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Extreme TMA System

  • #13,621
  • Nov 14, 2012 9:50am Nov 14, 2012 9:50am
HI ALL
I am using tma 10.2 with other home made indi and i have developed both to be in one ea also my home made and the results are just fine - i mean more than 90% profitable trades since few days back.
however, i am trading in small account but for today for example here are my results
real account
beginning balance $1200
today floating trades -$9
total profit until now for 19 hours operating the ea is $30
losses - none
what i do, i open the ea to operate then i go out to keep away from the screen, as , if i stay there then i will lose control such as any one of you there then i will begin losing money, so, i have decided to be smart to play a game or to levae the room to enable the ea to work
love you all
samer
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #13,622
  • Nov 14, 2012 10:03am Nov 14, 2012 10:03am
Quoting Samer1970
HI ALL
I am using tma 10.2 with other home made indi and i have developed both to be in one ea also my home made and the results are just fine - i mean more than 90% profitable trades since few days back.
however, i am trading in small account but for today for example here are my results
real account
beginning balance $1200
today floating trades -$9
total profit until now for 19 hours operating the ea is $30
losses - none
what i do, i open the ea to operate then i go out to keep away from the screen, as , if i stay there then i will lose...
Welcome and keep us posted with your work.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #13,623
  • Nov 14, 2012 10:15am Nov 14, 2012 10:15am
hi
try to use tma10.2 with stoch zerolag
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #13,624
  • Nov 14, 2012 1:34pm Nov 14, 2012 1:34pm
Quoting Mr C
Every time I read one of your posts I know you’re going to make it, you think like a good trader and say what you think, discipline is earned not given and your well on your way, I believe we are around the same point in our trading give or take so I can understand the feeling.
PC,
Hi.

Thanks for your kind words, I hope I'll live to prove it. I seem to be less sure about that as you are.

It also shows, we like to make a sneak peak on each others notes. There's a few people up here I wait to see posts from, you are Bass are definitely on that list. Keep it up.

BR
  • #13,625
  • Nov 14, 2012 5:40pm Nov 14, 2012 5:40pm
Quoting bassramy
I missed my buy limit order by 5 pips yesterday and I didn't think that it will be today but momentum was high, so my UJ Sell limit order is been triggered as i post this, let's wait and see if it gonna work or not.

NU crumbled and broke the important 0.8100 support with it let's see if this breakout is real or is a fake-out, and so is the AU.

You are shorting USDJPY now?? Hm... I'd give a few bucks to see into your head.... I mean, sure, it can be short, but it should take some time to consolidate and possibly take some swings down first. Perhaps you are in luck as US$ seems really strong today despite bad data and could correct this anomaly tomorrow, but than I don't understand 2 things:
- why are EURUSD and GBPUSD not falling (and everything else related to US$ is, all indexes included)
- if Japan Parliament is disbanded on Friday, USDJPY will fly
- Also daily candle will be very bluish


Anyway - good luck. I'll miss L session tomorrow, which I don't like, but that's life. There should be good trading in the time I'll miss.

BR
  • #13,626
  • Nov 15, 2012 2:04am Nov 15, 2012 2:04am
USDJPY shorted at 80.20, 60 pips DD
  • #13,627
  • Nov 15, 2012 5:05am Nov 15, 2012 5:05am
Quoting tp0440
You are shorting USDJPY now?? Hm... I'd give a few bucks to see into your head.... I mean, sure, it can be short, but it should take some time to consolidate and possibly take some swings down first. Perhaps you are in luck as US$ seems really strong today despite bad data and could correct this anomaly tomorrow, but than I don't understand 2 things:
- why are EURUSD and GBPUSD not falling (and everything else related to US$ is, all indexes included)
- if Japan Parliament is disbanded on Friday, USDJPY will fly
- Also daily candle will be very...
Nope it didn't workout this time, my SL was hit, no problem this is life and this is trading we take our loss we learn from it and we move on, anyway we should not consider this move as a regular one , this is a breakout off the range and possibly the beginning of a new trend, and this where discipline pays off, without me having a 40 pips emergency stop loss i would be in big trouble one, thank you Risk Management.

