2009.09.10 DRAIN THE BANKS - LIKE A RAT

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Angy1234
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Postby Angy1234 » Mon Nov 02, 2009 5:31 pm

Hi Tro,
was wondering if you could/would adjust "TRO2009 RAT plot" to set to a different sound in the options. I have some neat little rat sounds.
Thnx

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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 5:37 pm

Price makes a high and low each day. How often do they retrace 100%, I don't know.
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 5:40 pm

thanks for the answere TRO.

I am getting the hang of this system.. I need to stay more time in the trades tho.. I am leaving pips on the table that I can take. I need more confidence

JUAN

coolheat320
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Postby coolheat320 » Mon Nov 02, 2009 5:49 pm

Hi,

Can some body tell me the reason why my bar end clock doesn't count down on my charts? It just tends to stick at the time at which I open the chart up.

Thanks in advance :)

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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 5:51 pm

Image
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 6:24 pm

coolheat320 wrote:Hi,

Can some body tell me the reason why my bar end clock doesn't count down on my charts? It just tends to stick at the time at which I open the chart up.

Thanks in advance :)


Sounds like you don't have the indicator loaded in the indicator folder.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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coolheat320
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Postby coolheat320 » Mon Nov 02, 2009 6:43 pm

Thanks for your response TRO.

I've just recieved an email & my MB Demo account will not be active until later this evening, that's why my indicators are playing up apparently.

Cheers

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tro range guage

Postby Banky » Mon Nov 02, 2009 7:49 pm

Tro could you please tell me how to make all three timeframes of the range guage appear on the chart ...sorry for the bother ..I know this is more of an MT4 question

TheRumpledOne wrote:
coolheat320 wrote:Hi,

Can some body tell me the reason why my bar end clock doesn't count down on my charts? It just tends to stick at the time at which I open the chart up.

Thanks in advance :)


Sounds like you don't have the indicator loaded in the indicator folder.

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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 02, 2009 10:47 pm

Load the indicator on the chart 3 times.

Change the myPeriod inputs to the time periods you want to display. I posted a template a few pages ago.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Tue Nov 03, 2009 12:03 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."
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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