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Alorente replied Feb 21, 2012Yes. And on kind of a slow trading day. I canīt wait to get into the wild and crazy days.
Extreme TMA System
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Alorente replied Feb 21, 2012Yeah, I donīt set BE SL for my trades. I put it in the firest page because people feel insecure if they donīt do it. I donīt even want anyone to see my SL. That is why I trade without a real stop loss and with the recovery method. In the end, stop ...
Extreme TMA System
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Alorente replied Feb 21, 2012Come on guy, the Daily one has a server time zone and a GMT - or + time zone in the inputs. I just checked. I, have it set for GMT because I want the London TZ but you can offset it to any time zone.
Extreme TMA System
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Alorente replied Feb 21, 2012I still have my position open on EURUSD. I am looking at the S&P and itīs looking pretty sad right now. Eur should follow soon.
Extreme TMA System
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Alorente replied Feb 21, 2012No. Mine works great and it allows you to adjust the time zones and a bunch of other things.
Extreme TMA System
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Alorente replied Feb 21, 2012Also, Alex, gold tends to tag along with the S&P and the Euro these days and those too are looking bad right now. Gold should follow soon.
Extreme TMA System
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Alorente replied Feb 21, 2012You know what the usual outcome is with a double top like goldīs? Where you entered on the first top, then the second top makes you nervous and you just want to get your money back and you do, but then gold keeps going all the way down and you could ...
Extreme TMA System
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Alorente replied Feb 21, 2012Correct. We should soon have another sell signal. Gold should fall like a rock by 10 bucks to the bottom band of the TMA.
Extreme TMA System
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Alorente replied Feb 21, 2012Here is another Pivot Levels indi that is just as good if not better than Comers.
Extreme TMA System
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Alorente replied Feb 21, 2012I noticed that. Maybe we should ask Comer about it. I would but Iīm non stop typing and answering PMs, emails, Ufff !!
Extreme TMA System
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Alorente replied Feb 21, 2012There are huge divergences in gold as we speak. Also, it is hitting the R5 resistance level. I just entered a short thanks to you. Iīve been so busy that escaped me during the day.
Extreme TMA System
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Alorente replied Feb 21, 2012I put it in the packet and it is loaded in the templates also.
Extreme TMA System
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Alorente replied Feb 21, 2012As I mentioned on Page 1, it is not necessary for trading. I like to look at it occasionally to see what the trends look like in several time frames. But honestly? I donīt see any real validity to it. Itīs more psychological than anything else.
Extreme TMA System
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Alorente replied Feb 21, 2012I think the USD is bottoming and is going to spring forward big time in the next few days, bringing the euro, gold and other majors down. But that is just what I think. That and 25 cents will buy you a stick of gum.
Extreme TMA System
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Alorente replied Feb 21, 2012What I do is always trade with only 4% of my account maximum per position. When I get a situation like Gold that is way above the upper band and I know from past experience that sooner or later it will spring down to the lower band, is double up ...
Extreme TMA System
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Alorente replied Feb 21, 2012Same first two conditions. The third condition was a price cross of 5 Period MA with Shift 5.
Extreme TMA System
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Alorente replied Feb 21, 2012Tip: Look at EURUSD and USDCHF next to each other and compare them. As you can see they are a mirror move of each other. Question: Why should you have taken a USDCHF long instead of a EURUSD short? Answer: Because EURUSD has the D1 Pivot underneath ...
Extreme TMA System
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Alorente replied Feb 21, 2012Yes. That is daily profit working with the 18 pairs and making good entries and following the rules. Most of the time when I lose, itīs because I screwed up or I didnt follow the rules. The system is solidīand rarely lets me down. But dont expect to ...
Extreme TMA System
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Alorente replied Feb 21, 2012I have been trading this system for over 8 months. I just changed a couple of things this weekend, changing the condition 3 thanks to realjumper who illuminated me with some trades he did. I had a slightly different entry 3rd condition, but the guts ...
Extreme TMA System
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Alorente replied Feb 21, 2012You are correct. Still, EURUSD may go all the way to the other band but you play the probabilities. So good job taking profit Alex !!!
Extreme TMA System