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Extreme TMA System

  • #8,821
  • Apr 13, 2012 1:10pm Apr 13, 2012 1:10pm
Quoting xlitang
William,

Look like FinFX charge commission as well in addition to spread.
Thanks Xlitang,

I'm a little surprised. Their spreads are already fairly large. Thanks for the info.

William
may you find what you seek and trade what you find
  • #8,822
  • Apr 13, 2012 1:17pm Apr 13, 2012 1:17pm
Quoting faxxion
Thanks Xlitang,

I'm a little surprised. Their spreads are already fairly large. Thanks for the info.

William
Here is demo account screen print. the bottom profit is less than profit above.
Attached Image (click to enlarge)
Click to Enlarge Name: finfx.PNG Size: 105 KB
Follow me to the Promised Land
  • #8,823
  • Apr 13, 2012 1:19pm Apr 13, 2012 1:19pm
Quoting xlitang
Here is demo account screen print. the bottom profit is less than profit above.
Does your 'Account History' show commissions?
may you find what you seek and trade what you find
  • #8,824
  • Apr 13, 2012 1:23pm Apr 13, 2012 1:23pm
Quoting faxxion
Does your 'Account History' show commissions?
chat with support

xin | 13:21
do you charge commision?

13:21 Joni has joined the chat.

Joni | 13:21
Hi Xin. Yes, on ECN type accounts. On other accounts there are no commission fees.

xin | 13:23
other account is the spread is higher??

Joni | 13:23
Yes, the spread is higher.
Follow me to the Promised Land
  • #8,825
  • Apr 13, 2012 1:35pm Apr 13, 2012 1:35pm
Quoting xlitang
chat with support

xin | 13:21
do you charge commision?

13:21 Joni has joined the chat.

Joni | 13:21
Hi Xin. Yes, on ECN type accounts. On other accounts there are no commission fees.

xin | 13:23
other account is the spread is higher??

Joni | 13:23
Yes, the spread is higher.
Good to know. Thanks.
may you find what you seek and trade what you find
  • #8,826
  • Apr 13, 2012 1:59pm Apr 13, 2012 1:59pm
Quoting railman
Thank you Al. I have been looking at your past charts. I will watch closely and try to learn from your experience. I believe I have my previous chart pics fixed also.

Matthew
Matthew, below is a chart were I have marked the four instances where you could have entered a trade using RSI trendlines. Each trendline is matched in color by same color vertical line. All trades are entered on successful retest of the broken trendline. The Red trendline is invalid because the retest broke through the trendline and thus that trendline is no longer tradable. You should simply delete it.

Let me know if you have questions.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd trendlines.jpg Size: 157 KB
Observation is the path to discovery.
  • #8,827
  • Apr 13, 2012 2:09pm Apr 13, 2012 2:09pm
this really helps me Al; thanks; please continue to post rsi.

Steve
  • #8,828
  • Apr 13, 2012 2:17pm Apr 13, 2012 2:17pm
Great article by The Wall Street Journal.

http://blogs.wsj.com/marketbeat/2012...-the-eurozone/
Observation is the path to discovery.
  • #8,829
  • Edited 2:44pm Apr 13, 2012 2:32pm | Edited 2:44pm
Quoting stevewide
this really helps me Al; thanks; please continue to post rsi.

Steve
Oops... I forgot a trade. The White one.

Realize that in the case of the White and the Blue trendlines, you will have both of them drawn at the same time. The White breaks first and you take that trade. The Blue breaks later and you take that one then.

Also, even though you have a viable trade with the trendline system, I would not enter the trade until I see Fast Trix flash the correct color for confirmation. Green for Long and Red for Short.

Exits from these trades can be done at color turn of Heiken Ashi candle, and several other ways. My favorite is when Fast Trix changes color.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd trendlines.jpg Size: 160 KB
Observation is the path to discovery.
  • #8,830
  • Apr 13, 2012 3:22pm Apr 13, 2012 3:22pm
took this demo h4 gold short. got in a little late but did not want to short directly into pivot , waited for break of FPV then m15 pullback and enter on 2nd break FPV, 1st red m15 candle. H1 bands at top of h4 bands.

