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

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MightyOne
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Post by MightyOne »

The Rat Trade is as easy as it gets:

http://i47.tinypic.com/15rh2xl.gif

You can use TRO's PTRN multimeter to see rats in every chart period (red for red rat etc).
adrian2012
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Post by adrian2012 »

After looking at the EXIT PLAYBOOK video, I see there was a suggestion for a following exit strategy:

at +1 pip wait
at +2 pip wait
at +3 pip move stop to break even
at +4 pip wait
at +5 pip move stop to entry + 3
at +6 pip wait
...

Is there a particular trade manager that anyone can recommend to handle the movement of the stop as the trade progresses? I know action can go fast sometimes and it would be nice for a tool to be able to handle this for me. I did a Google search and several trade managers came up, thought I'd get a recommendation from members on Kreslik if you guys use any.
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westcountry
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Post by westcountry »

Thanks, Thanks....thanks!

All - I am new to this forum and have been studying TRO's threads, especially this one over past few weeks. I want to say a big heartfelt THANKS to all the people contributing here on this "2012 Drain the Bank Like a Rat" thread, as I am learning a lot and getting started paper trading these strategies.

Chris
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Rat Trade Reversal Indicators

Post by stephen77 »

I'm trying to find these rat reversal indicators with checkboxes showing when a set up is imminent.

Does anyone know what they're called and where I can find them

Image
Erykos
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Post by Erykos »

Hello!

I have a problem with understanding your system. I mean one thing.
TRO said to me: The entry price must be between the DAILY LOW and the DAILY LOW + 20 PIPS.

What does it mean?

What's wrong in my chart? TRO, you told me that in my chart the entry was ABOVE the DAILY LOW + 20 PIPS.
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Erykos
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Post by Erykos »

My last question, Where can I get the indicator with first post TRO on page 1?
http://i39.tinypic.com/14idfuw.gif
stephen77
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Post by stephen77 »

Erykos

I think you'll find that indicator is TRO2012_MP_GPS which is included in the 2012 Donational Indicators

Looking at your chart the buy signal was not within the Rat Zone
In other words it wasn't within 20 pips of the Daily Low

Hope that helps
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Post by Erykos »

Ok, thank you. Rat Zone? Daily Low/ high is rat zone? Probably not. If not, can you show me what is rat zone?

Thsmk you.
Erykos
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Post by Erykos »

Where I'll get this indicator? I have TRO_RAT_ZONE. It's good?
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Karma
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Post by Karma »

The rat zone draws a line at the daily high and a short trigger 5 points below

as well as the daily low and a 5 point buy trigger line

all of these formulas are very easy to visualize on any chart
"Profit is found in a thinking mind. If you come to this . . . with pen and paper in hand then you will fail to find the beauty that exists within yourself." - MightyOne
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