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Teb:tweedle-dee System 9 replies
Teb 4MA System 4 replies
TEB simple system 42 replies
TEB trading group 28 replies
DislikedI probably wouldn't buy here. the overall trend is on the downside in my opinion. my daily has a down cross on it right now. wait for the "A" trades.Ignored
DislikedAttachment
big red line is day the stoch
thin red line is the 4 hour
arrow is the 30 min stoch
red ema is 50
I wouldn't take this trade
it still might still be a winner?
but I would wait untill the 30 min stoch comes around again
the reason is price is to far a head of the 50ema
if price was on the other side of the 50ema
I would take the price trade ina NY secondIgnored
DislikedSo TEB, if I have it right: if price is above the 50EMA, and the stochs are aligned that will be a trade to the short side (much better than if price was below the 50EMA)?
So, in conclusion: short trade: if price is above the 50 EMA and pointing down. Long trade if price is below the 50EMA and pointing up.
Am I correct?Ignored
Dislikedshort?
candle formationis is long strong!
and you are a long way from the 50ema?
and it looks like your 30 min stoch is about to turn up.
it might be good to put on the 20% 50 % and 80% lines
on our stoch its just easier for you to see what is going onIgnored
Dislikedsorry it is below 50ema, not a strong one but would just like to know whether we need to see candle close on the daily, 4h or 20min to confirm stoch cross?Ignored
Dislikedyes but the 30min stuff is going against you?
it maybe the worse time to get in?
if the 4 hour stoch is going the right way it is only a matter of time till the 30min stoch will follow suite & it will be a better price likelyIgnored
Dislikedyes but the 30min stuff is going against you?
it maybe the worse time to get in?
if the 4 hour stoch is going the right way it is only a matter of time till the 30min stoch will follow suite & it will be a better price likelyIgnored
Dislikedbut its crossing against you on the bottom
& worse I think it is raising out of the 20%
I don't know for sure because you still don't have lines on the stochIgnored