2010.09.23 A NEW RAT IS IN TOWN

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Nov 03, 2010 1:25 pm

There are no "secret formulas" that predict the market future with 100% accuracy. IT'S THAT SIMPLE!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

iberenhaus
rank: <50 posts
rank: <50 posts
Posts: 4
Joined: Mon Nov 09, 2009 6:04 am
Reputation: 0
Location: Bloomfield, NJ
Gender: Male
Contact:

Not sure which indicator is showing 112.631 line and box cht

Postby iberenhaus » Sun Nov 07, 2010 8:55 am

TRO ... it's unclear to me which indicator is being used to show the PipEasy Green Candle Open line of 112.631. I tried to adjust the last version of TRO2010 Rat Plot. I tried changing variables on TRO_HL4 from the October Motherload. Please let me know which indicator ... and where I can find it ... donational or otherwise. Thanks, Ira
Attachments
2emipuo.gif
Pip Easy Rat Reverse
2emipuo.gif (17.16 KiB) Viewed 2388 times

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Sun Nov 07, 2010 9:57 pm

TRO2010_RAT_PLOT_PE.

I have NOT released it yet.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

iberenhaus
rank: <50 posts
rank: <50 posts
Posts: 4
Joined: Mon Nov 09, 2009 6:04 am
Reputation: 0
Location: Bloomfield, NJ
Gender: Male
Contact:

Postby iberenhaus » Sun Nov 07, 2010 10:48 pm

TheRumpledOne wrote:TRO2010_RAT_PLOT_PE.

I have NOT released it yet.


TRO, Thanks for solving the mystery. I appreciate that you got back to me so quickly. Thanks again. Ira

Relativity
rank: 150+ posts
rank: 150+ posts
Posts: 364
Joined: Mon Nov 15, 2010 4:19 pm
Reputation: 0
Gender: None specified

Postby Relativity » Mon Nov 15, 2010 4:56 pm

*comes out from lurking*

Thanks TRO. This method/system finally makes a lot of sense and is very suitable for my current lifestyle. It does work very very well. I only have 3-4 hours per day to trade live, so watching M15 candles and catching a good one is obvious common sense. I am not there fully yet, but I work on improving everyday.

I am not a BSC. Computer Science/IT like you ,although I am on my way doing it part time while working full time as a IT professional using my diploma. I've done some coding on my own by learning from and modding your indicators, which I hope you do not mind.

Currently what I've is the following :
- Only trade with Week Open bias + Current Market Opens bias. This ensures trading with trend. So I mod the indicator to only draw the M15 Open lines for Green Rat if ALL the opens are heading up and vice versa for Red Rat/ALL opens heading down. Any thing else = price is ranging = NO TRADING. This REALLY keeps me out of trouble too many times.
- S/L : 10 pips = 7 pips + 2.5 pip spread
- T/P : M15 average range, which is around 14 pips for AUDUSD, EURUSD, GBPUSD. If the breakout is strong, breakeven S/L and let it run to H1/M60 average range.
- Let the current M15 candle close, then look at what the candle did to the open lines to decide on the trade entry. Do not jump to conclusions too early : this seems to cause whipsaw that runs beyond 7 to 10 pips. So I created an alarm that will ring every 15 mins to maintain discipline.

Thats pretty much about it. Trading is indeed simple.



Caught a good 30 pips just now. Using mt4 FXCM demo for charting and FXCM micro a/c to enter live trade.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11405
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Mon Nov 15, 2010 8:47 pm

Sounds like you have found something that works for you... BRAVO!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

Relativity
rank: 150+ posts
rank: 150+ posts
Posts: 364
Joined: Mon Nov 15, 2010 4:19 pm
Reputation: 0
Gender: None specified

Postby Relativity » Mon Nov 15, 2010 10:55 pm



Opened a position. I am very surprise it beat the spread to dust immediately and went to +1.5 pip profit. Maybe I could bend the open markets rule here if the opposing market opens are against each other. Just make sure the range is huge like this? But NEVER go against weekly trend.

Lets see if this one works out to reach 13 pips T/P. Waiting.

Relativity
rank: 150+ posts
rank: 150+ posts
Posts: 364
Joined: Mon Nov 15, 2010 4:19 pm
Reputation: 0
Gender: None specified

Postby Relativity » Mon Nov 15, 2010 11:14 pm

Fail. I am very impressed that the position resisted against the spread not once but 3 times. But I wouldn't want to try it again, so going back to the normal rules.

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Mon Nov 15, 2010 11:34 pm

Relativity,

whats that timezone indi in the top right called, or can you tell me where to get it from??

cheers,
G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

iberenhaus
rank: <50 posts
rank: <50 posts
Posts: 4
Joined: Mon Nov 09, 2009 6:04 am
Reputation: 0
Location: Bloomfield, NJ
Gender: Male
Contact:

Postby iberenhaus » Mon Nov 15, 2010 11:45 pm

Relativity, It's unclear to me what you did based on what you wrote. You appear to want to take trades that are in the same direction as the weekly direction and the session direction (assuming they are the same). Weekly is down ... session was up. Are you using the PipEasy rule of entry (a new rat in town)? I'm not sure why you want to only trade in the weekly direction? Your only looking for 15 pips. If the system works, that's all that matters. I'm curious as to what you did. What was the trade? Did it work or not? Thanks. Ira

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”