Never Lose Again!! TheRumpledOne

[TheRumpledOne 14]

 

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

 

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.

[TheRumpledOne 14]

 

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

 

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.

[cfrn 10]

Avery,

Thanks again for being on the show way back in 2006/2007. All your concepts revolve around one thing. You've generously created many indicators in an attempt to graphically display that one thing because different people learn in different ways.

 

If it could simply be explained I believe we both would have done so long ago.

 

You have to "see it" to believe it. You have to "believe it" to own it. You have to "own it" to profit from it.

 

Honestly....... it took a couple of years for it to reveal itself but now I can apply it to literally any market or any time frame. Thank you.

 

I don't use the indicators but I do use the "thing" every single trade and I am forever indebted to you and would love to have you back on the program again.

 

Happy Thanksgiving My Friend!

[TheRumpledOne 14]

Avery,

Thanks again for being on the show way back in 2006/2007. All your concepts revolve around one thing. You've generously created many indicators in an attempt to graphically display that one thing because different people learn in different ways.

 

If it could simply be explained I believe we both would have done so long ago.

 

You have to "see it" to believe it. You have to "believe it" to own it. You have to "own it" to profit from it.

 

Honestly....... it took a couple of years for it to reveal itself but now I can apply it to literally any market or any time frame. Thank you.

 

I don't use the indicators but I do use the "thing" every single trade and I am forever indebted to you and would love to have you back on the program again.

 

Happy Thanksgiving My Friend!

 

Just let me know when you want me on your show again.

 

Please post what you SEE in your own words so it may help others to see.

[phantom 16]

The RAT REVERSAL is only one entry method.

 

Did you get the rattail from my thread???

[TheRumpledOne 14]

 

"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.

[TheRumpledOne 14]

 

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

 

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.

[cfrn 10]

Just let me know when you want me on your show again.

 

Please post what you SEE in your own words so it may help others to see.

 

I saw the straight line. I remember asking you exactly where to put the horizontal line and your answer changed everything.

 

You said, "It doesn't matter".

 

The scales fell from my eyes as I fell out of my chair.

 

Next month the guy who wrote "A Random Walk Down Wall Street" will be on when his new release hits bookstore shelves. Want to be a part of that discussion?

 

Let me know...

 

Happy Holidays!

[TheRumpledOne 14]

 

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

 

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.

[TheRumpledOne 14]

 

The gray dots on the candles are at 20 pips above the daily low and 20 pips below the daily high. Easy for a "rat" to see when price has retraced off the daily high/low by more than 20 pips.

[TheRumpledOne 14]

 

 

 

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.

[TheRumpledOne 14]

 

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

 

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.

[TRADEZILLA 10]

The RumpledOne,

In many ways I agree with your thesis in the way you approach trading as long as you have a definable edge in your directional bias. Do you have one? I'd like to hear it.

Thx,

TZ

[cfrn 10]

That IS the definable edge.

[TRADEZILLA 10]

All I see is levels. How do you know which side of the level have the better odds? I have not read through every post but from the earlier posts, it appears that the thesis is that there are many simple ways to get your levels to trade off, but which side should I be trading from? Is that discretional?

 

That IS the definable edge.

[TRADEZILLA 10]

My apologies, I got it after reading more.. actually I think that method will probably perform as well as any out there and probably better than many due to the locations chosen to initiate when it comes to forex. I think my edge is bigger on ES but never had a good handle on forex.. wish I did..

 

All I see is levels. How do you know which side of the level have the better odds? I have not read through every post but from the earlier posts, it appears that the thesis is that there are many simple ways to get your levels to trade off, but which side should I be trading from? Is that discretional?

[TheRumpledOne 14]

 

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.

[TheRumpledOne 14]

The RumpledOne,

In many ways I agree with your thesis in the way you approach trading as long as you have a definable edge in your directional bias. Do you have one? I'd like to hear it.

Thx,

TZ

 

Did you see the frequency distribution of the daily candle wicks on the same page as your post? That's the "edge"

[TheRumpledOne 14]

 

Homework for the weekend:

 

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

[TheRumpledOne 14]

 

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

 

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.

[TheRumpledOne 14]

 

"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.

[TheRumpledOne 14]

 

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

 

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.

[TheRumpledOne 14]

 

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.

[TheRumpledOne 14]

 

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.

[TheRumpledOne 14]

 

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

 

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.