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BBMA Trading 1,356 replies

my BBMA study 13 replies

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BBMA System

  • #121
  • Quote
  • Mar 12, 2025 5:53am Mar 12, 2025 5:53am
I have to ask. Is my parameters for the Bollinger Bands correct?
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  • #122
  • Quote
  • Mar 12, 2025 6:04am Mar 12, 2025 6:04am
Quoting Vikolee
{quote} E/U
Yes, we could certainly get a bigger correction, but in general EURUSD is rather bullish.

If the price closes below the mid BB on H4, a correction to the EMA50 is likely. Otherwise, I'm long in the EU for now.

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You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #123
  • Quote
  • Mar 12, 2025 6:05am Mar 12, 2025 6:05am
Quoting HazHazHaz
I have to ask. Is my parameters for the Bollinger Bands correct? {image}
Yes you can leave it by default.
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #124
  • Quote
  • Mar 12, 2025 7:26am Mar 12, 2025 7:26am
Trying this on AUDUSD. Sell. Comments appreciated.
H4 Reentry
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H1 Extreme
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M15 Extreme
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  • #125
  • Quote
  • Mar 12, 2025 8:20am Mar 12, 2025 8:20am
Quoting HazHazHaz
Trying this on AUDUSD. Sell. Comments appreciated.
Hi, I'm not trading this pair at the moment because it's not clear enough for me.

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You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #126
  • Quote
  • Mar 12, 2025 8:28am Mar 12, 2025 8:28am
Thanks, str8v4lu3. But how do I differentiate between EXTREME and a CSM? Both seem the same to me?
  • #127
  • Quote
  • Mar 12, 2025 8:42am Mar 12, 2025 8:42am
Quoting HazHazHaz
Thanks, str8v4lu3. But how do I differentiate between EXTREME and a CSM? Both seem the same to me?
In a CSM, the MA5 high or low can come out of the upper or lower BB. After the CSM comes a reentry, and in the best case, another CSM.

If you have a CSM with MA 5 outside the BB and no further momentum follows the reentry, you can assume that this was an extreme and not a CSM. Normally, this forms the MLV.
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #128
  • Quote
  • Mar 12, 2025 8:47am Mar 12, 2025 8:47am
Quoting HazHazHaz
Trying this on AUDUSD. Sell. Comments appreciated.
I hope you were out of the market before news release!!
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #129
  • Quote
  • Mar 12, 2025 9:30am Mar 12, 2025 9:30am
Quoting str8v4lu3
{quote} In a CSM, the MA5 high or low can come out of the upper or lower BB. After the CSM comes a reentry, and in the best case, another CSM. If you have a CSM with MA 5 outside the BB and no further momentum follows the reentry, you can assume that this was an extreme and not a CSM. Normally, this forms the MLV.
Oh dear, I'm still confused. Guess I need more examples.
Also, no worries, I'm only playing around in demo for now. Saw that news spike!
  • #130
  • Quote
  • Mar 12, 2025 9:50am Mar 12, 2025 9:50am
NZDCAD sell

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You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #131
  • Quote
  • Mar 12, 2025 10:17am Mar 12, 2025 10:17am
Quoting str8v4lu3
NZDCAD sell
closed in profit, no momentum to the downside....
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #132
  • Quote
  • Mar 12, 2025 10:57am Mar 12, 2025 10:57am
Quoting HazHazHaz
{quote} Oh dear, I'm still confused. Guess I need more examples. Also, no worries, I'm only playing around in demo for now. Saw that news spike!
CSM candles signal momentum. Typically, the MA5 high and low do not leave the upper or lower BB. However, if you see a CSM candle where the MA5 high or low leaves the BB, it signals that a correction or trend reversal can be expected. This CSM candle can be considered as a Extreme, especially if no further momentum follows a CSM candle.
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #133
  • Quote
  • Mar 12, 2025 11:09am Mar 12, 2025 11:09am
Quoting HazHazHaz
{quote} Oh dear, I'm still confused. Guess I need more examples. Also, no worries, I'm only playing around in demo for now. Saw that news spike!
Here you can see a CSM candle with an extreme. The MA5 high leaves the upper BB. It can now be assumed that no further momentum will follow the CSM candle. After that, the high could not be broken, and the price was unable to close above the upper BB. Now we can assume MLV.

