SRDC Episode II | Page 61 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: SRDC Episode II
Exit Attachments

SRDC Episode II

  • #1,201
  • Dec 18, 2006 6:59am Dec 18, 2006 6:59am
Hi Folks !

I just post a short update as I see it on the 5min.

1. Bull Scenario :

- Price breaks upper red trendline => Target : Median Channel line

2. Bear Scenario :

- Price breaks brown trendline on CCI do the downside
- Price breaks lower green trendline
- Target => Lower channel trendline

Greetings

Bernhard
Attached Image
  • #1,202
  • Dec 18, 2006 7:08am Dec 18, 2006 7:08am
Quoting lietuve
there are so many posts with personal interpretations lately. I just wondering, were those interpretations discussed in TS room with OR? If not, what significant is in them. I found it a little bit confusing.
I still believe in channels until it is proven otherwise.
Can you guys when posting something unusual explain how it pertains to SRDC lev2 method.
Personally I like the method for it's simplicity, but I might be wrong, without me knowing, maybe the method is becoming more and more complicated ?
Hi Lietuve,

In the TS room we discuss many things about ORs methodology and some things not related to ORs method. I believe OR is trying to teach us to trade and think on our own. I don't think that ORs intention is to personally check that every one has drawn the channels correctly. He even states in some of his posts that the channels can be drawn in various ways and it doesn't mean they are incorrect. The things that are discussed in the TS room that are not a part of ORs method we try to make very clear to people in the TS room so they don't get too confused. With that said you will always have some variations when drawing channels and trend lines. Forex trading is not an exact science, if you want an exact science then you better stick with chemistry.
Dave If you can't swim with the sharks stay out of the water!
  • #1,203
  • Edited 7:23am Dec 18, 2006 7:11am | Edited 7:23am
Hi Team,

Its an easy day today (unless you make it complicated!) when you follow my teaching as I have endorse them.

We start the day at Q4.
(What do we do when we are at Q4 with a bearish channel?)
LONG. Draw a trend line as shown to see when it will start to follow the trend again.

Look at the daily fibo. The price penetrate 61 first, then 50. Testing it, then drop back at 61 (Median) and bounce up again entering the 50 for the 2nd time. It didnt have enough push to test the 38 and eventually dropped and broke the support.
This is an easy 50+pips

(What do we do at Q2 when the CHANNEL is bearish?)
The candle penetrated the support and the median. A new candle forming below the median confirm the down trend. It tried to push up again and hit the ceiling (median) and drop down following the trend.
A new Resistence is forming. The candles slipped down until around 1.9492 and break the resistence.
This is another easy 80+pips

A total of 130+pips when you guys give it a KISS! Muuuaaaahhh!!

Next post I will explain why today bounce is shown by the market already since Friday!!

Use what I have taught very strictly. Take my guidance with 100% trust. Otherwise, "I AM SORRY!!".

SRDC, Im Lovin' it!!
Attached Image
Change Your Thinking. Change Your Life - JD
  • #1,204
  • Dec 18, 2006 7:35am Dec 18, 2006 7:35am
Hi Team,

Before I post the mystery sign given on Friday. Here are the obvious mini LRC as I have taught them on TS the other day. This technique, can easily harvest another 100+pips using the original SRDC Episode II trading rules together with the earlier trades.

Thats a total of 180pips + 100+pips = 280+pips for today. Burrrrp!!

Any doubts?
Attached Image
Change Your Thinking. Change Your Life - JD
  • #1,205
  • Dec 18, 2006 7:38am Dec 18, 2006 7:38am
Quoting OrangeRoshan
Hi Team,

Its an easy day today (unless you make it complicated!) when you follow my teaching as I have endorse them.

We start the day at Q4.
(What do we do when we are at Q4 with a bearish channel?)
LONG. Draw a trend line as shown to see when it will start to follow the trend again.

Look at the daily fibo. The price penetrate 61 first, then 50. Testing it, then drop back at 61 (Median) and bounce up again entering the 50 for the 2nd time. It didnt have enough push to test the 38 and eventually dropped and broke the support.
This is an easy 50+pips

(What do we do at Q2 when the CHANNEL is bearish?)
The candle penetrated the support and the median. A new candle forming below the median confirm the down trend. It tried to push up again and hit the ceiling (median) and drop down following the trend.
A new Resistence is forming. The candles slipped down until around 1.9492 and break the resistence.
This is another easy 80+pips

A total of 130+pips when you guys give it a KISS! Muuuaaaahhh!!

Next post I will explain why today bounce is shown by the market already since Friday!!

Use what I have taught very strictly. Take my guidance with 100% trust. Otherwise, "I AM SORRY!!".

