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Extreme TMA System

  • #10,861
  • May 21, 2012 8:52am May 21, 2012 8:52am
Quoting Mr C
Just hit this link http://screencast.com/t/uyNSRH7A41u

My template is using some aditional indicators not from the TMA system, I will wait and if it`s ok whit Al I will post them.

PS: for some reason the drop down will not have the First indicator`s data selection press any other one close it open it up again and then select First indicator`s data
Can anyone tell me how to add the center line and ma12 to the second window?? THe vid still doesnt explain it and it still adds the indicator to the main chart..

EDIT: nvm figured it out lol
  • #10,862
  • May 21, 2012 10:09am May 21, 2012 10:09am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting Dyekid217
Can anyone tell me how to add the center line and ma12 to the second window?? THe vid still doesnt explain it and it still adds the indicator to the main chart..

EDIT: nvm figured it out lol
Here you go:
http://screencast.com/t/v7CVWzQxz
PC,
Of all the things I've lost I miss my mind the most .
  • #10,863
  • May 21, 2012 11:44am May 21, 2012 11:44am
I just wanted to thank the author of this fine strategy for sharing his ideas with all of us. I've only been trading the setup for a short while, but have had great success with it. The entries, stops and targets are crystal clear before entering a trade and I haven't accomplished that with any other trading methodology. I've been trading for many years and finally found a method I'm most comfortable with.
Thanks again.
  • #10,864
  • May 21, 2012 1:29pm May 21, 2012 1:29pm
Quoting ds2007
I just wanted to thank the author of this fine strategy for sharing his ideas with all of us. I've only been trading the setup for a short while, but have had great success with it. The entries, stops and targets are crystal clear before entering a trade and I haven't accomplished that with any other trading methodology. I've been trading for many years and finally found a method I'm most comfortable with.
Thanks again.
I appreciate your comments and I´m glad you are able to use the system successfully.
Observation is the path to discovery.
  • #10,865
  • May 21, 2012 1:31pm May 21, 2012 1:31pm
Watch out for this on Wednesday. Any announcement of any kind of agreement on Eurobonds, will send the EurUsd soaring. It is not probable, but it can happen.

http://www.telegraph.co.uk/finance/f...eurobonds.html
Observation is the path to discovery.
  • #10,866
  • May 21, 2012 1:52pm May 21, 2012 1:52pm
Quoting Alorente
Watch out for this on Wednesday. Any announcement of any kind of agreement on Eurobonds, will send the EurUsd soaring. It is not probable, but it can happen.

http://www.telegraph.co.uk/finance/f...eurobonds.html
It is very interesting. but looking at the charts, we are now targeting a small rebound that closes the gaps right??

or you mean that with any agreement instead of a rebound we can have a change in trend?
  • #10,867
  • May 21, 2012 2:00pm May 21, 2012 2:00pm
Quoting Markillo
It is very interesting. but looking at the charts, we are now targeting a small rebound that closes the gaps right??

or you mean that with any agreement instead of a rebound we can have a change in trend?
I am focused on a rally to 1.30 - 1.31 BUT I´ve been saying for a year that Eurobonds would mark the end of the Euro crisis. It is the silver bullet that the EU should use when at the edge of the cliff. I would say the current situation qualifies for the edge of the cliff, but maybe they will let Greece go and wait for Spain to be on the edge before they pull this rabbit out of the hat. Either way, if it happens, I predict a quick and sudden end to the crisis andthe Euro would retur to the 1.40s. Please, note that Germany is totally opposed to this, since it would increase their borrowing costs from 1.5% to probably 3 1/2% with Eurobonds. It´s a big price to pay.
Observation is the path to discovery.
  • #10,868
  • May 21, 2012 3:14pm May 21, 2012 3:14pm
It's an odd time, every major country wants a weak currency and to this end Germany needs the PIIGS. BOJ and SNB are determined to keep their currencies weak enough to help exports and if Germany loses the weak economies you can forget buying German goods. Merkel is walking a fine line but a return to the Deutschmark or even a strong Euro would hurt Germany and any other country remaining with the Euro.

In a race to cross the finish line last it's good to have Greece on your team.
"The more I practice the luckier I get." Gary Player
  • #10,869
  • May 21, 2012 4:28pm May 21, 2012 4:28pm
thanks for the explaination MrC i normally add a position after i have entered a trade outside the bands of about 20 pips where it goes against me as i only trade with the trend and i don't use a stop. ever since i have done this i seem to end up on the winning side of the trade with no loses . no doubt one day i could pay dearly but i do moniter the trade and if it does go against me sharply i'd get out. so far so good Al's method is a winner.
Evo
  • #10,870
  • May 21, 2012 4:43pm May 21, 2012 4:43pm
Quoting Alorente
Watch out for this on Wednesday. Any announcement of any kind of agreement on Eurobonds, will send the EurUsd soaring. It is not probable, but it can happen.

