NEVER LOSE AGAIN!! TheRumpledOne

raw293.gif


OPPORTUNITY...
 
soccer_daemon said:
Hi Tro, this may be a silly question re your rat reversal s/l rule which says it's always 10, which is
fine. Won't it be more sure that a real low reversal is not playing out when the day's
current low is taken out ? Since your entry is within 20p of the day's low, in reality, the
biggest loss will be 20+1+spread, with 1 being 1p below day's low (up to now) ?

Also I'm sure u have already thought of the Day Open-Low and others as a gauge as
well. If for example, the Daily's statistical average of O-L=40p and current Day's O-L is
only less than half of that, even though your ClLo may be showing within 20p, would u
use the Daily or larger TF stats as further filter or confirmation ?

BTW, I haven't tested your method so I am just asking newbie question here rather
than being arrogant and pretending I know it all. I just want to know if you only care
about single time frame for your rat trades since you only post 5m charts mainly for
rat trades and you post 1H charts for 00-25-50-75 trades, or if you combine higher tf
data, since you also show the MM indicators, showing what other tf candles colours
are, which is cool!

Thanks!!
SD
Click to expand...

If I understand your questions correctly, yes, you can wait for a daily low to be taken out and a new daily low to be established. You can adjust the stop loss however you see fit. Timeframe does not matter. The daily low IS the DAILY LOW at the time and it is the same on all timeframes.
 
Dear TheRumpledOne,

I am new in forex market, but i did some research about you :)
I downloaded those indicators, my question is where can I find the rules for this 'never lose again' traging methond

Best regads,
Suba
 
TRO - The links you have on your first post no longer work.... I haven't had time to read the 1600+ posts here yet to see if you have other links, but will be looking!

Thanks for the information.

DJ
 
106zea1.gif


OPPORTUNITY... ClLo < 20

Let's clear things up:

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.
 
6s4dtx.gif


RESULT.

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."
 
djmastro said:
TRO - The links you have on your first post no longer work.... I haven't had time to read the 1600+ posts here yet to see if you have other links, but will be looking!

Thanks for the information.

DJ
Click to expand...

Yes, BabyPips decided to block my thread on their forum.
 
ab4hva.gif


OPPORTUNITY... ClLo < 20...

Let's clear things up:

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.
 
302qbzd.gif


RESULT.

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."
 
2pq5o4y.gif


OPPORTUNITY... ClLo < 20

Let's clear things up:

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.
 
k49uaa.gif


RESULT.

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."
 
Hi Tro.......

I have all your indicators/templates, but I'm having trouble finding which template your using in the above trades showing all currencies (clop hicl clLO) and the 20 pip zone.

thx
 
k49uaa.gif


RESULT.

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."
 
21l4dv9.gif


OPPORTUNITY... ClLo < 20

Let's clear things up:

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.
 
Dear Traders
Is it possible to modify the macdDiverg. indicator, so automaticly generate alerte on every time frame, and every pair. So if I look at the 15M EUR/USD char, may I get alert if there is a divergen in 5M USD/JPY, or 1H, etc., Is it possible?
 
359fqki.gif


RESULT.

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."
 
w1wnjp.gif


OPPORTUNITY... ClLo < 20

Let's clear things up:

1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch.

2) The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

3) The TRAINING WHEELS only signals LONG trades ABOVE the weekly open and SHORT trades BELOW the weekly above. This bias keeps beginning traders, as well as experienced traders, out of trouble.
 
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