making a killing!! in this market prt 2

Quoting croesesFX

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TEB
TF, daily, 4hr, 1hr, 15min and 5 min entry??
thanks

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Quoting daytrading

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TEB, hi -

If you don't mind me asking:

I have seen you posting about a dozen "systems" and/or variations including the latest one in this thread.

I guess you have been trading this for a while. Does any of those systems you have posted produce an above average return compared to all your other ones??

Because if they all produce roughly the same, (I am talking +/- 50 ticks a month), why not stick with what has worked initially?

And if your answer is that you are improving on the exising ones, then why not wait until its complete before posting - to avoid confusion and keep credibility?

Your original setup, (TEB 4H/30M) had its merits - although I don't trade it...and its not what the guys in the banks do per se as you proclaimed. I have worked there and you find a variety of different methods.

Just my thoughts, nothing personal.

regards
daytrading

P.S. posting pips is not a sign of professionalism

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Quoting daytrading

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TEB, hi -

If you don't mind me asking:

I have seen you posting about a dozen "systems" and/or variations including the latest one in this thread.

I guess you have been trading this for a while. Does any of those systems you have posted produce an above average return compared to all your other ones??

Because if they all produce roughly the same, (I am talking +/- 50 ticks a month), why not stick with what has worked initially?

And if your answer is that you are improving on the exising ones, then why not wait until its complete before posting - to avoid confusion and keep credibility?

Your original setup, (TEB 4H/30M) had its merits - although I don't trade it...and its not what the guys in the banks do per se as you proclaimed. I have worked there and you find a variety of different methods.

Just my thoughts, nothing personal.

regards
daytrading

P.S. posting pips is not a sign of professionalism

Ignored

Quoting TEB63

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yep

teb

Ignored

Quoting TEB63

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1. I trade teb2 mostly personally. I have been clear about this.

2. I want to find a simpler system.

3. Two weeks ago teb2 was not working ... I lost money... it happens ...
so I came up with this one . which I really like.

4. As for other systems I do (or have) trade them - gets a little boring in front of the screen.
BUT they are all kind' the same MTF. Also its a learning thing.

5. I did not say all banks do teb2.
what I was saying most of the banker I know trade with some from of mtf.
- BUT most trade higher time frames then 30 mins (other then in news times)

6. As to posting pips I will not do it again no problems.
I had a few people think I was full of .
and other asked me too .... again to see if I was real.

7.As for crediblity the only thing that matters is
" let me see the money (pips) I am not looking to sell anything .

8. as for systems to my way of thinking
teb1 is the safest & best for new people (30 mins. 4hour, day )
teb2 is the best (30 min & 4 hour.... better 4 hours & day)
I think this one is the best in not trend... and maybe....

anyways that is it for me lets make some money

TEB

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Quoting aelimian

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Thank you for the system. Two quick questions

1. Do you wait for candle to close before entry?
2. Which are your favorite pairs for this system?

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Quoting smjones

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Hi, I do not know if this system is profitable or not, but I saw another dashboard coded by lucidlamp.
http://www.forexfactory.com/showpost...49&postcount=2

I modified it so it will indicate your method.

Edit, this also has the 1 and the 30 minute time frame. If you do not want to use those, turn them off by answering false to the input question M1 or M30

here it is:

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Quoting TEB63

Disliked

1. I trade teb2 mostly personally. I have been clear about this.

2. I want to find a simpler system.

3. Two weeks ago teb2 was not working ... I lost money... it happens ...
so I came up with this one . which I really like.

4. As for other systems I do (or have) trade them - gets a little boring in front of the screen.
BUT they are all kind' the same MTF. Also its a learning thing.

5. I did not say all banks do teb2.
what I was saying most of the banker I know trade with some from of mtf.
- BUT most trade higher time frames then 30 mins (other then in news times)
& FEW - VERY FEW TOOLS

6. As to posting pips I will not do it again no problems.
I had a few people think I was full of .
and other asked me too .... again to see if I was real.

7.As for crediblity the only thing that matters is
" let me see the money (pips) I am not looking to sell anything .

8. as for systems to my way of thinking
teb1 is the safest & best for new people (30 mins. 4hour, day )
teb2 is the best (30 min & 4 hour.... better 4 hours & day)
I think this one is the best in not trend... and maybe....
but I must say this one may be the easiest to trade & I have had the highest "get rate "
must look at something over time but... maybe

anyways that is it for me lets make some money

TEB

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Quoting LazyPip

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Hello. Thanks for sharing this system I've got a few questions, if you don't mind answering:

1. Do you wait for the close of the candles to determine the crossing in other time frames or simply the current price?

Example: The 4h candle Blue SMA has crossed down the Red, and RSI is below 50 on current price, but previous candle was all up, and the current candle has not closed. Do you trade on the M5 with the H4 now aligned, or wait for the H4 to close as confirmation?

2. Could you please explain/rephrase this: "if you are in the trend wait for the 15 min to reload & get in"?

3. Just to confirm... Do you enter in the close of the H5 candle?

Thanks.

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Quoting TEB63

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I have been moves 2 times on the 1st tread.
I must have hit someones pot of gold:

This is a trading system

5 time frames

2 emas
a. 5 closed blue
b. 5 open red

And a RSI at 5

enter
you wait until all time frames are in line & take the trade
if you are in the trend wait for the 15 min to reload & get in


exit
I was doing 10 pips + spred when we were no trend
now I am doing 25 +spred in a small trend
when we get going I will do 50 pips +
or target
ie. 4 hour channels
5 mins & 60min hi/ lows
or 50s & 100s on the charts

if the 2 Emas cross against you on the 5 min you might exit
esp. if its a slow cross

SL
25 pips (or S/R)

this is a killer system - you can see the kill rates I am getting on the other thread its well over 85%

I wonder how long it will be be before I get moved again


here is the set up from a live trade a few days ago

Attachment

all 5 time frames are in line
what that means is
5 over 5 ema the right way blue over red is up
the RSI red over blue is up
& we have am up candle
(make it even easier - make your candles blue & red & blue is up etc)

TEB

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Quoting Time

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did u mean 15 mins or 5 mins because i get the idea ur entry is based on the 5 min charts? correct me if i am wrong

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