2009.09.10 DRAIN THE BANKS - LIKE A RAT

[TheRumpledOne]

RESULT.

[roger_over]

Keep em coming Avery I love it just play the statistics

[TheRumpledOne]

Do you ever wonder why some people say this doesn't work?

I guess they don't like being beaten by a RAT!

[TheRumpledOne]

OPPORTUNITY...

[TheRumpledOne]

RESULTS.

[roger_over]

RESULTS.

Hi Avery just a couple of observations the daily & weekly gauge are below open and you take the trade long also there is a gauge at the top right hand that I have not seen , I noticed that it looks like it tells you the # of pips from the H/L is this correct and does this help you decide which pair to trade the rat, I have gotten stopped out on some pairs that were below D/W open and I am curious as to how you decide that ,Thanks for taking time to comment

[bredin]

this is rediculous.... started trading 10:00ish (pm in nz, sometime early in the euro session iirc) and by 10:30 pm had my 2% secured. could have had a lot more....

this is waaay to easy

a quick look says may trades were on from 10:06 until 10:13 on audaus and eurusd.

[roger_over]

this is rediculous.... started trading 10:00ish (pm in nz, sometime early in the euro session iirc) and by 10:30 pm had my 2% secured. could have had a lot more....

this is waaay to easy

a quick look says may trades were on from 10:06 until 10:13 on audaus and eurusd.

Hi Bredin , Good trading , I can look at the charts from FX street during the day at my job and it is amazing how you can see this method completely naked (not me of course lol) Like TRO , Ptg & others say just pick a method with an edge and stick with it. I am only able to trade approx 2 hours per day so I really like this method as well.

[bredin]

thanks, roger_over

while i had a job I traded zlines, usually h4, which I could do 'around' my work schedule, with my best week being +26% in three trades (total risk 3%). but now that I have more time on my hands I have been developing my skills on shorter timeframes- ive been learning to scalp which, oddly enough, takes more patience than trading longer timeframes.

rat entries seem to be very reliable and (sorry tro) i still pick my direction based on zline targets, and wrote a dashboard to show me which pairs to look at.



Cheers
G

[roger_over]

Hi Bredin , I am still trying to get the concept of Zlines but right now I am sticking with the Rat. Not to change the subject of the thread but would you mind sharing a bit how you incorporate Zlines into the Rat ? say for example how do you base your decision on the direction there is a recent long zl on the H4 is that how you would base your long trade?? I know that Dragon33 has mentioned that his method is similiar to Zline /Rat. Do you draw your own Zlines or use the Blubb Zl indi?? Thanks for any info . I am trying to get into longer trades so I can trade more around my work schedule w/out huge drawdowns Thanks again