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SRDC Episode II

  • #981
  • Dec 14, 2006 11:51am Dec 14, 2006 11:51am
Quoting cbrock5000
WOW - Orange has stated 100 pips should be easy. Todays TeamSpeak sessions were great. See the entry and exit points attached.
sorry to ask but what pair and timeframe is that?
  • #982
  • Dec 14, 2006 11:57am Dec 14, 2006 11:57am
Quoting cbrock5000
WOW - Orange has stated 100 pips should be easy. Todays TeamSpeak sessions were great. See the entry and exit points attached.
Hi Guys, for all the rest of us who NEVER have the chance to attend the most important time on TS (2am - 5am EST I guess), is there any chance you could share how we draw the channels on the 5 or 15 minute charts, and some other pointers.
I feel like a lot of information is getting lost here because of teamspeak.
A summary of those sessions would be really cool.
I still don't know if my one hour chart is correct or not....
Steve
  • #983
  • Dec 14, 2006 12:01pm Dec 14, 2006 12:01pm
Quoting PipSteve
Hi Guys, for all the rest of us who NEVER have the chance to attend the most important time on TS (2am - 5am EST I guess), is there any chance you could share how we draw the channels on the 5 or 15 minute charts, and some other pointers.
I feel like a lot of information is getting lost here because of teamspeak.
A summary of those sessions would be really cool.
I still don't know if my one hour chart is correct or not....
Kumusta steve,

Dont worry, Henry is compiling the stuff. It will be enuf to satisfy you lust for learning... LOL
Change Your Thinking. Change Your Life - JD
  • #984
  • Dec 14, 2006 12:02pm Dec 14, 2006 12:02pm
Quoting cbrock5000
WOW - Orange has stated 100 pips should be easy. Todays TeamSpeak sessions were great. See the entry and exit points attached.
Great chart, CBrock. I noticed you have an MA on the chart, was this your addition or something mentioned in TS?

Thanks, Dan
  • #985
  • Dec 14, 2006 12:05pm Dec 14, 2006 12:05pm
Quoting OrangeRoshan
Kumusta steve,

Dont worry, Henry is compiling the stuff. It will be enuf to satisfy you lust for learning... LOL
Salamat OrangeRoshan, also thank you for sharing this system, it has opened the hidden door to FOREX for me. I hope I have a chance to participate in your training.
May the power of pips be with you.

Sampai jumpa lagi
Steve
  • #986
  • Dec 14, 2006 12:12pm Dec 14, 2006 12:12pm
Quoting OrangeRoshan
Kumusta steve,

Dont worry, Henry is compiling the stuff. It will be enuf to satisfy you lust for learning... LOL
Great.

Ive also new to this system(right now on page 39), and kinda confuse since ppl keep getting change the system to their own taste.

It would be great to compile all the necesary info under OrangeRoshan guidance. I know henry already did compile it before, and i do say some of the info is still left out.

Thank you OrangeRoshan, and Henry for helping to compile the info.
  • #987
  • Dec 14, 2006 12:20pm Dec 14, 2006 12:20pm
Quoting PipSteve
Salamat OrangeRoshan, also thank you for sharing this system, it has opened the hidden door to FOREX for me. I hope I have a chance to participate in your training.
May the power of pips be with you.

Sampai jumpa lagi
Same here PipSteve.
I am a newbie, if you consider my age and experiance and i do say that OrangeRoshan teaching also has open the hidden door to FOREX for me.
Before i was a total noob(only depend on what the indi show) and have no idea about S&R, channel, price action ect.

Thankyou o Master Jedi OrangeRoshan. Harap nanti boleh beri tunjur ajar pada saya yang masih baru ni

btw, i dont know that pipsteve can speak malay . Syabas(well done) pipsteve.
  • #988
  • Dec 14, 2006 12:20pm Dec 14, 2006 12:20pm
Quoting Balflear
sorry to ask but what pair and timeframe is that?
0800 - 1730 GMT
  • #989
  • Dec 14, 2006 12:20pm Dec 14, 2006 12:20pm
Quoting PipSteve
Hi Guys, for all the rest of us who NEVER have the chance to attend the most important time on TS (2am - 5am EST I guess), is there any chance you could share how we draw the channels on the 5 or 15 minute charts, and some other pointers.
I feel like a lot of information is getting lost here because of teamspeak.
A summary of those sessions would be really cool.
I still don't know if my one hour chart is correct or not....
Steve,
Most of the action today was very late in the morning. OrangeRoshan had us draw a channel at the top of the last high on the 15 min chart. He had us watch the play inside the channel as we do with the 1hr (nothing new there). Then it was suggested that we trade on demo account and practice taking trades in this manner. It is important to note that this only works in ranging markets such as todays and used to confirm take profits during normal trading days. Some people did trade with live accounts and were able to grab quite a few pips. OrangeRoshan has introduced the use of trend lines in the charts just to note brake out areas and he again urged us to practice, practice, practice. Nothing takes the place of seeing the action as it is taking place and Teamspeak has allowed us to do that. For those who have been able to join, it has been a fantastic experience. We have made it our mission to inform this thread of new developments as we learn them and hensch is making some additions to the manual at this time. We are trying our level best to make sure that this thread is kept up to date and it takes considerable time and energy to do that and we don't mind. OrangeRoshan's method on Teamspeak is growing everyday and it is my belief that is contributing to this thread and not hurting it. Accrete has been attending most sessions of Teamspeak and his resource area is full of indicators, files, sound files from the sessions. If you can't get into Teamspeak live, download a file and listen to it at your leisure.

