2009.09.10 DRAIN THE BANKS - LIKE A RAT

[tunwirwas]

Hi The RumpledOne

I think I understand it now,... thank you

my live account :
4656707 2009.12.11 14:00 sell 0.30 eurusd 1.4762 1.4714 0.0000 2009.12.11 17:02 1.4624 0.00 0.00 283.10 ?
4660879 2009.12.11 17:01 sell 0.30 eurjpy 131.04 131.00 129.95 2009.12.11 17:39 130.06 0.00 0.00 226.05 ?
4661075 2009.12.11 17:20 sell 0.30 gbpjpy 145.48 145.37 143.93 2009.12.11 17:55 144.91 0.00 0.00 131.23 ?

Take whatever profit you can.

DRAIN THE BANKS

[TheRumpledOne]

RESULTS

[roger_over]

Hi Avery, I just wanted to drop you a note and let you know I am starting to get great results using this method. Could you please tell me the name of the indicator in the above post that shows the blue white and pink lines?
Thank you very much

[TheRumpledOne]

Could you please tell me the name of the indicator in the above post that shows the blue white and pink lines?

TRO_TRADE_LINES_ohlm

[nechong]

hi tro,

sorry i am still quite new. so far only play demo.

the chart above is very colorful but i felt confused.

if i just want a simple indicator or signal to show me price now is within 20 pips from daily low/high, and is after 3 metafor, so i can trigger an entry long/short.

which one i should use? the november version?


thanks

ch

[TheRumpledOne]

DRAIN THE BANKS REV 9 will show when price is within 20 pips from daily low/high,

[Healthcare]

Hi TheRumpledOne, i m new here and i just want to know where i should start to master DTB ..thanks and Happy new year !!!

[TheRumpledOne]

Start with the first post in this thread and continue reading.

[Healthcare]

ok,thanks ....

[gangsta1]

Tro one of the main rules of thumb is to trade with the h1 bias.

I have seen many screenshots of rat trades you have taken against the h1 bias. Is this a rule you choose to ignore with rat reversals?

I also assume there does not have to be a semafor on the current or previous h1 candle judging by the trades you have posted on other forums?

"I use a limit order to buy AT THE HIGH PRICE. I enter the limit order when the ASK is at the high." - So you wait for price to actually move in the direction you want and then place the order in anticipation of it returning to the entry point? I though a "buy/sell stop" would be more appropiate?