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You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #134
  • Quote
  • Mar 13, 2025 1:53am Mar 13, 2025 1:53am
Quoting str8v4lu3
NZDCAD sell {image}
Thanks for your explanation!

I'm in NZDCAD Sell now, as per your insight. So far in profit! (but demo haha)

H4 NZDCAD
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H1 NZDCAD
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  • #135
  • Quote
  • Mar 13, 2025 3:07am Mar 13, 2025 3:07am
Quoting HazHazHaz
{quote} Thanks for your explanation! I'm in NZDCAD Sell now, as per your insight. So far in profit!
Good morning HazHazHaz,

Yes very nice sell!

Did you enter on the H1 or the M15??
The M15 chart would have been a really good entry with confirmation.

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Quoting HazHazHaz
{quote}(but demo haha)
If it works in demo, it will work with real money!


best regards
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #136
  • Quote
  • Mar 13, 2025 3:13am Mar 13, 2025 3:13am
Good morning everyone,

high impact news at

USD 13:30
EUR 18:00

GMT (+1:00)

I wish everyone a successful trading day!
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #137
  • Quote
  • Mar 13, 2025 5:06am Mar 13, 2025 5:06am
Quoting str8v4lu3
{quote} Good morning HazHazHaz, Yes very nice sell! Did you enter on the H1 or the M15?? The M15 chart would have been a really good entry with confirmation. {image} {quote} If it works in demo, it will work with real money! best regards
And TP on NZDCAD Sell!
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I have a question. Must the confirmation on the M15 (like the M15 Extreme) come AFTER the H1 signal (in this case H1 Reentry)? Kindly refer to chart above. I get confused with multi-timeframe analysis very easily eversince I started learning trading haha.
  • #138
  • Quote
  • Mar 13, 2025 5:27am Mar 13, 2025 5:27am
Quoting HazHazHaz
{quote} And TP on NZDCAD Sell!
congratulations!

Quoting HazHazHaz
{quote}I have a question. Must the confirmation on the M15 (like the M15 Extreme) come AFTER the H1 signal (in this case H1 Reentry)? Kindly refer to chart above. I get confused with multi-timeframe analysis very easily eversince I started learning trading haha.
Typically, the BBMA strategy looks like this:

for example:

REM code

H4 - Reentry (after CSD or CSM)
H1 - Extreme
M15 - MLV --> CSD --> Reentry (take the trade)

or

REE code

H4 - Reentry (after CSD or CSM)
H1 - Extreme
M15 - Extreme --> CSD --> Reentry (take the trade)

You can, of course, use more timeframes for support, but this can become very confusing.
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #139
  • Quote
  • Mar 13, 2025 6:04am Mar 13, 2025 6:04am
It's also very important to consider that you trade in line with the overall direction: MN, W1, D1.

You can also trade countertrends, but it has to make sense.

For example, you have a CSD or CSM sell and want to go long on the CSD, CSM sell reentry and then short on the reentry. But this is risky...
You mean GAMBLE???.... Thats all the market is, ONE GIANT CASINO!!!
  • #140
  • Quote
  • Mar 13, 2025 6:17am Mar 13, 2025 6:17am
Quoting str8v4lu3
It's also very important to consider that you trade in line with the overall direction: MN, W1, D1. You can also trade countertrends, but it has to make sense. For example, you have a CSD or CSM sell and want to go long on the CSD, CSM sell reentry and then short on the reentry. But this is risky...
I shall keep that in mind. It just starts to confuse me to no end when I see too many charts like that. They can all be interpreted so subjectively.

Thanks for your inputs so far. Currently no trades for me now, just monitoring...
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