Extreme TMA System | Page 399 | 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

  • #7,961
  • Apr 3, 2012 3:56am Apr 3, 2012 3:56am
HSBC this time, with a recommendation to short AUD/CAD at 1.0288 for 1.0050. Stops loss at 1.0410.
This is based on the CAD being better equipped to out-perform the AUD on the back of a US recovery.
The RBA announcement today which hinted strongly at an RBA cut in May of around 25bps .. makes sense to me

AUD/CAD’s at 1.0286


be careful about AUD for long
  • #7,962
  • Apr 3, 2012 4:48am Apr 3, 2012 4:48am
Finally someone has the guts to publish the road map of what will happen to the Euro and Europe in the next 2 years, starting very soon. I agree with every word of this revealing article:

http://www.bloomberg.com/news/2012-0...apart-now.html
Observation is the path to discovery.
  • #7,963
  • Apr 3, 2012 4:49am Apr 3, 2012 4:49am
Quoting DrDave
I'll stick my neck out here and say that it looks to me like USDCAD probably won't make it to the top band unless the band drops quite a bit. I think price is likely to reach only about 0.996 or possibly 0.998, then resume the down move. Check again in about 8-10 hours and see what has unfolded.

DrDave
The USDCAD down move indeed pulled down the top band on H1 to the 0.996 area. It appears the rally is starting on H1. I would like to see M5 come back down to the bottom band to set up a buy.
To free Gazans of Hamas, use whatever it takes.
  • #7,964
  • Apr 3, 2012 4:50am Apr 3, 2012 4:50am
Quoting imbonitore
HSBC this time, with a recommendation to short AUD/CAD at 1.0288 for 1.0050. Stops loss at 1.0410.
This is based on the CAD being better equipped to out-perform the AUD on the back of a US recovery.
The RBA announcement today which hinted strongly at an RBA cut in May of around 25bps .. makes sense to me

AUD/CAD’s at 1.0286


be careful about AUD for long
I agree. AU should reach 0.85 by the end of the year.
Observation is the path to discovery.
  • #7,965
  • Apr 3, 2012 4:58am Apr 3, 2012 4:58am
I went short eu / $ in 3356 ... closed 50% 3344 + 12 pips
I hope to close another 50% if it comes to bottom line
  • #7,966
  • Apr 3, 2012 5:16am Apr 3, 2012 5:16am
RE: USD/JPY. I got myself into a bit of trouble yesterday taking a long without checking 15min TMA Slope which was trending down and I'm now looking for an exit. I'm looking at it now and fast trix has gone green and there looks like there is plenty of uproom for a move up. I'm debating wether to put my tp at Daily PP (82.4) or the opposite H1 band (82.7).

Any thoughts?
  • #7,967
  • Apr 3, 2012 5:22am Apr 3, 2012 5:22am
Quoting los_pipos
RE: USD/JPY. I got myself into a bit of trouble yesterday taking a long without checking 15min TMA Slope which was trending down and I'm now looking for an exit. I'm looking at it now and fast trix has gone green and there looks like there is plenty of uproom for a move up. I'm debating wether to put my tp at Daily PP (82.4) or the opposite H1 band (82.7).

Any thoughts?
When you get in trouble due to a mistake, you should set your TP at BE. You should never try to profit from a mistake. Just accept it and move on.
Observation is the path to discovery.
  • #7,968
  • Apr 3, 2012 5:30am Apr 3, 2012 5:30am
Quoting Xauen
I went short eu / $ in 3356 ... closed 50% 3344 + 12 pips
I hope to close another 50% if it comes to bottom line
Not clear to me you get to the bottom line, close the other 50% in 3342 + 14 pips

In my first real operation in the system Al + 26 pips
  • #7,969
  • Apr 3, 2012 6:01am Apr 3, 2012 6:01am
Quoting Alorente
When you get in trouble due to a mistake, you should set your TP at BE. You should never try to profit from a mistake. Just accept it and move on.
Amen to that!
To free Gazans of Hamas, use whatever it takes.
  • #7,970
  • Apr 3, 2012 6:12am Apr 3, 2012 6:12am
Quoting Alorente
When you get in trouble due to a mistake, you should set your TP at BE. You should never try to profit from a mistake. Just accept it and move on.


It's just under Daily PP so should get there. Will put my SL @ S1 just incase.
  • #7,971
  • Apr 3, 2012 6:49am Apr 3, 2012 6:49am
still long UJ. Anyone else??
Follow me to the Promised Land
  • #7,972
  • Apr 3, 2012 7:03am Apr 3, 2012 7:03am
Quoting xlitang
still long UJ. Anyone else??
I'm currently long U/J.
  • #7,973
  • Apr 3, 2012 7:08am Apr 3, 2012 7:08am
Just noticed this issue with my chart:

When I open the M15 chart, the grey dotted line (The M15 band) is at a different price than when it appears in the H1 window. Is this normal? Maybe it's just me, but I can't work out why the M15 band would appear in different places on different time scales.
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,974
  • Apr 3, 2012 7:11am Apr 3, 2012 7:11am
Quoting By_Tor2114
Just noticed this issue with my chart:

When I open the M15 chart, the grey dotted line (The M15 band) is at a different price than when it appears in the H1 window. Is this normal? Maybe it's just me, but I can't work out why the M15 band would appear in different places on different time scales.
The dotted band replicates the timeframe you are currently on I believe. Doubleclick on it, I think timeframe will be set to current.
  • #7,975
  • Apr 3, 2012 7:15am Apr 3, 2012 7:15am
Quoting FocusedonFX
The dotted band replicates the timeframe you are currently on I believe. Doubleclick on it, I think timeframe will be set to current.
Strange. The other bands remain in the same positions no matter the timeframe I am in.
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,976
  • Apr 3, 2012 7:19am Apr 3, 2012 7:19am
time to get out.
Follow me to the Promised Land
  • #7,977
  • Apr 3, 2012 7:50am Apr 3, 2012 7:50am
GBP taking the most damage from dollar rally. 1 hour tma band is being pulled down from above the 4 hour band.
  • #7,978
  • Apr 3, 2012 7:52am Apr 3, 2012 7:52am
Quoting FocusedonFX
GBP taking the most damage from dollar rally. 1 hour tma band is being pulled down from above the 4 hour band.
Did anyone else find this a tad odd, given that there was a positive news release in favour of Sterling today? I know the pair was a making somewhat of a peak, but I wasn't expecting a drop like that.
In boxing, all the champion's results are visible. In forex, talk is cheap.
  • #7,979
  • Apr 3, 2012 8:05am Apr 3, 2012 8:05am
Can someone advice, Jus to check the eur/aud H1 chart, is this ok to enter SHORT and LONG in 15M? As the it is abt to touch the upper orange band?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2012-04-03 at PM 08.58.31.jpg Size: 156 KB
  • #7,980
  • Apr 3, 2012 8:11am Apr 3, 2012 8:11am
im in +32 pips in eurjpy...

http://i39.tinypic.com/1695hes.jpg

come on guys!!!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
13 traders viewing now