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SRDC Episode II

  • #541
  • Dec 5, 2006 12:13pm Dec 5, 2006 12:13pm
Quoting raheel23
I thought it would be bullish but how come it go beyond LRC .. Roshan / Aha / Jedi please .. help with this one .totally confused ..
LOL, you just said the magic sentence,"IT GO BEYONG LRC"!!
This is a clear indication of momentum slowing down or TREND change.
You wouldnt know this when you dont have the channel.

Jedi Advice: Wait and see tomorrow or come Friday. I havent taught trading in Range Environment, only trending. Its best to trade when a trade is already forming.

May the pips be with You
Change Your Thinking. Change Your Life - JD
  • #542
  • Dec 5, 2006 12:24pm Dec 5, 2006 12:24pm
Orange,

Thanks for the channel trading tips...its great stuff and the sunday candle too... i'll keep track on the developments of this method. Fibo works great with it, pivots too! And the channel break away! Gosh i dun even have to think!
  • #543
  • Dec 5, 2006 12:34pm Dec 5, 2006 12:34pm
Teamspeak is back running after we updated the software. These changes were needed to accomodate the amount of users and the additions for the future.

Sorry for the inconvenience,

Teacher OrangeRosahn, we missed you this morning in Teamspeak and hope you will be joining us again soon. We are testing, learning and sometimes challenging your methods and we are all better traders as a result. Thank you again for allowing us to use this new resource to understand better what you are teaching us.

Jadet
  • #544
  • Dec 5, 2006 1:20pm Dec 5, 2006 1:20pm
Quoting OrangeRoshan
The RED is sell, BLUE buy and GREEN is TP.

Look at the charts!! Isnt it Pipastic!!

When you know how the Big boys think, its very easy. They got so much too lose compared to many. So they play by the rules. Breaking the rules will cost them their investor's money and eventually their reputation.

They play golf together, lunch, dinner. They went to the same club and they acted collectively. They play by a set of rules, that is dancing in the Trend!!

Althrough, News or fundamentals change trend, but most of the time, Trend is more powerful than news. But, should a trend is broken and a new wave of channel is forming, thats the time, when the really big boys told the big boys, "Hey, we are changing channel, wanna follow?'

They are the ones who made the TREND!!

Really Big Boys: Banks & Govt
Big Boys: Big Fund Manager
Boys: Jedis
Freshmen (who got bullied): Newbies who read a few books, run on demo a few years, and opened a mini account and think they know everything!!

Which one do you want to be???
OrangeRoshan, I must admit that the above post is the last one where I really felt I understood what was being taught. Since then, with the complete change in the channel and the addition of lots and lots of Fibo lines, I just don't feel I have a grip on this method at all.

I know you are a very busy fellow but could you, at some point, post a kind of summary of these many changes and a short explanation of quadrants, Fibo lines and why the channel is now 3 or 4 times as wide as it used to be?

I don't mean to be thick - I deeply hope I'm not the only one who is confused
Old Benjamin was right
  • #545
  • Dec 5, 2006 1:33pm Dec 5, 2006 1:33pm
Hi Lou,

I know how you feel and I have found that joining teamspeak and listening to experienced traders like Rojam has help me to keep up with all that is going on. OrangeRoshan is our mentor and Master but you may want to seek help from other at Teamspeak. You can participate by typing but you would be better off using a headphone with mike attachment.

Just a thought. We are all in training


Quoting Lou G
OrangeRoshan, I must admit that the above post is the last one where I really felt I understood what was being taught. Since then, with the complete change in the channel and the addition of lots and lots of Fibo lines, I just don't feel I have a grip on this method at all.

I know you are a very busy fellow but could you, at some point, post a kind of summary of these many changes and a short explanation of quadrants, Fibo lines and why the channel is now 3 or 4 times as wide as it used to be?

I don't mean to be thick - I deeply hope I'm not the only one who is confused
All 4 1 and 1 4 All
  • #546
  • Dec 5, 2006 2:32pm Dec 5, 2006 2:32pm
I really . love the SRDC Concept and hv been following it very close keen to learn n explore it to any step .. beyond .. pips even ... Master Roshan .. Thankz a Tonne ! .. your hv inspired me alot with this challengin concept of such a Volatile .Sentimental Forex .. Market .. ..

One Question .. ? lets say a News liek non-form payroll breaks out positive for USD what i am wondering is can i place a long entry order 15-20 pips ahead if it breaks positive ... or short order same 15-20 pips difference if it breaks negative so we know either way it will do .. how abt putting two such pending order one will be executed on news break resulting in a big .. spikes will not be less than 100 pips yea may be the pips with you ! ... all i wana knw is it possible if we can really try this without a risk i guess put ur tp liek 70 pips . from ur entry and get in and out quickly .. gaining profits .. news.. trading .. can be fun i guess.. but need to execute the entry just 2min before news break to get the momentum right for pending order execution ..

May be the pips with you ! ...


