DislikedI was in the EUR/JPY earlier as well but something felt strange about the trade so I closed at BE.Ignored
edit: ha, EJ double top forming now!
Hennis Extreme TMA System 98 replies
Happs with TMA Trading Journal 25 replies
TMA Reality Tour 114 replies
MTF TMA 287 replies
SnakeForce - simple TMA with alert? 3 replies
DislikedI was in the EUR/JPY earlier as well but something felt strange about the trade so I closed at BE.Ignored
DislikedIf you get many more posts FF will run out of server space ;-)
Great stuff.
Anyone with the GBPJPY ... does it fullfil the criteria now or is it too far from lower band?Ignored
DislikedAs we learn it might be useful to filter the signals on trend using the TMA as a guide...i think Al mentioned this somewhere; the TMA on both EJ and EG were angled upwards when the short signals appeared. Waiting for longs might offer better probability trades on these two, for now. Speculation of course.
edit: ha, EJ double top forming now!Ignored
DislikedAs we learn it might be useful to filter the signals on trend using the TMA as a guide...i think Al mentioned this somewhere; the TMA on both EJ and EG were angled upwards when the short signals appeared. Waiting for longs might offer better probability trades on these two, for now. Speculation of course.
edit: ha, EJ double top forming now!Ignored
DislikedI was in the EUR/JPY earlier as well but something felt strange about the trade so I closed at BE. Maybe its the PPZ(price pivot zone) at the round number 106 or the spike on the Extreme spike signifying a buying opportunity. but I think once the stochastic crosses or becomes oversold then we might see some higher highs from this pairIgnored
DislikedAs we learn it might be useful to filter the signals on trend using the TMA as a guide...i think Al mentioned this somewhere; the TMA on both EJ and EG were angled upwards when the short signals appeared. Waiting for longs might offer better probability trades on these two, for now. Speculation of course.
edit: ha, EJ double top forming now!Ignored
DislikedAnother point. The ideal trades are those that go with the flow of the TMA. .......Ignored
DislikedMonitoring 18+ pairs we could do very nicely from the higher probability, with trend setups each dayIgnored
DislikedYes, but it depends on the spreads. Some of those 18 pairs are exotic currencies with huge spreads. I think to monitor 18 currencies some of us have to look for a broker with better spreads.Ignored
DislikedIn AudUsd NzdUsd and UsdCad for 48 pips, will hit close to 100 if they all make it to the opposite line. Not bad.
Should be a prime opportunity to make an EA to get the trades when we are at work or asleep.Ignored
DislikedAL
I'm reading the doc about recovery trades you posted yesterday
How do you personally apply those rules to your method ?
do you strictly follow the grid rules of 200 pips before next recovery trade ?
Or do you place a recovery trade once you have a new signal on the pair having the negative float ?Ignored
DislikedMonitoring 18+ pairs we could do very nicely from the higher probability, with trend setups each dayIgnored
DislikedHello Al,
Thanks for sharing this well researched system. Glad to be in at the start of a thread, even though its already 28 pages in just 1 day!
So true about entering with the flow of TMA.
Have attached chart of my trade on UC earlier today.
Entered on 1M but panicked a bit and exited too early when price seemed to stall. ( It was also against the 50MA and Daily Open).
Need to built my confidence in the signals!
EPIgnored