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Old 02-03-2010, 19:24   #151 (permalink)
DJT5028
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Yes I do. GBP/USD has Bounced Just below 1.5900

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Old 02-05-2010, 14:25   #152 (permalink)
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ClOp is Close - Open or how far up/down is the price from the open right now.

HiOp is High - Open or how far UP did price move away from the open today.

OpLo is Open - Low or how far DOWN did price move away from the open today.

Today is one for the record books.
<-------------------------------------------------------------------->


OPPORTUNITY...
<-------------------------------------------------------------------->


In this case, the M5 candle was green at low + 20. The GREEN RAT BUS was leaving the station.
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Old 02-09-2010, 13:42   #153 (permalink)
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OPPORTUNITY...
<-------------------------------------------------------------------->


RESULT
<-------------------------------------------------------------------->


RESULT.
<-------------------------------------------------------------------->


ENCORE PERFORMANCE.
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Old 02-10-2010, 13:07   #154 (permalink)
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And again...
<-------------------------------------------------------------------->


OPPORTUNITY...
<-------------------------------------------------------------------->


RESULT.
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Old 02-12-2010, 14:42   #155 (permalink)
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OPPORTUNITY...
<-------------------------------------------------------------------->


RESULT.
<-------------------------------------------------------------------->


OPPORTUNITY...
<-------------------------------------------------------------------->


Results.
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Old 02-12-2010, 16:10   #156 (permalink)
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Post REASON

Why They Deleted Any Specific Reason
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Old 02-15-2010, 12:51   #157 (permalink)
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Quote:
Originally Posted by sachin55555 View Post
Why They Deleted Any Specific Reason
Was your post OFF TOPIC?
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Old 02-15-2010, 17:54   #158 (permalink)
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Default EA

Hello TRO......
I'd like to ask you a question without being naive....
Since, as you have said, you are a computer programmer and you have already have programmed many EA why don't you create and Robot that uses this method that you describe and give it to the public???
Is this possible to be done???
Is it possible to recognize an opportunity and make a trade??

Thanks

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Old 02-17-2010, 12:22   #159 (permalink)
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Opportunity....


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.
<-------------------------------------------------------------------->
Quote:
Originally Posted by fxtrader777 View Post
Hello TRO......
I'd like to ask you a question without being naive....
Since, as you have said, you are a computer programmer and you have already have programmed many EA why don't you create and Robot that uses this method that you describe and give it to the public???
Is this possible to be done???
Is it possible to recognize an opportunity and make a trade??

Thanks
Actually, I do not code MT4 EAs.

There are many factors that have to be taken into consideration when programming for automatic trading.

But even if I did code EAs, I would NEVER give the code away because if something goes wrong, your account can be wiped out.
<-------------------------------------------------------------------->


RESULTS.

GREEN RAT REVERSAL - LONG ENTRY CRITERIA:
1) RED CANDLE CLOSES
2) GREEN CANDLE CLOSES
3) PRICE TOUCHES HIGH OF PREVIOUS GREEN CANDLE - ENTER LONG. STOP LOSS IS ALWAYS 10 PIPS.
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Old 02-18-2010, 13:02   #160 (permalink)
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<-------------------------------------------------------------------->


RESULTS.
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Old 02-25-2010, 13:17   #161 (permalink)
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The first 2 green rat reversals were losing entries.

Do you see a reason not to enter those trades?

Hints: There are at least 2 reasons. Use your eyes to see - do not think about it.
<-------------------------------------------------------------------->


RESULTS.

Reversals come in one of two flavors, "V" shaped or "U" shaped. This was a "U" shaped.
<-------------------------------------------------------------------->


OPPORTUNITY...
<-------------------------------------------------------------------->


RESULTS.
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Old 02-26-2010, 14:32   #162 (permalink)
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OPPORTUNITY...
<-------------------------------------------------------------------->


RESULTS.
<-------------------------------------------------------------------->


MORE RESULTS.
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Old 03-01-2010, 11:43   #163 (permalink)
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OPPORTUNITY...
<-------------------------------------------------------------------->


RESULTS.
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Old 03-02-2010, 04:20   #164 (permalink)
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Default ....

TRO, where can I find that gauge indicator that list all the pairs and shows ClOp, HiCl, ClLo? I can't seem to find it.

Thanks

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Old 03-04-2010, 16:26   #165 (permalink)
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OPPORTUNITY...
<-------------------------------------------------------------------->
Quote:
Originally Posted by criss73 View Post
TRO, where can I find that gauge indicator that list all the pairs and shows ClOp, HiCl, ClLo? I can't seem to find it.

Thanks
That's one of the donational indicators. You do NOT need it. It is handy to have to watch multiple pairs. The FREE TRO RANGE GAUGE indicator has the same information but for only one pair.
<-------------------------------------------------------------------->


RESULTS.
<-------------------------------------------------------------------->


OPPORTUNITY...
<-------------------------------------------------------------------->


RESULT.
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Old 03-10-2010, 10:35   #166 (permalink)
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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.
<-------------------------------------------------------------------->


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."
<-------------------------------------------------------------------->


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.
<-------------------------------------------------------------------->


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."
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Old 03-10-2010, 15:59   #167 (permalink)
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Default quick question

This is obviously an IB trade. The high of the IB was exceeded by the candle with the white arrow under it but the pair remained below the daily open so I would only look to go short. Does the fact that the high of the IB was breeched, invalidate taking a short position once the low of the IB was broken?
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Old 03-11-2010, 12:11   #168 (permalink)
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Quote:
Originally Posted by sniper012 View Post
This is obviously an IB trade. The high of the IB was exceeded by the candle with the white arrow under it but the pair remained below the daily open so I would only look to go short. Does the fact that the high of the IB was breeched, invalidate taking a short position once the low of the IB was broken?
This has nothing to do with INSIDE BARS. The rules have been posted many times.
<-------------------------------------------------------------------->


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.
<-------------------------------------------------------------------->


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."
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Old 03-11-2010, 12:41   #169 (permalink)
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I was actually talking about the chart that I had attached to my post being an obvious IB trade, not the examples that you have on this thread.
Quote:
Originally Posted by TheRumpledOne View Post
This has nothing to do with INSIDE BARS. The rules have been posted many times.
<-------------------------------------------------------------------->


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.
<-------------------------------------------------------------------->


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."
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Old 03-12-2010, 12:07   #170 (permalink)
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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.
<-------------------------------------------------------------------->


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."
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Old 03-13-2010, 15:07   #171 (permalink)
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What indicators are used on your charts and where can they be downloaded?

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Old 03-14-2010, 13:27   #172 (permalink)
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This thread bores me

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Old 03-16-2010, 12:11   #173 (permalink)
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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.
<-------------------------------------------------------------------->
Quote:
Originally Posted by DickP View Post
What indicators are used on your charts and where can they be downloaded?
Use your favorite search engine and look for "DRAIN THE BANKS". You'll find what you are looking for.
<-------------------------------------------------------------------->
Quote:
Originally Posted by McPott View Post
This thread bores me
Good trading is boring.
<-------------------------------------------------------------------->


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."
<-------------------------------------------------------------------->




Default


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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Old 03-16-2010, 15:23   #174 (permalink)
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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."
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Old 03-16-2010, 15:56   #175 (permalink)
AARP
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I would much rather trade like a Cheetah or a Liger... not a Rat...

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