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TEB sytstem

  • #2,201
  • Sep 7, 2007 8:05am Sep 7, 2007 8:05am
Quoting DeMac
Hi Teb,

What size stop did you use for cable? Between your entry and exit, cable on oanda went down to 2.0161 (74 pips from your entry). Did you exit and re-enter?

For your cable exit @ 2.0296 did you use a 5min cross? 30min cross was much lower. 4hr hasn't crossed yet. Do you exit using a smaller timeframe after a big move?

DeMac
on the out-- Don't get greedy!!!

I added a lot every 25 pips down on both pairs!
NFP -- normal rules don't mean anything


TEB
  • #2,202
  • Sep 9, 2007 9:47pm Sep 9, 2007 9:47pm
Quoting TEB63
Short term buys
Cable @ 2.0235
E/U @ 1.3688

TEB

Hey TEB, did you use TEB2 to justify this trade?

Also, since you have gone back to TEB2, have you changed anything with regards to stop losses?

I would love if you have some time, to take us through an average day of yours. it would surely give us better insight into how you trade and employ your strategies. thanks again for helping us out teb.

peace
  • #2,203
  • Edited 4:59am Sep 13, 2007 4:47am | Edited 4:59am
Hi one and all

Been playing with some Ideas

on is with the TEB2
if you put a 25 & 50 ems on a 4 hour chart
& may not need day chart

I did taken this from an other tread

Attached Image (click to enlarge)
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TEB
  • #2,204
  • Sep 13, 2007 9:46am Sep 13, 2007 9:46am
How do you use the emas? Do they tell you the longer term trend? i.e. Blue above Red, then you're looking long
  • #2,205
  • Sep 13, 2007 3:14pm Sep 13, 2007 3:14pm
Quoting JochY
How do you use the emas? Do they tell you the longer term trend? i.e. Blue above Red, then you're looking long
Blue is up Red is down ... which ever is on top is the trend!!



works better om the day chart of course


TEB
  • #2,206
  • Sep 14, 2007 10:14am Sep 14, 2007 10:14am
I have been viewing this thread for the last week. Can someone give me a brief description of TEB1 TEB2 and TEB3? I tried to read as many pages as I could but there are way too many. Any help would be greatly appreciated.
  • #2,207
  • Sep 14, 2007 10:18am Sep 14, 2007 10:18am
Quoting TEB63
Hi one and all

Been playing with some Ideas

on is with the TEB2
if you put a 25 & 50 ems on a 4 hour chart
& may not need day chart

I did taken this from an other tread

Attachment



TEB
But if you don't look at the 4 hour chart for your triggers, what TF are you looking at for confirmations.
  • #2,208
  • Sep 15, 2007 4:51am Sep 15, 2007 4:51am
Hi one and all

I have a wild week this week & very little time
so I am going to try something - its an old trading system
(its the VERY VERY Very OLD "traders big foot system" )
but its very very a simple & it works well

7 ems open (red) & 3ema closed (blue)
Attached Image (click to enlarge)
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Blue is up red is down

I will be working on the day chart for trend
Attached Image (click to enlarge)
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blue line up trend
red line down trend

& 4 hour chart for signals
Attached Image (click to enlarge)
Click to Enlarge Name: 4 hour.gif Size: 16 KB


blue is from day chart
arrow is up trend
"X" is out

3 lots per trade
Sl will be 100 - or if the 4 hour crosses back
Tp 1/3 at 50 1/3 @ 100
1/3 when it crosses bach

when it gets to 50 pips & 100 pips I will move my stop lose up
if I can not watch it I might just put a 50 M/S on it

I will be trading E/U, G/U, U/Ch, U/C, A/U, NZ/U, U/J, E/J, E/Ch, E/G, C/J

extra eyes this week would be good ... does anyone want to give it a try!?

TEB
  • #2,209
  • Sep 15, 2007 7:17am Sep 15, 2007 7:17am
2 other things

1. I will also be watching Candles on both the 4 hour & the day charts
esp. big tails
Attached Image (click to enlarge)
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2. if we have a big run on the 4 hour & want to find a place to enter into a trade
-I might well use 5.3.3 stoch in the normal manner.
Attached Image (click to enlarge)
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TEB
  • #2,210
  • Sep 16, 2007 7:17am Sep 16, 2007 7:17am
so TEB this system has nothing to do with the succesful TEB systems?

