TheRumpledOne

OPPORTUNITY...

Remember what H. Rearden said: Now, 2 patterns of market behaviour 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)

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OPPORTUNITY...

The low of the day is where the low of the day is when you are trading. Yes, you enter at the high of the first green candle if you are a green rat.

Here's your "heads up" to the 2010 Pirate Gathering. You have plenty of time to DRAIN THE BANKS to pay for the trip. Michal Kreslik and yours truly will be there. Stay tuned for more details.

RESULT.

DRAIN THE BANKS - LIKE A RAT 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. 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.

SUCCESS LEAVES CLUES.

RESULTS. How many times do you have to see something to believe it? I show you the OPPORTUNITY when it is there. All charts timestamped. I have posted the entry rules. I post the results. What else is there?

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WAITING FOR OPPORTUNITY...

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Yes, there are many ways to DRAIN THE BANKS! But rats ALWAYS trade in one direction. They are not fooled by ambiguous concepts like trend, support, resistance, etc.... RATS ALWAYS TURN LEFT! Are there simple, step-by-step rules for executing a trade in that thread? Do you go by daedalus on forexfactory, too?

Pollute? Please tell us where you post your trade setups and results. It sounds like you have something better to offer.

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