat support.
3. I m also confused about average, i understand the formula but between which points do you calculate it. again if you can do clear picture explaining i will be able to understand it.
thanks in advance
BB
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.
- aliassmith
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- aliassmith
- rank: 5000+ posts
- Posts: 5057
- Joined: Tue Jul 28, 2009 9:50 pm
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bettlebox wrote:Hi everyone
read through the entire post 3 times
here my questions
If possible can respond with a picture for each question i m not the quickest of cats sorry. Or should that be "mice"
1. what is a "U" like "1U" or "2U", and how is calculated? .
2. can you do a clear picture of produce a Fat cat support.
3. I m also confused about average, i understand the formula but between which points do you calculate it. again if you can do clear picture explaining i will be able to understand it.
thanks in advance
BB
I can help except for the "fat cat" thing.
A "U" is a unit. It depends on you what that will be. It can be 1 microlot,
2 lots or whatever.
The average is the midpoint between two equal orders.
Example:
first order long is placed at 1.2500 and you want your average to be at
1.2525 then you would place an equal order at 1.2550.
Trade Your Way as Long as It Makes Money!
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