Happy Trading ..
  • #547
  • Dec 5, 2006 5:29pm Dec 5, 2006 5:29pm
Done.

http://www.forexfactory.com/forexfor...&postcount=581




Quoting aha
The trend detector of this indicator may not be very reliable during the trend reversal period (I guess that's even tough for an experienced trader). But I will implement the bull sell signals anyway, and improve the trend detector later.

A question though (For Orange):

Which bar will be the best bar to put an arrow on? The first bar close/open in a Q zone?

May the force be with you.
Target: Trading naked.
  • #548
  • Dec 5, 2006 5:38pm Dec 5, 2006 5:38pm
Hey Lietuve,

Can you tell me when you put the fibo channels on and why you put the fibo channel in a downward direction at the time (against the major trend)? Maybe I can incorporate your wisdom into the I-LRC indicator.

aha


[quote=lietuve]
Quoting aha
The trend detector of this indicator may not be very reliable during the trend reversal period (I guess that's even tough for an experienced trader). But I will implement the bull sell signals anyway, and improve the trend detector later.

Really not very reliable. Having lost some money make me think. (one might think that I don't think when I am happy...)

Maybe you wanna look at this. These are regular Fibo Channels I only attached two more levels to them. The chart is a mess, but you can see - they were more accurate. Our beloved "jedy" indicator is a little bit too late.

Just food for thought...
Target: Trading naked.
  • #549
  • Dec 5, 2006 5:44pm Dec 5, 2006 5:44pm
Quoting aha
Done.

http://www.forexfactory.com/forexfor...&postcount=581
Hay "AHA",

Good stuff there again. With regard to buy and sell arrows, big "O" says that on H1 the sell zone is Q1, buy Q4. Q1 being the top 2 lines and Q4 the bottom two lines. Also that this should be taken into account against the D1 top, median and bottom lines. This is my interpretation so maybe check with the "orange" one.

All the best of pips to you.

Alex FX
  • #550
  • Dec 5, 2006 5:55pm Dec 5, 2006 5:55pm
Thanks Alex. I know entries in Q1/Q4 are low risk and high return opportunities. But O did request to signal in Q2/Q3 too. maybe he just want to show statistics.

aha


Quoting AlexFX
Hay "AHA",

Good stuff there again. With regard to buy and sell arrows, big "O" says that on H1 the sell zone is Q1, buy Q4. Q1 being the top 2 lines and Q4 the bottom two lines. Also that this should be taken into account against the D1 top, median and bottom lines. This is my interpretation so maybe check with the "orange" one.

All the best of pips to you.

Alex FX
Target: Trading naked.
  • #551
  • Dec 5, 2006 5:57pm Dec 5, 2006 5:57pm
aha,
I put the Fibos on every day from the Channel top to the Bottom and Start the LRC from Monday.... Does this help?
enc.
Attached File(s)
File Type: doc Wed1.doc   107 KB | 456 downloads
  • #552
  • Dec 5, 2006 6:07pm Dec 5, 2006 6:07pm
Quoting aha
Thanks Alex. I know entries in Q1/Q4 are low risk and high return opportunities. But O did request to signal in Q2/Q3 too. maybe he just want to show statistics.

aha
Hey,

Okay I missed that part, as you were.

A
  • #553
  • Dec 5, 2006 6:13pm Dec 5, 2006 6:13pm
It happens this time that the trend changes its direction on Monday. But I won't be certain if this method will help if trend changes on other times.

You probably know that if the trend detector is too sensitive you will get many whipsaws, and if it's not then you get delays. Maybe the answer is on level 3.





Quoting blewmoon
aha,
I put the Fibos on every day from the Channel top to the Bottom and Start the LRC from Monday.... Does this help?
enc.
Target: Trading naked.
  • #554
  • Dec 5, 2006 7:30pm Dec 5, 2006 7:30pm
Thanks Alex and Aha - your back-and-forth answered most of the questions I had. Do you know yet why we are putting so many Fibo levels on the chart?
Perhaps the answer is in Level 3...

Best,
Lou
Old Benjamin was right
  • #555
  • Dec 5, 2006 8:04pm Dec 5, 2006 8:04pm
Quoting Lou G
Thanks Alex and Aha - your back-and-forth answered most of the questions I had. Do you know yet why we are putting so many Fibo levels on the chart?
Perhaps the answer is in Level 3...

Best,
Lou
Hey,

Often when you have fibs, for example a 61.8% and a 127%, which are taken from different highs and lows, meeting at the same point on a chart, can provide strong resistance or support.

AlexFX
  • #556
  • Edited 11:19pm Dec 5, 2006 10:28pm | Edited 11:19pm
Quoting Lou G
OrangeRoshan, I must admit that the above post is the last one where I really felt I understood what was being taught. Since then, with the complete change in the channel and the addition of lots and lots of Fibo lines, I just don't feel I have a grip on this method at all.

I know you are a very busy fellow but could you, at some point, post a kind of summary of these many changes and a short explanation of quadrants, Fibo lines and why the channel is now 3 or 4 times as wide as it used to be?

