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Extreme TMA System

  • #11,901
  • Jul 13, 2012 9:30am Jul 13, 2012 9:30am
Quoting bulent
Dear Sir
Bravoooo gbp jpy is up you are the best..
Regards.
Bülent
This is not me this is the news.

If we look a little closer into the fundamentals of last week and this one we can easily predict that this sentiment release will be less than forcasted.
Also we can see guys that the trend of almost all the pairs that i mentioned yesterday is exhausted and would need a little breathing space, so here comes the Prelim UoM Consumer Sentiment to give the correction a push that is badly needed.
Don't be fooled and bet the farm on this correction it is a minor one in a larger trend wich is still bearish for anti-dollar pairs so make sure to fade it and sell into rally's.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,902
  • Edited 10:00am Jul 13, 2012 9:46am | Edited 10:00am
Quoting handy148
I think this could be one of the problems.

Bassramy has kindly taken over which someone needed to do. However, he has clearly moved it on a notch or two which I'm sure Al, Crodz and others would have also done. Bassramy template will not be the same as that on page one as I remember reading that he has increased the ATR from what Al was using and maybe some other things as well. So whereas before we were all using an identical template, now we are not. Anyway full credit to Bassramy for the continued improvement to the system - everyone is free...
Guys if you want i can post my template for the benefit off all.
UPDATE :http://www.reuters.com/article/2012/...8ID5HV20120713

I'm signing off with the London close have a great weekend guys.

Best Regards.
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,903
  • Jul 13, 2012 10:00am Jul 13, 2012 10:00am
Quoting thewriter30
My Eu JPY entered bloody Level 4 recovery. No likely to return to B/E any time this century, but who knows?
Anyway, still waiting for wise words on recovery. anybody on Level 4 ever?
I was wondering, ALorente never got to Level 4 ever.... that tells me he never entered a trade like this , such a stupid trade so to speak...but i did so i want to knwo what to do ideally

cheers
Hello please post a screen shot of your entry.
I might say that you trade 15 min, because trading the 1 hr you would be at recovery 1 and not more than that.

Also remember that Alorente and any wise trader (who I'm not yet ;-) ), is killing a bad trade when he perceive that the entry is wrong, so in this way accepting the loss but not risking of going to recovery 4. But of course if you keep looking at the market thorough a 15 min lens you will always fell you could be right.....
Best regards
max
  • #11,904
  • Jul 13, 2012 12:39pm Jul 13, 2012 12:39pm
Quoting bassramy
Guys if you want i can post my template for the benefit off all.
UPDATE :http://www.reuters.com/article/2012/...8ID5HV20120713

I'm signing off with the London close have a great weekend guys.

Best Regards.
B.R.
Yes, I'd very much like to try your template, please!
  • #11,905
  • Jul 13, 2012 12:49pm Jul 13, 2012 12:49pm
Quoting bassramy
we, all of us not i.

B.r.

Sure, it's a community thing here, but still - every woman/man trades her/his owm account. Small changes can mean the difference between a profitable and losing trader.

Quoting bassramy
This is called divergence a strong one.
Both are trending down on D1 one more than the other, if u go long it will be definetly against the trend, if you have the patience wait for the long correction to be over and then short @ the upper H4 band you will be putting the odds or probabilities in your favor.

Regards,
B.R.
Hm.... Mid term, I'm not so sure about that. By the time price reaches upper band, daily will be confirmed long (or sooner).
Like I said several times, my system differs in few things. ATR size is only one of them. Still, I don't want to spread any news believe or unconfirmed holly grail, but.... anyway, if you have willing to discuss something, I'd like to discuss with you my alteration to the system privately. I've been testing it for last few weeks and the results are very good. So, if you are interested, send me a pm.

