Extreme TMA System

OK i understand now, thanks, hope ur getting good results.

Thanks I am, my real problem preventing me was an incomplete trading plan I would find great setups enter then second guess myself the duration of the trade most times exiting to early, now my plan includes plan B.
When I enter a trade now I know ahead of time the reasons I would need to exit early so I wait for the market to show its hand instead of guessing or exiting on a feeling I have confidence in my chart studies and follow my plan.
Paul,

I MISS THESE POST!

USDCAD DailyFX

Prices put in a Shooting Star candlestick below resistance at 1.0039, the 50% Fibonacci retracement, hinting a move lower is ahead. Initial rising trend line support lines up at 0.9914, with a break below that that initially exposing 0.9883. Alternatively, a push above resistance exposes the 61.8% Fib at 1.0135. Overall positioning continues to favor a move to a measured upside target at 1.0140 after the pair completed an inverse Head and Shoulders bottom on October 19.

My_2_Cents
EU bounced off WR_1came back down bounced on a round number it just broke thru 1.2800 now looking to retest WR_1.
The M15, M30 and H4 are still Bullish the M5 has gone bear the H1 & D1 are unclear at this time.
Took my profit and out.
PC

Attached Image (click to enlarge)

For Fun
http://www.fxempire.com/currencies/e...hart-patterns/

Mr C.

Nice chart you have....
Could you share what indi you have to be able to see multi time frame on your EURUSD dark grey chart?
Also the indicator you have at the right side of the chart with H1 D1 H4 W1 etc... with blue horizontal line with vertical line?

Thank you again for sharing your thoughts!

Mfinab,

Hi Mfinab, I placed all the indicators used on my chart & the template this way you can remove what you don`t want.
PC



with H1 D1 H4 W1 etc... MTF_EMA's the vertical line is a different indicator dayly H_L...

Hi Mr C
Thank you very much!

Very appreciated!

When that happens I just refresh or open the indi properties and close and it clears up the #, the line make them the same color as your chart if they bug you and use your cross hair.
PC

Hi Mr C
I tried to reply on your private message but not sure if it's working?

Mfinab

[quote=Mr C;6209943]My_2_Cents
EU bounced off WR_1came back down bounced on a round number it just broke thru 1.2800 now looking to retest WR_1.
The M15, M30 and H4 are still Bullish the M5 has gone bear the H1 & D1 are unclear at this time.
Took my profit and out.
PC
Attachment

Oh yah and the news!

Anybody know why it is doing this? Thanks!

http://www.forexfactory.com/showthre...17#post5963817

Thank you!! That worked like a charm!

- Stearno

THE TAKEAWAY: The US Dollar pulled back after touching a 3-month as the S&P 500 launched a recovery, denting demand for the go-to safe haven currency.


US DOLLAR TECHNICAL ANALYSIS– Prices pulled back toward support at 9993, the 23.6% Fibonacci retracement reinforced by a rising trend line set from the October 17 low. A break below this barrier targets the 38.2% Fib at 9945. Near-term resistance is at 10071, the November 16 high, with a reversal above that targeting the 38.2% Fib expansion at 10123.


http://media.dailyfx.com/illustratio..._Picture_4.png



S&P 500 TECHNICAL ANALYSIS – Prices rebounded as expected after completing Bullish Engulfing candlestick pattern. The bulls now aim to challenge the 38.2% Fibonacci retracement at 1392.80, with a break above that exposing the 1400 figure and the 50% level at 1408.50. Near-term support is at 1373.40, the 23.6% retracement. A reversal back below that aims to challenge 1342.10, the November 16 low.



http://media.dailyfx.com/illustratio..._Picture_3.png



GOLD TECHNICAL ANALYSIS – Prices are testing resistance at 1737.28, the 23.6% Fibonacci retracement. A break above that targets the 1790.55-1802.80 area. Near-term support lines up at 1701.09, the 38.2% Fib. This is reinforced by the 1700 figure and a rising trend line at 1687.69. A push below the latter level exposes the 50% retracement at 1642.57.


http://media.dailyfx.com/illustratio..._Picture_2.png



Want to learn more about RSI? Watch this Video.


