Recent content by CaptainCurrency

Hello Tradewiz, It would all depend if I think it can move further! If prices are after moving 100 pips already and are now just getting under the 1 hr sma, I would probably pass on that trade (eur.usd). Best to use the system as a guide in addition to your own market knowledge and common...

Hello Traders, The 3 Duck's Trading System ebook will be out shortley, if you would like a free copy send me an e-mail captaincurrency@eircom.net subject: ebook Kind Regards, Captain Currency

(Bloomberg) -- The bird flu virus found at a poultry farm is the deadly H5N1 strain, U.K. officials confirmed today. The source of the infection at the farm, home to 5,000 turkeys, more than 1,000 ducks and almost 500 geese, is under investigation, the Department for Environment Food and...

Hello all, Looks like cable is getting pulled into the 4hr 60ama, it has'nt been under this in a few weeks. Maybe we will start to get sell signs on the pair when everything is lined up in the same direction.

Hello Pma, Yes some nice moves across the board, never thought cable would get that high today. Kind Regards, Captain Currency

Hello again IronFist, The short answer to your question is NO. Reason being, as Ive said a few times before, I use the "system" more as a guide, so if I think its time to get out of the trade based on my market knowledge or support/resistance or whatever reason, I will exit. I think if 10...

Hello Sim, LOL, Yes I thought thats what you where talking about. The system belongs to the 3 ducks, they own it! (I cant believe I am writing this) therefore its The 3 Duck's Trading System. :D What a way to spend our Friday night! Kind Regards Captain Currency.

Hello Sim, Your going to have to help me on this one, where do you think I need to lose the apostrophe? :D Kind Regards, Captain Currency.

Hello IronFist, I will have a look on the daily chart for past highs and lows and use them as potential profit areas. I will also say "If Im risking 30 pips, I will be looking for X amount of pips in relation to my risk" obvisouly better than 1v1 if possible. If my target is not reached and...

Hello Traders, THE EARLY BIRD CATCHES THE WORM! A nice easy trade set-up on the Ducks earlier this am on Gbp/Usd, I bought at 2.0235 when prices crossed the last high and the sma on the 5 min chart - All 3 Ducks Lined UP! my stop-loss was placed 30 pips away from the entry, it would have...

Hello Hcour, http://www.reuters.com/article/blogBurst/investing?bbPostId=CzDYogVrP3OshCz3FPmqS4L0VMB9aZn9qFwE7nB5dspQHHGgBW Kind Regards, Captain Currency

Hello Traders, Did you see the Ducks on REUTERS website yesterday? Kind Regards, Captain Currency.

Hi pma, Thanks for the reply. I would'nt totally agree that the system tries to pick tops & bottoms. Not like some systems I've seen! I would say the system tries to trade in the direction of the last trend or swing, picking up enteries when prices keep/return (with confirmation) to moving in...

Hello Pma, Yes you could just apply a 60 period sma, a 720sma and a 2880 sma all on a 5 min chart, same as having the 60 sma on the 1 hr and 4 hr charts. Well spotted. :) King Regards, Captain Currency

Typical Friday afternoon type of trading - not much happening! The 3 Duck's Trading System got a few chances to trade in the last few hours. The EUR/USD got a buy, the USD/CAD got a sell, the USD/AUD got a buy. I bought USD/AUD at .8648 with a stop-loss at .8624ish, the target was open but I'd...