2009.09.10 DRAIN THE BANKS - LIKE A RAT

[pablo101]

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.

[pablo101]

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

[pablo101]

Just 5 pips. No regrets!

[pablo101]

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?

[TheRumpledOne]

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?!

[imparare]

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?

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.

[pablo101]

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?

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!

[pablo101]

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?



Unless you are saying rat zone trades are not about scalping 1-2 pips and holding on 10+ tp with 10 sl?

[pablo101]

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:

And the ones that that dont work:

Sorry to be a pain and thank you.

[pablo101]

GBPUSD

Breakouts look like can scalp a few pips from h1 highs.

Red Rat Reversals was tough to read, left to right, first trigger, engulfing, no short, middle rat trigger, going against h1 green, no short, right rat, no trigger?



Seems like to have any good chance with successful rat zone, you have to take them all and have hard stop???