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- hensch replied Dec 8, 2006
SRDC Level II Manual — As promised, here you have it. Ready to be downloaded. Enjoy it! Henry
SRDC Episode II
- hensch replied Dec 8, 2006
Level II Manual Heads up — I've just finished the Level II manual. Pipmaster Jedi Roshan has given his OK to post it, but I have to make some minor corrections first. I expect to have it ready tomorrow. So please hold on a little longer, we're ...
SRDC Episode II
- hensch replied Dec 7, 2006
Nothing new to post today. Study channel action, That's the key! I'm preparing a short manual explaining the SRDC Level II. I have it almost finished, but first I want OR to check it before posting. Stay tuned! Henry
SRDC Episode II
- hensch replied Dec 7, 2006
1. Did I do correctly for today's LRC & Fibo for today's trade setup? Bom Bom, LRC is OK, Fibos are placed at 00:00 every day inside the channel. Please read previous post where I explain in detail how to draw Fibos. 2. Please, take a look on the ...
SRDC Episode II
- hensch replied Dec 7, 2006
Good question Lou. If we follow the system, we know that in a bearish trend we are only allowed to go counter-trend at Q4. As you correctly point out, in a down trend, that's going to be a retracement so caution must be used, because it may reverse ...
SRDC Episode II
- hensch replied Dec 6, 2006
Melissa, Thanks for the kind words. I'm just trying to help. I really appreciate the extra work for setting up the TS room. That's been an awesome improvement. Thanks also to traderbill, rojam, downunderdave, wilma, OR (of course) and anybody I've ...
SRDC Episode II
- hensch replied Dec 6, 2006
Channels — Let me seize the opportunity to clarify the following to everybody. At this point, Level II -part 1 and 2- has been mostly, if not totally explained (I really don't know). However, OR has put special emphasis on the fact that before ...
SRDC Episode II
- hensch replied Dec 6, 2006
Fibo Levels — Sirwolf, We draw the fibo levels every MONDAY (blue fibos). These are going to be our weekly levels, so we leave them fixed all week. After that we draw a new set of fibs on Tue (red fibos) and we move those everyday to the ...
SRDC Episode II
- hensch replied Dec 6, 2006
Michelle. To draw the quadrants, you may use a trend line and place it in the middle of the channel or as OR prefers, you can use the equidistant channel built in MT4. To do that 1) Open the equidistant channel tool. 2) Align it to the LRC. image ...
SRDC Episode II
- hensch replied Dec 6, 2006
So far, OR has made two (really great)unannounced appearances on the room. We are trying to get organized and see if we can have sort of a schedule. However, we have to keep in mind that, in a previous post, OR mentioned somewhere that at this ...
SRDC Episode II
- hensch replied Dec 6, 2006
Quadrants — The Quadrants concept was introduced to the LII last Monday. The idea is to divide the channel in four sections where we can orderly enter trades. The idea is this: Bearish Trend image Do the opposite in a Bull Trend. According ...
SRDC Episode II
- hensch replied Dec 6, 2006
Drawing the LRC — OK, after the TeamSpeak session today, that's the way our channels should look like (without the Quadrant Lines) and these are the facts to consider for correctly drawing them: We use The LRC channel. This is LINEAR ...
SRDC Episode II
- hensch replied Dec 6, 2006
Heads UP!!! — May I have your attention please. In a moment I'll be posting the rules to draw the LRC. This is the result of our TeamSpeak session today, so please hold on. Something else. For those not attending or not being able to make it ...
SRDC Episode II
- hensch replied Dec 6, 2006
Aha, I agree with you. I've left the previous channel just in case... However, drawing the new bearish channel is a must because otherwise we lose reference on how price travels inside channels which, IMHO, is a key factor of the system. Certainly ...
SRDC Episode II
- hensch replied Dec 6, 2006
Linear Regression — Bom Bom, that's built in MT4 Go to Insert>Channels> Linear Regression. Please, read back a few posts and you'll understand how to draw it. Hope this helps. Henry
SRDC Episode II
- hensch replied Dec 6, 2006
Bom Bom, that's the SHI channel. We are using the LRC (Linear Regression Channel). CCI is OK Henry
SRDC Episode II