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1.2.3. break bacis

  • #301
  • Nov 26, 2008 10:15am Nov 26, 2008 10:15am
Attached Image (click to enlarge)
Click to Enlarge Name: gg.gif Size: 46 KB


Did anyone else get these trades?
It was a great set up

3trades forthe day here are the two from the eur

117 pips (x5 = 585 on here anyways)

cheers

TEB
  • #302
  • Nov 27, 2008 4:04am Nov 27, 2008 4:04am
Hi Teb

what about this trade ? Is it ok ?

Entry DarkViolet
Stop Red
Target1 Blue
Target2 DeepSkyBlue
Attached Image (click to enlarge)
Click to Enlarge Name: trade 27.11.2008 11.01.43 0002.png Size: 46 KB
  • #303
  • Nov 27, 2008 4:16am Nov 27, 2008 4:16am
Hi

I wrote a skript, it helps to post charts.

Do the following:
1 Install the skript.
2 Make a hotkey with leftclick onto the skript
3 Place a fibo onto the chart
4 Rename the Fibo into "teb"
5 click the hotkey to start the skript

What you get:
You will get the colored lines as in my last post.
You can change the lines because of round numbers etc.
You can read the places of Entry, Stop, Target1, Target2 for your orders.
Others as well can read the values onto your screenshots....

After you installed it like above its only:
1 move the fibo
2 press the hotkey
3 fun
Attached File(s)
File Type: mq4 tebset.mq4   3 KB | 769 downloads
  • #304
  • Dec 2, 2008 7:58pm Dec 2, 2008 7:58pm
Hi,

I have been on this thread for awhile. Now I am trading this method live.

Is TEB still using this method or the WSS one?

Which method do you think is better or rather, when to use this method as compared to WSS.
{Promotion Removed}
  • #305
  • Dec 2, 2008 8:37pm Dec 2, 2008 8:37pm
Quoting kris
Hi,

I have been on this thread for awhile. Now I am trading this method live.

Is TEB still using this method or the WSS one?

Which method do you think is better or rather, when to use this method as compared to WSS.

WSS is my main system always

I use this one when we have a stong trend!!

cheers

TEB
  • #306
  • Dec 6, 2008 4:40am Dec 6, 2008 4:40am
Hi,

How will we know if there is a sudden change in the short term trend. When there is a 123 break on the 15 min which has broken the trend as dictated by 1h and 4h. But ended up as a failed trade and the 1h soon also breaks the EMA.

I understand that you have said to look at the 4h candle. But what do you do if you encounter this situation? When you thought the 15min chart will go back to the trend but instead the 1h breaks the EMA.
{Promotion Removed}
  • #307
  • Dec 6, 2008 4:41am Dec 6, 2008 4:41am
Does the angle of the 200ema matter?

Your chart has more than 1 ema, how do you use the other emas? thanks.
{Promotion Removed}
  • #308
  • Dec 6, 2008 5:24am Dec 6, 2008 5:24am
[quote=TEB63;2391870]WSS is my main system always


Will you kindly direct me to information on what WSS is?
  • #309
  • Dec 6, 2008 5:25am Dec 6, 2008 5:25am
[quote=ALThau;2400758]
Quoting TEB63
WSS is my main system always


Will you kindly direct me to information on what WSS is?


Forums > Trading Systems http://www.forexfactory.com/images/m..._finallink.gif World's Simplest System

http://www.forexfactory.com/showthread.php?t=66749

cheers
teb
  • #310
  • Dec 10, 2008 8:54pm Dec 10, 2008 8:54pm
Hi,

Eversince TEB said that he is using WSS more, this thread seems to be dead.

I feel that this method is much safer than WSS. It has higher success rates for me. The WSS method is much harder. Because the price does not immediately re-cross the 200ema on the smaller TF. So it suffers high drawdowns at time.

Correct me TEB, I am having difficulty with WSS. WSS may lead to a change of intermediate trend and as a result trades become losses. While this method works in strong trends. And we are only trading with the strong trends.
{Promotion Removed}
  • #311
  • Dec 10, 2008 9:20pm Dec 10, 2008 9:20pm
Quoting kris
Hi,

Eversince TEB said that he is using WSS more, this thread seems to be dead.

I feel that this method is much safer than WSS. It has higher success rates for me. The WSS method is much harder. Because the price does not immediately re-cross the 200ema on the smaller TF. So it suffers high drawdowns at time.

Correct me TEB, I am having difficulty with WSS. WSS may lead to a change of intermediate trend and as a result trades become losses. While this method works in strong trends. And we are only trading with the strong trends.
Hi Kris

I am very glad it is working for you!!

I find the WSS much safter .. less draw downs if done right
this one I use only in a very strong trends!

Its the set ups in the WSS that is so strong!

cheers


Teb
  • #312
  • Aug 11, 2009 2:56am Aug 11, 2009 2:56am
first target hit
Attached Image
  • #313
  • Aug 11, 2009 1:17pm Aug 11, 2009 1:17pm
First target hit: 1 Lot (+40)
Second target hit: 1 Lot (+80)
Attached Image
  • #314
  • Jan 28, 2010 10:23am Jan 28, 2010 10:23am
Is this system good also for stocks market?
And for any kind of market.... trend and ranging too?
Thanks
Il successo si condensa in pochi attimi.Buddy Fox
  • #315
  • Sep 29, 2010 9:14am Sep 29, 2010 9:14am
Hi Teb
Use you this system yet? A like it. Thanks
Csenge
  • #316
  • Feb 26, 2011 1:04pm Feb 26, 2011 1:04pm
In my humble opinion, this thread should be on every trader's must read list. Simple, effective and applicable to almost any style of trading.
Stay calm, be brave, wait for the signs - Jasper Friendly Bear
  • #317
  • Jul 3, 2012 10:43pm Jul 3, 2012 10:43pm
Thanks for sharing this valuable info and method.I've been working hard to learn all I can and I think my brain got clogged up with all that info, lol. Now I'm looking at some simple methods and making good pips. Yesterday was a crazy day, I was up about 250 pips but got caught on a few bad 1's but closed the day out with a profit of 9 pips. Still I made a little and was happy to have that little bit. Could have been a lot worse.

Hoping everyone makes happy pips and has a good time doing it
  • #318
  • Sep 10, 2012 5:03pm Sep 10, 2012 5:03pm
Yeah GOOD system.. Great.. Thanks and thanks Chonchy for tip..
  • #319
  • Oct 28, 2012 3:56pm Oct 28, 2012 3:56pm
Quoting danc
Yeah GOOD system.. Great.. Thanks and thanks Chonchy for tip..
.........Thanks danc for your kinds words, and I thank fxhermit that guided me to it.......
The Chonchy
  • #320
  • Sep 19, 2013 4:56pm Sep 19, 2013 4:56pm
I never understand why threads on simple systems like this one never last long.

I think its because those who know how to trade - trade something like this

and those who do not know how to trade have 100000 tools on there charts!

I get pips everyday with this system!!
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