A lots of set-up forming on the 1hour -TEB 50/14 system
- Joined Nov 2013 | Status: Member of the 5% club | 1,258 Posts
Understanding liquidity, Time Action and Price Action is priceless!
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Disliked{quote} Strong S/R areas -- hard to go through, hence, "iron strong constipation."Ignored
Dislikedgreat set up forming to bad tomorrow is the USA thanks giving so tomorrow and Fridays will be no trade days for me. or at the least out before London closes!! may well close up all trade before 4pm todayIgnored
Dislikedclosed the last of the 1st set of 7 trades I put on - with the holiday in the USD tomorrow - I closed it down 56 pips I made $2490 on all 7 trades together {image}Ignored
Dislikedaudusd did as I thought it would - I might have taken last night knowing there was a 50% I would get taken out I would have put on the 2nd trade if I was taken out ( with a 1 to 3 RRR I would still win ) {image}Ignored
Disliked{quote} I know you are trading on the 15min- there might have been a good entry on it. I did not check it.Ignored
Disliked{quote} Hey TEB63, I'm a big fan of your threads (have read most of them). What methods/systems do you think is the best to trade 1h (and/or 15m)? I love your SAM50 +CCI. Do you thing there is better one? I see a lot in common in your methods in terms of trading philosophy -- no BS analysis, no making up stories/scenarios. Maybe only the difference is money management. I firmly believe fixed SL/TP that earns steady small profits for a long time in any market conditions.Ignored