2009.09.10 DRAIN THE BANKS - LIKE A RAT

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webmail4tom
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Postby webmail4tom » Thu Jul 15, 2010 9:51 am

cosmoe1 wrote:
webmail4tom wrote:
cosmoe1 wrote:
Not all trades are winners.
in the blue shaded area is a trade I took this morning before going to work.
Cosmoe1


Hi Cosmoe,

Two things come to my mind looking at your entry on this one:

1.) Would have been the correct (by the rules) entry at 1.03015, 5 minutes before you decided to go long?

The High of the previous green candle was at 1.03015, the High of the following candle was at 1.03015 as well, so placing a limit order would have been most likely triggered.

2.) Your trade was entered around lunch time. Generally I am suspicious about any signals around this time.

Thanks for posting your trades and thoughts!

Cheers
Tom

I believe it was a valid entry for green rat. you enter long when price within 20 pips of low, red candle close, green candle closes, limit order at highest point of green candle. I always use limit orders. Thanks.
But lets ask the master Tro.

Tro was this a valid entry?

Cos


The entry you took was a valid one, but what I tried to point out is that the first valid entry was 2 candles before and so your entry came too late for the 10 pip SL, while the correct entry would have left you with a SL below the lowest low 25 minutes earlier.

Lets see if I can attach a screenshot.
Attachments
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cosmoe1
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Postby cosmoe1 » Thu Jul 15, 2010 1:26 pm

webmail4tom wrote:
cosmoe1 wrote:
webmail4tom wrote:
cosmoe1 wrote:
Not all trades are winners.
in the blue shaded area is a trade I took this morning before going to work.
Cosmoe1


Hi Cosmoe,

Two things come to my mind looking at your entry on this one:

1.) Would have been the correct (by the rules) entry at 1.03015, 5 minutes before you decided to go long?

The High of the previous green candle was at 1.03015, the High of the following candle was at 1.03015 as well, so placing a limit order would have been most likely triggered.

2.) Your trade was entered around lunch time. Generally I am suspicious about any signals around this time.

Thanks for posting your trades and thoughts!

Cheers
Tom

I believe it was a valid entry for green rat. you enter long when price within 20 pips of low, red candle close, green candle closes, limit order at highest point of green candle. I always use limit orders. Thanks.
But lets ask the master Tro.

Tro was this a valid entry?

Cos


The entry you took was a valid one, but what I tried to point out is that the first valid entry was 2 candles before and so your entry came too late for the 10 pip SL, while the correct entry would have left you with a SL below the lowest low 25 minutes earlier.

Lets see if I can attach a screenshot.


O.K. Gottcha now I understand.
Thanks.
Thick skulled sometimes.

Cos

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TygerKrane
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???

Postby TygerKrane » Thu Jul 15, 2010 2:08 pm

webmail4tom wrote:The entry you took was a valid one, but what I tried to point out is that the first valid entry was 2 candles before and so your entry came too late for the 10 pip SL, while the correct entry would have left you with a SL below the lowest low 25 minutes earlier.

Lets see if I can attach a screenshot.


I don't see how that was a Rat Reversal entry...

Looks more like: Green/Green/High of 2nd Green to me.
_________________________

Also, I don't see how cosmoe1's entry could be considered a late entry...

Looks like: Red/Green/High of 2nd Green to me.

cosmoe1 wrote:

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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MightyOne
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Postby MightyOne » Thu Jul 15, 2010 2:22 pm

tinypips wrote:
TheRumpledOne wrote:Image

Testing...


Apologize for not being able to find around but I donated and I downloaded all batches of the motherlodes but I'm not able to find the indicator above with the different pairs listing R-S-G. Could anyone point me in the right direction? Thank you.



Here is another of TRO's indicators that you may find useful:

Image

cosmoe1
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Postby cosmoe1 » Thu Jul 15, 2010 2:29 pm

cosmoe1 wrote:been playing with snippit tool on new computer

can not get pictures to upload into forum

Cos


Waiting on valid entry.Thought I would wait to trade till after the news came out.
Finally got snipit tool to work.
I sure am not a computer geek. LOL

Cos

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cosmoe1
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Postby cosmoe1 » Thu Jul 15, 2010 3:02 pm



Wish me luck LOL

Cos

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trueblueTEX
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Postby trueblueTEX » Thu Jul 15, 2010 3:07 pm

Good luck!!!

I don't even have my charts up this morning. Working on a computer switch.

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TygerKrane
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Postby TygerKrane » Thu Jul 15, 2010 3:10 pm

MightyOne wrote:
tinypips wrote:
TheRumpledOne wrote:Image

Testing...


Apologize for not being able to find around but I donated and I downloaded all batches of the motherlodes but I'm not able to find the indicator above with the different pairs listing R-S-G. Could anyone point me in the right direction? Thank you.



Here is another of TRO's indicators that you may find useful:

Image


Whats the name of the indicator?

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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TheRumpledOne
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Re: ???

Postby TheRumpledOne » Thu Jul 15, 2010 3:11 pm

TygerKrane wrote:
webmail4tom wrote:The entry you took was a valid one, but what I tried to point out is that the first valid entry was 2 candles before and so your entry came too late for the 10 pip SL, while the correct entry would have left you with a SL below the lowest low 25 minutes earlier.

Lets see if I can attach a screenshot.


I don't see how that was a Rat Reversal entry...

Looks more like: Green/Green/High of 2nd Green to me.
_________________________

Also, I don't see how cosmoe1's entry could be considered a late entry...

Looks like: Red/Green/High of 2nd Green to me.

cosmoe1 wrote:




GREEN RAT REVERSAL - LONG ENTRY CRITERIA: 1) RED CANDLE CLOSES 2) GREEN CANDLE CLOSES 3) PRICE TOUCHES HIGH OF PREVIOUS GREEN CANDLE - ENTER LONG. STOP LOSS IS ALWAYS 10 PIPS.
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.

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MightyOne
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Postby MightyOne » Thu Jul 15, 2010 3:12 pm

TygerKrane wrote:
MightyOne wrote:
tinypips wrote:
TheRumpledOne wrote:Image

Testing...


Apologize for not being able to find around but I donated and I downloaded all batches of the motherlodes but I'm not able to find the indicator above with the different pairs listing R-S-G. Could anyone point me in the right direction? Thank you.



Here is another of TRO's indicators that you may find useful:

Image


Whats the name of the indicator?



TRO_RAT_PROFIT

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