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Extreme TMA System

  • #13,441
  • Oct 26, 2012 5:58am Oct 26, 2012 5:58am
EURUSD
The W1 has just swung down and I sold it. Now I'll look for all the lower charts to rally so I can sell the rallies, as log as the rally does not go too far to cancel the cycle.

I'll check M5 when it swings up to see if the average bar size is big enough to get a reasonable chance of reaching at least a 10 pip target.

The W1 is going down to try to pull down the MN.

DrDave
To free Gazans of Hamas, use whatever it takes.
  • #13,442
  • Oct 26, 2012 6:17am Oct 26, 2012 6:17am
Not yet, one more leg up completed with trix and Stoch Divergence and slope ranging.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_h1_56.jpg Size: 138 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,443
  • Oct 26, 2012 6:40am Oct 26, 2012 6:40am
Quoting bassramy
Not yet, one more leg up...
The rallies that I am selling on the smaller charts are that leg up.
To free Gazans of Hamas, use whatever it takes.
  • #13,444
  • Oct 26, 2012 7:40am Oct 26, 2012 7:40am
Quoting DrDave
AUDUSD not EURUSD

Unless we see some down moves that go too far, I am looking for pullbacks to buy. We need pullbacks followed by continuation legs to end the D1 up leg.

DrDave
AUDUSD M15 continuation buy
10 pips in the bank.

The pullbacks went all the way through the H1 before the continuations were big enough to hit TP.
Attached Image (click to enlarge)
Click to Enlarge Name: au-long-10pips.jpg Size: 146 KB
To free Gazans of Hamas, use whatever it takes.
  • #13,445
  • Oct 27, 2012 2:29am Oct 27, 2012 2:29am
Preparing for the Next Trading week :

Forex Trading Weekly Forecast - 10.29.2012

Have A Great Weekend.
Master Your Setup, Master Your self. (NQoos)
  • #13,446
  • Oct 27, 2012 3:53am Oct 27, 2012 3:53am
Forecasts of the Next Week most important Risk Events :

Our preliminary October employment forecast looks for a gain of 130K in nonfarm payrolls – up from 114K in September. However, the unemployment rate is expected to tick back up to 7.9%. October employment-related data available for our model estimates has been limited.

Despite an unchanged workweek in September, a rise in payrolls and average hourly earnings likely contributed to a 0.4% rise in personal income.

We look for October Consumer Confidence to move up to 74.8 from 70.3. Last month’s welcome surge in confidence was driven almost equally by both the present situation and expectations components.

The October ISM manufacturing index likely rose to 52.0 from 51.5. We saw mixed regional surveys for the month.

After a very strong September, we forecast that motor vehicle sales cooled down slightly in October to a 14.75m unit sales rate.

Following the 9.9% recovery in September durable goods orders, we look for total factory orders to rise 7.0%.

Nonfarm productivity likely grew 1.9% in Q3.
Master Your Setup, Master Your self. (NQoos)
  • #13,447
  • Oct 27, 2012 4:01am Oct 27, 2012 4:01am
A Reminder for all of us.
I'm rereading the thread one more time.

The System: Extreme TMA.

The market, like a pendulum, is a never ending sequence of extremes. It forever tries to reach the mean but never succeeds, constantly overshooting itīs mark, reversing and trying it again but always failing to reach balance. This system attempts to capture those extremes. It is a compendium of my understanding of the market, brought to itīs simplest expression.

The principles are not complicated. The first indicator, the TMA shows us the average of the path that the price action in the market is following. As such, it is a backward looking indicator and attempts to determine the future from the recent history. It corrects itself by repainting itself. It has two outer bands that show us the outer boundaries of price movement that we are searching for. Our second indicator, the TMA Slope indicator will show us the relative change in the slope of TMA as compared to previous candles. It determines in which direction a trade must be placed and also shows divergences to price. For example, if price is rising but the slope indicator is dropping, it is announcing a high probability of a drop in price in the near future. The steeper the drop in the indicator the higher the probability of a drop in price. The same concept applies in reverse in the case of a dropping price and a rising slope indicator. A third use of the slope indicator is for divergence detection. If you see 2 or 3 green mounds, each smaller than the one before it, there is a strong likelihood that price is about to drop. 2 or 3 Red mounds, each smaller than the one before it, indicates a high probability of a price rise. On the right side of the Slope indicator you will see the value (grey) of the current chart time frame. Above it the slope value of the D1 time frame and below the trade status (Ranging, Buy Only or Sell Only) of the current chart TF. The third indicator is TMA Slope MTF which gives us the slopes of all 3 time frames. The final indicator gives us the D1 slope values of all currency pairs. A great tool to determine which pairs are possible trades.


Thank you for your patience.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #13,448
  • Oct 27, 2012 11:26am Oct 27, 2012 11:26am
Quoting Mr C
Attachment
Attachment
Hey, how are you?

Could you please attach these indicators?

Thanks a lot.
  • #13,449
  • Oct 27, 2012 3:54pm Oct 27, 2012 3:54pm
Quoting dionesdf
Hey, how are you?

Could you please attach these indicators?

Thanks a lot.
Do you mean the LC indicators? If yes, did you try checking the attachments to this forum? You know, the paper clip at the upper right corner of every page.
To free Gazans of Hamas, use whatever it takes.
  • #13,450
  • Oct 27, 2012 6:57pm Oct 27, 2012 6:57pm
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting dionesdf
Hey, how are you?

Could you please attach these indicators?

Thanks a lot.
Hi you can use the paper clip it's zip LC's Indicators & DinapoliTarget Malay.mq4 or page 891 post 13354 & page 893 post 13385

If it's the S&D Indicator here it is
Attached File(s)
File Type: mq4 II SupDem.mq4   29 KB | 568 downloads


Unless it's the the Fibo Expansion & Retracement then you go here
Attached Image


PC
Of all the things I've lost I miss my mind the most .
  • #13,451
  • Oct 28, 2012 11:45am Oct 28, 2012 11:45am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting bassramy
A Reminder for all of us.
I'm rereading the thread one more time.

[color=blue]The System: Extreme TMA.

The market, like a pendulum, is a never ending sequence of extremes. It forever tries to reach the mean but never succeeds, constantly overshooting itīs mark, reversing and trying it again but always failing to reach balance. This system attempts to capture those extremes. It is a compendium of my understanding of the market, brought to itīs simplest expression.

[color=dimgray]The principles...
Your a brave man, I will read the first post again every now and then I originaly read the whole thread, for those who just want the basic they can use the paper clip and find PDF's on recovery divergence etc...

or Al's wisdom
Vol 1&II PAGE #590 POST#8846 Vol III page #615 post #9225

First Post reminder.
"Even though not explicitly mentioned in the rules, it is always a good idea to sell from under tested support and buy from above tested resistance. This is always a good rule to follow. It will prevent getting into a trade too early and will increase your percentage of winners. Valid support and resistance areas are: 50 or 200 MAs, TMA centerlines, daily, weekly and monthly pivot lines, etc..."

In the spirit of a thriving laboratory of ideas and inspired by Nes, I am testing the Fibonacci Retracement off of the supply & Demand Zones.

Attached Image (click to enlarge)
Click to Enlarge Name: HHH_H4.png Size: 100 KB


PC,
Of all the things I've lost I miss my mind the most .
  • #13,452
  • Oct 29, 2012 4:07am Oct 29, 2012 4:07am
Quoting bassramy
2 Tradable Yen pairs ( EURJPY - CHFJPY ) @ the D1 Upper Band and making a divergence soon, notice the slope.
Taking profit on the EJ and CHFJ Lower H4 Band and waiting for the retracement to the upper H1 Band Min or the upper H4 Band Max to scale in short with the Trend.
Still waiting for that leg up to short the GU if it comes.

Have a nice beginning of the week everybody and hope its profitable, mine is.

Regards,
B.R.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chfj_h1_56.jpg Size: 159 KB
Click to Enlarge Name: ej_h1_56.jpg Size: 160 KB
Master Your Setup, Master Your self. (NQoos)
  • #13,453
  • Oct 29, 2012 4:29am Oct 29, 2012 4:29am
Thank you sir for your help on this legendary system. If in the world would be more people like you and Al, good and happiness would be much more in this world.

Thank you very much!

Huge hello from St. Petersburg

Eugene
  • #13,454
  • Oct 29, 2012 4:29am Oct 29, 2012 4:29am
Sorry that you must wait so long but I must search this method in other forums to don't describes you a scam.

"Zero line" is a setup on fx market. I found it on Polish forum. Author of this concept is MightyOne, Polish trader.

It is simple but not easy to understand. We are looking for candles for this pattern on every TF -> the higher the better. It is divided into three stages:

1. Big momentum candle
2. candle that closes above the momentum candle - show direction
3. Pin bar candle which point out zero line - show where to place SL

Candle 2 and 3 can appear in different configurations. If the candle appear one after the other - probability of success is higher.

My interpretation of this method:
we got big momentum candle, a lot of orders, price is going in one direction, another candle close below/above momo candle - no S/R on the way. Pin bar rejection - price want to go in momentum direction. Up/down we go, or something like this

You can find MightyOne, his post and more about ZL on kreslik.com

Greetings.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ZL.jpg Size: 120 KB
Click to Enlarge Name: MightyOne pic.gif Size: 34 KB
  • #13,455
  • Oct 29, 2012 4:58am Oct 29, 2012 4:58am
Quoting ForexSPB
Thank you sir for your help on this legendary system. If in the world would be more people like you and Al, good and happiness would be much more in this world.

Thank you very much!

Huge hello from St. Petersburg

Eugene
You're welcome Sir, and i think that if there will be more people like you in this world, I'm sure there will be more people like me ( A bit of philosophy here ).

Anyway, regards and have a nice week.
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #13,456
  • Oct 29, 2012 5:34am Oct 29, 2012 5:34am
WOW.
Visual Guide To The Federal Reserve

All US Equity Markets Closed Monday (And Maybe Tuesday) Due To Sandy.
The Storm that Brought Wall Street To its Knees.
Attached Image
Master Your Setup, Master Your self. (NQoos)
  • #13,457
  • Oct 29, 2012 5:56am Oct 29, 2012 5:56am
Commodities: US, German Data May Help Offset Hurricane Sandy Jitters

GU Should stretch a leg up due to a better than expected mortgage approvals, but t'il now nothing happened.
Master Your Setup, Master Your self. (NQoos)
  • #13,458
  • Oct 29, 2012 6:03am Oct 29, 2012 6:03am
Today's Relative Performance.
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Master Your Setup, Master Your self. (NQoos)
  • #13,459
  • Edited 9:06am Oct 29, 2012 6:05am | Edited 9:06am
Hi Bassramy,

Have you ever post your template with indicators ? I very like the way your charts are....

Would you be kind to post it please?

Have a good day..

Mfinab
  • #13,460
  • Oct 29, 2012 7:57am Oct 29, 2012 7:57am
Quoting bassramy
You're welcome Sir, and i think that if there will be more people like you in this world, I'm sure there will be more people like me ( A bit of philosophy here ).

Anyway, regards and have a nice week.
B.R.


I absolutely your opinion
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