2009.09.10 DRAIN THE BANKS - LIKE A RAT

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bredin
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Postby bredin » Thu Sep 02, 2010 11:41 am

Snowman, dont panic!

I couldnt trade from my forklift either... something about needing two hands to safely operate several tons of moveable equipment around people... blah blah blah...

G.
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TygerKrane
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Postby TygerKrane » Thu Sep 02, 2010 11:46 am

LOL

F-ING HILARIOUS bredz!!

**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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Postby TheRumpledOne » Thu Sep 02, 2010 3:24 pm

Image

NO OPPORTUNITY - TAKE THE DAY OFF!

One must learn to wait for opportunity.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Thu Sep 02, 2010 3:29 pm

TygerKrane wrote:LOL

F-ING HILARIOUS bredz!!




STAY ON TOPIC!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Thu Sep 02, 2010 3:39 pm

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



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trueblueTEX
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Postby trueblueTEX » Thu Sep 02, 2010 3:45 pm

Huh?

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TygerKrane
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Daily Timetable

Postby TygerKrane » Thu Sep 02, 2010 4:03 pm

trueblueTEX wrote:Huh?

It's to help you plan your trading day.

1. Try to find a suitable time reference for you in the vertical column. That is the only column you need to focus on.

2. The rows show the timing/unfolding of events throughout the day, so you can keep track of the general time that activity picks up and dies down.


Thanks TheRumpledOne, very handy.

~Krane

**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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trueblueTEX
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Postby trueblueTEX » Thu Sep 02, 2010 4:05 pm

Ah, gotcha!

I wasn't paying attention and thought it had something to do with "taking the day off."

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TheRumpledOne
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Postby TheRumpledOne » Fri Sep 03, 2010 12:49 pm

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1) Price within 20 pips of the daily low - that is OPPORTUNITY
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Sep 03, 2010 2:15 pm

Image

1) Price within 20 pips of the daily low - that is OPPORTUNITY

2) Red candle closes

3) Green candle closes - note the high price of the green candle.

4) Enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

7) If the rules do not mention it, then it is of no concern.


=============================================

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

=============================================

"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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