Extreme TMA System

sorry is belkhayate system

its about a year a was not trading, and confuse the name.

Nice that you liked my idea Al, if you notice todays EUR and GBP drops were preceded by 4 hours divergences.

Greetings

so big Al! correct me if im wrong!

i was testing your 200EMA method in GBP/USD 1D chart and right after th 200th candle there is a blue one and then starts a big FALL of GBP/USD!!

are we facing a tremendous fall off GU next days??

what do you think about that?

Could you please help me posting a chart with explanation im so sorry for bothering you but im kind of confused with that method!

Dear Frank - DONE! I have one question - there are no PROFILES in the Packet.zip.
I have MT4 - 416 now.

Please continue

Thank you and best regards )))

Mike

Ps. Greetings to Al and all users contributing to this fantastic thread

Al, whats your advice for entry point for those who didnt short e/u yet ?

Tks,

J.O

Hi Mike,

Glad to hear that you have build 416 of MT4. If you haven't gotten an updated version of 'packet.zip' recently, please do so, since it was just updated today?!

Profiles were distributed in the first few versions of 'packet.zip,' but they are no longer provided. You can build your own, depending on how you want to display your charts, monitor size, etc. The currency pairs that were traded (as well as the default currency pairs in the Dashboard) are the following: AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF and USD/JPY. I create a separate profile for the Dashboard and a separate profile for each of the currency pairs that I want to follow. The Dashboard can be adjusted as necessary.

If you have any more questions or concerns don't hesitate contacting this thread. This system has evolved so quickly, that the a good portion of the posts are out-dated.

Attached are some PDF files that you might find benefical!

Good Luck,
-Frank

Dear Mr.Al :

as #8826_eurusd_RSI chart, which you are mention about :

is it a kind of analysis method for prepare trading ?

or is it belong to EX TMA system trading ?

or is it another alternative trading way ?

