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Time frame or chart period does not matter... THE PRICE IS THE SAME ON ALL CHARTS!!

Green Rats get ready...

Hi MadMonk: If the sell short trades were entered within 20 pips of the current daily high, then they are valid Red Rat trades. 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.

More cheese for the green rat.

Price made another new low for the day.

<--------------------------------------------------------------------> 1) Price within 20 pips of the daily low (ClLo < 20) - that is OPPORTUNITY <--------------------------------------------------------------------> The important part is to enter WITHIN 20 pips of the daily low. The...

Price was within 20 pips of the current daily low and then moved higher.

Waiting for price to make a new daily low or to get within 20 pips of the current daily low.

Lifting weights is simple. Lifting 5 lbs is easy for most people. Lifting 50 lbs is doable by most. Lifting 500 lbs is beyond the capacity of most people.

Waiting....

Never said trading was EASY. But I have said trading is SIMPLE. Thanks for posting. P.S. What method do you use?

More cheese for the green rats!

More cheese for the green rats.

The "within 20 pips of the daily high/low" is the BEST possible entry to get the maximum run.

"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...

More cheese.

Price is 26 pips above the current daily low.

The pattern repeats...

Price 40 pips above current daily low.

<--------------------------------------------------------------------> 1) Price within 20 pips of the daily low (ClLo < 20) - that is OPPORTUNITY <--------------------------------------------------------------------> PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING...