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SRDC Episode II

  • #681
  • Edited Dec 8, 2006 1:25am Dec 7, 2006 5:14pm | Edited Dec 8, 2006 1:25am
Let's See, Who prdedicted that 1.9609..by the way it wasn't me



http://www.gamers4jesus.com/mygbp.gif
  • #682
  • Dec 7, 2006 6:32pm Dec 7, 2006 6:32pm
Quoting 4rex
Accrete...It really made the fibs clearer for me and I hope others too. Are you or have you join the TeamSpeak group? It would be nice to have you share your expertise live.

Thanks Again
Hi 4rex, i'm thankful that you are thankful : ) that i was able to make clear my thoughts on the fibo channel tool. It will take tweaking each new day, both LRC and the FiboChannel tool but it is fun to get our elbows a bit dirty moving the tools around on the charts? I think so.

Yes as i type i'm in the TSg. No mic set up, but i'll get to that.

---------Q on TeamSpeak registration:
I've read the manual, and i'm in there with my FF nick, but still unclear as to how to "register" the nick with the sever as the option is greyed out in the "Self" drop down menu.

Cheers,
Thom

...so ppl are usually in the TS group at the new day 00:00 GMT?? That's only midnight here on Oregon's coast so that's doable.
  • #683
  • Edited 7:02pm Dec 7, 2006 6:36pm | Edited 7:02pm
Here is my chart with 'Lou G' LRG in Black on White, showing the New Day. The reason that the Fibo aren't touching the channel [in the past days] is because it has moved outwards through out the week.
Attached File(s)
File Type: doc LRG.doc   111 KB | 494 downloads
  • #684
  • Edited 8:22pm Dec 7, 2006 7:24pm | Edited 8:22pm
i've been followed this thread since last week....i fell that i will study closely & try to understand this method...keep up the good work Orange
  • #685
  • Dec 7, 2006 8:34pm Dec 7, 2006 8:34pm
Hello Fellow Orangenites,

I am attaching a PDF file that explains Fibonacci in very clear terms. I hope it is helpful to your understanding of Episode II.

Attached File(s)
File Type: pdf Fibonnacci.pdf   325 KB | 2,550 downloads
All 4 1 and 1 4 All
  • #686
  • Dec 7, 2006 9:12pm Dec 7, 2006 9:12pm
Quoting hensch
1. Did I do correctly for today's LRC & Fibo for today's trade setup?

Bom Bom, LRC is OK, Fibos are placed at 00:00 every day inside the channel.
Please read previous post where I explain in detail how to draw Fibos.

2. Please, take a look on the rectangle I draw on my chart. Say, that time I
enter buy position on both the arrows (once the price hitting the lowest channel
which was on Q4), sure I'll get a floating loss at the moment. Do you think what
is the best Stop Loss to put on that trade? Do we always put 50 pips stop loss?

Again, read my answer to Lou, however, if you are not an experienced trader,
refrain from going counter trend, it can be dangerous.

Henry

Thanks Henry for the answer, I am waiting for your documentation. I'll be listening to the teamspeak later today. BTW, the Q1 did his good job to lead short sterling 'til Q3 yesterday.
  • #687
  • Dec 8, 2006 3:39am Dec 8, 2006 3:39am
Hi Fellow Jedites,

I'd like to know if anyone knows any other broker like IBFX whose got charts that shows the weekend candle (Sunday). I really wouldn't wanna miss out on the Monday trading thing u know . I tried downloading the platform but couldn't. Customer service says I can only use the browser-based platform (demo version) as opposed to the Windows standalone version b'cos it (browser-based ver) doesn't require a Username and Password. But man, My Internet connection speed cant support the browser-based platform ( It keeps goin' off and on).

I just can't understand why IBFX could possibly make things difficult for prospective customers. Why don't just give me a ****** password and Username and get along with it !

Secondly, Master Roshan had said something 'bout taking profits at different levels: T1, T2, T3 at different %s usually from higher to lower respectively. How can this be? Do I trade 3 lots in one order or 3 orders with one lot each? Master! Master!! Jedi protege in Confusion .
The guys at TeamSpeak were of some help though, but I guess everybody'll feel better with OR's explanations.

So far, It's been all cool. Just advise everyone to hang out a lil at TeamSpeak. It's very interesting and informative, even if you'r only listening.

