I hope this helps you.

Here Is An Idea Of My Current View On Some Currency Pairs Using The 3 Ducks Trading System.

November 23rd 2011 at approx midday Dublin Time;

Eur.Usd – Same as last week, I would be looking for selling opportunities when my 3 ducks line up.

Gbp.Usd – Same as last week, I would be looking for selling opportunities when my 3 ducks line up.

Eur.Gbp – The Euro is slightly stronger than the Pound at the moment and I would be looking for buying opportunities when my 3 ducks line up.

Usd.Chf – I would be looking for buying opportunities when my 3 ducks line up. A break and hold below the 0.9080 area would get me neutral on this pair.

Aud.Usd – I would be looking for selling opportunities when my 3 ducks line up.

Usd.Cad – I would be looking for buying opportunities when my 3 ducks line up.

Usd.Jpy – I would be looking for the selling opportunities when my 3 ducks line up. A break and hold below the 76.70 area would be good for the bears again.

Eur.Jpy –I would be looking for the selling opportunities when my 3 ducks line up. Sellers next goal is a break of the 103.20 area.

Hope that helps you.

Keep it Simple,
Andy



FREE EBOOK "The 3 Duck's Trading System"
email: captaincurrency@eircom.net
Subject: ebook SFT

The Advanced 3 Ducks 1 on 1 Training Course
For more details email: captaincurrency@eircom.net
Subject 1on1 SFT



These are not trade recommendations. The 3 Duck’s Trading System is best used as a set of guidelines with discretion in addition with your own market analysis and trading ideas.

Hi ALL. Just to give a quick update. I have just finished my third week trading the 3ducks 1 to 1.
I truly am very impressed with its simplicity AND (more importantly +pips!) + 349.
As I am now posting in the 'private' room I tend not to post here but I AM posting all my trades before they have kicked in, LOSSES as well as winners. Now, I know it is still early days but seriously I can not recommend doing the 1 to 1 enough. Marvelous!
Bye for now, hope to see you on the 'inside'.

I hope this helps you.

Eur.Gbp gave us a nice "set and forget" 20 pip stop-loss, 40 pip reward trade set-up yesterday (chart attached)

Here Is An Idea Of My Current View On Some Currency Pairs Using The 3 Ducks Trading System.

December 14th 2011 at approx 11am Dublin Time;

Eur.Usd – current spot price is 1.3035, I would be looking for selling opportunities when my 3 ducks line up.

Gbp.Usd – current spot price is 1.5502, I would be looking for selling opportunities when my 3 ducks line up.

Eur.Gbp – current spot price is 0.8407, the GBP is stronger than the Euro at the moment and I would be looking for selling opportunities when my 3 ducks line up.

Usd.Chf – current spot price is 0.9461, I would be looking for buying opportunities when my 3 ducks line up.

Aud.Usd – current spot price is 1.0011, neutral on this pair at the moment. A break and hold below the 0.9980 level would help get me bearish on this pair.

Usd.Cad – current spot price is 1.0341, neutral on this pair at the moment. A break and hold above the 1.0400 level would help get me bullish on this pair.

Usd.Jpy – current spot price is 78.00, neutral on this pair at the moment.

Eur.Jpy – current spot price is 101.57, I would be looking for selling opportunities when my 3 ducks line up.

Hope that helps you.

Keep it Simple,
Andy


FREE EBOOK "The 3 Duck's Trading System"
email: captaincurrency@eircom.net
Subject: ebook SFT

The Advanced 3 Ducks 1 on 1 Training Course
For more details email: captaincurrency@eircom.net
Subject 1on1 SFT



These are not trade recommendations. The 3 Duck’s Trading System is best used as a set of guidelines with discretion in addition with your own market analysis and trading ideas.

"It's beginning to look a lot like, Chri…..

When I was growing up, they called it Christmas. Now, in order to offend no one, they call it nothing.

Happy Holidays Duck Hunters and I hope 2012 brings you plenty of pips.


Wise Men, Wise Words “Your Patience’s With The Market”
The Fx market may be quiet during holiday times so your patience’s with the market could be required.

