TheRumpledOne wrote:oldmangeezer wrote:TheRumpledOne wrote:OLDMANGEEZER... it looks like you have figured it out.
Good job!!
When your my age and have ADD, HDDD, HDTV, DVD? You need all the help you can get. LOL
Thanks for the explanation. Maybe having all the notes on the charts will help others trying to figure Got Cheese out!!
Thanks again!!
THERE IS NOTHING TO FIGURE OUT!!
The rules are simple.
All you have to do is FOLLOW THE RULES.
DO NOT THINK... EXECUTE!!
RED CANDLE, FOLLOWED BY GREEN CANDLE AND BOTH CANDLES ARE CLOSED.
If price touches the high of the green candle, you enter long.
Your stop loss is 10 pips.
Take profit if/when you can.
THERE IS NOTHING TO FIGURE OUT!
You wait for a red candle to close.
Then you wait for the next candle to close.
If that candle is green then you'll enter long if price gets back to the green candle's high.
THAT'S IT. THAT IS ALL THAT THERE IS TO ENTER THE TRADE.
YOU DON'T NEED INDICATORS.
IF YOU THINK THEN THE RAT WILL BEAT YOU!!
2009.09.10 DRAIN THE BANKS - LIKE A RAT
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TheRumpledOne wrote:
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.
Hello,
I was reading whole thread since week, I have one question:
On a chart you posted there is no possibility to enter rat reversal, so what is the reason that thic picture was posted?
Thanks
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forexinvest wrote:TheRumpledOne wrote:
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.
Hello,
I was reading whole thread since week, I have one question:
On a chart you posted there is no possibility to enter rat reversal, so what is the reason that thic picture was posted?
Thanks
Yes there is.
RED candle closes
GREEN candle closes
Enter at the high of the GREEN candle.
Marked in pink on the chart for you.
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aldomcfaldo wrote:forexinvest wrote:TheRumpledOne wrote:
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.
Hello,
I was reading whole thread since week, I have one question:
On a chart you posted there is no possibility to enter rat reversal, so what is the reason that thic picture was posted?
Thanks
Yes there is.
RED candle closes
GREEN candle closes
Enter at the high of the GREEN candle.
Marked in pink on the chart for you.
you have "good eye" - thanks for explanation
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Six years later and the Rat Zone is still a profitable trade.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Another Green Rat day so far... Red Rats get ready...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Drain the banks is a great system. Is there a way to project the semafore of multiple time frames on a single chart?
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