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  • #2,521
  • Nov 25, 2011 7:48am Nov 25, 2011 7:48am
Quoting aren
K=HEIKEM-ASHI

ok, thanks
  • #2,522
  • Nov 25, 2011 8:01am Nov 25, 2011 8:01am
Hey P.Dean

Are you going to have a boiler room?
This time, will be free of charge?
How's going to be your new website?
  • #2,523
  • Nov 25, 2011 9:04am Nov 25, 2011 9:04am
follow it.
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  • #2,524
  • Nov 25, 2011 11:20am Nov 25, 2011 11:20am
nice day!
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  • #2,525
  • Nov 27, 2011 2:15pm Nov 27, 2011 2:15pm
hey pdean,
i have few questions,
like, i do get you take H-band, L-band quick entrance, etc
what i do not get is when to go for the long run.
if it is a long wrong, i always come out pretty early by just taking 10pips or so.

Also, i dont quite get the usage of TMA trend.
what are we exactly looking for?

Regards,
J
  • #2,526
  • Nov 28, 2011 1:33am Nov 28, 2011 1:33am
Quoting Jhfx
hey pdean,
i have few questions,
like, i do get you take H-band, L-band quick entrance, etc
what i do not get is when to go for the long run.
if it is a long wrong, i always come out pretty early by just taking 10pips or so.

Also, i dont quite get the usage of TMA trend.
what are we exactly looking for?

Regards,
J
well from your question it shows that you have not quiet read or understood the core of what we do here as its obvious that most of everything we do is built around Price action within the TMA Band to measure the momentum.. but i will just go ahead and assume that you have already read but little understood, so I explain.. but i recommend to re-read the first two pages..
first thing is to recognize the bands position, which a naked eye can tell if PA is moving outside the band or within the band..
neutral (which seems that you know that already) or striking..
to go long or short on a trend position (striking band) like the sbt/smbt setups.. you need to have a trend first or at least a swing breakouts outside of the band.. now, the difficulty comes at this point to know whether this swing breakout is a fake out one or strong real one.. so to measure the strenght of the band breakouts, to filter its false breakouts or weak breakouts before getting involve, we use the TMA trend number as a tool to gauge the momentum continuation of the given recent move outside of the band at its early stages.. it should defiantly be above 10.0 points, preferably higher but if its less than that its advised to reject the signal and wait for bigger strong move before taking a action on a pullback trade.

I hope I answered your question and helps.
  • #2,527
  • Nov 28, 2011 1:42am Nov 28, 2011 1:42am
Quoting P.Dean
well from your question it shows that you have not quiet read or understood the core of what we do here as its obvious that most of everything we do is built around Price action within the TMA Band to measure the momentum.. but i will just go ahead and assume that you have already read but little understood, so I explain.. but i recommend to re-read the first two pages..
first thing is to recognize the bands position, which a naked eye can tell if PA is moving outside the band or within the band..
neutral (which seems that you know that already)...

Thank you!
Thought i had an idea, but guess not.
well, thank you for the reply! really appreciated!
i will re-read and come back with more Qs.

Regards,
J
  • #2,528
  • Nov 28, 2011 1:48am Nov 28, 2011 1:48am
Hi everyone,

This is my last week of trading to finish out the year and going on a early Christmas Newyear vacation as i do the same every year when pretty much in December the liquidity drops but more importantly its my time off from trading to freshen up for the following year.

ok lets roll big this week..

quick recap..
market kind of flat but i some majors are making small moves outside of the band lets see how strong it will get as a worthy one to take a shot at..

now what!!. lol.. you guessed it.. AMBUSH
  • #2,529
  • Nov 28, 2011 2:07am Nov 28, 2011 2:07am
on the subject about Jhfx's question..

the chart below is a live example of a fake out breakout outside of the band..

for eg. if it gives us a smbt signal right there.. this should be rejected..
why?.. breakout followed with quick strong pullback and TMA less than 10 pips and soon to be killed..
now this one just by look of it its obvious one to spot but this beast other times disguises this like a monster evil.. lol
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  • #2,530
  • Nov 28, 2011 2:16am Nov 28, 2011 2:16am
short on cad live smbt..


ps) keep a eye on gu.. it's making possibilities...
move outside but its following with a strong pullback.. tma trend close to 10points.. so if it signals for a smbt make sure all the last minute confirmation is inline such as rf buffer etc,.. bcz the pullback is not too ideal it looks a bit strong and large..
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  • #2,531
  • Edited 2:45am Nov 28, 2011 2:29am | Edited 2:45am
Quoting P.Dean
on the subject about Jhfx's question..

the chart below is a live example of a fake out breakout outside of the band..

