2010.09.23 A NEW RAT IS IN TOWN

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eudamonia
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Postby eudamonia » Fri Sep 24, 2010 3:23 pm

lukx wrote:nope it didn't work -10 pips :(


Lukx,

I'm sorry but I got so tired of taking all your money this week that I had to sleep in. I missed going short where you went long on the Yen.

But please inform me the next time you take a position so I don't miss it. I'll be on the other side of your trade. :wink:

Edward

P.S. I am trying to get you to THINK. Are you a man or a mouse? Would Lance Armstrong ask the Pelaton how to ride the Pyreenes? Hell no! Love him or hate him he has his own view of the ride and he will not ride it any other way than his way. Do you have your own view of the market or are you a sheeple? You cannot be Avery, Edward, Mo, etc. You must be Lukx. Observe the market, observe yourself. What are they telling you? Have conviction on the market and then trade. If you are wrong then reassess. But DON'T QUIT on yourself.
Eudaimonia (pron.: you-die-moan-e-a) (Greek: εὐδαιμονία) is a classical Greek word commonly translated as 'happiness'. The less subjective "human flourishing" is often preferred as a translation.

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prochargedmopar
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Postby prochargedmopar » Fri Sep 24, 2010 4:18 pm

Hi, I'm PRO

Am I "seeing" this correctly?

Image

Btw, those upper two blue lines have been on there for days. Look to the far right of chart to see how price acted at that level today.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby tmanbone » Fri Sep 24, 2010 4:42 pm

The "line" on your previous question Tex. Didn't mean to confuse with a green rat trade. I'm a red rat, pointing to a green rat trade. Trade from one to the other. I would be thinking about getting out of the previous E/U H4 green rat trade in the below chart.

Possible area of interest for a red rat. Wait for the close to decide. Your stops don't have to be big, if it's not going your way, get out, wait, enter again. This is what TRO talks about. Take a very small stop, a few times if needed, to get the trade. It's the price of admission. The only candle you want is the one going your way. Shake all else loose, like a red hot coal.

Image
Last edited by tmanbone on Fri Sep 24, 2010 9:38 pm, edited 4 times in total.
"The simplicity of the markets is it's greatest disguise"

T

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Postby MightyOne » Fri Sep 24, 2010 7:04 pm

prochargedmopar wrote:Hi, I'm PRO

Am I "seeing" this correctly?

Image

Btw, those upper two blue lines have been on there for days. Look to the far right of chart to see how price acted at that level today.


The more you understand what is going on around you, the less likely you are to do something stupid.

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Postby tmanbone » Mon Sep 27, 2010 1:37 am

Image

H4 Rat, TRO/pipEASY style.
Slim pickin's for the E/U red rats
"The simplicity of the markets is it's greatest disguise"



T

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dragon33
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Postby dragon33 » Tue Sep 28, 2010 11:33 am

people should make easier profit as before with old rat. Especially when they are trading with higher frames
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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TheRumpledOne
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Postby TheRumpledOne » Tue Sep 28, 2010 12:15 pm

Hey Dragon, you won't get any argument from me.
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.

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Postby rjmann » Thu Sep 30, 2010 1:34 am

TRO - Out of all your trades this system is the easiest, I've done very few trades and stop at 2 percent (10 pips). I'm leaving lots of pips on the table. I'm also trading just as a red rat, watching lots of trades go by, If the trade doesn't look totally sexy, don't take it. The 4 hour chart is the best. Very important, if your a red rat, make sure W1 bias is down.
Thanks TRO
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TheRumpledOne
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Postby TheRumpledOne » Thu Sep 30, 2010 1:49 pm

rjmann:

I am happy you found something that works for you.

DRAIN THE BANKS!
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.

rjmann
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Postby rjmann » Thu Sep 30, 2010 2:33 pm

TRO - My trading has definately made a turn, and I'm pretty excited. I haven't made any big money yet, but I'm waiting to put together a bigger sample lot. Which is hard because I'm taking alot fewer trades. But I gotta tell people who are struggling what made the jump to better trades for me. I decided that this year was going to be my best year of trading, so I studied lots of systems, crossovers, divergence, triangles and patterns (the best of all them). No matter what system I traded I started noticing that when I looked to my left, that price was obeying certain levels of price, and no matter what signal I had that said go, price was not going to make a decision untill it overcame that support or resistance. That's when I knew I needed to come back here and practice your systems. Thow in W1 bias and that adds alot of success.
Image

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