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thewriter30 replied Aug 7, 2012Same here, USD CAD, AUD USD and NZD USD.... aussie and kiwi level 3 recovery already MOREOVER: I keep reading about having small position sizing...that makes little sense to me.... why? It's pretty simple actually: Yes, being on level 3 revovery ...
Extreme TMA System
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thewriter30 replied Aug 2, 2012Good Evening Al, What I meant was what should we use to exit when the trade it's not a good trade anymore. For instance, before, when the SLope direction changed we exited. Say you enter long EUR USD at 1.0000 The trade after say 2 days it's ...
Extreme TMA System
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thewriter30 replied Jul 31, 2012Al, Good morning! On the new rules, what would be the exit rule ? Not in terms of normal flow but when things change and it's wise to exit Like before we used to look at the TMA slope and the HA changing colours to exit and wait for a new entry or ...
Extreme TMA System
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thewriter30 replied Jul 31, 2012Al! Thanks for all your in depth answers. I followed the AUDUSD but had to go to bed. I see you entered at 5.43 my time this morning. But at least now the AUD seems very strong with slopes of .6 and .8.... Another quick one. So if we add the W1 ...
Extreme TMA System
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thewriter30 replied Jul 30, 2012HA — Hi Not sure if it will help much now but this is a HA indi that tells you when the HA changes colour (but not annoyingly as the one available - or at least the one I found searching in the web) Just set the alerts to a value greater than ...
Extreme TMA System
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thewriter30 replied Jul 30, 2012Hi Al Thanks for that. I actually selected H1 after your recommendation and also felt more comfortable with it. So as per the new rules, will all apply moving things up (including W1? as in H1, H4, D1, W1) or we just use 3 TMAs? I had actually some ...
Extreme TMA System
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thewriter30 replied Jul 30, 201250 value — extern double TrendThreshold = 0.5; 1) I found this on the Fast TMA line indi, i thinkg according to the new rules should be 0.4, but could be wrong. For my existing one (the old version I got it in 0.25) but had to change it myself ...
Extreme TMA System
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thewriter30 replied Jul 27, 2012Thanks for that Al. i am analysing all the graphs again using your example. I believe you don't really wait for everything to align do you? I mean with enough experience you don't have to right? just curious
Extreme TMA System
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thewriter30 replied Jul 27, 2012Probably abusing your time, but certainly this will help me and others. Here I am posting 4 charts => AUD USD. You may tell me why my aussie is in recovery after shorting it 27/06 I learned that EU mistake was to enter short when it was on the wrong ...
Extreme TMA System
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thewriter30 replied Jul 27, 2012Yes, thanks all for the insights. I have now added to my brain memory bank to check the TMA alignment on higher TF. Probably this will explain the other big loss EJ 2 weeks ago. I appreciate the time you all put to answer questions really. TP404 or ...
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thewriter30 replied Jul 26, 2012tp0440, thanks mate. Now the fibonacci is D1 right? i get 61.8 at 12450 not 80, 30 pips diff, just to be sure i follow your analysis. It's pretty interesting what you said. Yes i could hold lvl 4 though it'd be the second in a row
You have sort ...Extreme TMA System
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thewriter30 replied Jul 26, 2012Chart of EUR USD now, entry short marked. Was as said Alorente's system entry, slope was down, touched and crossed the upper , H1, all ranging, yadayadayyada So, now i am close to 180 pips down. What you guys would do, keep recovery, or get out|? ...
Extreme TMA System
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thewriter30 replied Jul 26, 2012HAIL FEDESCH!!!! I had exaclty the same question!!!! Trade alorente to perfection (i have 4 graphs proving it h1 to w1) on Eur Usd. I shorted it..... Now i am close to level 3 recovery on EUR USD (also answers how i can get to -200 pips easily ...
Extreme TMA System
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thewriter30 replied Jul 25, 2012Thanks so much for this. I am still thinking about what you said. Trying to translate it to a system I could follow. I had only bad experiences with SL, so I am thinking on a hybrid. I think we all agree that newbies are to stop losses what a deer ...
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thewriter30 replied Jul 25, 2012IT DOES! I did missed that! gee, it makes sense...so much to learn..i wish I could get another loser to test this
oh well, they always re around the corner
So i hedge and close at B/E or when it gets to lvl 2 right? cheersExtreme TMA System
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thewriter30 replied Jul 25, 2012Thanks mate, yes, i have been trading for 3 months now...lets keep going....
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thewriter30 replied Jul 25, 2012Hi Trainman image Thanks for replying. It's Demo account but still hurts. Also hurts to know that I am not even close to being READY for a live account.... and being unemployed hurts even more to know I will keep depending on somebody else for a ...
Extreme TMA System
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thewriter30 replied Jul 25, 2012will still appreciate feedback on recovery. Now the EJ entered level 5 recovery but i have no money to open the new trade lvl 5 so i think i will lose it all 9000 - 7000 current loss = 2k left NEWBIES and those who suck at trading (like me) BE WARE ...
Extreme TMA System
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thewriter30 replied Jul 15, 2012Dear Trading friends! Thanks for the answers.... Agony still there, if it was not a demo the oportunity cost of not being able to enter other trades would have been huge. As Dorrelino (spelt right?) posted, I remember Al saying that if it was ...
Extreme TMA System