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Does this simple system by Richard Donchian really work?

  • #61
  • Jan 2, 2012 11:07am Jan 2, 2012 11:07am
Quoting mrhb30jr
Hi HB, i know u are more experience then me, the conclusion that I can be of two rules of RD is the point of reversal of direction, my point is the reversal before break out that all, ....that why is better to close this thread ones again thanks you for u all

cheers
here is the plan audusd trade using the rd rule, weekly rd rule, gann and dorcian indi and entry from lower time frame to minimize risk .....RD rule is major reversal area or SR line ....

cheers...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud4.gif Size: 47 KB
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Click to Enlarge Name: aud6.gif Size: 31 KB
  • #62
  • Jan 2, 2012 11:14am Jan 2, 2012 11:14am
Quoting mrhb30jr
here is the plan audusd trade using the rd rule, weekly rd rule, gann and dorcian indi and entry from lower time frame to minimize risk .....RD rule is major reversal area or SR line ....

cheers...
Just how much acid did you take this morning??? Those charts are wild man!
  • #63
  • Jan 2, 2012 11:43am Jan 2, 2012 11:43am
Quoting Hugh Briss
Just how much acid did you take this morning??? Those charts are wild man!
u r is the best HB Gods always blessing the best person like u happy new year .... another wild chart of eu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu4.gif Size: 34 KB
Click to Enlarge Name: eu5.gif Size: 25 KB
  • #64
  • Jan 2, 2012 2:43pm Jan 2, 2012 2:43pm
............ or depends on how you read the rules maybe, looks like will break the LOW of last 4 weeks
Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #65
  • Jan 2, 2012 2:50pm Jan 2, 2012 2:50pm
Quoting Erebus
............ or depends on how you read the rules maybe, looks like will break the LOW of last 4 weeks
Looks like a valid trade to me...
  • #66
  • Jan 2, 2012 3:48pm Jan 2, 2012 3:48pm
hi friends
Good entry was a month ago, for me
Attached Image(s) (click to enlarge)
Click to Enlarge Name: e-a w-h4.-.-.gif Size: 34 KB
Click to Enlarge Name: e-a w-h4.gif Size: 39 KB
  • #67
  • Jan 2, 2012 9:50pm Jan 2, 2012 9:50pm
@mrhb30jr

How to enter a trade if price already above the high or below the low of 4PW?
  • #68
  • Jan 4, 2012 9:35am Jan 4, 2012 9:35am
Quoting kijkij
@mrhb30jr

How to enter a trade if price already above the high or below the low of 4PW?
here a sample usdchf ......
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 19 KB
  • #69
  • Jan 4, 2012 10:15am Jan 4, 2012 10:15am
Quoting mrhb30jr
here a sample usdchf ......
Mean we can enter a trade when price touch to high or low in this condition.

ok, according to your experience how many net pips/week can be made on base of this system after cutting loss?

Thanks
  • #70
  • Jan 4, 2012 10:42am Jan 4, 2012 10:42am
Quoting kijkij
Mean we can enter a trade when price touch to high or low in this condition.

ok, according to your experience how many net pips/week can be made on base of this system after cutting loss?

Thanks
zoom to lower time frame ie 240 mtimeframe and u see the reversal 1 & 2 SL below the the candel or weekly 5sma
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf4.gif Size: 21 KB
  • #71
  • Jan 4, 2012 6:06pm Jan 4, 2012 6:06pm
mrhb, very interesting the last post... thanks
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: u-f w-h4---h4.gif Size: 44 KB
  • #72
  • Jan 4, 2012 8:57pm Jan 4, 2012 8:57pm
Quoting porfirio
mrhb, very interesting the last post... thanks
hi porfirio,....

another sample of GU that i always pointed the point of reversal before Break out 4PWL

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd240.gif Size: 18 KB
Attached Image
  • #73
  • Jan 5, 2012 4:17am Jan 5, 2012 4:17am
Quoting mrhb30jr
hi porfirio,....

another sample of GU that i always pointed the point of reversal before Break out 4PWL

cheers

GU updated .....240Mtf
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd240.gif Size: 17 KB
  • #74
  • Jan 5, 2012 6:00am Jan 5, 2012 6:00am
another one audusd .....
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: aud1.gif Size: 23 KB
  • #75
  • Jan 5, 2012 6:18am Jan 5, 2012 6:18am
Quoting mrhb30jr
another one audusd .....
If it break the high then surly it was Long....!
  • #76
  • Jan 5, 2012 6:31am Jan 5, 2012 6:31am
I have changed a little to my way the strategy
I have abandoned high-low 4w (too much delay) ... I replaced overbought-oversold triangles

I get your input from the sma5 friend
Attached Image(s) (click to enlarge)
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  • #77
  • Jan 5, 2012 6:45am Jan 5, 2012 6:45am
Quoting kijkij
If it break the high then surly it was Long....!
Just check your 4PMH - Monthly TF and u find the answer... my point is on the reversal ...
Attached Image (click to enlarge)
Click to Enlarge Name: aud2.gif Size: 24 KB
  • #78
  • Jan 5, 2012 6:54am Jan 5, 2012 6:54am
ignoring the open trades ... have nothing to do with this strategy .... is a personal study on money management, going in both directions


another example ... e-u
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: e-u--w.gif--h4.gif Size: 39 KB
  • #79
  • Jan 5, 2012 6:55am Jan 5, 2012 6:55am
Quoting mrhb30jr
Just check your 4PMH - Monthly TF and u find the answer... my point is on the reversal ...
now see usdchf on monthly tf....
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf33.gif Size: 24 KB
  • #80
  • Jan 5, 2012 7:00am Jan 5, 2012 7:00am
Quoting porfirio
ignoring the open trades ... have nothing to do with this strategy .... is a personal study on money management, going in both directions


another example ... e-u
hi friend,
4 weekly H/L is equal to monthly candle so every trades on H&L should be counter check with the monthly Trend......
i have told u my point on this strategy of rd rule is the reversal point, pointed the area and counter check with the monthly trend, u can using the gan line as indicated the reversal area too.....

cheers...
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