2009.09.10 DRAIN THE BANKS - LIKE A RAT

[TheRumpledOne]

Hi TRO,

Isint HOLO in a way similar to the Rat Zone?

Also, between your different methods, is there a particular one which does better? E.g. Wick Zone vs. Rat Zone? Thank you and have a good weekend,

A HOLO can occur in a RAT ZONE.

Thank you TRO. One last question if you don't mind - sometimes just above the prior day high or just below the prior day low, you have the Rat Zone (or HOLO) which tells you to short just above the prior day high vs. the Wick Zone which tells you to long above the prior day high. (and vice versa for short).

Since these methods are in obvious conflict, any suggestions as to how to go about things?
Thank you and have a good week ahead,

There is no conflict. Rats only trade reversals. HOLOs are reversals.

Wick Zone tells you to long AT the previous day's high.

Pick ONE method and trade it. That's how you go about trading.

[courier12]

A HOLO can occur in a RAT ZONE.

Thank you TRO. One last question if you don't mind - sometimes just above the prior day high or just below the prior day low, you have the Rat Zone (or HOLO) which tells you to short just above the prior day high vs. the Wick Zone which tells you to long above the prior day high. (and vice versa for short).

Since these methods are in obvious conflict, any suggestions as to how to go about things?
Thank you and have a good week ahead,

There is no conflict. Rats only trade reversals. HOLOs are reversals.

Wick Zone tells you to long AT the previous day's high.


Pick ONE method and trade it. That's how you go about trading.

Thank you TRO. Sometimes just need the extra reinforcing to make sure my head is screwed in the right place. Appreciate you putting this in words!

[TheRumpledOne]

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