“Wisdom”
Your Ducks may line up this week but a better trader will know that their Ducks will work best when there is good liquidity out there in the market.


Below Is An Idea of My Current View on Some Currency Pairs Using The 3 Ducks Trading System.

December 21th 2011 at approx 8am Dublin Time:

Eur.Usd – current spot price is 1.3120, I would be looking for selling opportunities when my 3 ducks line up. Price needs to get back below the 1.3000 area first.

Gbp.Usd – current spot price is 1.5713, neutral on this pair at the moment.

Eur.Gbp – current spot price is 0.8352, same as last week, the GBP is stronger than the Euro at the moment and I would be looking for selling opportunities when my 3 ducks line up.

Usd.Chf – current spot price is 0.9278, neutral on this pair at the moment.

Aud.Usd – current spot price is 1.0194, the bullish movement in the last 2 days has bucked the recent down swing so I’m neutral on this pair at the moment.

Usd.Cad – current spot price is 1.0239, the bearish movement in the last 2 days has bucked the recent up swing so I’m neutral on this pair at the moment.

Usd.Jpy – current spot price is 77.73, neutral on this pair at the moment. This pair has been going sideways for the last 4 weeks so boring for a trend trader!

Eur.Jpy – current spot price is 101.98, I would be looking for selling opportunities when my 3 ducks line up. A break below the 101.60 area is needed first.


Hope that helps you.

Until next time Buddy, Keep it Simple


Andy



FREE EBOOK "The 3 Duck's Trading System"
email: captaincurrency@eircom.net
Subject line: ebook SFT

The Advanced 3 Ducks 1 on 1 Training Course
For more details email: captaincurrency@eircom.net
Subject 1on1 SFT




These are not trade recommendations. The 3 Ducks Trading System is best used as a set of guidelines with discretion in addition with your own market analysis and trading ideas. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Hello Duck Hunters,

Last 3 Ducks trade for 2011.

Selling Eur.Gbp with a 20 pip stop-loss and a 40 pip take profit (hit) chart attached.

See you all in 2012.

3 Ducks ebook;
If anybody is interested in doing a small bit of reading over the holidays you can pick up a free copy of The 3 Duck's Trading System ebook on The Captain Currency blog.

Andy




The Advanced 3 Ducks 1 on 1 Training Course
For more details email: captaincurrency@eircom.net
Subject line: 1on1 SFT

A quick question before we start trading in 2012...

Question
Might you be a bit of a “Dabbling Duck”?

Dabbler
Let me just explain what a Dabbler is; a “dabbler” is someone who engages in an activity such as trading superficially or without serious intent.

Hold on, don't answer just yet.

Therefore a “Dabbling Duck” might be a trader who;

1) Looks at the 3 Ducks Method every now and again without any real plan or serious intent to trade with it.

2) A “Dabbling Duck” might be a trader who looks at their charts hours after the 3 Ducks lined up and say something like “I cudda had that one”.

3) A “Dabbling Duck” might be a trader who is lacking a clear plan and approach to their trading at the moment.


Do ya reckon ya might be a bit of a Dabbling Duck? I wont tell another person.


The opposite to a “Dabbling Duck” might be a “Diving Duck”

A “Diving Duck” might be a trader who is

1) Fully committed to trading with the 3 Ducks and has a clear plan and approach to their trading.

2) A “Diving Duck” might be a trader who fully understands what the 3 Ducks are trying to achieve and knows that the 3 Ducks are putting the probabilities in their favor.


Good trading to you in 2012,

Andy


2012.jpg

All the best to you for 2012 Andy !

I'm a Dabbling Duck at best, but more like 'Ducking terrible at trading'. Hands up though, most of my losses are either 'return to sender' systems that I regret wasting time on, or (the BIG losses) the 'surely the market has topped/bottomed out?' punts with no aspect of risk management or planning. To quote the Hangover, "there's a demon inside me!". Confession time - I nuked my learner account (real money but not the mortgage) over Christmas on a long Gold 'punt'. 0.25% per pip, 500 pip stop... you do the maths. Here is a chart of my trade:

| V
+--

I went long at the top left of the V, lost the account at the middle of the V, and watch the price go up to the top right of the V again. But enough of that flagellation! I guess I'm explaining why I'm looking at this stale old 3 Ducks thread again.

