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SRDC Episode I

  • #1,281
  • Feb 3, 2007 8:38am Feb 3, 2007 8:38am
Quoting ericoco
The Advanced SRDC Method documentation can be found at page 46 post no. 688 by OR

Hasn't there also been a PDF file containing this info?
THX
Harry
  • #1,282
  • Feb 4, 2007 4:24pm Feb 4, 2007 4:24pm
This is really a very easy way to gain pips.... but one should be careful not to be exposed to the market without SL...
  • #1,283
  • Feb 5, 2007 9:12pm Feb 5, 2007 9:12pm
I'm showing the 45EMA at the low of day, and sometimes it doesn't mean anything. But coincidently one of the writers for this site, Aspen Trader also has a short term support at that level.
I don't normally give too much commentary about technical analysis unless for fun in a different sort of thread, because with this method, I'm not always right, and the trend could be strong enough. It just seems iffy to me with more than one "confirmation" of a bump right at that level. FYI only.

On another note, Dollar/yen broke it's support that was listed on a site I check, following a good downtrend, gave 5-10 pips while I was doing the nights research. I miss a few good Yen plays before Tokyo even opens! I like that pair during Asian session.
  • #1,284
  • Feb 7, 2007 7:48am Feb 7, 2007 7:48am
Hi everybody,

I have been going through page by page through this SRDC method. I found it's too long for us to catch up everything by going through everything. So i would suggest, the author of this method "ORANGE ROSHAN" would update the newest version of this method on the first post. Thanks
  • #1,285
  • Feb 7, 2007 8:42am Feb 7, 2007 8:42am
Quoting comeinvest
Hi everybody,

I have been going through page by page through this SRDC method. I found it's too long for us to catch up everything by going through everything. So i would suggest, the author of this method "ORANGE ROSHAN" would update the newest version of this method on the first post. Thanks
post 1273 page 85 has such a pdf
  • #1,286
  • Feb 7, 2007 2:06pm Feb 7, 2007 2:06pm
Quoting comeinvest
Hi everybody,

I have been going through page by page through this SRDC method. I found it's too long for us to catch up everything by going through everything. So i would suggest, the author of this method "ORANGE ROSHAN" would update the newest version of this method on the first post. Thanks
Sorry to say but Orange Roshan doesn't post on this board anymore
Full-time trader and loving it!
  • #1,287
  • Feb 8, 2007 1:20am Feb 8, 2007 1:20am
Thanks techno...

For those who been using this method, could you summarize what other indicators are being used for this method?

Thanks
  • #1,288
  • Feb 10, 2007 3:08am Feb 10, 2007 3:08am
Quoting comeinvest
Thanks techno...

For those who been using this method, could you summarize what other indicators are being used for this method?

Thanks
no need indicator for SRDC 1,just draw a Hi-Lo line from previous day High and Low.
  • #1,289
  • Feb 12, 2007 11:15pm Feb 12, 2007 11:15pm
Quoting amenlo9
no need indicator for SRDC 1,just draw a Hi-Lo line from previous day High and Low.
In your experience with this, does it work on the smaller time frames.
It seems to me the one hour would work for 5 pips or so.
Any feed back?
This is very similar to the way I trade the news, with excellent results!
  • #1,290
  • Feb 28, 2007 9:48am Feb 28, 2007 9:48am
It's a interesting system to use,10x for posting it here!
  • #1,291
  • Feb 28, 2007 10:49am Feb 28, 2007 10:49am
Quoting Stan
In your experience with this, does it work on the smaller time frames.
It seems to me the one hour would work for 5 pips or so.
Any feed back?
This is very similar to the way I trade the news, with excellent results!
yes,u can use 15M for entry.enter when the candle full formed outside the S&R.this call SRDC 1 advance.
  • #1,292
  • Feb 28, 2007 10:58am Feb 28, 2007 10:58am
I use SRDC I as my entry as well as adding on positions. It's the best and most straight forward way of trading off s/r. It's very effective
  • #1,293
  • Feb 28, 2007 11:07am Feb 28, 2007 11:07am
Quoting hilmy83
I use SRDC I as my entry as well as adding on positions. It's the best and most straight forward way of trading off s/r. It's very effective
how many TP u put normally?
  • #1,294
  • Jun 8, 2007 11:54pm Jun 8, 2007 11:54pm
Quoting MrFuture
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
So how did this turn out for you?
  • #1,295
  • Jun 9, 2007 4:24am Jun 9, 2007 4:24am
I've been demo-ing the original system for the last 3 weeks and I get consistent losses. I have however looked at trading the EUR/USD with a version of TKimble's "daily scalping method", going for a 20 pip TP and a 20 pip SL,opening the trade at 1700hrs EST in the direction of the previous days candle and this has promise.
  • #1,296
  • Nov 30, 2007 4:59pm Nov 30, 2007 4:59pm
Does anyone still trade this or have you all moved on to Episode II, III, etc?

I came across this method yesterday and tried it out today. Call it beginners luck, but I am 100% so far. Just can't believe there hasn't been any activity on this tread on 5+ months on a profitable system...unless everyone is gone making pips.

Here are my results from today (needless to say I left a lot on the table):
Attached Image (click to enlarge)
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  • #1,297
  • Nov 30, 2007 6:22pm Nov 30, 2007 6:22pm
I have had in my arsenal for a while but I never really tried it. Ironically I started demoing it last night

I got +15 last night. On these pairs. +5 pips on eur/usd, gbp/usd, aud/usd
  • #1,298
  • Nov 30, 2007 6:30pm Nov 30, 2007 6:30pm
Quoting jj7000
I have had in my arsenal for a while but I never really tried it. Ironically I started demoing it last night

I got +15 last night. On these pairs. +5 pips on eur/usd, gbp/usd, aud/usd
Sweet - glad to see it worked out for you.
  • #1,299
  • Mar 18, 2008 4:42pm Mar 18, 2008 4:42pm
I’m very intrigued by this method. Has anyone followed this strategy bare boned (5 pip TP/20 pip SL) from the time that this thread was started?

I’m interested in seeing long term results of the newbie/barebone version of this… What is your win/lose ratio? Do your winners happen often enough to offset the larger stoploss losses? Approximately how many pips might one hope for per week/month? Rough estimates would be great. I’m just looking for some measure of expectancy of the system if one were to go for 5 pips with a 20 pip SL.

Thanks!

Dahlia
Money missed is better than money lost
  • #1,300
  • Mar 18, 2008 5:09pm Mar 18, 2008 5:09pm
... you break even.
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