2009.09.10 DRAIN THE BANKS - LIKE A RAT

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TheRumpledOne
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Thu Jun 11, 2020 12:38 pm

Drockerr wrote:
Hi Stu, Iam new to TRO's Rat method and trust me its so hard to understand as there are so many videos can you please sum up this method for me? Id really appreciate it. Thanx a bunch.


What is so hard to understand about trading away from the current daily high and daily low toward the open and only entering when price is less than 20 pips away from the current daily high and daily low?

Is the current daily range greater than 40 pips? (Bigger the better) Yes, then you can use THE RAT ZONE!

Is price less than 20 pips from the daily high? Yes, then you can sell short.

Is price less than 20 pips from the daily low? Yes, then you can buy.

Why are you making it so difficult to understand?
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pablo101 » Tue Jul 14, 2020 7:12 am

Tro, with your 2010 donationals, compiling many errors, I am assuming new MT4 compatibility problems?

https://i.imgur.com/BdOHc5u.png

And is TRO_DTB_RAT, I think it is not plotting correctly, but actually, it may be that I dont know what it looks like.
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pablo101 » Tue Jul 14, 2020 12:49 pm

Thanks Tro for the Rat. I finally get what I'm doing.

Image
Last edited by pablo101 on Tue Jul 14, 2020 1:53 pm, edited 1 time in total.
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pablo101 » Tue Jul 14, 2020 1:53 pm

Just 5 pips. No regrets!

Image
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pablo101 » Tue Jul 14, 2020 4:08 pm

Lost this one.

In 20 pip zone, green, red candle, short. SL top extreme. Loss.

Not whining, just want to learn, how would you have handled this one Tro?

Image
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby TheRumpledOne » Tue Jul 14, 2020 4:26 pm

pablo101 wrote:Tro, with your 2010 donationals, compiling many errors, I am assuming new MT4 compatibility problems?

https://i.imgur.com/BdOHc5u.png

And is TRO_DTB_RAT, I think it is not plotting correctly, but actually, it may be that I dont know what it looks like.



Yes, they changed some things in the MT4 BUILD. Let me know which ones need to be fixed.

Thought I sent out updates?!
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

Postby imparare » Tue Jul 14, 2020 8:56 pm

pablo101 wrote:Lost this one.

In 20 pip zone, green, red candle, short. SL top extreme. Loss.

Not whining, just want to learn, how would you have handled this one Tro?

Image



I am no Rat expert, but from what I am seeing you bought gbpusd for 5 pips and then later sold eurusd and lost? Rats usually trade one way. If your not keen on trading only one direction 'forever' then atleast pick a Bias for the day Either long or short on whatever you are trading.

That being said, take a look at the eurusd short. You see were you entered, the bar engulfed about 3 candles to the left. Its a sign that price will likely retract abit Up before going back down. So even if you going to take a short, its better to be patience with engulfing bars.

Hope that helps, buddy.

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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pablo101 » Wed Jul 15, 2020 2:36 am

imparare wrote:
pablo101 wrote:Lost this one.

In 20 pip zone, green, red candle, short. SL top extreme. Loss.

Not whining, just want to learn, how would you have handled this one Tro?

Image



I am no Rat expert, but from what I am seeing you bought gbpusd for 5 pips and then later sold eurusd and lost? Rats usually trade one way. If your not keen on trading only one direction 'forever' then atleast pick a Bias for the day Either long or short on whatever you are trading.

That being said, take a look at the eurusd short. You see were you entered, the bar engulfed about 3 candles to the left. Its a sign that price will likely retract abit Up before going back down. So even if you going to take a short, its better to be patience with engulfing bars.

Hope that helps, buddy.


"...its better to be patience with engulfing bars..."

Cheers!

Watched Trumps latest Step 6 vid, he got burnt too yesterday.

Need to watch H1 color!
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pablo101 » Wed Jul 15, 2020 5:15 am

Question Tro, if we're taking out little bites from the market from the 20 pip current low or high, why do we need to be concerned with if range is low or not?

Image

Unless you are saying rat zone trades are not about scalping 1-2 pips and holding on 10+ tp with 10 sl?
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Re: 2009.09.10 DRAIN THE BANKS - LIKE A RAT

Postby pablo101 » Wed Jul 15, 2020 5:48 am

TheRumpledOne wrote:
pablo101 wrote:Tro, with your 2010 donationals, compiling many errors, I am assuming new MT4 compatibility problems?

https://i.imgur.com/BdOHc5u.png

And is TRO_DTB_RAT, I think it is not plotting correctly, but actually, it may be that I dont know what it looks like.



Yes, they changed some things in the MT4 BUILD. Let me know which ones need to be fixed.

Thought I sent out updates?!


Tro, the only updates I got from you: Image

And the ones that that dont work: Image

Sorry to be a pain and thank you.
WAS A YALE STUDENT. Now? Let's see!

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