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Extreme TMA System

  • #14,501
  • May 21, 2013 12:26pm May 21, 2013 12:26pm
Quoting bassramy
{quote} H., I'm trading a variation of this system, same basics but different rules for entry and exit, if I wasn't profitable i would have ditched this system a long time ago, I don't have time to waste on crappy systems, I'm trading it live with an excellent win rate and good average Risk:reward of 1:4-6 times. Regards, B.R.
ramy, what are your own rules? Can you kindly be sharing your daily views on major currency pairs?
************************* Knowledge is an endless research
  • #14,502
  • May 22, 2013 1:55am May 22, 2013 1:55am
Quoting Tess1
{quote} ramy, what are your own rules? Can you kindly be sharing your daily views on major currency pairs?
T., you already know my rules and my analyses as i always post them here, just look @ the last 50 - 100 pages and more of this thread.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #14,503
  • May 22, 2013 3:00am May 22, 2013 3:00am
good morning bass, how was ur night? And ur family members too?
Regards
  • #14,504
  • May 22, 2013 6:01am May 22, 2013 6:01am
Quoting Jnr6or
good morning bass, how was ur night? And ur family members too? Regards
Thank you J., it was excellent thankx for asking.
Master Your Setup, Master Your self. (NQoos)
  • #14,505
  • May 22, 2013 6:12am May 22, 2013 6:12am
Quoting bassramy
I've got another good Short call on the GCHF but its still a little bit early for it, we will wait until the Break of the Ascending Trendline, the same for the UCHF showing signs of weakness with a bearish pinbar printed yesterday but in the middle of nowhere ( No support and no Resistance ) .
The GCHF short Trade is materializing and the GU Has hit the Lower D1 Band but didn't rebound yet, waiting for a fresh signal and confirmation to cover my shorts and Go long, contemplating scaling in short and selling the EU Rally as it hit Resistance @ 530 .
Attached Image (click to enlarge)
Click to Enlarge Name: GU_H1_ETMA.png Size: 133 KB
Master Your Setup, Master Your self. (NQoos)
  • #14,506
  • May 22, 2013 7:10am May 22, 2013 7:10am
Quoting bassramy
{quote} T., you already know my rules and my analyses as i always post them here, just look @ the last 50 - 100 pages and more of this thread. Regards, B.R.
ramy, thanks. Maybe i missed some pages when i wasn't around. I will try and go back and check those pages. Keep it up. You are the reason why i am still on this thread because i have learnt so much from your analysis and comments.
************************* Knowledge is an endless research
  • #14,507
  • May 22, 2013 8:06am May 22, 2013 8:06am
Quoting bassramy
{quote} After covering my shorts and taking profits @ the Bottom of the Lower D1 Band last week, i went long like i showed you 5 days ago @ the Break of the Descending trendline and didn't looked back since, the move is almost over we got another upward leg after the retracement bak down that we got from the rejection of the long term Descending Trendline. Looking @ the Daily chart we can see that the UCAD is moving in a Descending channel ( Look @ the angle of your D1 TMA Bands on the H1 TF ) and this move should reverse @ the 2530 @ minimum, and...
UCAD Triple top, taking profit and watching closely for a short @ the upper D1 Band + confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: UCAD_H1_ETMA.png Size: 116 KB
Master Your Setup, Master Your self. (NQoos)
  • #14,508
  • May 22, 2013 8:22am May 22, 2013 8:22am
Crude is looking exhausted @ resistance and the Nikkei still charging higher and higher, 6761 pip since this bull run started.

Regards,
B.R.
Attached Image (click to enlarge)
Click to Enlarge Name: Nikkei_D1.png Size: 58 KB
Master Your Setup, Master Your self. (NQoos)
  • #14,509
  • Edited 9:51am May 22, 2013 9:36am | Edited 9:51am
Look @ MR. Ben speaking, is this for real, 150 pips and still counting, from ADR High to ADR Low, the whole daily range in just 20 Minutes.
Attached Image (click to enlarge)
Click to Enlarge Name: NU_H1.png Size: 62 KB
Master Your Setup, Master Your self. (NQoos)
  • #14,510
  • May 23, 2013 3:05am May 23, 2013 3:05am
good morning bass, pls i need some advice on GCHF
  • #14,511
  • May 23, 2013 3:09am May 23, 2013 3:09am
good morning bass, pls i need some advice on GCHF, looking at the D1 chat considering the D1 and W1 bands do u think PA will definately reach D1 lower band before it continues up.
ur advice will always be appreciated sir,
Regards
  • #14,512
  • May 23, 2013 3:11am May 23, 2013 3:11am
Quoting bassramy
Crude is looking exhausted @ resistance and the Nikkei still charging higher and higher, 6761 pip since this bull run started. Regards, B.R. {image}
Update : I jinxed the Nikkei, this market responded violently to the FOMC Hint of a QE3 Exit, A big crash on all the Indices happened last nigh and today, is it sustainable ?, don't know, we should wait and see.
Master Your Setup, Master Your self. (NQoos)
  • #14,513
  • May 23, 2013 3:17am May 23, 2013 3:17am
Quoting Jnr6or
good morning bass, pls i need some advice on GCHF, looking at the D1 chat considering the D1 and W1 bands do u think PA will definately reach D1 lower band before it continues up. ur advice will always be appreciated sir, Regards
Like i said yesterday, The GCHF short Trade is materializing and I'm already in it for 2 Lots after the retest of the Recent high yesterday and all my rules had lined up, let's see if this market agrees with us.