SRDC, Im Lovin' it!!
Hi Orange !

Thanks a lot for the update

I see now you worked with the channel and trendlines on the price
and Fibo's.

What timeframe did you use in your chart ?
I guess its the 15min.

When did your channel start ?

I've done it with the use of trendlines on CCI 5min / RSI 19
and penetration of LWMA 50.

I made about 85 Pips since 0:00 GMT (12/18)

I think we can make pips either with method A or B we just have to
keep it simple and think like the big ones in this business

Carry on Orange, I like it ...

Greetings

Bernhard
  • #1,206
  • Dec 18, 2006 7:44am Dec 18, 2006 7:44am
I am also so confused right now. Please help, I feel like Jaja Binks.

Where do you start the channels (date:time) on the different time frames.
15min
1hr
daily


I see so many different layouts here, my head is spinning.
Tring to recreate the channels when the pictures are cropped is hard.
Please advice Jedis.

Salamat


Quoting behof
Hi Orange !

Thanks a lot for the update

I see now you worked with the channel and trendlines on the price
and Fibo's.

What timeframe did you use in your chart ?
I guess its the 15min.

When did your channel start ?

I've done it with the use of trendlines on CCI 5min / RSI 19
and penetration of LWMA 50.

I made about 85 Pips since 0:00 GMT (12/18)

I think we can make pips either with method A or B we just have to
keep it simple and think like the big ones in this business

Carry on Orange, I like it ...

Greetings

Bernhard
Steve
  • #1,207
  • Dec 18, 2006 8:08am Dec 18, 2006 8:08am
Hi Team,

Remember I gave you guys homework to learn and spot Trendlines?
Did you guys practice?

Look at the chart below, it tells a lot of story whcih will sheild you from my trading skills.

May the pips be with you!!
Attached Image
Change Your Thinking. Change Your Life - JD
  • #1,208
  • Dec 18, 2006 8:29am Dec 18, 2006 8:29am
Greetings, THX Orange again, the more you post what you do the more i learn. Sunday's two 1 hour candles that were bearish put me into the short lived, but profitable Bull trend. I didn't get gready as i saw the median up near the 60ish area so i just took a nap after setting a TP of 20 pips...woke up near brussels open today and saw that the TP had been hit.

Then after London open, and recalling my homework on the hourly charts, that often even though the Monday candle can begin as a perfect SRDC I trade, there can be a reversal near London open. I looked for the bounce off the MA and waited for the break of the lower trendline drawn during the Asian (Yellow) and break of the Median. Again, i went to bed and set what i thought was a conservative, but atainable 20 pip TP...which i saw was hit when i got up again for the NY open.

Today's price action, and some of my decisions to get in were based not only on the SRDC rules, but also basic trend line breaks at what i was interpreting as a confluence of resistance areas.

Pip by Pip it's a sinch.

Cheers,
Thom

http://www.accrete.com/fx-srdc/trade...5mGBPchart.png
  • #1,209
  • Dec 18, 2006 8:34am Dec 18, 2006 8:34am
Quoting OrangeRoshan
Hi Team,

Remember I gave you guys homework to learn and spot Trendlines?
Did you guys practice?

Look at the chart below, it tells a lot of story whcih will sheild you from my trading skills.

May the pips be with you!!
Hi Orange !

This is a great example how to really shield us from your trading skills ;-))
The point is how to draw the trendlines on the candles ...
Give the chart to 5 guys or gals and you get 5 different trendline
scenarios

I think we had come to a point where some of our jedis get lost in
the galaxy.....

They had learned some nice fighting skills but the point is to use the
right skill at the right time at the right place !!!

It's like training Kung Fu

The students also have a master fighter who tells them the secrets
by using little puzzles like you do

I'm providing this art of teaching extremely because if you left
jedi school and go out in the bad world one has to stand on
his own feet and no master jedi is near him to protect from the
outer forces.

So your goal should be to form us to individuals who can survive
in every situation of the forex world !!

So my demand would be to strengthen the force of the team by
focussing on the core skills.

By the way Hensch and Accrete are doing a fantastic job here !!!!

Orange you are the man !!!

Go ahead and direct us to Forex Mastery !!

Greetings and happy Pippin

Bernhard
  • #1,210
  • Dec 18, 2006 8:51am Dec 18, 2006 8:51am
Hi Folks !

Here is my last 5min chart.

I went short at the vertical line after break of brown
CCI Trendline.

Happy Pippin

Bernhard
Attached Image
  • #1,211
  • Dec 18, 2006 9:03am Dec 18, 2006 9:03am
Hi Folks !

