I moved stop loss up once more
TEB
TEB
- #82
- Oct 29, 2008 11:01am Oct 29, 2008 11:01am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Bl##dy H#ll, but this is a nice system.
Thanks for sharing TEB63!
TEB
- #83
- Oct 29, 2008 11:13am Oct 29, 2008 11:13am
- | Joined Jun 2008 | Status: Trader | 1,486 Posts
Thanks I think LOL
TEB
Once i applied your rules, and the trade unfolded as explained - it amaized me.
The other thing I like about it, is that it could be a set and forget system - not that I am able to leave, YET - once i'm in a trade... LOL
Could you tell me how the trading went with this system, before "Black October"?
- #84
- Oct 29, 2008 5:20pm Oct 29, 2008 5:20pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
just got in
second target was hit
trade is done
cheers
teb
second target was hit
trade is done
cheers
teb
- #85
- Edited 5:56pm Oct 29, 2008 5:31pm | Edited 5:56pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Sorry, hope I did not offend, but i did not know how else to express myself
Once i applied your rules, and the trade unfolded as explained - it amaized me.
The other thing I like about it, is that it could be a set and forget system - not that I am able to leave, YET - once i'm in a trade... LOL
Could you tell me how the trading went with this system, before \"Black October\"?
no I am ok!!!
it always works... its the 1.2.3 system that is the heart -- it is the strongest sign
teb
- #86
- Edited 5:55pm Oct 29, 2008 5:34pm | Edited 5:55pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
TEB, how to recognize the good swing of 123, is it the biggest movement of the swing? or any 123 pattern? and according to your experiences, in what condition the big moves will occur? is it at the news time?
thanks
2. 1.2.3 patterns are set up by the ema
you see what is happening
if they are stacked & space between them
there might be a good move
but if they get tight there will be a good move also
80% of the time the same way as the trend before
teb
- #88
- Oct 30, 2008 1:13am Oct 30, 2008 1:13am
- | Joined Jun 2008 | Status: Trader | 1,486 Posts
no I am ok!!!
it always works... its the 1.2.3 system that is the heart -- it is the strongest sign
teb
thanks
- #90
- Oct 30, 2008 10:27am Oct 30, 2008 10:27am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
all kind of trades today
cheers
TEB
- #91
- Oct 30, 2008 11:12am Oct 30, 2008 11:12am
- | Joined Jun 2008 | Status: Trader | 1,486 Posts
TEB,
Absolutely a trader's dream
164 + 194
Seems like I took the same trades as you, but for the last two on your chart.
Absolutely a trader's dream
164 + 194
Seems like I took the same trades as you, but for the last two on your chart.
- #95
- Oct 30, 2008 7:25pm Oct 30, 2008 7:25pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
target one taken out!!
in fact I closed it all because it was at 00
and the hour of the day
TEB
- #97
- Edited 9:34pm Oct 30, 2008 9:16pm | Edited 9:34pm
[quote=redart007;2316669]Adros
Add the Fibs to the chart - right click or ctrl b and open the objects list
Find the object 'fibo', click edit, then 'add' in level 1 which is equal to = 100% - so put 100% in the discription and keep adding for the levels you want. It should then stay as the default Fib setting for future use
Red[quote]
fibo levels - delete all, put 0;0 1;100 2; 200; 3 300 etc 
Add the Fibs to the chart - right click or ctrl b and open the objects list
Find the object 'fibo', click edit, then 'add' in level 1 which is equal to = 100% - so put 100% in the discription and keep adding for the levels you want. It should then stay as the default Fib setting for future use
Red[quote]
fibo levels - delete all, put 0;0 1;100 2; 200; 3 300 etc
- #98
- Oct 30, 2008 9:34pm Oct 30, 2008 9:34pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
hi, Teb!
best and simplest explanation of using 123 & Fibo system
why such MA settings - just from experience? what will be on higher TFs (hourly, daily)
what you do with volumes?
so on the 5 min we use 5 ema as the base
we want the 30 min time frame which is 30 ema
and we want a higher time frame say 2 hours 120 ema (some times I use 100ema)
day is 5ema base, 20ema for a week, 80 ema for a month
1 min is 5ema , 5 mins is 25 ema , 20mins is 100 ema
(150ema would be 30 mins & 75ema would be 15 mins if you like them better)
1 hour is 5ema, 4 hour is 20 ema ,day is 120ema (sometimes I use 100 ema)
etc
teb
