TEB sytstem

yer i have my stop losses sorted i just dont know how to exit usually panic and exit too soon... cant let my trades run... still profiting quite a bit but not as much as whats on the table so to speak. Like I said... not really following any system for exits and its kinda frustrating looking back on past trades and not having htem run further.

Same here

Hi TEB,

been a long time...
I think that Uas/Cad is going to go down now, do u think it will fall?

And how high do u predict the EU will rise?

Yous expertise has always been best for me.

Regards

Mike

hey where is everybody, any news on the method, i continue with TEB2 with very good results, any feedback from you people?

So you would post some Screenshots .

Ok so here is channel on eurusd H1.
also i added some numbers that are based on elliot wave. (but more simplest)
Nice in conjuction with channel.

hey guys, i found an indicator that could make teb style trading much easier. it is called 4tf stoch bars. this indicator is really nice. what it does is place the stoch readings from 4 time frames and display them as green and red (default) up or down and thus makes it visually easier for you to see what is going on in several time frames by just viewing one time frame.

apparently what it does is take 4 successive time frames to display on the chart starting with the one that you put it on and then it goes up according to default mt4 tf settings. for example, if you put this indicator on the 15m, it will display 15m, 30m, 1h, 4h. if you place it on the 4h it will display 4h, D,W,M. so far as i know it is not customizable without some tweaking for custom time frames.

there are a few nuances with this indicator and I wanted to know if there is anyone who can help me improve this indicator. the biggest problem with this indicator is its repainting. lets say for example you place the indicator on the 1h and you have displayed 1h, 4h, d, w. lets say the 1h stoch is down and the 4h stoch is up. when the 4h stoch starts to turn down, it apparently will repaint the entire 4 hr bar represented in dots at times. for example, at some point the 4h is displaying green (up) when it switches about 4 dots will switch red. this can lead to false signals and can hurt traders. what i think should be done to improve the indicator is that whatever is the smallest tf displayed, all other boxes should be marked off at that regular time interval whether it be up or down. that way you won't have the higher time frames changing multiple dots, it will only change the most recent/current dot.

here is the indicator:
http://www.forexfactory.com/showpost...2&postcount=24

i have tried PM'ing banzai and i am waiting on a reply but i think that if we can tweak this thing...it will be very helpful to a lot of traders.

what you guys think?

take care and happy trading.

no one around anymore?

Hi,

I am still here, how r u doing? whih system of TEBs do u use. I look generally at 4h stoh and resistane.

Regards

Mike

hello vyder, im also here, try the indicator and let us know, although i dont think i would use it because the original system is simple enough for me. im using TEB2

Hi, can you tell me what is TEB2 system and where I can find it?

TEB2 is somewhere in here. in summary: use 4H and 30m stochastics that are set to 5.3.3 and 14.3.3. so basically you have 4 stochs charts, 2 on 4H and 2 on 30m. enter long when they are aligned upwards and vice versa. best trades when all of them are aligned

Hi Sertio and others

I use TEB 2 as you state (see#2267) but don't you find the signals are stronger if the stoch crosses happen beyond the 20 and 80 lines... or at least very near these lines? If the crosses occur near the 50 line the signals are not so reliable.

Vyder
I think I've tried that 4TF indicator before but I find seeing the actual stoch lines cross gives me more information - than a coloured dot. (20 and 80 lines)

R

wow ok thanks for the responses. I will test out this indicator and let you guys know. so far it is pretty decent with one drawback...the repainting of the dots. it really hurts because the indicator will repaint many dots on the longer tf's if the stoch values change rather than just the most recent dot.

the teb 2 looks to be a very interesting setup and i am trying the indicator on a 30m min. time frame. sertio, how do you trade the 4hr/30m? do you check the market every so often or just at a specific time do you take trades?

how do you find that the teb2 has been working for you guys?

Hi Guys

Closing all long term cable & Eur trades I had on

Will be going on a little Vaction- now


TEB

Good to see the thread is still going. I'm still using TEB2, but I have 4 windows per each pair: 30min, 4hr, daily, and weekly. The reason for the 4 timeframes is that I can use combinations of different pairs for the same currency: 30min/4hr (the standard TEB2), 4hr/daily, daily/weekly. Also, sometimes I switch weekly with 5min to see the exact entry on 30min/4hr. The best trades of course happen when daily, 4hr, and 30min lign up (from TEB1), and by best trades I mean the amounts of pips, they are large when that happens. Once I had all of them ligned up, including weekly, on EUR/JPY, grabbed 120 pips and chickened out, but the pair kept falling for another 300 or so pips.

For the supp/res i use TL's, fibs, previous swing highs/lows; and also candlestick formations for reverse/retrace confirmation. I've given up on channels because I find previous swing high/low levels to give me more accurate results. And of course the stochs, when they lign up, we get the momentum.

Great system, thnx Teb.

Hi rorieu, yes the signals are stronger when they happen in or around overbought/sold areas

Hi vyder, i usually trade the European session because i find that it gives more accurate signals than the US, the reason is that the Dow Jones has much effect on currency markets and vice versa, this results in some very peculiar moves in the US session, today is a very good example (Yen crosses)

new system I have been playing with
just
1. 4 your channel ( day if I can not find a 4 hour one)
2. 200 ems ( on 4 times week, day, 4 hour & hour esp the last 2 )
3. MACD for the big "d" on all 4 hour & day
4. candles on the hour or 30 mins as signs to buy/selling signs


EUR/USD one hour

I have 4 trades on
1.4464 tp 1.4498
1.4464
1.4468 tp 1.4498
1.4463

I am up about 90 (x5 lots each =340) pips for the day

TEB63

teb, i am new to this forum.I have been looking thru your system . Is there a template for your system.If so can you please let me know where is it is on the forum.thanks