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Extreme TMA System

  • #6,441
  • Mar 21, 2012 10:34am Mar 21, 2012 10:34am
So, for example. EU now I expect will bounce to 1.3220, which is the 50% Fib of the last drop. When it gets there I wait for a stall with my finger on the trigger. When it stalls I reenter. If it doesnīt get there, more than likely I will let it go because the risk of a reversal would be too high.
Observation is the path to discovery.
  • #6,442
  • Mar 21, 2012 10:36am Mar 21, 2012 10:36am
Quoting Alorente
So, for example. EU now I expect will bounce to 1.3220, which is the 50% Fib of the last drop. When it gets there I wait for a stall with my finger on the trigger. When it stalls I reenter. If it doesnīt get there, more than likely I will let it go because the risk of a reversal would be too high.
By doing this, if you have the time in front of your screen you can make a lot of pips. Iīm up 18% today already. But thatīs because it is a high volatility day. Most are not like this.
Observation is the path to discovery.
  • #6,443
  • Mar 21, 2012 10:37am Mar 21, 2012 10:37am
Quoting xlitang
Does it say 5 seconds to sync the trades?
Sorry, no. I didnīt read it. I donīt have the time right now.
Observation is the path to discovery.
  • #6,444
  • Mar 21, 2012 10:37am Mar 21, 2012 10:37am
Quoting LuckyLurker
MY EU Sentiments. Live Example.
Trade Complete After wonky Asian session. Same result ultimately
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2012-03-20-1515EU_post.jpg Size: 108 KB
Click to Enlarge Name: 2012-03-20-1515EU_complete.jpg Size: 96 KB
USD Est Non Mortuus
  • #6,445
  • Mar 21, 2012 10:39am Mar 21, 2012 10:39am
Al look at the trix diversion (regular and hidden) on the past several swings on the 60m... amazing - something to watch closely
  • #6,446
  • Mar 21, 2012 10:39am Mar 21, 2012 10:39am
Quoting LuckyLurker
Trade Complete After wonky Asian session. Same result ultimately
Yes. I said this morning I liked your analysis. You were right on the button.
Observation is the path to discovery.
  • #6,447
  • Mar 21, 2012 10:40am Mar 21, 2012 10:40am
Quoting fire580
Al look at the trix diversion (regular and hidden) on the past several swings on the 60m... amazing - something to watch closely
Yes, of course. Iīm watching those on my other screen all the time.
Observation is the path to discovery.
  • #6,448
  • Mar 21, 2012 10:42am Mar 21, 2012 10:42am
Quoting Alorente
Yes. I said this morning I liked your analysis. You were right on the button.
Thanks Al. Worked out nicely.
USD Est Non Mortuus
  • #6,449
  • Mar 21, 2012 10:44am Mar 21, 2012 10:44am
So now, as I expected, we are establishing a temporary bottom on EU (S1) and GU (S2). Now the longs will begin to think the drop is over and at some point will get in, but at FPV on EU, the shorts in the know, will jump in again and the next swing down will begin aided by the longs trailing stops and stop losses that will also be triggered.
Observation is the path to discovery.
  • #6,450
  • Mar 21, 2012 10:48am Mar 21, 2012 10:48am
Quoting Alorente
So now, as I expected, we are establishing a temporary bottom on EU (S1) and GU (S2). Now the longs will begin to think the drop is over and at some point will get in, but at FPV on EU, the shorts in the know, will jump in again and the next swing down will begin aided by the longs trailing stops and stop losses that will also be triggered.
In a real long drop like the one on Feb 29 to March 6th, you can do swing trading maybe 30 or 40 times and make a bundle. Maybe triple what you would make just holding and without the risk, because you are out of the position over 50% of the time.
Observation is the path to discovery.
  • #6,451
  • Mar 21, 2012 10:50am Mar 21, 2012 10:50am
For GU the 50% Fib retracement is 1.5863, which coincides with todayīs Open which is also resistance.. Thatīs where Iīll jump in if it gets there.
Observation is the path to discovery.
  • #6,452
  • Mar 21, 2012 10:52am Mar 21, 2012 10:52am
Quoting Alorente
So now, as I expected, we are establishing a temporary bottom on EU (S1) and GU (S2). Now the longs will begin to think the drop is over and at some point will get in, but at FPV on EU, the shorts in the know, will jump in again and the next swing down will begin aided by the longs trailing stops and stop losses that will also be triggered.
Spot on. Watching this. Your EUR/AUD lag suggestion seems to be playing out soon as well.
USD Est Non Mortuus
  • #6,453
  • Mar 21, 2012 10:53am Mar 21, 2012 10:53am
Hey Al,

Do you ever buy back up to the swings?
  • #6,454
  • Mar 21, 2012 10:58am Mar 21, 2012 10:58am
Quoting LuckyLurker
Spot on. Watching this. Your EUR/AUD lag suggestion seems to be playing out soon as well.
Yes, Iīm watching it, but Iīd like to see a failed attempt at the high once more before jumping in. Maybe to center line of the M15TMA. Then, the drop will begin turning the M15 channel down.
Observation is the path to discovery.
  • #6,455
  • Mar 21, 2012 10:58am Mar 21, 2012 10:58am
Quoting Eamonn
Hey Al,

Do you ever buy back up to the swings?
NEVER. I donīt counter trade anymore. That was an expensive lesson to learn...
Observation is the path to discovery.
  • #6,456
  • Mar 21, 2012 11:02am Mar 21, 2012 11:02am
GU will probably make an attempt to get to the Coral without quite reaching it. When it stalls, that will be the time to jump in. And again, you picture this in your head before it happens. When it happens you are ready for it. If it doesnīt happen, no sweat. You are out of the trade and are not risking anything. The point being that the trade has to come to you, the way you picture it. You donīt chase the trade.
Observation is the path to discovery.
  • #6,457
  • Mar 21, 2012 11:09am Mar 21, 2012 11:09am
Now on GU I switched to M5. Why? because it helps you see the stall a lot better. In this case, we are looking to get around the top band of the M5 TMA, near the Open Resistance.
Observation is the path to discovery.
  • #6,458
  • Mar 21, 2012 11:12am Mar 21, 2012 11:12am
Quoting Alorente
Now on GU I switched to M5. Why? because it helps you see the stall a lot better. In this case, we are looking to get around the top band of the M5 TMA, near the Open Resistance.
Now I have my order window open with the right amount of lots and the correct pair and the finger on the Sell button.
Observation is the path to discovery.
  • #6,459
  • Mar 21, 2012 11:13am Mar 21, 2012 11:13am
Iīm now short GU again.
Observation is the path to discovery.
  • #6,460
  • Mar 21, 2012 11:13am Mar 21, 2012 11:13am
Hi Al,...how do you find the idea to use flexible TMA periods?at the beginning you said that M15 was the best,than Altoronto came with MTF TMA.You choose-M15,H1,H4 as one of the best MTF.Between the lower and upper band of H4 why dont you try to divide the tunnel in Fibonacci parts?like on my attachement....this is possible on MT4 flexible timeframe(M56,M91,M120,M148,M240)maybe with a indi Period_Converter_opt


just an idea..
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An idea is a new combination of old elements.
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