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Alorente replied Feb 27, 2012The TMA Slope indicator was made by zznbrm on Friday. I studied it over the weekend and established preliminary arbitrary levels of -0.50 to +0.50 for ranging TMA values. These are not written in stone yet. I want to see if the final levels for a ...
Extreme TMA System
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Alorente replied Feb 27, 2012It was 0.61 when I took the trade and the TMA Slope was descending. I felt it was close enough and the risk/reward looked good with price being so far above the band. WeŽll see if it pays off or not.
Extreme TMA System
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Alorente replied Feb 27, 2012Are the arrow entry points. They donŽt seem to signal good entries and some donŽt match the symphonie lights on the matrix on your chart picture. The trend lights use what to determine trend in each TF?
Extreme TMA System
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Alorente replied Feb 27, 2012In short the S&P500. Flash two red bars for a moment just now.
Extreme TMA System
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Alorente replied Feb 27, 2012Looking at all my charts and systems, they all seem to be pointing to a selloff happening in the S&P by the close or open tomorrow morning. The close is two hours from now. That should drag the Eur and Gold with it. WeŽll see. The THV system has ...
Extreme TMA System
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Alorente replied Feb 27, 2012Plus center line is a whopping 55 pips from here, so more than likely that will be where I get off.
Extreme TMA System
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Alorente replied Feb 27, 2012In principle, I always have the opposite band as a target, but AUD is strong right now, so IŽll use my center line rule which says that if it hits center line and it doesnŽt break it by the third candle, I close the trade.
Extreme TMA System
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Alorente replied Feb 27, 2012M1 or M5 are good options to fine tune entry end exits, as long as the rules apply in M15. Love Paris. CanŽt wait to visit again soon.
Extreme TMA System
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Alorente replied Feb 27, 2012The -0.50 to 0.50 range rule cannot apply to larger number futures like S&P which is almost sideways on the TMA but flashing a figure of 3.41 on the TMA Slope indi. I guess weŽll have to eyeball those.
Extreme TMA System
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Alorente replied Feb 27, 2012Entered AudUsd short. Flashed the second red bar for an instant.
Extreme TMA System
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Alorente replied Feb 27, 2012GbpAud is no longer valid as an option since the TMA Slope has gone to under -1.00
Extreme TMA System
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Alorente replied Feb 27, 2012Good deal. YouŽll catch it well outside the band. This should be quite profitable.
Extreme TMA System
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Alorente replied Feb 27, 2012It trigger for a second two bars and then repainted. IŽm in at .9985.
Extreme TMA System
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Alorente replied Feb 27, 2012Thanks Guy. ItŽs working nicely for me. This indi is keeping me out of trouble trades so far. IŽm not taking any longs below -0.50 or shorts above 0.50 and so far so good.
Extreme TMA System
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Alorente replied Feb 27, 2012Exited Gold short for +24 pips. My other charts are signaling a rebound.
Extreme TMA System
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Alorente replied Feb 27, 2012The Euro is looking really weak, especially EurAud which is getting killed.
Extreme TMA System
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Alorente replied Feb 27, 2012Gold Position — On my Gold short, The center line coincides with S1, so I will exit S1 in case it rebounds there.
Extreme TMA System
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Alorente replied Feb 27, 2012Thanks. +1,5 and -1.5 work well for Oil and EurJpy and +10 -10 for Gold and S&P500.
Extreme TMA System