2009.09.10 DRAIN THE BANKS - LIKE A RAT

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BambinoFlex
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Fri Feb 21, 2020 9:36 pm

Closed out with profit. Draining the banks. Saw the opportunity, was at the daily high around an hour ago. Usually reversal are a little earlier but took the chance with a 3 pip stop loss (high).
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Mon Feb 24, 2020 8:21 pm

Another Money Making Trade. Three small losses on the 5 minute chart, saw this around 12pm central US time and it paid off.
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Tue Feb 25, 2020 2:26 pm

Started earlier today. Same concept, saw the opportunity, was willing to lose those few pips. Paid off. Using the SEMAS as Lemercenaire recommended. Looks like its working.
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Tue Feb 25, 2020 2:31 pm

If you look at my two most recent posts. You'll notice that price BOUNCES off the previous day WICK ZONE. The yellow color is yesterday's wick.

1. Price TENDS to stay away from WICKS
2. This means that price TENDS to OPEN and CLOSE:
a. Within yesterdays body
b. Outside yesterdays wick area (zone).

With this information and the correct HL5 modifications, a sensible TP on the rat trades is achieved.
"If you're wrong, guess what...thats TRADING"

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BambinoFlex
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Tue Feb 25, 2020 2:57 pm

Next on the list GBPAUD. GBPNZD is the same but the spread is about 2 pips more. For small stop losses, I don't feel comfortable.
Waiting....
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby polo0202 » Tue Feb 25, 2020 8:07 pm

Friends,
is this long long post all about the system $TRILLION STRATEGY?? or is another thing?

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Tue Feb 25, 2020 11:56 pm

polo0202 wrote:Friends,
is this long long post all about the system $TRILLION STRATEGY?? or is another thing?


Haven't heard of the trillion strategy but this is the rat reversal trade post.
"If you're wrong, guess what...thats TRADING"

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BambinoFlex
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Wed Feb 26, 2020 7:50 pm

Red Rats Getting Ready for late Lunch!
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"If you're wrong, guess what...thats TRADING"

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Wed Feb 26, 2020 8:12 pm

Almost....
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BambinoFlex
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby BambinoFlex » Wed Feb 26, 2020 8:17 pm

We're in. Didn't break the previous wick but that's at my discretion.
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