2009.09.10 DRAIN THE BANKS - LIKE A RAT

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

ZsApprentice
rank: <50 posts
rank: <50 posts
Posts: 30
Joined: Thu Nov 18, 2010 6:16 pm
Reputation: 0
Gender: None specified
Contact:

Postby ZsApprentice » Mon Nov 29, 2010 3:23 pm

Looks like it may want to happen right here..

:-)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 15544
Joined: Sun May 14, 2006 9:31 pm
Reputation: 3035
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Mon Nov 29, 2010 3:35 pm

Image

"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the left side sixty per cent of the time. How did the rat respond? It quickly realized that the left side was more rewarding. As a result, it always went to the left, which resulted in a sixty percent success rate. The rat didn't strive for perfection. It didn't search for a Unified Theory of the T-shaped maze, or try to decipher the disorder. Instead, it accepted the inherent uncertainty of the reward and learned to settle for the best possible alternative.

The experiment was then repeated with Yale undergraduates. Unlike the rat, their swollen brains stubbornly searched for the elusive pattern that determined the placement of the reward. They made predictions and then tried to learn from their prediction errors. The problem was that there was nothing to predict: the randomness was real. Because the students refused to settle for a 60 percent success rate, they ended up with a 52 percent success rate. Although most of the students were convinced they were making progress towards identifying the underlying algorithm, they were actually being outsmarted by a rat."

P64 HOW WE DECIDE (italics added)

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

"Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

They happen regardless of time frame (with the obvious limitations explained above)

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

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

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.

<-------------------------------------------------------------------->

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.

User avatar
MAXiMUS_
rank: <50 posts
rank: <50 posts
Posts: 18
Joined: Sun May 09, 2010 4:43 pm
Reputation: 1
Gender: Male

Postby MAXiMUS_ » Mon Nov 29, 2010 9:27 pm

A lot of good trades done today :) I'm glad to be with you TRO and other guys live trading fx :) on paltalk ... See you tomorrow :)
"It is stupid to fight a battle that you cannot win, and you cannot win unless you have properly planned for it". - Sun Tzu, The Art of War

thefxguru
rank: <50 posts
rank: <50 posts
Posts: 5
Joined: Mon Nov 29, 2010 9:31 pm
Reputation: 0
Gender: None specified
Contact:

TheFXGuru.com - FREEAnother Great Trading day yesterday

Postby thefxguru » Mon Nov 29, 2010 9:39 pm

Free Views from yesterday.Tonights Free Signlas/Views willbe posted @ 9:30 pm PST

GBP/USD, EUR/JPY, AUD/USD - Available on our site

EUR/USD -made over 100 Pips

Currency Pair ? EURUSD

Type of Trade ? Buy
Price to Enter ? 1.3195
Price to Take Profit ? 1.3245
Stop Loss - 1.3165

OR

Type of Trade - Sell
Price to Enter ? 1.3255
Price to Take Profit ? 1.3205
Stop Loss - 1.3285

*** All Trade should take into account a standard deviation of +/- 4pips

*** Strategies Valid for Entry between 2100 - 2400 hrs. PST

- The FX GURU

User avatar
MAXiMUS_
rank: <50 posts
rank: <50 posts
Posts: 18
Joined: Sun May 09, 2010 4:43 pm
Reputation: 1
Gender: Male

Postby MAXiMUS_ » Mon Nov 29, 2010 10:11 pm

bullshit ... I can give you milion signals from yesterday with only 2 pip stop loss and 200pips target :D you are very funny bro....giving signals from yestreday LMFAO :D
"It is stupid to fight a battle that you cannot win, and you cannot win unless you have properly planned for it". - Sun Tzu, The Art of War

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

thefxguru
rank: <50 posts
rank: <50 posts
Posts: 5
Joined: Mon Nov 29, 2010 9:31 pm
Reputation: 0
Gender: None specified
Contact:

Postby thefxguru » Mon Nov 29, 2010 10:16 pm

I guess you have a hard time reading sir. Thats the strat from last night to show what we posted. Come check us out when we post tonight's signals.

Thanks for the feedback.

thefxguru
rank: <50 posts
rank: <50 posts
Posts: 5
Joined: Mon Nov 29, 2010 9:31 pm
Reputation: 0
Gender: None specified
Contact:

TheFXGuru.com - Tonights Signals

Postby thefxguru » Tue Nov 30, 2010 5:29 am

GBP/USD, EUR/JPY, AUD/USD posted on the site. Check it out.

Currency Pair ? EURUSD

Type of Trade ? Buy
Price to Enter ? 1.3062
Price to Take Profit ? 1.3112
Stop Loss - 1.3032

OR

Type of Trade - Sell
Price to Enter ? 1.3122
Price to Take Profit ? 1.3072
Stop Loss - 1.3152

*** All Trade should take into account a standard deviation of +/- 4pips

*** Strategies Valid for Entry between 2100 - 2400 hrs. PST

Thanks

The FX GURU

ZsApprentice
rank: <50 posts
rank: <50 posts
Posts: 30
Joined: Thu Nov 18, 2010 6:16 pm
Reputation: 0
Gender: None specified
Contact:

Postby ZsApprentice » Tue Nov 30, 2010 8:01 am

TRO,

I have just another quick question that hopefully you'll get a second to answer..

I trade mostly at night (Mountain TZ) for the London open and the first few hours of the London market.

I have noticed that your "range" indicator for D1 starts over at about 11pm MST, therefore, the "opportunity"/ buy zone doesn't have a whole lot of data to find the "20 pip" zone during the London open.

So, I guess the question is, how many hours of daily data need to be accumulated before the 20 pip from the daily high/low statistic is valid?

Thanks

User avatar
genlogins
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Wed Jun 23, 2010 3:39 pm
Reputation: 0
Gender: None specified

Postby genlogins » Tue Nov 30, 2010 9:48 am

Hey do you want signals?????????????????


Take a look at NLA thread than.

http://kreslik.com/forums/viewtopic.php?p=49507#49507

and the since Friday or even before I am saying price in E/U will be down to prices of September or even 2007 values.
================================================

The Way To Money Is Using Simplicity And Take Small Loses

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

User avatar
genlogins
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Wed Jun 23, 2010 3:39 pm
Reputation: 0
Gender: None specified

Postby genlogins » Tue Nov 30, 2010 9:50 am

MAXiMUS_ wrote:A lot of good trades done today :) I'm glad to be with you TRO and other guys live trading fx :) on paltalk ... See you tomorrow :)



Hi Max,

What time do you guys congregate on paltalk, in GMT please.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”