2009.09.10 DRAIN THE BANKS - LIKE A RAT

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

nickohorny
rank: 50+ posts
rank: 50+ posts
Posts: 87
Joined: Tue Feb 15, 2011 2:51 pm
Reputation: 0
Location: Midlands
Gender: Male

Postby nickohorny » Mon Nov 07, 2011 5:15 pm

Xwing76 wrote:
nickohorny wrote:
Xwing76 wrote:I was reading TRO's donational manual and now going to try and look for two powerful bar patterns in the ratzone.

OPCL which is a Green candle closing above the previous Reds open price, and Higher Close Lower Low (HCLL) which is the same but the Green candle also has a lower low than previous REd bar (obviously the opposite for short entries). I took this nice HCLL earlier



Hey xwing, where can I find the link to get the donational manual? I don't recall seeing one?
I have donational pdf books, they are awesome!

I just drew a quick mock up of both, am I correct? (I am in work and pretty bored.. I use photoshop a lot hence all the graphics lol)

with the HCLL - does it make a diff IF THE GREEN OPENS HIGHER than the previous red's close? it just needs a LOWER LOW? in my pic I have it opening below red open but that should make no diff then right?




I Meant the Donational PDF, I have added TRO2010_MP_HCLC & TRO2010_MP_OPCL to my templates and look for these patterns within the ratzone.

I think your picture is a little confused, they are both HCLL because the Reds low is taken out in both examples, don't worry about Reds close and Greens open 99% of the time they should be the same just a second apart

I drew up this quickly on Paint hope it helps.

The HCLL pattern is very rare but appears very powerful






Thanks, that does help loads! :D

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

FxAddiction
rank: <50 posts
rank: <50 posts
Posts: 3
Joined: Mon Nov 07, 2011 12:04 pm
Reputation: 0
Gender: Male

rain the Banks

Postby FxAddiction » Tue Nov 08, 2011 11:09 am

Hi Avery,

So mate with all the time you have spent developing indicators and strategies on average how many pips would you make in a week ?

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12781
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1278
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: rain the Banks

Postby TheRumpledOne » Tue Nov 08, 2011 2:53 pm

FxAddiction wrote:Hi Avery,

So mate with all the time you have spent developing indicators and strategies on average how many pips would you make in a week ?


As a trader, your focus must be on YOUR TRADES, YOUR METHOD, YOUR PORTFOLIO, YOUR PROFIT/LOSS.

Do not concern yourself with others.
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12781
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1278
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue Nov 08, 2011 2:59 pm

Image

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

"Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

They happen regardless of time frame (with the obvious limitations explained above)

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

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

1) Price within 20 pips of the daily low (ClLo < 20): This is OPPORTUNITY

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

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.

nickohorny
rank: 50+ posts
rank: 50+ posts
Posts: 87
Joined: Tue Feb 15, 2011 2:51 pm
Reputation: 0
Location: Midlands
Gender: Male

Postby nickohorny » Tue Nov 08, 2011 5:58 pm

Tro, in the RAT ZONE indi, on the gauge on the right it will show an arrow up or down with the H1 / D1 / W1.

Then under it either a OK TO BUY, OK TO SHORT, or WAIT

I realise this is to do with the training wheels, but what constitutes an OK TO BUY ?
I was just watching GBPJPY and the D1/W1 is down. but H1 at mo is up so said OK TO BUY, but then whilst H1 still up it changed to WAIT, so just wondering what it is as I presumed it was if the H1 bias was up it would say OK TO BUY.

Thanks.

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

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12781
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1278
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue Nov 08, 2011 9:11 pm

Image
<-------------------------------------------------------------------->

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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12781
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1278
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Nov 09, 2011 12:16 am

nickohorny wrote:Tro, in the RAT ZONE indi, on the gauge on the right it will show an arrow up or down with the H1 / D1 / W1.

Then under it either a OK TO BUY, OK TO SHORT, or WAIT

I realise this is to do with the training wheels, but what constitutes an OK TO BUY ?
I was just watching GBPJPY and the D1/W1 is down. but H1 at mo is up so said OK TO BUY, but then whilst H1 still up it changed to WAIT, so just wondering what it is as I presumed it was if the H1 bias was up it would say OK TO BUY.

Thanks.


Please post a chart so we can see what you see.
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.

kent-12345
rank: <50 posts
rank: <50 posts
Posts: 3
Joined: Mon Jul 05, 2010 1:02 am
Reputation: 0
Gender: None specified

Postby kent-12345 » Wed Nov 09, 2011 5:01 am

Quick question on money management, I know you risk two percent per trade. How do you size your position, do you split your capital in 2 percent chucks so say 200 dollars per trade and every trade you play the same 200 dolars no matter if your capital grows or decreases, or do you use 2 percent so say your capitalital is $1000 you would risk $20 you win so now you would risk 2 percent of $1020 or the opposite you lose and the account is down to $980 would you now be risking 2 percent of $980. Thanks.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12781
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1278
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Nov 09, 2011 12:28 pm

Image

"Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame (with the obvious limitations explained above)
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden
=============================================
1) Price within 20 pips of the daily low (ClLo < 20): This is OPPORTUNITY
============================================
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12781
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1278
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Nov 09, 2011 2:24 pm

kent-12345 wrote:Quick question on money management, I know you risk two percent per trade. How do you size your position, do you split your capital in 2 percent chucks so say 200 dollars per trade and every trade you play the same 200 dolars no matter if your capital grows or decreases, or do you use 2 percent so say your capitalital is $1000 you would risk $20 you win so now you would risk 2 percent of $1020 or the opposite you lose and the account is down to $980 would you now be risking 2 percent of $980. Thanks.


Adjust each day. Do not adjust each trade.
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.


Return to “TheRumpledOne”