2009.09.10 DRAIN THE BANKS - LIKE A RAT

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ZsApprentice
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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

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genlogins
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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.
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genlogins
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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.

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MAXiMUS_
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Postby MAXiMUS_ » Tue Nov 30, 2010 12:16 pm

Mainly on NY session...but I'm there earlier...
"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

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 30, 2010 1:35 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.

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

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Postby ZsApprentice » Tue Nov 30, 2010 1:37 pm

Now it looks like we need to wait for the lower low's to "slow down" a bit..

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Postby ZsApprentice » Tue Nov 30, 2010 1:49 pm

Almost time to post "results".. :-)

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TheRumpledOne
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Postby TheRumpledOne » Tue Nov 30, 2010 1:49 pm

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 30, 2010 1:53 pm

Image

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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Since your mind is your most valuable asset and your most valuable lever, you need to be careful what you put in it. Sometimes it is even more difficult to get rid of thoughts and ideas that are already in your mind than it is to learn something new - Pg 119 WHY WE WANT YOU TO BE RICH


F - Follow
O - One
C - Course
U - Until
S - Successful

- Pg 110 WHY WE WANT YOU TO BE RICH

If the rat is beating you, you are the reason why.

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


"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!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby ZsApprentice » Tue Nov 30, 2010 2:13 pm

Thanks for the video TRO.. what's funny is that some people actually believe that "missile" in LA was an airplane.. crazy..

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