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SRDC II Channel of the day 74 replies

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SRDC Episode II

  • #1,721
  • Dec 29, 2006 3:40am Dec 29, 2006 3:40am
Jest
Please tell me what you think
I feel that the 15M candles of 20.45 GMT and 22.45 GMT are special
Tray uniting the low of the 20.45 GMT with the high of 22.45.
I feel the key one is the 22.45 GMT

Paco
  • #1,722
  • Dec 29, 2006 3:48am Dec 29, 2006 3:48am
Quoting Panjan
GBP is at Q4,..I'm long at 1.9612 with 30SL. We'll see............
When you were at Q4, I was at Q3 and not far from the Median
I am waiting for the price to cross the Median and the Fibo pivot to enter if CCI is positive
  • #1,723
  • Dec 29, 2006 5:24am Dec 29, 2006 5:24am
Quoting rojotopo
When you were at Q4, I was at Q3 and not far from the Median
I am waiting for the price to cross the Median and the Fibo pivot to enter if CCI is positive
Rojo,

I draw my channel manually. I love it especially today when Master Roshan post his chart (post #1713) and mine looks like that too.

Took profit at 9650. Long again at 9612 but with very tight SL. Hope it works...

Good trading
Shah For every action there is an equal and opposite reaction.....
  • #1,724
  • Dec 29, 2006 5:31am Dec 29, 2006 5:31am
Chart..
Attached Image
Shah For every action there is an equal and opposite reaction.....
  • #1,725
  • Dec 29, 2006 6:02am Dec 29, 2006 6:02am
Quoting rojotopo
When you were at Q4, I was at Q3 and not far from the Median
I am waiting for the price to cross the Median and the Fibo pivot to enter if CCI is positive
I am also in the middle of Q3 now (1.9608), at 9am EST.

I wish we had a UNIFORM rule to draw those channels. When I look at other charts from you all, I feel discouraged that I never get this right, even so I always check with TeamSpeak.

My 1hr channel starts at 12/26 06:00 - 12/28 23:00 (Interbank time)
Steve
  • #1,726
  • Dec 29, 2006 6:13am Dec 29, 2006 6:13am
Hi could some one help please when i go to download teamspeak which download do i use client 2 or sever 2.

With many thanks

David-T
  • #1,727
  • Dec 29, 2006 6:26am Dec 29, 2006 6:26am
Quoting ptejerina


Hi Pipsteve,

Here is another link for trading charts by John Murphy's Chart School:

http://stockcharts.com/education/Cha...rendlines.html

Remember this is the classical way of drawing trendlines. Orange´s trendlines are somehow unique and his own, so let's try to understand them from his charts.

-Pablo.
Steve,

Remember this link..? It's really helped me in drawing my own channel properly. Try to look for point trendline 'validation'.

BTW,I got stopped for my second attempt. Need to master the trend breakout signal. Anybody happy help....pls.

I saw the 'big boy' signal at 1.9650 to short 15m but just got no gut....

happy trading
Shah For every action there is an equal and opposite reaction.....
  • #1,728
  • Dec 29, 2006 7:00am Dec 29, 2006 7:00am
Quoting David-T
Hi could some one help please when i go to download teamspeak which download do i use client 2 or sever 2.

With many thanks

David-T
Get the client.
Steve
  • #1,729
  • Dec 29, 2006 7:15am Dec 29, 2006 7:15am
I don not know if this candle is special, but it seems so...

Paco
Attached Image
  • #1,730
  • Dec 29, 2006 7:15am Dec 29, 2006 7:15am
Take a look at this chart. I drew some trendlines using the last 6 candles of the previous day on the 15 min chart. Notice how those trendlines from the last 6 candles have nailed the high and low thus far today....hmmmm, very interesting. DISCLAIMER: I am not a trendline expert but am quickly becoming one by practicing drawing trendlines using high points, low points, etc. and watching which ones are effective and which ones aren't. Trading live off of trendlines without practice may cause nausea, diarrhea or a number of other digestive tract ailments.

