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Alorente replied Nov 14, 2018Things are clearly slowing down here in Spain. Imagine the same is true across Europe. When Germany falters, we follow.
EURUSD only
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Alorente replied Nov 14, 2018It seems all news is lining up for a large EU fall. WeŽll see...
EURUSD only
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Alorente replied Nov 14, 2018Hello Ata. You do not give any importance to the bad German GDP news? So far it is being ignored by the market...
EURUSD only
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Alorente replied Nov 13, 2018The collapse in Oil implies a lower CPI, making DraghiŽs wish of 2% inflation a mere pipe dream.
EURUSD only
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Alorente replied Nov 13, 2018EurUsd is weakening. I have removed my TP. We may break the H&S neckline on the next try. I am letting the shorts run.
EURUSD only
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Alorente replied Nov 13, 2018Sold position 2 at 1.1274. Average entry 1.1258. TP: 1.1225
EURUSD only
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Alorente replied Nov 13, 2018Yes. You can go long if it drops under the lower band, because H4 is above 0.30 but you cannot go short from the upper band until H4 drops to 0.30 or below. In the current case there is no trade available in this pair. Right now, this pair is in ...
Extreme TMA System
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Alorente replied Nov 13, 2018You are right. AudNzd is a great potential pair to trade.
Extreme TMA System
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Alorente replied Nov 13, 2018Yes it is. I will ride the swings higher in this pair, entering under the H4 lower band when slope higher than -0.30 and exiting each time at the H4 upper band. I expect GBPNZD to rise 1500 pips in the next few months.
Extreme TMA System
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Alorente replied Nov 13, 2018Even though fundamentals call for 1.1000, the technicals indicate a bounce is coming. It is risky to sell till PA bounces/consolidates. At some point in the next few days, 1.1200 should break.
EURUSD only
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Alorente replied Nov 13, 2018I completely agree. I donŽt think a bounce will reach 1.1300. Having said that, it probably will...
EURUSD only
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Alorente replied Nov 13, 2018When you scalp M1 with high volatility, noise means money.
EURUSD only
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Alorente replied Nov 13, 2018Yes. I use my Extreme TMA system. I could not scalp without it.
EURUSD only
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Alorente replied Nov 13, 2018This Volatility is ideal for M1 trading. In and out in a few seconds. I have 10 trades closed already since Frankie opened.
EURUSD only
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Alorente replied Nov 13, 2018Exactly. That has been the problem with the Extreme TMA EAs. 100 consecutive winners and 2 or 3 big losses that wipe out the profits. I am working on developing a hedging system for the losers. More work to be done.
Extreme TMA System
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Alorente replied Nov 13, 2018All three TMAs (H4, D1 and W1) are ranging. (-0.30 to 0.30) GU is a Buy.
Extreme TMA System
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Alorente replied Nov 13, 2018Yes, a huge Head & Shoulders is about to break the neckline.
EURUSD only
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Alorente replied Nov 12, 2018Correct, no trade on EurUsd. There are 4 pairs with active signals right now: Buy GbpUsd Buy GbpJpy Buy EurCad Buy EurJpy Only the trigger is needed on these now.
Extreme TMA System