EXAMPLE ANSWER:
MO's MBT Micro
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MightyOne wrote:es/pip wrote:MightyOne wrote:I do need some blind mice (Yalies) to test the Blind Mouse Strategy that I put together.
1 spot is already taken and there can only be 3 blind mice
2. You must be able to successfully execute Rat Trades.
3. You must be familiar with the Cash Zone.
4. You must play deaf when the 4th blind mouse begs you to teach him
I am going to see if I can move 3 blind mice to $100,000 accounts via a basic idea (at which time they will no longer be blind mice and 3 more will be selected).
Sounds fun eh?
how are the other 2 blind mice to be chosen ?
be easy on me
i am basing this off assuming the exits are at the x's which would be the cash zone
as well as
i am considering a combined candle to be the rat---- ie not taking a rat off the individual candle
move 1 down
1st entry would be the rat--- first red line
next entry i would want my avg position to be at the 2nd red line, so i would be deciding which area to short more in order to get my position averaged on that s/r(2nd line) based on breaks around the 3rd red line area
move 1 up
1st entry green rat---- 1st green line
next entry i would be buying a break to get my position to be around the 2nd grren line, by buying around the 3rd green line
move 2 up
rat at first
want avg to be around 2 by buying 3rd
move 2 down
rat at first
want my avg to be around the high of 2nd line via entering at 3rd line
could add another here at the 5th line moving a part of some average to the 4th line ---- i am not sure i would want to bring my full average down that low on that one
Bend over and assume the position for another 4 years of hope and change.
#1 first momo candle up could have taken trade at close or waited for retrace, slowing momo, price reaching, and failure to close beyond extreme would have alerted something is wrong; tighten stop/exit
#2 price failed to close beyond extreme 5 4H bars of EQ, could have entered at close of first red 12 hour candle down or waited on momo candle and entered on retrace, slowing momo, price reaching & failing to close beyond extreme = tighten stop/exit.
EDIT: After further review I could have possibly been shaken out of trade #1 at first red H12 candle.
EDIT #2 I didn't even get a piece of the ball on this.
#2 price failed to close beyond extreme 5 4H bars of EQ, could have entered at close of first red 12 hour candle down or waited on momo candle and entered on retrace, slowing momo, price reaching & failing to close beyond extreme = tighten stop/exit.
EDIT: After further review I could have possibly been shaken out of trade #1 at first red H12 candle.
EDIT #2 I didn't even get a piece of the ball on this.
Last edited by tmanbone on Sun May 09, 2010 5:02 am, edited 2 times in total.
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