What do you SEE?
If you see it differently then do it differently.
2009.09.10 DRAIN THE BANKS - LIKE A RAT
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15573
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
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.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15573
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
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.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15573
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
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.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15573
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
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.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
If your thoughts were not on trading a larger chart before you entered a trade then don't hold long, it is as simple as that.
Taking profit and building size is far more profitable than trying to maximize pip gains.
This entry is a RAT trade and what is supporting it is the steep decline (which leads to profit taking), the longer bar that closed
around the blue line, & the second drop (the common 1-2 punch)
If it were a wider pattern then it might look like this:
The first chart and this chart look the same to me; not because they look identical but because they share the same nature.
Taking profit and building size is far more profitable than trying to maximize pip gains.
This entry is a RAT trade and what is supporting it is the steep decline (which leads to profit taking), the longer bar that closed
around the blue line, & the second drop (the common 1-2 punch)
If it were a wider pattern then it might look like this:
The first chart and this chart look the same to me; not because they look identical but because they share the same nature.
-
- rank: <50 posts
- Posts: 2
- Joined: Tue Sep 05, 2017 11:16 pm
- Reputation: 2
- Gender:
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Oh rumpled one, i like your method, jw, do you start trading at the ny open or do you trade the london as well?
- The_Snowman
- rank: 50+ posts
- Posts: 130
- Joined: Sun Oct 12, 2008 8:49 am
- Reputation: 24
- Location: Australia
- Gender:
- Contact:
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Fxprospector wrote:Oh rumpled one, i like your method, jw, do you start trading at the ny open or do you trade the london as well?
my opinion only, I believe he lives in Oregon, so due to the time zone difference, it must be 1 or 2 am there when London opens, so I highly doubt it
-
- rank: <50 posts
- Posts: 2
- Joined: Tue Sep 05, 2017 11:16 pm
- Reputation: 2
- Gender:
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Well the only reason i ask, is because the daily high and low won't be that large unless he uses the previous days high and low. Also, does this method work with all pairs or mainly eur/usd?
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15573
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
- Gender:
- Contact:
Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT
Fxprospector wrote:Oh rumpled one, i like your method, jw, do you start trading at the ny open or do you trade the london as well?
Usually asleep during London.
NY opens 5 am my time.
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.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.