Never Lose Again!! TheRumpledOne

[moneybags 10]

TRO, can you tell me what indicator/meter/gauge you are using for post #649?

[TheRumpledOne 14]

 

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.

 

"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]

 

RESULTS.

[TheRumpledOne 14]

 

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.

 

"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]

 

RESULTS.

[TheRumpledOne 14]

 

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

[TheRumpledOne 14]

 

Price was leaving the daily low + 20 area, no need to wait any longer.

[farshidfa 10]

I tried hard to understand your methodology, but found absolutely nothing clear enough to follow.

[weed 10]

I tried hard to understand your methodology, but found absolutely nothing clear enough to follow.

 

mr TRO trades in a way that is almost like trading the shapiro effect

 

its simplicity is elegant, and mr TRO's trading style has evolved and changed as time goes on and as he evolves as a trader

 

at the beginning (of this or another thread) he would enter a trade at "psychological numbers" ending in 25 50 75 and 00 with the direction of the hourly and daily. he later added that the previous hour should be the opposite direction of the current one.

 

now he plays rat reversals

 

when price is within 20 pips of the high or low for the day mr TRO will fade the hi/lo on the break of the first candle that starts to fade

 

a) did i explain clearly

 

b) did i explain accurately

 

you can learn through explaining things so that's what i'm doing i don't claim to be a master of mr TROs ways, i just observe them and learn and have been able to apply his attitude to the market and this has made me more pips than ever

 

the problem is the human mind wants to complicate things

[weed 10]

I tried hard to understand your methodology, but found absolutely nothing clear enough to follow.

 

just read and re read

 

be sure to block out all the negativity that people shit all over mr TRO they cant handle the truth and this means all the more pips for us

[farshidfa 10]

Thanks Weed. I will read again.

[TheRumpledOne 14]

 

 

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.

 

"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]

 

Results.

[farshidfa 10]

You state price is within 20 pips of daily low?

Unless you are taking about yesterdays low , which is already established, how do you know what is todays low? Today's low will be determined when the day ends.

[weed 10]

You state price is within 20 pips of daily low?

Unless you are taking about yesterdays low , which is already established, how do you know what is todays low? Today's low will be determined when the day ends.

 

todays low = lowest price of the day

 

if price opened at 1.75 and traded down to 1.5, then 1.5 would be the low (as soon as it is made)

 

the lowes/highest price of the day is the rat zone (+/- 20 pips)

[farshidfa 10]

If I am trading Russel Index, It opens at 669 and 15 minute candle goes to a low of 665 and back up and close at 667, is 665 considered low of the day, and next green bar above 669 is a buy? confused?

[weed 10]

If I am trading Russel Index, It opens at 669 and 15 minute candle goes to a low of 665 and back up and close at 667, is 665 considered low of the day, and next green bar above 669 is a buy? confused?

 

i don't know how this is interpereted into other markets.

 

as far as i know mr TRO usually posts pictures of forex charts.

 

he also uses 5M candles not 15M

 

i don't know how you would use this, i guess you would use ticks but i would try some back testing before doing anything

 

mr TRO has posted many pictures check them out dog

[TheRumpledOne 14]

 

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

 

RED RAT REVERSAL - SHORT ENTRY CRITERIA:

 

1) GREEN CANDLE CLOSES

 

2) RED CANDLE CLOSES

 

3) PRICE TOUCHES LOW OF PREVIOUS RED CANDLE - ENTER SHORT.

 

STOP LOSS IS ALWAYS 10 PIPS.

[TheRumpledOne 14]

 

Price left the 20 pip rat zone before the rat reversal trigger... did you catch it?

[TheRumpledOne 14]

 

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

[TheRumpledOne 14]

 

Did you get in BEFORE price left the RAT ZONE?

 

Remember, TRADE WHAT YOU SEE...

 

If you SEE price reversing, then price IS reversing!

[weed 10]

went long at blue triangle, stopped out for 10 pip loss

 

then price took off

 

twas a beauty though, a slightly larger stop would have seen a nice one. alas there will be more

 

[TheRumpledOne 14]

 

 

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

[TheRumpledOne 14]

 

RESULTS.

[TheRumpledOne 14]

 

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