Something I was testing today... Rat trading within 20 pip zone but WITH an old school TRO buzzard reversal setup too... so after 3 or more H1 red candles looking for a green rat entry on 4th candle (a green buzzard reversal)
I like the using both on my side due to their stats!
2012 DRAIN THE BANKS LIKE A RAT .... CONTINUED
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You people posting squigglies do understand it is a crime punishable by being made to walk the plank don't ya?
Here I cut and paste for you others asking and bitching about no response, there is little response probably due to the fact it has been done to death, and questions like what is your trade cost and such, relevant? My trade cost is my trade cost what is yours?
The important part is to enter WITHIN 20 pips of the daily low. [glow=red]The RAT REVERSAL is only one entry method[/glow].
And then here
Go from here
Here I cut and paste for you others asking and bitching about no response, there is little response probably due to the fact it has been done to death, and questions like what is your trade cost and such, relevant? My trade cost is my trade cost what is yours?
The important part is to enter WITHIN 20 pips of the daily low. [glow=red]The RAT REVERSAL is only one entry method[/glow].
And then here
Go from here
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Remora wrote:You people posting squigglies do understand it is a crime punishable by being made to walk the plank don't ya?
Here I cut and paste for you others asking and bitching about no response, there is little response probably due to the fact it has been done to death, and questions like what is your trade cost and such, relevant? My trade cost is my trade cost what is yours?
The important part is to enter WITHIN 20 pips of the daily low. [glow=red]The RAT REVERSAL is only one entry method[/glow].
And then here
Go from here
haha! I was testing out Brandx's MA Envelope, however I'm not a full time squggly brigade member!..
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1) Price within 20 pips of the CURRENT daily low (ClLo < 20): This is OPPORTUNITY
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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Remora wrote: [highlight=red]and questions like what is your trade cost and such, relevant? [/highlight]
It would seem to be very relevant, because it is part of a rat trading rule.
The rule being 10 pip S.L. including spread, 3 examples;
One trader consistently gets a 1 pip spread, that's an effective 9 pip S.L. +1 spread
Second trader consistently gets a 2 pip spread, that's an effective 8 pip S.L. +2 spread
Third trader consistently gets a 3 pip spread, that's an effective 7 pip S.L. +3 spread
If TRO is at the upper range, he has an advantage over the other two traders
following his 10 pip rule. They would have to adjust their S.L. to have the same statistical advantage.
Fixed spread = theft, obviously the type of account you have will improve or worsen your spread, and as far as I know spreads need to be averaged over a set of trades. Aim for the cheapest spread you can get would be what I think, but bare in mind cheap doesn't always mean good. One way or another the broker wants paying. A goal for the second and third traders is to be getting into the top spot or higher.
Edit just not to waste anymore SPACE ha, trade cost matters whatever your method! Crazy.
Edit just not to waste anymore SPACE ha, trade cost matters whatever your method! Crazy.
Last edited by Remora on Thu Feb 09, 2012 4:54 pm, edited 2 times in total.
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