2009.09.10 DRAIN THE BANKS - LIKE A RAT

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TheRumpledOne
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Postby TheRumpledOne » Thu Jan 27, 2011 3:08 pm

Image

1) Price within 20 pips of the daily low - that is OPPORTUNITY

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

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!

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TheRumpledOne
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Postby TheRumpledOne » Thu Jan 27, 2011 4:06 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.

Chart shows the MO REVERSAL.

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!

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

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 » Fri Jan 28, 2011 5:22 am

hopearisen wrote:Hi Tro,
I requested MB Trading to have you as my IB but the response wasnt favourable. So, I would like to know if you're still an IB with MB trading.


No, I am NOT an IB because I refused to be strong-armed by the government and pay to be licensed.

You can still let MB Trading know that I referred you by using this link:


http://therumpledone.mbtrading.com/forex.aspx
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Jan 28, 2011 12:19 pm

Image

1) Price within 20 pips of the daily low - that is OPPORTUNITY

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

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

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!

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

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 » Fri Jan 28, 2011 1:49 pm

Image

Default Re: NEVER LOSE AGAIN!! - TheRumpledOne


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.

Today, I am using the Freebie Signal Alert.mq4 from FF.

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!

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

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.

Relativity
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Postby Relativity » Fri Jan 28, 2011 3:55 pm

TheRumpledOne wrote:Image

Default Re: NEVER LOSE AGAIN!! - TheRumpledOne


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.

Today, I am using the Freebie Signal Alert.mq4 from FF.

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.


I caught this as well. Exited at 40 pips thou

pika
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Postby pika » Sat Jan 29, 2011 10:12 am

TheRumpledOne wrote:Image

Default Re: NEVER LOSE AGAIN!! - TheRumpledOne


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.

Today, I am using the Freebie Signal Alert.mq4 from FF.

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.


Hi TRO,

I am unable to relate this chart with the rat trading rules. Would this be a valid green rat trade? The green bar up was so long that its high actually entered the red rat trade zone. Entering at its high after the greeen candle closed would suffer a loss from the red candles that followed and it would also not be within 20pips of the green rat trade zone. Can you help me understand this better? Thanks.

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TygerKrane
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Postby TygerKrane » Sat Jan 29, 2011 2:27 pm

pika wrote:
TheRumpledOne wrote:Image

Default Re: NEVER LOSE AGAIN!! - TheRumpledOne


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.

Today, I am using the Freebie Signal Alert.mq4 from FF.

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.


Hi TRO,

I am unable to relate this chart with the rat trading rules. Would this be a valid green rat trade? The green bar up was so long that its high actually entered the red rat trade zone. Entering at its high after the greeen candle closed would suffer a loss from the red candles that followed and it would also not be within 20pips of the green rat trade zone. Can you help me understand this better? Thanks.

Hey pika,
First off, within that post, he stated this:

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

Today, I am using the Freebie Signal Alert.mq4 from FF.[/highlight]

Other than that, here are two more examples similar situations and why:

:idea: TheRumpledOne :idea: wrote:Image

Price was leaving the daily low + 20 area, no need to wait any longer.


:idea: TheRumpledOne :idea: wrote:Image

In this case, the M5 candle was green at low + 20. The GREEN RAT BUS was leaving the station.



{@newark18: I'm also pretty handy with the search function to find such random posts 8) (there's NO WAY I would've had those bookmarked :P ) }

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

pika
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Postby pika » Sun Jan 30, 2011 4:37 am

TygerKrane wrote:
pika wrote:
TheRumpledOne wrote:Image

Default Re: NEVER LOSE AGAIN!! - TheRumpledOne


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.

Today, I am using the Freebie Signal Alert.mq4 from FF.

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.


Hi TRO,

I am unable to relate this chart with the rat trading rules. Would this be a valid green rat trade? The green bar up was so long that its high actually entered the red rat trade zone. Entering at its high after the greeen candle closed would suffer a loss from the red candles that followed and it would also not be within 20pips of the green rat trade zone. Can you help me understand this better? Thanks.

Hey pika,
First off, within that post, he stated this:

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

Today, I am using the Freebie Signal Alert.mq4 from FF.[/highlight]

Other than that, here are two more examples similar situations and why:

:idea: TheRumpledOne :idea: wrote:Image

Price was leaving the daily low + 20 area, no need to wait any longer.


:idea: TheRumpledOne :idea: wrote:Image

In this case, the M5 candle was green at low + 20. The GREEN RAT BUS was leaving the station.



{@newark18: I'm also pretty handy with the search function to find such random posts 8) (there's NO WAY I would've had those bookmarked :P ) }


Hi TygerKrane,

Thank you for bringing out two more exceptional examples, however, I am actually more confused now since they were taken from Feb and May which I don't think the Freebie Signal Alert.mq4 from FF were used then. The real question is how do I reconconcile such apparent invalid setups with the rat rules that states that the entry should be at the high/low of the green/red reversal candle? If these are valid setup examples, then that means they are not rat trades, or that the rat rules are not rules anymore. I am not saying the rat reversal method is flawed, I am just wondering if the charts were posted wrongly since the rat rules have always been the focus. Otherwise, there is really nothing very much to shout about regarding the 20pips entry rule since I can easily say the entry must be within 10pips or less of the daily high/low, which will be an even better entry.

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TheRumpledOne
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Postby TheRumpledOne » Sun Jan 30, 2011 4:50 am

pika:

The trades in the charts you are looking at are NOT rat reversal trades.

I am making a point that it does not matter what entry trigger you use SO LONG AS you enter in the RAT ZONE.
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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