Extreme TMA System | Page 598 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Hennis Extreme TMA System 105 replies

TMA Reality Tour 116 replies

Happs with TMA Trading Journal 25 replies

MTF TMA 287 replies

SnakeForce - simple TMA with alert? 3 replies

Attachments: Extreme TMA System
Exit Attachments

Extreme TMA System

  • #11,941
  • Jul 16, 2012 11:35pm Jul 16, 2012 11:35pm
Quoting bassramy
Its not even close to ST.
We will talk later.

Regards.
B.R.
Hmm, my next guess is a type of Step Indy... Can you let us know which?

Or better yet post?

TIA!
  • #11,942
  • Jul 17, 2012 2:45am Jul 17, 2012 2:45am
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
what indicator do you use on this chart ?
  • #11,943
  • Jul 17, 2012 3:14am Jul 17, 2012 3:14am
Quoting bassramy
Here you go guys.
Hello,
Do you use every pair atr value 2.5? or each one is diffrent?.
Regards.
Bülent.
  • #11,944
  • Edited 4:30am Jul 17, 2012 4:14am | Edited 4:30am
Quoting jayjonbeach
Hmm, my next guess is a type of Step Indy... Can you let us know which?

Or better yet post?

TIA!
Guys its very simple Gann activator, and like always its not the indicator its how u trade it, every indicator is the holy grail if you know how to use it and take some profit from it, so the bottom line here is YOU, YOU are the holy grail so work on your self which is much better than chasing any king of indicator out there.

This thread is not intended to discuss this strategy and this indicator let's stick to our strategy and system and try to perfected.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,945
  • Edited 4:39am Jul 17, 2012 4:21am | Edited 4:39am
Quoting bulent
Hello,
Do you use every pair ATR value 2.5? or each one is diffrent?.
Regards.
Bülent.
Under 70 (2 - 2.5), over 70 ( 2.5 - 3 - 3.5 ) depends on the pair and volatility condition of the markets because all the pairs tend to widen their range during risk on ( more volatility markets ), and narrow it during risk off ( less volatility markets ).

If you want to be sure to catch most of the price action of the markets with less risk set your ATR value to 2 @ the expense of losing 10% - 30% pips of the more volatile pairs, being safe is way better than being sorry and that is a personal choice my friends ( aka = conservative, moderate and aggressive trading style is a personal choice ).

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,946
  • Jul 17, 2012 4:51am Jul 17, 2012 4:51am
Bassramy, EU is really gaining strength. Is this going to last or is it temporary?
************************* Knowledge is an endless research
  • #11,947
  • Jul 17, 2012 5:32am Jul 17, 2012 5:32am

< 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 :

http://www.dailyfx.com/forex/technic...7.17.2012.html
http://www.dailyfx.com/forex/technic...7.17.2012.html
http://www.dailyfx.com/forex/technic...7.17.2012.html.
EUR/USD aims for 1.2332
“We have moved quite a bit lower on the euro and there's
a bit of fatigue setting in in terms of the euro downside.
But overall, the euro still has a negative bias and it is still a
sell on rallies”
- RBS Securities (based on CNBC)
(Exactly my opinion).

Summary :

Markets to Look Past European Data as Bernanke Testimony Looms.
Dollar Declines Before Bernanke Speaks Amid Stimulus Speculation.
Dollar Continues Broad Slide Ahead of Bernanke Testimony.
New Zealand Dollar Higher Late; Market Waiting for Bernanke.
Trading Post Dollar index hits two-year high.
Chinese economic growth slows to 7.6%.
http://online.wsj.com/article/SB1000...ets_liveupdate.
http://www.ft.com/cms/s/0/241b0dc8-c...44feabdc0.html.

Daily Calendar : For Upcoming important economic announcements see the FF calendar.

Daily Trading Wisdom : - Trading is a game of probabilities. You don’t have to be right every time. You just have to follow your rules.

Daily Trading Cartoons : - Bad Risk

Thanks Guys and Good Luck in your trading.
(Disclaimer : Don't Trust me or follow my lead i know nothing about the Financial Markets.)
Attached Image
Master Your Setup, Master Your self. (NQoos)
  • #11,948
  • Jul 17, 2012 5:54am Jul 17, 2012 5:54am
Quoting Tess1
Bassramy, EU is really gaining strength. Is this going to last or is it temporary?
I'm all over it, read my report to see the fundamentals behind it long term, i don't like to speculate and predict the future but now that you asked, short term bull, mid and long term bearish pending speculation that Federal Reserve Chairman Ben S. Bernanke will hint at additional monetary easing when he delivers testimony today.
If you read the report u will see that everybody is waiting for Bernanke and policymakers to address growth issues and hint to any kind of stimulus or QE3 that's why the EURO is up today because traders and investors are optimistic.

Bernanke''s failure to hint to any kind of stimulus will tank the EURO and this time to the previous support of 1.18760.
Hint to any kind of growth stimulus package will lead to a rally in all Risk On anti-dollar currencies and financial instruments.

Regards.
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,949
  • Jul 17, 2012 6:01am Jul 17, 2012 6:01am
Nice short brewing on GU.
Attached Image (click to enlarge)
Click to Enlarge Name: gu h1.gif Size: 40 KB
Master Your Setup, Master Your self. (NQoos)
  • #11,950
  • Jul 17, 2012 6:25am Jul 17, 2012 6:25am
I'm already in it several hours, for now small positon.

