2012 DRAIN THE BANKS LIKE A RAT .... CONTINUED

[pjaikins]

Bump.

TRO,
You mention entering within the 20 pips zone of the current daily low. Do you still enter if the currency is very close to the top of that zone or steer clear?

Regards,
Peter

[nickohorny]

thanks brandx, but I also can't find the file?
Thanks for helping out.

[BrandX]

thanks brandx, but I also can't find the file?
Thanks for helping out.

I deleted the file after it was downloaded 25 times, this was because it has a defect of not keeping all of it's settings when you close the platform.
Also, I prefer not to become a teacher/ trader, I am only here to improve my trading.

QUID PRO QUO.

I prefer to create a Beowulf Array of traders brains, to analyze and refine the tuned rat zone.

QUID PRO QUO.

Here's the file. put it on your charts, study a month of your currency pairs and report back. I'm sure you can answer many of your questions at that time.

QUID PRO QUO.

[TheRumpledOne]

"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the left side sixty per cent of the time. How did the rat respond? It quickly realized that the left side was more rewarding. As a result, it always went to the left, which resulted in a sixty percent success rate. The rat didn't strive for perfection. It didn't search for a Unified Theory of the T-shaped maze, or try to decipher the disorder. Instead, it accepted the inherent uncertainty of the reward and learned to settle for the best possible alternative.

The experiment was then repeated with Yale undergraduates. Unlike the rat, their swollen brains stubbornly searched for the elusive pattern that determined the placement of the reward. They made predictions and then tried to learn from their prediction errors. The problem was that there was nothing to predict: the randomness was real. Because the students refused to settle for a 60 percent success rate, they ended up with a 52 percent success rate. Although most of the students were convinced they were making progress towards identifying the underlying algorithm, they were actually being outsmarted by a rat."

P64 HOW WE DECIDE (italics added)

=============================================

"Now, 2 patterns of market behavior happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)

They happen regardless of time frame (with the obvious limitations explained above)

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

=============================================

1) Price within 20 pips of the CURRENT daily low (ClLo < 20): This is OPPORTUNITY

============================================

WHY ISN'T EVERYBODY DOING IT?

Most of you know I catch a lot of flak on my forums because SOME PEOPLE don't like the way I post.

One worn out argument that is used repeatedly is, "If this is so (simple, great, profitable, ), then why isn't everybody doing it?"

Simple answer is because SOYLENT GREEN is people!

We all know exercise is great, but how many actually exercise?

We all know smoking is bad, but how many do it anyway?

We all know which foods are bad for our health, but how many eat those foods?

We all know that we should save for our future and spend less than we earn but who does that?

The list is almost endless.

As long as there are people, there will always be some STUPID people and some smart people making STUPID decisions, where STUPID is defined as knowing better but acting otherwise.

Meanwhile, the RATS are still beating the Yale students.

=============================================

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

[TheRumpledOne]

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

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

[nickohorny]

thanks brandx, but I also can't find the file?
Thanks for helping out.

I deleted the file after it was downloaded 25 times, this was because it has a defect of not keeping all of it's settings when you close the platform.
Also, I prefer not to become a teacher/ trader, I am only here to improve my trading.

QUID PRO QUO.

I prefer to create a Beowulf Array of traders brains, to analyze and refine the tuned rat zone.

QUID PRO QUO.

Here's the file. put it on your charts, study a month of your currency pairs and report back. I'm sure you can answer many of your questions at that time.

QUID PRO QUO.

Sorry i'm confused Is this the current indicator you have been using? I put it on my charts as you can see from the screenshot, where is the middle inner MA lines? The default settings loaded are on the left hand side in the box so what are the settings you give to the MA's?

Thanks, just not really sure if this is what you have been using in your chart posts or not..

[BrandX]

[quote="nickohorny"][quote="BrandX"][quote="nickohorny"]

Sorry i'm confused. Is this the current indicator you have been using?

No, I'm on TradeStation, but it is irrelevant.

I put it on my charts as you can see from the screenshot, where is the middle inner MA lines? The default settings loaded are on the left hand side in the box so what are the settings you give to the MA's?

I don't know what the optimum settings for you would be. Stop thinking of them as MA's, think of it as a rat zone.

As I recall, you are a green rat. The chart you are showing has a several 6 - 10 pip trades, and one good green rat 25 - 30 pip trade.

If the dots and arrows are confusing you, take them off and then click the buy button when you see a green rat trade. Take what profit you can.

Study price action in the rat zone you have created, if it offer high probability trades, use it. If it does not adjust it. Beyond this, I am unable to help you.

Pro Quid Pro

[MightyOne]

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

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

Sure drained the banks on those moves

[Sylverayda]

Brandx,

Hello mate, could you please post the indicator your using?



thanks , Sandra

Which do you prefer, TradeStation or MetaTrader4?

Hello BrandX,
I'd like to join Sandra if that's ok and also try your indicator. It looks interesting. I'd like to try it. (MT4) Thanks for the contribution.

[BrandX]

Sylverayda



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