2009.09.10 DRAIN THE BANKS - LIKE A RAT

[vghanem]

How about adding push alert to the ratzone indicator to alert for each time price exits a ratzone. Alert could be sent at exit candle close.

[TheRumpledOne]

How about adding push alert to the ratzone indicator to alert for each time price exits a ratzone. Alert could be sent at exit candle close.

You need to know when price is IN THE RAT ZONE, now when price leaves the RAT ZONE.

[TheRumpledOne]

Check out this article:

RATS BEAT YALIES: DOING BETTER BY GETTING LESS INFORMATION?


http://itre.cis.upenn.edu/~myl/language ... 02700.html

[BambinoFlex]

For me, that was the most difficult part of becoming a profitable trader. The fear of being wrong and the expectation of being right were the most detrimental parts of trading, both mentally and emotionally.

[Skyold]

For me, that was the most difficult part of becoming a profitable trader. The fear of being wrong and the expectation of being right were the most detrimental parts of trading, both mentally and emotionally.

I agree with that.
That's the hardest part of trading.
I also have the following story:
When I started with the salesman my boss told me; I should always keep a statistic about my business. That's the most important thing a business man needs to do.
After many months, I knew about my business. That means, I always knew what to do to achieve my goal.

[BambinoFlex]

For me, that was the most difficult part of becoming a profitable trader. The fear of being wrong and the expectation of being right were the most detrimental parts of trading, both mentally and emotionally.

I agree with that.
That's the hardest part of trading.
I also have the following story:
When I started with the salesman my boss told me; I should always keep a statistic about my business. That's the most important thing a business man needs to do.
After many months, I knew about my business. That means, I always knew what to do to achieve my goal.

Good story, makes sense. All similar in this style of trading. We know that statistics of a move happening.

[BambinoFlex]

Great day for the red rats today! Caught the EURCAD and the GBP pairs that I trade. Extremely lucky.

[BambinoFlex]

Been using the TRO_ATR_Lines_HL and its been working great this week for the rat trades. Here is GBPCAD as an example.

[JP1]

[quote="BambinoFlex"]Been using the TRO_ATR_Lines_HL and its been working great this week for the rat trades. Here is GBPCAD as an example.[/quote

Yeh ive been looking at that on my gold chart this week - mine has Atr 3 and 13 i think.....do u know what that stands for (and how to change it if needed)? Havent managed to work that part out yet! ive been using ratzone and wick zone on gold this week, with pretty decent results (im new to TROs methods)

On a side note - does everyone have the issue when logging in of having to put in a code each time (and everytime i post), painful!

[Jhx]

Been using the TRO_ATR_Lines_HL and its been working great this week for the rat trades. Here is GBPCAD as an example.

Yeah, it's a good place for profit taking too (or at least that's the way I like looking at it).

May I ask what session are you trading and the pairs that you're watching BambinoFlex? I'm close to having a bit more time in my hands and I was looking into getting back to the rat