CRUDE OIL TECHNICAL ANALYSIS– Prices pushed above resistance at 87.70, the 38.2% Fibonacci expansion, exposing the 90.00 figure and the 23.6% level at 92.53. A further break above the latter level aims for a longer-term trend line resistance now at 95.75. The 87.70 level has been recast as support, with a reversal below that exposing the 50% barrier at 83.79.


http://media.dailyfx.com/illustratio..._Picture_1.png

Have a nice Day Everybody.

What I'm looking @ today.

All the Forex Trading Commentary is by our Friend Nial Fuller i strongly encourge you to take a look @ his site .

Trade Setups Commentary: Dow Jones Moves Higher From Pin Bar, 19th November 2012

Trading Setups / Chart in Focus:

DJ30 – Dow pin bar setup update
The Dow futures market moved higher today as it continued to gain ground after finding support at 12,450 area late last week. We would note that the bullish pin bar strategy we discussed in Friday’s commentary has provided traders with a nice entry and the potential for more gains up into key resistance at 12,960. If the market does continue higher and moves into that key resistance near 12,960, we would consider a short entry there if any obvious price action strategies form there showing a rejection of that resistance.


http://clip2net.com/clip/m15546/1353...-clip-18kb.png
Weekly Forex Price Action Chart Outlook for November 19th – November 23rd 2012

Weekly Forex Price Action Chart Outlook for November 19th – November 23rd 2012
EURUSD – Euro/dollar trading just below resistance

The EURUSD is still moving lower overall, however last week we saw the market stage a modest rally after finding support at 1.2660 and then forming a bullish pin bar / fakey from that level. The market then rallied up into 1.2800 key resistance but was unable to close above that level last week. This week, if the market remains contained below 1.2800 we will expect the downtrend to remain intact. If the market rallies and closes above 1.2800 however, it would open the door up for more gains.


http://clip2net.com/clip/m15546/1353...-clip-16kb.png

GBPUSD – Sterling/dollar ended last week with a small rally

The GPBUSD ended last week on a slight pop higher as the market found support at 1.5825 on Thursday and then pushed higher into Friday. We can see the downtrend is still intact in this market, but there’s potential for a continuation of this counter-trend rally early this week. If that happens, we will wait and look for a price action trading sell signal from resistance to rejoin the falling market.


http://clip2net.com/clip/m15546/1353...-clip-20kb.png

AUDUSD -Aussie/dollar pin bar setup
The AUDUSD formed a pin bar at near-term support near 1.0300 on Friday as the market tried to move lower but ended up creating a false-break of that support instead. This week, if the market remains buoyant above 1.0300 we could see price pop higher from Friday’s pin bar, perhaps up towards the next resistance which comes in around 1.0435.


http://clip2net.com/clip/m15546/1353...-clip-19kb.png

USDJPY – Dollar/yen remains very bullish, looking for buy signals
Last week, the USDJPY exploded higher from the pin bar setup off 79.20 support area that we first discussed in our November 13th commentary. Clearly, near-term momentum is up and this market has a lot of room to move higher as there isn’t any key resistance for quite a while. This week, we can look to rejoin this surging market if the market retraces lower into support. We would watch for a price action buy signal on the intra-day or daily chart time frame if the market does retrace lower this week.

http://clip2net.com/clip/m15546/1353...-clip-22kb.png

[quote=Mr C;6210755] Took profit yesterday on EU longs and UCHF Shorts on the H4 Upper and Lower Band Respectively, still GU long, UCAD short, NU short, waiting for the next leg down on UCHF to go long with the trend and guess what shorted the UJ this morning.

Ah and forget to tell you that it works like a charm.

Regards,
B.R.

EU Current status.

http://www.marketfolly.com/2012/11/i...arket+Folly%29

Nice Graphics.

Soros Buying Gold as Record Prices Seen on Stimulus

Hi Bass, good to see you have a bit of spare time I know you have been busy, I'm just getting started this morning and I already need something, could you please share your Weekly support indicator I have been trying to make one that does not cross the chart like yours.

Thanks, PC