2009.09.10 DRAIN THE BANKS - LIKE A RAT

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TheRumpledOne
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Postby TheRumpledOne » Wed Feb 03, 2010 12:13 pm

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OPPORTUNITY...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Wed Feb 03, 2010 2:59 pm

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RESULTS.

Do you like this chart better than the other one?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Feb 03, 2010 3:06 pm

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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lukx
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Postby lukx » Wed Feb 03, 2010 3:44 pm

TRO is there anywhere template with your chart setup?

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Postby stratigf » Wed Feb 03, 2010 4:07 pm

Nice compliment for you. I trade your equities strategy over at stockfetcher with great success. I haven't made 100k on one trade, but I'm up $740 on two trades this morning. Your systems work. Thanks TRO. More people need to start standing up and posting their results.
As my trading gets better, my golf game gets worse.

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lukx
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Postby lukx » Wed Feb 03, 2010 4:47 pm

TRO can you please write all the indys you're using on your new charts you're posting (for rat trading)? I got so many indys from you that I'm lost :)

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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 04, 2010 1:41 am

lukx wrote:TRO is there anywhere template with your chart setup?



Image

Template rat_simple attached.
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rat_simple.tpl
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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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Postby TheRumpledOne » Thu Feb 04, 2010 8:24 pm

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ClOp is Close - Open or how far up/down is the price from the open right now.

HiOp is High - Open or how far UP did price move away from the open today.

OpLo is Open - Low or how far DOWN did price move away from the open today.

Today is one for the record books.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby gangsta1 » Fri Feb 05, 2010 1:40 pm

I am a green rat and I got stopped out SO MANY TIMES attempting to take the rat reversal off the daily low. As we can see price kept moving down ALL DAY LONG and even with a modest 5 pips target I got stopped out ALL DAY LONG.

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Postby Pro Trader » Fri Feb 05, 2010 2:12 pm

What time of the day were you trading Gangsta?

Im a green rat also and I find that before and around the London open is the best time for DTB. My broker is MBT and the day starts at 5:00am GMT. Im at my pc for 6:00am GMT so by then many pairs are still within 20 pips of the daily low as the day has just started. There is usually opportunity on most of the pairs shown on the TRO2009_MP_HLC_PIP indicator. I trade GBPUSD and EURJPY mainly but will sometimes take a cheeky trade on EURUSD and USDJPY. The pair doesn't really matter in my experience they all do the same thing once they're within 20 pips of the daily low at that time. DTB is genius

Yestderday price was falling like a stone for most of the day after that though as you said.

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