Big news out from the US in 30mins
And I am not trading news at this time
so I will be back at later
PIP PIP
And I am not trading news at this time
so I will be back at later
PIP PIP
Teb:tweedle-dee System 9 replies
Teb 4MA System 4 replies
TEB simple system 42 replies
TEB trading group 28 replies
Dislikedjarcrocker, what platform are u using. i ask because i use fxdd and the start times for the daily and 4 hr might be different from the one you used to do the backtest below. i want to duplicate your results and do more backtests.
thanksIgnored
Dislikeddo you think it matters much if 30 min stoc is used if daily and 4 hr are lined upIgnored
Dislikedthats correct thats why i use the 3 mmtf stoc and wait till they line up so i get actual levels of agreement in real time anyone else do thisIgnored
Dislikedwhat i meant was if daily is showing say up and 4 hr candle closes up to agree with daily why not enter there in stead of waiting for 30 min to line up most of the time in my looking back it already crossed on 30 minIgnored
DislikedTEB,
Is it better to wait until the 4hr stoch falls below 80 or raises above 20 before going to the 30 min to trade?Ignored
Dislikedeither way i have looked back on charts and it has shown tremendous wins especially the gbp/jpy this technique in reality is basic analysis i learned when i first started trading but didnt get it then i get it now trading on 30 min chart with higher timeframe trend is always the way to go i dont see any potential for whipsaws with this because of the higher timeframe stocsIgnored
Dislikedbased on your chart the euro is not a sell yet the 4 hr is not lined up with dailyIgnored