Blind Mouse Strategy

[ajaymein]

Gotta be loving the GBP now eh Jalarupa..!!

I'm In it!!! I'm In IT!!!!!

WHOOOHOOOO!!!! Run my Baby Run!!!!

Last nite put 2 more on after FED NEWS 1.6077 / 1.6093 & this morning @ 1.6136 (pullback didn't even make me sweat cause the average line is faaaar away )

LOVING THE FX markets atm...

I'm shorting the pants off the UC as well

VIVA LA BOOM BOOM!

[***FX-JEDI***]

hehe nice one Ajay good work...I am still in....

[erika_bb]

im working on a short term strategy based on the principles of price close above something, below something which has helped me drastically in trading. i can believe something so simple can be so true.

however after looking at Daily+charts for so long, i cant help but realize how important it is to trade with the daily + direction. im thinking of incorporating the weekly crash zone to this style and starting new trades every week.

the problem was i was up 2-300 hundred pips several times, but never took profit cause i was waiting to stack. and those 2 to 3 breakevens were such a waste. if i can lower down to a weekly focus and stack to the weekly crash zone it would be ideal

anyone try anything similar?

BTW i really want to thank MO. after trying to use indicators after using"price close below/under CC" i felt that using indicators is like driving blind.

[Jalarupa]

I would like to welcome US traders to the floor... Die Dollar Die!!! MWAHAHAHAHAH!~!!!!

[ajaymein]

Just picked off another easy 50 pips...over 220% on my account in past 4 days risking a mere 5% per trade.

US Dollar is in the sinker!

[Jalarupa]

Don't stop Aja!! We got another 7 months of this mess... WAHAHAHAHA

[ajaymein]

I'm done for the week

[gfg1]

Know that MO preaches longer time frames with blind mouse. This was my interpretation of FCSR, so maybe he can pint out any flaw in process.

Drew the line at bottom of CC, which also was the v in price. Closed below right away, so all good. Waited for close above. Placed entry but forgot the spread for target of 10 pips, so only got 8. Not greedy, trying to make consistent 10 per day for now, which would be like Mt. Everest to me.

[trueblueTEX]

Hey gfg1,

I'm am not real familiar w/ blind mouse so this question may be stupid.

At what point do you decide to draw the HZ pink line? Must it coincide with V in price or was that just coincidence?

[gfg1]

hey true, it is my version which addresses my shortfall when entering in the past. Do not know if you have ever seen the directv commercial with the russian, "I jump eeen eeet" Well I would see a bar going up and there I went only to be stopped out. Lack of discipline, I know but did it over and over, so dumped the bars to eliminate that angst.

I wait for the v or ^, which to me is a s/r line. Then wait for a CC to close over, and then under to go long and vice a versa for short.

Sorry for long winded obtuse answer but I needed to get something to work for me. Is it technically per MO's teachings? I doubt it. But as Jim Rome says "you have to own it". This is my way of owning my approach.

Hey gfg1,

I'm am not real familiar w/ blind mouse so this question may be stupid.

At what point do you decide to draw the HZ pink line? Must it coincide with V in price or was that just coincidence?