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SRDC Episode II

  • #1,801
  • Dec 30, 2006 9:21pm Dec 30, 2006 9:21pm
Quoting jest1081
OR , Sakai Sushi is singaporean, Douglas Foo. Very down to earth man...hehehe

Cbrock, i think he just gave u the answer..
call me dumb, translate what OR said?

  1. Bull
  2. Bear
  3. wait for the candles?

  • #1,802
  • Dec 30, 2006 9:28pm Dec 30, 2006 9:28pm
hahaha, bro i bolded the keywords...OR likes to write codes. If i had analysed properly all his posts, he usually answers you that way until the price shows itself then he will indicate.
  • #1,803
  • Dec 30, 2006 9:33pm Dec 30, 2006 9:33pm
Quoting cbrock5000
So Orange, which way do you think this is going? We are all working to analyze here and now waiting for the teacher to grade our homework. Thank you in advance.

I thought from Roshan's words that he think bear trend is the way to go for GBP..

His reply to traderlimiss tells all...
The future depends on what we do in the present.
  • #1,804
  • Dec 30, 2006 10:27pm Dec 30, 2006 10:27pm
Quote
Just keep your umbrella ready. Keep watching the skies. You dont have to walk around with an open umbrella. Only when it rains you take the umbrella out. Either way, you will not get wet! - OR

This statement really make me feel at ease.

Quote
But the next candle is so deadly predictable! I cant help saying it!

But not this one....hmmmm

may be it just his style for us to really learn the channel trading / price analysis

Happy New Year
Don't drink n drive
Shah For every action there is an equal and opposite reaction.....
  • #1,805
  • Dec 30, 2006 10:28pm Dec 30, 2006 10:28pm
Compro, the last chart u posted..thay have sr-lines on it...thats very interesting. Would you care to share it? i would like to see how it respond to PA. Thanks
  • #1,806
  • Dec 30, 2006 10:37pm Dec 30, 2006 10:37pm
Quoting jest1081
Compro, the last chart u posted..thay have sr-lines on it...thats very interesting. Would you care to share it? i would like to see how it respond to PA. Thanks

Here we go...

Ya, it works the same as Demark New Trend.mq4 default setting. I was looking to make this indicator to change LevDP just like Demark New Trend.mq4. Any ideas ?
Attached File(s)
File Type: mq4 Support and Resistance (Barry).mq4   2 KB | 538 downloads
The future depends on what we do in the present.
  • #1,807
  • Dec 30, 2006 10:47pm Dec 30, 2006 10:47pm
its amazing how many trades it could give you scalping off SR breaks. on adowntrend, it shows that you could take much from just playing broken Support and vise versa...hmm. I would be raking pips off that weekly chart man! pls pm me to futher discuss..this thread is supposed to be exclusively channel trading discussion. sorry.
  • #1,808
  • Dec 30, 2006 10:52pm Dec 30, 2006 10:52pm
Quoting jest1081
its amazing how many trades it could give you scalping off SR breaks. on adowntrend, it shows that you could take much from just playing broken Support and vise versa...hmm. I would be raking pips off that weekly chart man! pls pm me to futher discuss..this thread is supposed to be exclusively channel trading discussion. sorry.

great, jest has more ideas for scalping

I like pips
  • #1,809
  • Dec 30, 2006 11:17pm Dec 30, 2006 11:17pm
haha cbrock at the end of e day, its just variable SR points...just need to becktest its validity, straddling would proly be the best strategy for this indicator...i really dun know yet. We'll have to see.
  • #1,810
  • Dec 30, 2006 11:27pm Dec 30, 2006 11:27pm
off the records, since its the holidays, lets discuss this, has anyone tried to do an sr4c 1 and sr1c 1? hahaha...it could proly pips the 5 min scalpers...gives u more signals than waiting for srdc 1 to happen. Just rambling ideas...its always easier to make 5 pips so multiple sr signals off the 4hr and 1hr using the basic terminolgy of srdc 1 could pips u 5pip x3 haha
  • #1,811
  • Dec 30, 2006 11:37pm Dec 30, 2006 11:37pm
Quoting jest1081
off the records, since its the holidays, lets discuss this, has anyone tried to do an sr4c 1 and sr1c 1? hahaha...it could proly pips the 5 min scalpers...gives u more signals than waiting for srdc 1 to happen. Just rambling ideas...its always easier to make 5 pips so multiple sr signals off the 4hr and 1hr using the basic terminolgy of srdc 1 could pips u 5pip x3 haha
hey jest, can you explain what you mean by the highlighted part?
I understood the rest.
  • #1,812
  • Dec 30, 2006 11:41pm Dec 30, 2006 11:41pm
srdc uses the hl of daily charts...

