2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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TRO :
I wish to learn your method
can you explain my chart here how to see take which pair of blue/red candle to short ?
more then 20 candles closed within the red box or within 20 pips of daily high
au/usd chart 5 min on friday
http://kreslik.com/forums/viewtopic.php ... start=3020
I wish to learn your method
can you explain my chart here how to see take which pair of blue/red candle to short ?
more then 20 candles closed within the red box or within 20 pips of daily high
au/usd chart 5 min on friday
http://kreslik.com/forums/viewtopic.php ... start=3020
- TheRumpledOne
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The candles look black/white to me...
RED RAT REVERSAL - SHORT ENTRY CRITERIA: 1) GREEN CANDLE CLOSES 2) RED CANDLE CLOSES 3) PRICE TOUCHES LOW OF PREVIOUS RED CANDLE - ENTER SHORT. STOP LOSS IS ALWAYS 10 PIPS.
Let's clear things up:
1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.
2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.
RED RAT REVERSAL - SHORT ENTRY CRITERIA: 1) GREEN CANDLE CLOSES 2) RED CANDLE CLOSES 3) PRICE TOUCHES LOW OF PREVIOUS RED CANDLE - ENTER SHORT. STOP LOSS IS ALWAYS 10 PIPS.
Let's clear things up:
1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.
2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.
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 do NOT PM me with trading or coding questions, post them in a thread.
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- TheRumpledOne
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- TheRumpledOne
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TheRumpledOne wrote:Look at the 2011 DONATIONAL INDICATOR thread:
http://kreslik.com/forums/viewtopic.php?p=52380#52380
thnx TRO
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