BR
  • #11,906
  • Jul 14, 2012 12:25am Jul 14, 2012 12:25am
Hi everyone, I'm new here AND to Forex trading AND to trading in general :-) but I like to learn new things especially if there's even might be real money in it. Currently I'm in the phase of looking for the Holy Grail system and this thread caught my eye yesterday. Started reading the thread from start to finish (on page 17 now and counting) but I downloaded the packet from page one so that I can see on a live screen what I should look for as I'm reading all the posts. Now I already gathered that the system has evolved significantly from where it was at its inception, but I assume the one in the packet on post 1 is the current one.

Okay now for my question finally! :-) Below is how my screen looks like with the lorente large chart.tpl loaded. In the upper right corner there is a "box" of info above the one showing spread, TMA Size, etc... Now for me this "box" does nothing. As you can see on the picture it always says 1.5988 in large green numbers, Trix Cross shows Bull and Option says Label in red, Candle: 14:58 etc... Now I have 8 currency pairs open in separate tabs in MT4 and all of these tabs has the exact same template loaded. If I go to every tab, the upper right corner indi stays the same with these numbers. Ummm, in case you are wondering of course this screenshot was taken when market was still live yesterday. If I hover over the indi with the mouse it says in a popup box: "aTrixBox" and 1.22757 but only on the EURUSD chart, on the other charts even this popup message is missing. Is this the normal way this indi should work and I should be patient until I get to a post in the thread which explains its secrets or is this some kind of bug?

http://www.rpotor.com/forex/TMA/2012...-usdcad-01.gif
  • #11,907
  • Jul 14, 2012 3:10am Jul 14, 2012 3:10am
Ragee Horner, i Really like her Analysis.Go here for an update on EJ and EU.
Go here to get an overview of next week's trading forecast.

Like always weekend reading is good to increase your trading expertise, ( À consommer avec modération ).

Bon fin de semaine.
Regards,
B.R.
Attached File(s)
File Type: pdf What is the Number One Mistake Forex Traders Make.pdf   607 KB | 1,363 downloads
File Type: pdf What Are the Traits of Successful Forex Traders.pdf   211 KB | 1,159 downloads
Master Your Setup, Master Your self. (NQoos)
  • #11,908
  • Jul 14, 2012 11:50am Jul 14, 2012 11:50am
HI Bass. Could you tell me what Indy it is drawing the green and red lines on this chart? (The stairstep ones) It doesn't look like Supertrend but close to it

TIA
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy d1 (1).gif Size: 47 KB
  • #11,909
  • Jul 14, 2012 11:57am Jul 14, 2012 11:57am
About 20 pages back or so someone posted an EA that I know more than a few people downloaded and said they were going to try.

I did as well, and so far it has NOT made any trades (where I have others running that are). Anyone else get it to trade?
  • #11,910
  • Jul 14, 2012 12:15pm Jul 14, 2012 12:15pm
Your offer to post your template is a generous gesture on your part - at least that way everyone will be singing from the same hymn sheet.
  • #11,911
  • Jul 14, 2012 2:26pm Jul 14, 2012 2:26pm
Quoting jayjonbeach
HI Bass. Could you tell me what Indy it is drawing the green and red lines on this chart? (The stairstep ones) It doesn't look like Supertrend but close to it

TIA
Hi Jayjonbeach
This is indicator shows Supply and Demand Zone on the chart.
Try it
Attached File(s)
File Type: mq4 II_SupDem v2.mq4   29 KB | 853 downloads
File Type: mq4 II_SupDem.mq4   29 KB | 783 downloads
File Type: tpl ii_supdem.tpl   16 KB | 769 downloads
  • #11,912
  • Jul 14, 2012 2:34pm Jul 14, 2012 2:34pm
Quoting bassramy
Guys if you want i can post my template for the benefit off all.
UPDATE :http://www.reuters.com/article/2012/...8ID5HV20120713

I'm signing off with the London close have a great weekend guys.

Best Regards.
B.R.
Please we are anxiously waiting for your template. Tanx
************************* Knowledge is an endless research
  • #11,913
  • Jul 14, 2012 3:36pm Jul 14, 2012 3:36pm
Hi my friends I have a problem ıt is very confusing that when I load my extreme tma template I couldnt see H4 or H1 bands on my screen I dont know why this is happening
Is it because lack of indicator?
It will be great ıf you can help me
thanks..
  • #11,914
  • Jul 15, 2012 5:54am Jul 15, 2012 5:54am
Hello,

I wanted to thanks Al from the bottom of my hearth ! This method is great and user-friendly ! I also want to thanks the people who animated the thread up until here (I do highly value the Bassramy report, please continue your great job).

Im finally grabbing some pips, nevertheless I may be carefull next week as there may be some counter-trend move !

Have any guys had some success trading minority/exotic pairs ?
  • #11,915
  • Jul 15, 2012 6:31am Jul 15, 2012 6:31am
Quoting Tess1
Please we are anxiously waiting for your template. Tanx
Tomorow guys , i'm not @ the office today sunday , were my trading desk is so bear with me for one day.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,916
  • Jul 15, 2012 6:40am Jul 15, 2012 6:40am
Quoting jayjonbeach
HI Bass. Could you tell me what Indy it is drawing the green and red lines on this chart? (The stairstep ones) It doesn't look like Supertrend but close to it

TIA
Its not even close to ST.
We will talk later.

Regards.
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,917
  • Jul 15, 2012 3:04pm Jul 15, 2012 3:04pm
Hi Al, and Hi every body here.

Around the time you started this thread is around the time I learned about Forex trading. I went in search to find out more about it and made up my mind that I am going to do what ever it takes to learn it. It has been a slow journey, have read the first few pages of very many system without making sense of any. This was one of the first ones I perused thru and moved on. After getting no where, I started narrowing down the number of systems I would consider seriously and have decided this is the one. I have only read 30 pages (there is one where I read 400 pages, tried it out for 6 weeks but my results were disappointing - not blaming it on the system though, but myself).

On page 1 you posted the file with the indicaters, there are 14 indicators in that file. Do I have to load all of them? Are the M15 ones also included in that file because you said you had moved on the H1 time flame? I would really like to demo with M15 atleast to start with as this would enable me take more trades until I learn the system.

I would like to thank you ever so much for this great system.
  • #11,918
  • Jul 15, 2012 7:03pm Jul 15, 2012 7:03pm
Dear Trading friends!

Thanks for the answers.... Agony still there, if it was not a demo the oportunity cost of not being able to enter other trades would have been huge.

As Dorrelino (spelt right?) posted, I remember Al saying that if it was against him, he would get out. The thing is I am not experienced enough to KNOW whether/when EU JPY was against me...that's simple really (or maybe not) but the less you know the more you lose.... Still I am with recovery, since STOPS were only a way to give brokers my hard earned money ....
YES it was a 15M entry! will post entry when get home...I do take a snapshot of every entry and keep a log...

All I see right now after some months with this system it's that TRENDs are NOT my friends and when something trends I enter recovery...

Do you guys have a filter to avoid this appart from the existing indicators?
  • #11,919
  • Jul 15, 2012 10:25pm Jul 15, 2012 10:25pm
Quoting newagetk
Hi my friends I have a problem ıt is very confusing that when I load my extreme tma template I couldnt see H4 or H1 bands on my screen I dont know why this is happening
Is it because lack of indicator?
It will be great ıf you can help me
thanks..
try this temp . If it still happen, u can make it yourself. Just add 3 times tma line indi and change the input (1 for current, 1 for h1 and 1 for h4 tf), and then you can add any thinng you like
Attached File(s)
File Type: tpl tma basic.tpl   8 KB | 561 downloads
  • #11,920
  • Jul 16, 2012 12:34am Jul 16, 2012 12:34am
Hey bassramy, quick question, and i just want to thank you in advance for your time, but I was wondering if you could post your MACD_OSMA indicator. Thanks in advance for your help
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