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

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BrandX
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Postby BrandX » Thu Feb 09, 2012 4:40 pm

So, trade cost is relevant to the 10 pip S.L. of the rat trading rule?

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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 09, 2012 6:31 pm

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby nickohorny » Thu Feb 09, 2012 6:33 pm

my buzzard rat reversal trade for today
3 H1 red candles in row, taking standard rat reversal WITHIN rat zone on 4th H1.


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Postby arkan1976 » Thu Feb 09, 2012 6:39 pm

TheRumpledOne wrote:Image


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.


Hi Tro, could you say me how to get this indicator ?
Thanks.

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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 09, 2012 7:15 pm

Image

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

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

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TheRumpledOne
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Postby TheRumpledOne » Thu Feb 09, 2012 7:31 pm

arkan1976 wrote:
TheRumpledOne wrote:Image


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.


Hi Tro, could you say me how to get this indicator ?
Thanks.


That's a DONATIONAL INDICATOR.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby Fingobob » Fri Feb 10, 2012 8:20 am

Hi TRO,
Do u use limit orders for entry?
Also other than rat reversal what else do you use for entry?

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Postby arkan1976 » Sat Feb 11, 2012 4:36 pm

Hi Tro, for to start in real,

- advise any PAR in particular? Wich ?
- do you take your trades only in direction 1h ?

thanks.

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Postby TheRumpledOne » Mon Feb 13, 2012 3:04 am

Fingobob wrote:Hi TRO,
Do u use limit orders for entry?
Also other than rat reversal what else do you use for entry?


The important part is to enter WITHIN 20 pips of the CURRENT daily low.

I have been using the HOLO entry ( see 2012 donationals ) and the buy zone.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Mon Feb 13, 2012 3:07 am

arkan1976 wrote:Hi Tro, for to start in real,

- advise any PAR in particular? Wich ?
- do you take your trades only in direction 1h ?

thanks.


EURJPY.

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.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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