Anybody using or ever tried FXSol in live trading? Pls. I'd need your recommendations. My dough could be on the line you know...

Still dancing in the Asteroid Channel...

Over and Out,
J-Paul
I grumbled I had no shoes until I met a man who had no toes...
  • #688
  • Dec 8, 2006 4:49am Dec 8, 2006 4:49am
Quoting John-Paul
Hi Fellow Jedites,

I'd like to know if anyone knows any other broker like IBFX whose got charts that shows the weekend candle (Sunday). I really wouldn't wanna miss out on the Monday trading thing u know . I tried downloading the platform but couldn't. Customer service says I can only use the browser-based platform (demo version) as opposed to the Windows standalone version b'cos it (browser-based ver) doesn't require a Username and Password. But man, My Internet connection speed cant support the browser-based platform ( It keeps goin' off and on).

I just can't understand why IBFX could possibly make things difficult for prospective customers. Why don't just give me a ****** password and Username and get along with it !

Secondly, Master Roshan had said something 'bout taking profits at different levels: T1, T2, T3 at different %s usually from higher to lower respectively. How can this be? Do I trade 3 lots in one order or 3 orders with one lot each? Master! Master!! Jedi protege in Confusion .
The guys at TeamSpeak were of some help though, but I guess everybody'll feel better with OR's explanations.

So far, It's been all cool. Just advise everyone to hang out a lil at TeamSpeak. It's very interesting and informative, even if you'r only listening.

Anybody using or ever tried FXSol in live trading? Pls. I'd need your recommendations. My dough could be on the line you know...

Still dancing in the Asteroid Channel...

Over and Out,
J-Paul

John, are you sure it is that difficult to ask interbank metatrader from them? Many times I requested the download link from their live chat support officer, and many times the gave me the link to download it, they even ask me, Do I want version 3 or 4?

Try talk to their live chat support, just ask "What is the download link for interbank metatrader 4?" soon they will give you.

About sunday-monday candle trade (inverted candle), better ask Master Roshan, regarding NFP data that will come out tonight, does it has significant effect on Monday's candle trade? I look at previous chart 'til September it gives variation result. Some it works, some don't. Better ask Master Roshan.

Regards.
  • #689
  • Dec 8, 2006 5:14am Dec 8, 2006 5:14am
Yeah,

Thanks Bom-Bom for your prompt reply.

I've already got Metatrader4 from Alpari but, the thing is, I need a chart that shows the weekend candle cos my M4 doesn't.

Master Roshan said his charts are IBFX. Infact, he said he just signed up for a demo and uses their charts for analysis. Unless you're definitely sayin' IBFX's M4's different from Alpari's. I just need OR's kinda charts or anything close that can show me the weekend candle.

Thanks again BB

Over...
J-Paul
I grumbled I had no shoes until I met a man who had no toes...
  • #690
  • Dec 8, 2006 8:26am Dec 8, 2006 8:26am
When you trade today, I hope you guys are making tons of pips!!

The day starts with Q3, where I waited until it jumped to Q2 and enter short (following the trend) at 1.9640. Then following the Payroll announcement, the candle bear about 50pips down to gain momentum before it starts a bullrun.

Knowing the figure indicates a Weaker US data, so I exited at 1.9540 (just outside the bottom channel), accumulating a good 100pips and Start a LONG trade until now still riding. Im holding an equity from this long trade of about 180pips. Add with the 100 i banked in earlier, thats a total of 280pips. Not bad for a Jedi.

It looks like the US economy is going to enter into recession... prepare a BULL GBPUSD. Lets see where the candle settle today and LRC might has to be adjusted this monday. As I suspected, Monday is usually a trend change day (check the charts).

I will post my trades later, when i get back home.

May the Pips be with you.
Change Your Thinking. Change Your Life - JD
  • #691
  • Edited 9:24am Dec 8, 2006 9:16am | Edited 9:24am
Hi,

Bom-Bom, Thanks for your help with IBFX. i think i rather blamed the wrong person. Obviously, I was at Interactivebrokers.com . i really was very stupid.

Nevertheless, it's still the same as M4 from Alpari. I need a charting software that shows the weekend candle. Anybody know how I could get OrangeRoshan's exact type of chart?

Does anybody use IBFX live? Would you mind recommending a good broker I could check out?