1st target 50% ret of prev move ,dashed green uptrend line.

any comments wouls be appreciated Al

thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4_hour_gold_short.png Size: 72 KB
Click to Enlarge Name: m15_GOLD_Short_entry.png Size: 57 KB
  • #8,831
  • Apr 13, 2012 3:28pm Apr 13, 2012 3:28pm
Quoting abqkidd
took this demo h4 gold short. got in a little late but did not want to short directly into pivot , waited for break of FPV then m15 pullback and enter on 2nd break FPV, 1st red m15 candle. H1 bands at top of h4 bands.

1st target 50% ret of prev move ,dashed green uptrend line.

any comments wouls be appreciated Al

thanks
Solid method of entry. Looks good overall. It still has a lot of pips to run.

I believe it will retest the lows. Donīt exit until you have a Blue Heiken Ashi CLOSE or a Green Fast Trix Close..
Observation is the path to discovery.
  • #8,832
  • Apr 13, 2012 3:37pm Apr 13, 2012 3:37pm
Hi Al, why are new templates ? the old one is not working anymore ? What are rules of the new templates with RSI ?
  • #8,833
  • Apr 13, 2012 3:39pm Apr 13, 2012 3:39pm
Quoting Alorente
Solid method of entry. Looks good overall. It still has a lot of pips to run.

I believe it will retest the lows. Donīt exit until you have a Blue Heiken Ashi CLOSE or a Green Fast Trix Close..
Thanks for that feedback Al,
blue Heiken Ashi ,green FastTrix for exit. I did not even take those into account. I agree with testing lows
  • #8,834
  • Apr 13, 2012 3:41pm Apr 13, 2012 3:41pm
Quoting Peepo
Hi Al, why are new templates ? the old one is not working anymore ? What are rules of the new templates with RSI ?
You can continue to use the other templates. I have been teaching a lot of RSI trading methods the past couple of weeks and I decided to include that template since there are a lot of members who like the RSI methodology.

You can catch up on the posts if you are interested.
Observation is the path to discovery.
  • #8,835
  • Apr 13, 2012 3:46pm Apr 13, 2012 3:46pm
one more thing, why it appear another Currency Pair, with the template ? something wrong with my PC or the template ?

Best regards
Attached Image (click to enlarge)
Click to Enlarge Name: eural.png Size: 214 KB
  • #8,836
  • Apr 13, 2012 3:49pm Apr 13, 2012 3:49pm
Quoting Peepo
one more thing, why it appear another Currency Pair, with the template ? something wrong with my PC or the template ?

Best regards
It will automatically fix itself the next time you open MT4. You donīt have to do anything.
Observation is the path to discovery.
  • #8,837
  • Apr 13, 2012 3:49pm Apr 13, 2012 3:49pm
Quoting Alorente
You can continue to use the other templates. I have been teaching a lot of RSI trading methods the past couple of weeks and I decided to include that template since there are a lot of members who like the RSI methodology.

You can catch up on the posts if you are interested.
OH ok thanks!, i will try the first template in the next week first, yes very interesting thread, this system reminds me bertrayed system do know about it ?
  • #8,838
  • Apr 13, 2012 3:50pm Apr 13, 2012 3:50pm
Quoting Alorente
It will automatically fix itself the next time you open MT4. You donīt have to do anything.
Yes, it works, ty. =)
  • #8,839
  • Apr 13, 2012 3:52pm Apr 13, 2012 3:52pm
Quoting Peepo
OH ok thanks!, i will try the first template in the next week first, yes very interesting thread, this system reminds me bertrayed system do know about it ?
Never heard of it.
Observation is the path to discovery.
  • #8,840
  • Apr 13, 2012 3:57pm Apr 13, 2012 3:57pm
Al, can i please ask you about my MM.

if i have 600 US$ with 100:1 leverange.
it means i have to set my first order with 0.03 Lot, or 0.3 Lot

how do i know if i have Lot, miniLot or microLot ?

my broker is with 5 digits.

The first image is based on the xls in packet.zip.

The second image is my plan for this week, i risk 5%, and the next week specting to risk 1.5%. Do you think i am doing right the formulas ?

Thankyou very much in advance.
Attached Image (click to enlarge)
Click to Enlarge Name: week2.png Size: 17 KB
Attached Image
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