Blind Mouse Strategy

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es/pip
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Postby es/pip » Sun May 23, 2010 2:32 am

newark18 wrote:
MightyOne wrote:
newark18 wrote:
MightyOne wrote:Price closes over a line...
price doesn't close over a line :shock:

Lets look at this another way:





Image


Now I am a bit confused. I have been using extremes as S&R lines but you use bodies here.


You didn't get the memo?

we use both...

Bodies in the direction of profit, wicks in the direction of loss.


come again? Man, I am really lost right now. I am also very high but I feel like I am smarter when I am high (although my friends tell me that I am not).



have you ever thought this before?

" i am really high right now, but i think if i smoke more i can get higher"



:D
Bend over and assume the position for another 4 years of hope and change.

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aliassmith
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Postby aliassmith » Sun May 23, 2010 2:42 am

MightyOne wrote:
aliassmith wrote:
MightyOne wrote:This picture is large simply because it has to be :lol:

In response to Braathen's pictures:

(EDIT: cleaned up the chart)
Image


Jealous :wink: I like some 56% please :lol:

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.


Was the 90 pip stop intentional or was it a function of figuring out 5:1 and
4.5% risk. It looks like you wanted the stop to be beyond the recent
top/turn.
Trade Your Way as Long as It Makes Money!

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es/pip
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Postby es/pip » Sun May 23, 2010 2:43 am

MO,

1. are you trading this way all the time, or only on the way to the cash zone for a target?

-- if all the time what tells you to close the trade if you do not have a target in mind--- extremes?

2. when you get position 1 on and then add to create an average, is your stop at your average price?---- ie BE


if i understand correctly

it all starts with price closing above and then below a line----- this forms the s/r--- fat cat or whatever

then you rat in for the first one and then it is all about placing your averages for the add ons.


the only thing that has me a little bit---- is if you do not have a cash zone target---- then when are you looking to close it ?
Bend over and assume the position for another 4 years of hope and change.

aliassmith
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Postby aliassmith » Sun May 23, 2010 2:57 am

MightyOne wrote:Price closes over a line...
price doesn't close over a line :shock:

Lets look at this another way:





Image


Is this how you see close above/close below?
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es/pip
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Postby es/pip » Sun May 23, 2010 3:00 am

es/pip wrote:MO,

1. are you trading this way all the time, or only on the way to the cash zone for a target?

-- if all the time what tells you to close the trade if you do not have a target in mind--- extremes?

2. when you get position 1 on and then add to create an average, is your stop at your average price?---- ie BE


if i understand correctly

it all starts with price closing above and then below a line----- this forms the s/r--- fat cat or whatever

then you rat in for the first one and then it is all about placing your averages for the add ons.


the only thing that has me a little bit---- is if you do not have a cash zone target---- then when are you looking to close it ?


b= close below
a= close above


Image
Bend over and assume the position for another 4 years of hope and change.

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newark18
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Postby newark18 » Sun May 23, 2010 3:05 am

es/pip wrote:
newark18 wrote:
MightyOne wrote:
newark18 wrote:
MightyOne wrote:Price closes over a line...
price doesn't close over a line :shock:

Lets look at this another way:





Image


Now I am a bit confused. I have been using extremes as S&R lines but you use bodies here.


You didn't get the memo?

we use both...

Bodies in the direction of profit, wicks in the direction of loss.


come again? Man, I am really lost right now. I am also very high but I feel like I am smarter when I am high (although my friends tell me that I am not).



have you ever thought this before?

" i am really high right now, but i think if i smoke more i can get higher"



:D


All the time?
Failure is an opportunity to learn.

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newark18
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Postby newark18 » Sun May 23, 2010 3:08 am

I still don't understand how you rat into a trade. Every time I try to enter a trade away from S&R points, I get stopped out.
Failure is an opportunity to learn.

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newark18
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Postby newark18 » Sun May 23, 2010 3:14 am

ok fellas, going to bed right now. Gotta care for the rugrats tomorrow. But I'll in check in as soon as i wake up as I do every morning. Man, I'm such a loser.

If I am too high to fall asleep, I'll see you later tonight! And I might be after I just took a hit hoping that I could get higher. I very well might be higher except I don't know for sure because my short term memory right now is 5 seconds long.

I think I should stop talking now....
Failure is an opportunity to learn.

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es/pip
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Postby es/pip » Sun May 23, 2010 3:28 am

newark18 wrote:ok fellas, going to bed right now. Gotta care for the rugrats tomorrow. But I'll in check in as soon as i wake up as I do every morning. Man, I'm such a loser.

If I am too high to fall asleep, I'll see you later tonight! And I might be after I just took a hit hoping that I could get higher. I very well might be higher except I don't know for sure because my short term memory right now is 5 seconds long.

I think I should stop talking now....


food for thought

so do you ever really get higher, or just think that you do ?

i know you can drink more and get drunker

but i have never been able to smoke more and get higher

some say they can smoke more and get higher

i have yet to see it actually happen

one time i thought i did, but then wasn't sure later on

the red cat ran around the red house

the blue dog is no longer a blue dog

the green monster ate green beans

the yellow fish swam in the yellow pond





i have a feeling you will re-read this post many many times



:D
Bend over and assume the position for another 4 years of hope and change.

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dojirock
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Postby dojirock » Sun May 23, 2010 3:40 am

yea, what if C A T really spelled Dog?.....from revenge of the nerds. :D

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