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Attachments: TEB 5ema & 12ema and 21 RSI (MTF)
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TEB 5ema & 12ema and 21 RSI (MTF)

  • #621
  • Jun 15, 2010 10:45pm Jun 15, 2010 10:45pm
Quoting TEB63
Attachment

teb
Great system!

I actually caught a couple pips on the down trend prior to the up trend!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.gif Size: 59 KB
  • #622
  • Jun 16, 2010 2:08am Jun 16, 2010 2:08am
Hi Teb.
I would understand the entry point. See the picture please

Where is the good entry point? A or B
Attached Image (click to enlarge)
Click to Enlarge Name: entry.gif Size: 21 KB
  • #623
  • Edited 5:34am Jun 16, 2010 4:45am | Edited 5:34am
These are the entry points I have found this morning. Are they correct?

The TFs are 15 - 5 - 1
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 62 KB
  • #624
  • Jun 16, 2010 5:46am Jun 16, 2010 5:46am
Attached Image (click to enlarge)
Click to Enlarge Name: qq.gif Size: 75 KB

teb
  • #625
  • Jun 16, 2010 6:04am Jun 16, 2010 6:04am
Attached Image (click to enlarge)
Click to Enlarge Name: qq2.gif Size: 63 KB


2nd target may change with swings
teb
  • #626
  • Jun 16, 2010 6:10am Jun 16, 2010 6:10am
Quoting Pipsnator
Hi Teb.
I would understand the entry point. See the picture please

Where is the good entry point? A or B

no idea you are doing a diff system
please set up chart like system
1. 3 charts 30 min 5 min ( 1 min if you likde)
2. RSI normal

teb
  • #627
  • Jun 16, 2010 6:46am Jun 16, 2010 6:46am
Attached Image (click to enlarge)
Click to Enlarge Name: qq3.gif Size: 62 KB


1st target taken out 21 pips
stop loss on 2nd lot moved to break even (BE) +1

teb
  • #628
  • Jun 16, 2010 6:58am Jun 16, 2010 6:58am
with NY openning we will have a move up
not likely a change in trend
but our 2nd lot may be taken out

the time to watch will be the reports for big moves againest
9:30 stock market openning maybe a trend changer

teb
  • #629
  • Jun 16, 2010 7:03am Jun 16, 2010 7:03am
adding one more lot @ 76

teb
  • #630
  • Jun 16, 2010 7:27am Jun 16, 2010 7:27am
big news in 5 mins
closing down @ 66 both lots
28 pips and 10 pips
plus 21 on 1st lot

= 59 pips for the morning


Cheers

TEB
  • #631
  • Jun 16, 2010 7:47am Jun 16, 2010 7:47am
looking to go in again below 64

teb
  • #632
  • Edited 3:48pm Jun 16, 2010 8:00am | Edited 3:48pm
setting up for another run down
wait for the signs

teb

well it didn't go down!!!
the nice thing about this system
it keeps you out of bad set ups and so trades!!!
and so loses

teb
[email protected]
  • #633
  • Jun 16, 2010 9:37am Jun 16, 2010 9:37am
Quoting TEB63
no idea you are doing a diff system
please set up chart like system
1. 3 charts 30 min 5 min ( 1 min if you likde)
2. RSI normal

teb
The chart shows M1 in agreement with M5 and M30.
I wanted to understand if you wait the break of the high/low of the previous bar.
  • #634
  • Jun 16, 2010 10:30am Jun 16, 2010 10:30am
Nice charts Teb !!
  • #635
  • Jun 16, 2010 11:45am Jun 16, 2010 11:45am
Hello TEB63

May be it's better to write (50 or 100 ie 1.3550 1.3600) without the "1" in the middle of the number.

see page 1, #1
- I target the next round number (50 or 100 ie 1.3550 1.13600)

Kindest regards
  • #636
  • Jun 16, 2010 12:04pm Jun 16, 2010 12:04pm
Quoting TEB63

3. I trade only the big pairs,I trade mostly on the eur/usd !!!
the other two main ones would be usd/jpy and the eur/gbp
then if no trend on these I would look at the usd/cad or the aud/usd or the eur/jpy

TEB
Why aren't there GBPJPY and EURCHF?
  • #637
  • Jun 16, 2010 12:32pm Jun 16, 2010 12:32pm
Quoting danel
Hey Teb.
I have a question, i´m bit confused, how to you define the right signal?
I have ema 5 and 12 on my chart and rsi 21.
when do I enter? do I enter on the cross of the ema-s ? and what should the rsi be?

Best wishes,

Danel.

I prefere to use the indicators RSI(14) and CCI (14) and trade if they make valleys or peaks. Why? You are earlier in and out with lower risk. The CCI (14) indicator has much more variable selectivity and discriminatory power.
  • #638
  • Jun 16, 2010 3:03pm Jun 16, 2010 3:03pm
Hey.
Okey I´m still on demo with this, I am still learning and finding the right system and indicators for me.
Right now I have on M30 ema 12 and 5, rsi 21 and currency strength indicator.
on m5 and m1 I have ema 12 and 5, rsi 21 and macd stock settings.

If you have some suggestions, what to add or what to whats, I all yours

Best wishes,

Danel.
  • #639
  • Jun 16, 2010 3:40pm Jun 16, 2010 3:40pm
Quoting danel
Hey.
Okey I´m still on demo with this, I am still learning and finding the right system and indicators for me.
Right now I have on M30 ema 12 and 5, rsi 21 and currency strength indicator.
on m5 and m1 I have ema 12 and 5, rsi 21 and macd stock settings.

If you have some suggestions, what to add or what to whats, I all yours

Best wishes,

Danel.

keep it simple !!!

teb
  • #640
  • Jun 16, 2010 3:41pm Jun 16, 2010 3:41pm
Quoting trigg
Why aren't there GBPJPY and EURCHF?
just not the big guys smaller vol.


teb
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