Extreme TMA System | Page 732 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Hennis Extreme TMA System 105 replies

TMA Reality Tour 116 replies

Happs with TMA Trading Journal 25 replies

MTF TMA 287 replies

SnakeForce - simple TMA with alert? 3 replies

Attachments: Extreme TMA System
Exit Attachments

Extreme TMA System

  • #14,621
  • Jun 14, 2013 10:12am Jun 14, 2013 10:12am
Quoting ChanhXanh
Congratulations for EUR/AUD Bassramy I admire your exit close to the weekly resistance and your patience on this trade You are already shorting this pair ? Is it because you see EUR/USD at the high and AUD/USD at the low ? Because what I see at the moment is rejection from Resistance + LL/LH I am waiting for a daily break of the Yellow trendline on my attached chart, then I will start shorting ^^ {image}
I shorted because all my rules of the ETMA lined up:

1- Long term D1 bearish pin bar on multiple resistance levels.
2- Short term trend line broken than retested from below.
3- BTS broken and the last higher low broken with the cci crossing the 0 line downward.
4- DC lower level broken and retraced back higher. Placed a sell limit order @ the higher low break.
5- PA retested that HL and triggered my Sell Limit order and then went back down.

All the rules are met in line with my TMA bands strategy, short been triggered.

Best,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #14,622
  • Jun 15, 2013 3:03am Jun 15, 2013 3:03am
[highlight=rgba(255, 255, 255, 0)]IT FINALLY COMES OUT: Elite Traders Are Getting Access To Data Before Everyone Else[/highlight]
[highlight=rgba(255, 255, 255, 0)]

Read more: http://www.businessinsider.com/laten...#ixzz2WGnedoq1
[/highlight]
Master Your Setup, Master Your self. (NQoos)
  • #14,623
  • Edited 3:27am Jun 15, 2013 3:08am | Edited 3:27am
Good weekend read:

Why You Should Try Being A Trader (At Least Once)

[highlight=rgba(255, 255, 255, 0)]Get it out of your system[/highlight]
[highlight=rgba(255, 255, 255, 0)]
Read more: http://www.businessinsider.com/categ...#ixzz2WGogCg4S[/highlight]

http://www.businessinsider.com/10-ch...ly-info-2013-6

[highlight=rgba(255, 255, 255, 0)]60 Seconds With The Most Recognizable Broker On The Floor Of The New York Stock Exchange[/highlight]
[highlight=rgba(255, 255, 255, 0)]
Read more: http://www.businessinsider.com/60-se...#ixzz2WGqqsUBZ[/highlight]

[highlight=rgba(255, 255, 255, 0)]In One Chart, Here's Why Investors Around The World Are All Talking About The Yen[/highlight]
[highlight=rgba(255, 255, 255, 0)]Read more: http://www.businessinsider.com/corre...#ixzz2WGt59n5E[/highlight]
http://www.businessinsider.com/corre...and-yen-2013-6
Master Your Setup, Master Your self. (NQoos)
  • #14,624
  • Jun 15, 2013 3:38am Jun 15, 2013 3:38am
Hi Basramy
How about we modify the rules? this is ridiculous, not a single freaking trade in a month.... I am trying to find the old package, but i haven't yet

Not sure what Al was thinking really with this latest zip.

Anyway, where to we start? modifying the TMA?
  • #14,625
  • Jun 15, 2013 5:59am Jun 15, 2013 5:59am
Quoting thewriter30
Hi Basramy How about we modify the rules? this is ridiculous, not a single freaking trade in a month.... I am trying to find the old package, but i haven't yet Not sure what Al was thinking really with this latest zip. Anyway, where to we start? modifying the TMA?
Buddy, you have several options:

1- ask me in pm for my version of the ETMA, I'm willing to share my version with anyone like you who are genuily interested in this system and a frequent poster in this post, I'm notoriously know for not sharing my work with any passer by, because I don't believe in hitchhiking and 1 night stand, I'm a true believer in hard work and earning your daily bread with your own hands or mind, and anyone like you who is working hard to trade and develop this system and thread is worth it and more.

