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Extreme TMA System

  • #2,241
  • Mar 1, 2012 5:08am Mar 1, 2012 5:08am
Quoting Alorente
Did you notice the pretty little arrow on GbpUsd. The arrow signals the bar where Slope begins to decline. It´s a nice heads up so you don´t miss the down move. I was on the phone and I missed it ...
Did not take the short trade because of FPV below...

But isn't the arrow showing divergence only (price climbing, slope falling)?
Otherwise there would be much more arrows...
  • #2,242
  • Mar 1, 2012 5:10am Mar 1, 2012 5:10am
Morning, Al!

I got up like Biganc just before 3:00am EST, thinking about the market.

Beautiful house and surroundings, by the way! Looks a little like Naples (Florida) where I live.

How is the economy there in Spain (from your observations?) Sounds a bit shakey from the media reports.
The mind thinks, the heart knows...
  • #2,243
  • Mar 1, 2012 5:11am Mar 1, 2012 5:11am
Hi Al!!!
For the begining i want to say that is my first post ever and i’m doing that just to express my gratitude to you, for all the things that you do here. I can’t find the right words to describe the feeling that i had when i discovered your thread. For my luck i went in after few pages so it was easy to catch up. But, the more i readed the more i was anxious te see where you’re going to. Those pictures with your office touched me. I saw beyond them. I’m not speaking about the pictures but the invitation to see your office. I realised, once again, what a generous, kind and gentle person you are. For the first time in my life i start to see the light in that dark and cold tunnel that everybody (or almost everybody) knows.

So, THANK YOU SIR for lightning me up!!!

P.S.: I’m impressed by the way you manage both thread and market in the same time. It’s outstanding!
  • #2,244
  • Mar 1, 2012 5:12am Mar 1, 2012 5:12am
Quoting fxtr51
My TMA slope indicator v1.2 has no arrows.
It is from your first posting.

Would somebody mind to post the newest indicator which has the arrows ?
I will be posting version 1.3 in a couple of hours with a surprise goody for you. Just wait till then.
Observation is the path to discovery.
  • #2,245
  • Mar 1, 2012 5:13am Mar 1, 2012 5:13am
Quoting Alorente
I will be posting version 1.3 in a couple of hours with a surprise goody for you. Just wait till then.
I love surprises
.... laughing all the way to the bank
  • #2,246
  • Mar 1, 2012 5:14am Mar 1, 2012 5:14am
Quoting Olarion1975
Did not take the short trade because of FPV below...

But isn't the arrow showing divergence only (price climbing, slope falling)?
Otherwise there would be much more arrows...
Remember that once resistance is broken, the level is much weaker after that. I like to think of it as losing 50% of it´s strength each time it is broken. Remember this point. It is very important that you do.
Observation is the path to discovery.
  • #2,247
  • Mar 1, 2012 5:14am Mar 1, 2012 5:14am
Al, beautiful property and lovely gardens and of course the blue sky helps, it is so foggy here on the UK coast right now I cannot even see the sky.
  • #2,248
  • Mar 1, 2012 5:17am Mar 1, 2012 5:17am
have been back over the last 8/9 pages of this thread, there is not a single screen shot of a chart with entry or exit...!!
  • #2,249
  • Mar 1, 2012 5:18am Mar 1, 2012 5:18am
Quoting Alorente
Did you notice the pretty little arrow on GbpUsd. The arrow signals the bar where Slope begins to decline. It´s a nice heads up so you don´t miss the down move. I was on the phone and I missed it ...
Does the arrow indicate a change in direction of the PA in the near future?
  • #2,250
  • Mar 1, 2012 5:19am Mar 1, 2012 5:19am
Quoting Ever E. Man
Morning, Al!

I got up like Biganc just before 3:00am EST, thinking about the market.

Beautiful house and surroundings, by the way! Looks a little like Naples (Florida) where I live.

