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SRDC Episode II

  • #1,921
  • Jan 3, 2007 6:53am Jan 3, 2007 6:53am
Quoting investingjeff
Just my 2 cents.

Cheers,
Jeff
Jeff, that was worth more then 2 cents to me. Thank you so much for that, that really gave me a clear picture, and much needed motivation to keep on testing, as many of my trades seem to go the other way.....

Thank you again!!
Steve
  • #1,922
  • Jan 3, 2007 7:40am Jan 3, 2007 7:40am
Hi Jeff, very very good post this is what we all need to hear and learn.

David-T


Quoting PipSteve
Jeff, that was worth more then 2 cents to me. Thank you so much for that, that really gave me a clear picture, and much needed motivation to keep on testing, as many of my trades seem to go the other way.....

Thank you again!!
  • #1,923
  • Jan 3, 2007 10:41am Jan 3, 2007 10:41am
good to see you again cbrock....This was a good day....yes yes a good day
  • #1,924
  • Edited 1:36pm Jan 3, 2007 12:31pm | Edited 1:36pm
For those of you who joined us in TS Room aka Pipville, thanks for another great trading day. If you missed it you can still get the highlights in here. OrangeRoshan took time to visit and teach us more about his awesome method. We started by trading "the channel" from quad. 1 down to the median and beyond. We later took our SRDC I trade, and after a little tense time for the newbies it paid off big. Trading SRDC I or advanced daily will guarantee you many pips. There may be a day you might lose but overalll you will be a big winner. We watched the news and took a few pips off the bounce. Everything we did today was taught in this thread and in the SRDC I thread for free. Please read the threads, the manual and then practice. Join us in the TS Trading Room and watch trades in action. We call our trades as we make them and then you can see that when we say we made 40, 50 or 100 pips, we are telling the truth. It is the Rule in TS (call your trade if you are going to boast about your pips). It is not a contest, it is people helping others to be sure about their trades and to make sure that they consider everything before they push the button.

Join us in the SRDC Teamspeak room starting in London session and on into New York and beyond. Everyone is welcome!

Traderbill
  • #1,925
  • Jan 3, 2007 1:41pm Jan 3, 2007 1:41pm
Just thinking about where the channel could be drawn for tomorrow. What do you think about this?
Attached Image
  • #1,926
  • Jan 3, 2007 2:30pm Jan 3, 2007 2:30pm
Quoting Traderbill07
Just thinking about where the channel could be drawn for tomorrow. What do you think about this?
Thank you Bill, I find that very helpful. Could that be a daily routine?
Steve
  • #1,927
  • Jan 3, 2007 2:47pm Jan 3, 2007 2:47pm
Quoting Traderbill07
For those of you who joined us in TS Room aka Pipville, thanks for another great trading day. If you missed it you can still get the highlights in here. OrangeRoshan took time to visit and teach us more about his awesome method. We started by trading "the channel" from quad. 1 down to the median and beyond. We later took our SRDC I trade, and after a little tense time for the newbies it paid off big. Trading SRDC I or advanced daily will guarantee you many pips. There may be a day you might lose but overalll you will be a big winner. We watched the news and took a few pips off the bounce. Everything we did today was taught in this thread and in the SRDC I thread for free. Please read the threads, the manual and then practice. Join us in the TS Trading Room and watch trades in action. We call our trades as we make them and then you can see that when we say we made 40, 50 or 100 pips, we are telling the truth. It is the Rule in TS (call your trade if you are going to boast about your pips). It is not a contest, it is people helping others to be sure about their trades and to make sure that they consider everything before they push the button.

Join us in the SRDC Teamspeak room starting in London session and on into New York and beyond. Everyone is welcome!

Traderbill
Hi Bill,

Thanks for the recap of the action on Wednesday. I've missed most of Orange's visits the past few days. Has any one recorded his lessions. I would really like to get a copy of the recordings if possible or will some one post them on Accrete's website?
Dave If you can't swim with the sharks stay out of the water!
  • #1,928
  • Edited 4:55pm Jan 3, 2007 2:59pm | Edited 4:55pm
Hey guys.

1st of all thanks for Jedi Master Orange for helping noobs (and experienced) like me trading and understanding the concepts of forex traiding.

I'm a noob and I'm a bit confused with the last part of the level 2 system, the one that includes Fibos and all those channels...

I cant help anyone with my experience, but I want to learn with the more experienced.
Can I join Teamspeek around 00:00GMT ?

whats the TS server?

Regards


Edit: Allready found the server, thanks anyway
  • #1,929
  • Jan 3, 2007 5:08pm Jan 3, 2007 5:08pm
Quoting Traderbill07
Just thinking about where the channel could be drawn for tomorrow. What do you think about this?
The channel looks mighty fine Bill. Personally i like to see connected TLs. So id use the price retracement swing at the lower channel to be my channel guide. Happy pipping guys!

