Recent content by Gela

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    Best Thread The 3 Duck's Trading System

    Limited Choices for US residents Due to the FACTA regulation US customers are severally restricted to chose an overseas broker. They don't touch us anymore. As soon as they see there is any connection to the US they ask for utility bills, tax returns, proof of address etc. I have German...
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    Best Thread The 3 Duck's Trading System

    I have a question maybe you guys can help with. I use my own strength analysis, similar to NVPs, but I am not sure how to mix the different time frames. For instance if I do my analysis shortly before the 8am NY open on the 4 hour chart. Can I then use it all day long and will it be valid...
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    Best Thread The 3 Duck's Trading System

    Minutes These are the summary minutes from the last April meeting. Not an interest rate announcement. Sometimes the market looks at the minutes for some more clarification or hidden language, or just confirmation. From what I have seen the dollar moves around the minutes but not drastically...
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    Best Thread The 3 Duck's Trading System

    I just read about the new US law FATCA, that will be enacted on July 1, 2014. This might not be the right place for political discussions but this law is very scary and I wonder what it will do to the entire currency market (and the US economy as a whole) in the near and long future. The press...
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    Best Thread The 3 Duck's Trading System

    Strength works Hi NVP, I would use your FX Correlator but I don't use Metatrader. :-( When I first started using the 3Ds I did not consider correlations between currencies at all. Whenever I saw all 3 Ds lined up I would just enter, on any pair. That worked sometimes but a lot of times it...
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    Best Thread The 3 Duck's Trading System

    I have a long trade in on CAD/CHF since yesterday. That pair has been ranging for a while but I am waiting for a breakout to the upside, as the CAD seems much stronger than CHF at the moment. 3Ds are lined up currently. If it does not break out in the next days I will just close. Maybe on...
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    Best Thread The 3 Duck's Trading System

    I just read this article on Bloomberg and it talks about how even the big banks are struggling to stay profitable in the low volatility currency environment. " The euro traded in its narrowest range against the dollar since its 1999 debut in the last week of April, moving just 0.7 U.S. cent...
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    Best Thread The 3 Duck's Trading System

    Zoom out I know the 3D strategy demands the 4 hour chart for trend confirmation. But the Captain also says that it is a discretionary approach, which to me means to look around your charts some more, plus news, candles etc. If you look at the GBP/USD on the daily chart and go back you can see a...
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    Best Thread The 3 Duck's Trading System

    How to trade then? Adecco, this is just my observation, and after reading about "the markets" from experts much smarter than me. But it does make sense to me, especially if you throw some bigger forces like highly specialized banks, speculators and high frequency trading in the mix. But that...
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    Best Thread The 3 Duck's Trading System

    No clear trends As a beginner I am only comfortable trading anything on a clear trend. And that is the problem. Not much clearly trending right now, at least not on my charts (LOL). The 3 Ducks are a trend following approach so it will be difficult to implement on sideways ranges. The GBP has...
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