2009.09.10 DRAIN THE BANKS - LIKE A RAT

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MightyOne
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Just an updated chart.

Postby MightyOne » Thu Jul 06, 2017 3:01 am

EURUSDM30.png
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MightyOne
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby MightyOne » Thu Jul 06, 2017 5:31 pm

What do you SEE?

If you see it differently then do it differently.

EURUSDM30.png
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TheRumpledOne
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Fri Jul 07, 2017 1:12 pm

EURUSDM15.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Mon Jul 17, 2017 1:38 pm

EURUSDM15.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Tue Jul 18, 2017 1:28 pm

EURUSDM15.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Tue Jul 25, 2017 2:10 pm

EURUSDM15.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby MightyOne » Mon Aug 21, 2017 1:29 pm

If your thoughts were not on trading a larger chart before you entered a trade then don't hold long, it is as simple as that.

Taking profit and building size is far more profitable than trying to maximize pip gains.

This entry is a RAT trade and what is supporting it is the steep decline (which leads to profit taking), the longer bar that closed
around the blue line, & the second drop (the common 1-2 punch)

AUDJPYM30.png
AUDJPYM30.png (47.98 KiB) Viewed 445 times


If it were a wider pattern then it might look like this:

The first chart and this chart look the same to me; not because they look identical but because they share the same nature.

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Fxprospector
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby Fxprospector » Tue Sep 05, 2017 11:19 pm

Oh rumpled one, i like your method, jw, do you start trading at the ny open or do you trade the london as well?

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby The_Snowman » Wed Sep 06, 2017 12:13 am

Fxprospector wrote:Oh rumpled one, i like your method, jw, do you start trading at the ny open or do you trade the london as well?


my opinion only, I believe he lives in Oregon, so due to the time zone difference, it must be 1 or 2 am there when London opens, so I highly doubt it

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby Fxprospector » Wed Sep 06, 2017 1:46 am

Well the only reason i ask, is because the daily high and low won't be that large unless he uses the previous days high and low. Also, does this method work with all pairs or mainly eur/usd?

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