The 3 Duck's Trading System

[since77]

Hi guys, just little puzzled with how Robopip gets a profit of 252 pips with 23 wins and 50 losses? if SL and TP are both 30 pips, shouldnt it be (23x30)-(50x30)= -810 pips? I must be calculating somethnig wrong here.

[tonymand]

Hi guys, just little puzzled with how Robopip gets a profit of 252 pips with 23 wins and 50 losses? if SL and TP are both 30 pips, shouldnt it be (23x30)-(50x30)= -810 pips? I must be calculating somethnig wrong here.

average losing trade is clearly shown as slightly over 9pips. You dont understand what he has done and need to reread his explanation

[since77]

average losing trade is clearly shown as slightly over 9pips. You dont understand what he has done and need to reread his explanation

thanks Tony. Did not see the crossover rule. Thought stop loss is also fixed at 30pips. Greetings to all duck hunters

[dobro]

OK, where is Robopip's explanation? Or is it on another thread? d.

average losing trade is clearly shown as slightly over 9pips. You dont understand what he has done and need to reread his explanation

[tonymand]

OK, where is Robopip's explanation? Or is it on another thread? d.

Hi Dobro - he has set it out in his 2 blogs along with the full test results. Not how any of us use the approach I expect but interesting non the less.

[d-pip]

A nice textbook 3 ducks entry on GU around the NYSE open. Both 240 & 60 time frames are in a strong up trend.

A clean 123 pattern on the 5m before the break of the recent swing high level at 1.6105. I jumped the gun a few pips and entered at 1.6102.

I don’t know how it will play out, general market sentiment seems to be risk off so I’m keeping a tight stop in place.


PS nice set-up, bad trade, got stopped out.

[craigfx]

Not how any of us use the approach I expect but interesting non the less.

Seems a little counter productive with his test since it's missing a Major key ingredient. But like you said, interesting non the less.

[MattW2009]

A nice textbook 3 ducks entry on GU around the NYSE open. Both 240 & 60 time frames are in a strong up trend.

A clean 123 pattern on the 5m before the break of the recent swing high level at 1.6105. I jumped the gun a few pips and entered at 1.6102.

I don’t know how it will play out, general market sentiment seems to be risk off so I’m keeping a tight stop in place.


PS nice set-up, bad trade, got stopped out.

The keener risk entry was back at the 80 level but your entry was still a good position you just might have benefited from keeping your stop under that pivot area around the 80 mark. Did you get back in on the later option, highlighted?

[d-pip]

The keener risk entry was back at the 80 level but your entry was still a good position you just might have benefited from keeping your stop under that pivot area around the 80 mark. Did you get back in on the later option, highlighted?

Matt, I didn’t get back in on the later option you highlighted. Euro markets were closing, US stocks seemed to be having a big risk off day, and it was lunchtime here on the US East Coast.

I had my stop 20 pips under the entry at 1.6082 and I don’t mind getting stopped out when the set-up is valid, it’s just part of the game.

GU is not my favorite pair to trade, it seems a bit wild sometime. I guess if I had used a wider stop it would have eventually come home.

I do like those 123 pattern entries on the 5m!

[Captain Currency]

Greetings New 'n' Old Duck Hunters,

A Quack Question
In what year did you first download The 3 Ducks e-Book?

The 3 Ducks e-Book was published in 2007.




Andy