Would you agree that the safest m5 rat trades are those that are taken from the 3semafor high/lows, provided the red/green candle has closed and price reaches that candles high?
During my demo trading of the system this is what I would deem to be the safest trade. In addition to that, there are at least one of these trades per currency pair each day. Trade 5 pairs with a TP of 10 and potentially you could be 50 pips up.
2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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- TheRumpledOne
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gangsta1 wrote:Would you agree that the safest m5 rat trades are those that are taken from the 3semafor high/lows, provided the red/green candle has closed and price reaches that candles high?
During my demo trading of the system this is what I would deem to be the safest trade. In addition to that, there are at least one of these trades per currency pair each day. Trade 5 pairs with a TP of 10 and potentially you could be 50 pips up.
Safest green rat reversal trades are those entered within 20 pips after price has made a new daily low.
I would strongly suggest you trade only ONE PAIR until you have mastered this trade.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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GU Long Trade
The Number 3 signal appeared after the drop on the 15min, then 3 candles played around support giving the break out north signal prior to the new hourly candle.
Note: I don't follow the BIG RED text much. lol
Note: I don't follow the BIG RED text much. lol
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- GU Long.PNG (32.12 KiB) Viewed 4306 times
G/J Long Setup
This was basically the same as the GU, if one goes then the other "should" follow, but it can betray!!!
Asia session today
EU Long +7
EU Short +7
GU Long +7
GJ Long +10
Bedtime
Cheers, Monarch
Asia session today
EU Long +7
EU Short +7
GU Long +7
GJ Long +10
Bedtime
Cheers, Monarch
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- GJ Long.PNG (31.62 KiB) Viewed 4300 times
GJ signal
9:15 am EST GJ number 3 signaled.
149.72 is high for now, watching for stall - 2 min till Markets open in NY.
Entry will be short at 149.59 on charts
UPDATE: after the 9:30 am EST - 15 min bar opened price shot towards top to test the 72 area, and stalled giving the SHORT entry - exit for +10 pips completed.
Cheers, Monarch
149.72 is high for now, watching for stall - 2 min till Markets open in NY.
Entry will be short at 149.59 on charts
UPDATE: after the 9:30 am EST - 15 min bar opened price shot towards top to test the 72 area, and stalled giving the SHORT entry - exit for +10 pips completed.
Cheers, Monarch
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Avery, do you have an indicator that combines all majors in RSG format.
Currently I use the rat_scalper but I have to drag it on each chart ( 6 charts ) to see what is happening with each chart in respect to RSG.
If you have an indicator like so many other dashboards you have written that shows RSG for all majors, that would be great. Thanks.
Currently I use the rat_scalper but I have to drag it on each chart ( 6 charts ) to see what is happening with each chart in respect to RSG.
If you have an indicator like so many other dashboards you have written that shows RSG for all majors, that would be great. Thanks.
All paid jobs absorb and degrade the mind. -Aristotle
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