We can see it follow the RSI analysis method, to do BUY & SELL

kindly regards,

SCOTT-ibm
~~~~~~~~~~

Very interesting thesis

" Professor Joseph Stiglitz’s thesis may hold true:

The cost for Germany will be so high that it is Germany that will leave the euro first. "

dear Al :

about #8787 :

Does GBPUSD complete 1-2-3 breath pattern on Friday ?? GBP chart attached ~~


" What this drop is doing is correcting the little bit of a rise the 200 had from yesterday´s move and bringing it back to the correct angle of descent. That´s why it is getting a jump start of a few hours. Hopefully, Monday will bring in a lot more pips and a break of the neckline. "

Ive done a compilation of Al's posts that I feel are significant. The PDF is currently 65 pages long. There are a few other members posts in there such a nanningbob. DrDave, Ever E Man, etc., but it is 99% Al's posts.

This may help some of the new traders get up to speed on what I believe to be significant points from Al without having to read almost 9000 posts currently.

This was also done in the beginning of this thread by another member I believe his name was "flaw". I have attached his two volumes to this post for easier access. He gets full credit of course for those earlier volumes. He did an excellent job cataloging Al's earlier teachings. These new notes pick up where his left off.

This version "ExtremeTMA Al's Notes 1b.pdf" covers many topics (start post #6048 end post #8831);

1. Market breathing system - 1 2 3 then test move
2. How the M15, H1, and H4 channels work with each in a synergistic manner.
3. How Al uses Cavemanager EA to manage his trades
4. Al's comments on patience and why you need it.
5. Money Management and how you should establish a maximum for your account
6. Why he places an emergency stop loss at -100pips and then initiates Recovery when he chooses.
7. Stop Loss hunting during the Asian session and what to do about it.
8. Switching to lower time frames before initiating a trade.
9. Visualizing trades before they happen and when to act.
10. Moves with energy relating to his 1 2 3 Breathing System
11. Support/Resistance levels and how they relate to Fibonnaci Retracement levels of 38% and 50%
12. Comments on High Leverage.
13. Uncertainty and staggering entrances.
14. Recovery - When to use it and when to steer clear. To profit or BE from Recovery.
15. Nanniingbob (Recovery Primary Contributor/Creation) comments on Recovery.
16. M5 trending guidelines.
17. M5 general trading (besides trending). "Old West Gun Fight". How he got 33 wins in a row.
18. M5 Money Management
19. Trading against higher time frames trends or not.
20. H4 time frame - worth trading or not?
21. H1 slope values of -0.25 to +0.25 testing results.
22. Trading for small profits and "Big Bucks" and "Big Moves".
23. Personality and Trading Systems.
24. Trends and Heikin Ashi D1 bar.
25. Al's use of the "Box System".
26. Missing a move and getting in at a breakout and Adding to your long term position with a trailing stop loss.
27. Focus, Specialization of currency pairs/investments
28. EUR/USD follows the #EPU1 (S&P500) - implementation.
29. RSI trading techniques - When to enter and exit. Breaking the trendline/testing the trendline. Also, use of H4 RSI and trendlines.
30. Volatility and using appropriate time frames.
31. Defining a long term trend.
32. Analyzing pairs through multiple time frames.
33. Trading Forex successfully - Macroeconomics, Technical Analysis, Fundamentals, Timing etc.
34. Coral and the 200SMA - How they relate to each other. How to predict change in 200SMA and Coral for future market predictions.
35. The reverse "Italian Boot" continuation pattern. What is it and what does it signify?

The "Al's Wisdom Volume 2" covers many topics as well (start post #3094 to end post #5961) ;

1. The Eternal Rules of Trading - 25 Rules of Trading.
2. Extreme TMA with tight stop losses warning.
3. Percentage of time price hits the opposite band.
4. Three bar stall at TMA center line exit, pullback, reenter.
5. Further over the band, higher the success.
6. Trader discretion entering price after testing S/R.
7. Round numbers - Entry/Exit, S/R
8. "Risk On" / "Risk Off" trading environments - How it affects prices and trading.
9. 30 Pips against you go for BE
10. H4 trading - skip rule 4, wait for Heiken Ashi candle
11. Price outside the band - no S/R being tested.
12. Trending Strategy using TMA Slope indicator.
13. Read News or use VIX for "Risk On" Risk Off" environment determination.
14. Trading long steady trend using pullbacks to center line of bands.
15. Heiken Ashi Essential Principles - 4 characteristics to help stay in trends.
16. RSI - Three most important ways to use
17. Scalping - Direction of M15 Trend. S/R Levels considered or no?
18. M5 scalping test results using Dashboard.
19. Taking smaller gains or waiting ?
20. Heiken Ashi - turn blue and close before entering 5M long ?
21. TMA Slope indicator steeper slope results. What happens when starting to level off ?
22. "Cool trade method" - Buy 1 lot Sell 1 lot.
23. Why USDJPY and EURGBP when using "Cool trade method" ?
24. Scalping on higher time frames.
25. Highest win percentage achieved by ?
26. Consideration - Possible reduce TMA Slope indicator Range Zone to -0.40 to 0.40 ?
27. M1 trading - Using 15M TMA slope to aid.
28. 80% win rate with a 20 pip stop loss - achievable ?
29. M5 - Gradual steps, price moves in your direction, BE stop, then 1/2 take profit, then let rest run to H1 band.
30. Al - Which pairs do you use to trade ?
31. USDX chart - Where can I find it ?
32. Longer time frames - Change ATR Multiplier to touch all swings.
33. TMA Slope Indicator - Crosses zero predicts move in directions it crosses.
34. Simple H1 THV Method - Easy way to confirm your Extreme TMA entries
with the THV4 system
