Blind Mouse Strategy

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TygerKrane
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Postby TygerKrane » Thu Aug 12, 2010 7:35 pm

cwn6161 wrote:
MightyOne wrote:
It only looks like I have god-like abilities...

the truth is that I am just committed to a move
:lol:


Image



I made an attempt last week to catch a reversal on EU but got stopped out... ended up missing this move looking for a retracement.

Is there something I failed to look at last week when I saw the price falling, or is this just an example not being able to win them all?

My thoughts:
(I'm replying to you as well as talking to myself here; Great question by the way.)

Image

**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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bacoazul
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Re: How to combine CC for BM

Postby bacoazul » Thu Aug 12, 2010 7:52 pm

MightyOne wrote:


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.



Hi MO, sorry for the stupid question but i don't understand
that, can you or someone else explain it with a chart?
ty
These are my principles. If you don't like them, I have others.

johny
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Re: How to combine CC for BM

Postby johny » Thu Aug 12, 2010 8:02 pm

bacoazul wrote:
MightyOne wrote:


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.



Hi MO, sorry for the stupid question but i don't understand
that, can you or someone else explain it with a chart?
ty


Hi Bacoazul,

I will try.. Notice the post above your post. There is a chart posted by MO (tygerkrane commented on it).
If you notice the custom candle selected on that chart by MO,
you would find the answer to your question.
Highest close prior to the congestion was selected.

Best Regards,
-- Johny

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bacoazul
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Re: How to combine CC for BM

Postby bacoazul » Thu Aug 12, 2010 9:00 pm

johny wrote:
bacoazul wrote:
MightyOne wrote:


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.



Hi MO, sorry for the stupid question but i don't understand
that, can you or someone else explain it with a chart?
ty


Hi Bacoazul,

I will try.. Notice the post above your post. There is a chart posted by MO (tygerkrane commented on it).
If you notice the custom candle selected on that chart by MO,
you would find the answer to your question.
Highest close prior to the congestion was selected.

Best Regards,
-- Johny


I konw it was an stupid question, lol, i was confusing
highest high with higest close, tx for your answer
These are my principles. If you don't like them, I have others.

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MightyOne
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Postby MightyOne » Fri Aug 13, 2010 3:10 am

TygerKrane wrote:
cwn6161 wrote:
MightyOne wrote:
It only looks like I have god-like abilities...

the truth is that I am just committed to a move
:lol:


Image



I made an attempt last week to catch a reversal on EU but got stopped out... ended up missing this move looking for a retracement.

Is there something I failed to look at last week when I saw the price falling, or is this just an example not being able to win them all?

My thoughts:
(I'm replying to you as well as talking to myself here; Great question by the way.)

Image


Why not look at the CCs 2x2 starting with the first two that closed below a line.

Spatial Intellect, Spatial intellect...

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lukx
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Postby lukx » Fri Aug 13, 2010 3:38 am

so I entered long i both cases ...
Image

now I'm in profit :) around 30 pips but...
are those lines good for scaling in? :
I have no idea where to place 4 U .

Image

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prochargedmopar
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Postby prochargedmopar » Fri Aug 13, 2010 6:33 am

lukx wrote:Mo you were saying that exit should be on first long candle , so why didn't you exit here?
Image


Lukx,
Bounce trading is a totally different psychology.
You've got to have big balls (or small risk) and be willing to take profit.

Enter the FIRST time price comes back to a "key" level and wait for it to sink into the bodies of the candles. You'll miss some trades but reduce your stop size greatly.

This works great if trading in the M.O. direction also.
See price at 1.3226 (weekly pivot) Previous support became resistance. :wink:

Image

If your a master M.O. trader that would have been a great place to hedge for some spare change. Or, if your a bounce trader you could have been done for the day and closed up shop in short order.

If we are NOT going to FIX what ail's us, then we've got to adapt our strategies to work around our shortcomings.

http://www.nobrainertrades.com/2010/08/ ... s-car.html
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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lukx
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Postby lukx » Fri Aug 13, 2010 9:48 am

my GJ trade hit SL :(
EJ also...damn and I was for 60 in profit on both :(

jarnapal
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Postby jarnapal » Fri Aug 13, 2010 12:23 pm

lukx wrote:my GJ trade hit SL :(
EJ also...damn and I was for 60 in profit on both :(


It was a correction. What more would you have wanted ? To find the bottom amd see price shooting 300+ pips back ? :lol:

jarnapal
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Postby jarnapal » Fri Aug 13, 2010 12:24 pm

Sorry for the double.

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