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Attachments: SRDC Episode I
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SRDC Episode I

  • #901
  • Edited 2:37pm Jan 8, 2007 2:22pm | Edited 2:37pm
Thanks for posting that photo/chart. I'm missing that small Sunday bar which gave you two entries. But you'll notice how the low on Monday and Friday were almost equal. I'm thinking that could've been another breakout possibly if it penetrated(which technically I have no entries today, but tonight!). Doing a quick look at two Sunday/Monday's in early December, I think it still worked this way.
Which has me wondering if more than one entry is possible, especially on the first trading day of the week.

I am getting very very ahead of myself, as usual. I am just happy to see how the results of this week will go. I've enjoyed reading a lot of the posts. This does look very intersting. I will keep a watch on my theory, unless someone did beat me to it.

Also on my charts, we may have bounced off the 23.6% fibo.
  • #902
  • Jan 8, 2007 4:11pm Jan 8, 2007 4:11pm
This one is dated Jan 2nd and was recorded and edited by Pablo... A huge thanks goes out to Pablo for editing this as i know how time consuming it can be. THANK YOU PABLO!!

Now for the cool stuff, this file is a must hear. Orange was discussing some money manegement ideas and also of the importance of learning and trading SRDC I.

20070102aOR.wav. Please "Save Target As" and save to your HD rather than listening to it directly off my server. : )

Other audio files can be found at the presentations page at our SRDC resource page.

Cheers,
Thom

PS, Any who wish to follow Pablo's helpful example, Thank You In Advance. Just send the edited compressed file to me via email. (The file should be somewhere around 6 megs for a 1 hour session. If the file runs much over that let's split them up into multiple smaller files?).
  • #903
  • Jan 8, 2007 5:56pm Jan 8, 2007 5:56pm
Quoting OrangeRoshan
Hi Team,

Its been a very good day for SRDC I traders. Today's candle is exactly the opposite of the Sunday's candle. It penetrated both the Resistence and Support.

I hope you guys didnt forget to get into this trade?

OR
Mr. Roshan,

It seems you're sill holding the long position from the sunday bar and me...I'm out after 20pips. Pls share some tips with me or what steps should I take to have more confidence to hold my position.

Thank you in advance

shah
Shah For every action there is an equal and opposite reaction.....
  • #904
  • Jan 8, 2007 6:15pm Jan 8, 2007 6:15pm
Quoting Panjan
Mr. Roshan,

It seems you're sill holding the long position from the sunday bar and me...I'm out after 20pips. Pls share some tips with me or what steps should I take to have more confidence to hold my position.

Thank you in advance

shah
Listen to the last part of TS recording today, how SRDC II daily channel integrated with SRDC I.

p/s dont mind about the GAS LEAK joke... LOL!!!!

OR
Change Your Thinking. Change Your Life - JD
  • #905
  • Jan 8, 2007 8:20pm Jan 8, 2007 8:20pm
Hi Thom,

I can't play the wav file with winamp, is it because I need some codec?

aha


Quoting accrete
This one is dated Jan 2nd and was recorded and edited by Pablo... A huge thanks goes out to Pablo for editing this as i know how time consuming it can be. THANK YOU PABLO!!

Now for the cool stuff, this file is a must hear. Orange was discussing some money manegement ideas and also of the importance of learning and trading SRDC I.

20070102aOR.wav. Please "Save Target As" and save to your HD rather than listening to it directly off my server. : )

Other audio files can be found at the presentations page at our SRDC resource page.

Cheers,
Thom

PS, Any who wish to follow Pablo's helpful example, Thank You In Advance. Just send the edited compressed file to me via email. (The file should be somewhere around 6 megs for a 1 hour session. If the file runs much over that let's split them up into multiple smaller files?).
Target: Trading naked.
  • #906
  • Jan 8, 2007 9:18pm Jan 8, 2007 9:18pm
Quoting aha
Hi Thom,

I can't play the wav file with winamp, is it because I need some codec?

aha
I was having the same problem before. If you are using windows try open it with windows media player, it works well to me. And make sure the file size you are downloading is correct. Hope it helps.
  • #907
  • Jan 8, 2007 10:18pm Jan 8, 2007 10:18pm
Thank you Begajul, I tried media player and it worked. Just curious what 's up with winamp and wav format.



