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Extreme TMA System

  • #9,201
  • Apr 17, 2012 4:10am Apr 17, 2012 4:10am
Al, would like your opinions on the current e.u situation. Are you still convinced of the euro downfall? Is the current Major Breath(MB2) and the following still occurring in your opinion?
  • #9,202
  • Apr 17, 2012 4:11am Apr 17, 2012 4:11am
Quoting surfandi
to everybody who teach in this great thread!
i tried to make an little indicator...
maybe some people like it?
Thank you very much, surfandi. I love this indi because it shows the line also through the Trix and the RSI.
Observation is the path to discovery.
  • #9,203
  • Apr 17, 2012 4:19am Apr 17, 2012 4:19am
Today is a critical day to determine EurUsd direction. The 200th bar and the 60th bar on the H4 chart both indicate a steep fall upcoming. The Daily RSI trendline is still unbroken. and Price is still under Coral on the Daily. We have a divergence between Trix/RSI and Price. The weekly still looks very bearish with Coral having crossed the 200 MA and Fast Trix about to cross Slow Trix. The 200th bar indicates a Bear future. Also a bullish divergence has not yet formed on RSI so a test of the bottom is extremely likely. I still strongly feel that what we are getting now are shakeouts that precede the fall that I have been anticipating.

I´m holding all my shorts.
Observation is the path to discovery.
  • #9,204
  • Apr 17, 2012 4:20am Apr 17, 2012 4:20am
If you look at the 4hr chart and draw a trend line downwards on the previous two peaks, it seems that price is currently testing that. If it breaks through I might be tempted to get out and look at getting in again if price goes sub 1.31.
  • #9,205
  • Apr 17, 2012 4:26am Apr 17, 2012 4:26am
Quoting Alorente
Today is a critical day to determine EurUsd direction.
Hi,
France is on the eve of presidential elections. The first tour takes place next Sunday. Maybe president's change. The socialists are expected to win in the soundings... EU risk of moving after the result of these elections a lot...

Belle journée
jf
  • #9,206
  • Apr 17, 2012 4:34am Apr 17, 2012 4:34am
Quoting Alorente
Today is a critical day to determine EurUsd direction. The 200th bar and the 60th bar on the H4 chart both indicate a steep fall upcoming. The Daily RSI trendline is still unbroken. and Price is still under Coral on the Daily. We have a divergence between Trix/RSI and Price. The weekly still looks very bearish with Coral having crossed the 200 MA and Fast Trix about to cross Slow Trix. The 200th bar indicates a Bear future. Also a bullish divergence has not yet formed on RSI so a test of the bottom is extremely likely. I still strongly feel that...
Thanks, always happy to hear your views on the current situation on things every now and then!
  • #9,207
  • Apr 17, 2012 4:34am Apr 17, 2012 4:34am
set up a visual MT4 layout to try faxxion lazy trading on demo, should be interesting, Also Thanks Al, your little gems of insight have transformed the way I look at Forex, really helping me see the trades in the context of the bigger picture.

Best wishes to you and your Mum.
Attached Image
  • #9,208
  • Apr 17, 2012 4:37am Apr 17, 2012 4:37am
Symmetrical Triangle is forming on the EURUSD D1 usually the break occur in 2 /3 the way we are in the 1/2 way so patient and observation is required.
Master Your Setup, Master Your self. (NQoos)
  • #9,209
  • Edited 5:03am Apr 17, 2012 4:52am | Edited 5:03am
Here's one of the first test I've run of my new EA which is tested with tick data on EUR/USD from Jan 2011 - April 2012. 99% modeling quality.

If you guys have any EA's that need to be tested, id be more than happy to give you the results. As I mentioned in an earlier post, to properly test an EA you must use tick data.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TesterGraph.jpg Size: 34 KB
Click to Enlarge Name: 99.jpg Size: 142 KB
USD Est Non Mortuus
  • #9,210
  • Apr 17, 2012 5:01am Apr 17, 2012 5:01am
Attached Image (click to enlarge)
Click to Enlarge Name: 15min eur usd.jpg Size: 357 KB


RSI divergence on the 15 min eur/usd chart. I hope the move up is exhausting.
  • #9,211
  • Apr 17, 2012 5:03am Apr 17, 2012 5:03am
Quoting biganc
Attachment

RSI divergence on the 15 min eur/usd chart. I hope the move up is exhausting.
There is divergence (RSI and Trix) on the H1 chart also.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.jpg Size: 150 KB
Observation is the path to discovery.
  • #9,212
  • Apr 17, 2012 5:06am Apr 17, 2012 5:06am
Not a good night for trading lazy. When I went to bed the 6 pairs were up 115 pips. When I woke up 4 pairs had been stopped out for 30 pips loss each. The other 2 were down about 15 pips each. Total -150 pips.
may you find what you seek and trade what you find
  • #9,213
  • Apr 17, 2012 5:06am Apr 17, 2012 5:06am
Nice one hour bar at trend line!
Attached Image
  • #9,214
  • Apr 17, 2012 5:16am Apr 17, 2012 5:16am
nice pinbar and divergence on usd index...
Attached Image (click to enlarge)
Click to Enlarge Name: uad 1h.png Size: 60 KB
  • #9,215
  • Apr 17, 2012 5:29am Apr 17, 2012 5:29am
Dear William :

It is record breaking at Extreme TMA for your Pip 1200 point, EA testing,

question from one of Our Taiwan TMA Team members :

How do you predict, and setting the entry point for SELL/BUY at each currency pairs of 24 pairs ??

My member said that your entry point setting is highly skill for us,
to new trader, it is difficulty to setting a good entry point at EA, and let it go, running on daily office time, no need to take care of it, if you really do not care its result of TP/SL ??




Best regards,

SCOTT-ibm
~~~~~~~~~~
  • #9,216
  • Apr 17, 2012 5:51am Apr 17, 2012 5:51am
Quoting eltax100
set up a visual MT4 layout to try faxxion lazy trading on demo, should be interesting, Also Thanks Al, your little gems of insight have transformed the way I look at Forex, really helping me see the trades in the context of the bigger picture.

Best wishes to you and your Mum.
I can not open the picture. Anybody else?
'the quieter you become, the more you are able to hear' - Ram Dass
  • #9,217
  • Apr 17, 2012 5:59am Apr 17, 2012 5:59am
Quoting Alorente
This article takes for granted that long term money likes the playing conditions for the euro currently. The writer doesn´t know that. I am very skeptical of what he says. The euro is in danger and "long term" money knows that as well as short term traders do.
Yep.
Long term views are the most impossible to predict.
We can guess it, not predict it.
Some one will lose some other will win
  • #9,218
  • Apr 17, 2012 6:17am Apr 17, 2012 6:17am
Quoting dorellino
Yep.
Long term views are the most impossible to predict.
We can guess it, not predict it.
Some one will lose some other will win

Hi derellino,.

I think you and Al are right,.
and I do agree with you,.

wish you all luck
  • #9,219
  • Apr 17, 2012 6:28am Apr 17, 2012 6:28am
is AUDUSD good for short??
Follow me to the Promised Land
  • #9,220
  • Apr 17, 2012 6:34am Apr 17, 2012 6:34am
hello Al,
I have a question about recovery, i read the pdf but i need a clarification:
If i'm short and price goes against me 100 pips but the conditions are not yet correct to enter a trade in recovery,What should i do? Wait for the conditions or take a loss?
Another point: 100 pips are a personal choice or depends On which tf you trade or what currency you trade?

Thank you
Sabrina
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