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Extreme TMA System

  • #11,721
  • Jun 29, 2012 3:29am Jun 29, 2012 3:29am
Quoting bassramy
Mission accomplished, target achieved price went all the way down to H4 TMA band and exploded up on the news of the EU Summit.

We have gone all the way in this example trade from :
1- Alignment of the rules together.
2- Entry and the logic behind it.
3- Trade management and the logic behind it.
4- Exit and the logic behind it.

This is another example that this strategy works if we implement all the rules and been disciplined and patient.
To tell u the truth i was surprised how this trade went exactly like we predict it (200 SMA and coral...
Hi buddy.

Could you share your color RSI indi ?

Thanks!

BR.
There is no place for wimps
  • #11,722
  • Jun 29, 2012 4:48am Jun 29, 2012 4:48am
Quoting Bogdan G
No, it does not...feel free to bet your farm on it, you just found the holy grail.

Please understand the sarcasm and...
Live long and prosper
LOL buddy, got your point, thanks anyway.
  • #11,723
  • Jun 29, 2012 9:28am Jun 29, 2012 9:28am
Quoting Tess1
Bassramy, i am really enjoying your analysis. Please what is the input for that your H4 band? I think that was you target yesterday on GU.
That was my target on the GU in the past 3 Days of this trade and this is our regular H4 TMA with 2.5 ATR.
Master Your Setup, Master Your self. (NQoos)
  • #11,724
  • Jun 29, 2012 9:33am Jun 29, 2012 9:33am
Quoting BraunTrade
Hi buddy.

Could you share your color RSI indi ?

Thanks!

BR.
Yes I can.
Attached File(s)
File Type: mq4 RSI_Coloured_Final1s4cb_en.mq4   4 KB | 992 downloads
Master Your Setup, Master Your self. (NQoos)
  • #11,725
  • Jun 29, 2012 4:35pm Jun 29, 2012 4:35pm
Anyone found success with the TMA line on M1 charts since it re-paints?
Or do I have to stick with HTF's to avoid the re paint issue
  • #11,726
  • Jun 30, 2012 3:20am Jun 30, 2012 3:20am
Something to keep u entertained during the weekend.

THE FUNDAMENTALS IN THE WEEK AHEAD

-AUD, GBP and EUR Cbanks deliver their rate and QE recommendations.
-Sales data is presented by CHF and AUD.
-GBP and USD release some manufacturing reports.
-Building and construction data is announced by AUD, GBP and CAD.
-Inflation and PMI reports are presented by GBP, USD, CHF and CAD.
-Employment landscape is analyzed by USD and CAD.

Other Major headlines :

-Barclays On The Rally: "Fade It", Because The Summit Is "Not A Game-Changer For The EUR".

And something to keep u sharp. (Attached pdf's).

Very profitable week ended with an explosive move for all anti-dollar currencies caused by the EU Summit surprising aggrement, expect a pull back next week (See Barclays comments on the rally).

Have a nice and relaxed weekend.

Best Regards.
B.R.
Attached File(s)
File Type: pdf How to Build a Strategy, Part 1_ Market Conditions .pdf   503 KB | 976 downloads
File Type: pdf The Forex Trader’s Guide to Price Action .pdf   900 KB | 2,433 downloads
Master Your Setup, Master Your self. (NQoos)
  • #11,727
  • Edited 4:14am Jun 30, 2012 3:41am | Edited 4:14am
This is how i really feel sometimes about the markets and PA Price action.

Sometimes when everybody is shouting to trade in a certain direction, i look @ my charts and see the apposite so that confuse me or used to confuse me since now i trust only myself and my analysis after a long - long - long observations, analysing, trading and learning about the markets.

Here is something to prove my point of view which is just trust yourself and don't listen to anyone else.

