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Alorente replied Feb 28, 2012Between -050 and +0.50, trades in both directions are allowed. All of the trades I placed today were between these two figures.
Extreme TMA System
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Alorente replied Feb 28, 2012The Slope is +0.14 now, which means it is ranging, and thus trades in both directions are allowed. Read Page 1 Rule 1.
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Alorente replied Feb 28, 2012It has worked on every chart I´ve looked at today, except AudNzd, but it seems the down move is beginning now. The interesting thing I am seeing in all the charts, is the Slope indi starts going in the opposite direction again, one bar before the ...
Extreme TMA System
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Alorente replied Feb 28, 2012It will work on the other TFs. You may have to adjust the ATR Multiplier input , but I would try it as is first. Tell us how you make out.
Extreme TMA System
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Alorente replied Feb 28, 2012Yes. It still wasn´t to the top band so it broke the Pivot on the second try. Now, on the way down, it should encounter the Pivot again around Center Line. If it stalls there I may get out. But again, the Slope indi will give us a warning before it ...
Extreme TMA System
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Alorente replied Feb 28, 2012This is the Oil chart. See the drop for 6 hours of the Slope indi and the the huge drop. At the bottom, the indi calls the end of the move by beginning to climb on the bar prior to the bottom
Extreme TMA System
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Alorente replied Feb 28, 2012EurCad is hitting the Main Pivot. This is as save as you can get for an entry. We´ll wait for rule 4, but I bet it doesn´t go higher.
Extreme TMA System
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Alorente replied Feb 28, 2012The same thing happened in Oil. The Slope indi started to drop at 11:00 am CMT. At 19:00 CMT, Oil collapsed 2 bucks in 4 bars. The interesting thing is that the Slope indi calls the bottom of the drop too. One bar before the bottom of the drop, the ...
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Alorente replied Feb 28, 2012Sane thing happening in EurCad. I´m adding it to the Watch List.
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Alorente replied Feb 28, 2012Same phenomenon occurring in GbpUsd and starting to happen with SbpAud also. If all of these end up dropping hard, we´ll have something to think about tonight.
Extreme TMA System
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Alorente replied Feb 28, 2012We are seeing it again on EurAud. Price moving rapidly upward, while the slope is decreasing. In other words, the trend is curving downwards, but PA doesn´t know it yet. So instead of this being a divergence of the indi to Price, it may be a ...
Extreme TMA System
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Alorente replied Feb 28, 2012Divergences in general are warnings as given by other indicators, but these may be different. These speak to the ACTUAL change of trend that is occurring. If they are what I think they are, they act as a closeup view of what´s really happening with ...
Extreme TMA System
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Alorente replied Feb 28, 2012Another thing I´ve seen so far with these divergence calls is that all of them have been pretty rapid. Once they break, there is no hesitation. I mean, Gold dropped 8 bucks in 30 minutes. Most of the other moves were also fast. Again, I´m skeptical ...
Extreme TMA System
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Alorente replied Feb 28, 2012For sure. The divergence called it 2 hours in advance. Coincidence again? I´m beginning to believe it, but I need to see it still on AudNzd and EurUsd for a second time to really start to believe it.
Extreme TMA System
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Alorente replied Feb 28, 2012Exited Gold at Breakeven. Another triumph for the Recovery System.
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Alorente replied Feb 28, 2012On Watch — EurAud and GbpAud. Nearing exit on Gold.
Extreme TMA System