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Alorente replied May 21, 2012I am focused on a rally to 1.30 - 1.31 BUT Iīve been saying for a year that Eurobonds would mark the end of the Euro crisis. It is the silver bullet that the EU should use when at the edge of the cliff. I would say the current situation qualifies ...
Extreme TMA System
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Alorente replied May 21, 2012Watch out for this on Wednesday. Any announcement of any kind of agreement on Eurobonds, will send the EurUsd soaring. It is not probable, but it can happen. url
Extreme TMA System
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Alorente replied May 21, 2012I appreciate your comments and Iīm glad you are able to use the system successfully.
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Alorente replied May 21, 2012Yes. You can adapt the system to your observations and yours is a good point. You will get a lot more good signals with the wider ranging zone. For ranging market periods, the wider zone is ideal. For trending markets, the smaller ranging one is ...
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Alorente replied May 21, 2012Usd is a Risk off pair like Jpy, but when risk off, Usd is usually weaker than Jpy.
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Alorente replied May 18, 2012You have a lot of reading to do. A few thousand posts...
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Alorente replied May 18, 2012Extremely accurate. It is one of my must items to check before entering a position.
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Alorente replied May 18, 2012I bought twice today: 79.25 and 79.05. It may require a little patience but I think this is going to be a big winner.
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Alorente replied May 18, 2012Itīs not an issue at this point. I closed the long on Gold for a very nice profit. I did not feel good about carrying it into the weekend, especially since it got so close to 1600. I will read through your long study tomorrow.
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Alorente replied May 18, 2012It depends what percentage of your account is already invested. I am still showing over 300% margin level available right now. I donīt want it to get lower than that in case we drop a bit more. There is always a temptation to go for it and increase ...
Extreme TMA System
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Alorente replied May 18, 2012Yes, but I closed the short too early and I am long right now. EurUsd made two spinning tops on the last two days. It is extremely oversold. It wonīt take more than a light Greek trigger to get it to 1.30 and test the broken trendline. Even possible ...
Extreme TMA System
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Alorente replied May 18, 2012Down, down and even lower, with some bounces here and there though. Ultimately, it should reach the 2000 low at 0.57, but that could take years. There should be a nice bounce coming in the next few days with the EU bounce, probably up to .82
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Alorente replied May 18, 2012OK. I said I expected Gold to test 1600. That doesnīt mean I will be surprised to see it go beyond that level. There is big long term resistance at 1.622 to 1.630 area. If I had to bet, I would say it will get up to that level, especially in the ...
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Alorente replied May 18, 2012When the Euro bounces to 1.30, but ultimately EurJpy may go under .90, maybe even under .80 or less.
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Alorente replied May 18, 2012I measure the Fibs on the Daily, but it makes no difference. It will be the same result on all TFs.
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Alorente replied May 18, 2012Itīs on the 61.8% This is a great place to begin to accumulate UJ, but I feel there is no rush.
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Alorente replied May 17, 2012Yes. Patience paid off. Iīm not ready to buy this yet. I want to make sure it doesnīt break it.
Extreme TMA System