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SRDC Episode II

  • #1,341
  • Dec 19, 2006 8:00pm Dec 19, 2006 8:00pm
Quoting behof
Hi Orange !

Can you explain in more detail, why the 6 last candles of the day
on the 15 min chart could predict the trend of the new day ?

I've heard about it in teamspeak.

Thanks

Bernhard
It is a compass for today's direction. A continuation of yesterday's sentiment. A guide for the Big Boys or clues or secrets to where everybody is heading the next day.

Lets look at the pattern, it might be forming another type of traingle.
Change Your Thinking. Change Your Life - JD
  • #1,342
  • Dec 19, 2006 8:02pm Dec 19, 2006 8:02pm
is ts down?
  • #1,343
  • Dec 19, 2006 8:06pm Dec 19, 2006 8:06pm
Quoting OrangeRoshan
Hi ptejerina,

A Triangle is in place that formed the new channel. What will happend to Cable today?

Trade with caution!!
Hi Orange, thanks for your answer. We are talking about it in TS right now.

Is this triangle pattern the same you were talking about in that post 577? I think that one was called a momentum triangle.

Anyway, thanks for helping us identify the obvious triangle pattern. I'm already waiting for the break of it.

-Pablo.
Pablo
  • #1,344
  • Dec 19, 2006 8:37pm Dec 19, 2006 8:37pm
our back up server is up
  • #1,345
  • Dec 19, 2006 8:41pm Dec 19, 2006 8:41pm
OR, you never cease to amaze me with your knowledge. Trendlines baby!!
What I would pay to get inside that head of yours for a few days.

Anyway, just wanted to post an indicator with a mod. Its the Snipers CCI, the only mod is with an alert added. It is good to throw on the 5-15m chart to alert you of a new direction if your not paying attention.

NOTE:Same indicator, just with alert.

And talking about triangles, Accrete has the document I sent him somewhere on his site, but I cant find it. It has lots of trendline patterns. He will have to post the link, or it would be about 6-8 pages back somewhere.

Also, what signifigance is the 6 candles back? Today is an easy one as it already broke out, but is this just your experience with 6, why not 10?
How about other timeframes?

Thanks
Attached File(s)
File Type: mq4 FX_Sniper's_Ergodic_CCI_Trigger.mq4   4 KB | 498 downloads
  • #1,346
  • Dec 19, 2006 8:53pm Dec 19, 2006 8:53pm
OrangeRoshan

To answer your question...the cable today will go long. As per srdc1 todays daily candle has broken above yesterday candle.

This supported by the 4hr channel with the cable in the 1st section.

However it is moving into the 4th section on the daily channel.

Therefore UT....overall but weakness in the move.

Glenn
  • #1,347
  • Dec 19, 2006 8:58pm Dec 19, 2006 8:58pm
can't find my back up server settings...anybody have them?
  • #1,348
  • Dec 19, 2006 9:17pm Dec 19, 2006 9:17pm
Hit me with a PM on the TS issues, lets get them sorted.
  • #1,349
  • Dec 19, 2006 9:29pm Dec 19, 2006 9:29pm
Quoting riolin
...Accrete,

I have a recording of TS on DEC 19 from GMT 0715 to 1300. Let me know if you still need a copy...Rio
Greetings Rio, it would be great to have a copy, i would then edit it so all could benefit from OrangeRoshan's discussion : )

You can email me and we can figure out a way to get it to me.

Cheers,
Thom
  • #1,350
  • Dec 19, 2006 10:55pm Dec 19, 2006 10:55pm
Attached is cable on H1, will it travel down as it is shown on the chart?

Jedis Council...need more comments here...
Attached Image
  • #1,351
  • Dec 20, 2006 12:06am Dec 20, 2006 12:06am
Quoting Bom-Bom
Attached is cable on H1, will it travel down as it is shown on the chart?

Jedis Council...need more comments here...
Hi Bom Bom,

I would agree, we are in Q1 and looking to go down. Although I don't agree with you resistance trend line. Resistance trend lines need to be slanted downward. Find a peak to the let side and draw from that peak to the current peak.
Dave If you can't swim with the sharks stay out of the water!
  • #1,352
  • Dec 20, 2006 12:20am Dec 20, 2006 12:20am
Quoting downunderdave40
Hi Bom Bom,

I would agree, we are in Q1 and looking to go down. Although I don't agree with you resistance trend line. Resistance trend lines need to be slanted downward. Find a peak to the let side and draw from that peak to the current peak.
Hi Dave, it is not the resistance line that I draw. I tried to find triangle formation and I am looking candle to break that triangle upward or downward, while the horizontal red line I take it as support as it is yesterday's high. the candle already break the bottom line of triangle formation and I am waiting it to break yesterday's high.

