2009.09.10 DRAIN THE BANKS - LIKE A RAT

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TheRumpledOne
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Postby TheRumpledOne » Tue Sep 22, 2009 2:08 pm

NO.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby TheRumpledOne » Tue Sep 22, 2009 2:09 pm

cr0cop wrote:hello TRO, these are the rules for my RAT system.....please let me know if you agree with them, and if you do it could help the people asking about the rat since it is all in here, please give me your feed back thanks

E/J -RULE: always trade short ONLY
AT THE OPENING OF THE HOUR
When -5 pips FROM H1 open Enter short
stop is 10 pips
there is no target profit you just take as much as you can


G/U -RULE: always trade short ONLY
AT THE OPENING OF THE HOUR
When -5 pips FROM H1 open Enter short
stop is 10 pips
there is no target profit you just take as much as you can


E/U -RULE: always trade LONG ONLY
AT THE OPENING OF THE HOUR
When +5 pips FROM H1 open Enter long
stop is 10 pips
there is no target profit you just take as much as you can

RULE: trade london, and NY open and around those times for better moves



Only trade ONE PAIR.

Pick ONE PAIR and stick with it.

The rat does NOT change mazes.
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.

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cr0cop
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Postby cr0cop » Tue Sep 22, 2009 4:06 pm

TheRumpledOne wrote:NO.


so we shouldn't exit if price begins to stall when it has not hit our stop? we should only exit when price begins to stall and we are already in some profit?

thanks

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cr0cop
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Postby cr0cop » Tue Sep 22, 2009 4:07 pm

TheRumpledOne wrote:
cr0cop wrote:hello TRO, these are the rules for my RAT system.....please let me know if you agree with them, and if you do it could help the people asking about the rat since it is all in here, please give me your feed back thanks

E/J -RULE: always trade short ONLY
AT THE OPENING OF THE HOUR
When -5 pips FROM H1 open Enter short
stop is 10 pips
there is no target profit you just take as much as you can


G/U -RULE: always trade short ONLY
AT THE OPENING OF THE HOUR
When -5 pips FROM H1 open Enter short
stop is 10 pips
there is no target profit you just take as much as you can


E/U -RULE: always trade LONG ONLY
AT THE OPENING OF THE HOUR
When +5 pips FROM H1 open Enter long
stop is 10 pips
there is no target profit you just take as much as you can

RULE: trade london, and NY open and around those times for better moves



Only trade ONE PAIR.

Pick ONE PAIR and stick with it.

The rat does NOT change mazes.


so everything else i said is good except i should stick to just 1 pair?

thanks

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Postby lukx » Tue Sep 22, 2009 4:37 pm

crOcop, why did you set your rule for GU to only short and eu only long?

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Postby cr0cop » Tue Sep 22, 2009 7:26 pm

lukx wrote:crOcop, why did you set your rule for GU to only short and eu only long?


because you are playing like the rat, you either only go long or go short

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Postby cr0cop » Tue Sep 22, 2009 7:27 pm

hey TRO i was wondering if you use 'sub pips' when trading the rat method on mb trading?

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Postby lukx » Tue Sep 22, 2009 7:44 pm

ok but are there any statistics that show for each pair what direction is better to take?

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Postby TheRumpledOne » Tue Sep 22, 2009 7:49 pm

hey TRO i was wondering if you use 'sub pips' when trading the rat method on mb trading?

What is a "sub pip"? Do you mean the extra decimal? That has no effect.

===========

ok but are there any statistics that show for each pair what direction is better to take?

There is no "better". Price goes up AND down.
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.

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lukx
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Postby lukx » Wed Sep 23, 2009 9:31 am

cr0cop, so is this RAT working for you. I was RATing :) since London open and SL got hit every hour. I don't get it how TRO is profitable with this.

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