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TEB: Daily Strength/Weakness Trading

  • #601
  • May 27, 2015 4:37pm May 27, 2015 4:37pm
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  • #602
  • May 27, 2015 8:54pm May 27, 2015 8:54pm
Quoting TEB63
{image}
Thank you, how u calculate the strenght?
  • #603
  • May 29, 2015 6:15am May 29, 2015 6:15am
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  • #604
  • May 30, 2015 4:09pm May 30, 2015 4:09pm
been very close this week - like paint drying
lol
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  • #605
  • May 30, 2015 10:29pm May 30, 2015 10:29pm
....Another great system TEB, will take to read the hole tread, but I will, thanks again....
The Chonchy
  • #606
  • Jun 1, 2015 5:27pm Jun 1, 2015 5:27pm
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  • #607
  • Jun 3, 2015 6:48am Jun 3, 2015 6:48am
chop city
USD profit taking
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  • #608
  • Edited 5:12pm Jun 3, 2015 3:35pm | Edited 5:12pm
Ok I will make it simpler for you just trade red vs Green

have a good MM so RRR of 3 to 1

it will win more then 70% of the time at 3 to 1 RRR
Drop the RRR and it will win like 80%

But you need to wait for a good retracement
and have a good entry and a good stop
and trade when the big boys are playing
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  • #609
  • Jun 3, 2015 4:04pm Jun 3, 2015 4:04pm
Quoting TEB63
Ok I will make it simpler for you just trade red vs Green {image}
Thank you, Hey Teb how u detect that? I read a file about u check for example EUR USD, and then GBPUSD and EURGBP with the 50sma and check what pair its more stronger, but how u make that table for see that? Thank you!
  • #610
  • Jun 3, 2015 5:06pm Jun 3, 2015 5:06pm
Quoting Contrax
{quote} Thank you, Hey Teb how u detect that? I read a file about u check for example EUR USD, and then GBPUSD and EURGBP with the 50sma and check what pair its more stronger, but how u make that table for see that? Thank you!
Sure that is not a bad way to start
it will give you a good sense of the market
with a good entry and good MM it will win

good luck
  • #611
  • Jun 4, 2015 4:11am Jun 4, 2015 4:11am
Quoting TEB63
chop city USD profit taking {image}
Hi Teb, can you tell me where i can find the strength/ weakness indicator please.
  • #612
  • Jun 5, 2015 1:28pm Jun 5, 2015 1:28pm
done for the week !!
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  • #613
  • Jun 6, 2015 12:03am Jun 6, 2015 12:03am
you are one the best trader. I was in the same trade. but stopped out and then market fall. Still learning from you. Thanks for the Great forum.
  • #614
  • Jun 11, 2015 4:24am Jun 11, 2015 4:24am
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  • #615
  • Edited 5:09pm Jun 21, 2015 4:53pm | Edited 5:09pm
thin market
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  • #616
  • Jun 21, 2015 5:46pm Jun 21, 2015 5:46pm
Quoting Nepllica
you are one the best trader. I was in the same trade. but stopped out and then market fall. Still learning from you. Thanks for the Great forum.
.....it must feel good to heard things like this, good work TEB.....
The Chonchy
  • #617
  • Jun 29, 2015 4:12am Jun 29, 2015 4:12am
Quoting TEB63
Ok I will make it simpler for you just trade red vs Green have a good MM so RRR of 3 to 1 it will win more then 70% of the time at 3 to 1 RRR Drop the RRR and it will win like 80% But you need to wait for a good retracement and have a good entry and a good stop and trade when the big boys are playing {image}
Can you elaborate on how you would determine a good retracement, what must it have for you to take an entry there ?
thx
  • #618
  • Jul 6, 2015 7:26am Jul 6, 2015 7:26am
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  • #619
  • Jul 6, 2015 11:46pm Jul 6, 2015 11:46pm
Has anyone figured out how Teb analyse currency strenght ? I use few indicator but doesn't come close to that.
  • #620
  • Jul 8, 2015 5:44am Jul 8, 2015 5:44am
love it when a plan comes together - been a great week - looks like the aus maybe the next victume
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