- Search Energy EXCH
-
Alorente replied Jul 27, 2012I will update the packet, indicators and templates over the weekend.
Extreme TMA System
-
Alorente replied Jul 27, 2012Thank you for bringing this up. I will be bringing up to date post 1 over the weekend. There have been several advancements and subtle changes made to the system which are not reflected on post 1.
Extreme TMA System
-
Alorente replied Jul 27, 2012It has taken me several weeks, but I feel I have identified the channels UsdJpy will follow in the next few months. The D1 TMA is Blue and the W1 TMA is green. As you can see from the daily. UJ can still drop a bit before it turns up for a great ...
Extreme TMA System
-
Alorente replied Jul 27, 2012I agree with you. Also, perfect storms are brewing in AudUsd and UsdCad.
Extreme TMA System
-
Alorente replied Jul 27, 20121- It depends. If you are in a ranging market, you should only trade when price is beyond the band. In a trending market and trading with the trend, you can enter trades when price gets to the centerline of the TMA, since later, the TMA will repaint ...
Extreme TMA System
-
Alorente replied Jul 27, 2012Even better: Never trade countertrend. Never, never, never... Ever... Edit: Let me give you my definition of trend: I define a trend by the slope of the weekly TMA. If the TMA is going up, the trend is up. If it is going down, the trend is down. If ...
Extreme TMA System
-
Alorente replied Jul 26, 2012Yes. The chart is H1 TF. You can buy when price touches the H1 lower band or when RSI crosses the Red trendline. It will probably be tomorrow afternoon. Target price: Top band of H4 or Top band of D1. I am holding it till D1 Top band.
Extreme TMA System
-
Alorente replied Jul 26, 2012Here is a nice short almost ready. The M15 TMA (White) above the H1 TMA (Orange). The H4 TMA (Purple) above the D1 TMA (Blue). We just need the H1 TMA to climb a bit closer to the H4 top band and short at your pleasure, probably tomorrow. Target: ...
Extreme TMA System
-
Alorente replied Jul 26, 2012Yes. 1.24 is the 200 MA, but you have to wait for the H4 TMA to rise before you enter short. I like to wait till it just slightly begins to turn down again, together with the H1 TMA.
Extreme TMA System
-
Alorente replied Jul 26, 2012Correct TMA Trade — Here is an example of a near ready Long trade. As you can see, UsdCad is below the H4 TMA lower band (Purple) and almost on the D1 lower band (Blue) All you need now is for the H1 TMA (Orange) to drop to the lower H4 band ...
Extreme TMA System
-
Alorente replied Jul 26, 2012Here is the EurUsd chart. You can see the Daily TMA (Blue) and the H4 TMA (Purple). As you can see, price is not even to the midpoint of the Daily TMA. Price was due to revisit the upper band of the Daily TMA since it had lingered at the bottom band ...
Extreme TMA System
-
Alorente replied Jul 26, 2012I tried this indicator but the arrows are drawn several bars back from the current bar, which in my view makes this indicator useless. The history of the chart looks good but it is not the same result in real time.
Extreme TMA System
-
Alorente replied Jul 26, 2012Top band of H4, H1 and M15 together is my signal to short when there is room for price to move to the bottom band on D1 and W1. Target price is the bottom band of H4. Bottom band of H4, H1 and M15 together is my signal to go long when there is room ...
Extreme TMA System
-
Alorente replied Jul 25, 2012Recovery works extremely well if you respect these two conditions: 1- Enter small positions relative to total equity (2% to 5%) so you can continue to trade while one or more positions are in recovery. 2- Always, always and that means always trade ...
Extreme TMA System
-
Alorente replied Jul 25, 2012It is really quite simple. Start with the Weekly TMA and step down through the time frames. The weekly is the boss. Where price is in the weekly will determine direction. If it is in one band, medium term it is going to the opposite band. Then look ...
Extreme TMA System
-
Alorente replied Jul 25, 2012Yes. You are right, but I would be extremely hesitant to long EurUsd. It is destined for parity, reflecting the collapse of the European model. Any bounce on EurUsd should be very short lived and should be used for short entries.
Extreme TMA System
-
Alorente replied Jul 24, 2012I donīt think AudUsd will move higher. I think the W1 TMA will repaint lower and the repainted upper band will touch the 2 highs already established. This usually happens when the TMA is changing direction. The last high usually only makes it to TMA ...
Extreme TMA System
-
Alorente replied Jul 24, 2012By the way, I changed the rules on post one from -0.25/0.25 to -0.40/0.40 which is what I am using now for my trading. I find this range zone better overall.
Extreme TMA System