I bought E/U @ 1.3630
TEB
TEB
Teb:tweedle-dee System 9 replies
Teb 4MA System 4 replies
TEB simple system 42 replies
TEB trading group 28 replies
Dislikedhello teb,
what teb systm had the buy signal?
Im still reading all your postings and try to find a System that works for me.
Im not shure TEB1 TEB2 or TEB3.I like TEB1, the trendlines and TEB2 the 2 stochs H4 and M30
My chart , should be TEB2Ignored
DislikedTeb you make this look easy, everytime I try, on demo of course... I seem to get burnt a bit and thank god it is demo!
Ok check this out...
First line:
Where the cross happened on a day - wait for the cross right, or can you take before day bar is closed out?
Second line:
Start looking at next day?
Third line:
4 hour cross confirmed, waiting for 4 hour bar to be closed like above?
Fourth line:
30 min crossed, when bar closed take next trade
5th line:
Take trade?
I got burnt, is this the correct way?!?!
Thanks
GuessIgnored
DislikedHi Teb,
Thanks for all your help so far. I am not clear about this trade and I have a few questions. Attached is my 30min chart.
1. Did you buy at the same point on my chart?
2. What method did you use for the exit? 533 cross on 4hr? If so, on my chart, close of the 4hr bar that crossed was 2.0180. Still a profit, but not as good as yours. Which is why I want to make sure I understand you correctly.
3. Is your 40(30)pip profit per lot or total for 2 lots.
4. 4hr, 30min (&5min). I know you stated earlier that you use the 5min as an alternative entry. Do you use it instead of the 30min or do they both have to line up?
5. Do you use an EMA for 'pip room' with TEB2?
Thanks again.
DeMacIgnored
DislikedHi Demac,
I am having the same issue with understanding this as well, even though I have read up on this thread and like the system.
My take on this, when the 4 hour crosses - wait for the 4 hour to close, filter through to 30 mins and wait for the 30 minute to cross in the same direction and then on the next bar take the trade, can anyone confirm this?
Thanks,
GuessIgnored
DislikedThat's the way I understand it as well. Which is why I am confused as to how TEB bought cable @ 2.0166 and closed @ 2.0196. I must be missing something.
DeMacIgnored
DislikedDon't think that is the case. The difference is too large. He made 30pips, I made 7. We must have entered/exited at different points.
Also, I remember him stating he used FXDD for charts. So do I.Ignored