I hope this update helps!

Here is a 15min chart from Traderbill
Attached Image
  • #990
  • Dec 14, 2006 12:25pm Dec 14, 2006 12:25pm
Quoting Gids
Great chart, CBrock. I noticed you have an MA on the chart, was this your addition or something mentioned in TS?

Thanks, Dan
pair = GBP/USD
28 EMA
not a part of SRDC

I keep a separate screen with multiple ema lines to help me understand the speed of the market. i happened to note that several upper candle wicks touched that line.
  • #991
  • Dec 14, 2006 12:27pm Dec 14, 2006 12:27pm
cbrock5000

I agree I think a 100 pips a day is very easy, I have read somewhere in this post that OR says he achived some 200+ pips in one day, again I would say thats well within the range..

I have now completely changed over to this method and I have been trading it for a while and I can say that I have been achiving the same pips as OR everday...some 100 to 250 a day..

Its a very easy, simple system and thats the best part of it, I have introduced a friend to the method ( a person of some years trading and he cant belive how simple and effective it is..

So to the Master thankyou for sharing the method, and I look forward to SRDC 3.
  • #992
  • Dec 14, 2006 12:38pm Dec 14, 2006 12:38pm
Quoting PipSteve
Hi Guys, for all the rest of us who NEVER have the chance to attend the most important time on TS (2am - 5am EST I guess), is there any chance you could share how we draw the channels on the 5 or 15 minute charts, and some other pointers.
I feel like a lot of information is getting lost here because of teamspeak.
A summary of those sessions would be really cool.
I still don't know if my one hour chart is correct or not....
Hi PipSteve, I hope this reaches you in the right tone. Please forgive me if it doesn't. I believe there is a huge advancement in knowledge due to the moderators / helpers of Teamspeak (traderbill, preacher, wilma, rojam, etc.) and the massive amout of time they are spending to both run, record and help nearly non stop the participants of this forum. I posted this chart technique which may not be able to be used again for some time ?? to help those that were not able to attend. If you have the recordings and fast forward through the silent spots while driving in your car or resting on the couch along with a few of these charts you will have accomplished the same as the TS session in shorter time. That is a huge benefit. And thanks to you, I have learned some things from your posts that were answered that I didn't pick up elsewhere. So my point is we all benefit from the diverse opportunities here at SRDC II. Again, thanks for your contributions also.
  • #993
  • Dec 14, 2006 12:39pm Dec 14, 2006 12:39pm
Quoting traderlismiss
Steve,
Most of the action today was very late in the morning. OrangeRoshan had us draw a channel at the top of the last high on the 15 min chart. He had us watch the play inside the channel as we do with the 1hr (nothing new there). Then it was suggested that we trade on demo account and practice taking trades in this manner. It is important to note that this only works in ranging markets such as todays and used to confirm take profits during normal trading days. Some people did trade with live accounts and were able to grab quite a few pips. OrangeRoshan has introduced the use of trend lines in the charts just to note brake out areas and he again urged us to practice, practice, practice. Nothing takes the place of seeing the action as it is taking place and Teamspeak has allowed us to do that. For those who have been able to join, it has been a fantastic experience. We have made it our mission to inform this thread of new developments as we learn them and hensch is making some additions to the manual at this time. We are trying our level best to make sure that this thread is kept up to date and it takes considerable time and energy to do that and we don't mind. OrangeRoshan's method on Teamspeak is growing everyday and it is my belief that is contributing to this thread and not hurting it. Accrete has been attending most sessions of Teamspeak and his resource area is full of indicators, files, sound files from the sessions. If you can't get into Teamspeak live, download a file and listen to it at your leisure.

I hope this update helps!

Here is a 15min chart from Traderbill
It sure does help a lot. Thank you very much Melissa, and everybody else who is going beyond all to educate us about this amazing system.
Steve
  • #994
  • Edited 3:29pm Dec 14, 2006 2:09pm | Edited 3:29pm
Jest,

Not need to fear dark ink police. Yours is fine. Only black ink aligns itself to the dark forces.

