2009.09.10 DRAIN THE BANKS - LIKE A RAT

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 16, 2010 1:03 pm

Image

And sometimes it doesn't take long for ANYTHING TO HAPPEN!

Look at the time stamps in the upper left hand corner of the last 3 charts I posted.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby genlogins » Tue Nov 16, 2010 7:40 pm

TRO questions:

1- in the RAT zone.

2- outsite the Rat Zone.


So TRO did you only enter trade of GU or all the ones at CLo <20 pips? they where 7 of them.

Gen
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The Way To Money Is Using Simplicity And Take Small Loses

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 16, 2010 11:28 pm

Only enter trades in 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 » Thu Nov 18, 2010 1:33 pm

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

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

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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!



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TheRumpledOne
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Postby TheRumpledOne » Thu Nov 18, 2010 2:15 pm

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

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"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."

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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!



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Postby cosmoe1 » Thu Nov 18, 2010 3:18 pm



Thanks Tro

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Postby TheRumpledOne » Thu Nov 18, 2010 7:19 pm

You're welcome but I didn't make the trade go your way.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby cosmoe1 » Thu Nov 18, 2010 7:58 pm

no but you taught me what to look for to take away the anxiety of pulling the trigger.

again musch respect.

Cos

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Postby TheRumpledOne » Fri Nov 19, 2010 12:42 am

What do you look for?

Please tell others in your own words.

Thank you.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby DodgeV83 » Fri Nov 19, 2010 5:14 am

Something to think about for the newbies who disregard TRO's advice to stick to one pair, especially when starting out...

If you're a Red Rat and constantly switch between highly negative correlated pairs, you are a Yale student. For example, if you trade short EUR/USD one day, then switch to short USD/CAD the next day, you might as well have gone long EUR/USD (and kept the better spread :wink:)

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