2009.09.10 DRAIN THE BANKS - LIKE A RAT

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bredin
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Postby bredin » Thu Jan 28, 2010 12:57 am

All im really looking for (and I say looking for, coz im still observing this, not trading this) is that "double touch" that signals that the original H1/H4/D1 traders have been zeroed before the price takes off again.

Often this happens in or near the 20 pip rat zones and this interaction is what I am observing at the moment, especially in its ability to throw price back to another zline.

I posted a pic of the phenomenon in the DTB v 9 thread here:
http://kreslik.com/forums/viewtopic.php?p=33609#33609
the zlines are drawn by an indi I wrote so I could see zlines from other timeframes on my charts.

in the meantime lets just say im quietly excited when I see price approaching these lines and expect a stronger reversal in this area.

Of course I could just be thinking too much....

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TheRumpledOne
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Postby TheRumpledOne » Thu Jan 28, 2010 12:58 pm

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WAITING FOR OPPORTUNITY...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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scheeco
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Postby scheeco » Thu Jan 28, 2010 2:50 pm

TRO would you recommend trading the MB Trading MT4 platform.
They say it is still ECN so would that mean they are not becoming spread assasins?

Also mind a quick explanantion of the difference between ECN and normal broker like FXCM. They both have spreads of the GBPJPY for example - the spread for the one is just tighter.
I am a little confused.

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TheRumpledOne
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Postby TheRumpledOne » Thu Jan 28, 2010 3:11 pm

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OPPORTUNITY...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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roger_over
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Postby roger_over » Thu Jan 28, 2010 3:14 pm

I picked up some pips off the EG when the gauge showed it and it bounced 30+ pips
Genius is more often found in a cracked pot than in a whole one.
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Postby joewright60 » Thu Jan 28, 2010 3:33 pm

Hi TRO I've read this thread many times but I'm still not getting the gauges you post showing "Opportunity". What are we to look for on the chart that shows us when the price is within 20 pips of the daily low?

What do the ClOp HiCl and ClLo mean?

If anyone else can help I would be very greatful.

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TheRumpledOne
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Postby TheRumpledOne » Thu Jan 28, 2010 3:36 pm

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RESULTS.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby roger_over » Thu Jan 28, 2010 3:38 pm

Hi Avery I picked up a quick 5 pips on that one myself, Don't think just act
Genius is more often found in a cracked pot than in a whole one.

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TheRumpledOne
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Postby TheRumpledOne » Thu Jan 28, 2010 3:47 pm

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OPPORTUNITY...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby joewright60 » Thu Jan 28, 2010 3:57 pm

Hi TRO. Where can I get this guage showing multiple pairs?

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