How is the economy there in Spain (from your observations?) Sounds a bit shakey from the media reports.
Don´t believe everything you read. There is "officially" 20+% unemployment here, but I can tell you that the cash, underground economy is huge and growing. All the restaurants and bars are still full, people still live for football and the car lines leaving the city on weekends are never ending. I would say, it´s similar to the US right now. The same is the case in Italy. People couldn´t care less that bond interest is high. They continue to live La Dolce Vita.
Observation is the path to discovery.
  • #2,251
  • Mar 1, 2012 5:20am Mar 1, 2012 5:20am
Quoting rebelheart
have been back over the last 8/9 pages of this thread, there is not a single screen shot of a chart with entry or exit...!!
Agree, a couple of those will help tremendously... as newbie I'm still not getting there yet. Maybe this will help some others as well?
  • #2,252
  • Mar 1, 2012 5:21am Mar 1, 2012 5:21am
Quoting Alorente
Remember that once resistance is broken, the level is much weaker after that. I like to think of it as losing 50% of it´s strength each time it is broken. Remember this point. It is very important that you do.
Ok, thanks for the tip.
But on the other hand, broken resistance often becomes support. In this case price might bounce up from the FPV. We will see soon.
  • #2,253
  • Mar 1, 2012 5:21am Mar 1, 2012 5:21am
Quoting SnailRoll
Does the arrow indicate a change in direction of the PA in the near future?
You are correct my friend. When you see that arrow light up, pull out your wallet...
Observation is the path to discovery.
  • #2,254
  • Mar 1, 2012 5:22am Mar 1, 2012 5:22am
Quoting Alorente
Remember that once resistance is broken, the level is much weaker after that. I like to think of it as losing 50% of it´s strength each time it is broken. Remember this point. It is very important that you do.
Could you please expound on this a bit more?
.... laughing all the way to the bank
  • #2,255
  • Mar 1, 2012 5:23am Mar 1, 2012 5:23am
Its a piece of heaven Al; artwork!

I live on my soninlaws 300 acre horse farm for a very different look in Macon, GA USA. Meeting with the county agricultural agent today to plan a small orchard for the family...very different setting.

I like them both!

Steve
  • #2,256
  • Mar 1, 2012 5:23am Mar 1, 2012 5:23am
Quoting interbucks
Agree, a couple of those will help tremendously... as newbie I'm still not getting there yet. Maybe this will help some others as well?
Well, go ahead and post charts, guys. Ask questions about them, TA, etc. That´s what I´m here for.
Observation is the path to discovery.
  • #2,257
  • Mar 1, 2012 5:23am Mar 1, 2012 5:23am
Beautiful House Al
I see you have a Plaza de Cibeles fountain in your Garden too!
Tracking the Specialists.
  • #2,258
  • Mar 1, 2012 5:26am Mar 1, 2012 5:26am
Quoting itsallover
Could you please expound on this a bit more?
Think of it as the wall of a castle. You are pounding it with catapults and trebuchets until you breach it. Now it is easier to get through it. As you continue to pound it the breach gets bigger and more of your swordsmen can get in each time. It gets to the point were there is very little wall left.
Observation is the path to discovery.
  • #2,259
  • Mar 1, 2012 5:27am Mar 1, 2012 5:27am
Quoting Olarion1975
Ok, thanks for the tip.
But on the other hand, broken resistance often becomes support. In this case price might bounce up from the FPV. We will see soon.
Yes. The support is still there, but weaker than the resistance used to be.
Observation is the path to discovery.
  • #2,260
  • Mar 1, 2012 5:28am Mar 1, 2012 5:28am
Quoting Alorente
Think of it as the wall of a castle. You are pounding it with catapults and trebuchets until you breach it. Now it is easier to get through it. As you continue to pound it the breach gets bigger and more of your swordsmen can get in each time. It gets to the point were there is very little wall left.
... and therefore not a point of interest anymore?
.... laughing all the way to the bank
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