SRDC II Channel of the day

Thank you, I appreciate that a lot.

OK, here's my daily chart. I also still have the previous uptrend drawn on here to as well, but I'm mostly curious as to whether or not my current monthly channel is correct on my daily chart? Can someone please comment?

Secondly, I had intentions of bracketing the small Sunday bar today for a short with a 10 pip limit. My trade went off perfectly, with only one small problem. I placed the trade in demo, rather than live, without realizing what I had done until it was too late. I missed a $300.00 trade, because it went off perfectly otherwise. My demo account continues to grow using SRDC I, but I would have rather had this on in my live account! I won't allow that mistake to occur again.

My second question is this. Since I missed the break of resistance on the small Sunday bar, is the resistance point still valid on the Friday bar? I have a sell order in place and will look to scalp another 10 PIPs if so. I would assume that this is an even stronger and better resistance point than the Sunday bar, but I thought I would run it by some of the SRDC experts, just to be sure.

Thanks in advance for any feedback! Profitable piping!

Here's my hourly chart. It mirrors that of the others posted, so I think I have this one down.

Hi,

This is my chart for the day. I didn't use LRC, but manually draw my trendlines.

halo pippers!!

can we copy&paste trend line in mt4?

You sure can :

double click on the trendline you want to copy --> press and hold Ctrl button --> drag the second line to where you want it.


Hope that helps

tq Jimbo

my channel

Hi just another one of those contributions...
worth noting some SRs here

Here is my cable 1hr chart.

Waiting is no fun ........

OR this is for you.
The red king crab, Paralithodes camtschaticus, is the most coveted commercially sold king crab and is the most expensive per unit weight.

Here is my 1h channel I used the equidistant to draw it.

http://picnac.com/images/5279gg.gif

Hi Folks !

Here is my actual snapshot of GBP 15 min chart with some nice
trendlines included

Have fun and practice...

Greetings

Bernhard

Channel drawn could be channel of the day.

Well... it seems that with the surprise hike in GB our channels for today are again unusable!

Hi Ptejerina !

You have to bear in mind, that the use of the channel is not
a law which is not chiseled in stone !!

It's only an instrument (by the way a very good one) which works
pretty well during NORMAL MARKET CONDITIONS.

As a coming Forex SRDC Pro you have to watch RELIGIOUSLY the
daily forex calendar !!

You always have to be on alert when the orange or red flag
is set for the day !!

So keep away from trading during these hours or play a straddle
( I did it with a gain of about 150 Pips on 3 Lots )

When you mention the little word unusable its good for me because
I then know that there is another guy who hasn't got it til now
and I can grab the pips from him.

But don't bother => practice, practice, practice.....

Greetings and happy Pippin

Bernhard

P.S. By the way learn to understand how the order flow works in forex...
It's one of the games of the big boys

Here is the LRC that i had drawn during the Asian up to today's open and i was thinking it might be a good day to buy as price was in the buy zone. Guess the LRC, like beauty...is in the eye of the beholder (and drawer!).

http://www.accrete.com/fx-srdc/trade...070111-60m.gif

I didn't trade the GbpUsd pair today mainly because i had entered profitable trades on the EurUsd, UsdChf, and UsdJpy pairs and had my pips for the day just after London Open... but the other reason was that i wanted to wait until the GBP related news release at 1:30 ish to see what would happen. Well by then i my daily pip goal was in the bank so i stayed out.


: ) Thom

Bonjour Everybody,
could you please Bernard explain a little more, again merci to you and to all the jedi council leading by master OR.

Hi Accrete !

What a wonderful agreement.....
I took the long trade after the break of the CCI-trendline..

It seems that we're on track

Greetings and happy Pippin

Bernhard