2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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- blubbb
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Sorry, equity curve was the wrong word. Right. I meant "balance". But that wouldn't make a difference if the market really was totally random. In my opinion.
And I also believe what Humble said about s/r! It wouldn't behave like a rubber band near extremes either. I think all those methods work just because the market is not 100% random.
And I also believe what Humble said about s/r! It wouldn't behave like a rubber band near extremes either. I think all those methods work just because the market is not 100% random.
- TheRumpledOne
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- TheRumpledOne
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- bredin
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Random, but biased.
Like the rat test where the cheese was randomly placed but 60/40 biased.
G.
Like the rat test where the cheese was randomly placed but 60/40 biased.
G.
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Hi all
I've been away for a while thats why I havent been posting. I've been in China so I havent been able to trade as I usually would. I only like to trade at the same time as I do in the UK which is from 6:00 GMT. This hasn't been possible due to my schedule out here.
No doubt you are all aware of the closure of European Airspace at the moment and it is because of this why I am still in China and unable to return home to the UK. I now have more time as the main purpose for my visit has been completed.
Main point is I'm able to trade now at the time I'm used to. 6:00 GMT is 13:00 here in China so I don't have to be up so early as well. The trade below was taken a little before my usual time but thats ok.
Anyway here's my first trade today.
GU Long
Simple green rat trade within 20 pips of the daily low and with H1
Red candle close
Green candle close (above H1)
Long at high of green candle
Entry shown by the yellow line.
Took 8 pips
You may have noticed I have removed the SR Barry indicator. I don't think I really need it to be honest.
Happy Trading.
I've been away for a while thats why I havent been posting. I've been in China so I havent been able to trade as I usually would. I only like to trade at the same time as I do in the UK which is from 6:00 GMT. This hasn't been possible due to my schedule out here.
No doubt you are all aware of the closure of European Airspace at the moment and it is because of this why I am still in China and unable to return home to the UK. I now have more time as the main purpose for my visit has been completed.
Main point is I'm able to trade now at the time I'm used to. 6:00 GMT is 13:00 here in China so I don't have to be up so early as well. The trade below was taken a little before my usual time but thats ok.
Anyway here's my first trade today.
GU Long
Simple green rat trade within 20 pips of the daily low and with H1
Red candle close
Green candle close (above H1)
Long at high of green candle
Entry shown by the yellow line.
Took 8 pips
You may have noticed I have removed the SR Barry indicator. I don't think I really need it to be honest.
Happy Trading.
- TheRumpledOne
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- TheRumpledOne
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- trueblueTEX
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Re: Meter
TheRumpledOne wrote:
Price within 20 pips of the daily low (ClLo < 20) or daily high (HiCl < 20 ) - that is OPPORTUNITY
Hey TRO,
Is this meter/gauge/indi a donational one? If so, is it in 2009 or 2010?
Why does the GU always seem to have an asterisk beside it in the photos?
Thanks!!
BTW: about a year and a half ago, I ran into some of your writings and thought it was all hogwash.
Then I spent time on several different methods, both scalping and longer term (No Brainer Trades, James16, Jacko, Mr-Nims Heineken-Ashley, others....).
I ran into your stuff again about 2 weeks ago. This time I actually spent some time (almost ALL OF MY SPARE time!!) reading what you were saying.
This time around it is starting to make sense and it seems like the way for me to go!!
Thanks, TRO
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