2009.09.10 DRAIN THE BANKS - LIKE A RAT

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Naynay
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Postby Naynay » Tue Dec 07, 2010 10:08 am

I think I finally see the light.
Trading is EASY... you just buy when cheap, and sell when expensive!

For some reason, the sweet spot point (multiples of ten) are significant to the market, and 20 pips seems to be a safe gap to get the most trades from between levels .. and the market responds accordingly!

All that remains is to choose your method of entry and method of exit... 8)

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TheRumpledOne
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Postby TheRumpledOne » Tue Dec 07, 2010 1:44 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 Dec 07, 2010 2:02 pm

Image


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

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

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

Choose Your Advice Carefully


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."


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

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.

jlpk007
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Postby jlpk007 » Wed Dec 08, 2010 11:45 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 :)


which room are you guys at? i cant find the 2 percent club anymore..did i misspell it?
thanks!

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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 08, 2010 1:49 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.

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

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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 08, 2010 3:07 pm

Image

Turn Candles...

If a candle makes a lower low than the previous candle and closes green, it is a TURN CANDLE.

If a candle makes a higher high than the previous candle and closes red, it is a TURN CANDLE.

Now if this happens in the RAT ZONE...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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trueblueTEX
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Postby trueblueTEX » Wed Dec 08, 2010 3:12 pm

what are the blue and red vertical lines all about?

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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 08, 2010 3:16 pm

Image

These candles may already have a name.. but I don't recall.

Looks like an interesting trigger.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 08, 2010 3:22 pm

Image

The shaded area is for the last red and last blue turn bars.

The price boxes are the short (red) and long (blue) trigger prices.
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 » Wed Dec 08, 2010 3:25 pm

Image

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

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

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

Choose Your Advice Carefully


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."


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

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.

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


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