pp2 wrote:TheRumpledOne wrote:
FOLLOW THE RAT REVERSAL TRADING RULES "AS IS"
GO TO YALE... LOL!
THIS IS SO SIMPLE...
However, if you can NOT see it, then DO NOT TRADE IT!
I'm not Yale material, believe me.
Can I ask are you talking about previous day daily low or the day low of the day?
The rules for this trading is simple, no prob, no need to be a yale or any other student to take these 20 pips from the bottom trades.
But how about the tro2009 rat plot scalps please TRO, you're a scalper I think, so can you give some pointers? How/what/when/where can we take trades so that we can have a more win than loss ratio, I can't just take every single trade when a line appears ehh?
Are you sure you are NOT YALE MATERIAL?
Read the following and tell me if I wrote the word PREVIOUS
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."
EXECUTE THE RAT REVERSAL "AS IS"
ENROLL IN YALE.