Additional reason: bearish divergence class A. (edit: h1)

Problem: for now still very bullish sentiment (that's why I'm for now in with small position). 200 pips on the table ATM.

BR
  • #11,951
  • Jul 17, 2012 7:46am Jul 17, 2012 7:46am
Quoting bassramy
Under 70 (2 - 2.5), over 70 ( 2.5 - 3 - 3.5 ) depends on the pair and volatility condition of the markets because all the pairs tend to widen their range during risk on ( more volatility markets ), and narrow it during risk off ( less volatility markets ).

If you want to be sure to catch most of the price action of the markets with less risk set your ATR value to 2 @ the expense of losing 10% - 30% pips of the more volatile pairs, being safe is way better than being sorry and that is a personal choice my friends ( aka = conservative, moderate...
applause for those wise words
  • #11,952
  • Jul 17, 2012 8:05am Jul 17, 2012 8:05am
One of the busiest economic calendar today, and look @ the results .
Kiwi in the red.
Aussie in the red.
Cable in the red.
Euro in the red.
Greenbuck as expected.
Lonnie in the red.

Lonnie rate kept unchanged, All eyes are waiting for Bernanke, let's see what roller coaster he's hiding for us.
Regards,
B.R.
Attached Image (click to enlarge)
Click to Enlarge Name: Clendar17-7-12.jpg Size: 324 KB
Master Your Setup, Master Your self. (NQoos)
  • #11,953
  • Jul 17, 2012 8:06am Jul 17, 2012 8:06am
Closing all positions before the news for +70 pips.

I think it'll be very volatile continuation of the day, surges up are based on strong trend up very likely, so... new opportunitiy for better entry. Also a chance I'll miss the move, but based on current result, I'm good with pips in the bag.

BR
  • #11,954
  • Jul 17, 2012 8:12am Jul 17, 2012 8:12am
Quoting tp0440
Closing all positions before the news for +70 pips.

I think it'll be very volatile continuation of the day, surges up are based on strong trend up very likely, so... new opportunitiy for better entry. Also a chance I'll miss the move, but based on current result, I'm good with pips in the bag.

BR
Excellent defensive move, For Those About to Rock We Salute You.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #11,955
  • Jul 17, 2012 8:26am Jul 17, 2012 8:26am
Thanks.

Good luck with rocking. :-)

I'm looking for re-newed entry at 1,5660 or so. Depends on what will happen...

BR
  • #11,956
  • Jul 17, 2012 9:46am Jul 17, 2012 9:46am
Listening to Bernanke, no more Twist or QE3 considered for now = Risk off and we can see this on our charts.
Master Your Setup, Master Your self. (NQoos)
  • #11,957
  • Jul 17, 2012 11:04am Jul 17, 2012 11:04am
Quoting bassramy
Guys its very simple Gann activator, and like always its not the indicator its how u trade it, every indicator is the holy grail if you know how to use it and take some profit from it, so the bottom line here is YOU, YOU are the holy grail so work on your self which is much better than chasing any king of indicator out there.

Regards,
B.R.
I don't know how long you have been trading, but I have been around a LONG time and gave up on Holy Grails probably before you started trading. Not trying to get smart here, just want to make a point.

As you know what, that doesn't stop me from looking for good tools, when I see something I think I might like, I like to put it on a chart and test it, and see if it might fit into one of the methods that I use, and there is nothing wrong with that.

I will disagree with "every Indicator is the holy grail", some are WAY more useful than others. BUT, your general point of view is correct, its not an Indicator that makes a Trader succeed, its the Trader behind the Indy.

Good trading to you, and thanks again for Ramy reports, great summaries.


p.s If anyone wants to share the name of the actual Indicator or upload it for others to test, I was referring to the one in picture with white arrows pointing to them.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy d1 (1).gif Size: 48 KB
  • #11,958
  • Edited 1:13pm Jul 17, 2012 12:53pm | Edited 1:13pm
@jayjonbeach

I believe that what you are searching for a step MA and MTF Stohastic.

You can find them both attached in source code, or at least they appear to be something in the direction you are searching for.

Note:
- With MTF Stohastic you need to define higher time frame than the one you observe to get "steps" and is buggy (needs to be refreshed every once in a while).
- Step MA needs to be defined to generate appropriate steps. As every indicator basically.

Put them to good use. I stopped using them after a while.


BR
Attached File(s)
File Type: mq4 #MTF_Stochastic.mq4   4 KB | 582 downloads
File Type: mq4 StepMA_v7.mq4   6 KB | 650 downloads
  • #11,959
  • Jul 17, 2012 4:50pm Jul 17, 2012 4:50pm
If the GBP short in the morning was interesting, current position is getting even more tempting, especially with lack of QE3.

Not yet perfect go, but USD index also shows good potential for strenght. H4 slope is great (+0.27), h1 is getting there (-0.28). Technicalls seem be be aligning.

BR
  • #11,960
  • Jul 17, 2012 9:43pm Jul 17, 2012 9:43pm
Quoting jayjonbeach

Good trading to you, and thanks again for Ramy reports, great summaries.


p.s If anyone wants to share the name of the actual Indicator or upload it for others to test, I was referring to the one in picture with white arrows pointing to them.
I think I may have found the Gann Activator, not sure, but I definitely couldn't replicate the settings you had for that Daily chart. Thinking you must of had it set for Monthly, and obviously offset the two but which numbers....

I am currently working on a new system / method for myself, and this is why I was curious and considering this as I am a fan of crossover methods.

TIA if you share the Indicator name and settings used
14 traders viewing now