Are they used in conjusction??
  • #2,211
  • Sep 16, 2007 11:48am Sep 16, 2007 11:48am
I dont understand how you get the multiple timeframes on one chart?
How do you get the thick and thin blue lines?

I load the TEB system and the TPL and it just gives me 1 stoch set and now blue lines

sorry newbie
  • #2,212
  • Sep 16, 2007 5:35pm Sep 16, 2007 5:35pm
I think its going to be a good trading night!!

TEB
  • #2,213
  • Sep 16, 2007 5:37pm Sep 16, 2007 5:37pm
Quoting Dan
I dont understand how you get the multiple timeframes on one chart?
How do you get the thick and thin blue lines?

I load the TEB system and the TPL and it just gives me 1 stoch set and now blue lines

sorry newbie
You start with the day chart draw the line
then move down to the 4 hour if you have a MT4
the line will remain
got to go

TEB
  • #2,214
  • Sep 16, 2007 5:38pm Sep 16, 2007 5:38pm
Quoting sertio
so TEB this system has nothing to do with the succesful TEB systems?

Are they used in conjusction??

No I have had a great month already
& I have a lot of personal stuff going on
so I have Very very little time this week
so I am using this system which is as easy as it gets

and a change is as good as a rest

Got to go

TEB
  • #2,215
  • Sep 17, 2007 10:22am Sep 17, 2007 10:22am
What is the difference then between TEB3 and the one you just posted? Can't you just use daily/4hr with TEB3?
Trax Tibidax Tibidox...
  • #2,216
  • Sep 17, 2007 11:02am Sep 17, 2007 11:02am
Am I correct in saying you check day chart move to the most recent stoch cross and draw a line red or blue line to indicate either up or down stoch cross then you move to 4 hour do the same then you move to 30min and start putting in buys or sells on every stochcross that agrees with the 1day and 4 hour direction stoch cross untill the 1 day or 4 hour change direction then you sell?...........................

What are the blue arrows you get are they part of the system or are you manually drawing them onto the graph also?

If anyone could clarify what is ment by the timeframe lines crossing I dont understand that because they are manually drawn on lines they dont move they are just static.

Sorry for all the questions but i really want to try this method and cant get my head around whats being said.
  • #2,217
  • Sep 18, 2007 1:47am Sep 18, 2007 1:47am
today I play with teb2 ( H4/M30)

and I get STOPLOSS ON u/j , my short positon is marked on chart ( I use fxdd )

any comment and help is welcome. I don't know whether I did something wrong
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  • #2,218
  • Sep 18, 2007 1:51am Sep 18, 2007 1:51am
any one do can share his experience of using TEB2 :
something like win rate , SL and TP TS , and some addition filter , and how to filter some false signal
  • #2,219
  • Sep 18, 2007 2:28am Sep 18, 2007 2:28am
Quoting Rocroy
On my 1H chart there is a stoch down signal (the red thich line) early this morning, and if you are using 15M chart as a shorter timeframe, then later on a sell signal on that 15M chart, which sofar would have given you some 25 pips. Note that when stochs are on the longer timeframe pointing down, you should only open SELL positions on shorter tf.

So no false signals imo.

R

Attachment
thank your comment
and I looked your chart , after thick red line ,there is positon to enter short ( the 533 1433 cross ),why did you enter with this signal and wait till thin red line?
Attached Image
  • #2,220
  • Sep 19, 2007 3:48am Sep 19, 2007 3:48am
Hi there,

TEB might have additional comments to this, but imo the idea is to identify the long term trend using a slower timeframe (like a 4H chart where you insert a thick green or red line as the trend on that TF changes), and then move to faster TF (1H) and pick up there the spots where the trend changes to the direction of the slower TF. In this way we make sure that we are trading with the trend, not against it, trying to minimize risk and maximising the profit.

So, if on 4H TF the trend is down, you place sell positions, when the stochs on 1H have been over 80 and fall again below that limit. If you get in too early, like in the example you show, there is a high risk that the price still continues to move against you, as stochs have not reached the desired (overbought) value.

R

Quoting muyuan11
thank your comment
and I looked your chart , after thick red line ,there is positon to enter short ( the 533 1433 cross ),why did you enter with this signal and wait till thin red line?
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