Extreme TMA System | Page 377 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Extreme TMA System
Exit Attachments

Extreme TMA System

  • #7,521
  • Mar 28, 2012 10:25am Mar 28, 2012 10:25am
Quoting Alorente
My breathing system gives me a very rough indication of the upcoming moves. That doesnŽt mean it happens exactly candle by candle. What it tells me is that in 5 days, price could be around the neckline or below. I expect a break of the trendline also in the next 10 days and a test of 1.2600. WeŽll see... These types of predictions are very difficult to gauge correctly...
hi Al,.

what is your target / TP for EU?
will you hold it till 1.26?

thanks
  • #7,522
  • Mar 28, 2012 10:30am Mar 28, 2012 10:30am
check how many pips from the center line to the TMA(56,6) top or bottom, if it's about 76 pips, long or short.

it's interseting!
Attached Image (click to enlarge)
Click to Enlarge Name: wwq.PNG Size: 57 KB
  • #7,523
  • Mar 28, 2012 10:32am Mar 28, 2012 10:32am
Does anyone else find the M15 rules to be a lot less reliable once the London session closes? My case in point; the current movement on the A/U. I guess there's every chance it could turn round, but I'd bet good money that this current setup turned out to be no good, hence why I don't trade outside the London session.

Anyone got any input on this? I could be totally wrong.
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,524
  • Mar 28, 2012 10:42am Mar 28, 2012 10:42am
Quoting hargiyo84
hi Al,.

what is your target / TP for EU?
will you hold it till 1.26?

thanks
I probably will, but IŽll decide as we get closer to the neckline of the Head & Shoulders at around 1.3050.
Observation is the path to discovery.
  • #7,525
  • Mar 28, 2012 10:54am Mar 28, 2012 10:54am
is usdchf short with conservative TP sounds good for you? H1 down, M15 ranging and PA over upper band and trix turning down, crossover hist blue,

anyone?
  • #7,526
  • Mar 28, 2012 10:58am Mar 28, 2012 10:58am
Quoting By_Tor2114
...I'm not so bothered about the pips as I am about making such a stupid mistake...

It must be the old age setting... At 26.
Ha, Ha, Ha! You are funny!

Just a thought:
While I was working on a master's in Psycholinguistics at U. of Hawaii, in another life, I did actually pick up a bit of useful info about learning. In learning a foreign language, or learning to trade, it's much more effective to emphasize our successes instead of our mistakes.

If you keep your eye on what you do right, not what you do wrong, you will learn faster, and have more fun. Works with dogs, too!

If you have trouble doing that, you're probably trading too large.

Punishment, self or other, does not work well as a learning tool. Watch your successes and you'll learn faster and enjoy it more. (Hello, operator, could I speak to Frau Bundeskanzlerin Merkel, please? )
The mind thinks, the heart knows...
  • #7,527
  • Mar 28, 2012 10:59am Mar 28, 2012 10:59am
Quoting aren
check how many pips from the center line to the TMA(56,6) top or bottom, if it's about 76 pips, long or short.

it's interseting!
what indy you use?
the pink one,.
thanks
  • #7,528
  • Mar 28, 2012 11:01am Mar 28, 2012 11:01am
Quoting Alorente
I probably will, but IŽll decide as we get closer to the neckline of the Head & Shoulders at around 1.3050.
thank you Al,.
I still hold it (EU) too,.
TP 1.3100

you are the best
  • #7,529
  • Mar 28, 2012 11:04am Mar 28, 2012 11:04am
Quoting hargiyo84
what indy you use?
the pink one,.
thanks

here it is.
Attached File(s)
File Type: mq4 Donchian Channels.mq4   3 KB | 614 downloads
  • #7,530
  • Mar 28, 2012 11:10am Mar 28, 2012 11:10am
Quoting Ever E. Man
Ha, Ha, Ha! You are funny!

Just a thought:
While I was working on a master's in Psycholinguistics at U. of Hawaii, in another life, I did actually pick up a bit of useful info about learning. In learning a foreign language, or learning to trade, it's much more effective to emphasize our successes instead of our mistakes.

If you keep your eye on what you do right, not what you do wrong, you will learn faster, and have more fun. Works with dogs, too!

If you have trouble doing that, you're probably trading too large.

Punishment, self...
Ever E. Man I know your comment was meant for By_Tor2114, but I too sure got a lot out of what you said. Not only what you said but how you said it. I thought for a minute about your post title attempting to figure out what you were saying and when I got it, it really had an impact. Thank you for sharing your wisedom in a wise way. I will remember that I like "carrots" more than the stick if I ever again am too critical of a mistake and beat myself up. Much better to praise myself for a job well done.

Thanks again for your insight.

Robert

PS I think Merkel is busy right now :-) and if she's not she should be
  • #7,531
  • Mar 28, 2012 11:18am Mar 28, 2012 11:18am
Quoting Surfnomad
...

Thanks again for your insight.

Robert

PS I think Merkel is busy right now :-) and if she's not she should be
Ha, Ha! That's a good one, Surfnomad! I can almost see her aging by the day! It's sad, really, and I do feel sorry for her. Must be tough mothering all of Europe!

As far as the helpfulness, I got it from the Koala Brothers cartoon. Their motto ~ I'm here to help!
The mind thinks, the heart knows...
  • #7,532
  • Mar 28, 2012 12:33pm Mar 28, 2012 12:33pm
Quoting Ever E. Man
Ha, Ha, Ha! You are funny!

