As I said, a break of the trendline will be good to take a small short. Profit target should be reached for anybody by now, TP was around 53 which is heavy support.
Have a good evening gents.
Have a good evening gents.
TEB 5ema & 12ema and 21 RSI (MTF)
- #702
- Jun 21, 2010 1:24pm Jun 21, 2010 1:24pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
I hope everyone was able to beat up on the euro
I ended up with about 200 pips (213)
on 17 trades
ugle day!!
2 trades still open
anyways
talk later
teb
[email protected]
I ended up with about 200 pips (213)
on 17 trades
ugle day!!
2 trades still open
anyways
talk later
teb
[email protected]
I hope everyone was able to beat up on the euro
I ended up with about 200 pips (213)
on 17 trades
ugle day!!
2 trades still open
anyways
talk later
teb
[email protected]
- #704
- Jun 21, 2010 2:06pm Jun 21, 2010 2:06pm
I hope everyone was able to beat up on the euro
I ended up with about 200 pips (213)
on 17 trades
ugle day!!
2 trades still open
anyways
talk later
teb
[email protected]
Once again I'm slightly confused. In your last e-mail you had EURUSD had as a trend strength of 1-4 neutral, and as you already stated you do not trade '4's. Also it was a Monday. Could you please explain why you entered these trades. Was it some pattern of behaviour in the EURUSD etc, i.e. did the '4' neutral suddenly become an 8 bear?
Trying to understand...
Kind regards,
- #706
- Jun 21, 2010 3:34pm Jun 21, 2010 3:34pm
TEB,
Once again I'm slightly confused. In your last e-mail you had EURUSD had as a trend strength of 1-4 neutral, and as you already stated you do not trade '4's. Also it was a Monday. Could you please explain why you entered these trades. Was it some pattern of behaviour in the EURUSD etc, i.e. did the '4' neutral suddenly become an 8 bear?
Trying to understand...
Kind regards,
- #707
- Jun 21, 2010 4:20pm Jun 21, 2010 4:20pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
17 ! wow. could you post one or two trades that are NOT crosses of the 5 & 12 on the 5 min ? if you've done 17 trades I assume you've done other trades besides crosses. thanks
can not post oanda sorry
that is why once and awail (esp easly morning) I post MT4 charts
I did a few aud/usd early in the morning the rest were eur/usd.
The crosses enter. Some times I will do crosses;
but more often I do candle formations to enter or patterns.
(tomorrow I will send the strongest candle formation
if you are on my list you will get it if not email me and I will send it to you)
TEB
[email protected]
- #708
- Jun 21, 2010 4:31pm Jun 21, 2010 4:31pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
[quote=4Xfactor;3818471]And this time I hope I do not get lost in the noise.
[/quote]
Hi 4X
there was nothing to trade.
Its important to read what I right I said "we will not trend untill the euro makes up its mind..." I believe it did,
Big Trend reversal on the 5,15,30 min charts .. I will take that.
What I send out is from the night before but the forex is a living market,
I think with the "thoughts of a war" will change the FX for sure.,
I think its good to see where the trends are
but be open to see when they change
The numbers I send out work 6 out of 7 days
but on the 1 out of 7 I look to see what I can do.
I hope that is helpful
teb
[/quote
]Hi 4X
there was nothing to trade.
Its important to read what I right I said "we will not trend untill the euro makes up its mind..." I believe it did,
Big Trend reversal on the 5,15,30 min charts .. I will take that.
What I send out is from the night before but the forex is a living market,
I think with the "thoughts of a war" will change the FX for sure.,
I think its good to see where the trends are
but be open to see when they change
The numbers I send out work 6 out of 7 days
but on the 1 out of 7 I look to see what I can do.
I hope that is helpful
teb
can not post oanda sorry
that is why once and awail (esp easly morning) I post MT4 charts
I did a few aud/usd early in the morning the rest were eur/usd.
The crosses enter. Some times I will do crosses;
but more often I do candle formations to enter or patterns.
(tomorrow I will send the strongest candle formation
if you are on my list you will get it if not email me and I will send it to you)
TEB
[email protected]
If you can post MT4 charts that's great. We just would like to see which candle formations you used this morning as a live trading example. I think that would be helpful for many of us here. You could make a screenshot of a MT4 chart and put a square box on the candle formation you entered for instance.
