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Alorente replied Feb 21, 2012Because I have the D1 Pivot under the center line on EURUSD, I closed one lot and left just one open, just in case...
Extreme TMA System
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Alorente replied Feb 21, 2012It still works. True, you make more pips with high volatility. I had a day a month ago of over 500 pips, but that is very abnormal. The normal range for this system is 150 to 250. Today may be better than that. There are bad days too. Donīt think ...
Extreme TMA System
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Alorente replied Feb 21, 2012Correct. In this case I left 2 lots opened with EURUSD and put the rest on EURGBP. Other times, I may close the trade altogether and open it in a latter situation. The point is, flexibility is key in trading. You put your money where there is less ...
Extreme TMA System
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Alorente replied Feb 21, 2012No. I included another template: Extreme TMA - Small. That creates the small charts. Then I included a folder with an 18 chart profile. Read. Page 1. It is explained there.
Extreme TMA System
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Alorente replied Feb 21, 2012Hereīs an analogy of why I think having the 18 charts on two screens is so important. I make a bet with a fellow hunter to see who can hunt more rabbits next Sunday. We go to the hunting grounds and my friend goed his way to hunt. I cheated and I ...
Extreme TMA System
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Alorente replied Feb 21, 2012Read post #138. Itīs the MA bar thatīs important not the candle. After condition one is valid, you donīt even need to look at the candles anymore. Just at the Spike and MA cross.
Extreme TMA System
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Alorente replied Feb 21, 2012Can you guys let me know if you are using one or two screens and if you are using many small charts or only one chart? Iīll right it down and when I talk to you Iīll know what to tell you and what not to tell you. Thanks.
Extreme TMA System
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Alorente replied Feb 21, 2012Dont get me wrong, it will very probably result in a win, but there is lower hanging fruit out there.
Extreme TMA System
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Alorente replied Feb 21, 2012Yes but not a good trade for two reasons: 1- Price is too close to the center line. 2- The D1 Pivot is right under the center line. A lot of support there. EURGBP is better.
Extreme TMA System
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Alorente replied Feb 21, 2012Now 4 bars have turned Red. Please let me know if you understand this point. Even if the current bar hasnīt closed, if a previous bar turns for an instant the color that you are looking for, since that bar is closed, the condition is valid and you ...
Extreme TMA System
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Alorente replied Feb 21, 2012Another tip: For example EURGBP right now. We are waiting for condition 3 . But as you can see, even though the current bar hasnīt closed, the previous bar which is closed has also turned read. That nakes condition 3 valid and you can enter the ...
Extreme TMA System
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Alorente replied Feb 21, 2012Tip: If you want to know how close you are to an MA Cross (Color Change), install the MA Crossover Lines indi that I am enclosing. It clutters the chart a bit but you can see much more clearly as the cross approaches. I already changed the input on ...
Extreme TMA System
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Alorente replied Feb 21, 2012Alex, did you get my post 120 on the thin line? Just want to make clear that ir is a valid spike for a trade, just not as reliable.
Extreme TMA System
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Alorente replied Feb 21, 2012Eval, As long as we all make money and we have fun doing it, who cares about the rest. Thanks for your kind words.
Extreme TMA System
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Alorente replied Feb 21, 2012I just want you to understand why it is important to invest in a second screen. There is no need to follow only one currency pair. The money is better placed on the highest potential trades and you can only see those clearly with two screens and the ...
Extreme TMA System
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Alorente replied Feb 21, 2012Please, please, when I mention good potential trades I want you to see how they look so you get accustomed to seeing how great potential trades look like. In NO WAY am I suggesting you should enter the trade. I am not here to recommend trades to ...
Extreme TMA System
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Alorente replied Feb 21, 2012Right now the two with greatest potential are EURGBP and Gold. Gold is waaaay above the top band, with a bear spike formed.
Extreme TMA System