This trade I will take to opposite band because the Usd is strong overall today as a follow up from yesterday The UsIndex chart looks very bullish.

Extreme TMA System

I´n short GbpUsd at FPV.

Extreme TMA System

I am now watching GbpUsd like a hawk. Reason: It is testing FPV which is the most important pivot. In this case I may short even though it is not outside of the band because of the overall strength in Usd and FPV is hard to break.

Extreme TMA System

Back to Usd. You just saw how UsdJpy, which happens to be the first wagon in this case, gave you a 15 minute head start on the bullish turn for Usd again. All of the other pairs stalled in their progress and are beginning to turn now.

Extreme TMA System

The way I analyze AudNzd right now is: If it gets to R3, I sell short. If it doesn´t I forget about it because R2 is to close. It is very probable that it will test R3.

Extreme TMA System

I´m not crazy about that, because it can hit R2 on the way back, trigger your sell stop, bounce on R2 which is now support and head back to R3. Remember, broken resistance becomes support once you clear it.

Extreme TMA System

What I just told you in the past 30 minutes will make you a lot of money in your Forex trading life if you make it a habit to scan all the pairs until it becomes second nature. Never allow yourself to become fixated on one pair. Like a pilot in the ...

Extreme TMA System

OK. If you look at EurUsd now, it quickly went to senter line in two cancles, but look at GbpUsd. It gave you a 3 candle preview of what would happen with EurUsd. Usd Jpy gave you a 2 candle jump on the future. Common pairs are joined at the hip. ...

Extreme TMA System

You can take the trade right there because Usd was already weakening in other currencies. Don´t get fixated on one pair. Always scan to all the other pairs to get a full picture of what is happening.

Extreme TMA System

No. You should get right of the midpoints, yesterday´s high and low, monthly high and low, weekly high and low and Camarillas. You can leave today´s open because price likes to retrace to the open especially on gap opens. All the rest just clutter ...

Extreme TMA System

I also like to get my first profitable trade of the day in the books, to get the day started in the right direction. You would not believe how important that is psychologically when you do it every day.

Extreme TMA System

The reason I exited at centerline is UsdJpy was also weakening and I feel the Usd is strong right now. Going to the opposite band was too optimistic. It may do it, but as they say in Spain: A bird in the hand is worth more than 2 in the air.

Extreme TMA System

Out of UsdChf at center line for a quick +18 pips

Extreme TMA System

No. I don´t trade the news. Just the technicals.

Extreme TMA System

On Watch — AudNzd AudJpy

Extreme TMA System

It looks like the place to short AudNzd will be at R3.

Extreme TMA System

The tip I just gave you applies to exiting also. If you are in a Usd or Eur position and you see the other freternal pairs starting to turn, you should consider exit even if your pair is still going. This is one of the reasons why it is very ...

Extreme TMA System

UsdCad also.

Extreme TMA System

You could see the same happening on GbpUsd and AudUsd. When one starts , the others usually follow.

Extreme TMA System

The reason I took this trade is because it was at R1 but most important, because I saw Usd weakening against the Jpy, so even though I didn´t have a red candle, I did have one in UsdJpy. Always keep an eye on what other similar pairs are doing ...

Extreme TMA System