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Close Price VS Median Price (or other price types) 33 replies

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  • #3,161
  • Feb 28, 2013 3:34am Feb 28, 2013 3:34am
Quoting mel3
now the price, eu/us is araund the midle TMA line, for SBT better wait till upper line o triger sell yet?
yes.. it offer higher probability success.
  • #3,162
  • Feb 28, 2013 3:38am Feb 28, 2013 3:38am
Have triged for sort 5m ago.
ty
Quoting P.Dean
yes.. it offer higher probability success.
  • #3,163
  • Feb 28, 2013 3:49am Feb 28, 2013 3:49am
Hi Mr. Dean I have followed this thread for a week. Great system!
  • #3,164
  • Feb 28, 2013 3:53am Feb 28, 2013 3:53am
Quoting mel3
Have triged for sort 5m ago.
ty
you do realize I said SBPT provides higher probability vs the Mid-band setup.
just making sure you understood me correctly.
  • #3,165
  • Feb 28, 2013 3:53am Feb 28, 2013 3:53am
Quoting mel3
Have triged for sort 5m ago.
ty
You mean the eur/usd? As I understand this trend can only be identified as mild striking due to small TMA range, therefore MSBT Trades and MSCT Trades are valid setups... Just now the price was bouncing off the middle TMA line, which could not considered as a valid setup for Mr. Dean's system.
I am new here so if I am wrong let me know
  • #3,166
  • Feb 28, 2013 4:23am Feb 28, 2013 4:23am
Quoting jbjsg
You mean the eur/usd? As I understand this trend can only be identified as mild striking due to small TMA range, therefore MSBT Trades and MSCT Trades are valid setups... Just now the price was bouncing off the middle TMA line, which could not considered as a valid setup for Mr. Dean's system.
I am new here so if I am wrong let me know
you stand correct, good observation.. the Midband setup is not valid due to mild striking band.
the best setup to keep a eye on is the sbpt setup.. counter trade must be taken with very very extra care.. I won't take it personally as of what i see right now.
  • #3,167
  • Feb 28, 2013 4:26am Feb 28, 2013 4:26am
i quit my trade with 0, no loss no win to long.
  • #3,168
  • Feb 28, 2013 5:06am Feb 28, 2013 5:06am
Sorry but there i'm a little lost, denn what is the diffent wiht both can you post two charts showing a SBT and a MSBT ?if possible two buys trades.TY
Quoting P.Dean
you stand correct, good observation.. the Midband setup is not valid due to mild striking band.
the best setup to keep a eye on is the sbpt setup.. counter trade must be taken with very very extra care.. I won't take it personally as of what i see right now.
  • #3,169
  • Feb 28, 2013 5:45am Feb 28, 2013 5:45am
Quoting mel3
Sorry but there i'm a little lost, denn what is the diffent wiht both can you post two charts showing a SBT and a MSBT ?if possible two buys trades.TY
msbt is for reversal trades same as msct.. its a counter play.
sbt or sbpt are the same and its a trend play.
there is plenty of examples in the thread.
  • #3,170
  • Feb 28, 2013 5:54am Feb 28, 2013 5:54am
ok i will look later tread to tread.
TY
Quoting P.Dean
msbt is for reversal trades same as msct.. its a counter play.
sbt or sbpt are the same and its a trend play.
there is plenty of examples in the thread.
  • #3,171
  • Feb 28, 2013 5:55am Feb 28, 2013 5:55am
folks we got three setups in however way that its called.. but to be sure of the names, here it is.. stick to these name please..

SBPT.. Striking Band Pullback Trade.. its a trend play when you take trade off the opposite band on pullback.
NBT.. Neutral Band Trade.. it's a range play, when you take trades of a flat PA/Band.
SBCT.. Striking Band Counter Trade.. it's a reversal play, when you get a setup outside of the band with DT/DB (Double top/Double bottom) and RF confirmation.
Please forget the Mid-band setup.. I am throwing it out, period.

Please stick to these abbreviations from now on for clear communication between us all.

SBPT is our number and most popular setup and provides the highest success rate.

Thank in advance.
  • #3,172
  • Feb 28, 2013 6:11am Feb 28, 2013 6:11am
throwing out mid-band play? Ok I guess I need to update my notes.
  • #3,173
  • Feb 28, 2013 6:14am Feb 28, 2013 6:14am
TY P. Dean i have a quik look a some post and now understand the difference, the last tread we tooked was clearly a MSBT and not a SBT how ibjsq told.And very well for him
Regards
Quoting P.Dean
folks we got three setups in however way that its called.. but to be sure of the names, here it is.. stick to these name please..

SBPT.. Striking Band Pullback Trade.. its a trend play when you take trade off the opposite band on pullback.
NBT.. Neutral Band Trade.. it's a range play, when you take trades of a flat PA/Band.
SBCT.. Striking Band Counter Trade.. it's a reversal play, when you get a setup outside of the band with DT/DB (Double top/Double bottom) and RF confirmation.
Please forget the Mid-band setup.. I am throwing it...
  • #3,174
  • Feb 28, 2013 7:44am Feb 28, 2013 7:44am
Quoting jbjsg
throwing out mid-band play? Ok I guess I need to update my notes.
its a wash play my friend.. it's not bad and at times you will get some really good runs.. but at the end of bunch of trades you will see its a wash play.
You all could trade it.. I just won't talk about it much anymore since i will not bother to trade it.
  • #3,175
  • Feb 28, 2013 3:15pm Feb 28, 2013 3:15pm
Hi dean, is your tma indicator the non repainting version.
  • #3,176
  • Feb 28, 2013 11:10pm Feb 28, 2013 11:10pm
Good morning guys!

Dean, can you explain some of your open trades in trade exlorer? I understand this are on larger time frames....

Thanks and regards.
Xavi,
  • #3,177
  • Feb 28, 2013 11:40pm Feb 28, 2013 11:40pm
Morning all,

Approaching the end of the week of trading.. overall it was a good week with unbelievable bearish move on jpy pairs cross the board.. I like to see another push today at least for the test of LL's.. who knows.

Chart update..
I see some small bearish move on most pairs, slightly tilting the band.. remains to be seen if it will countiue to make things striking or mild or Neutral.. anyhow it falls we could patiently take advantage of it with one of our setups and it's too much chaos it could sit us on our hands.

Lets roll..
  • #3,178
  • Feb 28, 2013 11:42pm Feb 28, 2013 11:42pm
Quoting Jane_peters
Hi dean, is your tma indicator the non repainting version.
yes it is none repainting. the True TMA is the none repainting vs the regular TMA which is repainting one. However in the now moment both are the same.
  • #3,179
  • Feb 28, 2013 11:46pm Feb 28, 2013 11:46pm
Quoting torbarxa
Good morning guys!

Dean, can you explain some of your open trades in trade exlorer? I understand this are on larger time frames....

Thanks and regards.
Xavi,
Hi X man.. please refer to post 2985 & 3154.

Thanks.
  • #3,180
  • Edited 12:20am Mar 1, 2013 12:07am | Edited 12:20am
i find at the moment par eu/yen most interssant to considerer a NSB if conditions meet? for sell. No waiting!
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