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Extreme TMA System

  • #3,881
  • Mar 7, 2012 1:26am Mar 7, 2012 1:26am
Quoting piprac
I looked through Al's recent posts but don't see where the 5M strategy is posted - can anybody help? Thanks, p.
Post 3566

It is being tested at this yime. Please, do not trade real money with it.
Observation is the path to discovery.
  • #3,882
  • Mar 7, 2012 1:27am Mar 7, 2012 1:27am
Quoting Teaj
What a great looking system!

Thanks for sharing Al
Thank you for joining us.
Observation is the path to discovery.
  • #3,883
  • Mar 7, 2012 1:34am Mar 7, 2012 1:34am
Quoting beto21_cwb
Hi 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...
This was a great trade to take. I like you, exit at center line most of the time when price stalls. Why? I could get more pips if I waited for the opposite band, Right? Not exactly. I usually wait for a bounce from center line and enter again and again, until it finally breaks and goes to the band. The end result is more pips than if I had stayed in it all the way and reduced risk of losing the pips I already had. This takes practice, though. In time, you will be able to do it to.
Observation is the path to discovery.
  • #3,884
  • Mar 7, 2012 1:37am Mar 7, 2012 1:37am
Quoting faxxion
[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...
Yes, William. It is pretty amazing how that works with such consistency. This is where Cave Manager will help you big time. It is nice to wake up to nice profits. Congratulations !!
Observation is the path to discovery.
  • #3,885
  • Mar 7, 2012 1:49am Mar 7, 2012 1:49am
Quoting bcarbon
Here is one

http://www.barchart.com/quotes/stocks/$EXY
thanks alot mate
  • #3,886
  • Mar 7, 2012 2:23am Mar 7, 2012 2:23am
Is anyone looking at the AUD pairs?

William
may you find what you seek and trade what you find
  • #3,887
  • Mar 7, 2012 2:27am Mar 7, 2012 2:27am
Quoting faxxion
Is anyone looking at the AUD pairs?

William
William,

I am. Just touched twice near FPV for AUD/CHF.

Greg
  • #3,888
  • Mar 7, 2012 2:30am Mar 7, 2012 2:30am
dear Robert / Surfnomad :

about post of Heiken Ashi Essentials,

May I know which Post #, which page list ??


best wishes,

SCOTT
  • #3,889
  • Mar 7, 2012 2:30am Mar 7, 2012 2:30am
Quoting bluewatercat
William,

I am. Just touched twice near FPV for AUD/CHF.

Greg
I think I would prefer it to be further outside the upper band and closer to FPV.

Greg
  • #3,890
  • Mar 7, 2012 2:33am Mar 7, 2012 2:33am
Quoting scott-ibm
dear Robert / Surfnomad :

about post of Heiken Ashi Essentials,

May I know which Post #, which page list ??


best wishes,

SCOTT
Pg251...post 3760
Barry
  • #3,891
  • Mar 7, 2012 2:37am Mar 7, 2012 2:37am
Quoting bluewatercat
I think I would prefer it to be further outside the upper band and closer to FPV.

Greg
Hello 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.

William
may you find what you seek and trade what you find
  • #3,892
  • Mar 7, 2012 2:43am Mar 7, 2012 2:43am
Quoting faxxion
Hello 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.

William
William,

I've got 0.97078 for FPV on AUDCHF. Closer to your number I have S1 at 0.96807.

Hmmm ...

Greg
  • #3,893
  • Mar 7, 2012 2:46am Mar 7, 2012 2:46am
Quoting bluewatercat
William,

I've got 0.97078 for FPV on AUDCHF. Closer to your number I have S1 at 0.96807.

Hmmm ...

Greg
Greg,

Well, this is troubling. Would some one please post FPV for AUDCHF?

Thank you.

William
may you find what you seek and trade what you find
  • #3,894
  • Mar 7, 2012 2:57am Mar 7, 2012 2:57am
Quoting faxxion
greg,

well, this is troubling. Would some one please post fpv for audchf?

Thank you.

William
fpv- .9709
r1- .9736
s1- .9681
Barry
  • #3,895
  • Mar 7, 2012 3:02am Mar 7, 2012 3:02am
Fpv .96841
r1 .97182
s1 .96500
  • #3,896
  • Mar 7, 2012 3:03am Mar 7, 2012 3:03am
Quoting faxxion
Is anyone looking at the AUD pairs?

William
I am. I still have a short open in EurAud.
Observation is the path to discovery.
  • #3,897
  • Mar 7, 2012 3:06am Mar 7, 2012 3:06am
Quoting Bary
fpv- .9709
r1- .9736
s1- .9681
Thank 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.

William
may you find what you seek and trade what you find
  • #3,898
  • Mar 7, 2012 3:06am Mar 7, 2012 3:06am
Here's what I have for R1, FPV, S1:

R1 0.97346
FPV 0.97078
S1 0.96807
  • #3,899
  • Mar 7, 2012 3:06am Mar 7, 2012 3:06am
Quoting normtold
Fpv .96841
r1 .97182
s1 .96500
Thanks Normtold
may you find what you seek and trade what you find
  • #3,900
  • Mar 7, 2012 3:12am Mar 7, 2012 3:12am
Quoting faxxion
Thank 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.

William
William,

Glad you found it. Pivot checks each session are probably not a bad thing for helping the group every once in a while to keep up confidence. Just one of many ways but they all add up.

Greg
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