2009.09.10 DRAIN THE BANKS - LIKE A RAT

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maddman
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Postby maddman » Mon Nov 15, 2010 1:33 pm

TRO, As I have been reading "Drain the Banks-Trade like a Rat" posts from the beginning, I have noticed evolution in the indicators and evolution in the patrons and students learning the process and procedures as well. My Question to you is: (1) When someone makes a donation as I have, do they receive all the necessary indicators and templates to make proper trades or do I have Google for them as you've told others before? (2) If what you send me is current then all the other older indicators and templates are irrelevant and not necessary?

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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 15, 2010 2:11 pm

1) They receive all of the current year's (2010) indicators UNLESS they specify 2009 or 2008.

2) You decide for yourself what to use and what is not necessary.

You do NOT need any indicators to be a RAT. The indicators are tools to help you SEE.

I have posted plenty of FREE indicators that can help you DRAIN THE BANKS LIKE A RAT.
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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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 15, 2010 2:37 pm

Image


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

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."

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
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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maddman
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Postby maddman » Mon Nov 15, 2010 2:55 pm

Well TRO, I guess that's why there is a difference between the student and the teacher: The teacher knows where to find the information. I'm learning, thanks to you.

jaysen
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Postby jaysen » Tue Nov 16, 2010 5:34 am

Image


Not exactly the best entry but figured there's still some room to go till the daily range

Basically lots of waiting. Exited at 1.36500

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paupau
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Postby paupau » Tue Nov 16, 2010 6:04 am

jaysen wrote:Image


Not exactly the best entry but figured there's still some room to go till the daily range

Basically lots of waiting. Exited at 1.36500


I had the similar trade, but earlier entry & not as much profit.
Lots of waiting.
I was doing something else when suddenly realise that the price went up very fast and hit the TP.
But daily goal reached, so I'll quit for the day.
Image

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 16, 2010 12:10 pm

Image


Price within 20 pips of the daily low (ClLo <= 20) - that is OPPORTUNITY

Current price - current daily low is less than 20 pips.

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
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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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 16, 2010 12:31 pm

Image


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

Look at the lower indicators. Do you SEE a profitable pattern?

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

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."

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
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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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 16, 2010 1:00 pm

Image

Questions:

1) If a RED H1 Candle closes in the RAT ZONE, where is the next H1 candle most likely to open?

2) If a H1 Candle starts in the RAT ZONE and closes as a green candle, where will the close most likely be - inside or outside of the RAT ZONE?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 16, 2010 1:01 pm

Image

Always remember and never forget:

THIS IS TRADING - ANYTHING CAN HAPPEN!
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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