2009.09.10 DRAIN THE BANKS - LIKE A RAT

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
roger_over
rank: 50+ posts
rank: 50+ posts
Posts: 85
Joined: Sun Oct 11, 2009 7:28 am
Reputation: 0
Gender: Male

Postby roger_over » Fri Nov 20, 2009 3:59 pm

I put in 3 trades on the #3 semafor following the green rat notes within the 20 pip from low rule on the GU and had 3 winners 18 pips total (even though all opinions said it was going the opposite), I am trying to stick with what TRO says, price action period. yes sometimes we will get stopped out , after seeing all the mixed results from everyone and there strategies and more I attempt to analyse the TF's the more confusing it gets so I am going to just stick with the simplicity of it . I am only a green rat , I am sticking with 1 pair GU, trading mostly the mid asian and early ny sessions so far this has worked the best for me.
Genius is more often found in a cracked pot than in a whole one.
E. B. White

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

gangsta1
rank: 50+ posts
rank: 50+ posts
Posts: 86
Joined: Wed Apr 01, 2009 12:18 pm
Reputation: 1
Gender: None specified

Postby gangsta1 » Fri Nov 20, 2009 4:19 pm

TheRumpledOne wrote:
gangsta1 wrote:I got stopped out of a fair few trades today (m5, 10pip stop loss). I was trading green rat reversals below the weekly open. These were beyond 100 pips below which suggests they were valid trades. However, I made a few nice green rat trades on the UCHF and UCAD which incidently were above the weekly opens. I therefore conclude that my results today would have been better by trading green rats above the weekly open only. Although trading green rats above the weekly open only is a rule of thumb, this rule would have saved a fair few losses today...Same applies to red rats, I saw a few red rats taking pips below the weekly open today.

The pairs that were above the weekly opens had profitable green rat trades on the m5 and h1.


How far were they below the DAILY OPEN?

You have to let the RED RATS get their cheese.


These trades were around 50 pips below the daily open. Perhaps the rule of thumb for taking green rats above the weekly/daily open is more important than I first percieved. Looking back in hindsight, the pairs that I took green rat reversals on were not only below the weekly/daily opens they had also had red rat triggers underway on the h1 and even d1 which should have stopped me going green.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12778
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1331
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Fri Nov 20, 2009 10:31 pm

roger_over wrote:I put in 3 trades on the #3 semafor following the green rat notes within the 20 pip from low rule on the GU and had 3 winners 18 pips total (even though all opinions said it was going the opposite), I am trying to stick with what TRO says, price action period. yes sometimes we will get stopped out , after seeing all the mixed results from everyone and there strategies and more I attempt to analyse the TF's the more confusing it gets so I am going to just stick with the simplicity of it . I am only a green rat , I am sticking with 1 pair GU, trading mostly the mid asian and early ny sessions so far this has worked the best for me.


Nice trading.

Stick with what works for you.

There is nothing to analyze.

Do not be confused.

TRADING IS SIMPLE!
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12778
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1331
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Fri Nov 20, 2009 10:35 pm

It is best not to trade long when a RED RAT REVERSAL has triggered.

Let the RED RATS get some cheese. Be patient. There will be plenty of cheese left for the GREEN RATS after the RED RATS are done eating...LOL!

Yale students don't get to eat much cheese...LOL!
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12778
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1331
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Sun Nov 22, 2009 3:57 pm

Image

It was a down week for the GBPUSD but the green rats still made money trading the reversal off the daily low.

The red rats got fat.
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.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

gangsta1
rank: 50+ posts
rank: 50+ posts
Posts: 86
Joined: Wed Apr 01, 2009 12:18 pm
Reputation: 1
Gender: None specified

Postby gangsta1 » Mon Nov 23, 2009 9:57 pm

Well no green rat reversal trade opportunities at all today for me on the 12 pairs I watched for 12 hours. When I say opportunity I am referring to green rat reversals above the weekly open and within 20 pips of the daily low. GOT CHEESE? Erm, no.

User avatar
roger_over
rank: 50+ posts
rank: 50+ posts
Posts: 85
Joined: Sun Oct 11, 2009 7:28 am
Reputation: 0
Gender: Male

Postby roger_over » Tue Nov 24, 2009 12:59 am

I just wanted to add that I was only able to see the charts for approx 1 hour this morning and I was able to snag about 15 pips only approx 6 net after comissions. I was mostly looking at the PA from the #3 semafor also knowing the daily candle was up. I am starting to see the formula with-out even seeing the semafor , I believe TRO has stated that you do not even need indicators to see it (please correct me If I am wrong) Watching the 5 min chart from work I see it happening again as well. I too am a green rat only, just wanted to add this to encourage anyone. Just looking at a candlestick chart you can see the rat form over and over again even. Of course I was able to get out of the trades with profit as it was not moving that fast, Also this is demo I know live can be much different . I hope this helps someone
Genius is more often found in a cracked pot than in a whole one.

E. B. White

Humble
rank: 500+ posts
rank: 500+ posts
Posts: 576
Joined: Fri Mar 20, 2009 10:29 am
Reputation: 2
Gender: Male

Postby Humble » Tue Nov 24, 2009 4:40 am

It's in one of the motherloads.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

gangsta1
rank: 50+ posts
rank: 50+ posts
Posts: 86
Joined: Wed Apr 01, 2009 12:18 pm
Reputation: 1
Gender: None specified

Postby gangsta1 » Tue Nov 24, 2009 10:04 am

TheRumpledOne wrote:Image

It was a down week for the GBPUSD but the green rats still made money trading the reversal off the daily low.

The red rats got fat.


This looks good in hindsight, however I was a green rat last week attempting to chase those stated reversals from the daily low. I got stopped out many times in trying to do so. It is difficult for one to determine exactly when the daily low has been made. I even took green rat reversals 100 pips from the daily open thinking "this has to be the low", well it was not on many occasions.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12778
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1331
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Tue Nov 24, 2009 12:51 pm

DO NOT THINK....

OBSERVE
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.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”