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SRDC Episode I

  • #1,241
  • Jan 23, 2007 2:45pm Jan 23, 2007 2:45pm
What exactly happened with the thread? I just found this method a couple days ago. I was very disappointed to find it gone when I came to the site today. What is going on?

-Nathan
  • #1,242
  • Jan 23, 2007 3:53pm Jan 23, 2007 3:53pm
Quoting nbost
What exactly happened with the thread? I just found this method a couple days ago. I was very disappointed to find it gone when I came to the site today. What is going on?

-Nathan
It seems we are back in business.
Hi Orange Rosham, if you are there, thanks for coming back on line.
-Chandra
  • #1,243
  • Jan 23, 2007 3:55pm Jan 23, 2007 3:55pm
Quoting summitfx
I don't really care. While all of his Jedi's are waiting for the box to close at 8'oclock like you, many of us caught the the break of .92 with a buystop.
As I could read from your posts you seem to be a very smart guy

So it would be no problem for you to put your aces of wisdom on
the table and share your insights with us.

When you criticise you have also the the duty to show us
something constructive here...

I'm on the way to retire from my daily job soon and do Forex full time.

Orange did and perhaps still does a fantastic job here
(also the whole community).

I'm not here to defend Orange against the dark force.

His work here is outstanding compared to a lot of payed
services in the net !!

Are you dealing with 2000 standard lots per day successfully ??

Do you have a minimum 8 figure account ??

If not you know yourself what you have to do here....

If yes you're welcome to teach us (for free of course !!)

Greetings

Bernhard
  • #1,244
  • Jan 23, 2007 6:19pm Jan 23, 2007 6:19pm
Figures that Cable went crazy right after I couldn't stay up anymore.

I want to do a poll or question. How much do people stay away from trades that are on resistance and support? I use one site to have a quick look at daily points before looking at the charts, and I find myself crossing off a lot of trades. Last night 2 trades would've been profitable but I stayed out. One might have went on a lot of economic releases. Tonight I'm totally out of dollar/yen, though one is around the 00 mark for the daily low.. Including that I have about 4 trades I wouldn't enter unless I become comfortable with the risks.

I just wonder what someones opinion is regarding overdoing it. Or maybe I'll stay this way until my account has a big enough buffer.

If Dollar yen low is at 121.09, 3 point spread, add one, enter at 121.05...I'd think about maybe doing a T/P at 2-3pips instead of 5? But then should I really nickle and dime the risk for 2 pips? maybe when my account is bigger.
  • #1,245
  • Jan 23, 2007 6:33pm Jan 23, 2007 6:33pm
Quoting behof
As I could read from your posts you seem to be a very smart guy

So it would be no problem for you to put your aces of wisdom on
the table and share your insights with us.

When you criticise you have also the the duty to show us
something constructive here...

I'm on the way to retire from my daily job soon and do Forex full time.

Orange did and perhaps still does a fantastic job here
(also the whole community).

I'm not here to defend Orange against the dark force.

His work here is outstanding compared to a lot of payed
services in the net !!

Are you dealing with 2000 standard lots per day successfully ??

Do you have a minimum 8 figure account ??

If not you know yourself what you have to do here....

If yes you're welcome to teach us (for free of course !!)

Greetings
Hello everybody.
Bernhard
After rtracking Sumiitfx's persistance in his action, I feel he has some forceful ulterior interests behid his great effort to disrrupt this thread. From my observations, I think he is a good trader and he is scared that SRDC method, if followed by large number of people, would sabotage his method of trading. I think he is scared that if all of us become smart traders, using SRDC method, there may not be enough traders to succumble to his trading method. He may be seeing the light that SRDC method decapacitates is approach. Hence this earnest effort to disturb this thread.
Best way of responding to his provocations is not to respond at all. How long he can try to calp single handed? It needs two hands to clap!! So, let the gutter water flow to the gutter. Why do we try to prevent its own ruin.
By responding to his actions, we almost lost OR once last night!
-Chandra
  • #1,246
  • Jan 24, 2007 7:01am Jan 24, 2007 7:01am
Dear Padawans or Newcomers,

What a shame that Master OR is no longer mentoring these threads. Where did he go? Now we have others guiding us which makes me nervous to rely on. Can someone here explains or suggest what we should do?

Hope I get to learn from him again
All 4 1 and 1 4 All
  • #1,247
  • Jan 24, 2007 7:08am Jan 24, 2007 7:08am
Quoting 4rex
Dear Padawans or Newcomers,

What a shame that Master OR is no longer mentoring these threads. Where did he go? Now we have others guiding us which makes me nervous to rely on. Can someone here explains or suggest what we should do?

