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Attachments: TEB: 20 RSI and 5 & 12 EMAs
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TEB: 20 RSI and 5 & 12 EMAs

  • #101
  • Edited Apr 4, 2014 3:38am Apr 3, 2014 2:27pm | Edited Apr 4, 2014 3:38am
[quote=bappafx;7382328]
Quoting ralf86
I think i found a nice one. 1h-4h-daily over 55RSI. Since there is no retracement on 1h, i moved down to 15m and found retracement crossed. RRR 3:1 What do you think? {image} {image} {image} can you share your template, indicator ?????? thanks

Edit: template posted few posts down, so it looks similar to tebs.
  • #102
  • Apr 3, 2014 3:03pm Apr 3, 2014 3:03pm
Quoting chrispaul286
Letīs see if CHF/JPY crosses 1 Hour TF 55 line, while 4H and Daily is bullish too. Could be a good setup. {image}
I do not see anything
  • #103
  • Edited 3:37pm Apr 3, 2014 3:21pm | Edited 3:37pm
Quoting ralf86
I think i found a nice one. 1h-4h-daily over 55RSI. Since there is no retracement on 1h, i moved down to 15m and found retracement crossed. RRR 3:1 What do you think? {image} {image} {image}

your charts are a bit confusing.
your charts are out of order and I and not sure about the extra EMAs on the charts
also what is the 4 hour doing?
and with NPF tomorrow it might be fun
I think your SL is to small
remember its still an hour trade even if you enter on the 15 min chart

I like a longer trade
Attached Image (click to enlarge)
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  • #104
  • Edited 4:08pm Apr 3, 2014 3:50pm | Edited 4:08pm
guys I have seen thread after thread die on FF
because people add this and that and in a few week its not the same thread

Can we only have 5 &12 EMAs and 20 RSI on our charts
no other tools, indicators and oscillators.
SDZ, trend lines and support and resistance are ok
and also normal candles- no RSI Candles or trading bars.
Lets all do the same thing and its easier for us all to see and understand
anyone posting anything else will be band its the only way.

thanks guys
  • #105
  • Apr 3, 2014 5:46pm Apr 3, 2014 5:46pm
Quoting TEB63
{quote}I think your SL is to small remember its still an hour trade even if you enter on the 15 min chart I like a longer trade {image}
Youre right. I entered from 15m but as it still 1h trade i should put my targets from 1h. thank you
  • #106
  • Apr 3, 2014 5:47pm Apr 3, 2014 5:47pm
Quoting TEB63
guys I have seen thread after thread die on FF because people add this and that and in a few week its not the same thread Can we only have 5 &12 EMAs and 20 RSI on our charts no other tools, indicators and oscillators. SDZ, trend lines and support and resistance are ok and also normal candles- no RSI Candles or trading bars. Lets all do the same thing and its easier for us all to see and understand anyone posting anything else will be band its the only way. thanks guys
Sorry, ill reorganize my template to your style. The aditional emas had nothing to do with this system. I only have them there to check other stuff.
Again, ill re-configure the template so it fits yours.

C ya tomorrow
  • #107
  • Apr 3, 2014 7:44pm Apr 3, 2014 7:44pm
thr night
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  • #108
  • Apr 3, 2014 9:10pm Apr 3, 2014 9:10pm
USD/CHF on the watch list.


Attached Image (click to enlarge)
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Good Trading
  • #109
  • Apr 3, 2014 9:53pm Apr 3, 2014 9:53pm
yea, thank you so much man
  • #110
  • Apr 3, 2014 11:14pm Apr 3, 2014 11:14pm
hi friends, I am new to this thread and try to understand this system,
I have some question to clear my confusion
1: in GBPJPY 15 min and 1 hour show rsi under 45 approx. but in 4 hour and daily shows rsi above 55, so I want to know if we get short signal 1 hr tf can I take it from 15 min or I have to wait for 4hr,daily to coming rsi under 45 ????

2: if rsi come above 55 in 1 hr and 15 min then can I take long entry ??? because 4hr and daily already in long in rsi ?????

waiting for answers

sorry for my bad English

I like this system and try to understand it properly

thanks all
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  • #111
  • Edited 11:57pm Apr 3, 2014 11:27pm | Edited 11:57pm
This is a trend following system, after a pullback.

Your Q 1. From Teb's first post, "Entry 1. Trade is in line with Big Trend on the Four hour & Day (Big Picture)"

Your Q 2. Yes after a pullback and crossing of the 2 MA if the H4 and D1 stay above RSI reading of 55.

HTH
Good Trading
  • #112
  • Apr 4, 2014 12:37am Apr 4, 2014 12:37am
Quoting aud
This is a trend following system, after a pullback. Your Q 1. From Teb's first post, "Entry 1. Trade is in line with Big Trend on the Four hour & Day (Big Picture)" Your Q 2. Yes after a pullback and crossing of the 2 MA if the H4 and D1 stay above RSI reading of 55. HTH
thank you for your reply, I think I am going right
  • #113
  • Edited 3:57am Apr 4, 2014 3:16am | Edited 3:57am
Quoting bappafx
hi friends, I am new to this thread and try to understand this system, I have some question to clear my confusion 1: in GBPJPY 15 min and 1 hour show rsi under 45 approx. but in 4 hour and daily shows rsi above 55, so I want to know if we get short signal 1 hr tf can I take it from 15 min or I have to wait for 4hr,daily to coming rsi under 45 ???? 2: if rsi come above 55 in 1 hr and 15 min then can I take long entry ??? because 4hr and daily already in long in rsi ????? waiting for answers sorry for my bad English I like this system and try to understand...


