2009.09.10 DRAIN THE BANKS - LIKE A RAT

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ForexRocket
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Postby ForexRocket » Mon Nov 02, 2009 5:38 am

Tro,

You had mentioned using an ECN broker, can you give us the name of some of the more reputable ones that accept US clients? Thank you in advance for any help you can give.

ForexRocket

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Kenyuki
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Postby Kenyuki » Mon Nov 02, 2009 6:26 am

ForexRocket wrote: can you give us the name of some of the more reputable ones that accept US clients?


Try MB Trading

Cheers,
Ken.

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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 1:08 pm

Image

Remember what H. Rearden said:

"Now, 2 patterns of market behaviour happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)"


If price is NOT making a new low then it must be reversing from the low.

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."

Image

OPPORTUNITY....
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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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 1:41 pm

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GREEN RAT TAKES SOME CHEESE...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 2:07 pm

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WAITING...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 2:37 pm

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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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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 2:45 pm

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WAITING...
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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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 3:01 pm

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GOT CHEESE!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 3:21 pm

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GREEN RAT GETTING FAT!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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JESGPY
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Postby JESGPY » Mon Nov 02, 2009 4:02 pm

TRO.. how often those a rat go all the way from top to bottom or bottom to top?

Cause it will be nice to get a move like that.

JUAN

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