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Extreme TMA System

  • #10,041
  • Apr 27, 2012 3:22am Apr 27, 2012 3:22am
I am long eur/jpy.
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  • #10,042
  • Apr 27, 2012 3:32am Apr 27, 2012 3:32am
Quoting Aj1
I am long eur/jpy.
m15 slope is down, h1 slope is down
i think u went in too early
A good trader follows his rules, but great trader knows when to break them
  • #10,043
  • Apr 27, 2012 3:34am Apr 27, 2012 3:34am
Quoting bassramy
Bearish Evening Star (Evening Shooting Star)

• Direction: Bearish
• Type: Reversal
• Reliability: Strong

EU Evening star on resistance on D1
Thanks for bringing this up. I would appreciate it if you continue to post these candle signals. I use Heiken Ashi and do not get to spot traditional Japanese candles that often.
Observation is the path to discovery.
  • #10,044
  • Apr 27, 2012 3:44am Apr 27, 2012 3:44am
Quoting ill_be_back
m15 slope is down, h1 slope is down
i think u went in too early
au
i have a pending sell limit at 1.03980
A good trader follows his rules, but great trader knows when to break them
  • #10,045
  • Apr 27, 2012 3:44am Apr 27, 2012 3:44am
Hi guys, I cant make TMA work on mt4, I hav read somewhere forex lady had same problem but cant find that thread again? Can anybody give advise ple.
Thank you
  • #10,046
  • Apr 27, 2012 3:47am Apr 27, 2012 3:47am
update moved SL to BE.
  • #10,047
  • Apr 27, 2012 3:53am Apr 27, 2012 3:53am
G'Day Al and other members,

Firstly, I wish to say thanks for all the good trading techniques and points mentioned in this thread to make us a better trader. Because I certainly need it.

Secondly, I wish apologize for asking questions that was answered twice in this forum. I did not do my homework. I started reading this forum from the beginning and it took me 3 week to finished it finally. I can finally begin to demo trade it after I install Metatrader next week. I am new to metatrader so it will be a while before I can post graphs as to entry and exit according to page 1.

So much to take it in, willing to start from the bottom. Thanks for all those who contributed to this thread.

Regards

Kainreaver
  • #10,048
  • Apr 27, 2012 3:55am Apr 27, 2012 3:55am
Quoting ill_be_back
au
i have a pending sell limit at 1.03980
just got triggered, take profit 40 pip
A good trader follows his rules, but great trader knows when to break them
  • #10,049
  • Apr 27, 2012 3:58am Apr 27, 2012 3:58am
Quoting Alorente
Thanks for bringing this up. I would appreciate it if you continue to post these candle signals. I use Heiken Ashi and do not get to spot traditional Japanese candles that often.
Dear Al

Maybe i'm off this thread topic and really sorry for this, but beleive me i'm only trying to benefit all the members with only important and powerful signals as you can see i only post daily signals that means less often but more reliable.

Regards.
Master Your Setup, Master Your self. (NQoos)
  • #10,050
  • Apr 27, 2012 4:03am Apr 27, 2012 4:03am
Quoting Alorente
It gives me great pleasure to introduce a new EA that will handle your Recovery trades automatically. The author is beto21_cwb. For his great work, I have vouched for him and added him to the Extreme TMA Hall of Fame.

Thanks, Beto.
Thanks AL.
USD Est Non Mortuus
  • #10,051
  • Apr 27, 2012 4:09am Apr 27, 2012 4:09am
eur/jpy out at 106.52.
  • #10,052
  • Apr 27, 2012 4:10am Apr 27, 2012 4:10am
Descending triangle
( The descending triangle is the opposite of the ascending triangle in that it gives a bearish signal to chartists, suggesting that the price will trend downward upon completion of the pattern. The descending triangle is constructed with a flat support line and a downward-sloping resistance line.

Similar to the ascending triangle, this pattern is generally considered to be a continuation pattern, as it is preceded by a downward trendline. But again, it can be found in an uptrend.


Figure 3: Descending triangle
http://i.investopedia.com/inv/articl...ngTriangle.gif

The first part of this pattern is the fall to a low that then finds a level of support, which sends the price to a high. The next move is a second test of the previous support level, which again sends the stock higher - but this time to a lower level than the previous move higher. This is repeated until the price is unable to hold the support level and falls below, resuming the downtrend.

This pattern indicates that buyers are trying to take the security higher, but continue to face resistance. After several attempts to push the stock higher, the buyers fade and the sellers overpower them, which sends the price lower.)

Guys Just Notice the similarity of the EURUSD Chart Pattern on D1
Master Your Setup, Master Your self. (NQoos)
  • #10,053
  • Apr 27, 2012 4:20am Apr 27, 2012 4:20am
Quoting ill_be_back
just got triggered, take profit 40 pip
eu short at 1.32199
A good trader follows his rules, but great trader knows when to break them
  • #10,054
  • Apr 27, 2012 4:32am Apr 27, 2012 4:32am
Quoting ill_be_back
just got triggered, take profit 40 pip
nice , good job
  • #10,055
  • Apr 27, 2012 4:38am Apr 27, 2012 4:38am
Quoting ill_be_back
eu short at 1.32199
gu short at 1.62255
A good trader follows his rules, but great trader knows when to break them
  • #10,056
  • Apr 27, 2012 4:51am Apr 27, 2012 4:51am
Good level to shrt the GU On M15 H1 TMA Crossed H4 Down, Slope ranging down waiting for the trix and HA to turn red to short. Been 1 week waiting for this cross finaly its here lets see if the TMA repaints.

Patience And Discipline,Let's Wait And See.[/b]
Master Your Setup, Master Your self. (NQoos)
  • #10,057
  • Apr 27, 2012 4:54am Apr 27, 2012 4:54am
Quoting Alorente
Bob, you and I don´t compete with each other. We stimulate each other. There is a difference...
I like challenges. They give me a goal to shoot for.
  • #10,058
  • Apr 27, 2012 4:57am Apr 27, 2012 4:57am
Quoting ill_be_back
eu short at 1.32199
Kindly Note that its Way too Early to shrt EU,a good level will be Yesterday's High + top of H1 Bnd on M15 high ATR @ 1.3260.

Best Regards,

Let's Wait and see.
Master Your Setup, Master Your self. (NQoos)
  • #10,059
  • Apr 27, 2012 5:01am Apr 27, 2012 5:01am
Quoting bassramy
Kindly Note that its Way too Early to shrt EU,a good level will be Yesterday's High + top of H1 Bnd on M15 high ATR @ 1.3260.

Best Regards,

Let's Wait and see.
i don't think it's going to go to yesterday high
A good trader follows his rules, but great trader knows when to break them
  • #10,060
  • Apr 27, 2012 5:06am Apr 27, 2012 5:06am
Hi there all, I hav asked earlier but nobody responded. I cnt open the templates on mt4. Do I need some specific software to open it or is it mt4?

Appreciate!
Gerhard
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