Ok The system is really day, 4 hour and Hour - it work on those three charts and we think about these 3 charts.

15 minute chart
the 15 minute chart really is more of an advances version - you do not need it for the system.
(i) Its an add on.
(ii) Its always an after thought.
(iii) If you have a strong trend on the main 3 charts and you missed an entry on the hour.
Then and only then do you look do you look for a re-entry on the hour by looking for a signal on the 15 min.
(iv) An hour entry will always be safer in win rate - the 15 minute entry will always risk less money.

In fact the real trading chart is always the hour.
Weather the entry is on the hour chart or the 15 minute charts.
I hope that helps
  • #114
  • Apr 4, 2014 3:21am Apr 4, 2014 3:21am
Quoting aud
USD/CHF on the watch list. {image}
yep this looks really good
I would be watching the 15 minute chart
I think you may get an enter after the NFP on this.

Two things
1. Remember its NFP today
2. Think about do you want to told a new trade over the weekend.
Oanda spreads get crazy over the weekend and will take out stop's esp things like gbpnzd

I would dump a lot of trades on Friday before noon. esp. any that are not from the my Gold list
and so I would not put on a lot of trades on a Friday. esp if they are not from my Gold list - (your here is by the way)
  • #115
  • Apr 4, 2014 3:27am Apr 4, 2014 3:27am
Quoting TEB63
{quote} Ok The system is really day, 4 hour and Hour - it work on those three charts and we think about these 3 charts. 15 minute chart the 15 minute chart really is more of an advances version - you do not need it for the system. (i) Its an add on. (ii) Its always an after thought. (iii) If you have a strong trend on the main 3 charts and you missed an entry on the hour. Then and only then do you look do you look for a re-entry on the hour by looking for a signal on the 15 min. (iv) An hour entry will always be safer in win rate - the 15 minute...
But what if i have RSI up on all but there was still no ema retracement? Can i go to 15m to wait for a 15m ema retracement and enter from there?
  • #116
  • Edited 3:57am Apr 4, 2014 3:34am | Edited 3:57am
Quoting ralf86
{quote} But what if i have RSI up on all but there was still no ema retracement? Can i go to 15m to wait for a 15m ema retracement and enter from there?
Yes for sure that is the point of the 15 min.
All I am saying is think of it an a re-entry on the hour rather then an entry on the 15 minute.
Then your stops and target will be based on an hour chart rather then 15 minutes chart.
  • #117
  • Apr 4, 2014 3:34am Apr 4, 2014 3:34am
Quoting TEB63
guys I have seen thread after thread die on FF because people add this and that and in a few week its not the same thread Can we only have 5 &12 EMAs and 20 RSI on our charts no other tools, indicators and oscillators. SDZ, trend lines and support and resistance are ok and also normal candles- no RSI Candles or trading bars. Lets all do the same thing and its easier for us all to see and understand anyone posting anything else will be band its the only way. thanks guys
Guys you should use this template so it looks like tebs. Its also better to avoid confusion as he said.
Attached File(s)
File Type: tpl teb.tpl   1 KB | 628 downloads
  • #118
  • Apr 4, 2014 3:37am Apr 4, 2014 3:37am
Quoting TEB63
{quote} yes for sure that is the point of the 15 min. All I am saying is think of it an a re-entry on the hour rather then an entry on the 15 minute. then your stops and target will be based on hour rather then 15 mnites
Yes, then i switch to hourly as its an 1h trade. But as it takes longer for 1h candles to go down (retracement) and go up again so we have ema cross&enter; i just wait for that process on 15m.
But then i look at higher timeframes for targets.

  • #119
  • Apr 4, 2014 3:42am Apr 4, 2014 3:42am
Quoting ralf86
{quote} Yes, then i switch to hourly as its an 1h trade. But as it takes longer for 1h candles to go down (retracement) and go up again so we have ema cross&enter; i just wait for that process on 15m. But then i look at higher timeframes for targets.

Yes I think you got - but just to be clear for others
There would have to be a full enter signal on the hour already!
That would be ...
Both the 20 RSI and the 5/12 cross in place . - not just the RSI cross like in the 4 hour and day.
Then and only then do we drill down to the 15 minute chart and look for an entry - which is really a secondary entry on the hour.
  • #120
  • Apr 4, 2014 3:43am Apr 4, 2014 3:43am
Quoting TEB63
{quote} Ok The system is really day, 4 hour and Hour - it work on those three charts and we think about these 3 charts. 15 minute chart the 15 minute chart really is more of an advances version - you do not need it for the system. (i) Its an add on. (ii) Its always an after thought. (iii) If you have a strong trend on the main 3 charts and you missed an entry on the hour. Then and only then do you look do you look for a re-entry on the hour by looking for a signal on the 15 min. (iv) An hour entry will always be safer in win rate - the 15 minute...
yes its help me to more clear to understand this system and I also re read many times your 1st post to understand it clearly
and thank you so much for your info
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