DJ Daily30

Today was a very volatile and bullish trading session with many markets racking up significant gains into the week’s close. Today we are recapping the Dow Jones Index to teach traders a lesson about how price action leads the news.
We can see that a daily chart bullish pin bar reversal signal formed on Thursday which showed rejection of the near-term support near 12,370. Whilst today’s explosion in most markets may have been the result of positive news out of the European summit on the region’s debt crisis, we really only needed to analyze the price action to get a clue of what was about to happen. We can see yesterday’s pin bar led the news today, and this is often the case because a market’s price action always reflects the most accurate and up-to-date picture of how all variables are affecting it. So, the point here is that if we just learn to follow the price action we can take advantage of day’s like this where we get huge moves from news events.

(Copyrights - learn to trade the markets, Nial Fuller -)
Thank you Nial for the excellent trading tips.

Another thing that catched my eye is the almost double bottom and the ABC drive that is forming on the EURUSD, and look at the targets this is also confirmed on our Extreme TMA H4 AND Daily charts.

Trading Advice :

"Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your position ought to be, cut it at least in half. --Bruce Kovner"
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD.gif Size: 35 KB
Click to Enlarge Name: Dow jones Daily 30-6-12.png Size: 18 KB
Master Your Setup, Master Your self. (NQoos)
  • #11,728
  • Jul 1, 2012 9:01am Jul 1, 2012 9:01am
Quoting bassramy
Yes I can.
Thank you very much!! I'm really a fan of yours comments and analysis!

All the best!
There is no place for wimps
  • #11,729
  • Jul 1, 2012 4:15pm Jul 1, 2012 4:15pm
Quoting BraunTrade
Thank you very much!! I'm really a fan of yours comments and analysis!

All the best!
~~~~~~~~~~~~~~~~~~~

crisis calendar attached !
  • #11,730
  • Jul 1, 2012 5:33pm Jul 1, 2012 5:33pm
Quoting scott-ibm
~~~~~~~~~~~~~~~~~~~

crisis calendar attached !
crisis calendar attached !
Attached File(s)
File Type: xls Calendars_John.xls   55 KB | 461 downloads
  • #11,731
  • Jul 2, 2012 3:01am Jul 2, 2012 3:01am
Quoting prosper1
Anyone found success with the TMA line on M1 charts since it re-paints?
Or do I have to stick with HTF's to avoid the re paint issue
Even if you trade this system on HTF it still repaints but less than LTF , learn to manage it like us and u will be fine ( we gave u in this thread a lot of examples how to), its strange how people shy away from difficult but ultimately rewarding issues in life and always pursue the easy tasks.

This laziness sometimes astonish me.
Does this indicator repaint, yes, is it useful, absolutely but u have to learn to use it, no thank you i don't want to work that hard i want something that is easy and profitable and of course i want it FREE !.............

Well guess what, trading is not easy its rewarding and simple but not an easy task, you have to work hard to be profitable like every business in life.

We go to college to learn about a lot of majors, specializations for 4-5-6-7-8 years why we don't do the same in trading after all its a business and specialization like any other but sometimes more rewarding.

With all respect.
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,732
  • Edited 5:54am Jul 2, 2012 5:43am | Edited 5:54am

< The Ramy Report >



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/

Technicals :

-EUR/USD to inch lower.
“The last two weekends' attempts at providing support
bought less than a day's worth of rally in risk assets. This
one should last a bit longer, as it achieved a lot more, but
will likely over the next month run into resistance”
- JPMorgan (based on CNBC)

-GBP/USD to pull back.
“Sterling is looking quite perky against the dollar because
there is more risk appetite as the Germans are more
flexible”
- ETX Capital (based on Reuters)

-USD/JPY to bounce off 79.52
“The European Union summit (last week) did not lead to a
fundamental solution to the region's problems. Markets'
undertone remains nervous”
- Hirohide Yamaguchi, BoJ Deputy Governor (based on Reuters)

-USD/CHF is heading towards 0.9545/61
“We are enforcing the minimum exchange rate with all
determination because it is the right monetary policy. The
SNB has to do that to prevent a deflationary development”
- Thomas Jordan, President of the SNB (based on Bloomberg)

Summary :

-Euro Falls, Snaping Steepest Advance in Eight Months, Before Jobs Report.
-Japanese business mood improves.
-Australian Dollar Up Late With Watch On RBA Policy Meeting.
-New Zealand Dollar Higher Late After Strong Rally Late Friday.
-Commodities slip on growth concerns.
-Dollar Aims Higher on Manufacturing PMI Roundup, EU Summit Rethink.

