2009.09.10 DRAIN THE BANKS - LIKE A RAT

[TheRumpledOne]

RESULTS.

How many times do you have to see something to believe it?

I show you the OPPORTUNITY when it is there. All charts timestamped.

I have posted the entry rules.

I post the results.

What else is there?

[TheRumpledOne]

TRO would you recommend trading the MB Trading MT4 platform.
They say it is still ECN so would that mean they are not becoming spread assasins?

Also mind a quick explanantion of the difference between ECN and normal broker like FXCM. They both have spreads of the GBPJPY for example - the spread for the one is just tighter.
I am a little confused.

Yes, MB TRADING is the broker I use to trade:

http://therumpledone.mbtrading.com/forex.aspx

ECN do not have fixed spreads and is electronic. No deal desk like fixed spread bandits (brokers).

Google ECN vs Fixed Spread to learn more.

[TheRumpledOne]

Hi TRO I've read this thread many times but I'm still not getting the gauges you post showing "Opportunity". What are we to look for on the chart that shows us when the price is within 20 pips of the daily low?

What do the ClOp HiCl and ClLo mean?

If anyone else can help I would be very greatful.

I have posted TRO_RANGE_GAUGE that show how far price is from the open, high and low.

I have posted TRO_RAT_PLOT that shades in the zones.

ClOp is close minus open

HiCl is high minus close

ClLo is close minus high.

You know EXACTLY where price is in relation to these lines.

[TheRumpledOne]

"Hi TRO. Where can I get this guage showing multiple pairs?"

That is a 2009 Donational indicator.

[TheRumpledOne]

SUCCESS LEAVES CLUES.

[rw48gmx]

Hi TRO, I´m also interested in the donational "Opportunity Gauge",
but how to get ?

Thank you, rw48gmx...

[joewright60]

Thanks TRO. With the TRO_RANGE_GAUGE indicator you have that set to D1. When I put it on a 5m chart it defaults to 5m. How can I change it to show D1 stats?

I have the TRO_RAT_PLOT indicator but I can't open it onto my charts. Can you suggest a possible reason for this. I have this problem with quite a few of your indicators. Does the indicator folder have a limit because I have a large number in there?

I have the 2009 Donational indicators. Could you tell me the name of the guage you use which shows the D1 range stats for multiple pairs?

Just to confirm, as green rat, "Opportunity" is ClOp on the multi pair guage and is in play when price is <=20? Does the colour matter? On the TRO_RANGE_GAUGE Green Rat opportunity is shown by CL-Low? Is this correct?

Thanks again for all your help.

[akrasiel]

Hi TRO,
first of all, thanks for sharing your knowledge with us. I just wanted to get your attention about a demo trade I made earlier on GBPJPY. Basically all I want to ask for is an opinion about my entry, to make sure whether or not the criteria was correct.
Thanks for taking the time to look at this.

[bala71]

Hi TRO,

I would like to donate and use the 2010 indicator. Will I get instruction about the entry and exit for the trading pairs using your indicator?

[seanf]

Red Rat takes 5 Pips

Thank You TRO!!