2009.09.10 DRAIN THE BANKS - LIKE A RAT
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TheRumpledOne wrote:
Now give D1 a try...LOL!!
As a matter of fact, I have!
320 pips on 2 nights and it takes less than 10 minutes to place my trades at 7pm EST. This will now be my preferred method.
50 pip TP
100 pip SL
Will go live on Sunday!
- TheRumpledOne
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1) price within 20 pips of the daily low - that is OPPORTUNITY
2) red candle closes
3) green candle closes - note the high price of the green candle.
4) enter long at the green candle's high price
5) STOP LOSS IS 10 PIPS
6) Take whatever profit you can.
"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."
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 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!!
so as oldmangeezer said in a post;
'we will delete all tro's indicators'
so now the lazy one (me lol , wants an half EA which opens trades for me
and i only have to close them before the greedy rats beat me
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