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Extreme TMA System

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  • Post# 11,801
  • Quote
  • Jul 6, 2012 6:30am
  • grechmar
    Joined Feb 2012 | 185 Posts | Status: Member
Quoting tp0440
For me, it's a mixture of fundamental and technical reasons:
- drop of interest rate means more moeny. More money means it's worth less
- good US data
- h4 and h1 targets were not yet reached on TMA
- price was bellow h4 itchi and touched it. Actaully good reason to (re)enter at the time mild trend - down
- MACD down
- Stoch down
- Confluence between different time frames
- Confluence between pairs
- etc.

Perhaps not the clearest of signals, but plenty of reason for being bearish.

BR
That is true, however the move was due to news not technicals. It could easily have worked the other way round and one could justify such an opposite move(just depends on hindsight). Furthermore, According to the TMA rules that was an invalid entry, unless entering on basis of the news alone which has nothing to do with TMA.
  • Post# 11,802
  • Quote
  • Jul 6, 2012 7:34am
  • Bogdan G
    Joined Mar 2012 | 7 Posts | Status: Member
Quoting grechmar
That is true, however the move was due to news not technicals. It could easily have worked the other way round and one could justify such an opposite move(just depends on hindsight). Furthermore, According to the TMA rules that was an invalid entry, unless entering on basis of the news alone which has nothing to do with TMA.
You are very right in everything you said. Invalid TMA entry.
  • Post# 11,803
  • Quote
  • Jul 6, 2012 9:21am
  • khai223
    Joined Dec 2009 | 1 Post | Status: Member
Quoting grechmar
That is true, however the move was due to news not technicals. It could easily have worked the other way round and one could justify such an opposite move(just depends on hindsight). Furthermore, According to the TMA rules that was an invalid entry, unless entering on basis of the news alone which has nothing to do with TMA.
Can you give reasons as to why according to the TMA rules it is an invalid entry? I'm sorry for asking this but I'm still new to this TMA method..Hope you can clarify to me this problem..
  • Post# 11,804
  • Quote
  • Jul 6, 2012 9:45am
  • tp0440
    Joined Aug 2010 | 323 Posts | Status: Member
Quoting grechmar
That is true, however the move was due to news not technicals. It could easily have worked the other way round and one could justify such an opposite move(just depends on hindsight). Furthermore, According to the TMA rules that was an invalid entry, unless entering on basis of the news alone which has nothing to do with TMA.
You don't get the point. This was continuation, mainly of h4 move that started on Sunday evening or Monday morning. News only added to the technicals.


BR
  • Post# 11,805
  • Quote
  • Jul 6, 2012 11:15am
  • Mr C
    Joined Mar 2012 | 410 Posts | Status: Knowledge is "potential" power
Quoting Mr C
People say you can’t make money with “forex” only $397.00



PCAttachment 994935

I did not think before posting, that’s the reason for my edit I removed the links when I realized it was being taken seriously, use the tma bands and this range indicator and you will have what I believe is better than in the post and it’s free.
PC, Goofy sucker #2

I hope this also answers the pm’s I received again sorry.
Attached File
File Type: mq4 _ RANGE_TRADER_9.09 Labais53.mq4   20 KB | 282 downloads
Of all the things I've lost I miss my mind the most .
  • Post# 11,806
  • Quote
  • Jul 6, 2012 3:55pm | Edited at 5:10pm
  • Mr C
    Joined Mar 2012 | 410 Posts | Status: Knowledge is "potential" power
Attached Image (click to enlarge)
Click to Enlarge

Name: nl_nrp_ma.png
Size: 75 KB
.

