Best Thread The 3 Duck's Trading System

[Captain Currency]

3 Ducks selling opp on Eur.Usd

For the intra day traders

3 Ducks set-up:
240min - Price below sma
60min - Price below sma
5min - Price below sma and last low

Stop loss can be above the 60min high at 1.4411
Target can be a test of the 240min low at 1.4302 and even a break below 1.4300.

Good Luck,

Andy.

 

[c-pepe]

Captain Currency good morning to you
would telle me please what are the best trading pair for you system

tks Réal

 

[Captain Currency]

Re: 3 Ducks selling opp on Eur.Usd

For the intra day traders

3 Ducks set-up:
240min - Price below sma
60min - Price below sma
5min - Price below sma and last low

Stop loss can be above the 60min high at 1.4411
Target can be a test of the 240min low at 1.4302 and even a break below 1.4300.

Good Luck,

Andy.

Update on my trade

A text book 3 ducks trade, a 50 pip risk for a 100 pip reward

 

[Vilas]

Re: 3 Ducks selling opp on Eur.Usd

Update on my trade

A text book 3 ducks trade, a 50 pip risk for a 100 pip reward

Your system is simply Great - I have tried it out.

Merry Christmas & Happy New Year.

Best Regards,

Vilas.

 

[c-pepe]

Hello Captain
Is there a way to scan pairs that where all duck are lined up

thanck you

Réal

 

[Tenapenny]

Hello Captain
Is there a way to scan pairs that where all duck are lined up

thanck you

Réal

You could put up a 5min chart and put 1. 60 sma. 2. 720 sma ( = 60sma on 1 hr chart ) and 3.2880sma ( = 60sma on 4hr chart ). I think Andy has said previously that this method is not quite the same though. Sure he will correct me if I'm wrong.

 

[blancspa]

3 ducks in french? http://www.trader-forex.fr/forum/presentation-des-membres/10659-bonjour-tous.html#post27349

Are the stops 20-30 a bit to tight?

 

[c-pepe]

thank you Tenapeny I will do that

Réal

 

[kobe956]

This seems like a readily easy system to convert to an expert advisor. Does anyone know if this has been done? If so, could someone post it here.

Thank you.

 

[HawkTrader]

Nice 3 ducks setup on USDJPY today. Over 1.5 RR and aiming for two.

 

[Tenapenny]

Nice 3 ducks setup on USDJPY today. Over 1.5 RR and aiming for two.

Well done. I had to go Christmas shopping so missed the move, bummer!

 

[HawkTrader]

Well done. I had to go Christmas shopping so missed the move, bummer!

Pff, Christmas, pure capitalist crap. Save your money, don't celebrate and trade instead. More profits for yourself...

Oh wait, I've become what I hate. :whistling

What did you buy?

 

[Tenapenny]

Pff, Christmas, pure capitalist crap. Save your money, don't celebrate and trade instead. More profits for yourself...

Oh wait, I've become what I hate. :whistling

What did you buy?

Debenhams. :whistling

 

[HawkTrader]

Debenhams. :whistling

Not to worry, it might last until next Christmas.

 

[Captain Currency]

A nice intraday trade

3 Ducks set-up:
240min - Price below sma
60min - Price below sma
5min - Price below sma and last low (see chart)

A 38 pip stop-loss for a 50 pip reward.

Andy.

PS: The 3 Duck's Trading System ebook is available from The Captain Currency blog, it might make for some interesting reading over the xmas period

 

[HawkTrader]

Exited the trade about an hour ago.

Bloody great method for entering with the trend, thanks Captian Currency!

(Sounds like some 50s American movie of a crime fighting Currency super hero.)

 

[Da.DesiTrader]

Does anyone have code for a Proscreener (pro realtime- which is compatible with IG)that can be used for following conditions?

Price above 60SMA on 240m TF AND above 60SMA on 60m TF.
OR
Reverse?

 

[Da.DesiTrader]

Well, i figured it out after reading the prorealtime programming manual. Below is code if anyone is interested.

For shorts
TIMEFRAME(4 hours)
c1 = (Close < AVERAGE[60])

TIMEFRAME(1 hour)
c2 = (Close < AVERAGE[60])

TIMEFRAME (5 minutes)
c3 = (Close >= AVERAGE[60])

SCREENER[c1 and c2 and c3]


Just reverse the operators for long.

 

[c-pepe]

helllo
what is this code
Réal

 

[pod]

Hi
All been trading the 3 ducks manually with good success. my problem is that i want to start a trade manualy after checking for news events etc and then have an automated close as i only have 1 minute to check the screens every 30 mins. does any one know of an ea that i could possibly mod? searched everywhere and i can't find one in this thread or net. i do use the 3 ducks evo indicator as a nice visual flick through before going deeper its just the close above the 5m time sma i can't automate. thanks for the help in advance.