Quoting begajul
I was having the same problem before. If you are using windows try open it with windows media player, it works well to me. And make sure the file size you are downloading is correct. Hope it helps.
Target: Trading naked.
  • #908
  • Jan 9, 2007 2:34am Jan 9, 2007 2:34am
crazy on the .wav formatt. Mine plays in both win amp and WMPlayer from the site download. guess my machine has some codex already on them?? I've done nothing to them to tweak the audio playback features. The reason i go with the wave file is i can compress them even a bit further down than the original .mp3 file that was sent to my by Pablo/ptejerina. His file was 6.47 and the one i uploaded after a quick post edit/compression was 6.07 set to 16kBit / 16KHz / Mono / 1kb/sec sampling

: ) Thom
  • #909
  • Jan 9, 2007 6:16am Jan 9, 2007 6:16am
Quoting aha
Hi Thom,

I can't play the wav file with winamp, is it because I need some codec?

aha
You can download this free utility http://www.headbands.com/gspot/ to check the missing codec & download it for you. Or you can download http://www.free-codecs.com/download/...Codec_Pack.htm which has nearly all the codecs available.

Richard
  • #910
  • Jan 9, 2007 6:33pm Jan 9, 2007 6:33pm
SRDC 1 IS GREAT !!!!!!!!!!!!!!!!!!!!!!!!!!!!

Short @ 84

Exit @ 55

29 PIPTASTIC PIPS

Thanks Orange
  • #911
  • Jan 9, 2007 8:02pm Jan 9, 2007 8:02pm
Quoting cbrock5000
SRDC 1 IS GREAT !!!!!!!!!!!!!!!!!!!!!!!!!!!!

Short @ 84

Exit @ 55

29 PIPTASTIC PIPS

Thanks Orange
Hi Cbrock5000,

SRDC looks the goods !!
GBP, EUR and CHF so far !! Still waiting for AUD and JPY.

Regards,
GGR
  • #912
  • Jan 9, 2007 8:16pm Jan 9, 2007 8:16pm
Quoting GGR
Hi Cbrock5000,

SRDC looks the goods !!
GBP, EUR and CHF so far !! Still waiting for AUD and JPY.

Regards,
GGR
way to go, it looks like you took all three trades.

THAT'S AWESOME

I assume you are using automatic entries?

Are you using automatic or manual exits?

Share some of your experience with us. Thank you,

CONGRATULATIONS!
  • #913
  • Jan 9, 2007 8:27pm Jan 9, 2007 8:27pm
Quoting cbrock5000
way to go, it looks like you took all three trades.

THAT'S AWESOME

I assume you are using automatic entries?

Are you using automatic or manual exits?

Share some of your experience with us. Thank you,

CONGRATULATIONS!
cbrock5000,

Just keeping it simple.

5 pip target.

My main concern lies with the 1 in 10 or 1 in 20 trades that results in a loss - it can wipe out 10 profit trades based on 50 pip SL.

In SRDC ADV (EA by Skyline) Honourable Orange Roshan was pointing to the 2nd closed candle above S or R for entry.

I am still liking the original SRDC a bit better (immediate S or R break per SRDC instruction)

I am still looking for filter for the 1 in 10 /1 in 20 trades that goes results in a loss.

Any Ideas ?

It's the 6 Million dollar question !

Cheers,

GGR
  • #914
  • Jan 9, 2007 8:45pm Jan 9, 2007 8:45pm
Keep watching the 'price action' when they are about break the daily high/low. You might get the answer and you might not need 50SL.

Keep watching......


shah
Out of the Dark Side.
Shah For every action there is an equal and opposite reaction.....
  • #915
  • Jan 9, 2007 9:21pm Jan 9, 2007 9:21pm
Quoting Panjan
Keep watching the 'price action' when they are about break the daily high/low. You might get the answer and you might not need 50SL.

Keep watching......


shah
Out of the Dark Side.
Hey,

I found this attachment on trading support and resistance on the daily using lower time frames. It is not part of "OR's" method but may prove useful.

Alex
Attached File(s)
File Type: doc S&R trading.doc   303 KB | 1,247 downloads
  • #916
  • Jan 9, 2007 9:40pm Jan 9, 2007 9:40pm
This week it has been SRDC I as the big winner in the Teamspeak room. We have been able to capture pips each day. We now have a SRDC I room that is moderated by 4rex, Ziggy43 and Wilma. These users have done a fantastic job in helping the new members make more pips than they ever have before. Big winners tonight in SRDC I room is Pipsteve with 25 pips on both Gpb/Usd and Eur/Usd. Also SunnyJ with 22 quality pips and many others too. Please join us at Teamspeak and take advantage of live help with the great method OrangeRoshan has provided for us.

