TEB: Daily Strength/Weakness Trading

TEB : Strength / Weakness Trading

Trade the strongest vs weakest

weekend study Dec. 7, 2013
After NFP is always the monthly reset button. We will see changes coming Monday. Might be safe to wait until Tuesday to trade.

This pair can run a long way to the north
may look at some shorter time frame on this this morning - 15 or 5 min. lets watch

managing trades
1st two are from the hour they are free trades
The third one is form the 5 min chart

the 5 min trade hit
the 2 hour trades are free trades

the two hour trades - are safe trades as I had moved the SL before

Monday at 7pm

I'm a great fan of strength/weakness trading. Got GJ going...366pips so far...

no trades today I think market is turning
trades from yesterday stopped out for small wins.

Wed 5am - we may see the new trend after NFP

UsdChf at key level
EurUsd has already broke
My LO on the EurUsd was not hit

this set up a bit slow today

Hi Teb, In relation to your last chart, and the extremes marked as key levels, is this because of the increase in volume at these extremes?

Also in relation to the low missed on the E/U and you entry line (yellow dotted) on the U/C, are these drawn at 50% of the last swing to the key level?

Looks good, will follow and see how you are doing mate.

I am watching too. Thanks for that. Do you trade XAU ?

Thursday update
great trend on the 4 hour

Mid Morning up date
moves stops to BE and I will let there trades run.

I am doing at 4 hours as its Friday
yesterdays trades
AudNzd hit SL for small wins
AudCad was with in 2 pips of 1st target closed both

looking at new pairs today

nothing triggered closing of LO for the weekend

weekend study
I have added move Potential for each currency its looking at major S/D and S/R on the cross currencies