Cable trade closed out +33, on the price hitting bottom of the 15m band.
Aj1
Aj1
Hennis Extreme TMA System 98 replies
Happs with TMA Trading Journal 25 replies
TMA Reality Tour 114 replies
MTF TMA 287 replies
SnakeForce - simple TMA with alert? 3 replies
Disliked...We learn our comfort zones, they are not innate. Comfort comes from practice and success and that's why I wanted to be clear on the real levels of risk in the Recovery..., and more importantly, how often it goes how deep...
So, E.E.Man, you ask how I would manage it...It will all depend on the day, wind direction, and other stuff.
LeeIgnored
DislikedCable trade closed out +33, on the price hitting bottom of the 15m band.
Aj1Ignored
DislikedCable trade closed out +33, on the price hitting bottom of the 15m band.
Aj1Ignored
DislikedCable trade closed out +33, on the price hitting bottom of the 15m band.
Aj1Ignored
DislikedEURUSD
...this market is really still range-bound and not in a defined trend yet.Ignored
DislikedHello Aji
When you took this trade, TMA slope 15m was -0.5? or you took the trade because the price was above the band onyl?
Thanks
JoseIgnored
DislikedBassramy,
Could you please clarify this? How are you defining "this market"? By the daily, weekly, monthly, or maybe something totally different? I see the H4 is in a definite uptrend. Also, I posted previously that the EURUSD is in a leg2 rally on the weekly. That makes it in an uptrend. Oh, but wait a minute, if it is a leg2 rally, then it must be in a downtrend on the monthly. See my point here?
DrDaveIgnored
DislikedI'm just analyzing the PA on the daily Timeframe... P.S. Kindly note that I don't know @ which leg 1 or 2 are u talking about or which system or set up you use.Ignored
DislikedOK, you're talking the daily chart shows a range bound market.
Well, put 10 traders in a room and ask for the market direction and you'll get 11 answers.
I was referring to my post here
http://www.forexfactory.com/showthre...75#post5619575
showing the weekly and daily.
Because I see the weekly in a retracement rally, I consider that an uptrend. Then I look for the daily legs that comprise this weekly rally to find the up moves to buy into. The weekly is such a big chart that the legs on the daily can be traded in both...Ignored
DislikedDrDave,
I'm not refering to the extreme TMA system I'm just making a clean PA analysis, anyway i read your post and i totally agree of the analysis put i will be a little cautious about using the TMA System on D1 and W1.
TankxIgnored
DislikedI'm just analyzing the PA on the daily Timeframe and as we can see the price is stuck between the 1.29930 support and 1.3308 resistance range, until we see a clear break of these 2 levels i will be considering The EU in range bound market .
P.S. Kindly note that I don't know @ which leg 1 or 2 are u talking about or which system or set up you use.
Thank u for ur comments.Ignored
DislikedAmir Forex's bullish bat pattern has entered the buy zone:
http://www.forexfactory.com/showthre...41#post5610541Ignored