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Extreme TMA System

  • #13,301
  • Oct 15, 2012 6:15am Oct 15, 2012 6:15am
Important to know :

Complete Event Calendar For The Coming Week And Through November..
Master Your Setup, Master Your self. (NQoos)
  • #13,302
  • Oct 15, 2012 9:20am Oct 15, 2012 9:20am
Our system Daily Status, Monday 15.10.12 @ 56 Periods.

EU : LT Bearish, ST Bullish.

GU : LT Bearish, ST Bullish and weakening.

AU : LT Bullish, ST Bullish.

UCHF : LT Bullish, ST Bearish and weakening.

UCAD : LT Bullish, ST Bullish.

NU : LT Bearish, ST Bearish.

Gold : LT Bearish, ST Bearish .

SLV : LT Bearish, ST Bearish.

Regards,
B.R.

P.S. ( LT = Long Term, ST = Short Term. )
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu_extma_h1_56.jpg Size: 148 KB
Click to Enlarge Name: gu_extma_h1_56.jpg Size: 141 KB
Click to Enlarge Name: au_extma_h1_56.jpg Size: 154 KB
Click to Enlarge Name: uchf_extma_h1_56.jpg Size: 148 KB
Click to Enlarge Name: ucad_extma_h1_56.jpg Size: 148 KB
Click to Enlarge Name: gld_extma_h1_56.jpg Size: 143 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,303
  • Oct 15, 2012 11:43am Oct 15, 2012 11:43am
Quoting bassramy
Our system Daily Status, Monday 15.10.12 @ 56 Periods.

EU : LT Bearish, ST Bullish.

GU : LT Bearish, ST Bullish and weakening.

AU : LT Bullish, ST Bullish.

UCHF : LT Bullish, ST Bearish and weakening.

UCAD : LT Bullish, ST Bullish.

NU : LT Bearish, ST Bearish.

Gold : LT Bearish, ST Bearish .

SLV : LT Bearish, ST Bearish.

Regards,
B.R.

P.S. ( LT = Long Term, ST = Short Term. )
bassramy

very good job. thank you
  • #13,304
  • Oct 16, 2012 12:06am Oct 16, 2012 12:06am
Quoting bassramy
Our system Daily Status, Monday 15.10.12 @ 56 Periods.

EU : LT Bearish, ST Bullish.

GU : LT Bearish, ST Bullish and weakening.

AU : LT Bullish, ST Bullish.

UCHF : LT Bullish, ST Bearish and weakening.

UCAD : LT Bullish, ST Bullish.

NU : LT Bearish, ST Bearish.

Gold : LT Bearish, ST Bearish .

SLV : LT Bearish, ST Bearish.

Regards,
B.R.

P.S. ( LT = Long Term, ST = Short Term. )
Hi bassramy
Thank you for your job.It is very helpful for me.But i have a question, like gold or gbpusd, D1 slope value is still above 0.40,why do you think Long Term is bearish?And i know D1 slope will be repaired after a long time .So when the D1 slope is below 0.4.I think it is too late.I want to you how will you do?Thank for your help .

Best regards.
Fishcoo
  • #13,305
  • Oct 16, 2012 2:45am Oct 16, 2012 2:45am
EURUSD (and actually all pairs allong) are at the crossection of different time frames. Also, we have this week a lot of news.EURUSD for example has in my oppinion 50:50 chance now. 1,3170 (1,32-1,35 in continuation) for long or 1,2750 for short (1,25-1,23). In cases like now beware also of fake breakouts.Due to current situation I'll likely sit out ATM.BR
  • #13,306
  • Oct 16, 2012 2:46am Oct 16, 2012 2:46am
Hello system partners

How many trades you make per day in average?
I mean, using strictly the rules of extreme TMA in 15M charts?

Al says 10-15 per day in average. I can hardly find one per day since i began a month ago. For example, in this london morning session, what pair do you trade using the rules?

Thank you
  • #13,307
  • Edited 6:54am Oct 16, 2012 6:38am | Edited 6:54am
Quoting Fishcoo
Hi bassramy
Thank you for your job.It is very helpful for me.But i have a question, like gold or gbpusd, D1 slope value is still above 0.40,why do you think Long Term is bearish?And i know D1 slope will be repaired after a long time .So when the D1 slope is below 0.4.I think it is too late.I want to you how will you do?Thank for your help .

Best regards.
Fishcoo
Since This system is based on Average true projected ranges of any currency, when the PA of any giving pair had touched the higher ( Max range ) or lower ( Min Range ) off D1 bands or any TF, and rebounded back towards the other Band, i consider it bullish or bearish, for this particular pair have completed his projected range for that TF.

That been said, this is not always the case, currencies tend to extend or narrow their ranges depending on volume, volatility and market conditions and here the Slope can help a lot, any Pair over 0.8 is considered in a strong bullish move so even if PA touches the upper band that doesn't mean that it will immediately reverse, i prefer that the H1 band crosses the D1 band up and then again down and the slope to be out of the 0.8 area and going down to consider the Move Over, and vice versa for bearish moves, never catch a flying rocket or a falling knife wait t'il it reverse and confirm it with other tools .
Since i trade the D1 TF and lower i consider D1 to be LT and H1 to be ST, typically and depending on currencies and overall markets conditions a D1 trade takes between 2 weeks and 1 - 2 Months .

That was my experience trading this system during 11 Months .

Hope it helps.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #13,308
  • Oct 16, 2012 6:40am Oct 16, 2012 6:40am
Quoting tp0440
EURUSD (and actually all pairs allong) are at the crossection of different time frames. Also, we have this week a lot of news.EURUSD for example has in my oppinion 50:50 chance now. 1,3170 (1,32-1,35 in continuation) for long or 1,2750 for short (1,25-1,23). In cases like now beware also of fake breakouts.Due to current situation I'll likely sit out ATM.BR
Master Your Setup, Master Your self. (NQoos)
  • #13,309
  • Oct 16, 2012 6:52am Oct 16, 2012 6:52am
EU Breaking the Down Daily Trendline and the confluence of 61.8 Fibo and the Upper H4 Band, Candle didn't close yet we will see in 10 Minutes.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_1.jpg Size: 140 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,310
  • Oct 16, 2012 7:01am Oct 16, 2012 7:01am
Down trendline Broken let's see if this breakout is the real deal or the big boys are just haunting Stops.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_1.jpg Size: 148 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,311
  • Edited 7:22am Oct 16, 2012 7:12am | Edited 7:22am
If Core CPI will be bad for US (which is a real chance), EURUSD will go to next resistance fast. If not, expect SL hunting.BR
EDIT: first next resistance is 1,3070. Than about 1,3090, 1,3140, 1,3170.IF CPI would be good, expect price to turn on earlier levels. If it'll be bad...BR
  • #13,312
  • Oct 16, 2012 7:31am Oct 16, 2012 7:31am
Us consumer price index(yoy)(sep) rose 2.0% vs. 1.9% expected and 1.7% prior.
US consumer prices rise 2.0% y/y in September. Up 0.6% on the month. A little firmer than the 1.9% and 0.5% forecas .
Core CPI m/m 0.1 %, Expected 0.2 %.
Master Your Setup, Master Your self. (NQoos)
  • #13,313
  • Oct 16, 2012 9:26am Oct 16, 2012 9:26am
Talks between the Troika and Greek ministers have broken down
Attached Image (click to enlarge)
Click to Enlarge Name: eu_h1.jpg Size: 154 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,314
  • Oct 16, 2012 9:46am Oct 16, 2012 9:46am
Quoting bassramy
Talks between the Troika and Greek ministers have broken down
Does it mean EurUsd will go Down ??

arasheed
  • #13,315
  • Oct 16, 2012 9:51am Oct 16, 2012 9:51am
The yen trades that i talked about yesterday starting to Materialize, need a little more patience.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 134 KB
Click to Enlarge Name: chfjpy.jpg Size: 137 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,316
  • Oct 16, 2012 9:54am Oct 16, 2012 9:54am
NU Hitting the Daily up trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: nu.jpg Size: 122 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,317
  • Oct 16, 2012 9:57am Oct 16, 2012 9:57am
Quoting arasheed
Does it mean EurUsd will go Down ??

arasheed
Take a good look @ ur chart and do the math.
I like to say that nobody knows but this kind of rumor or news is EU negative, that's for sure, anyway we will soon find out.
Master Your Setup, Master Your self. (NQoos)
  • #13,318
  • Oct 16, 2012 10:01am Oct 16, 2012 10:01am
PA rejected from the new Support, old resistance of the Down Trendline @ the close of the candle.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_1.jpg Size: 123 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,319
  • Oct 16, 2012 11:21am Oct 16, 2012 11:21am
Quoting bassramy
Take a good look @ ur chart and do the math.
I like to say that nobody knows but this kind of rumor or news is EU negative, that's for sure, anyway we will soon find out.
As much as I DON'T like to say that, remember:
- buy the rumors
- sell the news

Translation: everything still points up, no bearish confirmation. Double top on 1,3070 would be great start for that.


BR
  • #13,320
  • Oct 16, 2012 1:28pm Oct 16, 2012 1:28pm
Quoting bassramy
The yen trades that i talked about yesterday starting to Materialize, need a little more patience.
Hi Bassramy,

What indicator are you using for red and blue arrows on your chart?
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