Another lesson learned.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #13,628
  • Edited 5:33am Nov 15, 2012 5:21am | Edited 5:33am
Quoting tp0440
You are shorting USDJPY now?? Hm... I'd give a few bucks to see into your head.... I mean, sure, it can be short, but it should take some time to consolidate and possibly take some swings down first. Perhaps you are in luck as US$ seems really strong today despite bad data and could correct this anomaly tomorrow, but than I don't understand 2 things:
- why are EURUSD and GBPUSD not falling (and everything else related to US$ is, all indexes included)
- if Japan Parliament is disbanded on Friday, USDJPY will fly
- Also daily candle will be very...
tp, you don't have to pay to see inside my head just look @ your chart and see where i was waiting for the UJ to short it :

1 - Top off the range that been formed from one month ago where the PA 2 times been rejected = Important resistance .
2 - @ Weekly Resistance 1 @ 80.250 and after the weekly pivot was broken up so retracement down to the pivot was in order .
3 - The Slope @ that time was crossing from positive to negative.
4 - Last but not least My order was on the D1, H4, H1 Upper TMA Band.
5 - RSI and stochastic were in overbought area and crossing down.

So confluence of several Technical Factors = High probability trade, unfortunately it didn't workout, no problemo from time to time The markets tend to humble us we except it and move on, I'm sure the next will be better.

We should not forget the FOMC Effect also yesterday.

Regards,
B.R
Master Your Setup, Master Your self. (NQoos)
  • #13,629
  • Nov 15, 2012 6:39am Nov 15, 2012 6:39am
Quoting bassramy
tp, you don't have to pay to see inside my head just look @ your chart and see where i was waiting for the UJ to short it :

1 - Top off the range that been formed from one month ago where the PA 2 times been rejected = Important resistance .
2 - @ Weekly Resistance 1 @ 80.250 and after the weekly pivot was broken up so retracement down to the pivot was in order .
3 - The Slope @ that time was crossing from positive to negative.
4 - Last but not least My order was on the D1, H4, H1 Upper TMA Band.
5 - RSI and stochastic were in overbought area and...
Hi Bass.

I'm sorry you hit the SL, but I had huge doubts about this trade. If anything, I'd go long.

Use TDI instead of RSI. TDI has as part of the system also RSI, but adds this two lines:
- price signal line
- market sentiment
Based on PA alone (which is still and will always be Nr. 1) or based on TDI as a system you'd see, that you are in very strong up-trend. Add to this the "buy the rumor" effect and this are the reasons I wouldn't consider short on USDJPY without at least break of SMA50 or minimally a good bearish candle, none of which appeared.

I posted several times, that with some bad luck this system can kill you. Don't get me wrong: I think you are a great trader with enormous discipline which I can only dream to have. But still, as stated in this case, I'd only consider USDJPY as long, but as I was away I missed the entry. Time is also generally a big issue for me, but that's another story.

I normally see you wait for break of Coral (which is essentially SMA50). At the time of your entry coral was 100% bullish which is another reason why I was surprised to see you go short.

Well anyway... with your trade record, you'll have no problem to get over the lost pips.


BR
  • #13,630
  • Nov 15, 2012 9:26am Nov 15, 2012 9:26am
It was small position only as I was away most of the time. +110. And was tempted to exit about 23.871 times or each time I had a chance to glimps at charts...



BR
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd top long.gif Size: 50 KB
  • #13,631
  • Nov 15, 2012 9:47am Nov 15, 2012 9:47am
Quoting tp0440
Hi Bass.

I'm sorry you hit the SL, but I had huge doubts about this trade. If anything, I'd go long.

Use TDI instead of RSI. TDI has as part of the system also RSI, but adds this two lines:
- price signal line
- market sentiment
Based on PA alone (which is still and will always be Nr. 1) or based on TDI as a system you'd see, that you are in very strong up-trend. Add to this the "buy the rumor" effect and this are the reasons I wouldn't consider short on USDJPY without at least break of SMA50 or minimally a good bearish candle, none...
I've already recovered the 50 pips double 3, my TP being hit on the Lower Band of the 2 UCHF and one CADCHF trade and already in profit on the GU and EU longs, and weeeeeeeeeeeeellllll in profits on my long term position trading of my S&P 500 Mini, Mini Dow, Wallmart, Procter and Gamble and XOM ( Exxon Mobile ).

Congrats on the EU.

Thank you buddy and have a good evening, singing off for tonight with the close of the London session, have a lot of work to do tonight Christmas is getting close.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #13,632
  • Nov 15, 2012 9:52am Nov 15, 2012 9:52am
Quoting tp0440
It was small position only as I was away most of the time. +110. And was tempted to exit about 23.871 times or each time I had a chance to glimps at charts...