Attached File
File Type: mq4 nonlagma nrp.mq4   11 KB | 235 downloads
Of all the things I've lost I miss my mind the most .
  • Post# 11,807
  • Quote
  • Jul 6, 2012 4:41pm
  • Goldmans_Sak
    Joined Jul 2012 | 2 Posts | Status: Member
Quoting scott-ibm
Dear Aren :

thank you for your kindly sharing indic of RK_RSI_EMA,

I install it OK, and found a interesting arrow, some are Red, the other is blue, it look like showing the swing high, and swing low,

attached pic , GBP, AUD, you can see ~

the problem is, sometime accurate, sometime not fit,

Does it need to tune, adjust those parameter inside ??


thanks a lots~

SCOTT-ibm
~~~~~~~~~~~~

Hi Scott, do you mind sharing what indicators you used in you 1st chart?
I like that blue and red trend filter and the yellow channel.

thanks
  • Post# 11,808
  • Quote
  • Jul 7, 2012 4:13am | Edited at 5:11am
  • bassramy
    Joined Apr 2011 | 1,254 Posts | Status: I will not Rest, Until I am.
[ /QUOTES = EU was settled in the middle of 1hr channel... Why were you short on eu?
-Yes, why were you short?
-That is true, however the move was due to news not technicals. It could easily have worked the other way round and one could justify such an opposite move(just depends on hindsight). Furthermore, According to the TMA rules that was an invalid entry, unless entering on basis of the news alone which has nothing to do with TMA.]
Quoting Bogdan G
You are very right in everything you said. Invalid TMA entry.


I'm sorry SIR but don't you think that you're a little bit of hurry to judge that this is not a valid TMA entry, how do you consider yourself an expert in this system after only 4 posts including this one.

Watch and learn how to be profitable in this system.

Fundamentals :
1-The market been screaming all week in my Ramy report to short the EURO specially from Tuesday and up when everybody predicted an ECB rate cut and a BOE Assets purchase ( don't Believe me, look back at my reports and see), that alone put the sentiment of the markets in a bearish conditions for the EURO and bullish for the GBP yet nothing is confirmed, right ? ( its like we said zillion times trust nobody but yourself, your analysis, your charts.)

Technicals :
-What's our charts is trying to tell us ?

Euro PA hit our H4 upper band and retraced back down (THAT ALONE SHOULD BE YOUR SOLID BEARISH SIGNAL) that if you believe in this system and have the confidence to trade it.
Yet i didn't short @ the cross of the PA for the 2 H1 and H4 down i should have done this @ the cross down immediately but being a defensive trader i waited the confirmation that came from :

1-Bearish Divergence of the Trix @ the top of the 2 Bands and the cross of the short term down the long term.
2-Waited for the PA to cross down the coral and the retest of it.
3-slope crossed the 0 line down and NOT RANGING (that's extra confirmation.)
4-This signal coincide in the middle of the H1 TMA but who cares,(i was looking @ the coral cross and retest even if its in the middle of the TMA) we know that the trend is bearish so PA should go south and don't forget that the price is coming down from the upper H1 band and didn't hit the lower band yet.
5-I was well aware of the risk events, i look @ the calendar every time i plan to take a trade, like you look @ your right and left before you cross the road, i set my stop @ the swing high and my limit order @ the H4 lower band level and what i believed be the support.

This example is the absolute combination of the Fundamentals and the Technicals.

Finally i don't advise anybody to trade before the news specially newbies, always step aside when major news is scheduled to be released, i took a calculated risk and it was a personal choice.

The main word here is BELIEVE = To have faith, CONFIDENCE, or trust, To have CONFIDENCE in the truth or value of something.

With all respect,
Best Regards.
B.R.
Attached Images (click to enlarge)
Click to Enlarge

Name: eu h1.gif
Size: 42 KB Click to Enlarge

Name: eu h1chart2.gif
Size: 10 KB
Master Your Setup, Master Your self. (NQoos)
  • Post# 11,809
  • Quote
  • Jul 7, 2012 9:51am
  • tomthepoppop
    Joined May 2011 | 152 Posts | Status: Man! It's a Great Life
scott-ibm Please see private message.

tom
  • Post# 11,810
  • Quote
  • Jul 7, 2012 4:18pm
  • scott-ibm
    Joined Feb 2012 | 138 Posts | Status: Member
Quoting Goldmans_Sak
Hi Scott, do you mind sharing what indicators you used in you 1st chart?
I like that blue and red trend filter and the yellow channel.

thanks
~~~~~~~~~
which post # , I post it ??

