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SRDC Episode II

  • #1,381
  • Dec 20, 2006 5:32am Dec 20, 2006 5:32am
Here is my chart now. A triangle pattern is forming...
Attached Image
Target: Trading naked.
  • #1,382
  • Dec 20, 2006 6:00am Dec 20, 2006 6:00am
Hi Folks !

On the attached 4h chart CCI is changing direction !
Stay alert for a coming uptrend...

Greetings

Bernhard
Attached Image
  • #1,383
  • Dec 20, 2006 6:01am Dec 20, 2006 6:01am
Hi Folks !

I mean downtrend
  • #1,384
  • Dec 20, 2006 6:07am Dec 20, 2006 6:07am
Mine too AHA, this imperial army seems like to play triangle today...hmm...will the jedis be able to shoot down them again? LOL
Attached Image
  • #1,385
  • Dec 20, 2006 6:23am Dec 20, 2006 6:23am
Hi guys

This is the set up I found for today:

http://img186.imageshack.us/img186/6...6092420nn9.png
Johann Channels and cycles are everything
  • #1,386
  • Dec 20, 2006 6:38am Dec 20, 2006 6:38am
Hi Guys
I think it's time to ask to Admin Merlin to open a new subforum (like Vegas and Mouteki), also for our Supreme Master Jedi OrangeRoshan , so that we can put over there all about his methods SRDC I , II and all indicators/EA, pdf manuals, Teamspeak audio chat and so on

What do you think ?

  • #1,387
  • Dec 20, 2006 6:44am Dec 20, 2006 6:44am
Quoting Bom-Bom
It is simple fjfx, I just wait for some candles keep staying below the bottom triangle trendline. I got this from experience, mean that, I've ever got wiped out before (cos I was not patient). In the small time frame we have to get used to be patient, otherwise the Big Boy will get their spaceship back above that bottom line and wiped out us !!! I've ever been trapped by them, I don't want them to say again to me : I'M SORRY, just like Master Roshan always did when he booked his trade on profit...he.he... LOL

My first arrow on the left on post 1371 & 1372 is just to look for the new beginning of a micro channel, it is not exactly on that point,but when tehy formed a micro downtrend, you can analyze, where is the turning point (the start point). I think the puzzle game here is analyze where it start and always make a correction if we draw it wrongly by watching the price movement. That's why I preferred to trade with SRDC1. As a not fulltime forex trader, I am not able to watch prices all the time, the SRDC1 style is more fit to me as it just play on previous day's high/low. Today I am lucky, my boss was not around, otherwise, he will say "Are you playing game on working time, Huh?"...he.he...LOL

regards
Thank you "verymuch" Bom Bom your last 5 posts just explained the trend lines and triangles so well... opened my eyes to what is right in front of me the whole the time...fantastic!!! thanks again.

Regards,
Venture out and Thrive where there is no Supervision... R.L
  • #1,388
  • Dec 20, 2006 8:01am Dec 20, 2006 8:01am
i make pips today...because of orange roshan
  • #1,389
  • Dec 20, 2006 8:15am Dec 20, 2006 8:15am
Quoting skyline
Hi Guys
I think it's time to ask to Admin Merlin to open a new subforum (like Vegas and Mouteki), also for our Supreme Master Jedi OrangeRoshan , so that we can put over there all about his methods SRDC I , II and all indicators/EA, pdf manuals, Teamspeak audio chat and so on

What do you think ?

That will be great skyline...i'm with you..
  • #1,390
  • Dec 20, 2006 8:54am Dec 20, 2006 8:54am
The attached indicators will draw the 1 hour AND the 1 day channels on a 1 hour chart. The indicators are drawn to the specifications given in the latest SRDF II pdf, with one exception - spikes are not yet accounted for automatically, but I'm working on it.

Seeing both hourly and daily channels simultaneously has been an eye-opener for me - perhaps it will be for others as well.
Attached File(s)
File Type: zip SRDC.zip   10 KB | 849 downloads
Old Benjamin was right
  • #1,391
  • Dec 20, 2006 8:59am Dec 20, 2006 8:59am
Indicators mentioned above:
Attached Image
Old Benjamin was right
  • #1,392
  • Dec 20, 2006 9:53am Dec 20, 2006 9:53am
Isn't that classic ? Thank you master Orange Roshan
Attached Image
  • #1,393
  • Dec 20, 2006 10:14am Dec 20, 2006 10:14am
Unless OR scratches this post, what I'm posting now, should be considered the
"standard" rule to draw the 1 hour channel.

