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Alorente replied Mar 1, 2012It is a good trade according to the rules. I wonīt go long the euro, but the rules say it is a good trade so go for it.
Extreme TMA System
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Alorente replied Mar 1, 2012An easy system to know how much to wait, is until you begin to see the Heiken Ashi candle turn red, in this case. For a long, wait for the Heiken Ashi candle to begin turning Blue. Then you jump in. It is also important that price is outside of the ...
Extreme TMA System
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Alorente replied Mar 1, 2012Itīs not a good idea to catch a moving bus. Wait for it to stop, then you get in.
Extreme TMA System
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Alorente replied Mar 1, 2012Shah, your 1.3 indicator is almost there. The lines, arrows, colors and word location is great, but I also want to see the value like you had it before. Place it above the word. Use Ranging in DarkGray, where you have it, between -0.50 and 0.50. Use ...
Extreme TMA System
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Alorente replied Mar 1, 2012The fruit is not quite ready to fall from the tree just yet. I would have waited for a stronger test of R1 on this one and Price to be higher. Remember, Ideally you want to enter right under Resistance, to lessen risk and to increase your return. ...
Extreme TMA System
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Alorente replied Mar 1, 2012Iīll check it out, but please, guys, letīs stick with the official one on the zip file or will end up with a rice with mango paella.
Extreme TMA System
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Alorente replied Mar 1, 2012Jem, Your settings are correct. Even though your Hrs Choice setting could be 11, you want it set to the London time zone because those are the pivots most traders watch.
Extreme TMA System
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Alorente replied Feb 29, 2012Yes. Price always moves from side to side. Today was a crazy day. We moved from risk on to risk off because of Bernanke, things will settle down in the coming days, Even though I believe, the USD will continue to climb and all Eur pairs will ...
Extreme TMA System
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Alorente replied Feb 29, 2012I donīt use the EAs. They are great if you want to leave a trade on at night. A couple of guys have done it with success, But now that we take the trade under resistance (shorts) or above support (longs), the EA is really not necessary. I know ...
Extreme TMA System
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Alorente replied Feb 29, 2012Look at my trades today. I published the results an hour ago. 10 trades, 100% success using these rules. I also have 12 winners in a row with this method in M1. I did not publish those trades. I have been talking to others through PM that have been ...
Extreme TMA System
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Alorente replied Feb 29, 20121- You determine trend on the M15 and then you can move to H1 and trade the M15 result. For example: If a pair is in the Range zone in M15, you can trade both ways in H4 without looking at Rule 1 again. As long as rule 1 is confirmed in M15, you can ...
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Alorente replied Feb 29, 2012Thanks for your kind words William, Where in Florida? I used to go to Naples very often. Likewise, if you want to see Madrid, you are invited to stay at my house and share our experiences.
Extreme TMA System
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Alorente replied Feb 29, 2012An H1 order will take from 15 hours to 30 hours to complete to the opposite band, so as long as you can look at it a couple of times a day and set stop losses in case the market gets crazy, youīll be ok.
Extreme TMA System
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Alorente replied Feb 29, 2012Ideally yes. But you can take your trades if they are close to the levels. It is up to you. I take them when they have touched (tested) the resistance, to make sure price doesnīt break through. In fact, I like to wait a while and enter on the second ...
Extreme TMA System