May the force be with you




Quoting jest1081
SRDC II on 5 mins with pivot points.
All 4 1 and 1 4 All
  • #995
  • Dec 14, 2006 2:30pm Dec 14, 2006 2:30pm
My dear Jedi in training,

I am also very excited about everything that is happenning with this thread, teamspeak and the great contribution and teamwork of everyone involved but I would not characterize the SRDC method as a VERY easy pips harvester. Beginners make sure that you do your due diligence by reading both threads, listen to the audio tapes ask questions here and at teamspeak and follow general money management rules. Yes, the method is better than anything that I have come across in many hours of research, practice and self evaluation. Yes, even granny can trade SRDC1 but let us not forget that the risks involved and make sure that you listen to your own voice and make your trades at your own risk. Practice, Practice, Practice and when in doubt (and you will be) either stay out or use your demo. Remember that sometimes the best trade is the one you did not make.

Only trying to help.

May you make a lot of pips



Quoting glenn5t
cbrock5000

I agree I think a 100 pips a day is very easy, I have read somewhere in this post that OR says he achived some 200+ pips in one day, again I would say thats well within the range..

I have now completely changed over to this method and I have been trading it for a while and I can say that I have been achiving the same pips as OR everday...some 100 to 250 a day..

Its a very easy, simple system and thats the best part of it, I have introduced a friend to the method ( a person of some years trading and he cant belive how simple and effective it is..

So to the Master thankyou for sharing the method, and I look forward to SRDC 3.
All 4 1 and 1 4 All
  • #996
  • Dec 14, 2006 2:49pm Dec 14, 2006 2:49pm
My apology for not posting the Daily channel today as promised. Due to some serious personal obligations, Rojam will be unable to participate as he would prefer. We will have someone else do it as soon as we can. Let's all wish Rojam the best and hope he will be able to return very soon. All of us with Teamspeak owe him more than we could possibly describe.


Thank you,
  • #997
  • Dec 14, 2006 3:16pm Dec 14, 2006 3:16pm
4rex

I apologize for my post , you are right in exercising caution, I have been trading for many years and what I ment to say but my phrase "simple" is in comparision to other methods I have used...ie...Elliot waves and TD sequential..

SRDC is a simple method to use....But as you point out to the new people practise..and if in doubt stay out...

And if I may add learn discipline thats one of the main keys to Forex trading.

I will temper my post in future....
  • #998
  • Dec 14, 2006 3:27pm Dec 14, 2006 3:27pm
Hey Glen,

It is cool man, I know how you meant it. I hope noobies take notice of both posts.

C U @ ts



Quoting glenn5t
4rex

I apologize for my post , you are right in exercising caution, I have been trading for many years and what I ment to say but my phrase "simple" is in comparision to other methods I have used...ie...Elliot waves and TD sequential..

SRDC is a simple method to use....But as you point out to the new people practise..and if in doubt stay out...

And if I may add learn discipline thats one of the main keys to Forex trading.

I will temper my post in future....
All 4 1 and 1 4 All
  • #999
  • Dec 14, 2006 3:31pm Dec 14, 2006 3:31pm
Hi gang, it's been a fun couple of days trading the SRDC, and good info shared here and in the TS room.

I've updated the main page:
http://www.accrete.com/fx-srdc/

to also include three MT4 templates for the 15m, 60m, and daily charts (each a seperate chart to keep the lines nice and pretty). There seems to be some confusion as to what exactly these templates are all about. Those of you in the TSroom know that many of us promote the use of just the manually drawn LRC and FiboChannel MT4 tools rather than any form of automatic-drawn/updated MT4 indicator. On the templates i've saved (and i update them daily sometime during the Asian session before London's open) there are only manually drawn LRC and FC (though at your option you can download the cool color changing MA i use and the High/Median/Low/Close with daily range indicator...but these are optional !).

Now what to do now that you've got them on three seperate charts? You can either update them yourself by draging the LRC and FC as you normally would... OR you can head back to the RP and download the latest day's template for that chart. They won't "Move" on their own...you've got to get your elbows dirty ; )

=======also, there are two nice audio files that i've edited down to the meat. First one talks about drawing/placement of the LRC and FC, it is srdc01.wav. The second one is srdc02.wav and was last nites teaching by OrangeRoshan on the updated method of using the 15m chart with "mini LRC" to effectively scalp the market.

http://www.accrete.com/fx-srdc/presentations.htm

Cheers to all,
Thom
  • #1,000
  • Dec 14, 2006 3:40pm Dec 14, 2006 3:40pm
4rex.

Thats good....lets keep it going and all make pips....

I wanted to make this post as its the 1000. post......Whaoo.
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