35. MTF TMA - By analyzing the interrelationship of the 3 TMAs, you can anticipate the next move of the market
36. ATR Optimize - High Atr pairs (Over 70) and another for Low Atr pairs (Under 70)
37. Changes to the Extreme TMA System - March 18, 2012
38. H1 and H4 bands coincide - 100+ pips trades.
39. Dashboard M15, H1 and H4 all flash BUY or SELL.
40. Exit when the Fast Trix begins to turn color. Not before
41. Fast Trix turns color, I close.
42. Strong rally - Use Fast Trix color change or Heiken Ashi color change for exiting.
43. Look for the pairs that were the weakest during the last rally. Those will fall the hardest on the way back down
44. In H4 you can lose many pips waiting for color change.


The "Al's Wisdom Volume 1" includes these topics (start post #108 to end post #2962);

1. Trading EUR then keep eye on USD pairs - why ?
2. Introduction to Recovery Trades with document .doc
3. Pick the good trades - Extreme TMA ideal characteristics.
4. Trading on the right side of TMA. Don't fight the flow.
5. Most profitable trades - TMA steep rise then turn sideways.
6. Heiken Ashi candles benefits - Watch for the Tails / no Tails.
7. Market moves against you, price hits center line of TMA, TP goes to BE
8. Important to note PA of opposite band distance when trade entered. Less than 30 pips, steer clear.
9. Included Expert Adviser (EA) comments and there operation.
10. Scalping Strategy with the EA´s
11. Dual Method - Longer time frame trade while using lower time frame for scalps.
12. Price ranges 70-80% of the time - How this relates to Extreme TMA.
13. Tip: Heiken Ashi candle turns Red then stalls, take 8-10 pip profit and "run for the hills"
14. 70% of pairs double top before retreating.
15. Scraping pips important - do twice a day, add +400 pips for the month.
16. What to do if price stalls at center line for 2 candles ? What to do if price crosses center line on first or second candle ?
17. 200SMA and 55 EMA Triple Exponential (Coral). Significant.
18. Two fantastically accurate formations.
19. Analyze other time frames for ease of mind.
20. SL - place above the previous high (Short) or below the previous low (Long), not just an arbitrary number of pips
21. H1 time frame for new traders, consistent, more relaxed.
22. 1 minute time frame (1M) trading techniques using 4 rules TMA.
23. Trigger is when you touch the resistance or the support line
24. Always keep an eye on what other similar pairs are doing before entering a trade. Common pairs are joined at the hip. They are wagons of the same train
25. Always have a plan B, C, etc. That eliminates stress. "When in doubt, get out".
21. Trade demo until you know for a fact that you can average 20%/month.
22. S/R levels far apart, "I sometimes trade without rule 4".
23. Lower volatility pairs you can settle for bands being less than 30 pips apart.


Special thanks to our host Alorente.

Hope this helps.

Best regards.

EDIT - Added "Al's Wisdom Volume 2" Table of Contents.
EDIT - Added "Al's Wisdom Volume 1" Table of Contents.

Thank you for updating all this and posting it. I guess people only need to read through the first 6000 post's now!

It sounds like our friend Al should consider a paperback, "trading according to Al"

I've only read a little of the thread but it's obvious Al has spent a LOT of time here teaching everyone his method's and tricks, hat's off to you sir

Buena Suerte Al y todos

Hi Jayjon,

Your very welcome.

As far as reading the first 6000 posts, people can do that too but a good starting point would be the other two attachments "Al's Wisdom" volumes one and two from the user "flaw" that are attached to my prior post.

Wishing you well.

Best regards.

Al,

Do you still take trades on low time frames like M5 or are you switching to more long term stuff?

Al,

Just wanted to say thanks for sharing your method. I'm kind of stunned because it's freakishly similar to a system I've been working out in demo myself, from the multi-timeframe channels, trendline analysis on my momentum indicator, right down to the waves or "breathing" - 3 moves up or down around the slower moving average, but my channels have been built primarily around trend line channels rather than TMA.

I'm sure this is will save me some refinement effort.

cheers
f451

Hi Riddermark, Thanks for posting these. As a newbie to fx and a person who found this thread only few weeks back, the info that's there in the 3 pdf files are going to be simply invaluable. It'll save me lot of trouble and having to go through 9000 posts... Thanks again ! Cheers..

Darshana.

It depends how it opens Sunday night. I will post my opinion of entry by Monday.

This system has nothing to do with Extreme TMA. I introduced it to show how I traded for many years before the TMA system. You can use it for confirmation of your Extreme TMA signals. I have many other systems that I have developed over the years, but I will not talk about them in order not to confuse everyone.

No. That is not a 1-2-3-Test pattern. I believe the move we just had is the Second Breath of a 1-2-3-Test move on the H1 chart. Each major breath is composed of three small breaths and a test. I have numbered in Large the major breaths and with small numbers the small breaths of each leg.

Hola AL buenos dias a partir de ahora suprimes el 15 tf para operar solo en tf de 1h ?piensas que es mas rentable que el de 15 m .Crees que el rsi da mas informacion que el slope ? el tf de 4 h y 1 dia con tma es rentable ? gracias y un saludo

Fantastic work, Riddermark. I can tell you have spent many hours following what we have talked about here. If I ever decide to write a book (I´ve had a couple of offers from publishers), this will be a great outline for me.

I am adding your name as well as flaw´s to the Hall of Fame.

Thanks a lot.