2009.09.10 DRAIN THE BANKS - LIKE A RAT

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11396
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Sep 16, 2009 12:01 am

cr0cop wrote:TRO, you are mentioning the new daily low etc.....but i thought we were only going to focus on 2 pairs with a +5 pip entry and a -10 pip stop....are you changing this strategy or is it still the same?


Each trader must find their own way.

I am not sure what you are "stuck" on.
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 add www.kreslik.com to your ad blocker white list.
Thank you for your support.

jz166
rank: 150+ posts
rank: 150+ posts
Posts: 172
Joined: Sat Jul 18, 2009 5:29 am
Reputation: 0
Location: USA
Gender: Male

Postby jz166 » Wed Sep 16, 2009 12:17 am

COOL, I cannot wait to be a rat. :D

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11396
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Sep 16, 2009 1:30 am

Image

If PRICE makes a new DAILY LOW:

I know from statistics that if I go long within 20 pips of the low, that there's another 20+ pips profit.

I know from statistics, that if the previous candle is green and I go long at the previous candle's high, then I should win 2 out of 3 times.

Yes, you can use DRAIN THE BANKS - RAT TRADER on different chart periods and pairs.

You do NOT need the indicators. I use them to track multiple pairs.
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.

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Wed Sep 16, 2009 2:15 am

prochargedmopar wrote:sniff, sniff,

Me too.

I like this.

Be cool when you get it finished.

Pirates and Rats and ...... oh my!!


Should we be PiRats now?

G.

User avatar
cr0cop
rank: 50+ posts
rank: 50+ posts
Posts: 87
Joined: Tue Jul 21, 2009 6:41 pm
Reputation: 0
Location: TEXAS
Real name: Mirko
Gender: Male

Postby cr0cop » Wed Sep 16, 2009 6:42 am

TheRumpledOne wrote:
cr0cop wrote:TRO, you are mentioning the new daily low etc.....but i thought we were only going to focus on 2 pairs with a +5 pip entry and a -10 pip stop....are you changing this strategy or is it still the same?


Each trader must find their own way.

I am not sure what you are "stuck" on.


thanks for answering TRO, the thing is that i am now confused.... these are the rules that i had for the rat system:
1. trade only two pairs EJ/ GU
2. entry 5+ pips 3. stop -10 pips
3. pick only short or long
4. re set entry points according to the opening price of each hour
5. trade only london or ny open

6. take as much as you can and look for the blackswam to work on your favor

from listening to you i thought we weren't supposed to add anything more than that, please let me know where i am wrong or what it is that i understood wrong

thank you TRO

PS if we are playing two pairs for this method and lets say we only go short, would it be good if we played pairs that do the oposite of each other? that way when one of the pairs goes bullish the other goes bearish and we have an entry via versa.....that way we wont have both go bullish if we are playing only bearish and have to wait for another play
Last edited by cr0cop on Wed Sep 16, 2009 7:26 am, edited 1 time in total.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
cr0cop
rank: 50+ posts
rank: 50+ posts
Posts: 87
Joined: Tue Jul 21, 2009 6:41 pm
Reputation: 0
Location: TEXAS
Real name: Mirko
Gender: Male

Postby cr0cop » Wed Sep 16, 2009 7:23 am

Quick question TRO, is this what determines our exit? the gas level?




User avatar
lukx
rank: 500+ posts
rank: 500+ posts
Posts: 789
Joined: Wed Feb 04, 2009 5:10 pm
Reputation: 0
Gender: Male
Contact:

Postby lukx » Wed Sep 16, 2009 8:42 am

TheRumpledOne wrote:Image

If PRICE makes a new DAILY LOW:

I know from statistics that if I go long within 20 pips of the low, that there's another 20+ pips profit.

I know from statistics, that if the previous candle is green and I go long at the previous candle's high, then I should win 2 out of 3 times.

Yes, you can use DRAIN THE BANKS - RAT TRADER on different chart periods and pairs.

You do NOT need the indicators. I use them to track multiple pairs.


is it also for Daily High?
When pric emakes new DIALY HIGH you go short 20 pips from high etc?

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11396
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Sep 16, 2009 3:50 pm

cr0cop wrote:Quick question TRO, is this what determines our exit? the gas level?





It give you an idea of when to start taking profit.
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.

User avatar
flinux
rank: 150+ posts
rank: 150+ posts
Posts: 219
Joined: Wed May 27, 2009 9:52 pm
Reputation: 0
Gender: Male
Contact:

Postby flinux » Wed Sep 16, 2009 5:50 pm

Image

GREEN RAT

User avatar
forexbob
rank: 150+ posts
rank: 150+ posts
Posts: 247
Joined: Mon Apr 20, 2009 9:52 am
Reputation: 2
Location: Planet Earth
Gender: None specified

Postby forexbob » Wed Sep 16, 2009 7:22 pm

flinux wrote:Image

GREEN RAT



ciao flinux,

seems the green rat is doing OK, just some 'stupid' questions
can you explain the numbers ?
what are you using? ea indo own programming ??
The highest Forex rebates: http://www.cashbackforex.info

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”