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Extreme TMA System

  • #1,781
  • Feb 29, 2012 7:11am Feb 29, 2012 7:11am
Quoting rivtrader
I saw that double top, Al, so I have a sell stop at 1.5932. That's more or less where the rules will kick in.
Thatīs a great way to enter the trade while it is moving in the correct direction.
Observation is the path to discovery.
  • #1,782
  • Feb 29, 2012 7:15am Feb 29, 2012 7:15am
Quoting sabrys5769
Wow.......!!!!!!!!!!!!! This is my dream..... I envy you......

Ciao
Sabrina
Next time you are in Madrid, you can stay at my house and weīll talk trading and see the sights.
Observation is the path to discovery.
  • #1,783
  • Feb 29, 2012 7:18am Feb 29, 2012 7:18am
Quoting normtold
I opened a sell at 1.59315 2 hours ago, so I was very premature, I must nail my entrances better. Must not be so trigger happy.

As you mentioned recovery Riv can I ask you and Al a question about it.

If say we open 1 lot and it goes 100 pips the wrong way, do you then open 1 more lot, another 100 pips 2 lots another 100 pips 4 lots but close initial position out?

I read the PDF from Nanningbob and Steve hopwood and one suggestred
1,1,2,4 repeat 1,1,2,4 closing out the oldest positions only having 3 open at a time, is that how you would do...
Yes. Follow the Doc by nanningbob. What you described above is Martingaling which can lead to disaster. Recovery is NOT Martingale. Martingale is a form of gambling.
Observation is the path to discovery.
  • #1,784
  • Feb 29, 2012 7:19am Feb 29, 2012 7:19am
im in long usd.jpy aswell
  • #1,785
  • Feb 29, 2012 7:19am Feb 29, 2012 7:19am
Quoting Alorente
Thatīs a great way to enter the trade while it is moving in the correct direction.
That's true and it works for me. I also have a buy stop for EC at 1.3299 and UC at 9889. I had a sell stop on AJ at 87.10 which is doing ok up to now.
  • #1,786
  • Feb 29, 2012 7:22am Feb 29, 2012 7:22am
Quoting biganc
I don't know if any of you trade this pair, but NZD/USD is getting close
to giving a trade signal.
I did not have the chart open but looking back the TMA slope was above .5 and it is nowhere near an mA crossover, maybe it was earlier, good luck with the trade though.
  • #1,787
  • Feb 29, 2012 7:23am Feb 29, 2012 7:23am
I think I am mis interpreting the figures on post 1
ie. +0.51 for long and -0.51 for short

So just looking now atUSD/CAD my value is -3.82
I can see that everything else points to a long trade so can someone please tell me how to interpret the TMA values

Many thanks
Greenlake
  • #1,788
  • Feb 29, 2012 7:24am Feb 29, 2012 7:24am
Guys... lets wait for USA news.

The market is hungry for risky today!!!!

L.
  • #1,789
  • Feb 29, 2012 7:24am Feb 29, 2012 7:24am
Aud Nzd sitting on S1 and about to cross MA.. Iīm in long.
Observation is the path to discovery.
  • #1,790
  • Feb 29, 2012 7:26am Feb 29, 2012 7:26am
EURCAD is in a similar situation
  • #1,791
  • Feb 29, 2012 7:28am Feb 29, 2012 7:28am
Quoting Greenlake
I think I am mis interpreting the figures on post 1
ie. +0.51 for long and -0.51 for short

So just looking now atUSD/CAD my value is -3.82
I can see that everything else points to a long trade so can someone please tell me how to interpret the TMA values

Many thanks
Greenlake
The value is -0.37, which is between -0.50 and +0.50 so it is a great trade at this point. Also, look at the slope indi climbing hard.
Observation is the path to discovery.
  • #1,792
  • Feb 29, 2012 7:31am Feb 29, 2012 7:31am
Eu/cad looks similar to usd cad, wats keeing you from longing that too?

EDIT: is it cos of the slope at -.80ish?
  • #1,793
  • Feb 29, 2012 7:31am Feb 29, 2012 7:31am
Quoting LuisPrinc
AL !
Are EUR USD,EUR AUD, EUR GBP Good for long ?
Did you took them ?
There are great long signals for the Euro, but I said the other day that I canīt get myself to long the euro. I know I shouldnīt let these things affect my decisions which should be based solely on system signals, but I donīt feel comfortable with euro longs so I donīt take those trades. In trading you must feel good about a trade or you should not take it.
Observation is the path to discovery.
  • #1,794
  • Feb 29, 2012 7:34am Feb 29, 2012 7:34am
Quoting Alorente
The value is -0.37, which is between -0.50 and +0.50 so it is a great trade at this point. Also, look at the slope indi climbing hard.
Thank you Al
I have the revised TMA Slope v. 1.2 with 0.5 /1.0 and -0.5/-1.0
are these parameters wrong?
  • #1,795
  • Feb 29, 2012 7:35am Feb 29, 2012 7:35am
Quoting Alorente
Aud Nzd sitting on S1 and about to cross MA.. Iīm in long.
With FxPro the spread on A/N is 10, you use FxPro what spread do you have for that pair?

G/A and G/C are both 6 too. I prefer pairs with spreads under 3.
  • #1,796
  • Feb 29, 2012 7:37am Feb 29, 2012 7:37am
My trades so far:

GbpUsd +21 pips

UsdCad +5 pips

AudNzd +8 pips
Observation is the path to discovery.
  • #1,797
  • Feb 29, 2012 7:39am Feb 29, 2012 7:39am
In long GbpAud. Sitting on S1 at the outer band.
Observation is the path to discovery.
  • #1,798
  • Feb 29, 2012 7:39am Feb 29, 2012 7:39am
regards
could you explain some about #MTF_Heiken_Ashi... how to use? there is nothing about it in post number 1 and i couldnt find how should i use it... u`ve just explained TMAslope!!
thanks
wether you think of success or not,both result are true
  • #1,799
  • Feb 29, 2012 7:43am Feb 29, 2012 7:43am
Quoting Alorente
Happy to hear from you Bruma. Does your Market Cycle System have indicators that repaint also like mine?

I am not surprised the signals are almost identical. The market has a natural rhythm and all we are doing is detecting the amplitude of the waves and the time for a complete wave to form.

I would like to see your system if you donīt mind. Just curiosity. Iīm a lost cause, iīm fanatical about anything and everything "trading".

Iīll pm you my email.

Thanks again.
Thanks Al,
Hard to keep up with your thread, 10+ pages per day.

Yes, You may PM me.

All the best!
  • #1,800
  • Feb 29, 2012 7:43am Feb 29, 2012 7:43am
Quoting Alorente
My trades so far:

GbpUsd +21 pips

UsdCad +5 pips

AudNzd +8 pips

I obviously have a lot to learn, I thought I had entered according to the 4 rules but I have not had any positive pips yet.
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