Yes. Forgot we added the new Rule 1. No. Still hiding in the bushes waiting for a clear shot at the buck. By the way, I´m not a hunter. I just use that as an analogy, ok...

Extreme TMA System

I would say yes. It would have to turn sideways more to go long.

Extreme TMA System

Also important to note is the distance between the PA to the opposite band when a trade is entered. Right now it is about 50 pips, which is a healthy spread. I would not take a trade where that distance is under 30 pips.

Extreme TMA System

A good example of how a trade begins to shape up is EurUsd right now. The TMA is slanted slightly so a short is valid. PA is clearly above the upper band. PA is hitting against R3 resistance. We have a Bear Spike. All we need is a Red bar on the MA ...

Extreme TMA System

That´s the tough part of this game. The small subtleties make all the difference between a winning trade and getting your butt kicked. That´s why the rules are what they are.

Extreme TMA System

Also, in that trade, Rule 1 never happened, since price never crossed or touched the upper band. It may become a good option soon for a short, since PA has now crossed above the band. It is important also to watch for S/R levels. In this case, PA is ...

Extreme TMA System

That trade was placed too close to the center line, which acts as a support area. The trade has little profit potential. Trades should be placed at or above the upper band for shorts and at or below the lower band for longs.

Extreme TMA System

Well thought out. The only problem I see in a small stop loss with this system is that it is based on catching a reversal move which implies the possibility of repeated spikes at the top (or bottom in the case of a short) , before finally turning in ...

Extreme TMA System

I trade 8:00 CET to 22:00 CET if I have the time.

Extreme TMA System

Yes. I have my gun cocked and ready for that one, as well as for GbpUsd, AudUsd and UsdCad. To better view the slant of the TMA, maximize the chart. EurUSD is on avery slight uptrend. I consider it almost level at this point. Of course, this can ...

Extreme TMA System

I am aware of upcoming news events and keep a keen eye on them, but as I stated before, I am a purist TA trader. I trade what the charts tell me to trade, news or not.

Extreme TMA System

Another great post and very well expressed. Thank you. As far as the system becoming too popular and thus ineffective, I don´t think we have to worry about that. The market is immense and growing by leaps and bounds every day. This is a drop of rain ...

Extreme TMA System

Yes. For the purposes of the system, all are valid, including the dots (repainted spikes).

Extreme TMA System

Well put, my friend. Thanks. I know some of my fellow traders are not as happy as you are with what I am doing. Some will feel that experience is hard fought and expensive to acquire and should not simply be given away. Other good pros like ...

Extreme TMA System

I placed Target Prices for the orders that remain open: EurGBP TP: Maintained the BE TP. UsdChf TP: 0.9115. Good night, everyone.

Extreme TMA System

The circles are old spikes that have repainted and dissapeared. They are considered spikes for the purpose of our our entry conditions.

Extreme TMA System

If the spike has a thin white line down the middle, it can repaint. The thin line dissapears when the repaint probability is almost nil. Still, a spike with a thin line is also valid for entry condition 3.

Extreme TMA System

As I said before, I have revised the Entry rules for the system and posted them on page 1. I have also removed the rar file because apparently a lot of folks think instead of a rar file it is a rare file. They have never seen anything of the sort ...

Extreme TMA System

Thank you for putting up with my babbling.

Extreme TMA System

I have to say that I´m surprised. There have been almost 1400 downloads of the packet file on page 1 in a little less than 2 days.

Extreme TMA System