spa wrote:took the liberty of modifying BLUBB'S CUSTOM CANDLE so that we can have 2 indicators at the same time on the chart...see the chart
Blind Mouse Strategy
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spa, what's the name of the indi that has targets 1-5? TIA
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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- aliassmith
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Re: Time of day to trade
prochargedmopar wrote:MightyOne wrote:cosmoe1 wrote:Hi Mo,
I've been watching this thread since you guys started it.
One main qusetion I have is what time of day do you trade. Or do you put in limit orders and when it happens it happens.
The other is concerning stop loss. Is your stop loss always put at the height of the previous candle on a 4h candle.
I have been trading Tro's Rat Reversal system for about two weeks,. I am constantly getting stopped out using a 10 pip stop loss as he reccommends. I wont go as far as saying my Broker is stop hunting but..................
cosmoe1
When price is moving, that is the time of the day to be trading.
Stop loss? What stop loss? Only people that want to be stopped out use a stop loss
RAT TRADE
No system will succeed without a skillful trader. If it were as easy as buying the breakout of a #2 point then everyone would be rich.
No system will succeed without a skillful trader. If it were as easy as buying the breakout of a #2 point then everyone would be rich.
AMEN'
The real skill is knowing when to get out of a winning trade as well as a
lossing trade. Having great entries make the exits easier.
Trade Your Way as Long as It Makes Money!
spa did it a bit different, based it off 1 hr chart, but same fat cat on both 15 min and 1hr.
MO, ty for the repetition of the same thing over and over. Also, ty dragon33 for the 50% reminder. Think am starting to see the light. Just need to grow some raisins and stay in longer.
MO, ty for the repetition of the same thing over and over. Also, ty dragon33 for the 50% reminder. Think am starting to see the light. Just need to grow some raisins and stay in longer.
spa wrote:todays chart
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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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MO, recognizing that you use longer time frames (working to that goal someday), are fat cats viable on shorter time frames?
Example of 5min EU, where it appears 2 fat cats. There were closes below and then above fat cats. The reason for the "x" is that it would not have been valid entry as larger 3CC bar had not closed yet.
Once closed above, fat cat entry #1, take it up the extreme. Then wait for fat cat entry #2 and do same.
Do you agree?
TIA
Example of 5min EU, where it appears 2 fat cats. There were closes below and then above fat cats. The reason for the "x" is that it would not have been valid entry as larger 3CC bar had not closed yet.
Once closed above, fat cat entry #1, take it up the extreme. Then wait for fat cat entry #2 and do same.
Do you agree?
TIA
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- eu5.gif (25.31 KiB) Viewed 4016 times
Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO
gfg1 wrote:MO, recognizing that you use longer time frames (working to that goal someday), are fat cats viable on shorter time frames?
Example of 5min EU, where it appears 2 fat cats. There were closes below and then above fat cats. The reason for the "x" is that it would not have been valid entry as larger 3CC bar had not closed yet.
Once closed above, fat cat entry #1, take it up the extreme. Then wait for fat cat entry #2 and do same.
Do you agree?
TIA
Thou shalt not trade off of anything less than a daily+ extreme
I even made a picture for you:
You cannot escape a long(er) term chart, you are just going to have to get used to looking at them.
MightyOne wrote:gfg1 wrote:MO, recognizing that you use longer time frames (working to that goal someday), are fat cats viable on shorter time frames?
Example of 5min EU, where it appears 2 fat cats. There were closes below and then above fat cats. The reason for the "x" is that it would not have been valid entry as larger 3CC bar had not closed yet.
Once closed above, fat cat entry #1, take it up the extreme. Then wait for fat cat entry #2 and do same.
Do you agree?
TIA
Thou shalt not trade off of anything less than a daily+ extreme
I even made a picture for you:
You cannot escape a long(er) term chart, you are just going to have to get used to looking at them.
can you post a daily chart showing where you got the line at 1.2177 from?
Bend over and assume the position for another 4 years of hope and change.
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