- #102
- Oct 31, 2008 5:00am Oct 31, 2008 5:00am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
I was out last night
but the second target was taken out!!
TEB
but the second target was taken out!!
TEB
- #106
- Nov 3, 2008 6:00am Nov 3, 2008 6:00am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Hi TEB
Thanks for this trading method. I had a small winning trade this morning and it was the first winner in a long time. It helps with the confidence. I like your style a lot and it appeals to me. I notice that you trade on a demo. Do you only demo trade or have you used this method on live accounts? My win this morning was on a live account, yipee.
farimir
I trade on Oanda but I use others charts
TEB
- #108
- Nov 3, 2008 6:14pm Nov 3, 2008 6:14pm
the 5ema is almost the same as the normal momentun
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
is it 5,30,100 EMA or 5,25,100 EMA, or 5,25,120 EMA or 5,30,120 EMA
thank you teb
- #109
- Edited 5:03am Nov 4, 2008 4:51am | Edited 5:03am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Teb
the white line is not the buy .
- #110
- Edited 5:03am Nov 4, 2008 4:53am | Edited 5:03am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
1st target got
move up stop loss 1.2748
TEB
- #111
- Nov 4, 2008 5:17am Nov 4, 2008 5:17am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
SL hit
1st lot 58 pips
2nd lot 72 pips
cheers
Teb
