Blind Mouse Strategy

[bettlebox]

Thanks Aliassmith i understand.
thank v much.

Think i understands Fat cat now too i missed page were MO talked about Fat cat is set candles that crosses and then crosses back across a line you believe to be a SR.

http://kreslik.com/forums/viewtopic.php?p=41090#41090

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.

[MightyOne]

This picture is large simply because it has to be

In response to Braathen's pictures:

(EDIT: cleaned up the chart)

[MightyOne]

Blind Mouse Strategy for combining candles:

[aliassmith]

This picture is large simply because it has to be

In response to Braathen's pictures:

(EDIT: cleaned up the chart)

Jealous I like some 56% please

So what is your SL size based on that 4.5% risk at 5:1 leverage ?

[Braathen]

Thank you very kindly for these pictures MO.
This helps me out ALOT! and brings more to the table.

Quick question for pic1.
The box at the first entry thats hovering above s&r.
Does this have any meaning?

edit!
Does anyone know a candle indi that can do this..
several TF's on 1 chart.

[MightyOne]

This picture is large simply because it has to be

In response to Braathen's pictures:

(EDIT: cleaned up the chart)

Jealous I like some 56% please

So what is your SL size based on that 4.5% risk at 5:1 leverage ?

$1000: 5 to 1 = 5,000c = $0.50

$1,000 * 0.045 = $45

$45 / $0.50 = 90 pip cat stop.


Think of the 90 pips as a "loss cushion" in comparison to the profit cushions.

Once things start going your way you magnify your gains by using profit cushions.

[MightyOne]

Thank you very kindly for these pictures MO.
This helps me out ALOT! and brings more to the table.

Quick question for pic1.
The box at the first entry thats hovering above s&r.
Does this have any meaning?

That is the "loss cushion" that I refer to in the above post.

[MightyOne]

Price closes over a line...
price doesn't close over a line

Lets look at this another way:

[MightyOne]

Without wicks this time:

[newark18]

This picture is large simply because it has to be

In response to Braathen's pictures:

(EDIT: cleaned up the chart)

Jealous I like some 56% please

So what is your SL size based on that 4.5% risk at 5:1 leverage ?

$1000: 5 to 1 = 5,000c = $0.50

$1,000 * 0.045 = $45

$45 / $0.50 = 90 pip cat stop.


Think of the 90 pips as a "loss cushion" in comparison to the profit cushions.

Once things start going your way you magnify your gains by using profit cushions.

Forgive my ignorance but does this mean 50 cents per pip and 90 pip stop loss? I always thought 5 to 1 leverage meant $5 per pip. And 90 pips is a lot. I have been playing with 20 pips and getting stopped out more than I like.