Extreme TMA System

Good morning, first of all thank Al for this post. This is my first post in the forum, and wanted to share my image by following the strategy. First of all say that it took little time in the forex and every day I like best and try to learn more. I feel that my English is bad. Greetings from Spain.

http://img267.imageshack.us/img267/2734/dibujodab.jpg


http://imageshack.us/photo/my-images/267/dibujodab.jpg

Here is a classic Trix and RSI divergence to price in the H1 TF. We´ll see how it plays out in the next few hours.

Here is a live example of divergence on the Slope indi.

Ok. Will be on the look out for the cross. You are the best tutor on FF in the last couple of weeks. Thank you.

bye bye, ope....

Many, many thanks again for sharing your system.

One idea I've had to improve it is - once the tma band has been passed and there is a reverse Heiken signal then an alert could be triggered.

Unfortunately I've no coding ability so someone else would have to do that.

All the very best

Hi everyone,
Here's the PDF of "Al's Wisdom Vol. II". Hope you like it.

Observe how similar A and B are in the GbpUsd chart below:

1- H1 TMA over H4 TMA and turning downwards.

2- Price executing almost identical formation in both cases.

3- Very similar divergences (White lines) in the Slope indicator.

I continue to expect a similar result in both cases.

EU being stubborn as hell ...... zzzzzzzz .... usdx lower lows on hrly , think eu min target R3 now plus 1.33 round number .. hope it doesn't take till 5hrs for the drop to arrive .. Ben Fednake talking and us home news ...

Some days ago I start to follow this system.

At now indicator ExtremeTMA_v24 show sell on GBPUSD; EURUSD; EURJPY; GBPJPY. It's correct to open these orders???

thanks flaw .... really I was already hungry waiting for the Vol 2 !

So many pairs now up against or real close to the 4H TMA. Something's going to pop soon.

I hope eur/usd and gbp/usd will fall soon beacuse price is coming up to my sl.

It is during moments like these when experience helps a lot to remain cool. You see price running away from you and you review the chart over and over again. I say to myself:

"I have seen this many times before. I used to close the trade at the top, just to see it turn finally in my favor. If this move was a solid one, I would see it reflected in the Slope indicator with a breakout above 0.50 and a Green mound forming. It isn´t. I see the H1 TMA outside of H4TMA and H4 is not moving steeply upward. I would not be seeing a Trix divergence and an RSI divergence."

"Remaining cool and giving price room to move is an essential part of this system. I have my plan B, which is, as long as the technicals stay the same, if I have to, I will enter Recovery at -100 and continue to wait patiently for price to break. I am still 50 pips away from that so there is plenty of room for price to move."

Patience and believing in the system that has worked for you so many times before are very important when things are not working out exactly like you planned.

..its so quiet you can hear a pin drop

Thank you Al I needed this words.

.. yeah .. will let EU "cook" abit for now , gonna do some core body workouts in the meantime .. lolz ..

Excellent post Al!

A great example of how to review a trade without emotion, and something that really hit home for me. Thanks

This is my chartm15 on eur-usd, is it correct? The price is quite out the bands so white short, but the slope norm indics a volue of 0.4, we can see that when price go down his value go down but only at the end of movement it was at a value of -0.5 or below!

In the end, the only price that really counts is the one at which you close. Price can resist market forces and jump around as much as it wants, but the technicals rule. They always win as long as they stay healthy. Probably, when I review this trade a month from now in my statement and I see a 100 pip win, that is all i´ll observe, the win. I won´t remember then the uneasy moments I went through, I will just see the end result. A nice win that increased my account.