Extreme TMA System

Hey there again! The second attachment doesn't seem to work. I'm really curious about the non-repainting TMA!

Guys some changes to our Daily Trading Research is made, from now on it will be called THE RAMY REPORT, creativity and innovation is key everything that we need for our success will be included.

Fundamentals :

http://www.bloomberg.com/news/currencies/
http://online.wsj.com/public/page/ne...s-trading.html
http://www.ft.com/intl/markets/currencies
http://www.dailyfx.com/

Summary :

-Outlook For Euro Tied To EU Summit.
-Summit Doubts Hit Euro, Government Bonds.
-Everybody chill – Grexit is not really imminent.
-US Dollar, Yen Rise as BIS Warns on Limitations of Central Bank Stimulus.
-Crude Oil, Gold Vulnerable as Sentiment Sours Across Financial Markets.
-Euro and Yen Key Markets to Watch for Clearer Directional Bias.

Technicals :

-Weekly Forex Chart Price Action Outlook for June 25th – June 29th 2012

EURUSD :
The EURUSD could not maintain itself above the key 1.2640 resistance level last week as it sold-off hard on Thursday and ended the week under that resistance, essentially creating a false-break of the level. For this week, we see the potential for this market to move lower whilst it stays contained under 1.2640 resistance, we would consider taking a short entry if we see some solid intra-day or daily chart price action sell-signals form on a retrace back near this resistance.
AUDUSD :
The AUDUSD ended last week slightly lower over the previous week after it pared all of its early-week gains on Thursday. Friday, the market found support off 1.0000 / parity, whether or not this support holds this coming week will be important. If it holds we are probably going to trade between 1.0000 and 1.0225 for most of next week, if price closes below this support early next week we could see a resumption of last Thursday’s sell-off.
USDJPY :
The USDJPY exploded higher to end last week, gaining significant ground from Wednesday into the week’s close. We can see this market pushed into key resistance at 80.55 to end last week, thus we could see a retrace lower early next week, if that happens we will watch support just above 79.70 for potential buy signals to re-join the fresh bullish momentum in this market. Note that the 8 / 21 day EMAs have crossed higher, a reflection of the recent move higher in this market.
XAUUSD :
The spot Gold market sold off hard last week after finding resistance at the key $1630.00 level. We can see price found support off $1555.00 area on Friday. Key support is coming in at $1530.00 – $1520.00 and $1520.00 is really the “line in the sand” for this market; if we break that support we could see a larger sell-off, otherwise we can expect this market to continue ranging between $1520.00 – $1630.00 and can look to trade the swings within that range until we close outside of it.

Daily Calendar : go to FF Calendar to see the most important event , thin calendar today.

Daily Trading Wisdom :
-Records are more important to your success than any indicator, system, or technical tools.
Even the best system is bound to have some holes, but good records will allow you to find them and plug them up.

Daily Trading Cartoons : Losers guide to online trading.

Thank you Guys and Good Luck in your trading.

WHEN DO TRY TO DOWNLOAD TMA SLOPE NRP LOOK:
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HI, go to page 645 post 9670 TMA NRP 2.

PC.

Anybody got this trade ? Seems to be the same pattern that Al talked about in this post: http://www.forexfactory.com/showthre...14#post5494214

I'm not having the perfect timing to got the slope change...,usually i get in too late, or even in a wrong moment.

For training proposes, i'm using SimpleFXTester. It's a tool that simulates a specific period of time in the market that turns possible to trade using passed data.

BR.

What SL/TP are you using on M1 with the EA?

Nice report, Bassramy, thx

Al also talked about this
http://www.forexfactory.com/showthre...00#post5779900

So im staying away from shorts on jpy pairs, ready to go long tho!

Get ready to go long but not yet ,wait for the slope to change to @ least ranging on H1 and check it @ H4 and D1 to make sure u put the odds on your side (3 Ducks aligning).

I'm all over it since this morning waiting for the slope to go positive to cover my shorts.

When you have a clear entry do you wait for the 0.25 or enter at the band, normally I would have entered this trade earlier.


PC.

Bassramy
As per "all ducks aligned", on D1 the slope is quite negative so, based on that, one would not take the trade, no?

Stick to the rules and you will be fine, it's no use crying over spilled milk you will have a 1000 other opportunity to milk the cow.
For example do you take this trade or not.Gold H1 this is the same situation as yours, i wait for the slope to range at least on H1 and H4 its now -0.25 ON H4 and -0.32 going up on H1 and trix still bearish.

Exactly that, that's why i said not yet.

Silver is flirting with 18 Months support level of a descending triangle, and coming to the end of it about 2.5/3.

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.)

Your right and my goal is to follow the rules and post win or loose I want people to see my loosing trades as much as the winners thats why I waited to enter, I was just curious.

Thanks for the reply, PC.

gbpjpy looks juicy up until the Daily, what do you think?

If it goes past the 200MA I will target bottom band, all flat tops so far no wicks on candles SL will keep trailing tops.
PC.

Attached Image (click to enlarge)

hi all

i have download the package in post#1 but my chart is different than what i see here? also my chart show the slop is -0.39 but it shows ranging?

any advise pls

thx

Open your slope properties and change from .50 to .25
PC.