Best Thread The 3 Duck's Trading System

[0007]

Captain,

I'd just like to say how good your implementation of a trend following system is. I've been a trend follower for years and logically arrived at a system which although similar in principle to yours, was not as well-implemented.

Your system is a brilliant application of Occam's Razor to a good trading system - I don't think you could have made it simpler or better. In my mind, if people can't make money from your system then it's not the system that needs looking at!

So thanks very much - you are a top example of someone handing out knowledge and expertise for free. I salute you Cap'n

 

[blancspa]

Thank you for sharing your thoughts Captain Currency and a Happy New Year 2010

 

[Captain Currency]

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.)

Captain,

I'd just like to say how good your implementation of a trend following system is. I've been a trend follower for years and logically arrived at a system which although similar in principle to yours, was not as well-implemented.

Your system is a brilliant application of Occam's Razor to a good trading system - I don't think you could have made it simpler or better. In my mind, if people can't make money from your system then it's not the system that needs looking at!

So thanks very much - you are a top example of someone handing out knowledge and expertise for free. I salute you Cap'n

Thank you for sharing your thoughts Captain Currency and a Happy New Year 2010

Cheers & Best Wishes Guys :cheers:

:clap: Anybody trade Gbp.Jpy today using The 3 Ducks? :clap:


Andy.

PS: The 3 Duck's Trading System ebook is available from The Captain Currency blog.

 

[blancspa]

Very nice settup
I have a problem to expand from my EUR/USD watchdog

 

[Captain Currency]

The Aussie Dollar is one of my favorite currency pairs to trade with the 3 ducks when it is doing this ...... TRENDING

 

[blancspa]

How du you keep a track on all these pairs?!!:?:

 

[Captain Currency]

How du you keep a track on all these pairs?!!:?:

Thats what traders do scan the markets

 

[blancspa]

Thats what traders do scan the markets

MT4 has 31 pairs mltiplying by 3 TF = 93 ? windows... How many screens have you got ?!!

 

[Captain Currency]

MT4 has 31 pairs mltiplying by 3 TF = 93 ? windows... How many screens have you got ?!!

I know what I'm looking for in the market, one screen btw

 

[blancspa]

I know what I'm looking for in the market, one screen btw

and what that is?

 

[blancspa]

How`s my scan then?
I am thinking of shorting GBP vs USD or GBP vs JPY , when it breaks the line to the downside

Good Idea?

 

[blancspa]

Its anyone attempting to trade this or just only me mad ?
Its like a sand from the sack on a track on a bumpy road

 

[Captain Currency]

Its anyone attempting to trade this or just only me mad ?
Its like a sand from the sack on a track on a bumpy road

Gbp.Usd was a bit sketchy yesterday (and today probably) but I fancied selling it a some point due to price been below the 240 min sma.
Eur.Usd is sidways and the Eur seems to have the upper hand against the pound on Eur.Gbp, so you gotta sell the weak one or buy the strong one

Who said trading was easy ....?

 

[montmorencyt2w]

For anyone who is not already aware, Ashraf Laidi talks a lot about the relative strengths/weaknesses of e.g. EUR/USD, GBP/USD, USD/JPY, etc, on his website.

An interesting mix of technicals and fundamentals (testicles? ).
(It's definitely not balls though; lots of good stuff).

His book is pretty interesting also; not a trading book per se - intermarket analysis.

 

[blancspa]

it is the one using 10-2 yield spread to predict turn in interest rate cycle?

 

[montmorencyt2w]

it is the one using 10-2 yield spread to predict turn in interest rate cycle?

Well I think he uses yield-spread differentials as a guide to the relative strength of currencies. I'm not sure about the specific point you mention.

http://www.ashraflaidi.com/book/

 

[Tenapenny]

Well I think he uses yield-spread differentials as a guide to the relative strength of currencies. I'm not sure about the specific point you mention.

http://www.ashraflaidi.com/book/

Thanks for the link. I've added the book to my Amazon wish list if you are reading this sweetheart (hint, hint).

 

[Tenapenny]

Another good day. Thanks for the system Andy, Guinness is on it's way.

Ken.

 

[Rainmaker]

Andy - let us know when you are back in the UK. I owe you a brewery.

 

[Tenapenny]

Andy - let us know when you are back in the UK. I owe you a brewery.

You can buy him a drink here http://captaincurrency.blogspot.com/ and scroll halfway down the page. :cheers: