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    • Alorente replied Feb 23, 2012

      A good thing to do in a case like this is to switch to M5 or M1 and look at the battle with Ri. You see it more clearly there. You also look at EurUsd. If that hangs tough, you wonīt break R1.

      Extreme TMA System
    • Alorente replied Feb 23, 2012

      OK. Going back to how a trade develops. For example, look at that trade that fell fast on GbpUsd earlier today. You enter the trade above the band. In that case it was a rare triple top. Now, when it starts coming down, you want to see the Heiken ...

      Extreme TMA System
    • Alorente replied Feb 23, 2012

      Yes. That stop loss is just in case a meteorite falls on Wall Street or something. If Iīm 100 pips in the hole I would have removed the stop loss and I enter another trade. I set the emergency stop loss 100 pips behind that one again.

      Extreme TMA System
    • Alorente replied Feb 23, 2012

      Tip: If you buy well above the band as you see the first Heiken Ashi candle turning Red and price starts coming down one or two bars but then it stalls. It may be a good idea to take your 8 or 10 pip profit and run for the hills. More than likely ...

      Extreme TMA System