Best Thread The 3 Duck's Trading System
- Thread starter Captain Currency
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Hi Gang, this is just what i was looking for to combine with MACD divergences and pivot points to get a gist of the overall trend of the market - it looks to work excellently.
I just entered short on the EUR/USD with a limit sell below the low (at the pivot point) 1.5555 and am about +25 pips as I type this. Works great trading off resistence like we've just seen.
Many thanks Captain.
I just entered short on the EUR/USD with a limit sell below the low (at the pivot point) 1.5555 and am about +25 pips as I type this. Works great trading off resistence like we've just seen.
Many thanks Captain.
Captain Currency
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Hello all you Duck Hunters,
Just to let you know, you can now download The 3 Duck's Trading System ebook by clicking on the ducks logo in the right hand column of The Captain Currency blog.
Kind Regards,
Andy.
PS: Apologies to everybody who sent me an email requesting the ebook. I could not reply to the emails because I have not had a free minute in the last month or so
Just to let you know, you can now download The 3 Duck's Trading System ebook by clicking on the ducks logo in the right hand column of The Captain Currency blog.
Kind Regards,
Andy.
PS: Apologies to everybody who sent me an email requesting the ebook. I could not reply to the emails because I have not had a free minute in the last month or so
Yep, but I am struggling to make this system work for me.
Does it matter how far away from the 60SMA the price is on the 4h and 1h charts?
Although it worked the first couple of times, it hasn't worked since.
Today I took a position on USD/CAD, double checked it with the 10SMA crossing the 20SMA and saw 20 pips profit, before it fell back and stopped me out.
I'll keep tinkering with the Limit and Stop levels, maybe i'm being to greedy and should just take the 15-20 pips when I have them. What do you guys reckon?
Does it matter how far away from the 60SMA the price is on the 4h and 1h charts?
Although it worked the first couple of times, it hasn't worked since.
Today I took a position on USD/CAD, double checked it with the 10SMA crossing the 20SMA and saw 20 pips profit, before it fell back and stopped me out.
I'll keep tinkering with the Limit and Stop levels, maybe i'm being to greedy and should just take the 15-20 pips when I have them. What do you guys reckon?
Personally think it will change each time depending upon s/r on the chart.
guess so, im really bad with pivot points
hmmm...other ppl that are using it: Does pivot points work for you?
Obvious Questions
Hello All,
Interesting system,
1) Does anybody run the 3 duck system on meta trader using an automated expert advisor for live trading so you can sit back and let this strategy make profit for you?...
2) How many pips per day does this system make on average?
3) Also if this strategy works why isnt everybody using it?
Regards,
James
Hello All,
Interesting system,
1) Does anybody run the 3 duck system on meta trader using an automated expert advisor for live trading so you can sit back and let this strategy make profit for you?...
2) How many pips per day does this system make on average?
3) Also if this strategy works why isnt everybody using it?
Regards,
James
Trading isnt about haveing the right system, its about Using a system in the right way =)
Hello All,
Interesting system,
1) Does anybody run the 3 duck system on meta trader using an automated expert advisor for live trading so you can sit back and let this strategy make profit for you?...
2) How many pips per day does this system make on average?
3) Also if this strategy works why isnt everybody using it?
Regards,
James
if you could answer the other 2 questions that might actually bring something to the table.
