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

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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 02, 2012 1:19 pm

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Let's clear things up:

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the CURRENT daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.


Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS. THINK ABOUT IT!!


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


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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 02, 2012 2:33 pm

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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.
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 Student » Fri Feb 03, 2012 12:31 am

Apologies for polluting the thread...
Guys just wondering which broker to choose for best prices and stability

http://www.mbtrading.com/

http://www.alpari.co.uk/

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TheRumpledOne
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Postby TheRumpledOne » Fri Feb 03, 2012 12:37 pm

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

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

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.

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Postby TheRumpledOne » Fri Feb 03, 2012 1:50 pm

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Don't you just love NFP Day!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby BrandX » Fri Feb 03, 2012 1:52 pm

Sure do, 34 + pips so far.3 more hours to trade. :>)

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Postby avasfx » Sat Feb 04, 2012 6:16 pm

Hello everyone,
i'm a little confused while searching for the indicators you are using in the drain the banks like a rat method, too many threads with even more different indicators. Can someone please point me to the indicators and eventually desription of the method.
Thank you and have a great weekend
Alex

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Postby pjaikins » Sun Feb 05, 2012 4:07 am

So I'm assuming TRO that you got in the rat at 15:31 but not the one at 15:39, seeing that the latter was outside the 20 pip zone?

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Postby Sylverayda » Sun Feb 05, 2012 8:27 am

Cześć avasfx/Alex
indykatory znajdziesz w specjalnej sekcji:

http://kreslik.com/forums/viewtopic.php?t=2902

jest ich sporo więc radzę poczytać od początku thread:

http://kreslik.com/forums/viewtopic.php?t=2095 (TRO umieścił tam m.in. listę tych których sam używa)

Mnie wystarczyło jakieś 30 stron żeby się zorientować.

Metoda jest tak prosta, że nie są ci potrzebne tak naprawdę żadne wskaźniki.
Musisz wiedzieć jakie jest daily low/daily high i zaznaczyć poziomą linią.
Według TRO możesz być albo RED RAT i tylko i wyłącznie sprzedajesz lub GREEN RAT i tylko kupujesz. Cały czas jeden i ten sam kierunek, para i time frame.

Ja jestem GREEN więc kiedy widzę, że cena osiągnęła daily/weekly low i jest świeczka w górę, czekam na drugą świeczkę w górę i wchodzę w momencie kiedy urośnie wyżej niż knot poprzedniej świeczki. TRO daje stop loss 10. Jest to tylko metoda wejścia. Ty decydujesz kiedy wychodzisz.
Ja gram na gbp/usd i takich momentów jest kilka dziennie.

Polecam kanał TRO na youtube.
pozdrawiam,

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TheRumpledOne
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Postby TheRumpledOne » Mon Feb 06, 2012 1:18 pm

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"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

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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.
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.


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