2- I can provide you with the older packages if you want, you only have to ask.
3- we can work together @ again reenhancing and redeveloping this system together.
4- you can ditch this system all together and go find another profitable one.

Best,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #14,626
  • Jun 15, 2013 6:17am Jun 15, 2013 6:17am
Quoting bassramy
{quote} I shorted because all my rules of the ETMA lined up: 1- Long term D1 bearish pin bar on multiple resistance levels. 2- Short term trend line broken than retested from below. 3- BTS broken and the last higher low broken with the cci crossing the 0 line downward. 4- DC lower level broken and retraced back higher. Placed a sell limit order @ the higher low break. 5- PA retested that HL and triggered my Sell Limit order and then went back down. All the rules are met in line with my TMA bands strategy, short been triggered. Best, B.R.
ramy, thanks for these rules. I think i now understand these new rules. I am now trying to master the whole thing. But can you please share the BTS with me?
************************* Knowledge is an endless research
  • #14,627
  • Jun 15, 2013 8:26am Jun 15, 2013 8:26am
i have made a little modification to the system by using the TMA lines only. i have added a new indicator as well. If bassramy permits, i can share it for evaluation here
  • #14,628
  • Jun 15, 2013 1:26pm Jun 15, 2013 1:26pm
I've started using the etma 2 months and things are doing wel but I'm still learning though. Thànk you everyone who have contributed
trading alone is lonely
  • #14,629
  • Jun 15, 2013 5:12pm Jun 15, 2013 5:12pm
Quoting bassramy
{quote} Buddy, you have several options: 1- ask me in pm for my version of the ETMA, I'm willing to share my version with anyone like you who are genuily interested in this system and a frequent poster in this post, I'm notoriously know for not sharing my work with any passer by, because I don't believe in hitchhiking and 1 night stand, I'm a true believer in hard work and earning your daily bread with your own hands or mind, and anyone like you who is working hard to trade and develop this system and thread is worth it and more. 2- I can provide...
Hi BR,
I am, been there for 7+ years, and probably will never give up.... There are personal reasons that keep me trying and trying. I am also looking at the TMS trading posts (trade made simple) but I have a will to COMBINE both... we can discuss this further,,,,

Yes I try hard yet I still make the same overleverage mistakes of old! that will take time to change...it's like a chronic decease..

I'd love to try your version, very kind of you! I honestly haven't found 1 single entry on this system, so you posting your entries would be amazingly helpful (snapshot I mean) but if you have your own system you may not want to publish this for the world, which I understand...

Will send pm

Saludos!
  • #14,630
  • Jun 16, 2013 10:36am Jun 16, 2013 10:36am
Quoting nomi6224
i have made a little modification to the system by using the TMA lines only. i have added a new indicator as well. If bassramy permits, i can share it for evaluation here
All ideas are welcome and together we can maybe build a better system, it's like they say, 2 minds are better then one and 3 much better etc...
Master Your Setup, Master Your self. (NQoos)
  • #14,631
  • Jun 16, 2013 11:22am Jun 16, 2013 11:22am
[highlight=rgba(255, 255, 255, 0)]Everything Bill Gross Recommended At Barron's January Roundtable Has Lost Money[/highlight]


http://www.businessinsider.com/barro...returns-2013-6


[highlight=rgba(255, 255, 255, 0)]GOLDMAN: Here's How The Fed Will Try To Calm The Markets This Week[/highlight]
[highlight=rgba(255, 255, 255, 0)]

Read more: http://www.businessinsider.com/clust...#ixzz2WOh20KuT
[/highlight]
Master Your Setup, Master Your self. (NQoos)
  • #14,632
  • Jun 17, 2013 1:50am Jun 17, 2013 1:50am
Hello, do you know meaby how to switch on sound when fastTMA line (central line) will swith color red for green or white?

