Quoting blewmoonDislikedI've tried that a few time and it keeps saying "wrong password"Ignored
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
SRDC Episode I 1,331 replies
SRDC II Channel of the day 74 replies
Discussion on Indicators pertaining SRDC 62 replies
SRDC II Journal for All 11 replies
SRDC II Charts posting and discussion pertaining to it 37 replies
Quoting blewmoonDislikedI've tried that a few time and it keeps saying "wrong password"Ignored
Quoting 29340Dislikedi cant figure out how to get in the chat... Why is there no host name associated with the ip address?Ignored
this is for anyone that may still be scratching their head... lol
http://www.goteamspeak.com/index.php?page=downloads
Quoting behofDislikedHi Orange !
First of all thank you very much for giving us the chance to have a
first look at your galaxy ;-))
Since the beginning of SRDC Method part I one could have difficulties in following the core thoughts of your trading method.
Especially since the start of SRDC part II where you introduced the
SHI channel the general discussion lost focus in my opinion.
I totally agree that it would be to much information to present
SRDC I to IV in one bunch
I know that your trading team generates hundreds of Pips every trading
day. ( You mentioned it earlier in another thread )
So to digest your view on grabbing the pips like a true jedi we need
practice practice practice......
Therefore discussing actual charts using the complete SRDC should
be a major goal from this discussion.
As a byproduct an EA and a traded demo account could take place.
It's just my 2 cents but I hope once a day you and your princess
invite us to visit the new jedi castle which was built from millions
of Pips of the community ;-))
Carry on Orange and let us fulfill the goal...
Happy Pippin
BernhardIgnored
Quoting traderlismissDislikedTeacher OrangeRoshan,
You tell us when you are going to be there and we will all find time to come listen. The room is open 24/7 for all to come.
JadetIgnored
Quoting cgldsmthDislikedOrange - you teach that we should take the opposite trade to the weekend candle when monday's candle starts to form at 00GMT. Will this still apply today when GBPUSD has already surged to 1.9825?
the whole world and his wife is GBP bull, do we still take the contrarian trend in this but with a small TP (5 pips)?
I noticed tonight that IBFX have started trading at 2300GMT. Presumably their new candle will start at 0000 and I will take the opposite of this small (bull) candle of only an hours duration. made 20 pips on it anyway.Ignored
Quoting OrangeRoshanDislikedMy Jedi Coffe is almost ready...... will be in that galaxy in few minutes from now. I hope no Imperial spies follow us here...Ignored
Quoting AL4715DislikedHi Orange,
Based on what you said about the daily Price Revesal from Sunday to Monday, I did a quick analysis on GBPUSD and here is a summary of the results.
It shows that from Nov 05 to Oct 06, there were 48 weeks where both Sun & Mon data were present (maybe either Sun or Monday data were missing due to Market Closing on Holidays?!).
Out of 48 weeks, 30 of the Mondays reversed from Sunday or 63%. And the Total Net Gained on PIPs were 668 or monthly average of 56.
I tried to apply 50 or 100 TS on Mondays but weren't able to do on the Excel because the even some of the reversing days have 50 or 100 pip on the direction of Sunday (couldnt tell if the reversing days would be profitable or SL first)
I've attaced a simple Excel file that I used to calculate.
Thanks for all your work.
AlIgnored
Quoting OrangeRoshanDislikedShould have trust the force cgldsmith. It went down more than 5pips.
even GBP is on a bullride, but the candle opened at the top (near top channel), so it is most probable, that it will fall 1st when it want to continue the bullrun. The reversal theory happens today, and a good defensive trading (move SL to breakeven/Trail, when the candles is near the Median) will catch at least more than 25pips (Fibo 61.8) But, when it doesnt, pips and pips and more pips is what you will be getting.
I hope that pipsIgnored
Quoting Bom-BomDislikedOrange Roshan, nice theory you gave. In my interbankdemo, today's open candle at 1.9817. This is my first inverted candle trades and I've got my 50 pips today when it hit 1.9767. It does work !! (I use 50 pips target as the price action analysis gave me that view, I think I'll make the target flexible as price action analysis, it will not be fixed at 50).
I'll see again that trade on next week!!!
And your SRDC I, its 5 pips target does give me 40% ROI in my investment (with a bit of money management of course). This 5 pips target does satisfied me at all. It's better than 0, even better than minus (-) trade !!!! I'll compound the trade for next month.
Sorry I forgot, the SRDC 1 also being hit today, I use the lowest sunday candle at 1.9779 - 1 = Sell at 1.9778, target at 1.9768, it was hit also today. Nice pips!!!!
Nice to see u and your theory here MASTER JEDI !!!!
Regards!Ignored
Quoting cgldsmthDislikedcould you elaborate on your SRDC trade. the low point on my weekend candle from IBFX was 1.9614!Ignored