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TEB63 replied Mar 25, 2007yes but the 30min stuff is going against you? it maybe the worse time to get in? if the 4 hour stoch is going the right way it is only a matter of time till the 30min stoch will follow suite & it will be a better price likely

TEB sytstem
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TEB63 replied Mar 25, 2007short? candle formationis is long strong! and you are a long way from the 50ema?
and it looks like your 30 min stoch is about to turn up. it might be good to put on the 20% 50 % and 80% lines on our stoch its just easier for you to see what is ...TEB sytstem
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TEB63 replied Mar 25, 2007or like in this case breaking through the 50ema -(in this case up ) better if it is below- better still if it was way way below the big thing you don't want the price on the right ride of the 50ema at the start of the candle! you esp. don't want ...
TEB sytstem
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TEB63 replied Mar 25, 2007image usdcad 30mins great set up from friday of coarse its easy to find it on a past chart

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TEB63 replied Mar 25, 2007image big red line is day the stoch thin red line is the 4 hour arrow is the 30 min stoch red ema is 50 I wouldn't take this trade
it still might still be a winner? but I would wait untill the 30 min stoch comes around again the reason is price ...TEB sytstem
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TEB63 replied Mar 25, 2007hi Blance if the 4 hour has crossed I am looking for a reason to get in! but!!!` 2 thing 1st. It is always safer to wait for the 30 mins stoch to come a round a 2nd time 2nd. you might well miss a lot of the pip move if you wait till it comes around ...
TEB sytstem
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TEB63 replied Mar 25, 2007of coarse you are right I was just wondering what people think

TEB sytstem
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TEB63 replied Mar 25, 2007image Eur/Usd 30min red lines are 4 hour channel black lines 30 channel chech marks are where the price is in the channels Where do you think price is going? stoch is down on the day so it will go down sooner or later! But the 4 hour stoch is up ...
TEB sytstem
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TEB63 replied Mar 25, 2007I understand I think - but you want the stoch coming out of the 20% 80% ranges not the 50% except in a very strong trends To have to have the 30 min & 4 hour & the day all moving through the 50% I think you will lose a lot of trades changes - & may ...
TEB sytstem
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TEB63 replied Mar 23, 2007Yes you are right- other then around news times which has nothing to do with this system I never use 15 in real trading. - I have tried it in demo with 4 hour 1 hore & 15mins in this system but not in live trading !

TEB sytstem
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TEB63 replied Mar 23, 2007Basically: but I look at the candles as well as formations & price has to be on the wronge side of the 50 ema or have made a very strong move back its way & reversed again The other thread is just 3 stochs & its rules a little earier & clearer

TEB simple system
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TEB63 replied Mar 23, 2007I never tried it I have tried 4 hour,1 hour & 15mins the 30 min & 1 hour maybe to close But give it a try - demo account of coarse & let us know

TEB sytstem
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TEB63 replied Mar 23, 2007sure it you like or wait till the 4 hour stoch crosses against you !

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TEB63 replied Mar 23, 2007you know this is such a wild pair & this is a wild chart! and its friday .. I don't personally think I would do any thing. But its also one of the pairs I rarely trade. good luck

TEB sytstem
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TEB63 replied Mar 23, 2007image 30 min Eur/Usd There may be a chance to get back into the Eur/usd wait for price to come back down & test the 30min Channel line ( the hand) if it does & bounces & the 30 min stoch turns up
But remember its friday so be very very careful ...TEB sytstem
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TEB63 replied Mar 23, 2007a good start http://www.daytradersbulletin.com/html/cs1.html http://www.tradingeducation.com/candlestick_tutorial.asp
TEB sytstem
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TEB63 replied Mar 23, 2007That is what I have - & its under its 30min/1 hour channel bottom. but its got big down tails!!! If it breaks back over the channel it might be fun if it stay under - I think its a no trade day & I don't see anything anywhere?
but the Us open is a ...TEB sytstem