2009.11.05 DRAIN THE BANKS - REV 9

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jz166
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Postby jz166 » Tue Nov 10, 2009 9:53 pm

thanks a lot!

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jz166
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Postby jz166 » Wed Nov 11, 2009 3:03 am

This is awesome.

Here is my first DTB V9 trade. EU made the new daily low at the last red bar. The yellow line is the long entry.

Do I miss anything? Thnx!

Image

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Postby jimmylad » Wed Nov 11, 2009 8:22 am

first real trade using this method

only took 10 pips & as I post this it's gone up 40 pips quite quickly but hey, who cares. I very nearly didn't bother cos there wasn't much momentum just before entry but I need to do less thinking. This is a very simple method but for some reason I have been making it difficult for my self & I don't really know why. Thank you Avery.

jonisonvespa
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Postby jonisonvespa » Wed Nov 11, 2009 4:22 pm

hay tro

just got a quick question, when trading the rat if he /she slips through the net past daily low fast, do we keep chasing the rat or do we move on??
do we just trade the rat inside that 20 pip zone, if it falls below just leave it??
made heavy losses chasing the rat today..


day 2 -20pips




GREEN RAT REVERSAL TRADE - ANY CHART PERIOD

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) GREEN RAT REVERSAL TRADE - ANY CHART PERIOD

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red/black candle closes

3) green/white candle closes - note the high price of the green/white candle

is ther a prize or a lesson to be learnt??

cheers tro

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TheRumpledOne
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Postby TheRumpledOne » Wed Nov 11, 2009 10:02 pm

I can't answer your question unless you post a chart so I can SEE what you were looking at.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Postby TheRumpledOne » Wed Nov 11, 2009 10:10 pm

Image

Image

Coming soon!

TRO2009_TRAININGWHEELS_RAT
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Wed Nov 11, 2009 10:31 pm

Image

Added the W1Bias,,, STAY TUNED for updates...
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 » Wed Nov 11, 2009 11:10 pm

Hi TRO

I am amazed how simple this is . JUST ACT DON"T THINK
Thank you so much
I figured it out neva mind
Genius is more often found in a cracked pot than in a whole one.
E. B. White

Ducky
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Postby Ducky » Thu Nov 12, 2009 7:53 am

jonisonvespa wrote:hay tro

just got a quick question, when trading the rat if he /she slips through the net past daily low fast, do we keep chasing the rat or do we move on??
do we just trade the rat inside that 20 pip zone, if it falls below just leave it??
made heavy losses chasing the rat today..


day 2 -20pips




GREEN RAT REVERSAL TRADE - ANY CHART PERIOD

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) GREEN RAT REVERSAL TRADE - ANY CHART PERIOD

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red/black candle closes

3) green/white candle closes - note the high price of the green/white candle

is ther a prize or a lesson to be learnt??

cheers tro


I think I know what you mean as I saw it happen today. The new low was being made so the 20 pip box was being reformed as it went. We would need to wait till it reversed to go green at the 20 pips above the new low and H1 was green or if a rat trade to meet those conditions. But wait for Tro's confirmation of this. :)

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TheRumpledOne
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Postby TheRumpledOne » Fri Nov 13, 2009 1:12 am

You do not have to wait for low + 20 to enter. That is just one trigger.

Any reason to enter when price is in the 20 pip zone is all you need. The trigger itself does not matter. It is a matter of LOCATION.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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