If everything goes perfectly our way, this trade is a 1:6-8 ; risk:Reward, already my SL is moved to Breakeven of my First lot entry.
Attached Image (click to enlarge)
Click to Enlarge Name: GCHF_H1_ETMA.png Size: 137 KB
Master Your Setup, Master Your self. (NQoos)
  • #14,514
  • Edited 3:39am May 23, 2013 3:26am | Edited 3:39am
Pay a close attention of the GU , Second Estimate GDP q/q is in 5 Minutes and GU is on the D1 Lower Band, if it surprises to the upside we can see a spark up and a relative change of the trend for both the GU and GCHF.

We should take notice of several AUD pairs which are @ support or Resistance the NU also, the last nigh and today crash of the AU pairs was due to the negative numbers coming from china.

Update : OK it came as expected 0.3, the Recent moves of the GU pairs should continue as is and even deepens, the Next Number to watch is the USD Unemployment Claims @ 1.30pm GMT.
Master Your Setup, Master Your self. (NQoos)
  • #14,515
  • May 23, 2013 3:43am May 23, 2013 3:43am
Quoting bassramy
Pay a close attention of the GU , Second Estimate GDP q/q is in 5 Minutes and GU is on the D1 Lower Band, if it surprises to the upside we can see a spark up and a relative change of the trend for both the GU and GCHF. We should take notice of several AUD pairs which are @ support or Resistance the NU also. Update : OK it came as expected 0.3, the Recent moves of the GU pairs should continue as is and even deepens, the Next Number to watch is the USD Unemployment Claims @ 1.30pm GMT.
ramy, i appreciate all your analysis so much. Please can you kindly let me know your your D1 ATR Multiplier for GU, EU, GCHF, UCAD, AU, EAUD and EG?
************************* Knowledge is an endless research
  • #14,516
  • May 23, 2013 3:49am May 23, 2013 3:49am
Quoting Tess1
{quote} ramy, i appreciate all your analysis so much. Please can you kindly let me know your your D1 ATR Multiplier for GU, EU, GCHF, UCAD, AU, EAUD and EG?
Buddy, its still like always the Median 2.5.
Master Your Setup, Master Your self. (NQoos)
  • #14,517
  • May 23, 2013 10:25am May 23, 2013 10:25am
Quoting bassramy
{quote} Buddy, its still like always the Median 2.5.
ramy, i think AU is forming pinbar on D1.
************************* Knowledge is an endless research
  • #14,518
  • May 23, 2013 1:58pm May 23, 2013 1:58pm
Jnr6or, i hope you saw my messages.
************************* Knowledge is an endless research
  • #14,519
  • Edited 4:44am May 24, 2013 2:55am | Edited 4:44am
Quoting Tess1
{quote} ramy, i think AU is forming pinbar on D1.
Yes, thank you, i saw that, this is the almost complete list ;

GBPAUD : Bearish pinbar on Resistance
NZDUSD : Bullish pinbar on support
AUDUSD : Bullish pinbar on support
EURAUD : Bearish pinbar in the Middle of Nowhere
EURGBP : Bearish pinbar on Resistance
GBPNZD : Bearish pinbar in the Middle of Nowhere, ignore it, continuation of the bullish trend.
AUDNZD : Trying to break support or Descending triangle still couldn't close under.
AUDCHF : HUGE Bullish pinbar on support
AUDCAD : Bullish pinbar on support
USDCAD : Bearish Piercing Line on almost Resistance
Light Sweet CRUDE : Got back all his EU session losses @ the NY Session and closed significantly higher forming a Huge Bullish pinbar on support ( Against the Miterm Trend ).
Nasdaq 100 : Bullish pinbar
S&P 500 : Bullish pinbar
DAX : Bullish pinbar after a bearish pinbar and a gap down
Dow 30 : Bullish pinbar after a bearish one the day before yesterday.
Nikkei : A huge reversal forming a huge bar after a bearish pinbar the day before.

These are trend defining days, with the Feds thinking of exiting QE3 ( What's been driving the Bull Markets In Equities) and the slowdown in china, there is a lot of uncertainty and that's why we see one day a bearish pinbar and the other a bullish one.

My advice in these days, stay in cash until u got a clearer picture.

Regards,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #14,520
  • May 24, 2013 4:55am May 24, 2013 4:55am
Food for thought, the GU is slowly carving a bullish Bias on the Lower D1 Band, and like always we look @ the Forest from the trees thoroughly before we jump, in this case the Daily TF, the GU is exactly @ and been rejected from a double support level yesterday which make him a strong candidate for a bullish reversal, let's see if the Core Durable Goods Orders m/m News event @ 1.30 GMT can give him a push higher like the positive German Ifo Business Climate did with EU earlier today.

Waiting for any sign of Bullish recovery for the AU and NU to go long but today is Friday so better wait for next week, I'm also doing some end of the week profit taking.

Regards,
B.R.
Attached Image (click to enlarge)
Click to Enlarge Name: GU_H1_ETMA.png Size: 134 KB
Master Your Setup, Master Your self. (NQoos)
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