See you guys in TS US Session!
  • #1,930
  • Jan 3, 2007 5:47pm Jan 3, 2007 5:47pm
playing with trend lines here.....could this be our next high....this line touches many wicks exactly. I am looking at the trend line as it crosses through the channel i have drawn......just a thought.

http://i144.photobucket.com/albums/r...ec26160-14.gif
  • #1,931
  • Jan 3, 2007 5:52pm Jan 3, 2007 5:52pm
taking a closer look i see that this trend line intersects the fibo 50% retracement exactly...."is this a coincedince, I don't think so."

http://i144.photobucket.com/albums/r...ec26160-15.gif
  • #1,932
  • Edited 8:48pm Jan 3, 2007 6:36pm | Edited 8:48pm
Quoting Bobokus
Anyone wanna comment , here is my estimate
Hi, Bobokus,

I admire your charts, they are simple, easy readable and very accurate; it's a pleasure to look at them. One more observation. Did you notice on this H1 chart, when price went to the lowest hitting the bottom CCI Ergodic actually was in divergence with the price, CCI was going up. That's a good assurance that it's time to buy. Hope you made good trade. It is not accurate on M15 charts, though.

Good luck to you in 2007 and many pips!
L.
  • #1,933
  • Jan 3, 2007 8:07pm Jan 3, 2007 8:07pm
Quoting preacher165
taking a closer look i see that this trend line intersects the fibo 50% retracement exactly...."is this a coincedince, I don't think so."
Glen,

you know I was looking at the same thing and the price confirms itself by your H1 trendline and the trendline drawn between the 6th candle and the low of the day on M15.

Another coincedence
Attached Image
  • #1,934
  • Jan 3, 2007 8:11pm Jan 3, 2007 8:11pm
Quoting Traderbill07
Just thinking about where the channel could be drawn for tomorrow. What do you think about this?
Traderbill07,

It's quite a nice chart you've there. But I see differently though. Cause from what I've learned, to draw a trend line (if upward trend) at least you need 2 low point on the line and 3 for validation. If downtrend, then you two high point to be on the line and 3 is better for validate the line.

Pls don't get me wrong. It just my feedback and I could be wrong as I always used to be.

Happy Trading

P/s : is good to draw 2/3 channel for comparison. Wrong channel will put us at wrong quadrant (Q1, Q2...) and it's quite risky to trade.


Just my $0.02

sincerely

shah
Shah For every action there is an equal and opposite reaction.....
  • #1,935
  • Jan 3, 2007 8:45pm Jan 3, 2007 8:45pm
Quoting preacher165
good to see you again cbrock....This was a good day....yes yes a good day
LOL
I told you Glen. God works in many myterious ways.

The Dark Force was trembling yesterday as many Padawans and Jedis was celebrating victory!!
Change Your Thinking. Change Your Life - JD
  • #1,936
  • Jan 3, 2007 9:14pm Jan 3, 2007 9:14pm
Thanks for the comments...Lietuve. Took a long position on the retracement, lookin fer the 9565 range.
Attached Image
  • #1,937
  • Jan 3, 2007 10:36pm Jan 3, 2007 10:36pm
Quoting investingjeff
I
Please do not misinterpret this -- we are all happy to help anyone at anytime! Orange has set the tone of this thread and it is one of optimism, compassion, fellowship, and teamwork. If you want to get the most out of your time spent learning this method, you must trip and fall on your own and let your fellow padawans/jedi's help you back up and set you back on the path.

Just my 2 cents.

Cheers,
Jeff
Jeff,

Thanks for the excellent post. We all need the encouragement and ideas to hone our channel drawing skills.

Guken
  • #1,938
  • Jan 3, 2007 10:58pm Jan 3, 2007 10:58pm
Quoting Bobokus
Thanks for the comments...Lietuve. Took a long position on the retracement, lookin fer the 9565 range.
Hi Bobo,

Thats a valid trade call u have there...u'll surely pip that one.

Some 2pips...which u proly wanna consider.
I think we already have enuff data to begin our channel at the week's start (short week though). I would proly choose to draw the channel at the beginning of the week like Bill's channel. Yes you will have a narrower channel but its better coz narrow channels tend to catch better breakouts and bounce. The bigger long term channels are better at giving you a diffused view of the trend and spotting critical support points. Happy pipping!
  • #1,939
  • Jan 3, 2007 11:31pm Jan 3, 2007 11:31pm
Thanks for your advice
It's great to be here!
I give you three TL I drew

Paco
Attached Image
  • #1,940
  • Jan 3, 2007 11:58pm Jan 3, 2007 11:58pm
Quoting downunderdave40
...Has any one recorded his lessions. I would really like to get a copy of the recordings if possible or will some one post them on Accrete's website?
Hi gang. During the ramp up of the TS room i was able to get in there nearly every nite due to a lighter schedule on my end. . . then "life" happened. grin. Anyway, when i edited those early TS sessions i quickly realized my ability to continue doing so myself every session was just a dream. As mentioned in a prior post an eight hour TS session is many hundreds of megs of data (last nites is 1.1 gigs), and then there is the time needed to literaly spend at least half the real time to cut out the empty space and possibly just get to the hot spots where Orange or a member had some good tips to share. I can commit to possibly recording and editing ONE TS session, but if there is going to be a substatial archive on the web (at the future SRDC site or elsewhere) it will take a team effort! Any suggestions on how we might go about this for the SRDC family is welcomed.

Cheers,
Thom
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