Cheers,
Jeff

Yoda wisdom for the day: "Do or Do Not, there is No Try."
Attached Image
  • #1,731
  • Dec 29, 2006 7:34am Dec 29, 2006 7:34am
Quoting investingjeff
Trading live off of trendlines without practice may cause nausea, diarrhea or a number of other digestive tract ailments.

Cheers,
Jeff

Yoda wisdom for the day: "Do or Do Not, there is No Try."
Johann Channels and cycles are everything
  • #1,732
  • Dec 29, 2006 7:58am Dec 29, 2006 7:58am
Thanks pipSteve

David-T


Quoting PipSteve
Get the client.
  • #1,733
  • Dec 29, 2006 8:39am Dec 29, 2006 8:39am
Quoting investingjeff
Take a look at this chart. I drew some trendlines using the last 6 candles of the previous day on the 15 min chart. Notice how those trendlines from the last 6 candles have nailed the high and low thus far today....hmmmm, very interesting. DISCLAIMER: I am not a trendline expert but am quickly becoming one by practicing drawing trendlines using high points, low points, etc. and watching which ones are effective and which ones aren't. Trading live off of trendlines without practice may cause nausea, diarrhea or a number of other digestive tract ailments.

Cheers,
Jeff

Yoda wisdom for the day: "Do or Do Not, there is No Try."
With the last 6 candles you get well the two tops of today, but not so well the low
I guess taking into account the candle of 22.45 GMT you get better the highs and lows, taking also into account the last sixth candle
At least with my chart

Paco
  • #1,734
  • Dec 29, 2006 8:44am Dec 29, 2006 8:44am
I hope you don't mind this unrelated post, but this is too good.

Unlimited, never expires, file storage/sharing!! Wow.
Maybe we can use for our ever growing charts....

http://www.divshare.com/

I found it here:
http://www.lifehacker.com/software/o...age-224771.php
Steve
  • #1,735
  • Dec 29, 2006 9:14am Dec 29, 2006 9:14am
Quoting compro99
...To me, drawing channel is not enough, see price moving in HH,HL,LL and LH and projected TL...!
Agree CP. I believe Orange stated as such also: Price Action and reading it is what we are after. All that studying squiggly lines on our computer screens for hours a day will pay off!

Hey all, Happy PreNewYear Weekend ; )
Thom
  • #1,736
  • Dec 29, 2006 9:19am Dec 29, 2006 9:19am
Quoting 4rex
...I now have a way to receive a text message through my cell phone. ...Hope this helps. Unless you want to buy a Pillow w/speakers
LOL 4rex, thx for the kudos and your well explained setup instructions. Glad it is helping out. Some times when i'm really tired and don't know if my pillow speaker will wake me from my slumber i even have my phone under my pillow on vibrate alert...That'll get you up!! grin.

Cheers,
Thom
  • #1,737
  • Dec 29, 2006 9:24am Dec 29, 2006 9:24am
Just cooked a spaghetti dish for this morning.
Attached Image
Target: Trading naked.
  • #1,738
  • Edited 10:12am Dec 29, 2006 10:02am | Edited 10:12am
Quoting rojotopo
Jest
Please tell me what you think
I feel that the 15M candles of 20.45 GMT and 22.45 GMT are special
Tray uniting the low of the 20.45 GMT with the high of 22.45.
I feel the key one is the 22.45 GMT

Paco
Hi Rojotopo...
sry for late reply...din see any significant candles...but these could have passed off and guide ur trades for the day...i mad some pips scalping at the bottom there
Attached Image
  • #1,739
  • Dec 29, 2006 10:11am Dec 29, 2006 10:11am
look at the red TL.
Attached Image
Target: Trading naked.
  • #1,740
  • Dec 29, 2006 12:03pm Dec 29, 2006 12:03pm
Quoting aha
Just cooked a spaghetti dish for this morning.
Very good jest Aha.

LOL, then there is your ever present sig file that states:

"Target: Trading naked"


... I can just picture it, trading naked eating spaghetti for breakfast. What will your neighbors say?
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