2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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gangsta1 wrote:Question for GREEN RATS: Are you adding the spread to the high of the set-up candle? E.g. High of green candle is 1.5500, would you place a limit order at 1.5500 or would you place a limit order at 1.5500 + spread so if spread was 1 pip then entry would be 1.5501.
What are YOU doing?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Tro
Think I entered this question in the wrong place so Ill do it again here.....
The Rat Zone indicator Ive notice doesent reset automatically at the start of each trading day.....you have to switch back and forth between time frames to reset it...is that normal or is there a fix for that.
Thanks
ab1
Think I entered this question in the wrong place so Ill do it again here.....
The Rat Zone indicator Ive notice doesent reset automatically at the start of each trading day.....you have to switch back and forth between time frames to reset it...is that normal or is there a fix for that.
Thanks
ab1
- TheRumpledOne
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ab1 wrote:Tro
Think I entered this question in the wrong place so Ill do it again here.....
The Rat Zone indicator Ive notice doesent reset automatically at the start of each trading day.....you have to switch back and forth between time frames to reset it...is that normal or is there a fix for that.
Thanks
ab1
I'll have to take a look at the code.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
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Opportunity....
Let's clear things up:
1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.
2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.
3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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