What a wonderful monday

I closed trade at secondary vertical line with +32 Pips on 3 Standard lots.
Fibo Level at 161.8 had been reached and is resistance !!

Keep on Pippin

Bernhard
Attached Image
  • #1,212
  • Dec 18, 2006 9:11am Dec 18, 2006 9:11am
Hi Folks !

Lets wait for blue CCI line to cross red line to the upside.
If this happens I make a new Fibo Projection and draw a new
trendline.

See you

Bernhard
  • #1,213
  • Dec 18, 2006 9:15am Dec 18, 2006 9:15am
Hi Orange, the below image is taking place real time as i post and i am not trading this situation, but am hoping for clarification. I posted the question in the TS room but there was no reply and would like your input.

Here is a chart with a magenta trend line drawn outside the LRC on some low points over the past week. I recall sometime last week you discussed looking for such areas to draw a trend line at such occurances. I know that in this situation, being so late in the day, London 15GMT that it can at this point also bounce up to the Median. Just wondering if the basic set up is a valid trendline possible breakout setup.

THX, Thom

http://www.accrete.com/fx-srdc/trade...5mGBPchart.png
  • #1,214
  • Dec 18, 2006 9:24am Dec 18, 2006 9:24am
Hi Folks !

Here is the updated 5min chart !
I've added new Fibo Lines and CCI Trendline.
Lets wait for a cross of brown trendline to the upside.

Have fun

Bernhard
Attached Image
  • #1,215
  • Dec 18, 2006 10:08am Dec 18, 2006 10:08am
The cards are beginning to be played and we can adjust to the playing field.
Looking to sell rallies.....maybe some small mini lot bounces.
Attached Image
  • #1,216
  • Dec 18, 2006 10:17am Dec 18, 2006 10:17am
Hi Folks !

Referring to my last post CCI had breaked brown trendline and price
moved upwards.

I bailed out some pips because of resistance at LWMA 50 line
and Fibo 23.8% line.

Greetings

Bernhard

P.S. Perhaps hear you in teamspeak
Attached Image
  • #1,217
  • Dec 18, 2006 11:18am Dec 18, 2006 11:18am
Behof,

What are the settings on your CCI, please. Thanks.


Quoting behof
Hi Folks !

Referring to my last post CCI had breaked brown trendline and price
moved upwards.

I bailed out some pips because of resistance at LWMA 50 line
and Fibo 23.8% line.

Greetings

Bernhard

P.S. Perhaps hear you in teamspeak
"Loss and failure are inevitable but misery is optional"
  • #1,218
  • Dec 18, 2006 12:12pm Dec 18, 2006 12:12pm
Quoting carmel
Behof,

What are the settings on your CCI, please. Thanks.
Hi Carmel !

My settings are 4,8,5,4 as mentioned some time ago in
another thread.

I use it instead of Orange's settings, because I can follow more
easily the existing trend and also catch a possible turning point
(Crossing of red and blue CCI line)

Happy Pippin

Bernhard
  • #1,219
  • Dec 18, 2006 2:03pm Dec 18, 2006 2:03pm
Quoting accrete
Hi Orange, the below image is taking place real time as i post and i am not trading this situation, but am hoping for clarification. I posted the question in the TS room but there was no reply and would like your input.

Here is a chart with a magenta trend line drawn outside the LRC on some low points over the past week. I recall sometime last week you discussed looking for such areas to draw a trend line at such occurances. I know that in this situation, being so late in the day, London 15GMT that it can at this point also bounce up to the Median. Just wondering if the basic set up is a valid trendline possible breakout setup.

THX, Thom

http://www.accrete.com/fx-srdc/trade...5mGBPchart.png
Yes, Of course. I also have the same line drawn. Find any points that create a pattern even when it is weeks, months, and years away.

These are market sentiments.

May the force be with you
Change Your Thinking. Change Your Life - JD
  • #1,220
  • Dec 18, 2006 2:16pm Dec 18, 2006 2:16pm
Hi everyone
a lot of thanks for Orange Roshan for sharing his method
I am new to forex and I just finished reading whole part one of this method.Should I read whole thread or reading the documentation is enough ? could someone please upload last version of indicators used for this method.
are my SRDC materials are up to date ?
i already have these indicators:
Attached File(s)
File Type: pdf SRDC_Level_II-V2.pdf   856 KB | 1,330 downloads
File Type: mq4 FX_Sniper's_Ergodic_CCI_Trigger_(SRDC).mq4   4 KB | 361 downloads
File Type: mq4 SHI_Channel_true.mq4   5 KB | 430 downloads
0 traders viewing now