Highest Open / Lowest Open Trade

I actually only open one trade at a time. I think I am just trying to watch to many pairs.

Dude, the indicator was faulty.
No claim was made about the indicator altering the strategy.
I will respond to post in threads started by me as I see fit.
Perhaps my post struck a nerve

And when you take your eyes off one pair, you miss the entry on that pair.

First 10 days, focus on 1 pair.
If you were successful by the end of the 10 days, then, and only then, attempt to watch 2 pairs.

I swear, as soon as you said that, I missed the entry.

Textbook.

Textbook.

Let's dance.

wannalearn12, what does BE+1 mean?

Either post STOP MOVED BE+1 or STOPPED OUT BE+1.
Please be clear.
That way, no confusion.
Thank you.

It was your own

Stopped BE+ 10 points

THE RAT ZONE

THE RAT ZONE has been mentioned.

Today's highest H1 open is outside of THE RAT ZONE (pink shaded area).


This is what google finds when searching THE RAT ZONE:

"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."


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.

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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/appl ... index.html

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

"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."

Highest Open / Lowest Open Trade is not THE RAT ZONE.

took out half at 10 pips letting the rest ride. Stopped out the rest BE+5 (I know I know only look at one trade my main pair is out of service atm so watching)

11:30amUSD
Fed Chair Yellen Speaks Red news

Swingman gave his permission to share his indicator here.
The indicator and template are attached.
Please use them.
Thank you.

<3 My fullest thanks.

11:30 am EST!!