The 3 Duck's Trading System

[Captain Currency]

Hello kauaibobby,

30 sma?? Monthly timeframes??

Yes, EUR.GBP, I would prefer to be buying too, but its not a pair I trade a lot using The 3 Duck's Trading System

Kind regards,

Captain Currency

[kauaibobby]

seems to me the more time frames that say the same thing, the better the odds of the trade going your way.
And i like PSAR indicator as a confirmation.
What do you think ?
I like your simplicity.
I am looking for something that is simple, because that is what i read about that seems to work a lot.
I like using higer timeframes because i dont want to have to check trades all day long.
just once a day.

[richrichie]

Oh Captain ,My Captain

Thanks so much for posting this one, read your posts here and at T2W

I cant believe how easy your system/guide is, maybe now I will live up to my name and make some moola for a change. My trading has been going nowhere slowly(4 steps forward and 4 back) Cant wait for monday to feed some ducks and wait for them all to get in a little row

Many Many thanks

Richrichie

[droesparky]

Wouldnt you think also that when All indicators are lined up in one direction across MTFs its about time for a reverse?

[kauaibobby]

thats why i am just on demo to see what works.
Its nice that you can demo as much as you want and not lose any money and gain knowledge i hope.
Just have to keep trying until i get it right.
but then im wondering if it will all just turn the other way ?
I still have so much to learn.

[codybear]

Originally Posted by kauaibobby

seems to me the more time frames that say the same thing, the better the odds of the trade going your way.
And i like PSAR indicator as a confirmation.
What do you think ?
I like your simplicity.
I am looking for something that is simple, because that is what i read about that seems to work a lot.
I like using higer timeframes because i dont want to have to check trades all day long.
just once a day.

so how are you doing??

[Jocelyn]

Originally Posted by kauaibobby

I am looking for something that is simple, because that is what i read about that seems to work a lot.

I like using higer timeframes because i dont want to have to check trades all day long.

Have you explored the content within this thread at all?

Trade the v-formation "system"

I'm really not too surprised this thread hasn't attracted more attention to be honest. It doesn't contain a plethora of fancy indicators or ridiculous notions which appears to be the minimum requirement of those seeking the holy grail on public boards.

But the principles of his thread are a sound, efficient, common sense template. I'd stay on the 4 hourly + timeframes if I were you. Anything lower without a good deal of experience & you'll end up deep in the brown stuff.

Combine it with the basics & principles of this thread.....

Alternative Technical Templates.

and you just might have the beginnings of a fruitful relationship with the markets!

It certainly offers you what you're looking for on both counts, & it's based around common sense observations.

[dobro]

J. - Whenever I read a post of yours or Tess's I think of the quote made by Charlotte Whitton, the former Mayor of Ottawa: "Whatever women do they must do twice as well as men to be thought half as good. Luckily this is not difficult." d

[Jocelyn]

hahahahaha

Yes, Ms Whitton was well known for her raspish quips & comments. A quite brilliant academic she was too.

I like her rather caustic quote which she used several times in speeches, especially to those (men) who audibly attacked her in the popular press:

"Man cannot live by (his) incompetance alone"

She was also well quoted with the following, which I think is very relevant when discussing & considering the merits of trading:

"It's how you deal with failure that determines how you eventually achieve success"

[dobro]

Originally Posted by Jocelyn

hahahahaha

Yes, Ms Whitton was well known for her raspish quips & comments. A quite brilliant academic she was too.

I like her rather caustic quote which she used several times in speeches, especially to those (men) who audibly attacked her in the popular press:

"Man cannot live by (his) incompetance alone"

She was also well quoted with the following, which I think is very relevant when discussing & considering the merits of trading:

"It's how you deal with failure that determines how you eventually achieve success"

Thank you, more quotes to think about. d