2009.09.10 DRAIN THE BANKS - LIKE A RAT

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hazelj80
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Postby hazelj80 » Mon Dec 27, 2010 4:24 pm

the thing with that dude is he does know how to trade this style. but that's not his intention. its divert attention to himself and destroy your thread. whatever. if people knew what they were looking at, they would know they dont need the indicators. they are just training wheels like you say in your indicators. if he did know that much anyways, why's he even on ANY forum saying anything. he should leave up to the trader to figure it out and use google. he should be trading 100's dollars per pip. If i was, i know i wouldn't be anywhere posting. I'd be off on vacation or trading. if hes not teaching, then he's just full of crap mostly.

funny dude

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TheRumpledOne
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Postby TheRumpledOne » Mon Dec 27, 2010 7:58 pm

Image


MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

This is how you make 2% per day.
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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.

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

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.

cosmoe1
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Postby cosmoe1 » Mon Dec 27, 2010 11:06 pm

kodex750 wrote:I'm trading the GBP/USD pair on the 5 min chart. When is the best time to trade???

I tried the London open but a lot of activity. I also tried a couple of trades last nite ( around 11.30am London time) but it went against me. There were no news releases at that time too and price was within 20 pips.




I like the London close myself. Daily lows right around that time allot on GBP/USD.

I missed this one today. Was at hospital getting an MRI on back. Damn place would not let me take my I Phone in with me.

Cos

Cos

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TheRumpledOne
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Postby TheRumpledOne » Tue Dec 28, 2010 2:31 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.

cosmoe1
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Postby cosmoe1 » Tue Dec 28, 2010 5:33 pm



price is within 20 pips of daily low. red candle, red candle, green candle. wait for green candle to close. go long at highest price of last green candle.

cosmoe1

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TheRumpledOne
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Postby TheRumpledOne » Tue Dec 28, 2010 7:50 pm

Image

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

This is how you make 2% per day.
<-------------------------------------------------------------------->

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

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

WHY ISN'T EVERYBODY DOING IT?

Most of you know I catch a lot of flak on my forums because SOME PEOPLE don't like the way I post.

One worn out argument that is used repeatedly is, "If this is so (simple, great, profitable, <insert your own adjective>), then why isn't everybody doing it?"

Simple answer is because SOYLENT GREEN is people!

We all know exercise is great, but how many actually exercise?

We all know smoking is bad, but how many do it anyway?

We all know which foods are bad for our health, but how many eat those foods?

We all know that we should save for our future and spend less than we earn but who does that?

The list is almost endless.

As long as there are people, there will always be some STUPID people and some smart people making STUPID decisions, where STUPID is defined as knowing better but acting otherwise.

Meanwhile, the RATS are still beating the Yale students.

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

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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wangyue22
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Postby wangyue22 » Tue Dec 28, 2010 11:31 pm

H8ly Sh*t. this is freaky. i figured out the small "e" in trading and life is probablity, then I stumpled into this forum two weeks later, then I find out Tro is in tucson arizona, which i was living for 13 years until 3 month ago, and guess where I am right now...... Baltimore Maryland, and TRO went to school in college park o.O. This coincidence is freaking me out, anyway, on page 64 of the thread and gonna try to finish another 64 pages tonight. since Tro is a green rat, i think i should be a red rat ^.^
"find a job you love and you will never work a day in your life" Confucius

"its all relative" Eisenstein

"if you love everything, then nothing is work, if you think everything is work, then nothing is work" Confustein ^.^

cosmoe1
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Postby cosmoe1 » Wed Dec 29, 2010 1:26 am



bought @1.5359, closed@ 1.5385

cos

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TheBigMan
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Postby TheBigMan » Wed Dec 29, 2010 3:34 am

wangyue22 wrote:H8ly Sh*t. this is freaky. i figured out the small "e" in trading and life is probablity, then I stumpled into this forum two weeks later, then I find out Tro is in tucson arizona, which i was living for 13 years until 3 month ago, and guess where I am right now...... Baltimore Maryland, and TRO went to school in college park o.O. This coincidence is freaking me out, anyway, on page 64 of the thread and gonna try to finish another 64 pages tonight. since Tro is a green rat, i think i should be a red rat ^.^


I didn't know TRO was in my neck of the woods. I live in Bowie. I was actually in Baltimore today. ( I hate that place) Too many heroin addict. I spend some time in Phoenix. TO FREAKIN HOT! Nice Latino chicks though.

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TheRumpledOne
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Postby TheRumpledOne » Wed Dec 29, 2010 4:34 am

I don't live in MD anymore.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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