Never Lose Again!! TheRumpledOne

[flyingdutchmen 10]

Newbies have to get their asses kicked.........its part of the game....you either figure it out or you don't. At some point you realize that this game is exactly like counting card while playing blackjack or you come to the conclusion that you will never win.

 

Calling Avery irresponsible is misguided. You just think he should be feeding people pips.....

 

you know its funny, most other professions, hobbies, sports, etc pros are willing to give back.

 

god forbid if you help your fellow rookie out. oh but you suffered so much in the 10 years it took u to make money.

Therefore, everyone else should suffer like u did, right ?

wrong !

how do we grow as a society with these selfish pricks we call capitals running the show

[TheRumpledOne 14]

 

Notice the numbers in the ClLo ( close - low ) column.

 

Subtract 20 from the number.

 

The result is the potential profit of the RAT REVERSAL trade off the daily low.

 

If the number is 20 or less then it is RED. That means it is a candidate for a RAT REVERSAL trade.

[TheRumpledOne 14]

 

You really do NOT need any indicators.

 

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.

 

TAKE PROFIT WHEN YOU CAN.

 

 

 

Notice the numbers in the ClLo ( close - low ) column.

 

Subtract 20 from the number.

 

The result is the potential profit of the RAT REVERSAL trade off the daily low.

 

[TheRumpledOne 14]

 

 

1) price within 20 pips of the daily low - that is OPPORTUNITY

 

 

 

 

2) red candle closes

 

 

 

 

2) red candle closes

 

 

 

 

2) red candle closes

 

Trading is waiting... you must learn to wait for you entry trigger.

 

 

 

3) green candle closes - note the high price of the green candle.

 

4) enter long at the green candle's high price

 

 

 

 

4) enter long at the green candle's high price

 

5) STOP LOSS IS 10 PIPS

 

6) Take whatever profit you can.

 

 

 

 

You could have made 10 or more pips for a 2% gain.

 

 

"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 14]

 

DRAIN THE BANKS REV 9 IS NOW AVAILABLE.

 

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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If price is NOT making a new high then it must be reversing from the high.

 

If price is NOT making a new low then it must be reversing from the low.

 

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

 

"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

 

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This is a simple method that, when applied properly ( and don't load up the charts with SQUIGGLY'S ), will enable you to NEVER LOSE AGAIN!

 

1) Only trade if there is a 1, 2 or 3 semafor on the current or previous H1, H4 or D1 candle. NO EXCEPTIONS.

 

2) After you see the semafor on the chart, look at the chart for the long(indigo) and short(magenta) triggers based on TRO RAT ZONE indicator.

 

3) When price touches the trigger you enter. DON'T THINK, JUST ACT!

 

4) STOP LOSS IS 10 PIPS

 

5) If price went against you and makes a new daily high or daily low, get ready to enter at the trigger. If you can't see how this works, then DO NOT TRADE IT.

 

6) What's the TAKE PROFIT? You take what you can.

 

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DRAIN THE BANKS REV 9 exploits the fact that the size of the daily wicks is usually greater than 20 pips based on the frequency distribution of wick sizes.

 

You can see the frequency distribution in the above chart shows, for the last 100 days, wick length of 20 pips or more occurred over 66% of the time.

 

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The best trading opportunity is right after a new high or low has been made. That is when you should begin trading rat reversals. Price does NOT have to be in the "rat zone" to enter a trade.

 

GREEN RAT REVERSAL TRADE - ANY CHART PERIOD

 

1) price within 20 pips of the daily low - that is OPPORTUNITY

 

2) red/black candle closes

 

3) green/white candle closes - note the high price of the green/white candle

 

4) enter long at the green/white candle's high price

 

5) STOP LOSS IS 10 PIPS

 

6) Take whatever profit you can.

 

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

 

RED RAT REVERSAL TRADE - ANY CHART PERIOD

 

1) price within 20 pips of the daily high - that is OPPORTUNITY

 

2) green/white candle closes

 

3) red/black candle closes - note the low price of the red/black candle

 

4) enter short at the red/black candle's low price

 

5) STOP LOSS IS 10 PIPS

 

6) Take whatever profit you can.

 

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

 

You are either a RED RAT, a GREEN RAT or a YALE STUDENT. If you do not understand the reason you can not be both a red rat and a green rat then you are YALE MATERIAL:

 

http://www.yale.edu/admit/freshmen/application/index.html

 

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"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."

 

Try these methods using a micro lot or 0.1 mini lot. Trade it this way until you feel comfortable and are profitable on a consistent basis. Just trade it, AS IS, and don't add anything to it to improve it. You'll be amazed at how profitable a simple method can be.

 

Many traders will say this "is not a system" because there is no set take profit. They also say to "cut losses quick and let profits run" which is in direct contradiction of having a set take profit. No wonder 95% of traders lose - they follow traditional trading education!

 

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[TheRumpledOne 14]

More information about THE RAT:

 

Language Log: Rats beat Yalies: Doing better by getting less information?

[TheRumpledOne 14]

 

OPPORTUNITY

[TheRumpledOne 14]

 

RESULTS

[TheRumpledOne 14]

THIS IS WAY TOO FUNNY!!

 

RATTRADERS (rattraders)

[mikael 10]

Hi, Rumpled One.

 

It's nice to read All your post, and strategy. I love it very much. Now I understand how price really act to support resistant or "Gold spot". I understand Why the 1H is so important to entry position and etc. One question from me. To the entry, what is your prefer, to the last SR or Gold spot, or even Fibonacci ratio. Is it all the same ? or any suggestion from you ?

 

I really enjoy your posting, keep it posting, so I can learn much from you.

 

Best Regards

Ali.

[TheRumpledOne 14]

[TheRumpledOne 14]

 

OPPORTUNITY...

[TheRumpledOne 14]

[TheRumpledOne 14]

 

OPPORTUNITY...

[traderdrew 10]

The rats will probably outperform humans and maybe even the monkeys.

Edited November 19, 2009 by traderdrew
I'm attempting to specify the post I am responding to.

[TheRumpledOne 14]

[TheRumpledOne 14]

 

OPPORTUNITY...

[TheRumpledOne 14]

 

RESULTS

[TheRumpledOne 14]

 

OPPORTUNITY...

 

 

RESULTS

[TheRumpledOne 14]

 

OPPORTUNITY...

[traderdrew 10]

Hello,

 

I have received two emails from you responding to my post. To be honest Rumpled One, I do not understand your spread sheets. To me they look like long and short positions in the Forex markets. I have never traded the Forex. What do CLOP, HICL and ClLO mean? Close Open, High Close, Close Low? And there is D1 and Pips.

[TheRumpledOne 14]

 

RESULTS

[TheRumpledOne 14]

 

 

YOUR MONEY AND YOUR BRAIN: How The New Science Of Neuroeconomics Can Help Make You Rich

By Jason Zweig

[TheRumpledOne 14]

 

OPPORTUNITY...

[TheRumpledOne 14]

 

YOUR MONEY AND YOUR BRAIN: How The New Science Of Neuroeconomics Can Help Make You Rich

By Jason Zweig