Thanks! ;-)

i love this thread
  • #14,633
  • Jun 17, 2013 3:52am Jun 17, 2013 3:52am
Quoting bassramy
{quote} I shorted because all my rules of the ETMA lined up: 1- Long term D1 bearish pin bar on multiple resistance levels. 2- Short term trend line broken than retested from below. 3- BTS broken and the last higher low broken with the cci crossing the 0 line downward. 4- DC lower level broken and retraced back higher. Placed a sell limit order @ the higher low break. 5- PA retested that HL and triggered my Sell Limit order and then went back down. All the rules are met in line with my TMA bands strategy, short been triggered. Best, B.R.
And here is the Chart to prove it, everything is going as planned I'm even already trailing my stops, Now let's see if the Markets agrees with us .

p.s. take a look @ the number of pips already in profit in the upper right corner.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudh1_xmas tree.png Size: 109 KB
Master Your Setup, Master Your self. (NQoos)
  • #14,634
  • Jun 17, 2013 9:26am Jun 17, 2013 9:26am
A perfect example why we should not buy or sell @ the Bands without confirmation is the recent GU that keep pushing and pushing higher without fulfilling our rules of confirmation, a signal alone worth nothing without confirmation, the more confirmation we have the more probabilities we place to our side = more chance we have to place a profitable trade, sometimes on the expenses of several pips less but really who cares.

This example works on the EU also.

Best,
B.R.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1_xmas tree.png Size: 102 KB
Master Your Setup, Master Your self. (NQoos)
  • #14,635
  • Jun 18, 2013 3:24am Jun 18, 2013 3:24am
Very good,
whether to load all indicators, metatrader is slow it may be due?.
the truth is that you as a jerk, I've deleted some metatrader indicators in the letter but I still go to jerks. Any suggestions?
Thank you very much.
  • #14,636
  • Jun 18, 2013 3:43am Jun 18, 2013 3:43am
Quoting bassramy
A perfect example why we should not buy or sell @ the Bands without confirmation is the recent GU that keep pushing and pushing higher without fulfilling our rules of confirmation, a signal alone worth nothing without confirmation, the more confirmation we have the more probabilities we place to our side = more chance we have to place a profitable trade, sometimes on the expenses of several pips less but really who cares. This example works on the EU also. Best, B.R. {image}
GU BTS Broken to the downside and now retested from below, start to build my Shorts.

EU going strong after Draghi's comments but looks exhausted trying to break his resistance, very close to my BTS, i think that he's looking for direction I'm sure he is waiting for the German ZEW Economic Sentiment News Release to decide either to brake up and continue his trend or to reverse after completing his range and start his bearish move.

Best,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #14,637
  • Jun 18, 2013 3:45am Jun 18, 2013 3:45am
Quoting burnssss
Very good, whether to load all indicators, metatrader is slow it may be due?. the truth is that you as a jerk, I've deleted some metatrader indicators in the letter but I still go to jerks. Any suggestions? Thank you very much.
Lost in the translation and called us Jerks.
Master Your Setup, Master Your self. (NQoos)
  • #14,638
  • Jun 18, 2013 3:53am Jun 18, 2013 3:53am
Quoting burnssss
Very good, whether to load all indicators, metatrader is slow it may be due?. the truth is that you as a jerk, I've deleted some metatrader indicators in the letter but I still go to jerks. Any suggestions? Thank you very much.
Close some charts, go to your experts tab on mt4 to debug your terminal and try to lower down the number of candles that loads in every chart by going to tools > options > charts and try to lower it to 50000 instead of the default, and then restart your mt4, i think that its one of your bad coded loaded indicators that's making the problem.

Hope it helps.
Master Your Setup, Master Your self. (NQoos)
  • #14,639
  • Jun 18, 2013 3:57am Jun 18, 2013 3:57am
Insider trading, EU start to move up 5 minutes before the ZEW Release, its like someone know's that the news will be EU positive before everyone else.
Here we go EU broke 4 Months resistance.
Now its the turn for the USD News release @ 1.30 GMT.
Master Your Setup, Master Your self. (NQoos)
  • #14,640
  • Jun 18, 2013 4:04am Jun 18, 2013 4:04am
sorry for the translation, my English is a little limited. I'm testing indicators are those that put Al in the post 1. If anyone has encountered the same problem or think you have a bug in your code and for that reason is slow, please let me know.
Bassramy thank you very much for your reply and sorry for my bad translation
4 traders viewing now