SCOTT C.
  • Post# 11,811
  • Quote
  • Jul 7, 2012 4:19pm
  • scott-ibm
    Joined Feb 2012 | 138 Posts | Status: Member
Quoting tomthepoppop
scott-ibm Please see private message.

tom
~~~~~~~~

Tom :

message to you ~

SCOTT
  • Post# 11,812
  • Quote
  • Jul 7, 2012 6:50pm
  • harvman5
    Joined Feb 2012 | 36 Posts | Status: Member
I found this indicator on the web. It is related to Nanningbob's 10.2 system & thought it might be of some use to us. Just change the eint period to 56 & the other settings to .25 & -.25 per the rules.

Since it doesn't retrace I have been using it for backtesting today. From backtesting I might change may own settings to .40 & -.40 but limit my trades to the prevailing trend as determined by the 100 SMA. Another thing I noticed from studying this indicator is that if the slope is between .1 & -.1 (low end of ranging) but slope change is wrong you should probably just take the trade if your other indicators agree. I trade the m15 charts but use the h4 do determine trade direction.

Does anyone still use the Extreme Spike indicator? I know it repaints but it seems to an excellent indicator when used with the TMA lines, slope indicator, & THV trix.

I am still a newbie at trading but am learning quickly thanks to this forum's experienced traders & excellent systems such as this.
Attached File
File Type: ex4 10.2 TMA slope true 4.30.ex4   10 KB | 251 downloads
  • Post# 11,813
  • Quote
  • Jul 7, 2012 8:52pm
  • billv
    Joined Dec 2011 | 712 Posts | Status: Member
Quoting bassramy
1-Bearish Divergence of the Trix @ the top of the 2 Bands and the cross of the short term down the long term.
2-Waited for the PA to cross down the coral and the retest of it.
3-slope crossed the 0 line down and NOT RANGING (that's extra confirmation.)
4-This signal coincide in the middle of the H1 TMA but who cares,(i was looking @ the coral cross and retest even if its in the middle of the TMA) we know that the trend is bearish so PA should go south and don't forget that the price is coming down from the upper H1 band and...
Hi bassramy

Thank you for your example.
In the picture you've attached where would you take profit?
Did you use a particular indicator to decide when to exit the trade?

cheers
Bill
IMHO
  • Post# 11,814
  • Quote
  • Jul 7, 2012 8:58pm
  • Mr C
    Joined Mar 2012 | 410 Posts | Status: Knowledge is "potential" power
Quoting harvman5
I found this indicator on the web. It is related to Nanningbob's 10.2 system & thought it might be of some use to us. Just change the eint period to 56 & the other settings to .25 & -.25 per the rules.

Since it doesn't retrace I have been using it for backtesting today. From backtesting I might change may own settings to .40 & -.40 but limit my trades to the prevailing trend as determined by the 100 SMA. Another thing I noticed from studying this indicator is that if the slope is between .1 & -.1 (low end of ranging) but slope change is wrong...
Hi, its from zznbrm's TMA Reality Tour thread it is really based on the TMA the thread is only 4 pages and a good read you will find some other true indicators and explanation.

http://www.forexfactory.com/showthread.php?t=299019

PC,
Of all the things I've lost I miss my mind the most .
  • Post# 11,815
  • Quote
  • Jul 7, 2012 11:32pm
  • kevguy
    Joined Jan 2011 | 25 Posts | Status: Member
Quoting Mr C
Attachment 995938.

Attachment 995939


what are the settings of your non lag ma? Thanks
  • Post# 11,816
  • Quote
  • Jul 8, 2012 6:54am
  • Bogdan G
    Joined Mar 2012 | 7 Posts | Status: Member
Quoting bassramy
[ /QUOTES = EU was settled in the middle of 1hr channel... Why were you short on eu?
-Yes, why were you short?
-That is true, however the move was due to news not technicals. It could easily have worked the other way round and one could justify such an opposite move(just depends on hindsight). Furthermore, According to the TMA rules that was an invalid entry, unless entering on basis of the news alone which has nothing to do with TMA.]



I'm sorry SIR but don't you think that you're a little bit of hurry to judge that this is...
Dear Bassramy, as I said, I really appreciate the constant work you do here by posting the report and guiding other new traders.
...but please don't assume that if I only have 4-5 posts here, I am new to trading or the TMA system. Actually I read the thread from the very beginning, but I did not post. Also, I am trading the TMA system and combined with some of my personal trading, my acc is tripled since 30.04.2012 (I know it sounds too good to be true, but it's true)
Just for the record, I had 2 short positions before the news, because as you say, there was a lot of bear pressure. I'm just saying that the exact moment that we are talking about is not a valid TMA entry in MY opinion. The signal was there before the moment we are talking about.

With all respect,
Bogdan
  • Post# 11,817
  • Quote
  • Jul 8, 2012 8:37am | Edited at 8:52am
  • Mr C
    Joined Mar 2012 | 410 Posts | Status: Knowledge is "potential" power
Quoting kevguy
what are the settings of your non lag ma? Thanks
Set to current time frame length 40 price 2 & length 150 price 3.

PC

or length 55 price 2
Of all the things I've lost I miss my mind the most .
  • Post# 11,818
  • Quote
  • Jul 8, 2012 3:58pm
  • scott-ibm
    Joined Feb 2012 | 138 Posts | Status: Member
Quoting harvman5
I found this indicator on the web. It is related to Nanningbob's 10.2 system & thought it might be of some use to us. Just change the eint period to 56 & the other settings to .25 & -.25 per the rules.

Since it doesn't retrace I have been using it for backtesting today. From backtesting I might change may own settings to .40 & -.40 but limit my trades to the prevailing trend as determined by the 100 SMA. Another thing I noticed from studying this indicator is that if the slope is between .1 & -.1 (low end of ranging) but slope change is wrong...
~~~~~~~~~~~~~~~~~~~~~~~~~

