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New Trader : Rat Trade

Posted: Thu Feb 27, 2014 10:56 pm
by kate682
Tro, i have read everything that i can find on your fabulous simple methods. I have got your two fabulous ebooks. I have watched your youtubes over and over. And finally, i get it! Did my first proper rat trade today, image attached. Well two actually.

Thank you !!

I understand the LOD/HOD changes in real time, and I've put a daily atr average of 60% zone before i instigate rat zones. Yes i'm a yale student, (probably a major, but won't be offered any jobs with my track record), and i traded the red rat at the HOD (after +120% atr) and earlier demo traded the green rat (my preferred) at 100% avg atr.

Hugs kate xx


Posted: Sun Mar 30, 2014 10:00 pm
by TheRumpledOne
Nice trading!

You are being a smart rat by waiting for price to range before looking to enter.

Posted: Tue Apr 01, 2014 9:52 am
by newscalper
120% ATR sounds like a London close play. I hacked one of TROs indicators to do that once - I'll see if I can find it for you.