NEVER LOSE AGAIN!! TheRumpledOne

[TheRumpledOne]

GOT CHEESE!!

 

[TheRumpledOne]

GREEN RAT GETTING FAT!!

 

[TheRumpledOne]

 

[TheRumpledOne]

Remember what H. Rearden said:

"Now, 2 patterns of market behaviour happen on a regular basis:

1) the price breaks to new high's (or low's)

2) the price reverses from new high's (or low's)"


If price is NOT making a new low then it must be reversing from the low.

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."

 

[TheRumpledOne]

 

[TheRumpledOne]

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

 

[jaspertrademaster]

really interesting.

 

[TheRumpledOne]

RED RAT GOT CHEESE

 

[TheRumpledOne]

RED RAT OPPORTUNITY...

 

[TheRumpledOne]

RED RAT ACTION...

 

[TheRumpledOne]

GOT CHEESE?

 

[TheRumpledOne]

The chance that the upper wick (daily high - candle top) will be more than 20 pips in length is what I look to exploit for profit.

Based on frequency distribution, this occurs over 66% of the time.

 

[TheRumpledOne]

HERE WE GO AGAIN...

 

[TheRumpledOne]

Just have to WAIT for the price to get into the RED RAT REVERSAL ZONE to begin trading

 

[TheRumpledOne]

1) price within 20 pips of the daily low - that is OPPORTUNITY

2) red candle closes

2) red candle closes

2) red candle closes

Trading is waiting... you must learn to wait for you entry trigger.

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

You could have made 10 or more pips for a 2% gain.


"The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books."

 

[HairyMoose]

Hello Mr RumpledOne . Just after finding this forum . I'm not forex trading , just trading some volative bank shares in Ireland and UK so far . I have switched to spread betting from trading real shares recently and have tick up , tick down display of prices , but not on an advanced display as this
Metatrader .
Is it only with forex that your system works or also with regular shares ?
Also is the Metatrader an inforation only system or do you trade on it ?
Thanks from a nubie .

 

[TheRumpledOne]

I am not familiar with the term "regular shares". Are you talking about stocks?

I use MetaTrader for charts. I do not trade on it. But one could. I would not suggest it.

 

[TheRumpledOne]

More information about THE RAT:

http://itre.cis.upenn.edu/~myl/languagelog/archives/002700.html

 

[TheRumpledOne]

OPPORTUNITY

 

[TheRumpledOne]

RESULTS