Looking up to hearing from you or anybody else.

thanks

Over..
J-Paul
I grumbled I had no shoes until I met a man who had no toes...
  • #692
  • Dec 8, 2006 10:22am Dec 8, 2006 10:22am
Awesome Orange. Another thing I noticed this morning is how accurate the LRC provides the coordinates for the big boys to act.



Quoting OrangeRoshan
When you trade today, I hope you guys are making tons of pips!!

The day starts with Q3, where I waited until it jumped to Q2 and enter short (following the trend) at 1.9640. Then following the Payroll announcement, the candle bear about 50pips down to gain momentum before it starts a bullrun.

Knowing the figure indicates a Weaker US data, so I exited at 1.9540 (just outside the bottom channel), accumulating a good 100pips and Start a LONG trade until now still riding. Im holding an equity from this long trade of about 180pips. Add with the 100 i banked in earlier, thats a total of 280pips. Not bad for a Jedi.

It looks like the US economy is going to enter into recession... prepare a BULL GBPUSD. Lets see where the candle settle today and LRC might has to be adjusted this monday. As I suspected, Monday is usually a trend change day (check the charts).

I will post my trades later, when i get back home.

May the Pips be with you.
Target: Trading naked.
  • #693
  • Dec 8, 2006 10:46am Dec 8, 2006 10:46am
Hi,

Quick question...hensch had mentioned in his update posted a couple of pages back that when price spikes and predominantly leaves the channel as it did eralier today...we pull the LRC to the last closed candle on the 1H...at this time do I readjust my daily Fib to the new top & bottom channel ???


Regards
Venture out and Thrive where there is no Supervision... R.L
  • #694
  • Edited Dec 9, 2006 12:39am Dec 8, 2006 10:54am | Edited Dec 9, 2006 12:39am
Thanks Aha.

Here are the charts I did to represent my last trade.

RED - SELL
BLUE - BUY
GREEN - TAKE PROFITS

As I type this, the candle is BEARISH back into the trend.
Is this a confirmation that the TREND or the CHANNEL is stronger than the News? Maybe.

Its a sign that the Big Boys didnt agree with the Really Big Boys. Maybe we should keep the channel after all. Pity I didnt short the last candle... but then again, who would know that right? LOL

Im entering TEAMSPEAK now, just in case my fellow Jedi PANIC!!! Heeeeeelp!!!!...lol
Attached Image
Change Your Thinking. Change Your Life - JD
  • #695
  • Dec 8, 2006 11:19am Dec 8, 2006 11:19am
Made 125 pips using the SRDC channel, playing the top channel and the bottom channel. Used the fibo lines to close my trades.

Thanks Orange for this wonderfull method. And to the rest for helping us out with the setups.
  • #696
  • Dec 8, 2006 11:55am Dec 8, 2006 11:55am
Looks like we'll be back in the channell for the weekend. i'm out till Monday, enjoy the pips everyone!
  • #697
  • Dec 8, 2006 12:03pm Dec 8, 2006 12:03pm
Quoting FXWHEELS
Hi,

Quick question...hensch had mentioned in his update posted a couple of pages back that when price spikes and predominantly leaves the channel as it did eralier today...we pull the LRC to the last closed candle on the 1H...at this time do I readjust my daily Fib to the new top & bottom channel ???


Regards

Yes
  • #698
  • Dec 8, 2006 12:07pm Dec 8, 2006 12:07pm
Quoting hensch
Yes
Thank you !!!
Venture out and Thrive where there is no Supervision... R.L
  • #699
  • Dec 8, 2006 12:35pm Dec 8, 2006 12:35pm
I've just finished the Level II manual. Pipmaster Jedi Roshan has given his OK
to post it, but I have to make some minor corrections first.

I expect to have it ready tomorrow. So please hold on a little longer, we're
almost there.

Henry
  • #700
  • Dec 8, 2006 12:36pm Dec 8, 2006 12:36pm
Hi everyone,

I have been reading my way through this forum and listening on teamspeak over the past few days, I would like to thank OrangeRoshan for sharing this great method and everyone at teamspeak for the interesting informative chat and the entertainment!<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

Traderbill, I will certainly be registering next week, I am really keen to learn this trading method.<o></o>

Many thanks,<o></o>

Noel.
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