BR
Relax, take it easy and enjoy the ride until you get the exit signal, don't be nervous and keep yourself disciplined, trust your system and try to trail your stop to BE, that way you will become less stressed and you will begin to enjoy the ride.
Master Your Setup, Master Your self. (NQoos)
  • #13,633
  • Nov 15, 2012 10:16am Nov 15, 2012 10:16am
Quoting bassramy
I've already recovered the 50 pips double 3, my TP being hit on the Lower Band of the 2 UCHF and one CADCHF trade and already in profit on the GU and EU longs, and weeeeeeeeeeeeellllll in profits on my long term position trading of my S&P 500 Mini, Mini Dow, Wallmart, Procter and Gamble and XOM ( Exxon Mobile ).

Congrats on the EU.

Thank you buddy and have a good evening, singing off for tonight with the close of the London session, have a lot of work to do tonight Christmas is getting close.

Regards,
B.R.

Quoting bassramy
Relax, take it easy and enjoy the ride until you get the exit signal, don't be nervous and keep yourself disciplined, trust your system and try to trail your stop to BE, that way you will become less stressed and you will begin to enjoy the ride.

I never doubted you'll came back with the vengeance.

As MR. PC mentioned, you make it look easy. I sweat each win like crazy. So - one request, even if it'll sound strange. Would you care to guide me through 2-3 of your typical setups? I also have personal reason I'd not like to discuss publicly here, so again - email or PM would be appreciated.

BR
  • #13,634
  • Nov 15, 2012 12:47pm Nov 15, 2012 12:47pm
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting tp0440
I never doubted you'll came back with the vengeance.

As MR. C mentioned, you make it look easy. I sweat each win like crazy. So - one request, even if it'll sound strange. Would you care to guide me through 2-3 of your typical setups? I also have personal reason I'd not like to discuss publicly here, so again - email or PM would be appreciated.

BR
Here normally I would have closed now more often I move SL into profit and follow my plan, Thanks to following Bass I’m growing a pair.
PC
Attached Image (click to enlarge)
Click to Enlarge Name: KMA_EU.png Size: 89 KB
Of all the things I've lost I miss my mind the most .
  • #13,635
  • Nov 16, 2012 12:41pm Nov 16, 2012 12:41pm
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
I hope everybody is ok!
Attached File(s)
File Type: mq4 SimpleADRV1.mq4   12 KB | 829 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: ADR.png Size: 62 KB
Of all the things I've lost I miss my mind the most .
  • #13,636
  • Nov 17, 2012 2:16am Nov 17, 2012 2:16am
Interactive Chart of Daily U.S. Dollar Index:

http://caracommunity.com/assets/char..._USD.daily.png
Master Your Setup, Master Your self. (NQoos)
  • #13,637
  • Nov 19, 2012 7:07am Nov 19, 2012 7:07am
I found the system and am watching it to learn its nuances. Quick question, I can't read the Slope values. The numbers have lines in them, look almost like they are transposed upon other numbers (pic attached). Any suggestions?

-Stearno
Attached Image
  • #13,638
  • Nov 19, 2012 7:29am Nov 19, 2012 7:29am
Quoting Mr C
Here normally I would have closed now more often I move SL into profit and follow my plan, Thanks to following Bass I’m growing a pair.
PC
Attachment
What do you mean about growing a pair ?
Master Your Setup, Master Your self. (NQoos)
  • #13,639
  • Nov 19, 2012 7:48am Nov 19, 2012 7:48am
Quoting bassramy
What do you mean about growing a pair ?
Finally the break on the UCAD, been waiting for it 2 weeks, let's see how far deep this Breakout will be, my limit orders is waiting @ the lower H4 Band or the WS2 before the pullback to retest the breakout Support turned resistance..
Master Your Setup, Master Your self. (NQoos)
  • #13,640
  • Nov 19, 2012 8:30am Nov 19, 2012 8:30am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting bassramy
What do you mean about growing a pair ?
Verb
to grow a pair

  1. (idiomatic, indelicate) To be brave; to show some courage, especially in a situation in which one has so far failed to do so.

You make it look so easy so I decided to do the same and follow thru on my trades, I grew a pair. (Balls)

Paul,

Of all the things I've lost I miss my mind the most .
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