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

  • #221
  • Apr 11, 2014 1:17am Apr 11, 2014 1:17am
Quoting TEB63
does anyone else have any other new questions?
Sorry, I remembered a comment that "we don't trade crossovers, we trade trend resumptions after a pullback" but that statement was made by Felicia in her "Cornflower" thread, very similar idea but your charts are cleaner IMO.
  • #222
  • Apr 11, 2014 1:51am Apr 11, 2014 1:51am
Hi Tebs, I lost your PDF on candle
partterns. Can you pls send me the link so that i can dow load it again
  • #223
  • Apr 11, 2014 2:20am Apr 11, 2014 2:20am
Watch list EU and UC
  • #224
  • Apr 11, 2014 3:40pm Apr 11, 2014 3:40pm
Hard week for this system
1 winner - 112
3 loser - 23, 45 & 33 total 101
2 trades closed down 34 & 37 total 71 pips

total for the week 82 pips for the week

I messed up on the audusd start of the week
got in to soon and missed the right entry
cost me 23 pips and I lost out on about 120 pips
  • #225
  • Apr 12, 2014 9:13am Apr 12, 2014 9:13am
Quoting TEB63
Hard week for this system 1 winner - 112 3 loser - 23, 45 & 33 total 101 2 trades closed down 34 & 37 total 71 pips total for the week 82 pips for the week I messed up on the audusd start of the week got in to soon and missed the right entry cost me 23 pips and I lost out on about 120 pips
Keep it up
Best wishes
It must come from a need!
  • #226
  • Apr 14, 2014 3:55am Apr 14, 2014 3:55am
Monday 1st trade
Attached Image (click to enlarge)
Click to Enlarge Name: monday 1.PNG Size: 157 KB
  • #227
  • Apr 14, 2014 3:59am Apr 14, 2014 3:59am
Quoting TEB63
Monday 1st trade {image}
Hey Teb,

I am in that trade from last week (Currently +47)!

Regards!
  • #228
  • Apr 14, 2014 5:49am Apr 14, 2014 5:49am
Quoting TEB63
Monday 1st trade {image}
Nice one, i missed it. Ill wait for the possible 2nd 15min restest.
  • #229
  • Apr 14, 2014 6:03am Apr 14, 2014 6:03am
LO
Attached Image (click to enlarge)
Click to Enlarge Name: mondy 2.PNG Size: 149 KB
  • #230
  • Apr 14, 2014 10:51am Apr 14, 2014 10:51am
73 pips
Attached Image (click to enlarge)
Click to Enlarge Name: monday hit.PNG Size: 34 KB
  • #231
  • Apr 14, 2014 12:21pm Apr 14, 2014 12:21pm
Quoting TEB63
73 pips {image}
Using just 1Hr entry this wasn't valid, right?

I'm trying to see the logic but the only MA cross i can see on 1H chart is invalidated because of RSI on chopping zone

Am I missing something?

Great trade BTW
  • #232
  • Apr 14, 2014 12:25pm Apr 14, 2014 12:25pm
Quoting lucariga
{quote} If we just use 1Hr entry this wasn't valid, right? I'm trying to see the logic but the only cross i see on 1H chart is invalidated because of RSI on chopping zone Am I missing something? Great trade BTW

why?
in fact I missed the hour entry
and I dropped down to the 15 min
and got in
  • #233
  • Apr 14, 2014 12:31pm Apr 14, 2014 12:31pm
Quoting TEB63
{quote} why? in fact I missed the hour entry and I dropped down to the 15 min and got in
When you said on the rules:
If you "miss an entry on 1HR" you can switch down to the 15 min, I thought you were referring to a "missed VALID entry" beacuse of, for example, you aren't at the screen at that time....

So just to resume:

If we have an invalid entry on 1 Hr we can switch down to 15 min cart to look for a valid entry. Right?
  • #234
  • Apr 14, 2014 1:35pm Apr 14, 2014 1:35pm
Quoting lucariga
{quote} When you said on the rules: If you "miss an entry on 1HR" you can switch down to the 15 min, I thought you were referring to a "missed VALID entry" beacuse of, for example, you aren't at the screen at that time.... So just to resume: If we have an invalid entry on 1 Hr we can switch down to 15 min cart to look for a valid entry. Right?

No not at all !!
never see yourself trading on the 15 min charts
only the hour charts.

So the trade on the 15 min charts has to be in effect on the hour chart 1st.
but it was missed

so it has to be valid.
  • #235
  • Apr 14, 2014 2:09pm Apr 14, 2014 2:09pm
Quoting TEB63
{quote} No not at all !! never see yourself trading on the 15 min charts only the hour charts. So the trade on the 15 min charts has to be in effect on the hour chart 1st. but it was missed so it has to be valid.
What do you mean for "valid" on 1H?

Can you post an hourly chart highlighting the 1Hr candle from wich you did look for a 15 min entry?

Sorry for questions but I wanna make sure to understand correctly cause I like your system so much.

Thanks in advance TEB
  • #236
  • Apr 14, 2014 2:27pm Apr 14, 2014 2:27pm
Quoting lucariga
{quote} What do you mean for "valid" on 1H? Can you post an hourly chart highlighting the 1Hr candle from wich you did look for a 15 min entry? Sorry for questions but I wanna make sure to understand correctly cause I like your system so much. Thanks in advance TEB
the hour has to be in trade but the trade was/is missed
so we want a good entry so we drop down to the 15 min
but we are still trading on the hour

also the stop loss from the hour would be very big which in this case might have been ok because we have a very generous
bigger target on the day chart
I took a smaller/ safer target off the hour
Attached Image (click to enlarge)
Click to Enlarge Name: hour is good move to 15 mins.PNG Size: 102 KB
  • #237
  • Apr 14, 2014 2:49pm Apr 14, 2014 2:49pm
here is a better one from a trade from before
Attached Image (click to enlarge)
Click to Enlarge Name: better set up ooo.PNG Size: 123 KB
  • #238
  • Apr 14, 2014 3:16pm Apr 14, 2014 3:16pm
Hmmmm so i just learned something new now. I didnt know that the EMA retracement in 1h could have happened BEFORE than the RSI`s under 45.
As i see in first example, there was an EMA retracement on 1h and after that the 1h RSI also went under 45. I thought i ahve to look for the RSI`s first and then wait for retracement after that...
  • #239
  • Apr 14, 2014 6:33pm Apr 14, 2014 6:33pm
Quoting ralf86
Hmmmm so i just learned something new now. I didnt know that the EMA retracement in 1h could have happened BEFORE than the RSI`s under 45. As i see in first example, there was an EMA retracement on 1h and after that the 1h RSI also went under 45. I thought i ahve to look for the RSI`s first and then wait for retracement after that...


it doesn't really matter .
But be careful that the two are not to far away,
its safer that the RSI crosses 1st - remember its the long term
  • #240
  • Apr 14, 2014 6:57pm Apr 14, 2014 6:57pm
Understood. Thank you TEB
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