Good Luck,
Traderbill
  • #917
  • Jan 9, 2007 9:47pm Jan 9, 2007 9:47pm
I've been having a good time on this system so far this week. But I'm concerned about the stop losses too. I'm trying to figure out how wide the swings are until the take profit is reached. As my trades are being executed at the start of Asian, there aren't many huge swings then, so unless it takes 5 hours to get 5 pips, I feel relatively safe

Also, as it's my first full week working on this, I feel werid like I'm missing something. Maybe it's because it's the only system that I currently use where the trade executes and closes without me sitting here.
But anyway, I'm worried the last two days aren't perfectly normal since England had 2 medium economic reports the last 2 days. Today being Consumer Confidence Index.

I want to update at the end of the week because I'm trying to keep some uninteresting statistics on how it's going. And I also tried to demo a crosspair, but I became stopped out by not factoring the spread right on my stoploss. It looks like it would've worked too. Instead it closed after 36 seconds by not doing the order right. Squeeze five pips out of enough pairs, you get more than 5 pips!
  • #918
  • Jan 9, 2007 10:05pm Jan 9, 2007 10:05pm
Quoting techno79
I've been having a good time on this system so far this week. But I'm concerned about the stop losses too. I'm trying to figure out how wide the swings are until the take profit is reached. As my trades are being executed at the start of Asian, there aren't many huge swings then, so unless it takes 5 hours to get 5 pips, I feel relatively safe

Also, as it's my first full week working on this, I feel werid like I'm missing something. Maybe it's because it's the only system that I currently use where the trade executes and closes without me sitting here.
But anyway, I'm worried the last two days aren't perfectly normal since England had 2 medium economic reports the last 2 days. Today being Consumer Confidence Index.

I want to update at the end of the week because I'm trying to keep some uninteresting statistics on how it's going. And I also tried to demo a crosspair, but I became stopped out by not factoring the spread right on my stoploss. It looks like it would've worked too. Instead it closed after 36 seconds by not doing the order right. Squeeze five pips out of enough pairs, you get more than 5 pips!
To me 5pips/day is good enough. Imagine if buy $80/pip then 5*$80 = $400 already per day. That is the average salary of CEO of Big Company in my country.

But if you want double to $800 per day then buy GBP/USD and EUR/USD...
Man...that's a lot..

That's all I need anyway...

Positively pips,
shah
Shah For every action there is an equal and opposite reaction.....
  • #919
  • Jan 9, 2007 10:16pm Jan 9, 2007 10:16pm
Quoting techno79
I've been having a good time on this system so far this week. But I'm concerned about the stop losses too. I'm trying to figure out how wide the swings are until the take profit is reached. As my trades are being executed at the start of Asian, there aren't many huge swings then, so unless it takes 5 hours to get 5 pips, I feel relatively safe

Also, as it's my first full week working on this, I feel werid like I'm missing something. Maybe it's because it's the only system that I currently use where the trade executes and closes without me sitting here.
But anyway, I'm worried the last two days aren't perfectly normal since England had 2 medium economic reports the last 2 days. Today being Consumer Confidence Index.

I want to update at the end of the week because I'm trying to keep some uninteresting statistics on how it's going. And I also tried to demo a crosspair, but I became stopped out by not factoring the spread right on my stoploss. It looks like it would've worked too. Instead it closed after 36 seconds by not doing the order right. Squeeze five pips out of enough pairs, you get more than 5 pips!
Good point about the SL but I only trade SRDC I manually so I average more than 5 pips. Unless the price moves directly to your take profit it could present some problems. Most times when a new low or high is made for the day, it will back up some before continuing the run. If your stop is not set far enough back then you are stopped out. By being there you can judge the market and if you move to 15 pips profit, you can then set your SL at 5 profit and let it run or just take the 15.


Good Luck,
  • #920
  • Jan 10, 2007 12:19am Jan 10, 2007 12:19am
Hai Guys/Gal,

May someone help me, pls. I need an alert indicator when the price reach 10pips before breaking daily high/low. If possible to send sms too. I think.... I've seen somewehere in SRDC thread. For the past two days I been looking, but just couldn't find it.

It maybe it's somewhere in outter link...


thx
Shah For every action there is an equal and opposite reaction.....
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