- Search Energy EXCH
-
Alorente replied Dec 14, 2018TheLaw1, I see you excel at drawing pitchforks... Question: Why did you pick point A instead of B?
EURUSD only
-
Alorente replied Dec 14, 2018I also expect a bounce before day´s end. Looking for proper reentry point for a scalp Buy. I may not find a good setup, though...
EURUSD only
-
Alorente replied Dec 14, 2018Nice H4 H&S neckline break setup for next week. After testing neckline we should get a projected drop to 1.1180
EURUSD only
-
Alorente replied Dec 14, 2018Closed short for +80 pips. Set Sell Limit at 1.1320 - SL: 30 pips. Another Sell Limit at 1.1330 - SL: 20 pips.
EURUSD only
-
Alorente replied Dec 13, 2018I´m very glad we could help you find your way. Yours is one testimony of many that have put the effort in the system and achieved success. It is not automatic... no system is... but with experience and perseverance it can be achieved. I am happy for ...
Extreme TMA System
-
Alorente replied Dec 12, 2018Another tip: Enter in Threes... Divide your entries. If you find you are moving into DD after your entries, enter with a third of your position initially, a second third if price moves against you and the final third if it moves further against you. ...
Extreme TMA System
-
Alorente replied Dec 12, 2018Another nice general guideline to follow. Check the slope values on the info panel. For a Buy, you want to see predominantly Green values. For a Sell, mostly Red values. This is not a rule. Simply common sense. Don´t Sell when mostly Green or Buy ...
Extreme TMA System
-
Alorente replied Dec 12, 2018On volatile pairs like EURAUD, GBPJPY, GBPNZD, GBPAUD, etc. you can change the ATR Multiplier to 3.0 and apply all the same entry rules. This applies also for periods of high volatility. With 3.0 you will get less trades, but a higher percentage of ...
Extreme TMA System
-
Alorente replied Dec 12, 2018Yes, of course. I use 1 to 1.5 ATR depending on the TF. For H1 I use 1 and for H4 1.5.
Extreme TMA System
-
Alorente replied Dec 12, 2018I see today´s action as a retest of the broken neckline (yellow) of the H&S. The neckline coincides with the Green LWMA. The minimum implied target of the H&S is 1.1250 The trigger lower may well be the US CPI due out in a little over an hour.
EURUSD only
-
Alorente replied Dec 7, 2018I always recomend trading live instead of demo. You learn much faster trading live even if at the beginning you use very small positions.
Extreme TMA System
-
Alorente replied Dec 7, 2018Entering early is the biggest danger with Extreme TMA. You can enter late and win, but never enter early.
Extreme TMA System
-
Alorente replied Dec 7, 2018Yes, you are right. The info indi only gives accurate slope for tmas that are higher time frame than the chart tf you are in. If you are in H1, H1 and higher slopes will be accurate.
Extreme TMA System
-
Alorente replied Dec 7, 2018If I am trading in H4 I like to see a H4 bar turning in my.direction before entering. You want to make sure the previous opposite momentum has subsided.
Extreme TMA System
-
Alorente replied Dec 7, 2018You can use any time frame, but H4 is more reliable than smaller time frames. D1 is also reliable.
Extreme TMA System