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SRDC Episode II

  • #461
  • Dec 3, 2006 7:06pm Dec 3, 2006 7:06pm
Quoting blewmoon
I've tried that a few time and it keeps saying "wrong password"
Just tried it and got back in.
  • #462
  • Dec 3, 2006 7:06pm Dec 3, 2006 7:06pm
i cant figure out how to get in the chat... Why is there no host name associated with the ip address?




Quoting traderlismiss
I have had some PM's from people trying get in.


Sign in with FF nickname, address is 24.163.41.56 and password getpips.

Good discussion going now!
  • #463
  • Dec 3, 2006 7:14pm Dec 3, 2006 7:14pm
Quoting 29340
i cant figure out how to get in the chat... Why is there no host name associated with the ip address?
Open Teamspeak, Go to connect, quickconnect....set address I gave you, nickname and password and you should be in.
  • #464
  • Edited 7:46pm Dec 3, 2006 7:21pm | Edited 7:46pm

this is for anyone that may still be scratching their head... lol




http://www.goteamspeak.com/index.php?page=downloads

  • #465
  • Dec 3, 2006 7:53pm Dec 3, 2006 7:53pm
Thanks to all of you for participating in teamspeak. It is great. Especially thanks to TraderBill and Rojam for their discussions.

To those new to teamspeak, once you are in, please go into your settings, then sound input/output and choose "push to talk" then set any key you like to key your mic. This eliminates the echo.

Thanks so much and keep up the great discussion.
  • #466
  • Dec 3, 2006 8:19pm Dec 3, 2006 8:19pm
Quoting OrangeRoshan
Can an EA be taught to read certain format of instruction from email and process them.
No problem.
Target: Trading naked.
  • #467
  • Dec 4, 2006 12:11am Dec 4, 2006 12:11am
Hi 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.

Al
Attached File(s)
File Type: zip GBPUSD_SUN_MON_REVERSE.zip   29 KB | 465 downloads
  • #468
  • Dec 4, 2006 12:45am Dec 4, 2006 12:45am
Quoting behof
Hi 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

Bernhard
You are certainly Welcome. We cannot let the Dark force to rule the galaxy. The force is strong with you.

Use the force, Berndard... use the force...
Change Your Thinking. Change Your Life - JD
  • #469
  • Dec 4, 2006 12:47am Dec 4, 2006 12:47am
Quoting traderlismiss
Teacher 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.

Jadet
My Jedi Coffe is almost ready...... will be in that galaxy in few minutes from now. I hope no Imperial spies follow us here...
Change Your Thinking. Change Your Life - JD
  • #470
  • Dec 4, 2006 12:53am Dec 4, 2006 12:53am
Quoting cgldsmth
Orange - 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.
Should 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 pips
Change Your Thinking. Change Your Life - JD
  • #471
  • Dec 4, 2006 12:54am Dec 4, 2006 12:54am
Quoting OrangeRoshan
My Jedi Coffe is almost ready...... will be in that galaxy in few minutes from now. I hope no Imperial spies follow us here...
Looking forward to hear form you Orange. We're live right now.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #472
  • Dec 4, 2006 12:55am Dec 4, 2006 12:55am
Master Roshan

Could you check my chart please? I am working at seeing the channels better.

Thanks, Dan
Attached Image
  • #473
  • Edited 1:06am Dec 4, 2006 1:00am | Edited 1:06am
Orange 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!
  • #474
  • Dec 4, 2006 1:02am Dec 4, 2006 1:02am
Quoting AL4715
Hi 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.

Al
Based on 2:1 win/loss ratio.

30 x 100 = 3000 pips
18 x 50 = 900 pips
Total = 2100 pips (+)

2100/48 = 43 pips x 4 weeks = 172 pips a month

Imagine with 3:1 win\loss ratio which is usually the case.
Change Your Thinking. Change Your Life - JD
  • #475
  • Dec 4, 2006 1:53am Dec 4, 2006 1:53am
did the reversal, got the pips! Cheers!!

Quoting OrangeRoshan
Should 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 pips
TRADE FOR SWAP
  • #476
  • Dec 4, 2006 2:00am Dec 4, 2006 2:00am
could you elaborate on your SRDC trade. the low point on my weekend candle from IBFX was 1.9614!

Quoting Bom-Bom
Orange 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!
TRADE FOR SWAP
  • #477
  • Dec 4, 2006 2:21am Dec 4, 2006 2:21am
Quoting cgldsmth
could you elaborate on your SRDC trade. the low point on my weekend candle from IBFX was 1.9614!
This is what I saw on my interbank metatrader chart. I didn't use weekly candle, I used daily candle. The red line shows the low of Sunday's candle.

Nice trade. The cable is now moving on 1.9742 when i wrote this.

What a great trade! What a great set up it was !
Attached Image
  • #478
  • Dec 4, 2006 2:26am Dec 4, 2006 2:26am
is that a demo feed?

My IBFX live feed showed the follwing. Sunday candle low was 1.9810.
Attached Image
TRADE FOR SWAP
  • #479
  • Dec 4, 2006 2:29am Dec 4, 2006 2:29am
This is how it looks like

http://picnac.com/images/3281fibo3.gif
  • #480
  • Dec 4, 2006 2:39am Dec 4, 2006 2:39am
Quoting cgldsmth
is that a demo feed?

My IBFX live feed showed the follwing. Sunday candle low was 1.9810.
Yes..mine is demo, I don't know how they give different price for demo and live..maybe some one in this forum could explain it better
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