vane,
if you havent registered, you cant download. Should only take a minute or so.
G.
Blind Mouse Strategy
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- bredin
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- bredin
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dont worry about it, I realized I should have explicitly stated that somewhere
G.
G.
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Re: How to combine CC for BM
lazygeorge wrote:TygerKrane wrote:george,
You might consider the following:
orfrom http://kreslik.com/forums/viewtopic.php?p=41661#41661 wrote:...
Drawing CC's is easy:
1. Look for a Rat.
2. Combine the previous 3 candles for CC.
3. Consider the CC of the previous 6 candles.
Thanks tygerkrane....Any insight on how MO has combined the candles on the post before yours?
Im thinking he's seen a rat and combined the prevous three,i could be totally wrong tho????
Look for any rat or the latest rat??
sorry for my questions guyz
As a general rule the CC should close at the same price as the highest close of the single TF if you are looking to trade short.
An exception to this would be if price closed high and then you got a lot of overlapping candles where one of the candles in congestion closed even higher. In this case I would use the highest close prior to the congestion.
Always check how the chart in the other shifts.
Ideally you want many green CC in a rally, many red CC in a decline, and smaller CC running through areas of congestion.
- bredin
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MO, is this what you mean?
II_CC looks for D+ extremes to place CCs. In this case the lowest close to the Daily (Weekly) low.
G.
II_CC looks for D+ extremes to place CCs. In this case the lowest close to the Daily (Weekly) low.
G.
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- Jalarupa
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Analysis -
Took the entry off the Daily Weekly Monthly Extreme
Confirmation from Dragon's Equals observations on the H1
Wanted to put a second trade on and in hind sight maybe I should have, as to scalp to the 50% on the H4...
But yeah I'm sure these things will develop as I do...
However I'm still gonna try and stick to the longer term plan, as MO says move off a Weekly, Monthly Extreme is HUGE (So I wanna give it a shot)
Based Fat Cat S&R off the large H4 Candles
Looking to take my second entry at the place marked... only if I get a candle closing over the FCSR
This should place my average above the 50% of the large H4 as well as the FCSR so hopefully making double sure of the protection...
Otherwise I'll just check in tomorrow and try enter short off the daily extreme again...
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