for eg. if it gives us a smbt signal right there.. this should be rejected..
why?.. breakout followed with quick strong pullback and TMA less than 10 pips and soon to be killed..
now this one just by look of it its obvious one to spot but this beast other times disguises this like a monster evil.. lol

some move in favor of my trades direction so i drop the risk to half about 10 pips now.. RR possibility now is at least 1:1.. if LL breaks out, then looking at more..

update... risk at BE now.. LL broken into +15 profit, so a risk free trade with trend behind it, it has the potential to be a good one at no risk..
  • #2,532
  • Nov 28, 2011 2:48am Nov 28, 2011 2:48am
what happen!!!..
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  • #2,533
  • Edited 3:22am Nov 28, 2011 3:10am | Edited 3:22am
Quoting P.Dean
short on cad live smbt..


ps) keep a eye on gu.. it's making possibilities...
move outside but its following with a strong pullback.. tma trend close to 10points.. so if it signals for a smbt make sure all the last minute confirmation is inline such as rf buffer etc,.. bcz the pullback is not too ideal it looks a bit strong and large..

banked for +30..
why?.. no particular technical reason for it other than it’s last burst if about 40+ and it could be due for pb.. how big, who the hell knows..
buttttttttt..
major psychological reasons for the exit..
1) it's my first trade and with one shot it puts me up ahead of the game and half way to my daily avg profit..
2) now i got some disposable bullets.. to be even more fear-less and confidence in two areas..
a) pull the trigger when i see a valid one..
b) to be more patience during a trade, in order to let it fully develop to a size-able gain if it intends to run.

PS) remember... your the sole captain of your ship not the market.. this cad trade of mine could run short for zillion stright up or just not and pb's or reverses or etc,.. who cares.. i am in control of my day.. to keep myself up by managing the day wisely to stay leveled with the beast and soon enough before you know it you will see yoursellf well ahead of it or not sinked atleast so you can live to fight another day.
that's what trading is all about folks.
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  • #2,534
  • Nov 28, 2011 3:16am Nov 28, 2011 3:16am
example of two valid swing outs of the band..
now it just the matter of a valid PB for sbt/smbt trade..
the only problem i see is that it is against the major overall trend, which it don't stop me from taking a shot but a more careful on trade managing department of it..

AMBUSH..
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  • #2,535
  • Nov 28, 2011 3:41am Nov 28, 2011 3:41am
Quoting P.Dean
example of two valid swing outs of the band..
now it just the matter of a valid PB for sbt/smbt trade..
the only problem i see is that it is against the major overall trend, which it don't stop me from taking a shot but a more careful on trade managing department of it..

AMBUSH..
Hi Dean,

would you also look for a double top without a previous reaction from the mid band? And then take the shot if candle crosses inside the band with RF confirmation?

PS: Looks like a DT forming on EJ right now, but price still too far away from the band...
  • #2,536
  • Nov 28, 2011 3:46am Nov 28, 2011 3:46am
Quoting Olarion1975
Hi Dean,

would you also look for a double top without a previous reaction from the mid band? And then take the shot if candle crosses inside the band with RF confirmation?

PS: Looks like a DT forming on EJ right now, but price still too far away from the band...
no.. if the momentum is there and maintains it by the time it PB's to the mid-band or opposite-band with rf confirmation is good to fly..

I keep it simple..
  • #2,537
  • Nov 28, 2011 3:56am Nov 28, 2011 3:56am
Quoting P.Dean
no.. if the momentum is there and maintains it by the time it PB's to the mid-band or opposite-band with rf confirmation is good to fly..

I keep it simple..
Ok, thanks. Did you change your rules then?
In your previous posts I saw some charts where you would have taken the double top with RF confirmation on a mild striking band WITHOUT reaction to the mid band before...see picture.
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  • #2,538
  • Nov 28, 2011 4:09am Nov 28, 2011 4:09am
Quoting Olarion1975
Ok, thanks. Did you change your rules then?
In your previous posts I saw some charts where you would have taken the double top with RF confirmation on a mild striking band WITHOUT reaction to the mid band before...see picture.

no i have not..
your mixing up two very different plays.. i thought you were talking about smbt play which is a trend following play on a striking band..
the one you are showing is the 3rfct play which is a reversal play.. totally different.. on the reversal play we look for 3rf confirmation or double top for a counter trade if the band is MILD striking.. this has nothing to do with MID band play.
I think you'll need to study the system a bit more.. we have different plays for different market conditions.. but the bread and butter is the trend following one sbt/smbt setup.
  • #2,539
  • Nov 28, 2011 6:59am Nov 28, 2011 6:59am
looks like euro possible short coming up trend has gone to nill.
  • #2,540
  • Nov 28, 2011 7:54am Nov 28, 2011 7:54am
my first trade for today was a loser, but seems my 2. trade (gbp/usd) will hit my tp..
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