- #712
- Jun 21, 2010 7:03pm Jun 21, 2010 7:03pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Teb just show these trades on Metatrader. Where were your entries.
Its not very difficult showing your entries.
some times I do when I am not to busy.
but its more you do your system
and look back where you would havw taken the trades
teb
- #714
- Jun 21, 2010 7:29pm Jun 21, 2010 7:29pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
one lot closed at 11 pips
2nd lot moved BE +1
will get it swing out
teb
- #715
- Jun 21, 2010 7:53pm Jun 21, 2010 7:53pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
2nd lot SL at BE+1
22 pips on both trades
cheers
teb
- #718
- Jun 22, 2010 5:33am Jun 22, 2010 5:33am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
I sent this out to my mailing list
if you want to be on my mailing list
email me at
[b][email protected][/b]
teb
Date: for June 22 Trend Strength
Eur/Usd 1 to 4 no trend (Neutral).
Eur/Gbp 1 to 4 no trend (Neutral).
Eur/Jpy 1 to 4 no trend (Neutral).
Usd/Jpy 1 to 4 no trend (Neutral).
Usd/Cad 1 to 4 no trend (Neutral).
Aud/Usd 1 to 4 no trend (Neutral).
Gbp/Usd 1 to 4 no trend (Neutral).
Usd/Chf 1 to 4 no trend (Neutral).
Crude Oil Bull 7
Gold Bull 7
Key
Trend
Bear (down)
Bull (up)
Strength
7 & 8 Strong trend
5 & 6 Weak trend
1 to 4 no trend (Neutral)
I look to trading only 7 & 8
I will not trend trade 4 or below, no trend no trade.
Non Trade Days ie. 1. Interest rate 2. Nonfarm payroll 3. Holidays 4. Elections
· Best to trade a pair that does business in the time you are trading.
· The best days to trade trend are Tues, Wed, Thru.
· Worst times are Sunday night and Friday after 12noon EST.
· Only trade with the trend, use whatever set up you like.
· You make money on the exit!!!
Trading Idea for the day
No trend trading : Until the euro makes up its mind
The pairs will not be trending . Trade range trading today.
News
Spain is looking worse and worse.
Unpegging of the China’s Yuan should increase US exports.
Training is risky, trade at your own risk!!!!
if you want to be on my mailing list
email me at
[b][email protected][/b]
teb
Date: for June 22 Trend Strength
Eur/Usd 1 to 4 no trend (Neutral).
Eur/Gbp 1 to 4 no trend (Neutral).
Eur/Jpy 1 to 4 no trend (Neutral).
Usd/Jpy 1 to 4 no trend (Neutral).
Usd/Cad 1 to 4 no trend (Neutral).
Aud/Usd 1 to 4 no trend (Neutral).
Gbp/Usd 1 to 4 no trend (Neutral).
Usd/Chf 1 to 4 no trend (Neutral).
Crude Oil Bull 7
Gold Bull 7
Key
Trend
Bear (down)
Bull (up)
Strength
7 & 8 Strong trend
5 & 6 Weak trend
1 to 4 no trend (Neutral)
I look to trading only 7 & 8
I will not trend trade 4 or below, no trend no trade.
Non Trade Days ie. 1. Interest rate 2. Nonfarm payroll 3. Holidays 4. Elections
· Best to trade a pair that does business in the time you are trading.
· The best days to trade trend are Tues, Wed, Thru.
· Worst times are Sunday night and Friday after 12noon EST.
· Only trade with the trend, use whatever set up you like.
· You make money on the exit!!!
Trading Idea for the day
No trend trading : Until the euro makes up its mind
The pairs will not be trending . Trade range trading today.
News
Spain is looking worse and worse.
Unpegging of the China’s Yuan should increase US exports.
Training is risky, trade at your own risk!!!!
- #719
- Jun 22, 2010 9:49am Jun 22, 2010 9:49am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
crappy day... like I predicted
I got a few 11 pipers
but its a crappy day
small wins today and no loses ... hopefully
anyone done better I hope
teb
I got a few 11 pipers
but its a crappy day
small wins today and no loses ... hopefully
anyone done better I hope
teb