Slope 1.4_NB 10.2 H1&H4 TRADE SETUPS & management ~~


SCOTT-ibm /
Attached File
File Type: pdf VERB%27S CODEX - NB 10.2 v1.5.pdf   168 KB | 360 downloads
  • Post# 11,819
  • Quote
  • Jul 9, 2012 3:16am
  • bassramy
    Joined Apr 2011 | 1,254 Posts | Status: I will not Rest, Until I am.
Quoting Bogdan G
Dear Bassramy, as I said, I really appreciate the constant work you do here by posting the report and guiding other new traders.
...but please don't assume that if I only have 4-5 posts here, I am new to trading or the TMA system. Actually I read the thread from the very beginning, but I did not post. Also, I am trading the TMA system and combined with some of my personal trading, my acc is tripled since 30.04.2012 (I know it sounds too good to be true, but it's true)
Just for the record, I had 2 short positions before the news, because as you...
No worries mate, congrats on your success keep up the good work.

Good luck.
B.R.
Master Your Setup, Master Your self. (NQoos)
  • Post# 11,820
  • Quote
  • Jul 9, 2012 3:29am
  • bassramy
    Joined Apr 2011 | 1,254 Posts | Status: I will not Rest, Until I am.
Quoting billv
Hi bassramy

Thank you for your example.
In the picture you've attached where would you take profit?
Did you use a particular indicator to decide when to exit the trade?

cheers
Bill
Taking profit is a matter of personal risk tolerance, usually if i'm not in front of my charts i set my PT @ the other side of the Band (Like the last example of the EURUSD, even thought and because of the importance of the news released last week PA went past the lower H4 band), however if i'm in front of my screen i let my profits run and trail my stops.

Regards.
B.R.
Master Your Setup, Master Your self. (NQoos)
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