I don't mean to be thick - I deeply hope I'm not the only one who is confused
Hi Lou G,

You didnt miss much actually. The only addition since that post was Fibo and quadrants. Fibo was explained in this post:

http://www.forexfactory.com/forexfor...&postcount=404

Quadrant was a special sauce I added during TeamSpeak. I didnt post it because I kindly asked Hensch (Henry) to post it for me on my behalf.

The 4 quadrants are just 2 extra parallel lines that is added to the current channel to pinpoint the right logic for entry depending on the position of the formation of the 1st candle (00:00GMT). AHA did a wonderful job, creating the indicator for everyone to see the logic more accurately without having to remember the rules. Bravo Aha!!

The past week and the coming week is a very busy week for me, as my company fiscal year just ended last November. So, many jedi pips to count and divide amongst the Jedis of the whole universe. Other than this, me and my team are now fomulating the right strategy to prepare for the 2007 sentiment based from 20 years history. The studies involved, Elliot Waves, Neuro, Fibo, Zigzag, monthly trendlines and of course Support & Resistence!

Worry not Lou G. Keep practicing the current level until much Jedi pips are harvested consistently. Knowing Level III and IV is not so important when Level II is not mastered yet.

I feel that, I must delay the other levels until next year, to give more time for everyone to practice and familirise themselves with naked trading techniques.

Remember: Its not so much on what you know, but, its what you do what you already knew. That is more important.

In the coming posts, I would like to see everyone to asked more questions and make posts of their trades with charts when possible, to enable everyone to learn together so that the spirit of helping each other is alive and kicking everytime, all the time in this thread.

May the Force be with us!
Change Your Thinking. Change Your Life - JD
  • #557
  • Dec 5, 2006 10:32pm Dec 5, 2006 10:32pm
Quoting traderlismiss
Teamspeak is back running after we updated the software. These changes were needed to accomodate the amount of users and the additions for the future.

Sorry for the inconvenience,

Teacher OrangeRosahn, we missed you this morning in Teamspeak and hope you will be joining us again soon. We are testing, learning and sometimes challenging your methods and we are all better traders as a result. Thank you again for allowing us to use this new resource to understand better what you are teaching us.

Jadet
Melissa, thanks for your support and ideas with TeamSpeak. At least, now I know not everyone is actually resembling their avatar in real life!! LOL

I will try to join the TeamSpeak tonight at the NY session as soon as I can.

Cya!
Change Your Thinking. Change Your Life - JD
  • #558
  • Dec 5, 2006 10:38pm Dec 5, 2006 10:38pm
Quoting raheel23
I really . love the SRDC Concept and hv been following it very close keen to learn n explore it to any step .. beyond .. pips even ... Master Roshan .. Thankz a Tonne ! .. your hv inspired me alot with this challengin concept of such a Volatile .Sentimental Forex .. Market .. ..

One Question .. ? lets say a News liek non-form payroll breaks out positive for USD what i am wondering is can i place a long entry order 15-20 pips ahead if it breaks positive ... or short order same 15-20 pips difference if it breaks negative so we know either way it will do .. how abt putting two such pending order one will be executed on news break resulting in a big .. spikes will not be less than 100 pips yea may be the pips with you ! ... all i wana knw is it possible if we can really try this without a risk i guess put ur tp liek 70 pips . from ur entry and get in and out quickly .. gaining profits .. news.. trading .. can be fun i guess.. but need to execute the entry just 2min before news break to get the momentum right for pending order execution ..

May be the pips with you ! ...


Happy Trading ..
This is what you call straddling the news. Straddling is a profitable method when your broker allows it, even SRDC I, can be considered straddling the S&R. But the only difference is, the pending orders are not necessarily place during newstime.

It is quite risky to do so, as, most brokers can't honour your pending orders during high volatility, unless when you place them earlier (minimum 1min). This will result in, requotes or slippage to such an extend that it will hurt your trade.

Does that make pips to you or is my Jedi english too confusing?
Change Your Thinking. Change Your Life - JD
  • #559
  • Dec 5, 2006 11:12pm Dec 5, 2006 11:12pm
[quote=aha]Hey Lietuve,

Can you tell me when you put the fibo channels on and why you put the fibo channel in a downward direction at the time (against the major trend)? Maybe I can incorporate your wisdom into the I-LRC indicator.

aha


Good Observation Aha.

Yes, Fibo placing will be bottom to top for downtrend. Im impress with the Arrow indicator. The trick is to draw the channel correctly (trend), otherwise the Quadrants will be wrong.

I will leave this good problem in your capable hands.

We must scan the galaxy for any Imperail Spies...
Change Your Thinking. Change Your Life - JD
  • #560
  • Dec 5, 2006 11:16pm Dec 5, 2006 11:16pm
Quoting blewmoon
aha,
I put the Fibos on every day from the Channel top to the Bottom and Start the LRC from Monday.... Does this help?
enc.
Yes, your channel is perfect!! Did you see how the Trend dancing inside the channel?

Try putting the fibo bottom to top, and see when it catches the dip and bounce more accuratelly. Do what catches your eyes more significantly.

Welldone! You really blew the moon away!!
Change Your Thinking. Change Your Life - JD
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