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Old Dec 28th, 2011, 09:44 AM   #145
TheRumpledOne
 
 
Join Date: Aug 2006
Location: Tucson, AZ
Posts: 699




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.
    Quote
Old Dec 30th, 2011, 08:34 AM   #146
TheRumpledOne
 
 
Join Date: Aug 2006
Location: Tucson, AZ
Posts: 699


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

1) Price within 20 pips of the CURRENT daily low (ClLo < 20) - that is OPPORTUNITY

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

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

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!


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

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

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

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 CURRENT daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
    Quote
Old Dec 30th, 2011, 08:39 AM   #147
MBC
 
 
Join Date: Nov 2011
Posts: 224
Daily low ?

Where does your day start and begin ?

How often is this method wrong ?

What is your personal Profit factor ?

Thanks!!


Quote:
Quote from TheRumpledOne:



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

1) Price within 20 pips of the CURRENT daily low (ClLo < 20) - that is OPPORTUNITY

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

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

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

Trading is GUESSING. If it wasn't, you wouldn't need a STOP LOSS.

THINK ABOUT IT!!


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

MAXIMUM RISK = 2% * ACCOUNT BALANCE.

STOP LOSS = 10 PIPS. (INCLUDING SPREAD)

POSITION SIZE = RISK / STOP LOSS.

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

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 CURRENT daily high/low" is the BEST possible entry to get the maximum run BUT the RAT REVERSAL entry works ANYWHERE on the chart.

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

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
    Quote
Old Dec 30th, 2011, 01:22 PM   #148
TheRumpledOne
 
 
Join Date: Aug 2006
Location: Tucson, AZ
Posts: 699


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.
    Quote
Old Feb 4th, 2012, 09:36 PM   #149
Eight
 
 
Join Date: Mar 2009
Posts: 3,580
This thread is amazing!! A method of trading is clearly exposed. One can learn it, it requires no backtesting to see what the results are. It can be checked out with just five minutes of quality time with a chart... and the upshot is:

People respond with insults and demands!!
    Quote
Old Feb 4th, 2012, 09:47 PM   #150
tenthousandmen
 
 
Join Date: Dec 2011
Location: Silicon Valley California, St. Petersberg Florida, Sydney Austrailia
Posts: 728
TRO, great to see you're having fun.

Do you have tangible backtest results? What is your sharpe?
    Quote
 
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