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making a killing!! in this market prt 2

  • #41
  • Dec 26, 2007 9:28am Dec 26, 2007 9:28am
Quoting et_phonehome_2
TEB63

Sorry to see you go..... Maybe one day when you are ready to trade full-time, you can also tell the powers to be where to go....

I do that is the problem
  • #42
  • Dec 26, 2007 9:38am Dec 26, 2007 9:38am
Quoting et_phonehome_2
Teb63

I guess you are in the right path with another system since no system is ever infallible with time. That is why you you some systems which had done great awhile back now fails because of changing conditions in the market.
et_phonehome_2,

I think you'll find that won't be the case with this method.

a. It will work great during trends (that's a given)
b. During ranges you'll just be forced to wait (all time frames will not be lined up). In the rare occurrence that they do - 10 pip targets will be feasible.

Just wait and see... you'll be pleasantly surprised. More importantly, you'll be rewarded for your patience during consolidations.

Peace,
MM

P.S. - Somebody might want to attempt an EA for this... it sounds like it might be worth the effort.
  • #43
  • Dec 26, 2007 10:00am Dec 26, 2007 10:00am
Quoting mr.marketz
et_phonehome_2,

I think you'll find that won't be the case with this method.

a. It will work great during trends (that's a given)
b. During ranges you'll just be forced to wait (all time frames will not be lined up). In the rare occurrence that they do - 10 pip targets will be feasible.

Just wait and see... you'll be pleasantly surprised. More importantly, you'll be rewarded for your patience during consolidations.

Peace,
MM

P.S. - Somebody might want to attempt an EA for this... it sounds like it might be worth the effort.
I will post my pips for the day later - as I can not now
the rsi (s) do line up & I am up well over 100 pips today alone
you don't need to trade often just well!
I am doing 25 -30 +spred pips tp to 25 sl pips

the great thing about this systen it lets you know if you are not in a trending market

I did 5 trade today
4 wins one 0

this is the best system I think of the lot even better the teb2 on short term
long term teb2 is still better

anyways I will post the pips and that will my last posting

cheers

teb
  • #44
  • Dec 26, 2007 10:08am Dec 26, 2007 10:08am
teb, how many/which pairs do you watch for this? do you line up several windows or keep flipping back and forth?
  • #45
  • Dec 26, 2007 10:08am Dec 26, 2007 10:08am
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  • #46
  • Dec 26, 2007 10:09am Dec 26, 2007 10:09am
Quoting natejax
teb, how many/which pairs do you watch for this? do you line up several windows or keep flipping back and forth?
9
  • #47
  • Dec 26, 2007 11:45am Dec 26, 2007 11:45am
Quoting TEB63
Attachment

Looks like the system is working, any particular reason for trading .30 lots teb?

Thanks
  • #48
  • Dec 26, 2007 11:03pm Dec 26, 2007 11:03pm
Nice looking system, I look forward to following this one
  • #49
  • Dec 27, 2007 12:22am Dec 27, 2007 12:22am
Quoting WHTenn
Nice looking system, I look forward to following this one

I like it fine

Attached Image (click to enlarge)
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TEB
  • #50
  • Edited 2:22am Dec 27, 2007 2:06am | Edited 2:22am
Hi Teb
I like this ema set up. I caught a fair bit of the last thread you did.
You say you wait untill the 15 minute reloads, and then go to the 5 min and enter when rsi crosses the 50% level. By reloading, do you mean uncrossing? or do you mean uncrossing and then re crossing again tp line up with the higher timeframes?
If you waited for the 15 min to uncross and then re cross back in line with the higher time frames, wouldnt the 5 min already be triggered?
BTC Return This Year: na
  • #51
  • Dec 31, 2007 10:25am Dec 31, 2007 10:25am
HAPPY NEW YEAR everybody.

I hope that the New Year gives new hope to those of us who aspire to become full time traders.

Regards,


BabeFX.
  • #52
  • Dec 31, 2007 12:18pm Dec 31, 2007 12:18pm
Quoting TEB63
I like it fine

Attachment

TEB

Hi,
I have one stupid question and I will appreciate if you can answer it. When I place 5 ema close and 5 ema open on my charts they both look kind of same. Means they are almost riding on each other and it hard to tell them difference between them. I don't see distinct 5 ema open and 5 ema close, but I see in your chart they look very distinct. Is there anything I am doing wrong ??.

I am attaching a screenshot to show how they are appearing on my chart. Please let me know if something need to be change.

Thanks
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  • #53
  • Dec 31, 2007 12:48pm Dec 31, 2007 12:48pm
Quoting leo9
Hi,
I have one stupid question and I will appreciate if you can answer it. When I place 5 ema close and 5 ema open on my charts they both look kind of same. Means they are almost riding on each other and it hard to tell them difference between them. I don't see distinct 5 ema open and 5 ema close, but I see in your chart they look very distinct. Is there anything I am doing wrong ??.

I am attaching a screenshot to show how they are appearing on my chart. Please let me know if something need to be change.

Thanks

make the lines thinner and/or your chart bigger

also try
5 ema closed
6 ema open

I think that will solve your problems

teb

TEB
  • #54
  • Jan 3, 2008 5:55pm Jan 3, 2008 5:55pm
Hey TEB are you trading this week?

If not you are missing some "killer" trades!!

http://i202.photobucket.com/albums/a...m3/1gpyjpy.gif
  • #55
  • Jan 3, 2008 8:12pm Jan 3, 2008 8:12pm
Here is another setting: XPMA (0,5,1,0,0.8,0,4) and 6 EMA open.

You find XPMA here: http://www.xpworx.com

I have not find a good EA for XPMA with automatic closing order function, only someones with TP and SL

// Thommy
Attached Image (click to enlarge)
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  • #56
  • Jan 3, 2008 8:32pm Jan 3, 2008 8:32pm
Here is a another XPMA indicator but is only working on democharts

Its working on all TF and i have no sourcefile, but if someone have it so im interested of that......

// Thommy

[email protected]
Attached File(s)
File Type: ex4 #MTF_xpmatrend.ex4   3 KB | 396 downloads
  • #57
  • Jan 4, 2008 4:57pm Jan 4, 2008 4:57pm
TEB, I have a question regarding RSI, you said you only get in when it crosses the 50% line. Have you tried entering when RSI is bouncing off the 70% line, or 30% line? I know some traders use this indicator in this way.

also would be helpful if anyone posted some link to a good material on the proper use of RSI indicator, because i am well familiar with trend lines, fibs and other classy stuff, but not very strong when it comes to the indicators. ty
Trax Tibidax Tibidox...
  • #58
  • Jan 5, 2008 12:54am Jan 5, 2008 12:54am
Teb, have you thought of illustrating this on YOUTube...it would make a really nice video....would be nice to see this in live action!
  • #59
  • Jan 8, 2010 9:46pm Jan 8, 2010 9:46pm
This is really a simple way to take pips off the table. It would be nice to get this thread back on track.
  • #60
  • Jan 9, 2010 2:19pm Jan 9, 2010 2:19pm
I have no doubt that this will be an efficient system.

People don't realize how effective a few indicators can be with multiple time frame confirmation.

Good stuff TEB.
HNY
"One Grows Tall After Walking Through A Forest Of Tall Trees."
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