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

  • #1,481
  • Oct 25, 2010 5:10am Oct 25, 2010 5:10am
Hi one and all

I am moving into the 21C

I am setting up a blog very simple at this time

http://teb63.wordpress.com

you can see my chart set up and a number of trades I had on from last

night on the eur/usd

by the way great night !!

teb
  • #1,482
  • Oct 25, 2010 5:18am Oct 25, 2010 5:18am
i see the trend and trade pretty much the same as my last call

I have a very bussy day so talk later

cheers

teb
  • #1,483
  • Oct 25, 2010 5:39am Oct 25, 2010 5:39am
dear teb,

can you please explain a little about the pullback.

u said you trade off the 12ema. i have been only take the cross.

but you mentioned it is better than the cross.

i know it's probably something simple, but if you dont mind, just explain it in a few words. no chart needed.

thanks for the time
  • #1,484
  • Oct 25, 2010 6:02am Oct 25, 2010 6:02am
it's an excellent system. the key is the mtf. that is really, very, very, very important which needs to be stressed. that is the make or break of this form of trading psychology.

the reason i am looking into your system is cuz i did a search on ema crosses.

it is very, very, very tough to do 1h using 4h to confirm or even 15m using 1h to confirm a lot of the time. it's tough because there aren't enough trades and your nerves are tested big time when you don't know when to get out, OR even if you are waiting for the ema to RE-cross.

that's why i'm looking into your system. i am willing to sacrifice and get less pips and have more losses, but to have a happier trading life.

Quoting TEB63
no one else liking this system?

cheers
teb
  • #1,485
  • Oct 25, 2010 6:51am Oct 25, 2010 6:51am
Quoting chiba_san
it's an excellent system. the key is the mtf....

Good explanation on pullback with familiar ema's
http://www.forexfactory.com/showthread.php?t=11854

cheers
  • #1,486
  • Oct 25, 2010 8:49am Oct 25, 2010 8:49am
very kind of you, goldsurfer, very kind
  • #1,487
  • Oct 25, 2010 8:51am Oct 25, 2010 8:51am
TRADE
5/30 min looking for or in
EurUsd/
AudUsd
AudNzd/
AudCad/
EurGbp/
UsdJpy/
GbpJpy/

Gold/ (I am not trading gold but still a buy on)

4 hour trade looking for
NzdUsd/.7575(4 hour trade)


Cheers

TEB
  • #1,488
  • Oct 25, 2010 8:53am Oct 25, 2010 8:53am
Quoting goldsurfer
Good explanation on pullback with familiar ema's
http://www.forexfactory.com/showthread.php?t=11854

cheers

MA are just ok
but as far as this goes it well done
I like candle formations better

if I get some time I will do something
hey I will put it on my blog lol

teb
  • #1,489
  • Oct 26, 2010 4:06am Oct 26, 2010 4:06am
Quoting goldsurfer
Good explanation on pullback with familiar ema's
http://www.forexfactory.com/showthread.php?t=11854

cheers
what is the mtf ? is it an indicator ? what are the settings ?
  • #1,490
  • Oct 27, 2010 2:51am Oct 27, 2010 2:51am
Quoting TEB63
no one else liking this system?

cheers
teb
Teb, parles tu français?? Peut-être que vous devriez avoir un blog français
  • #1,491
  • Oct 29, 2010 9:58am Oct 29, 2010 9:58am
Quoting whatfx
what is the mtf ? is it an indicator ? what are the settings ?

MTF is Multi Time Frame. If you are using Teb's 30 min 5 min system, you would look for the trend to start on the 30 minute chart, with the moving averages crossed and the rsi below the 50 line. this would indicate a trend is beginning on that time frame, then you would look for the same set up to occur on the the 5 min chart. entries are taken off the 5 min.. you should read the thread from the first page. It's all there in black and white.

Great week using your methods teb!

160 pips on eur/usd for the week
123 pips on the aud/usd

Things can get Real ugly, Real quick!!!
  • #1,492
  • Edited 11:51am Oct 30, 2010 6:12am | Edited 11:51am
TEBPOWER TRENDTRADER: weekend report

TREND
Usd 4

Eur5
Chf 3
Gbp 0
Jpy 6

Cad 0
Aud5
Nzd7

Gold 6
Silver 6
Oil 0
NGas 3
Dwj 9



TRADE
EurUsd/1.3985
UsdChf/====
GbpUsed/1.6130


EurGbp0.8480
EurChf/====
GbpChf/====

UsdCad/====
AudUsd/.9845
NzdUsd/ 5/30 min(4 hour in)

UsdJpy/5/30 min
EurJpy/====
GbpJpy/127.25
AudJpy/====
CadJpy/5/30 min

AudCad/1.0065
AudNzd/====
EurAud/1.4025
EurCad/1.4270

Gold 5/30 min
Silver 5/30 min
Oil /====
NGas /====
Dwj 11128

Key.....
1. ......bull/long...........bear/short..............neutral........
2. ==== no trade set up.
3. Usd Chf.....5/30 min pair to trade with system
4. Aud Usd.....1.0005 4 hour trade enter at this point or with system above/below this point

