The 3 Duck's Trading System

This is a discussion on The 3 Duck's Trading System within the Forex Strategies & Systems forums, part of the Forex Markets category; Originally Posted by donovan5 In terms of trend the 4hr is the most important one,it's the only one which really ...

Reply
184 184 Attachment(s)
 
LinkBack (13) Thread Tools
Banned
 
Join Date: Jul 2010
Posts: 166
Xenophobia's Trading Profile
Re: The 3 Duck's Trading System

Quote:
Originally Posted by donovan5 View Post
In terms of trend the 4hr is the most important one,it's the only one which really defines any sort of trend. 5min is pretty meaningless in that sense

What that old lagging chart LOL
Xenophobia is offline   Reply With Quote
Banned
 
Join Date: Jul 2010
Posts: 166
Xenophobia's Trading Profile
Re: The 3 Duck's Trading System

You want to wait 4-8-12-16 hours for a 4hr chart to confirm a new trend then power to you. I guess everyone else will be to busy trading in the direction you will be in around 16 hours time.
Xenophobia is offline   Reply With Quote
Member
 
Join Date: Jun 2010
Posts: 87
BigDunc's Trading Profile
Re: The 3 Duck's Trading System

Quote:
Originally Posted by donovan5 View Post
In terms of trend the 4hr is the most important one,it's the only one which really defines any sort of trend. 5min is pretty meaningless in that sense
Thanks Donovan
BigDunc is offline   Reply With Quote
Senior Member
 
bangkoker's Avatar
 
Join Date: Mar 2008
Posts: 183
bangkoker's Trading Profile
Re: The 3 Duck's Trading System

Quote:
Originally Posted by donovan5 View Post
In terms of trend the 4hr is the most important one,it's the only one which really defines any sort of trend. 5min is pretty meaningless in that sense
Did anyone just see Cable fall 120ish pips in 2 minutes? what is all that about? coming back up now..is that some kind of market tree shake to hit stops? is a move that big that quick rare?
bangkoker is online now   Reply With Quote
xtf
Senior Member
 
Join Date: Feb 2004
Posts: 102
Re: The 3 Duck's Trading System

Quote:
Originally Posted by bangkoker View Post
Did anyone just see Cable fall 120ish pips in 2 minutes? what is all that about? coming back up now..is that some kind of market tree shake to hit stops? is a move that big that quick rare?



"Spike attributed to a trading error at a Dutch bank".
__________________
.
xtf is offline   Reply With Quote
Legendary Member
Forum Guides are volunteer members who help with the smooth running of the forums. Their tasks include forum housekeeping, maintaining a sticky guide to the forum topic, helping newbies and reporting offending posts but does not invole moderation.
 
gamma's Avatar
 
Join Date: Aug 2003
Posts: 1,284
gamma's Trading Profile Send a message via MSN to gamma Send a message via Yahoo to gamma
Re: The 3 Duck's Trading System

Quote:
Originally Posted by bangkoker View Post
Did anyone just see Cable fall 120ish pips in 2 minutes? what is all that about? coming back up now..is that some kind of market tree shake to hit stops? is a move that big that quick rare?
Dutch bank put a big sell order through
gamma is online now   Reply With Quote
Nod
Newbie
 
Join Date: Jul 2010
Posts: 4
Re: The 3 Duck's Trading System

Newcomer to 3 Duck's and I've read all posts in this thread (whew) and all info provided by the Captain. Looks good. Only one minor (and, probably stupid) question: One of the Capt's charts shows "last high" to be broken with two lower blue candles to left and two lower red candles to the right for a potential setup. Do the candles have to both be the same color or can one be blue and the other red on the same side? Thanks, Nod
Nod is offline   Reply With Quote
Member
 
Join Date: Oct 2008
Posts: 83
Re: The 3 Duck's Trading System

Quote:
Originally Posted by Nod View Post
Newcomer to 3 Duck's and I've read all posts in this thread (whew) and all info provided by the Captain. Looks good. Only one minor (and, probably stupid) question: One of the Capt's charts shows "last high" to be broken with two lower blue candles to left and two lower red candles to the right for a potential setup. Do the candles have to both be the same color or can one be blue and the other red on the same side? Thanks, Nod
It doesn't matter as far as I know - But, if you like 3 Ducks you may want to look at the "Advanced" course - aint done it myself but there's a review here - http://www.systemsfortraders.com/for...-set-time.html - If you do do it appreciate any feedback

W
wilczek is offline   Reply With Quote
Reply


LinkBacks (?)
LinkBack to this Thread: http://www.trade2win.com/boards/forex-strategies-systems/26464-3-ducks-trading-system.html
Posted By For Type Date
Review - 3 Ducks Advanced 1 On 1 (Set Time) This thread Refback Jul 26, 2010 9:33am
Recent Posts This thread Refback May 15, 2010 1:50pm
Best manual system out there This thread Refback May 14, 2010 3:53pm
3 ducks indicator - NinjaTrader Support Forum This thread Refback May 14, 2010 4:37am
3 ducks - great for new or old traders - Page 16 @ Forex Factory This thread Refback Jul 31, 2009 8:13pm
Three Ducks Trading System - boards.ie This thread Refback Jun 6, 2009 12:05pm
3 ducks indicator - NinjaTrader Support Forum This thread Refback May 6, 2009 6:37am
Bonjour tous ! - Forum Forex This thread Pingback Jan 4, 2009 1:22pm
Message formatted for printing This thread Refback Apr 10, 2008 5:18am
Three Ducks Trading System - boards.ie This thread Refback Mar 25, 2008 6:34am
TMF: Re: Is short term trading worth the effort? / Day Trading - The Devil's Den This thread Refback Mar 11, 2008 8:50pm
kdrugan's bookmarks on del.icio.us This thread Refback Jan 18, 2008 6:24am
3 ducks - great for new or old traders - Page 16 This thread Refback Jan 6, 2008 6:11pm

Currently Active Users Viewing This Thread: 5 (3 members and 2 guests)
donovan5, GumRai, Rugby Trader
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
My "Psycho" System!! Good System For Your Trading Arsenal mazdaz Forex Strategies & Systems 17 Jul 6, 2008 11:10am
Trading System Nadine Mechanical & Systems Trading 7 Sep 15, 2004 4:19am
My very own trading system L33bets Mechanical & Systems Trading 18 Sep 8, 2004 6:36pm
ITS Trading System dwaddell Commercial Systems 0 Apr 29, 2004 11:33am


New To Site? Need Help?


All times are GMT -4. The time now is 7:02am.


Copyright © 2001-2010 Trade2Win.

Member, National Futures Association (NFA ID # 0402027). Please be aware that off-exchange retail foreign currency (forex) trading involves significant risk of loss and is not suitable for all investors. Increasing leverage increases risk. Before deciding to trade forex, you should carefully consider your financial goals, level of experience and risk appetite. Any opinions, news, research, analysis, prices or other information contained does not constitute investment advice.