Search found 7 matches

by tradervic1963
Wed Feb 16, 2011 6:55 pm
Forum: TheRumpledOne
Topic: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Replies: 4528
Views: 2415835
Gender: Male

Where do we donate to get the book?
by tradervic1963
Mon Feb 14, 2011 4:53 pm
Forum: TheRumpledOne
Topic: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Replies: 4528
Views: 2415835
Gender: Male

TRO, I am not a Yale Student! Just brainwashed by years of working with EA's and fancy indicators and not getting anywhere. I believe the RAT system works and I'm in...I do believe the first hi/low after the London open is the higher probability trade though...
by tradervic1963
Mon Feb 14, 2011 12:54 am
Forum: TheRumpledOne
Topic: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Replies: 4528
Views: 2415835
Gender: Male

Well, if the EA proves that the strategy doesn't work, it may be worth taking a look at it. I personally believe in the RAT theory, the market always opens, makes the first high or low of the day then reverses and makes the second low or high of the day. The first high is always easy to spot, its ri...
by tradervic1963
Mon Feb 14, 2011 12:38 am
Forum: TheRumpledOne
Topic: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Replies: 4528
Views: 2415835
Gender: Male

Oktar, will you post the EA so we can all backtest as well?
by tradervic1963
Fri Feb 11, 2011 4:13 pm
Forum: TheRumpledOne
Topic: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Replies: 4528
Views: 2415835
Gender: Male

Thanks Tokyo Drifter! and thank you TRO, I think I get it now. Let the forward testing begin...
by tradervic1963
Fri Feb 11, 2011 2:47 pm
Forum: TheRumpledOne
Topic: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Replies: 4528
Views: 2415835
Gender: Male

So really, since we do not know what the real high or low will be (or was) until the end of the day, all we can do is take the current high or low, assume that this will be the actual high or low for the day, wait for price to reverse, and then jump into the trade with a ten pip stop loss. Its that ...
by tradervic1963
Fri Feb 11, 2011 12:05 am
Forum: TheRumpledOne
Topic: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Replies: 4528
Views: 2415835
Gender: Male

How do you know when the daily high or low has been reached?

TRO, How exactly do you know when the daily high or low has been reached? Isn't only until the day is over and price action is complete for that 24 hour period that you can determine exactly what the high or low was for that day? Price could open, make a high, drop and then near the end of the day r...

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