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TEB sytstem

  • #621
  • Mar 30, 2007 1:21pm Mar 30, 2007 1:21pm
Quoting marketwavez
Tebe , ............
The heart of the system starts with observing when price
is touching lower Bollinger Band Lines on the 1 hr bar chart

-------------------------------------------------------------------------
There is no need to wait for a Stochastic or MACD Cross over


If you did this this morning -
You would have seen the Gbp/Usd trade posted above ............

It's that simple -


Keep watching the 1 hr bar charts ..............
You want to know something funny
both ways if you use 1 hour & 15mins -Stoch & BB ( I used 21 simple closed)
in this case take the trade in the very same place

Good trade
Attached Image

30 mins Cable

blue is hour sign in both BB & Stoch
Arrow is both in

To me this shows what I said to start this thread back in post #1
the tools are 2nd place to the time frames
pick your own tools & make it work!!

so thank !!!
  • #622
  • Mar 30, 2007 1:37pm Mar 30, 2007 1:37pm
Attached Image


No I was wrong that last chart was the hour
this is the 15 min chart
The stochs are in 2 candles sooner then the BB
That is what I thought
The BB is a great System ... just a lot slower then the stochs
Thanks for your imput

TEB system
  • #623
  • Mar 30, 2007 1:40pm Mar 30, 2007 1:40pm
Tebe ,
the Bolinger Bands that you are using are not
the same as the ones that I am using .............

There are different types of Bollinger Bands !
- So please be aware of this ....

-------------------------------------------------------
I use the Bollinger Bands that have Fibonacci Raio's within them .

This is the better Bollinger Bands to use - ( 21 bar setting )

See charts above

--------------------------------------------------------------
  • #624
  • Mar 30, 2007 1:48pm Mar 30, 2007 1:48pm
market,

how is your exit signal? could you please post the bollinger band with fibonacci indicator?
  • #625
  • Edited 7:21pm Mar 30, 2007 1:52pm | Edited 7:21pm
Quoting marketwavez
Tebe ,
the Bolinger Bands that you are using are not
the same as the ones that I am using .............

There are different types of Bollinger Bands !
- So please be aware of this ....

-------------------------------------------------------
I use the Bollinger Bands that have Fibonacci Raio's within them .

This is the better Bollinger Bands to use - ( 21 bar setting )

See charts above

--------------------------------------------------------------

Not really only one kind -diff setting
but at any rate what ever was your settings
the stochs get in 2 candles faster !!
(look on your charts where you get in is the same as on my charts-
I went back to your charts to see - the fibs make little diff in small TF
on the bigger ones for sure!!)

BUT BUT BUT Your system works Great !!
Congrads man
Go And make lots of money

Thanks for the imput I had fun comparing
I also did the 3 trades I took this morning
(again I used BB simple 21 )
EU`EJ, UJ
all three where the same
both systems win
in each case the stochs were in 2 candles faster

I have to go or I would like to see the exits
if the stochs are out 2 candles faster
then that might not Be good for the BB system
I will look into it next week


again congrads & you helped me prove tools are 2nd to MTF!!
thanks
TEB
  • #626
  • Mar 30, 2007 2:21pm Mar 30, 2007 2:21pm
Quoting blanca
market,

how is your exit signal? could you please post the bollinger band with fibonacci indicator?
blanka

I can't post the link with the indicator here
because the moderartors of this forum give me a hard time
saying its commercial link and needs approval-

i have written to Merlin ......Who I think is a moderator
It's been 2 weeks now and he has not responded back
So , I am still waiting

Basically , I have to wait for the moderator approval to post the links
otherwise they kick me out .............
-----------------------------------------------------------------

Hopefully I hear from Merlin soon
  • #627
  • Mar 30, 2007 2:36pm Mar 30, 2007 2:36pm
Quoting marketwavez
blanka

I can't post the link with the indicator here
because the moderartors of this forum give me a hard time
saying its commercial link and needs approval-

i have written to Merlin ......Who I think is a moderator
It's been 2 weeks now and he has not responded back
So , I am still waiting

Basically , I have to wait for the moderator approval to post the links
otherwise they kick me out .............
-----------------------------------------------------------------

Hopefully I hear from Merlin soon
I believe the rule states that once you hit 100 posts you can insert links. Since you're at 98 now, you're almost there. :-) Otherwise people can PM you for the link. That's ok.

Speaking of which, would you mind PM'ing me the link? :-)

Thanks,

Jason
  • #628
  • Mar 30, 2007 3:35pm Mar 30, 2007 3:35pm
Quoting marketwavez

There are different types of Bollinger Bands !
- So please be aware of this ....

I use the Bollinger Bands that have Fibonacci Raio's within them
BB are a very very reliable tool but a bit too slow. Obviously the later it gives you the signal, the more accurate it's going to be but.....they lag !!!
The quality of your life is brought about by the quality of your thinking.
  • #629
  • Mar 31, 2007 3:07am Mar 31, 2007 3:07am
Marketwavez

Please start your own thread if you think BB's are usefull (with or without stochs)

Let TEB3 do his thread as shown in post 1.
  • #630
  • Mar 31, 2007 9:37am Mar 31, 2007 9:37am
Quoting TEB63
I use Oanda as well
BUT THE THREE hour is not near as good!!
Get a MT4 demo!!
I was just thinking about starting Oanda. I've been using FOREX.com, and before that FXCM.com. However, the spreads on Oanda are much smaller. I never opened an account with them because I wasn't sure if they were credible or not. I mean, I'm sure many people use it, but out of all the 20 people I know personally who trade never even heard of it.