Hope I get to learn from him again
How can there be SRDC without the master OR?
Steve
  • #1,248
  • Jan 24, 2007 7:15am Jan 24, 2007 7:15am
Quoting PipSteve
How can there be SRDC without the master OR?
PipSteve/4Rex,
I do not know how SRDC can be taught without the Master. I know how you feel. I would be nervous too about someone else pretending to be an SRDC expert.
  • #1,249
  • Jan 24, 2007 8:46am Jan 24, 2007 8:46am
You all are a disgrace to yourselves as traders. SRDC 1 is probably one of the most powerfull entry techniques I have run across. Don't know about 2 or 3 as I haven't bothered w/ them yet. But, ill tell you there is enough in what is already published to become quite skilled at these methods. OR may be back, maybe no;t who knows. But I believe he would be disappointed in his 'padawan's' if he was to read this type of crap. Hope you can pick yourselves up, dust off and get back on that horse. Lots of PIPS out there to be harvested.


Quoting Army1
PipSteve/4Rex,
I do not know how SRDC can be taught without the Master. I know how you feel. I would be nervous too about someone else pretending to be an SRDC expert.
In trading, there is no bullshit. You either make money or you don't.
  • #1,250
  • Jan 24, 2007 8:51am Jan 24, 2007 8:51am
I am proud to announce my 8th successful GBPUSD trade in a row since I started on Jan12th.

GBPUSD: 8/8 Trades that reached my TP of 10 pips with a SL of 30 pips.

All trades fully automatic.

That's $800.00 !!!!! But Imagine if every PIP was more than $10.......the sky is the limit !!!!!!

I'll keep you posted on my results.....

Future
"Lunch ? Lunch Is For Wimps !"
  • #1,251
  • Jan 24, 2007 9:13am Jan 24, 2007 9:13am
I will continue to use the methods learned here. If someone has an easy question hopefully a good samaritian will see and answer.
Some folks need to buck up and move on. I came to forex from stocks because there's less people and with reason to bash and manipulate, it's too big. On the stocks we used to say we must really be onto something when someone starts bashing in the many message boards and FAKE newscasts/websites. Yes, there are fake newscasts and websites geared towards the manipulation of stocks, mostly to create a fake downtrend and panic.

It's confirmation you're doing something right. You can't have yourself and a large group of others use a system with huge success and let someone get you down. Reality has to set in. Especially when the system in question is working better than my other ones which are failing lately.
  • #1,252
  • Jan 24, 2007 1:54pm Jan 24, 2007 1:54pm
Quoting MrFuture
I am proud to announce my 8th successful GBPUSD trade in a row since I started on Jan12th.

GBPUSD: 8/8 Trades that reached my TP of 10 pips with a SL of 30 pips.

All trades fully automatic.

That's $800.00 !!!!! But Imagine if every PIP was more than $10.......the sky is the limit !!!!!!

I'll keep you posted on my results.....

Future
Hello Mr.Fortune,
Can you tell us all what exactly you meant when you said "All trades fully automatic"?
Thank you,
-Chandra
  • #1,253
  • Jan 24, 2007 1:58pm Jan 24, 2007 1:58pm
Quoting MrFuture
I am proud to announce my 8th successful GBPUSD trade in a row since I started on Jan12th.

GBPUSD: 8/8 Trades that reached my TP of 10 pips with a SL of 30 pips.

All trades fully automatic.

That's $800.00 !!!!! But Imagine if every PIP was more than $10.......the sky is the limit !!!!!!

I'll keep you posted on my results.....

Future
Congratulations - I assume you are placing limit orders when you know the previous day's high/low. A question for you - do place the order regardless of whether there's any news due, or if the currency is near a support/resistance level?

I'm tempted to ignore and just place the order anyway......
Full-time trader and loving it!
  • #1,254
  • Jan 24, 2007 2:09pm Jan 24, 2007 2:09pm
Quoting Digitalis
Congratulations - I assume you are placing limit orders when you know the previous day's high/low. A question for you - do place the order regardless of whether there's any news due, or if the currency is near a support/resistance level?

I'm tempted to ignore and just place the order anyway......

Hi...yeah I use strategybuilder (metatrader) demo and place stop buy/sell, TPs and SLs all at once, in both direction of the previous high and lows.....

