Attachments: World's Simplest System

World's Simplest System

#581
Nov 27, 2008 6:43pm Nov 27, 2008 6:43pm

TEB63
Joined Jan 2007 | Status: Trader | 5,864 Posts

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higher risk entery

Cheers

TEB

#582
Nov 28, 2008 10:17pm Nov 28, 2008 10:17pm

priceaction
| Commercial User | Joined Nov 2007 | 1,079 Posts

Quoting TEB63

Disliked

Hi one and all

I think everyone knows this system had like a very very very hight kill rate

the last week I have played once again with the 60sma...

Ignored

Hi TEB,
I've been away from trading from August till now as I've been pre-occupied with other business. Good to see the thread is still going on.

When you say: <<I think everyone knows this system had like a very very very hight kill rate>>

- Do you mean it has been successful or unsuccessful?
- What kind of % wins have you seen with the 200?
- What's your average stop loss?

Cheers
Rob

#583
Nov 29, 2008 9:22am Nov 29, 2008 9:22am

TEB63
Joined Jan 2007 | Status: Trader | 5,864 Posts

TEB Fibbs

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#584
Edited 12:00pm Nov 29, 2008 11:57am | Edited 12:00pm

fxstman
| Joined Aug 2007 | Status: Trader | 565 Posts

Quoting TEB63

Disliked

I wouldn't personally
esp. without the 1.2.3 break part of the system
I have found anything less them 5 mins very hard
(5 min, 15min, 1 hour or 5 min 1 hour, 4 hour)
& then ONLY with a strong trend on the last time frame

I have said the 200 ema is for trend only & it works very well
but its the enteries you make your money with
remember .

To win in the 4X you only need 1 set -up
1. A trend -- The 3 EMA
2. A tool -- The Fractals
3. A trigger -- 1.2.3 break
4. A target-- TEB Fibbs

cheers

teb

Ignored

Ok, well lets put this together with the last PDF file I uploaded (Simple 200 EMA Strat) and see if Teb is ok with it.

P.S. Teb, could you post a chart showing in detail what you look for, the setup, where you place your order around the trigger, etc.... marked on the chart. I think some people are not sure of what your seeing for the trade setup. (just trying to help)Thanks.

fxst

Attached File(s)

123system.pdf 1.1 MB | 789 downloads

#585
Nov 29, 2008 3:22pm Nov 29, 2008 3:22pm

oechel
| Joined Nov 2008 | Status: Trader | 51 Posts

Hi FXman, i am sorry your PDF is broken....

Quoting fxstman

Disliked

Ok, well lets put this together with the last PDF file I uploaded (Simple 200 EMA Strat) and see if Teb is ok with it.

P.S. Teb, could you post a chart showing in detail what you look for, the setup, where you place your order around the trigger, etc.... marked on the chart. I think some people are not sure of what your seeing for the trade setup. (just trying to help)Thanks.

fxst

Ignored

#586
Nov 29, 2008 3:39pm Nov 29, 2008 3:39pm

eswap0
| Joined Nov 2008 | Status: Trader | 368 Posts

Quoting oechel

Disliked

Hi FXman, i am sorry your PDF is broken....

Ignored

Not for me: pdf is working ok.

Trading: the skill of avoiding trades

#587
Nov 29, 2008 7:10pm Nov 29, 2008 7:10pm

TEB63
Joined Jan 2007 | Status: Trader | 5,864 Posts

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the only thing I am watching for the new week

cheers

TEB

#588
Nov 30, 2008 5:31am Nov 30, 2008 5:31am

kris
| Membership Revoked | Joined Nov 2007 | 157 Posts

Hi,

I have been following this thread for 2 months already and I have a question. How to know if the trend is going to change?

Taking GBP/JPY as a example, the 5 min to 1h TFs are all above the 200EMA. While the 4h and above TFs are below 200 EMA. Does this means that the trend is going to change to uptrend?

Same for the AUD/USD awhile ago (21 Nov).
I used the 15min to short, since 1h and 4h were still under 200ema while 15 min was above. However, soon later, the 1h 200ema went above, the trade was a loser as a result.