So, I was wondering if you would recommend it? I'd love to switch over right away from FOREX.com if you never had any problems with Oanda. Always got your money on time? Always had slippage problems fixed?

THANKS!

Also, do you know how far the history goes back on the Oanda's trade station? I mean, I think the 30 min chart on MT4 can go back sometime in 2005. How far can the 30 min chart go back in Oanda? FOREX.com can only go back about a week. I'm asking because I want to use a mac and MT4 isn't compatible.

James
  • #631
  • Mar 31, 2007 10:41am Mar 31, 2007 10:41am
I'm using Oanda right now. You're right the spreads are great. I've never had any issues on fills (pretty much instantantaneous). Their trading platform is suficient. Although I just downloaded MT4 by suggestion from TEB. It looks pretty slick. The only negative about Oanda is that it's a dealing desk and not a Non-Dealing Desk.
  • #632
  • Mar 31, 2007 11:04am Mar 31, 2007 11:04am
Hi TEB,

Just wanted to say thank you again!

Used the Daily,4H,30m all week. Learning what my best entries are, and having very good success.

Appreciate all the insight into trading you are putting into this thread!

Gail
  • #633
  • Edited 11:56am Mar 31, 2007 11:29am | Edited 11:56am
Quoting jamesmean
I was just thinking about starting Oanda. I've been using FOREX.com, and before that FXCM.com. However, the spreads on Oanda are much smaller. I never opened an account with them because I wasn't sure if they were credible or not. I mean, I'm sure many people use it, but out of all the 20 people I know personally who trade never even heard of it.

So, I was wondering if you would recommend it? I'd love to switch over right away from FOREX.com if you never had any problems with Oanda. Always got your money on time? Always had slippage problems fixed?

THANKS!

Also, do you know how far the history goes back on the Oanda's trade station? I mean, I think the 30 min chart on MT4 can go back sometime in 2005. How far can the 30 min chart go back in Oanda? FOREX.com can only go back about a week. I'm asking because I want to use a mac and MT4 isn't compatible.

James
I think they are very good
they are the 3rd biggest FX brooker
& what I like about them is they never bet against you
they really don't care if you win or lose
they ONLY take the spread.

you can bet as little as penny's if you like.

the only down sides is the way you get money to them & out
can be a bit high
& you can never get anyone if you need the desk is bad do every thing by computer
very few people around
But if a mistake happens they will make it right
they don't do funny things with price- ever
other then in the big US news!

& last their flatform is the pits


TEB
  • #634
  • Mar 31, 2007 1:29pm Mar 31, 2007 1:29pm
It's weekend and we shall celebrate not "work" but what the hell

Closed all 5 trades just before market close with some profit. Polish TV announced that US goes on a war with Iran on 6th of April but I can't find any info on major news sites. Did U heard anything? I wonder if it influences the markets somehow.

What do you think about trading just after market opens? Stochs are turning back to continue Fridays big moves... will $ keep loosing?

Good weekend!
  • #635
  • Mar 31, 2007 2:24pm Mar 31, 2007 2:24pm
Hi Hadrys ,

just make a google -> Operation Bite

if this is going to happen , its very possible that we can say good by to our

way of life !!!!
  • #636
  • Mar 31, 2007 2:42pm Mar 31, 2007 2:42pm
Quoting Hadrys
It's weekend and we shall celebrate not "work" but what the hell

Closed all 5 trades just before market close with some profit. Polish TV announced that US goes on a war with Iran on 6th of April but I can't find any info on major news sites. Did U heard anything? I wonder if it influences the markets somehow.

What do you think about trading just after market opens? Stochs are turning back to continue Fridays big moves... will $ keep loosing?

Good weekend!
I think April 1st came to Poland T.V. Early

TEB
  • #637
  • Mar 31, 2007 2:42pm Mar 31, 2007 2:42pm
Bite is pure rumor. If it happened Bush would be impeached!
  • #638
  • Mar 31, 2007 4:02pm Mar 31, 2007 4:02pm
teb: I think April 1st came to Poland T.V. Early
drayco: Bite is pure rumor. If it happened Bush would be impeached!

hoped to thought like that but kind of a sick joke... :/

However Eisenhower and 100 US airplanes "training" nearby aren't funny at all. Maybe it's time to put 100pips stop loss on every trade just in case of surprising news?
  • #639
  • Mar 31, 2007 5:47pm Mar 31, 2007 5:47pm
Nice tool...
Attached File(s)
File Type: mq4 DIGISTOCH.mq4   20 KB | 703 downloads
  • #640
  • Mar 31, 2007 7:45pm Mar 31, 2007 7:45pm
WOW! Interesting indicator. Thanks!
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