image candle formation!! is worth a look! its the big big tail!! buts a funny time of the day

TEB sytstem

the 4 hour chart is the main chart I use The day I use just to keep out of problems I do trade when the day is not in agreementwith the other 2 if it all looks good "?" its a high win with or with out the day chart just higher with the day chart but ...

TEB sytstem

it just has a slow stoch on each time frame they are all set at 5.3,3 it is very simple I think that is what you want?

TEB sytstem

Go back to the start of this Thread I believe that is what you are looking for

TEB sytstem

` Think the other way look for a pair where the 4 hour & the day are moving right for you. then do the 30 min stoch- screen your trades! don't get tied to one pair! But - just do one or 2 pairs a day you don't need to make a lot of trades in a day ...

TEB sytstem

Maybe but it is late in the trading day in Europe- japan has a holiday & price has fallen alot on the 4 hour chart & I still think its ugle - & I have no idea where it is going I closed out the E/U trade i had a few mins ago with 18 pips & I am gone ...

TEB sytstem

both ways win!!

TEB sytstem

what charting system are you using? what I do is use one chart & move the time frames I put a line on it to show me where it is on that time frame & them move down to the the 30 min chart the two lines you see on my charts are - the big one is from ...

TEB sytstem

Okay : you are right - but we are in news time now- a little rule change News in the long run - 9 out of 10 times has no long term effect on the market - only interst rate stuff does- really so what I do is I take the 4 hour stoch back to ...

TEB sytstem

you are right I mean & did sell sorry where did I say to buy? I will change it? I am up 6 pips sorry 7 but it is ugly that is why Eyes in the sky are good

TEB sytstem

Again for sure! remember, that what we are really trading is on 4 hour chart- that is the "trending chart" that is why the system is so strong. the 30 min chart just gives you better enter & exit points! So what you are doing sounds great keep ...

TEB sytstem

for sure- esp. in normal space & time But what we are really trading now is the after math of the news so it changes the rules a little

TEB sytstem

notice the long tail on the 30 min candle on the EUR/USD! And the stoch!

TEB sytstem

sure you can - but if you want for the 30 min stoch to line up 4 out 5 times you will still get a better point to enter

TEB sytstem

I tried it- it works good but I found it is still not as good as doing by hand

TEB sytstem

You can go in likely The 30min stoch is just give you a better enter sign - that is all I have found anything less then 30mins is just to wild

TEB sytstem

I don't really think it matters as long as you do the same each time, you might get a little diff signs then I do but it will all work out.

TEB sytstem

Big news out from the US in 30mins And I am not trading news at this time so I will be back at later PIP PIP

TEB sytstem

Stoch setting is right I use candles as well of coarse You may want the day chart as well you can do it with use the two but its a lot safer with the 3 the day chart is the "covering chart" keeps you safe from DIVERGANCE!! The 4 hour chart is "the ...

TEB sytstem

I have been doing this for awail so sometimes I go in early. I did here on the EJ I am now up 11 pips if you waited till the candle closed you would be up 6 pips. But until you get a feel for the TEB system I would say wait till the candle closes ...

TEB sytstem