NEVER LOSE AGAIN!! TheRumpledOne

[todd960960]

Thx for the reply anyway............not surprised.

 

[TheRumpledOne]

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."

 

[TheRumpledOne]

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

There is no template for the gauge showing clop, hicl and cllo. Just put the indicator on any chart.

The other template is RAT SIMPLE.

TRO_RAT_ZONE will plot the rat zone. You can also use TRO_TRADELINES_ohlm to plot the rat zone along with other lines / zones.

 

[TheRumpledOne]

could you number the candles ie. where you went long?
Thanks

The candles with the green arrows indicate the long green rat reversal entries.

 

[TheRumpledOne]

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.

 

[TheRumpledOne]

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."

 

[TheRumpledOne]

OPPORTUNITY... ClLo < 20

 

[TheRumpledOne]

OPPORTUNITY... ClLo < 20

 

[TheRumpledOne]

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."

 

[TheRumpledOne]

OPPORTUNITY... ClLo < 20

 

[TheRumpledOne]

RESULT.

 

[TheRumpledOne]

OPPORTUNITY... ClLo < 20

 

[TheRumpledOne]

RESULT.

 

[bedsit]

Hi Rumpled,
just checked your thread for the first time. What system do you use and what is the meaning behind various recommendations (like a rat zone etc) May appear that I'm a bit lazy to read through all the thread, but there are so many pages. Is there are particular page that explains it nicely?
Thanks

 

[TheRumpledOne]

Hi Rumpled,
just checked your thread for the first time. What system do you use and what is the meaning behind various recommendations (like a rat zone etc) May appear that I'm a bit lazy to read through all the thread, but there are so many pages. Is there are particular page that explains it nicely?
Thanks

I have posted the RAT REVERSAL ENTRY rules many times.

GREEN RAT REVERSAL

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."


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.


RED RAT REVERSAL - SHORT ENTRY CRITERIA: 1) GREEN CANDLE CLOSES 2) RED CANDLE CLOSES 3) PRICE TOUCHES LOW OF PREVIOUS RED CANDLE - ENTER SHORT. STOP LOSS IS ALWAYS 10 PIPS.

 

[trader118]

On the chart above there was two other red close green close why did you take the
third one and miss the others out

trader 118

 

[TheRumpledOne]

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."


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.


RED RAT REVERSAL - SHORT ENTRY CRITERIA: 1) GREEN CANDLE CLOSES 2) RED CANDLE CLOSES 3) PRICE TOUCHES LOW OF PREVIOUS RED CANDLE - ENTER SHORT. STOP LOSS IS ALWAYS 10 PIPS.

 

[TheRumpledOne]

On the chart above there was two other red close green close why did you take the
third one and miss the others out

trader 118

Each green arrow is a RAT REVERSAL entry. The line shows the last one.

 

[trader118]

I see and they all won thanks for that

trader 118

 

[911=falseflagblackop]

I like the rererence to skull & bones in this indicator!