have we considered hl of 4hr charts
or even the 1hr charts?

look on...and see what OR has given to u guys.... in a golden platter...we just have to get creative..
  • #1,813
  • Dec 31, 2006 12:18am Dec 31, 2006 12:18am
Quoting jest1081
srdc uses the hl of daily charts...

have we considered hl of 4hr charts
or even the 1hr charts?

look on...and see what OR has given to u guys.... in a golden platter...we just have to get creative..
interesting idea, thanks jest, will study

srdc H4
srdc H1

BTW, some good posts by OR on another FF forum:
http://www.forexfactory.com/forexfor...8&postcount=24

http://www.forexfactory.com/forexfor...3&postcount=34
  • #1,814
  • Dec 31, 2006 12:28am Dec 31, 2006 12:28am
Quoting cbrock5000
interesting idea, thanks jest, will study

srdc H4
srdc H1

BTW, some good posts by OR on another FF forum:
http://www.forexfactory.com/forexfor...8&postcount=24

http://www.forexfactory.com/forexfor...3&postcount=34
yeap think of it....with srdc, how had is it to make 5 pips? now we got the 4hr and 1hr...pipping pipalicious...dang im starting send out OR-ish verbs.
  • #1,815
  • Edited 1:19am Dec 31, 2006 12:46am | Edited 1:19am
Quoting jest1081
yeap think of it....with srdc, how had is it to make 5 pips? now we got the 4hr and 1hr...pipping pipalicious...dang im starting send out OR-ish verbs.

I did some excel calculation. If u can pip 4 to 7% per day by spliting yr trading/MM between 2 currencies. U can see the power of compounding.

That is provided u have high Win/Loss ratio trades.

We need to set daily, weekly, mthly and quarterly and yearly goals. OR said, goals gave u discipline and objectivity. This is business.
The future depends on what we do in the present.
  • #1,816
  • Dec 31, 2006 12:53am Dec 31, 2006 12:53am
so what are the two currencies that you guys wanna take? Proly cbrock and bill could be initiated as stake holders hehehe. cable and euro hehehe
  • #1,817
  • Dec 31, 2006 2:21am Dec 31, 2006 2:21am
Quoting jest1081
its amazing how many trades it could give you scalping off SR breaks. on adowntrend, it shows that you could take much from just playing broken Support and vise versa...hmm. I would be raking pips off that weekly chart man! pls pm me to futher discuss..this thread is supposed to be exclusively channel trading discussion. sorry.
Its SRDC I advanced strategy Part 5.
Change Your Thinking. Change Your Life - JD
  • #1,818
  • Dec 31, 2006 2:23am Dec 31, 2006 2:23am
Quoting cbrock5000
call me dumb, translate what OR said?

 

  1. Bull
  2. Bear
  3. wait for the candles?



Hehehehe... LOL. You are not dumb you are just excited!!
Look at the pattern of the bearish channel and the orange coured triangle. Im sure you can guess it.



LOL...... Happy New Year Chris!!
Change Your Thinking. Change Your Life - JD
  • #1,819
  • Dec 31, 2006 2:24am Dec 31, 2006 2:24am
Quoting compro99
Here we go...

Ya, it works the same as Demark New Trend.mq4 default setting. I was looking to make this indicator to change LevDP just like Demark New Trend.mq4. Any ideas ?
Good Idea!! Put some alerts as well.
Change Your Thinking. Change Your Life - JD
  • #1,820
  • Edited 12:20pm Dec 31, 2006 5:13am | Edited 12:20pm
Does 2.0268 sound like a realistic target?

Edit:
I think 2.0565 is a more likely target. What do you think?


Quoting OrangeRoshan
Hi Team,

As the year 2007 closely approaching us, I took the liberty of doing some very basic ORC analysis.

The last 6th candles of November tells us something about the size of candles at the end of 2006 and early 2007. I drew a channel parallel to this Trendline and it gave me an early warning of a breakout.

When the candles is bearish, it will most probably obey the bearish channel, but otherwise when its a bullish Tuesday & Wednesday candles, it will follow the Bullish channel.

I wont tell you, but heres a clue. Study the pattern of Dec candles.

Use the force....
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