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World's Simplest System

  • #521
  • Nov 13, 2008 9:09pm Nov 13, 2008 9:09pm
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boy nothing going on tonight
the only thing I can see is with the WSS & the CAD

we might see a trade
but its the wronge time of day to trade the cad

TEB
  • #522
  • Nov 13, 2008 9:38pm Nov 13, 2008 9:38pm
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I am bord when I am looking at the swissy

good night

teb
  • #523
  • Nov 14, 2008 7:10am Nov 14, 2008 7:10am
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teb
  • #524
  • Nov 14, 2008 8:09am Nov 14, 2008 8:09am
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teb
  • #525
  • Nov 14, 2008 8:12am Nov 14, 2008 8:12am
Quoting pete.alfa
Hi TEB,
This thread seem to be quiet now but it's very interesting because of KISS
Thanks for sharing I have one question You are great. There are 2 ma in your charts what is another one & the reason to add another which it's not 200ma?

Thanks,

Pete


A bit late but its a 50 ema
I use it to help judge possition & strenght of trend


TEB
  • #526
  • Nov 14, 2008 9:31am Nov 14, 2008 9:31am
because its friday

targets are

USA/CHF 1.1945 (3 trades)
USD/CAD 1.2245 (3 Trades)

TEB
  • #527
  • Nov 14, 2008 10:16am Nov 14, 2008 10:16am
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Cad tagets hit for 58,40,22 pips
I closed the swissy as its late in the day
for 53.48,41 pips

Cheers

see you monday

TEB
  • #528
  • Nov 14, 2008 4:34pm Nov 14, 2008 4:34pm
three possible trades I will be watching for Monday cheers


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Teb
  • #529
  • Nov 15, 2008 4:53am Nov 15, 2008 4:53am
TEB:

Great system!

Are you using the FIB indicator in MT4 to set your levels:
- Base point
- 50 Line
- 100 enter
- 200 1st Target

etc...

Or do you have a special indicator ? Can someone create one?

Thanks
  • #530
  • Nov 15, 2008 4:59am Nov 15, 2008 4:59am
Quoting celestin2003
TEB:

Great system!

Are you using the FIB indicator in MT4 to set your levels:
- Base point
- 50 Line
- 100 enter
- 200 1st Target

etc...

Or do you have a special indicator ? Can someone create one?

Thanks
I just use the fibb tool... I take out what I don't want... & put in what I do

cheers

teb
  • #531
  • Nov 16, 2008 4:40am Nov 16, 2008 4:40am
I am going on vacation for a week
but I have been asked to email out when I do trades.
Or set up new systems.
would that be something people would like?

I am using 3 systems right now

cheers

TEB
  • #532
  • Nov 17, 2008 2:44am Nov 17, 2008 2:44am
Quoting TEB63
I am going on vacation for a week
but I have been asked to email out when I do trades.
Or set up new systems.
would that be something people would like?

I am using 3 systems right now

cheers

TEB

hey there i would be interested too

my friends and i use Twitter to log and send over our trades, it's pretty cool.
  • #533
  • Nov 17, 2008 3:05am Nov 17, 2008 3:05am
Hi Teb

Firstly, thank you for your generosity in sharing your trading methods. Whilst not a great poster I am a great lurker and always follow your methods with great interest so would greatly appreciate you posting whilst away.

As a matter of interest which other 2 systems are you using?

Have a great holiday and looking forward to your future postings

Cheers

Gavin
  • #534
  • Nov 18, 2008 12:47pm Nov 18, 2008 12:47pm
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teb
  • #535
  • Edited 1:43pm Nov 18, 2008 1:24pm | Edited 1:43pm
the other trade I took this today

(I did take a very small win on the swissy
but closed it out I did't like the looks of it )

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TEB
  • #536
  • Nov 19, 2008 5:26pm Nov 19, 2008 5:26pm
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is anyone trading this system
it was a good day for it
cheers


  • #537
  • Nov 19, 2008 5:33pm Nov 19, 2008 5:33pm
Would it be possible to share that volume indicator.

Love your system and it's now part of my M5 setup.

Cheers
CanuckCT

Quoting TEB63
Attachment
is anyone trading this system
it was a good day for it
cheers


  • #538
  • Nov 19, 2008 5:44pm Nov 19, 2008 5:44pm
Quoting CanuckCT
Would it be possible to share that volume indicator.

Love your system and it's now part of my M5 setup.

Cheers
CanuckCT

hi

its on the MT4 platform

Cheers

TEB
  • #539
  • Nov 20, 2008 5:34pm Nov 20, 2008 5:34pm
Hi Teb,

I've read the tread and this system has alot of potential. I actually was using a system like this but it used the 89EMA as the line in the sand for the traend. It was just look at the daily and when price crossed the 89 EMA enter. Needless to say the 89EMA was too small of an EMA and I got wipsawed to death just by entering blindly after the cross.

Your combination of the 200EMA, 3 time frames and the 123 set up makes alot of sense to me. I used it yesterday and had a +62 pip trade on the GBP.
Keep posting your comments and charts, I find them very helpful.
  • #540
  • Nov 20, 2008 6:57pm Nov 20, 2008 6:57pm
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It was a choppy day !!
its best to stay with the eur/usd on days like today

TEB
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