So I was thinking, this method may fail if there is going to be a change in the overall trend. If such a change is going to take place, is there a way to find out?

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#589
Nov 30, 2008 5:35am Nov 30, 2008 5:35am

kris
| Membership Revoked | Joined Nov 2007 | 157 Posts

Perhaps, we could use a 5ema on the 4h tf, so if the 5ema is against the trend (200ema of 4h and 1h), then we don't trade short when the price on 15min tf is above 200ema.

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#590
Nov 30, 2008 6:16am Nov 30, 2008 6:16am

eswap0
| Joined Nov 2008 | Status: Trader | 368 Posts

As far as i understand, this system takes profit of small deviations from a solid trend. If 4h and 1h are above EMA200 and 15m is below, but 1h changes and crosses also below, it does mean the trend was not that solid. My setups only consider when 4h and 1h are clearly above or below, and they are not going to change soon. If any of 4h or 1h are close to EMA200 I just don't trade.

Trading: the skill of avoiding trades

#591
Nov 30, 2008 9:34am Nov 30, 2008 9:34am

TEB63
Joined Jan 2007 | Status: Trader | 5,864 Posts

Quoting eswap0

Disliked

As far as i understand, this system takes profit of small deviations from a solid trend. If 4h and 1h are above EMA200 and 15m is below, but 1h changes and crosses also below, it does mean the trend was not that solid. My setups only consider when 4h and 1h are clearly above or below, and they are not going to change soon. If any of 4h or 1h are close to EMA200 I just don't trade.

Ignored

yes .. you are right .

of coarse to system is 100%
you are just wanting the odds with you .

when you add the 1.2.3 break to the system it works very well.

cheers

teb

#592
Nov 30, 2008 9:35am Nov 30, 2008 9:35am

TEB63
Joined Jan 2007 | Status: Trader | 5,864 Posts

Quoting kris

Disliked

Perhaps, we could use a 5ema on the 4h tf, so if the 5ema is against the trend (200ema of 4h and 1h), then we don't trade short when the price on 15min tf is above 200ema.

Ignored

I have played with the 5ema in fact its the only other MA I really use

better is just make sure the candle(s) on the hour &/or the 4 hour
is/are with you

cheers

#593
Nov 30, 2008 9:39am Nov 30, 2008 9:39am

TEB63
Joined Jan 2007 | Status: Trader | 5,864 Posts

Quoting kris

Disliked

Hi,

I have been following this thread for 2 months already and I have a question. How to know if the trend is going to change?

Taking GBP/JPY as a example, the 5 min to 1h TFs are all above the 200EMA. While the 4h and above TFs are below 200 EMA. Does this means that the trend is going to change to uptrend?

Same for the AUD/USD awhile ago (21 Nov).
I used the 15min to short, since 1h and 4h were still under 200ema while 15 min was above. However, soon later, the 1h 200ema went above, the trade was a loser as a result.

So I was thinking,...

Ignored

trend ... well you can have 5 trends on 5 charts all diff.

the point is you want to get the two bigger ones
going one way & the smaller one to join in the party.
them you have a lot of people all buying/selling the same way

cheers

teb

#594
Nov 30, 2008 1:49pm Nov 30, 2008 1:49pm

fxxx
| Joined Dec 2007 | Status: Trader | 475 Posts

Quoting TEB63

Disliked

TEB Fibbs

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Ignored

Teb, you can just post template with your Fib retracement tool only - so anyone (who not very familiar to mt4 platform) don't have to learn how to build (modify) it and can easily find it - no matter how old template is (object might bee far ovey to the left) -right mouse click on chart - objects list/TebFibo retr.)

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#595
Nov 30, 2008 1:59pm Nov 30, 2008 1:59pm

TEB63
Joined Jan 2007 | Status: Trader | 5,864 Posts

Quoting fxxx

Disliked

Teb, you can just post template with your Fib retracement tool only - so anyone (who not very familiar to mt4 platform) don't have to learn how to build (modify) it and can easily find it - no matter how old template is (object might bee far ovey to the left) -right mouse click on chart - objects list/TebFibo retr.)

Ignored

I thougt I did in in post 583?

http://www.forexfactory.com/attachme...2&d=1227972108

TEB