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2012.07.10 DAILY RAT REPORT

Posted: Tue Jul 10, 2012 1:13 pm
by TheRumpledOne
2012.07.10 DAILY RAT REPORT

Image

GREEN RAT REVERSAL setup on the AUDUSD at/near the weekly open.

Yesterday's daily flipped from RED to GREEN and closed green. Today's daily candle, tested yesterday's low and reversed triggering a green rat entry.

For those of you who think I post trades AFTER THE FACT, let's set the record straight, the entry rules have been posted many, many times:

GREEN RAT REVERSAL - LONG ENTRY CRITERIA: 1) RED CANDLE CLOSES 2) GREEN CANDLE CLOSES 3) PRICE TOUCHES HIGH OF PREVIOUS GREEN CANDLE - ENTER LONG. .

RED RAT REVERSAL - SHORT ENTRY CRITERIA: 1) GREEN CANDLE CLOSES 2) RED CANDLE CLOSES 3) PRICE TOUCHES LOW OF PREVIOUS RED CANDLE - ENTER SHORT.

You know the entry criteria IN ADVANCE so you can participate in the trade if you choose. I have changed the entry slightly because I am not online 24/7. Instead of the high/low entry trigger, I enter at/near the weekly open.

Remember, STOP LOSS is a function of RISK and POSITION SIZE:

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = RISK / POSITION SIZE.

As a trader, you determine your comfortable risk and the position size you are comfortable trading. Then you calculate your stop loss.

"I am not forcing you to accept my concepts. I only request the traders to review the market from time to time keeping in mind my concepts and if found suitable use in the trades or just ignore. Thanks for your opinion."

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

Posted: Sun Jul 22, 2012 2:05 pm
by alij79
Hello TRO,

can you please share the RAT indicators and template, I am new to this forum and searching for RAT indicator/template but could not find it.

thanks in anticipation.

AJ

Posted: Mon Jul 23, 2012 7:13 pm
by TheRumpledOne
This is where you get the free RAT indicators:

http://kreslik.com/forums/viewtopic.php?p=25593#25593

Posted: Thu Aug 09, 2012 2:58 am
by dojirock
hty984,

can you say "seeeeee yaaa!"
just a matter of time!

Posted: Tue Nov 20, 2012 7:59 am
by dashen
Good!!!

Template and Indicators

Posted: Thu Jan 10, 2013 3:14 pm
by FOREXINN
Hello Everyone !!!
I am new to this forum but have read most of it. I am impressed with this work and want to use it as my trading strategies. I want to thank you TRO for all your work and dedication. I have not seen anything like this any whaere else on the net.
I am looking for help with a template and indicators that looks like the one that is posted here.
I think I have all the indicators but could use some help please. Thank you all for your contributions.
I can be emailed @ thelovellc@aol.com

FOREXINN

Best Pairs for the Rat Reversal Trade

Posted: Thu Nov 14, 2013 3:03 am
by kcbnyc
TRO,

What pairs do you find work best with the Rat Trade?

v/r
Kirk

Posted: Thu Nov 14, 2013 2:15 pm
by PebbleTrader
Why would it matter what pair you use it on?

Posted: Thu Nov 14, 2013 2:19 pm
by kcbnyc
PebbleTrader wrote:Why would it matter what pair you use it on?
Don't think it would matter. I ask because I recall TRO mentioning the EUR/JPY frequently provides Rat Trade opportunities...or something like that.

Posted: Thu Nov 14, 2013 3:25 pm
by PebbleTrader
It's a concept that is impartial to pairs