Trading The Big Dog Pack ..howllll

This is a very old and great system
you put the 4 main pairs up so you can see them all
I use 10, 50, 100, 200 emas ( I have seen people use RSI as well)
The Eurusd is the pack leader

and see if any of the pairs are out of line
(See the picture in posting 2 below ).

The chf & the pound are very close to the eur
the yen will have a longer chain
and right now with carry trade
I would just watch it I would not use this to trade it

you can use any time frame I like hour
I have a trade on now


1st lets look at the usd/chf & see where it is an the 5 min chart

Cheers

teb

where is the 4 charts price should be on the charts all same place
Usd/Chf & the Usd/Jpy are upside down to the cable & Eur/Usd (pack leader)

we can see the Chf & the Jpy are out of line with the other two

Teb

the blue boxes are where the 4 pairs should be

teb

How do you get all those boxes ?

And how do those pairs corelate to to each other ?

TEB,
You never stop having new methods, huh?
Can't you just stick to one? That is the only way you will be successfull.

no, I trade the WSS.. 200ema
this is just for fun.

cheers

teb

boxes I put on

how do they Corelate very well


Cheeers

teb

Your insights and various methods are greatly appreciated, even tho I stick to one system. Please keep sharing your knowledge. Thanks.

got in at 1.2038 out at 1.2078

I don't like what the eur is doing

cheers

teb

1. Do you notice this to be more applicable to the US session when the US is the main driver? I can see that as being the most reliable time to capitalize on when the majors aren't in sync.

2. What's the WSS 200... 200 ema? Is that your main trading method? Is it posted somewhere?

Thanks,
Bob

Chf is way way out !!!!

look at the red box!!!

I am closing it as its the end of day

Cheers

TEB

I would rather trade this system on the hour chart.
But here on the 15 min the pound is way off

lets see what happens




teb

there is a problem with this set up.. & that is I believe the euro is going to fall
... so it might fall into line with pound.
but I think the pound may rise to meet the euro & both will fall


if I had had a bigger trade on I would have taken 1/2 1.4898
the targer is 1.4932
but I will aim at 2 pips below 1.4920 just to be sure
lets see

cheers
teb

I am going to bed

I got in at 1.4880
I am moving my SL up to 1.4893
so I have 10 pip locked in
I still think the euro is going to fall
& the pound may well follow suite
I want to be covered


cheers

teb

got it 1.4920 for 30pips

in fact it hit my full target of 1.4932 !!lol
(I should post the right chart lol)




TEB

Here is what you should see
(the Usd/Jpy is still out of place because of carry trade!!)
the three (four) charts are in line.
you normally see the three (four) charts
coming into line in the London trading time zone.




cheers

TEB

again look at this on the day charts




again the yen is way way off
it will have a big move back sooner or later
carry may yet live LOL


teb

pounds in play
yellow box is target

cheers

teb

target hit cheers
see you later


teb

I am done for the day
but the CHF looks interesting

cheers

TEB