counter trend trades — Hi TEB63 Thanks for all you're doing. I'm slowly getting more confident in my trading thanks to your system. I have a question regarding counter trend trades. For example, today you have given the GBP/USD pair a very ...

TEB 5ema & 12ema and 21 RSI (MTF)

Hi Sriloba Sounds good sense. Although it does seem to be adding to TEB 63s system. I will be glad to hear TEB 63s view, and see what he does longer term. Thanks, I will look at what you say.

TEB 5ema & 12ema and 21 RSI (MTF)

Hi Sriloba Thanks for that. I was stopped out - thankfully demo - but as it turns out, had I put a wider SL on it would have finally come back into profit. (Story of my trading career). But I am doing better following! this system.

TEB 5ema & 12ema and 21 RSI (MTF)

Answer! — I entered short at 2986 - a bit over zealous. Luckily only on my demo account. Doesn't seem to be working out too well at the moment. We live and learn!!

TEB 5ema & 12ema and 21 RSI (MTF)

Just a quick thought. TEB says the EUR/USD is in bull trend. At the moment there seems to be a sell setup shaping up on the 30 min chart. Would this be a valid trade assuming the 5 min sets up as well? Thanks.

TEB 5ema & 12ema and 21 RSI (MTF)

That's OK then. So long as I'm not mis-reading my charts.

TEB 5ema & 12ema and 21 RSI (MTF)

Seems like the EUR/USD is setting up for short trades now. (15:50)

TEB 5ema & 12ema and 21 RSI (MTF)

Hi Iak Not sure your short trade followed the rules of this system. But as long as you made money, that's the important thing. Jobey

TEB 5ema & 12ema and 21 RSI (MTF)

Hi to Poland Which pairs have you tried this with? I assume because you're taking into account the London & NY opens, it must be for the EUR and GBP crosses. Thanks for sharing a simple system. Simple is best.

Edźwin's M15 system - proverbial construction of flail :)

5/12 ema system — That's one of the things i like about this thread. The system doesn't change from day to day. Eventually I'll learn to trade it properly! Thanks TEB63

TEB 5ema & 12ema and 21 RSI (MTF)