The private forum seems to get tons of posts (=good), Captain Currency posts his updates here (=good) BUT BUT BUT, there are never any performance figures or historical results!! I'm not saying that from a suspicious point of view, but I think it's unique in the world of forex for a system to be paid for by a customer on the basis of a free lite version and internet forum comments, no? Surely there must be some way of summarising some kind of performance - maybe someone who uses this could post?

(Translation - I'm clutching at straws to try and hammer some trading discipline into myself and of course I think I should buy yet another system, just trying to talk myself into/out of this one )


Sorry for the random mutterings!
Z

First of all, my sympathies z for the demise of your learner account. I'm a former Diving Duck, now in hibernation.
My experience with the 3 Ducks was good success on demo with the free 3 Ducks e-book in August; my subsequent experience with the 3 Ducks 1-on-1 methodology in September and November has been less successful. Not sure why. My guess is that the method sometimes "works" and sometimes doesn't and forum activity reflects people's good patches and they tend to disappear when their results go off the boil. Trouble is there are 9+ currency pairs to apply it to, any time of day trading, a degree of subjectivity and "tweaks" to fit to one's own existing methodology so a performance test as per say, Forex Morning Trade, would be difficult.

That having been said, a "journal" tracking use of the method based on set-out parameters would be useful. I've used both 3 Ducks approaches, stuck to the "rules" and sometimes they've worked for me sometimes npt.

Originally Posted by zorba_g

The private forum seems to get tons of posts (=good), Captain Currency posts his updates here (=good) BUT BUT BUT, there are never any performance figures or historical results!! I'm not saying that from a suspicious point of view, but I think it's unique in the world of forex for a system to be paid for by a customer on the basis of a free lite version and internet forum comments, no? Surely there must be some way of summarising some kind of performance

In trading I believe everybody has to be responsible and put in a bit of hard work at the start in testing and creating their own performance. The results you achieve will be in direct proportion to the effort you apply and how effective and profitable the method is depends on your discretion, trade selection, discipline, patience’s and your choices and skills in the market.

Originally Posted by zorba_g

maybe someone who uses this could post?

Not For Everybody
Trading is not going to work for everyone, some people are not cut out to be traders but if you follow the basic steps at least you will know if it works for you. The real proof is in your execution of the method by the trader.

If you are considering purchasing The Advanced 3 Ducks 1 on 1 Training Course and are curious to get an idea of what your performance might be why next test it yourself?

Use the basic 3 Ducks ebook and test it, this is the best way to figure out if this will work for you.

After your course open a micro account or demo trade the set and forget approach and the advanced teaching yourself.

You will spot a good approach from the start just from observing what you benefited just from the Basic 3 Ducks e-book.

Ask yourself “was it actually something that helped you” ? This would be a good indication to see what the actual potential is for you.

What Traders say;
The first thing most most traders say who come on my course is "Andy I've spent so much money on systems and most work for six months and then give all the profits back to the market"

Not a System;
The 3 Ducks Trading System is not a mechanical system it is a set of great guidelines, a way to clearly look at the market or an approach to put the probabilities in your favour and to help you become a better trader who can then make much better trading decisions that will make money in the market.

Problem with Systems
You should never blindly follow a system and risk money on trades. Systems don't work 12 months of the year, they go through phases when the market conditions suits/don't suit their style.

Advanced 3 Ducks
The application of the approach is most important and therfore a trader needs to be in control over the (approach) and the trader must know;
1) The approach inside out
2) What it is trying to achieve
3) Where and when to use your discretion and judgement
4) How and when it is going to work best
4) Why it is doing what it is doing at the present moment
5) You need to know when the market conditions suits your approach
6) You need to know when the market condition don’t suit your approach
7) a trade strategy
8) an approach to keep emotions out of trading and an approach to give yourself the best possible oppertunity in trading.

this and more is the benefit of the advanced course for those that like/enjoy/use the basic 3 Ducks.

I know Zorba's question was asked in good faith and it was not my intentions to "puke" on this thread.


Andy