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TOPIC: Re:SRDC System
#1165
FXOperator (Admin)
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SRDC System 2 Years ago Karma: 9  
Hey guys,

I've read about Orang's SRDC trading, saw jest1081 and QS chart look similar to his setups.

Anybody using them? Looks good.
File Attachment:
File Name: OrangeRoshan_SRDC_method.doc
File Size: 0
 
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#1182
caventou (User)
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Re:SRDC System 2 Years ago Karma: 1  
I only read level 1 srdc, it's not that passive since we have to check for candles too, and whether will be able to breach s or r.Not sure about level 2 but I think for level 1 need to wake up at 8 am lol just to watch the daily opening candle lol. I need a system to set pending orders, will be bz when this dec hol ends...
 
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#1183
FXOperator (Admin)
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Re:SRDC System 2 Years ago Karma: 9  
I agree. Don't know if anyone using it, wondering where to put the SL if it goes wrong.
 
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#1188
Quicksilver (User)
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Re:SRDC System 2 Years ago Karma: 3  
hmm.. to determine stoploss i think 30-20 pips should be ok..

Ask jest for more info abt SRDC..
 
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#1189
jest1081 (User)
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Re:SRDC System 2 Years ago Karma: 16  
Hi Guys,

SRDC1 is very basic level of trading...and its success is proven. You dun have to wake up at 8 every morning to check actually coz alot of people has programmed the indicator for it. Try it is really that simple.

Infact, i din know why i din realise it in the first place. Its the introduction of SRDC1, which makes me come up with the OHLC system.

Orange Roshan's rules:
1. No one candle is the same as the other.
2. Trade upon penetration of High/Low.
3. Target 5 Pips.

"Read John Carter - Mastering the Trade", he trades the same way too! Great minds think alike.

Its just that. Support Resistance metdology is simply when price cuts the resistance clean, it usually cuts thru and lock ur 5pips, let the rest run.

I have shared the ATMHLC indicator here for SRDC usage.
Its placed in my RSI Channel discussion. The Lines update themselves daily just like my pivots.

About SRDC2, I went to accrete's website to listen to Orange Roshan speak, you can download the wav file at his site by going to www.accrete.com

His idea on channels are the same as what i had initially thought, its to be used as guides. We are advised to draw trendlines to note 'cutting points' i will discuss this with you guys tonight and how we could integrate this with out pivots. Small pips but positve ones.

Until today, i think OR(Orange Roshan) is still trying his best to pass his message to his trainees but i gues many are still not getting it right yet, including me. I have listened to most of the team speak sessions(find it at accrete's website) but from what i can gather using his channel system and our pivots i have noticed something very interesting for us the 5 min scalpers or rather me, hehe. Problem is, i have forgotten to save a screen shot of yesterdays pivot. guess i have to do it manually haha. See u guys later, i should be in by 9.<br><br>Post edited by: jest1081, at: 2006/12/22 14:32
 
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#1292
fxykl (User)
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Re:SRDC System 1 Year, 11 Months ago Karma: 0  
can't seems to download the file from the first post.
 
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#1294
FXOperator (Admin)
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Re:SRDC System 1 Year, 11 Months ago Karma: 9  
The attachment is explained in the Trading 101 section. Same also. OrangeRoshan wrote it down.
 
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#1992
maverick731 (User)
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Re:SRDC System 5 Months, 2 Weeks ago Karma: 0  
what happened to it?
 
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#1993
FXOperator (Admin)
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Re:SRDC System 5 Months, 2 Weeks ago Karma: 9  
I guess the guy had some problems at FF, left the place started his own forum.
 
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