http://www.telegraph.co.uk/finance/f...eurobonds.html
Quoting Alorente
I am focused on a rally to 1.30 - 1.31 BUT I´ve been saying for a year that Eurobonds would mark the end of the Euro crisis. It is the silver bullet that the EU should use when at the edge of the cliff. I would say the current situation qualifies for the edge of the cliff, but maybe they will let Greece go and wait for Spain to be on the edge before they pull this rabbit out of the hat. Either way, if it happens, I predict a quick and sudden end to the crisis andthe Euro would retur to the 1.40s. Please, note that Germany is totally opposed to this,...
Very interesting stuff AL thanks for Wednesday warning too
  • #10,871
  • May 21, 2012 5:54pm May 21, 2012 5:54pm
hey guys just had an idea.. is there any way someone can code a histogram out of the 12 ma and the middle band crossover??

also maybe a 14 ma would work better.. i applied it to my charts and the crossover is much clearer and has less periods where the ma and middle band are "hugging" each other
  • #10,872
  • May 22, 2012 2:08am May 22, 2012 2:08am
Japan´s bond bubble explosion. It´s just a matter of when.

http://www.bloomberg.com/news/2012-0...ble-grows.html
Observation is the path to discovery.
  • #10,873
  • May 22, 2012 4:27am May 22, 2012 4:27am
Daily Read,
Fundamentals :
http://www.ft.com/intl/markets/currencies
http://www.forexfactory.com/news.php?do=news&id=363526
http://www.forexfactory.com/news.php?do=news&id=363525
http://www.bloomberg.com/news/currencies/
http://online.wsj.com/public/page/ne...s-trading.html

Summary Fundamentals : - expectations of additional BOE stimulus.
- the market focused on Wednesday's meeting of European Union leaders.

Technicals : - Pound at Risk as Inflation Slows, Yen Falls as Sentiment Recovers
- Euro Steadies, Yen Dips, Aussie Gets a Break.

Calendar : - US Existing Home Sales @ 14:00 GMT

Daily Trading Wisdom:
"Your emotions are often a reverse indicator of what you ought to be doing. -John F. Hindelong "

Have a nice profitable Day.
Master Your Setup, Master Your self. (NQoos)
  • #10,874
  • May 22, 2012 5:49am May 22, 2012 5:49am
Dyekid217 n kennowski, nobody will answer your questions because someone earlier ask the same.. You should search in attachments files for PDF files call "Al's Wisdom" and you should start reading from 500 or 600 page.. believe me or not, there is a ocean of knowledge in this thread.. I don't read all posts but PDF files is awesome work (Many Thanks to slowpokeyjoe and Riddermark).

For me, Mr. Lorente post that open my eyes was:
"Still, the biggest and most accurate signal of impending change is when Slope leaves a buy only or sell only and returns to the Ranging area. That, coupled with a Trix or RSI divergence, followed by a Fast Trix or HA change in color, is almost a sure proof way to identify the change in direction."

I want to thanks again everyone(especiallyMr. Lorente) for knowledge that you share here.

I have some request for more experienced treders to judge my template and maybe write what should I use or not. I'm looking for some indi that confirm turnig point or show divergence. Maybe I got enough stuff on my chart.. I don't know for sure.. what I know is that I should stare more at the charts and snatch experience...

Today is my birthday, so cheers everyone and have a nice day
Attached Image (click to enlarge)
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  • #10,875
  • May 22, 2012 6:17am May 22, 2012 6:17am
Happy b/day Nes, many pips for the coming year!
Vandag is die dag.....
  • #10,876
  • May 22, 2012 6:45am May 22, 2012 6:45am
Quoting Nes
Dyekid217 n kennowski, nobody will answer your questions because someone earlier ask the same.. You should search in attachments files for PDF files call "Al's Wisdom" and you should start reading from 500 or 600 page.. believe me or not, there is a ocean of knowledge in this thread.. I don't read all posts but PDF files is awesome work (Many Thanks to slowpokeyjoe and Riddermark).

For me, Mr. Lorente post that open my eyes was:
"Still, the biggest and most accurate signal of impending change is when Slope leaves a buy only or sell only and...
HB Nes.
Master Your Setup, Master Your self. (NQoos)
  • #10,877
  • May 22, 2012 7:46am May 22, 2012 7:46am
Quoting Alorente
I bought twice today: 79.25 and 79.05.

It may require a little patience but I think this is going to be a big winner.
Dear Alorente,
Thank you for usd/jpy ı win more than 50 pips.
Best regards.
Bülent.
  • #10,878
  • May 22, 2012 8:14am May 22, 2012 8:14am
~~ Private Message_SCOTT-ibm ~~

Quoting tomthepoppop
Click on the Attachments at right top of page (it has a number 1269 in it)
That contains all indicators that have been on the system plus 1,268 others.

PS. We do not use either of those indicators anymore. Check page 1 and download Packet.zip - Also read the entire page 1 for much helpful information.
  • #10,879
  • May 22, 2012 8:20am May 22, 2012 8:20am
EURGBP has closed the gap from the 6th of May, worth looking at this pair for a short, it's above the H1 and H4 TMAs.

Lee
"The more I practice the luckier I get." Gary Player
  • #10,880
  • May 22, 2012 9:39am May 22, 2012 9:39am
Quoting Alorente
Watch out for this on Wednesday. Any announcement of any kind of agreement on Eurobonds, will send the EurUsd soaring. It is not probable, but it can happen.

http://www.telegraph.co.uk/finance/f...eurobonds.html
I just want to say thanks to you Alorente and the many others that made their contribution to this system. got 144 pips yesterday being conservative and using the system live for the first time (aus/usd, usd/cad)
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