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Alorente replied Feb 29, 2012I love volatility and with the Extreme TMA system we will be able to bank a ton of pips with it. As an example, look at GbpJpy. Normally, I could expect to bank 30 pips selling short on the upper level and riding it to the lower level. In this case, ...
Extreme TMA System
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Alorente replied Feb 29, 2012Green means the TMA is still rising. The drop in the bars means the rate os rise is decreasing. When it reaches o it will be level. When you see the red color appear the TMA will be declining and the values will get negative. So the chart is ...
Extreme TMA System
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Alorente replied Feb 29, 2012Right now slope value is -0.67 for EurUsd. Out of the Range Zone. Only short trades allowed.
Extreme TMA System
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Alorente replied Feb 29, 2012The chart on post 1885 is a perfect entry point with the new rules. That is exactly were I entered that pair. Im up +20 pips on it now.and +16 pips on UsdJpy.
Extreme TMA System
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Alorente replied Feb 29, 2012It sounds like you grasped the rules. They are much clearer and easier to trade now. We should all be within 2 or 3 pips of each other on trades with these rules. Another advantage is for those that use tight stops. It is great to have resistance ...
Extreme TMA System
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Alorente replied Feb 29, 2012Hi Corvo, It has been a very profitable day so far. Maybe will get close to 300 pips for today. We´ll see. I´ve changed the system rules. Read Page 1 so you can get some trades in using the new rules. I am using them all day today and doing well ...
Extreme TMA System
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Alorente replied Feb 29, 2012I´m glad I could be of help to you. It gets lonely sometimes trading. Just stick to the rules and you´ll be ok.
Extreme TMA System
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Alorente replied Feb 29, 2012Looks good. That´s exactly where I shorted GbpJpy. The Slope indi was dropping and was testing R3.
Extreme TMA System
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Alorente replied Feb 29, 2012Flaw, Here is an H4 THV4 chart. This is my bread & butter system I´ve used for years. Until now, of course with the TMA system... As you can see, EurUsd has double topped and look at the Trix Bear divergence arrows (Middle indicator). You can also ...
Extreme TMA System
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Alorente replied Feb 29, 2012The Slope indi is rising, indicating a rebound upcoming for Eur Usd.
Extreme TMA System
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Alorente replied Feb 29, 2012I sold Gold long a bit over an hour ago at 1781.60. It is now $66 bucks lower. That would have wiped out many an account. Gold is an extremely dangerous animal. I recommend you all stay as far away from it as you can.
Extreme TMA System
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Alorente replied Feb 29, 2012Also, keep a keen eye for S/R levels. They are very important in M1 charts.
Extreme TMA System
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Alorente replied Feb 29, 2012Very good method. I can tell you have years of experience. Now with the Slope indicator, you will be able to determine trend within the same M1 chart. It is still a good habit to get into to check other time frames for trend though. Keep up the good ...
Extreme TMA System
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Alorente replied Feb 29, 2012EurUsd has now left the Range Zone. Only shorts are allowed until the Slope Indicator rises above -0.50.
Extreme TMA System
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Alorente replied Feb 29, 2012Thanks Robert, I am also amazed at the M1 success. As of now, I have 12 winners in a row. I find it very easy to trade Extreme TMA in M1. Much easier than with other systems. I believe average daily profits trading full time will line up like this ...
Extreme TMA System