Just a thought:
While I was working on a master's in Psycholinguistics at U. of Hawaii, in another life, I did actually pick up a bit of useful info about learning. In learning a foreign language, or learning to trade, it's much more effective to emphasize our successes instead of our mistakes.

If you keep your eye on what you do right, not what you do wrong, you will learn faster, and have more fun. Works with dogs, too!

If you have trouble doing that, you're probably trading too large.

Punishment, self...
tor2114.. this was the best insight one could have given you..
let your daydreaming part of your mind do the job more often.. it actually works better than the mind itself..
right E man!!..

best wishes to all.
  • #7,533
  • Mar 28, 2012 1:56pm Mar 28, 2012 1:56pm
Quoting Ever E. Man
Ha, Ha, Ha! You are funny!

Just a thought:
While I was working on a master's in Psycholinguistics at U. of Hawaii, in another life, I did actually pick up a bit of useful info about learning. In learning a foreign language, or learning to trade, it's much more effective to emphasize our successes instead of our mistakes.

If you keep your eye on what you do right, not what you do wrong, you will learn faster, and have more fun. Works with dogs, too!

If you have trouble doing that, you're probably trading too large.

Punishment, self...
Fear not, Mr. E (And everyone, for that matter!). My comments are made in jest. As it happens, I too have some "qualifications" (bits of paper) that tell me I understand the human condition (Yeah, right!). NLP and psychology both sit high on my list of pass times. I've actually spent 7 years working on the mechanics of anxiety/depression/negative bad stuff with a view to some day curing the world... As Neil Peart recently said; I can't stop thinking big! Understanding "negative psychology" has been a big advantage to me as I have made my way into the world of Forex over the last 5 or so years.

Enough of my ranting/sense of humour!

Oh... And if anyone else has noticed the drop off in reliability in the M15 rules after the London session ends, do jump in. Maybe it's just me!
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,534
  • Mar 28, 2012 2:05pm Mar 28, 2012 2:05pm
Quoting P.Dean
tor2114.. this was the best insight one could have given you..
let your daydreaming part of your mind do the job more often.. it actually works better than the mind itself..
right E man!!..

best wishes to all.
Thanks, Dean!
You are close to it. But still too many you's.
I'll PM you so as not to post off topic.
The mind thinks, the heart knows...
  • #7,535
  • Mar 28, 2012 2:16pm Mar 28, 2012 2:16pm
Quoting jfcamp
is usdchf short with conservative TP sounds good for you? H1 down, M15 ranging and PA over upper band and trix turning down, crossover hist blue,

anyone?

closed with +16 pips at center line of M15 channel
  • #7,536
  • Mar 28, 2012 2:20pm Mar 28, 2012 2:20pm
Quoting By_Tor2114
...Enough of my ranting/sense of humour!

Oh... And if anyone else has noticed the drop off in reliability in the M15 rules after the London session ends, do jump in. Maybe it's just me!
Actually, I found your rantings/sense of humour entertaining! Sounds like you have the psych angle working for you.

I personally thought the GU trade you rejected was a perfect setup, and I expected it to bounce up, which, if you check, it did.

I notice Al seems to stick with a trade, if it meets the rules, even if it looks bad, unless market conditions clearly increase the risk.

I think he mentioned something about that early on ~ some of the ones that look bad, but follow the rules, surprise us by working out?

Anyway, it looked like a good trade setup to me, just MHO.
But, what do I know?
I'm like Schultzy on "Hogan's Heroes", "I know nothing! Nothing!"
The mind thinks, the heart knows...
  • #7,537
  • Mar 28, 2012 2:30pm Mar 28, 2012 2:30pm
Hi, dear DrDave :

as your previous post #7428, you mention M15, H1 trend situation :

When we meet a M15 trend against H1 trend, your idea is :

we follow H1 trend to do our trade ? it is your TMA trade experience result ??


please confirm us , many thanks ~


SCOTT / Taiwan
  • #7,538
  • Mar 28, 2012 2:33pm Mar 28, 2012 2:33pm
Good to know my sense of humour is at least somewhat universal!

The setup didn't really work for my style of trading, being that I have gravitated towards scalping with tight stop losses. I'm new to this particular style, but I have been using the M15 with only a 20 pip stop and am yet to be stopped out (Aside from my bonehead move earlier!). I have only been entering when a candle shows a strong HA close. When it is within a pip or two of switching colour, I find it too unreliable, as it more luck of the draw as to whether or not it closes as the "right" colour.

In other words, whilst it did come back round eventually, I would never have a stop loss big enough to accomodate such a move, at least with my current style of doing things. I have been thinking about more long term techniques recently, as I would like some more feathers for the cap...
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,539
  • Mar 28, 2012 2:33pm Mar 28, 2012 2:33pm
dear Mr.Alfredo :

I remember you tell about that, this MFT TMA system can not trade
Gold, XAUUSD, S&P500 indic ....,

TMA only use to trade FOREX market , right ??

please confirm , thank you in advance ~


SCOTT / Taiwan

~~~~~~~~~~~~~~
  • #7,540
  • Mar 28, 2012 2:40pm Mar 28, 2012 2:40pm
Quoting scott-ibm
dear Mr.Alfredo :

I remember you tell about that, this MFT TMA system can not trade
Gold, XAUUSD, S&P500 indic ....,

TMA only use to trade FOREX market , right ??

please confirm , thank you in advance ~


SCOTT / Taiwan

~~~~~~~~~~~~~~
There is no problem trading other markets with this system.
Observation is the path to discovery.
3 traders viewing now