Thanks, but 3 and 4 have not been stated simply, IMHO.
Maybe they can't be. I don't know.
Blind Mouse Strategy
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- TheRumpledOne
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- prochargedmopar
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es/pip wrote:TheRumpledOne wrote:prochargedmopar wrote:
1. Use TRO plot set to 0. (+) = Daily H/L +/or GREATER(W1/MTH1, ect)
Close to the same as your 20 pips from X level method.
2. You want to trade in the direction of the candle overlay color.(CC color)
Close to your H1/D1 bias.
3. S&R, easily if you use your mousy sniffer. Or fat cats and wick dolls.
4. The average price of your 1st and 2nd entry should fall at a level the mouses nose has sniffed out. It's your line in the sand that lets you know when you are wrong. Very important information for those wanting to risk 1% and make 47% on one market move.
Simple enough?
1 and 2, yes.
3 and 4, no.
I am looking for something like my RAT REVERSAL RULES. Simple and spelled out.
Thanks.
4. you want your average position to fall at a s/r point. so if you are short and you are looking to add another position, you want your average price to fall above the last s/r of the bounce
Exactly what I was trying to say.
Thx.
Continued in my blog so I don't muck up M.O.'s thread.
http://kreslik.com/forums/viewtopic.php?p=40635#40635
Last edited by prochargedmopar on Sun May 16, 2010 10:04 pm, edited 2 times in total.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- TygerKrane
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IN-XS wrote:newark18 wrote:MO,
I really love this method that you have laid out. It forces you to focus on S&R lines and areas. Price actions become so much meaningful when near these lines. Before I was merely watching price action letting my emotions tell me whether price was going to continue or reverse. Now I feel like I can read the PA and trading becomes so much less emotional (at least for me). I still get caught up in it still but much less than before.
Friday was a good day for me. I didn't make much money. But I made good pips and it felt more earned. Before, I think I was more lucky. I still have a very very long way to go. But really, I don't know where I would be without your help.
Really, everyone I tell about you and this website about how you are helping others, they all say, "what does he get out of it?" The only answer is that you want to help people and you would never consider us a threat anyway. But it really is hard to fathom how generous you are with all of this. And look at what you brought out in others? Everyone here wants to help each other grow. This really is a special website if you think about it. No other website is so giving with each other about trading. People in other sites are so secretive about what to do be successful. I'd say that was pretty meaningful.
Anyway, I just wanted to say thanks again. This was very therapeutic for me as I like to talk when I am high. :p For all those people thinking I'm some druggie, you'd be toking up too if you just got done taking care of 4 children!
Anyway, I have got to stop with this verbal felatio. Some people are going to start to think I am gay (not that there's anything wrong with that). I'm going to press enter even though every bone in me is telling me that I am too messed up to be writing messages into a forum right now. Later.
Lol! That was a blast of emotion out of of the blue! I have to agree with you though. Everyone I tell how amazing this website is and how helpful the people on here are, I get asked the exact same question, "what are they getting out of it?".
I cant answer that, all I can think is that at some stage the people offering advice were in the same position as I am and so many other traders. Knowing how hard it is to find to find good education in this game without been scammed. Also maybe their success has given them all the financial gain they need and now they want to give back in some way.
Again I dont fully understand why they are so helpful, but all I can say is I am grateful and I hope one day I am in a position to help people out also. I would love to help the people that have directly helped me, but unfortunately I dont think there is anything that I could offer, that would be of help to them. If there is be sure to let me know.
I think MO likes asian chics
On a serious note, I too, can't wait until I can give back. I previously assumed that it would be easier to give back to friends and family than to strangers. But as I see strangers who approach this with real ambition, I see that THERE is the most motivating area for me to give back to.
Thank all of you very much for making this the kind of place that it is.
Last edited by TygerKrane on Sun May 16, 2010 5:39 pm, edited 1 time in total.
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
es/pip wrote:TheRumpledOne wrote:prochargedmopar wrote:
1. Use TRO plot set to 0. (+) = Daily H/L +/or GREATER(W1/MTH1, ect)
Close to the same as your 20 pips from X level method.
2. You want to trade in the direction of the candle overlay color.(CC color)
Close to your H1/D1 bias.
3. S&R, easily if you use your mousy sniffer. Or fat cats and wick dolls.
4. The average price of your 1st and 2nd entry should fall at a level the mouses nose has sniffed out. It's your line in the sand that lets you know when you are wrong. Very important information for those wanting to risk 1% and make 47% on one market move.
Simple enough?
1 and 2, yes.
3 and 4, no.
I am looking for something like my RAT REVERSAL RULES. Simple and spelled out.
Thanks.
4. you want your average position to fall at a s/r point. so if you are short and you are looking to add another position, you want your average price to fall above the last s/r of the bounce
3. Did price cross S&R?
4. Place an average beyond S&R.
Beyond S/R? In es/pip's interpretation beyond means above. Since the beginning of the thread I was thinking below. This is where I'm getting confused. Cheers,
"The simplicity of the markets is it's greatest disguise"
T
T
- TheRumpledOne
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TheRumpledOne wrote:3. Have to define, precisely, what S&R is.
4. Have to define, precisely, what average is.
Each step must be precisely defined.
4.
how would you define average?
i would define it as the average of the two positions
Bend over and assume the position for another 4 years of hope and change.
- aliassmith
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tmanbone wrote:es/pip wrote:TheRumpledOne wrote:prochargedmopar wrote:
1. Use TRO plot set to 0. (+) = Daily H/L +/or GREATER(W1/MTH1, ect)
Close to the same as your 20 pips from X level method.
2. You want to trade in the direction of the candle overlay color.(CC color)
Close to your H1/D1 bias.
3. S&R, easily if you use your mousy sniffer. Or fat cats and wick dolls.
4. The average price of your 1st and 2nd entry should fall at a level the mouses nose has sniffed out. It's your line in the sand that lets you know when you are wrong. Very important information for those wanting to risk 1% and make 47% on one market move.
Simple enough?
1 and 2, yes.
3 and 4, no.
I am looking for something like my RAT REVERSAL RULES. Simple and spelled out.
Thanks.
4. you want your average position to fall at a s/r point. so if you are short and you are looking to add another position, you want your average price to fall above the last s/r of the bounce
3. Did price cross S&R?
4. Place an average beyond S&R.
Beyond S/R? In es/pip's interpretation beyond means above. Since the beginning of the thread I was thinking below. This is where I'm getting confused. Cheers,
that is because i was doing it on a short example.
If you were trading long then you would want your average below the S/R
Bend over and assume the position for another 4 years of hope and change.
TheRumpledOne wrote:3. Have to define, precisely, what S&R is.
4. Have to define, precisely, what average is.
Each step must be precisely defined.
you take a short position at 100
it goes to 50
bounces to 75
you want to short more
you want your average above the bounce --- say 76
100 + x / 2 = 76
x is your entry to get your average at 76
Bend over and assume the position for another 4 years of hope and change.
- IN-XS
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es/pip wrote:TheRumpledOne wrote:3. Have to define, precisely, what S&R is.
4. Have to define, precisely, what average is.
Each step must be precisely defined.
you take a short position at 100
it goes to 50
bounces to 75
you want to short more
you want your average above the bounce --- say 76
100 + x / 2 = 76
x is your entry to get your average at 76
Oh Ok!
That makes sense, thank you for your explanation.
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