I do not look at news at all, I do not pay attention to prices etc....I just place the orders every day and that's it.

I am doing this on purpose to see in the long run how effective it can be, 'cause it is when I start to pay attention to too many details that I make bad trades....so this time I am just trying it out like this....very simple.

I've got nothing to lose since it is just a demo account, therefore it is worth the try.

So far so good....but it is too soon to talk, 'cause with a SL of 30 pips, all I need is 2 bad trades to wipe out most of my 8 successful trades (800-600=200).

Let's see.....

Future
"Lunch ? Lunch Is For Wimps !"
  • #1,255
  • Jan 24, 2007 2:15pm Jan 24, 2007 2:15pm
I check for news and resistance and support. Master Orange somewhere said beware of 50 and 00 psychological levels.

For example, last night I did not take any Dollar/yen trades which I've been monitoring. Strong resistance and it was at the high around the state of the union. Price would've hit my buy target, and then retraced and broke the low of day instead. Price broke the 00 target too when it went to the downside.
Two weeks ago I had a loss on a euro/dollar demo for the same reason. Resistance.

So right now I'm being smart about it. If my account was bigger I may risk it better. Apparently not all support and resisitances are equal. If you go on enough sites and calculators and charts, almost everything is an S/R, so have to figure what to ignore and what not to.

News? Hope that the broker or order doesn't have slippage. Works fine for me on demo, but on a real account, I'm not sure yet.
Don't forget money management too. If I have a loss trading 3 mini-lots, I can make the dollar loss up with a standard lot! Almost. So risk management there too.
  • #1,256
  • Jan 24, 2007 9:52pm Jan 24, 2007 9:52pm
I only see under 5 people posting in here that often, so I don't know which ones are the wannabe's. I repeated an explanation of what people gave have said or used to answer my questions. None of which are rocket science...support, resistance, or "anyone having any luck with this method?". You don't pretend to know that much, that's basic. And pretending worked last night, stayed away from a bad trade!

I for one am guilty of keeping the thread going by posting whenever. But it doesn't take a genious to help someone out on a simple question or post happy updates about how the trading would be during the week. If no one else gives someone an answer to something on the beginner level, I'd post. Not everyday there are vehicles(ie the market) that can make any fool money that doesn't involve slave labor so I do my part.

Talking about trading during news? Depends on your broker, has nothing to do with being a master. I'm not mentoring any systems that aren't mine. These are all basic facts of trading in any board, chatroom or thread.
So if it ain't me, those 2-3 posts were geared at only 2 other people from what I can tell.

BTW: Dollar Yen was a go when I turned away a few hours ago(1 hr). 5 pips. Pleasant surprise. I just like the method, it works.
  • #1,257
  • Jan 25, 2007 1:22am Jan 25, 2007 1:22am
Quoting 4rex
Hello everyone,

I am happy to tell you that I found a new free site where you will find the SRDC Method by Orange Roshan. forexsrdc.com

You may want to check it out to continue your learning and mentoring
Well this confirms OR duped the FF. I know many of you think everything is free but when your doing as much traffic as the FF those dedicated servers can become quite costly. A few OR followers had made a few comments about FF and advertisers ect. Well with out them FF wouldn't exist. A lot of you noobs that are following OR need to ask your self where you found this cat hmmm. In the long run this only makes the FF admin job harder and I have to believe it will be harder for noobs like your self to find good information to come in the future.

I wish you all do well and hope OR not duping you too.

Only time will tell.
  • #1,258
  • Jan 25, 2007 1:57am Jan 25, 2007 1:57am
Dear Orange Roshan

Where r you from if you dont mind...... Just like to know....Would it be possible to meet you in person if you are in Middle East....

Regds
Thanks and Regards Zamir M Iqbal
  • #1,259
  • Jan 25, 2007 11:09am Jan 25, 2007 11:09am
I'm not sure I understand why OR left? There were a few doubters that questioned him, but that's going to happen at whatever you do in life. That's really the best part to me... when I can prove the doubters wrong. I haven't read anything posted here that would justify OR wanting to leave or just quit teaching.

I guess it's possible that he simply ran out of enough spare time to deal with it any longer and if that's the case, then I completely understand. However, if he left because of a few doubting Thomas's, then I have to ask. Why?
  • #1,260
  • Jan 25, 2007 11:20am Jan 25, 2007 11:20am
I must say. So far so good for me as well, I'm also 8 for 8. But I'm using both SRDCI and II scalping on a 1HR chart.
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