Thank you Dave !

Regards
  • #1,353
  • Dec 20, 2006 12:28am Dec 20, 2006 12:28am
Quoting Bom-Bom
Hi Dave, it is not the resistance line that I draw. I tried to find triangle formation and I am looking candle to break that triangle upward or downward, while the horizontal red line I take it as support as it is yesterday's high. the candle already break the bottom line of triangle formation and I am waiting it to break yesterday's high.

Thank you Dave !

Regards
Hi Bom Bom,

Yes, I see what you are looking at now. I stand corrected. That was a very good analysis of the current set up.
Dave If you can't swim with the sharks stay out of the water!
  • #1,354
  • Dec 20, 2006 12:54am Dec 20, 2006 12:54am
Just wondering if anyone knew the status of the TS room? I tried the alternate IP address and I keep getting bad login even using my registered name and password...
  • #1,355
  • Edited 1:07am Dec 20, 2006 12:56am | Edited 1:07am
OK, below is what i believe to be a "pure" SRDC I advanced entry. Though showing the details on this 5m chart, i entered after the close of the 15 min candle after breaching yesterday's high. As i type i'm at breakeven on my first entry (i.e. back to where i began when i entered...) and at +13 pips on the secondary entry i went ahead and took after the bounce off the trend line seen here at the top of the FiboChannel.

Who knows how it will work out, but this being my first "Official" SRDC Iadv. entry thought i'd put it out for accountability.

Cheers,
Thom

PS update...I closed out at +3 and +16 pips profit as price began to stall again. A pip profit is a good thing : )

http://www.accrete.com/fx-srdc/trade...5mGBPchart.png
  • #1,356
  • Dec 20, 2006 1:04am Dec 20, 2006 1:04am
Quoting accrete
OK, below is what i believe to be a "pure" SRDC I advanced entry. Though showing the details on this 5m chart, i entered after the close of the 15 min candle after breaching yesterday's high. As i type i'm at breakeven on my first entry (i.e. back to where i began when i entered...) and at +13 pips on the secondary entry i went ahead and took after the bounce off the trend line seen here at the top of the FiboChannel.

Who knows how it will work out, but this being my first "Official" SRDC Iadv. entry thought i'd put it out for accountability.

Cheers,
Thom
Accrete, do I miss something about SRDC 1 advanced? Would you mind to explain it here? I don't have time to listen TS recording but Saturday and Sunday as those days are my work-days off. I would like to thanks a lot if you want to explain it to me. Thanks!

Regards
  • #1,357
  • Dec 20, 2006 1:08am Dec 20, 2006 1:08am
Quoting Bom-Bom
Accrete, do I miss something about SRDC 1 advanced? Would you mind to explain it here? I don't have time to listen TS recording but Saturday and Sunday as those days are my work-days off. I would like to thanks a lot if you want to explain it to me. Thanks!

Regards

Hi Bom Bom
Go to SRDC I Thread (another thread), it is very clearly explained by our
Master with pics attached.

Cheers

fj
  • #1,358
  • Dec 20, 2006 1:12am Dec 20, 2006 1:12am
Quoting Bom-Bom
Accrete, do I miss something about SRDC 1 advanced?..
Orange posted over in the SRDC thread...post 690. Basicaly looking to enter trade based on the break above yesterday's high after the 15m candle closes and confirms the direction. There is no set rules as to exit from what i know of, so TP is up to the individual as far as i understand.

Since i saw this as a questionable entry, and looked at it as a scalping trade, a few pips banked is more than pleasureable !

: ) Thom
  • #1,359
  • Dec 20, 2006 1:34am Dec 20, 2006 1:34am
TL broken, below yesterday's high, retesting, price at Q1, brearish to me.
Attached Image
Target: Trading naked.
  • #1,360
  • Edited 2:11am Dec 20, 2006 1:36am | Edited 2:11am
Quoting accrete
Orange posted over in the SRDC thread...post 690. Basicaly looking to enter trade based on the break above yesterday's high after the 15m candle closes and confirms the direction. There is no set rules as to exit from what i know of, so TP is up to the individual as far as i understand.

Since i saw this as a questionable entry, and looked at it as a scalping trade, a few pips banked is more than pleasureable !

: ) Thom
Thanks Accrete & fjxf, it's been long time I don't go to SRDC1 planet. Now I am on warp 9 to that planet. THANKS A LOT !!!!

Ps to accrete : Your site does give me good lessons during saturday-sunday. It replaces those days I absent. Thanks !!!
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