TEB: Retracement Wave Surfer System

While I was sleeping 5 of my trades ended up hitting my stop. However if I was awake, three of them would have ended in a profit and I would have gotten into two more trades that would have totaled over 100 pips.

Has anyone tried this system with a trailing stop and just let it go? How well did it work out for you?

jamesmean, you may use the MPTM by SteveHopwood to manage your trade while you are away. I have been trading this method with MPTM to auto manage my trade, so far so good.

profitable trading to you and all

looking for pull backs on the eur/usd and the eur/jpy
to buy in to ... buy the dips

teb63

EU has triggered long?

I hope everyone is trading well

For all the new traders -- today at 830 est (new york)is

NFP Non Farm Payroll

its best to take the day off unless you know what you are doing
esp. with the euro rate stuff yesterday

cheers

teb

alert watch your head

look out for falling euro(usd) 1.3588


teb

teb

We are in white line is the 1st target.





see you later when we see if we win or lose

cheers

teb

Boy for those who like fibbs great bounce off the 23%


teb

Hi TEB,

I read one of your old treads and you talked about moving your SL to the "00" and the "50" but didn't understand what those two figures meant. Can you explain please? I apologize for using this thread as that one was closed.
Thanks in advance.

TEB,

I noticed this is a new system that you're teaching and I would like to know if you still recommend using the "simple one" taught some years ago on this forum where you used the 50MA, looking for the slope of the line and the stochastics for entry and exit?

Thanks.

Hi TEB6e

Nice trend trading system.

I am only trading on - the day - 8 hour -4 hour charts


Oil Day Sell 2 to 1
1st entry 95.85 Target 88.70 (in)
2nd entry 97.65 Target 92.30
Stop Loss 99.52


gpbusd 8 hour sell 2.5 to 1 (in)
enter 1.6032 (in)
target 1.5953
stop loss 1.6069

gpbusd 8 hour sell 2.5 to 1 (in)
enter 1.6032 (in)
target 1.5953
stop loss 1.6069


target hit $546

usdchf 2 to 1
Day - sell
0.84250 lim sel
0.8200 t
0.8350 sl


gpbchf 2 to 1
Day - sell
1.3550 lim sel
1.3250 t
1.3705 sl

usdjpy 2 to 1
8hour –buy
80.700 lim buy
81.27 t
8046 sl

usdjpy 2 to 1
8hour –buy
80.74 mar buy
T 81.37
S 8048

Hi Teb,
still trading your interesting system TEB2 with stochastics or in your view this one is better?