Daily Calendar : go to FF Calendar to see the Risk events.

Daily Trading Wisdom :

"Success is getting what you want. Happiness is wanting what you get. -Dale Carnegie "

Daily Trading Cartoons : Dollar Trading.

Thanks Guys and Good Luck in your trading.
(Disclaimer : Don't Trust me or follow my lead i know nothing about the Financial Markets.)

P.S. Go here and do this.
Attached Image
Master Your Setup, Master Your self. (NQoos)
  • #11,733
  • Jul 2, 2012 6:02am Jul 2, 2012 6:02am
After reading all the serious Stuff you are untitled for a little bit fun so read this and relax with a cold lemonade (no beer @ work) in this hot summer day.
Attached File(s)
File Type: pdf The 64 Biggest Investing Cliches to Sound Like a Pundit .pdf   1.0 MB | 758 downloads
Master Your Setup, Master Your self. (NQoos)
  • #11,734
  • Jul 2, 2012 8:51am Jul 2, 2012 8:51am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting Harry89
Hi Mr. C
Love the look of the land around your house, very "NZ".
I am interested in how you trade the 5m chart using extreme tma.
thx
Harry
Hi, thanks I’m trading the Extreme TMA system on H1 only, with the settings from the first post, some have H4 Bands set to 2.5 but I did not get the memo and I am trying not to spill any milk so just following the rules.

I added the tma bands to my own personal trading strategy and had been trading my own way mostly on different time frames.

PC.
Of all the things I've lost I miss my mind the most .
  • #11,735
  • Jul 2, 2012 9:00am Jul 2, 2012 9:00am
use TMA Slope 1.4 indic as tool of strength ~
Attached File(s)
File Type: pdf NB 10-2 TMA Slope Indicator.pdf   449 KB | 2,182 downloads
  • #11,736
  • Jul 2, 2012 9:03am Jul 2, 2012 9:03am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting ivanisevic
Hi,

I am new to this thread. Could anyone tell me if TMA Slope Normalized repaints on H1? If yes, then how can it be used for entries? Thanks.
&
prosper1

They can be used for entry with the rules of the Extreme TMA System the only difference between the rp & nrp is the past when you enter they are at the same place I like using the nrp to adjust to the range and the rp for the outlook try and see.


PAGE#776 POST #11632 TMA TRUE NRP
PAGE#645 POST#9670 TMA SLOPE NRP

PC.
Of all the things I've lost I miss my mind the most .
  • #11,737
  • Jul 2, 2012 10:44am Jul 2, 2012 10:44am
TMA indic for H4 strength evaluation
Attached Image (click to enlarge)
Click to Enlarge Name: namibob_H4_TMA_SLOPE_indic.JPG Size: 117 KB
  • #11,738
  • Jul 2, 2012 12:34pm Jul 2, 2012 12:34pm
Quoting scott-ibm
use TMA Slope 1.4 indic as tool of strength ~
Thanks for sharing that. Even after using the TMA Slope Indicator for several months, this was a really good read.
  • #11,739
  • Jul 2, 2012 1:26pm Jul 2, 2012 1:26pm
Somebody should help me out with the TMA Slope input. If i am changing the level and edblhigh 1 & edbllow 1 from .50 & -.50 to .25 & -.25. What other figures am i going to change in the Input or should i leave every other thing?
************************* Knowledge is an endless research
  • #11,740
  • Jul 2, 2012 1:43pm Jul 2, 2012 1:43pm
Somebody should help me out with the TMA Slope input. If i am changing the level and edblhigh 1 & edbllow 1 from .50 & -.50 to .25 & -.25. What other figures am i going to change in the Input or should i leave every other thing?
************************* Knowledge is an endless research
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