NEVER LOSE AGAIN!! TheRumpledOne

chetanbang said:
hey, i pm'd you but did'nt get reply. can you share your interview with the cfrn radio you did back in 2007/08 and other audio interviews. i tried finding on the net but the link was broken.
Click to expand...

If I did that here, that would probably result in my getting banned.

You'll have to look harder... or smarter!!
 
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Homework for the weekend:

Q) What clue does the frequency distribution for the weekly candle wicks give you?
 
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<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
Sorry, but I can't use PMs to do that... I could get banned.

For some reason, I am held to higher standards so I must obey all forum rules both written and unwritten.
 
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"Look, for example, at this elegant little experiment. A rat was put in a T-shaped maze with a few morsels of food placed on either the far right or left side of the enclosure. The placement of the food is randomly determined, but the dice is rigged: over the long run, the food was placed on the left side sixty per cent of the time. How did the rat respond? It quickly realized that the left side was more rewarding. As a result, it always went to the left, which resulted in a sixty percent success rate. The rat didn't strive for perfection. It didn't search for a Unified Theory of the T-shaped maze, or try to decipher the disorder. Instead, it accepted the inherent uncertainty of the reward and learned to settle for the best possible alternative.

The experiment was then repeated with Yale undergraduates. Unlike the rat, their swollen brains stubbornly searched for the elusive pattern that determined the placement of the reward. They made predictions and then tried to learn from their prediction errors. The problem was that there was nothing to predict: the randomness was real. Because the students refused to settle for a 60 percent success rate, they ended up with a 52 percent success rate. Although most of the students were convinced they were making progress towards identifying the underlying algorithm, they were actually being outsmarted by a rat."

P64 HOW WE DECIDE (italics added)

========================= ====================

"Now, 2 patterns of market behavior 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)

They happen regardless of time frame (with the obvious limitations explained above)

They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H. Rearden

=============================================

1) Price within 20 pips of the daily low (ClLo < 20): This is OPPORTUNITY

============================================

WHY ISN'T EVERYBODY DOING IT?

Most of you know I catch a lot of flak on my forums because SOME PEOPLE don't like the way I post.

One worn out argument that is used repeatedly is, "If this is so (simple, great, profitable, ), then why isn't everybody doing it?"

Simple answer is because SOYLENT GREEN is people!

We all know exercise is great, but how many actually exercise?

We all know smoking is bad, but how many do it anyway?

We all know which foods are bad for our health, but how many eat those foods?

We all know that we should save for our future and spend less than we earn but who does that?

The list is almost endless.

As long as there are people, there will always be some STUPID people and some smart people making STUPID decisions, where STUPID is defined as knowing better but acting otherwise.

Meanwhile, the RATS are still beating the Yale students.

=============================================

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
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<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
I don't make YouTube videos of trading at this time.

Feel free to ask specific questions.

You'll notice the posts repeat themselves. Profitable trading is repeatable.
 
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1) Price within 20 pips of the daily low (ClLo < 20): This is OPPORTUNITY

========================= ===================

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
34r9m9y.gif


1) Price within 20 pips of the daily low (ClLo < 20): This is OPPORTUNITY

========================= ===================

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
Pipsaholic said:
I just find your method confusing.
Click to expand...


What is confusing about this?


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.

7) If the rules do not mention it, then it is of no concern.
 
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<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
11jt1c4.gif


1) Price within 20 pips of the daily low (ClLo < 20): This is OPPORTUNITY

========================= ===================

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
So what exactly do i download and what am i downloading?

Those links on your original post don't seem to work.

I'd love to give your methods a go, and think it's great how much effort you're putting in to assist people.

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

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
qzhxyh.gif


<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.
<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
34nmqt4.gif



<-------------------------------------------------------------------->

The important part is to enter WITHIN 20 pips of the daily low. The RAT REVERSAL is only one entry method.

<-------------------------------------------------------------------->

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
Mr. TRO,
I am new to FOREX trading and have been studying it for a little over one month. I have DEMO traded by your RAT REVERSAL method the last two days. I'm able to trade 9am to noon EST. On 1/27/11 I was able to get 27 PIPs that included a trade that I totally botched that cost me over 10 PIPs based solely my ineptitude. On 1/28/11 I lost 138 PIPs. I'm not so naive to believe that any system will produce gains every day but do you have any guidance for the market conditions that existed on 1/28/11? The charts that you listed for 1/28/11 are from the H1 where many of your previous charts have been from M5. On 1/28/11 around 9am the M5 charts for EURUSD, GBPUSD, USDCHF and USDCAD indicated action but the markets preceded to pretty much go flat or trended very slowly mostly the wrong way. When the chart continues to read buy/sell for a day when do you say enough is enough?

Up 15 PIPs for the day.
 
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