Trading is RISKY!Trade at your own RISK!
Risk Disclosure Statement: The risk of loss in trading foreign exchange can
be substantial. You should therefore carefully consider whether such trading
is suitable for you in light of your financial condition. Always use a Stop Loss!!
TEB to be added to email list or get the rules send an email to[b][i][font=Arial][color=#0000ff][email protected][/color][/font][/i][/b]
  • #1,493
  • Edited Oct 31, 2010 8:43am Oct 30, 2010 1:58pm | Edited Oct 31, 2010 8:43am
I have had a lot of emails again how you use this system
so to save people having to read the whole thread
there it is

1st. go to the TEB Trend and Trade

TEBPOWER TRENDTRADER: weekend report

TREND
Usd 4

Eur5
Chf 2
Gbp 6
Jpy 6

Cad 2
Aud5
Nzd7

Gold 6
Silver 6
Oil 0
NGas 3
Dwj 9

You want the two currencies to be one of the highest numbers a part.
a. On this set you want the two at least 5 apart.
b. It is best if one of the currencies is red and one is green .
c. The Number a part changes with the market Volatility

I have the Usd and the Eur marked in yellows
a. they are more then 5 apart
b. one is Green and one is Red.

2nd. Now move to the 30 min chart and make sure it’s in line with the bigger trend.
(we can pull trades off this chart too .. you can see one trade on the charts)

3rd. Then we look for trades signals on the on the 5 min chart .

4th. Eastest exits are
a. A cross back on the 30 min chart .... let it run/
b. or keep moving the SL until it takes you out ,

5th. Stop losses are the last swings ... again keep moving it up/down.

Its that simple ..


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teb
  • #1,494
  • Oct 31, 2010 3:17am Oct 31, 2010 3:17am
Sorry to ask you that but when you say that the two numbers must be more than five apart, does it mean that they must have a difference of 5?
Like A green 1 and a green 6 or (I suppose red is negative numbers for you)
a red 1 (-1) and a green 4?
Just not to be confuse...
And when on the 5mn chart is the crossing more important than the RSI?
  • #1,495
  • Oct 31, 2010 5:28am Oct 31, 2010 5:28am
Quoting pitou
Sorry to ask you that but when you say that the two numbers must be more than five apart, does it mean that they must have a difference of 5?
Like A green 1 and a green 6 or (I suppose red is negative numbers for you)
a red 1 (-1) and a green 4?
Just not to be confuse...
And when on the 5mn chart is the crossing more important than the RSI?

yes its the differance

ie

3 and a 2 =5

or

3 and a 8 =5

but all things being equal the 1st pair is better

again 5 is the smallest differance ... look for the bigger ones.

teb
  • #1,496
  • Oct 31, 2010 8:51am Oct 31, 2010 8:51am
Quoting TEB63
I have had a lot of emails again how you use this system
so to save people having to read the whole thread
there it is

1st. go to the TEB Trend and Trade

TEBPOWER TRENDTRADER: weekend report

TREND
Usd 4

[size=3][color=seagreen][b][FONT=Arial...

Ok again a lot of emails 3 ways to play this system

1st. 10 or 20 pips (same SL)
every time it crosses the 5 min chart in line with the 30 min And TEBstrenghtmetre (only in busy hours) and if you take 2 losses in a row take some time off you are in chop.

2nd. Entry every signal on the 5 min as entries into the 30 min and let it run until a 30 min exit.

3rd. Do both. 2 lots. but on the 30 min lot use the last swing as the stop not a pip SL and on the other do a pip stop

can also enter on the 30 chart when it turns to the main trend very strong

Cheers

TEB
  • #1,497
  • Oct 31, 2010 11:55am Oct 31, 2010 11:55am
just a little clear picture

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teb
  • #1,498
  • Oct 31, 2010 12:55pm Oct 31, 2010 12:55pm
There is the other 1/2 of my trading on the 4 hour charts
Where are 3 I am looking to get in

The Nzd/USD I am in already called that trade last week
and lots of pips banked

Attached Image (click to enlarge)
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teb
  • #1,499
  • Oct 31, 2010 2:10pm Oct 31, 2010 2:10pm
Quoting TEB63
There is the other 1/2 of my trading on the 4 hour charts
Where are 3 I am looking to get in

The Nzd/USD I am in already called that trade last week
and lots of pips banked

Attachment

teb
Teb could you explain again, how are your entrys on the 4hour chart?
Greetings, BeLikewater
  • #1,500
  • Oct 31, 2010 2:57pm Oct 31, 2010 2:57pm
Quoting BeLikeWater
Teb could you explain again, how are your entrys on the 4hour chart?

simply enter 1 pip (+ spread) behond the price point I gave you .. only in the direction of the trend of coarse.

cheers

teb
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