DislikedI looked through Al's recent posts but don't see where the 5M strategy is posted - can anybody help? Thanks, p.Ignored
It is being tested at this yime. Please, do not trade real money with it.
Observation is the path to discovery.
Hennis Extreme TMA System 105 replies
TMA Reality Tour 116 replies
Happs with TMA Trading Journal 25 replies
MTF TMA 287 replies
SnakeForce - simple TMA with alert? 3 replies
DislikedI looked through Al's recent posts but don't see where the 5M strategy is posted - can anybody help? Thanks, p.Ignored
DislikedHi KDo, thanks for the feed-back.
Ok, so let's analyze Al's 4th rule:
As per my screenshot in post 3859, I took the short trade when price was above the upper band, AND, it was testing the resistance level (FPV).
That's my perspective, but I may have missed something...
The only thing I can think of is that I could have waited price to touch FPV (again), even though it was already tested by the previous candle. Oh, and also, I could have waited the HA candle to turn red.
Could you please advise if in your opinion I should not have taken this...Ignored
Disliked[color=black][font=Verdana]Hola My Friend,
I am sure you are catching your beauty rest right now. I just thought I would share something that greatly built my confidence is the system.
Last night there were two trades that met our criteria. I took both trades, set my TP and SL and went to bed. I used smaller lots for the test because I am trading live. When I woke up this morning...+60 pips. I am doing the same tonight for some setups. I will let you know how it goes tomorrow.
Thank you again for your time and kind patience. It is very much...Ignored
DislikedHello Greg,
Where is FPV for AUDCHF on your chart? Mine is .96828. About 10 pips above FPV but still 15 pips or so under R1.
WilliamIgnored
DislikedThank you Barry and Greg. I figured out what my problem was. When I down loaded the current zip file, I forgot to change my broker offset. I was off by 2 hours.
Thanks again.
WilliamIgnored