Best Thread The 3 Duck's Trading System
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Captain Currency
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Hello Nine,
YES, Good eyes. This one could run south a bit
Kind Regards,
YES, Good eyes. This one could run south a bit
Kind Regards,
Captain Currency
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nine
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LOL ... If you'd like ... 3+3+3 = a perfect trade.
Instead of worrying about making money I worry about getting a 3 for that perfect system entry, a 3 for placing the stop and target, and a 3 for managing the trade. Lots of nines on a good day (I got 4 eights and a nine today)
Instead of worrying about making money I worry about getting a 3 for that perfect system entry, a 3 for placing the stop and target, and a 3 for managing the trade. Lots of nines on a good day (I got 4 eights and a nine today
)hi smbtnt, i actually prefer a short just there. I would wait for the next 4 hr bar to close though. however, holidays in US and Jap, make me stand aside
Hi Jacinto,
Thank you for replying. This trade has been taken solely based on the 3 ducks. 165.50 is resistance and a break up would invoke a long according to CC's strategy.
The 4hr paints a different picture which i have attached. A 4hr bear and now inside bar forming...a move is certainly on its way.
Let me know what you think.
Thank you for replying. This trade has been taken solely based on the 3 ducks. 165.50 is resistance and a break up would invoke a long according to CC's strategy.
The 4hr paints a different picture which i have attached. A 4hr bear and now inside bar forming...a move is certainly on its way.
Let me know what you think.
Attachments
Do you play the Yen pairs much with this strat guide of yours Cap’t?
Swinging in with the momentum has paid good dividends this year on the European pairs v/s Yen. Your 5min trigger has certainly not only signalled decent entries, but allowed quite cheap risk parameters to be set on occasion, a big luxury indeed with those pairs.
One of the girls (on the other site) noted a couple decent mini trend continuation entries on the post payrolls action on both pairs, according to your signals.
Geppy especially, since leaving that irksome upside barrier of 234.50 in it’s wake, has stair-stepped nicely alongside your 60/5m guides.
Was just wondering if you latch onto those type of trades which offer decent (potential) continuation set up’s. A few obvious benefits to be derived from that practice I shouldn't wonder
I’ve noticed the tendancy of the m.a’s to hug the hourly chart when prices begin behaving well on their peak/trough journey. I’d imagine it’s a pleasure to hang onto those trades when they begin stirring?
Although today’s Euro/$ trade was a green light & a good one based on the mornings lazy activity, those Yen opp’s on Friday might have presented tastier opportunities? Just curious.
Swinging in with the momentum has paid good dividends this year on the European pairs v/s Yen. Your 5min trigger has certainly not only signalled decent entries, but allowed quite cheap risk parameters to be set on occasion, a big luxury indeed with those pairs.
One of the girls (on the other site) noted a couple decent mini trend continuation entries on the post payrolls action on both pairs, according to your signals.
Geppy especially, since leaving that irksome upside barrier of 234.50 in it’s wake, has stair-stepped nicely alongside your 60/5m guides.
Was just wondering if you latch onto those type of trades which offer decent (potential) continuation set up’s. A few obvious benefits to be derived from that practice I shouldn't wonder
I’ve noticed the tendancy of the m.a’s to hug the hourly chart when prices begin behaving well on their peak/trough journey. I’d imagine it’s a pleasure to hang onto those trades when they begin stirring?
Although today’s Euro/$ trade was a green light & a good one based on the mornings lazy activity, those Yen opp’s on Friday might have presented tastier opportunities? Just curious.
no worries S, how about i post my chart in the currency thread, such that i dont invade this thread?
Apologies to the followers of this method, i should not have posted here, as i dont use this method.
Captain Currency
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Hello Smbtnt,
Its a setup allright - Ummmm would I take it with the US on hols - maybe not - thats just me!
Kind Regards,
Captain Currency
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IS THE POPE A CATHOLIC?
Hello Ampro,
Yes, I do like to "take advantage" of the Yen. I normally have a 20/30 pips stop on usd.jpy, cause if your wrong, your wrong!
Kind Regards,
Captain Currency
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Hello Smbtnt,
Its a setup allright - Ummmm would I take it with the US on hols - maybe not - take just me!
Kind Regards,
Thanks CC. Point noted.
Well now that all depends on which Pope you are referring to!
He could be coptic, greek orthodox or a couple of others whose denominations/religions elude me at present.
Perhaps a better question might be does a bear sh*t in the woods?
Of course then you'd have to wonder about pet bears, bears in zoos and the dancing bears of China........hhhmmmmmm
How about is a frogs ar*e water tight? It probably is one direction but not so much the other direction.......hhhmmmm
I give up......
Captain Currency
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TheBramble
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I hope nobody jumped the gun and have tweaked the longer term to a shorter timeframe. If so, they just got burned on 08:20 bar. Their problem I know.
Although I'm not trading your system as is, I have added the 60 SMA to my charts (well...you can't ever have too much of a good thing). Wont clutter your thread with my stuff, but I've got 300 as major Support today and it looks like it's having trouble getting past 325. Certainly looks like it's feeling there's no pressure to do so looking at the oscillators.
Captain Currency
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Hello Traders,
Bit of a CHOPPY day today. I was almost counting the pips when usd.jpy gave a green light at 117.25. A few others gave a signal, but nothing special.
Earlier today sterling was getting a bit of pressure put on it, eur up a bit on sterling and the usd took a run down south against sterling, the move was short lived as support at 2.0275 and below held.
Bit of a CHOPPY day today. I was almost counting the pips when usd.jpy gave a green light at 117.25. A few others gave a signal, but nothing special.
Earlier today sterling was getting a bit of pressure put on it, eur up a bit on sterling and the usd took a run down south against sterling, the move was short lived as support at 2.0275 and below held.
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Captain Currency
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Hello Smbtnt,
Well spotted! I suppose what I would have been looking for was a close under 2.0327 to get me ready. If I was looking at your level and it closed under them, yes I probably would have took the trade and lost 25ish pips. I think the bit I like about this strat is the positive RvR and knowing when your wrong. I think if I was to take your "purple" trade and prices got back above the 5min sma (like they did) - I would have been looking for the exit door and jumped ship before my stop was hit.
Kind Regards.
Well spotted! I suppose what I would have been looking for was a close under 2.0327 to get me ready. If I was looking at your level and it closed under them, yes I probably would have took the trade and lost 25ish pips. I think the bit I like about this strat is the positive RvR and knowing when your wrong. I think if I was to take your "purple" trade and prices got back above the 5min sma (like they did) - I would have been looking for the exit door and jumped ship before my stop was hit.
Kind Regards.