I hope that by doing this we will all be looking at the same charts and
channels, avoiding many questions and confusion.

This morning while we were in the TS session, and because the market was really
slooooow, I decided to test the 5 min.

After almost going crazy with the test, I realized that since we introduced the
micro channel 5 min. we've been drawing micro channels in the 1 hour too, thus
missing the real direction of the main trend and making it almost impossible to
understand because, sometimes, we all have a different one.

Let's put it this way, as of now and as long as there's is no clear trade in the
1 hour, I consider the 5 min the "kiss of death". Use it sparingly!

The 1 hour channel must be drawn as is stated in the manual, this is, from
previous day 00:00 to beginning of the new day 00:00.

Reason is simple, this is the main trend going on!

In days like yesterday, where price went outside the channel, we can/must draw
a micro-channel to follow price or pull the channel as price evolves in the
chart, as it's also explained in the manual, but at 00:00, starting the new day,
we have to pull our 1 hour "main" channel and all makes sense again.

See these examples below:

http://picnac.com/images/43371hourchannel-tue.gif

http://picnac.com/images/32481hourchannel.gif

http://picnac.com/images/75611hourchannel-micro.gif


Hope we all agree!

Henry

PS: Lou, great work!!

PPS: Wilma, this post is for you. You were right with your channel!
  • #1,394
  • Dec 20, 2006 10:34am Dec 20, 2006 10:34am
Hi team,

Here is how I harvest 400+ pips today.
Orange, Full of Vitamin C.... Good for you
Attached Image
Change Your Thinking. Change Your Life - JD
  • #1,395
  • Dec 20, 2006 10:43am Dec 20, 2006 10:43am
Quoting Lou G
The attached indicators will draw the 1 hour AND the 1 day channels on a 1 hour chart. The indicators are drawn to the specifications given in the latest SRDF II pdf, with one exception - spikes are not yet accounted for automatically, but I'm working on it.

Seeing both hourly and daily channels simultaneously has been an eye-opener for me - perhaps it will be for others as well.
Thank you very much Lou, sure takes the guessing game out for me. Can I use this one for 15 min charts also?
Steve
  • #1,396
  • Dec 20, 2006 10:51am Dec 20, 2006 10:51am
Quoting behof
Hi Folks !

On the attached 4h chart CCI is changing direction !
Stay alert for a coming uptrend...

Greetings

Bernhard
Behof,

Pls change your chart as I dont endorsed RSI here.

Thanks.

618000000 Jedi pips fine!
Change Your Thinking. Change Your Life - JD
  • #1,397
  • Dec 20, 2006 10:51am Dec 20, 2006 10:51am
Quoting Lou G
The attached indicators will draw the 1 hour AND the 1 day channels on a 1 hour chart. The indicators are drawn to the specifications given in the latest SRDF II pdf, with one exception - spikes are not yet accounted for automatically, but I'm working on it.

Seeing both hourly and daily channels simultaneously has been an eye-opener for me - perhaps it will be for others as well.
Amazing work! Can you enable the 15 tf please? that would be awesome!
  • #1,398
  • Dec 20, 2006 11:16am Dec 20, 2006 11:16am
Quoting Miguel
Amazing work! Can you enable the 15 tf please? that would be awesome!
Miguel and Steve - I'm hesitant about adding the 15 minute only because I really hate busy charts. I'll explore the possibility when I get time but my main focus now is dealing with the spikes on the H1 chart.
Old Benjamin was right
  • #1,399
  • Dec 20, 2006 11:28am Dec 20, 2006 11:28am
Nice work! Lou. I haven't gotten much time to improve I-LRC lately, yours indicator seems to capture the trend pretty well.



Quoting Lou G
Indicators mentioned above:
Target: Trading naked.
  • #1,400
  • Dec 20, 2006 11:44am Dec 20, 2006 11:44am
Quoting Lou G
Miguel and Steve - I'm hesitant about adding the 15 minute only because I really hate busy charts. I'll explore the possibility when I get time but my main focus now is dealing with the spikes on the H1 chart.
I did not mean to have all one one chart, just an indicator for the 15 minute chart that draws the channel properly. Thank you.
Steve
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