2012.07.05 DAILY RAT REPORT

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:

2012.07.05 DAILY RAT REPORT

Postby TheRumpledOne » Thu Jul 05, 2012 3:51 pm

2012.07.05 DAILY RAT REPORT

Image

USDCHF had the RAT REVERSAL setup. Once price broke through the ATR ZONE, it was time to move the stop up and protect profit.

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
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.

Jihhn
rank: <50 posts
rank: <50 posts
Posts: 2
Joined: Sun Apr 15, 2012 11:03 pm
Reputation: 0
Gender: None specified

Hello TRO

Postby Jihhn » Sat Jul 07, 2012 7:04 am

I am a bit confused.
i dont know where to ask my questions....

Does the "buy the Zone" strategy still work ?

because i am trying to master it.

But now it seems to me that you are most concerned with "the rat reversal" strategy.

I like the Buy the Zone strategy for its simplicity.

which strategy should i try to master first ?

frang0nve
rank: 150+ posts
rank: 150+ posts
Posts: 198
Joined: Thu Apr 09, 2009 7:57 pm
Reputation: 0
Gender: Male

Postby frang0nve » Tue Jul 10, 2012 4:13 am

Hello Jijhhn:

TRO answered this question here:

http://kreslik.com/forums/viewtopic.php?t=3359

and here:

http://kreslik.com/forums/viewtopic.php?t=3361

If I understood well, he's waiting for a daily rat reversal setup to happen at/close to the weekly open.

Then he enters using the BUYZONE at/near the daily and/or weekly open.

He explain his exits here:
http://kreslik.com/forums/viewtopic.php?t=3366

The previous week's low, was a potential target or area to move the stop once penetrated.


Another exit option is explained here:

http://kreslik.com/forums/viewtopic.php?t=3363

Once price broke through the ATR ZONE, it was time to move the stop up and protect profit.


Cheers

Francisco

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 » Tue Jul 10, 2012 1:28 pm

Thanks Francisco.
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.

frang0nve
rank: 150+ posts
rank: 150+ posts
Posts: 198
Joined: Thu Apr 09, 2009 7:57 pm
Reputation: 0
Gender: Male

Postby frang0nve » Tue Jul 10, 2012 4:28 pm

You are welcome TRO!

Today I entered my first daily rat trade:

EURJPY Opened on Sunday at 97.575 forming a bullish daily candle.
Monday candle was bearish with a low close to weekly open:97.638




I sent a sell short order 4 pips below yesterday low: 97.598
SL 10 pips: 97.738
TP weekly Low: 97.434

My order was taken but a 15 pips rally stopped me out; after this, the TP was reached...

Image

Cheers


Francisco

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 » Wed Jul 18, 2012 1:46 am

"I sent a sell short order 4 pips below yesterday low: 97.598 "

What was the reason you used yesterday's low rather than using the buyzone short trigger on the daily candle?
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.

frang0nve
rank: 150+ posts
rank: 150+ posts
Posts: 198
Joined: Thu Apr 09, 2009 7:57 pm
Reputation: 0
Gender: Male

Postby frang0nve » Wed Jul 18, 2012 2:26 am

Hi TRO,

In this chart:

(EURJPY- Monday 2012.07.09)
Low:97.638
Close:97.641

(EURJPY- Tuesday 2012.07.10)
Open:97.638

At that moment, yesterday's Low was the same level than today's open, and my understanding is that the buyzone short trigger is open - 4 pips.

Cheers

Francisco

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 Jul 18, 2012 6:48 am

OK.. thanks
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.

lerbon123
rank: <50 posts
rank: <50 posts
Posts: 2
Joined: Sat Mar 15, 2014 7:59 am
Reputation: 0
Gender: None specified
Contact:

Postby lerbon123 » Mon Mar 17, 2014 9:14 am

EURJPY Opened on Sunday at 97.575 forming a bullish daily candle.
cheap fifa 14 coins
fifa coins

User avatar
RicG
rank: 150+ posts
rank: 150+ posts
Posts: 274
Joined: Tue Jul 24, 2007 11:44 pm
Reputation: 0
Location: Nashville, TN
Gender: Male

Postby RicG » Mon Mar 17, 2014 2:38 pm

SPAM-O-RAMA GALORE!!!!
(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

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


Return to “TheRumpledOne”