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Alorente replied May 11, 2012Yes. I saw that also but decided against playing it before the employment news release.
Extreme TMA System
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Alorente replied May 11, 2012Watch out for a possible rebound of EurUsd to close the gap at 1.3080. It was left open and open gaps are like a magnet for Price Action.
Extreme TMA System
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Alorente replied May 11, 2012No. When you change the inputs on the Slope indi, the colors will change as well as the words Ranging, Buy Only and Sell Only. I did not change the indi in the zip file. I will wait for Shah or someone else to do that in the code.
Extreme TMA System
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Alorente replied May 11, 2012This is from the Economist at FxPro. It is exactly what I suggested the other day. A government or two are propping up the Euro in their own self interest: Euro defying the inevitable? As we have been observing recently, it is remarkable that the ...
Extreme TMA System
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Alorente replied May 10, 2012I look at three channels at a time. Since I trade the H1 TF they are: H1, H4 and D1. If you have to pick one, I would go with H4. It seems to be the clear boss as far as dictating trend.
Extreme TMA System
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Alorente replied May 10, 2012I forgot to mention that 5 of the losses were due to clicking on the wrong line in the heat of the battle and having to close it immediately after with a loss of the spread. I am trying to correct this by slowing down the process of opening a trade. ...
Extreme TMA System
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Alorente replied May 10, 20121- Yes. I donŽt hesitate on taking a loss if I see there is potential for price to run away from me. I must say that the losses were very small, and in all instances, price came back in my favor after I closed them, but when I feel the probabilities ...
Extreme TMA System
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Alorente replied May 10, 2012I have changed the Rules on Page 1. After extensive testing proven by actual results with my live accounts, I have found the new rules to be much superior than the previous ones. The changes involve Rule 1 and Rule 4. The inputs in the Slope 1.5 ...
Extreme TMA System
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Alorente replied May 10, 2012You should read the post where I posted the results. I explained: All the trades were placed following the Extreme TMA first three rules with one additional condition: The H4 channel has to be going sideways or slanted in the direction of my trade ...
Extreme TMA System
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Alorente replied May 10, 2012Max, I changed post 10503. You may want to read it again. It is now correct.
Extreme TMA System
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Alorente replied May 10, 2012No. I am using 2.0 for all TMA ATR Multipliers now. I found that in the long run, the system works best this way.
Extreme TMA System
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Alorente replied May 10, 2012As I mentioned in my last post, I have removed my Pivots indi from all charts. I can assure you that I have not missed them at all. As far as your charts, I definitely recommend that you have three TMA channels on all your charts. That is essential ...
Extreme TMA System
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Alorente replied May 10, 2012Today I completed the 30th day since I linked one of my accounts with mtfxbook. As you can see, the results are pretty good for one month. All the trades were placed following the Extreme TMA first three rules with one additional condition: The H4 ...
Extreme TMA System
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Alorente replied May 10, 2012Why are you flat? There are many pairs beyond the M15 and H1 bands. Some even beyond the H4 and D1 bands.
Extreme TMA System
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Alorente replied May 10, 2012Beto, IŽve only had one recovery so far since you finished the EA, on AudNzd and it is still open. If things turn sour and I have several to deal with, IŽll certainly use it.
Extreme TMA System
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Alorente replied May 10, 2012Good point. You treat your recovery trade just like any other order. The rules are the same.
Extreme TMA System
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Alorente replied May 10, 2012Thanks for the invitation. I appreciate your compliments. After a few weeks of practice, you will start making consistent profits. It is easier with Forex than with stocks because currency pairs range a lot. The Extreme TMA system is designed ...
Extreme TMA System