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Extreme TMA System

  • #7,181
  • Mar 26, 2012 9:24am Mar 26, 2012 9:24am
Some good trades today, some bad trades today. Currently a bit negative pips today with a GBPUSD trade holding a little in the money. ......but please...let's not use vulgarity to express dismay.
  • #7,182
  • Mar 26, 2012 9:26am Mar 26, 2012 9:26am
Have a sell order for AudUsd at 1.0526.
  • #7,183
  • Mar 26, 2012 9:26am Mar 26, 2012 9:26am
Quoting jaau
The usd news fuck me today!

One month to recovery....

The hard path of the learning

jaau, for me maybe more than a 1 month..
  • #7,184
  • Mar 26, 2012 9:26am Mar 26, 2012 9:26am
Quoting jaau
The usd news fuck me today!

One month to recovery....

The hard path of the learning

does anyone else following the system avoid trading high impact news, unless they're already deep into a winning position? I find that by not getting involved in such things, it keeps me out of a lot of bad trades. You miss the odd winner as well, but better to miss a winner than jump on a loser! I'm more into the scalping side of things, so maybe it's just me...
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,185
  • Mar 26, 2012 9:36am Mar 26, 2012 9:36am
Quoting Ed777
Hi Al,

I see the trend line is holding on eurusd. If the trend line is broken, is it still appropriate to do recovery? i got in eurusd at 1.3200....though was hesitant to do recovery trade, because in case trend line broke, thought recovery trade would also fail?
Thanks, ed
That is a personal decision. So far the channel wall is still holding, so you have time to think about it. I´m still .50 away so I can think about it also. For my account, I will do recovery because my position is small.
Observation is the path to discovery.
  • #7,186
  • Mar 26, 2012 9:38am Mar 26, 2012 9:38am
Im short 1.3327..
  • #7,187
  • Mar 26, 2012 9:40am Mar 26, 2012 9:40am
Thanks Al
  • #7,188
  • Mar 26, 2012 9:41am Mar 26, 2012 9:41am
Because Mladen i didnt take the short at 1.3200..so thanks Mladen
  • #7,189
  • Mar 26, 2012 9:44am Mar 26, 2012 9:44am
I was greedy last week and now I am -186 pips down on the EU, so a good lesson learnt
Tracking the Specialists.
  • #7,190
  • Mar 26, 2012 9:47am Mar 26, 2012 9:47am
connected, great avatar xDD

is your desktop? (can u upload some photo?xDD)

im short again...

and in eurusd too
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #7,191
  • Mar 26, 2012 9:56am Mar 26, 2012 9:56am
Looks like it's pay back time for Cable! Anyone else about to go short?
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,192
  • Mar 26, 2012 9:57am Mar 26, 2012 9:57am
Quoting By_Tor2114
This is why I don't trade the major news releases. No system can withstand a major news release, as you simply don't know what the big players will decide to make of it. For my personal sanity, I find it better to just not be in trades when they make these announcements.

Aside from my rather stupid move on the GBP/JPY (My sanity cannot deal with the volatility of this thing!), today has been a decent day.
nice opinion,.
i guess you have many experiences.
thanks for sharing,.
new lesson for today,..
  • #7,193
  • Mar 26, 2012 9:59am Mar 26, 2012 9:59am
Quoting hargiyo84
nice opinion,.
i guess you have many experiences.
thanks for sharing,.
new lesson for today,..
Hey,

Hopefully it can be of some use to you. Like I said, I am new to this particular method of trading, so I don't want to speak out of turn. My approach of not trading the news is simply a personal preference that happens to have served me well. If it can also help you, then that would be a great thing. By all means, experiment both ways
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,194
  • Mar 26, 2012 10:00am Mar 26, 2012 10:00am
1.3335 to hold for the next 30 hours or so.... Prepare for deep short
  • #7,195
  • Mar 26, 2012 10:10am Mar 26, 2012 10:10am
IM with u Imbonitore..i think EURUSD..GBPUSD...AUDUSD...and NZDUSD are ready to a big fall
  • #7,196
  • Mar 26, 2012 10:14am Mar 26, 2012 10:14am
Tnavi I wish it was my desktop! (and view)

I found the picture online hehe my real trading room is a small cupboard room where the cleaner keeps the brush and bucket LOL!

Quoting tnavi
connected, great avatar xDD

is your desktop? (can u upload some photo?xDD)

im short again...

and in eurusd too
Tracking the Specialists.
  • #7,197
  • Mar 26, 2012 10:16am Mar 26, 2012 10:16am
Quoting imbonitore
1.3335 to hold for the next 30 hours or so.... Prepare for deep short
I agree and I hope so,.
thank you sir,.
  • #7,198
  • Mar 26, 2012 10:17am Mar 26, 2012 10:17am
EU = I am now learning the meaning of 'patience'
Tracking the Specialists.
  • #7,199
  • Mar 26, 2012 10:22am Mar 26, 2012 10:22am
Quoting By_Tor2114
Looks like it's pay back time for Cable! Anyone else about to go short?
http://hostmypic.net/pictures/86f8f5...246318d429.jpg
Tracking the Specialists.
  • #7,200
  • Mar 26, 2012 10:24am Mar 26, 2012 10:24am
Quoting Connected
http://hostmypic.net/pictures/86f8f5...246318d429.jpg
I hope it is demo account
Follow me to the Promised Land
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