TEB: Retracement Wave Surfer System

well Teb,

Stick your neck out and see what happens...

i like your systems. I see an evolution over time but an internal consistency to all of them. I have many systems that really are the evolutionary output of one primary idea as well.

people would probably say that i jump everywhere as well but in my mind's eye I can see the evolution if others cannot. It is not for me to educate them.

Another trader (nanningBob) has gone from a counter-trend trader to a trend trader which is completely different and he is now relearning. That does not make his other systems useless. It just means that he has changed as a result of changes in the marketplace and/or his thinking.

As an example of my current finetuning I use what i call Fractal 21. I trade on H1 with 21 EMA as my trigger while using the H4 and D1 equivalent EMA 21 as the other 2 EMAs all on one chart. Same rules, same ideas. I had used other EMAs previously but Fractal 21 is internally consistent to me so I use it. It was an evolutionary process.

We live..We evolve.

all this going on there was 2 trade I have been taking

1. eur/bgp 1 2 3 break (2nd break)from the 1st break under the 30sma up 34 pips

2. aud/usd a trend line break (1st break) to a 1 2 3 (2nd break) up 22 pips


both. I am moving to break even +1 because of the time

will post the trades later on the MT5 if I get a chance

teb

Quoit "... I've made some decent $$$ this morning on EUR/USD ... thank you ...

colder99[/quote]


where did you get in on the euro and what were your 2 breaks?

teb

teb

So far the two trades are good
I have moved the stop loses up to break even on both trades



teb63

I closed out my two trades the 00 were hit and I am out with NFP coming later
I will not have a trend following system up and running today have a nice weekend.





cheers

teb

YOUR LAST STRATEGY IS AWESOME, THANK YOU, TEB

in the first inning got + 150 pips ... in the second 59 pips .. in the third we'll see it at some point there must be a setback

every day there are lots of tickets

I am very glad you did well
BUT
in fact you were just on the right side of NFP
if the numbers had been differant you would have lost that same about

I am/was trading but not this system I hope you were on a demo!

cheers

teb

Of course Teb
never a real in friday and least the first Friday of each month ... serious suicide

I just operated on h4 but this strategy in m30 will come to me very well, once I receive my signal h4 down m30 to be the kick before my entry into h4

saludos

IN M30 strategy only works ... but I prefer to play with more security, so I enter h4

Also during the London session and USA I work and I can not be looking at graphics is another reason why I come into h4

sorry i don´t speak english

Nothing Wrong with 4 hours or day or 1 hour for that matter
(I use Oanda and they have the silly 3 hour chart and I use them)
I find the 15 min and 5 min not so good, but others may use them.
its the princible Trend -Retracement- Break/Break- Ride the Wave- Reasoned Exits


Its great to see your posts!! I hope other post their trades as well!!

Thanks Teb ... but it is all thanks to YOUR strategy

FIBO

hi Teb

I find it very harmonious the relationship of SMA 120-60-30 & the relationship of the TF-W1-H4- M30(retracment of h4) .... examples

hi its great posting charts
but tell us what are you are doing

cheers

teb

Hi guys

I want to do something .. we have a lot of eyes on this FF so a lot of eyes I would like for us to help each other and we use this system.

Any time frame or any pair

BUT we post charts all the same so we all understand.
ok where is what I mean

1. we use very simple charts
a. back ground: Black or grey
b.Candles: green and red
c. Tools: 3 SMas
red 120 sma
green 60 sma
yellow 30 sma
nothing else.
we must all do the same to make it easy to understand
(we all have our pet tools we like ie. I like 20 RSI, 14 CCI and the 20 BBand
But I will not have it on my charts.) rsi

Now the trades
we will use only lines and Circles
1st break..will be shown with a yellow line or yellow or circle
2nd break will be shown with a gren line or green circle
Stop Loss will be a red line .
as the trade goes on there could be 2 red lines on the chart
the starting point and a 2nd one if we move it down.

The only fibs we will use are the 0% 50%,100% and the 200%

When you post a chart tell people why(!!!!) you see something happening
it could be set up 1st break,
or the entry the 2nd break
ie. like I show on the charts below

each person can make their own choice if they are in or out.
But each chart should look the same.
BUT EACH PERSON IS RESPONCIBLE FOR THERE OWN TRADES!!!!!!!!!!


the charts should be clean and look like this very little on them
only what we need to read the story/ and so make a choice to get in




Who is in

cheers

teb




.

I am definitely in. I think this would be an excellent way for us to all help each other grow as traders and this method will definitely absolutely help all traders alike to learn and become accustomed to price action with few tools... But yeah like i said teb i am in...

Hi Teb .... just arrived

I mean that with a little analysis of the sma's in w1-h4-m30 can predict the price movement ...and enter in h4 or m30... example attached

saludos.