2009.09.10 DRAIN THE BANKS - LIKE A RAT

[TheRumpledOne]

RESULTS

[TheRumpledOne]

[TheRumpledOne]

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.

[Kenyuki]

TRO, but the long trade entry @ 1.62971 was not within 20 pips of the daily low now, was it? What did I miss?

Cheers,
Ken.

[TheRumpledOne]

Price reversed off the low, you take the first signal.

[zapzinig]

Tro,
What is the name of the indicator that draws the 20 pip light blue box off the daily low?
thanks,

--ZZ

[TheRumpledOne]

TRO_BZ_RAT is one of the indicators. I don't think I have sent it out yet.

[TheRumpledOne]

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."


OPPORTUNITY...

[forexbob]

THANKS for the send out indicators, and a bunch of templates.

[TheRumpledOne]

Dusted off the SHI CHANNEL. Someone said it helped.... Let's see!