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- normtold replied Mar 5, 2012
Had to come back online because something has been bothering me about the Pivot levels. Mine seem to be about 3 or 4 pips different than the ones Al posted. We really all need to be on the same levels I think. I tried the Indicator on 4 different ...
Extreme TMA System
- normtold replied Mar 5, 2012
Closed all positons as I have guests coming so cannot be stuck in front of the PC all day. USD/CAD + 38.7 GBP/JPY + 47.4 AUD/JPY + .1 (got in early, pleased to get out at B/E) USD.JPY + 7.3 GBP/USD + 4 USD/CAD +3 (closed because I cannot babysit) I ...
Extreme TMA System
- normtold replied Mar 5, 2012
R3 1.60139 R2 1.59575 R1 1.59253 FPV 1.58715 S1 1.58165 S2 1.57828 S3 1.57290 Editing to add. Seems I am about 3 pips out somehow. I would be grateful if anyone could suggest why my S,R and FPV lines are different to Al's. I am in the UK, broker ...
Extreme TMA System
- normtold replied Mar 5, 2012
I did not get in, the FPV is at 1.58718, have a sell limit at 1.58700. How many pips below the FPV did you enter?
Extreme TMA System
- normtold replied Mar 5, 2012
You are right I had not looked at that chart. It scares me a bit when price is moving so fast to trade against it but will watch and see if there are signs it could bounce a bit. GBP/JPY is through the BRN now. Whare are you looking to short, I ...
Extreme TMA System
- normtold replied Mar 5, 2012
Thanks, I appreciate your viewpoint and the heads up re: the futures. I have closed 1/3 of the total postition, moved 1/3 to breakeven + 6. Editing to add, I have a GBP/JPY long (again taken before Risk off advice), closed 1/2 for 36 because price ...
Extreme TMA System
- normtold replied Mar 5, 2012
Thanks for the reply. Yes the midline is approaching the R3 line. You are correct I should not have taken the trade because of what Al said about Risk on. But as a newbie I took the trade before Al commented on not going short on USD. So I had ...
Extreme TMA System
- normtold replied Mar 5, 2012
Bit of a newbie question here for anyone that wants to answer. Looking at USD/CAD M15, price went through R3, hit R4 and is coming down, would R3 now turn into support? or would aiming for the top or middle line of the TMA still be a likely target?
Extreme TMA System
- normtold replied Mar 5, 2012
Yes it has been mentioned many times in this thread that we are using the repainting version. I understand Al prefers the non repainting version for visual backtesting only.
Extreme TMA System
- normtold replied Mar 5, 2012
Al, as we are ok to short EUR, EUR/AUD 15M, a few bars back price touched R2 twice and boucned down a bit but did not make the center line (I did not take the trade) and price is coming back up to R2. Because the previous bounce was weak would you ...
Extreme TMA System
- normtold replied Mar 5, 2012
I am finding a few trade set ups developing according to the 4 rules but if I am only looking to long the USD, JPY and short the EUR none of them are viable.
Extreme TMA System
- normtold replied Mar 5, 2012
Al, GBP/USD 15M, a few bars back price touched S1 once and boucned up a bit but did not make the center line (I did not take the trade) and price is coming back down to S". Because the previous bounce was weak would you not be interested if price ...
Extreme TMA System
- normtold replied Mar 5, 2012
I don't know but I took the trade too. It is well outside the upper line, slope at 0.19, slope started going down a few bars back so we have divergence, PA touched R3 once, others may wait for second touch our blue H/A first. Inexperienced trader ...
Extreme TMA System
- normtold replied Mar 5, 2012
GBP/JPY price around R3 but looks like it wants to go lower and USD/JPY (slope -20) price around S1 but looks like it wont bounce yet.
Extreme TMA System
- normtold replied Mar 4, 2012
The mention of the PDF relating to recovery trades reminded me of the question I asked a couple of days back and your reply. If you read the PDF you will see where my question came from. ...
Extreme TMA System
- normtold replied Mar 3, 2012
This thread is getting so big so quickly so I am pleased to have found it early on and get an understanding for the original rules and indicators and then be here for the ongoing refinement of the rules and indicators. None of the indicators or ...
Extreme TMA System
- normtold replied Mar 2, 2012
Before I read your post I also looked at Snails post and thought my Pivots must be wrong. I don't know who has the correct levels but Snail certainly had 2 good trades, strange if they were not accurate pivot levels. I have for U/J 15m R3 81.556 R2 ...
Extreme TMA System
- normtold replied Mar 1, 2012
Carl, it was me that had the sizing problem with your last version of the dashboard. I have never knowingly changed the font on this PC which is less than a year old. I expected the same problem with this one and was going to post a question on a ...
Extreme TMA System
- normtold replied Mar 1, 2012
I am out for today, all positions closed for + 111 pips. Never had a day like it, it must be beginners luck. I must not get confident, it always comes back tro bite in the the backside. Still loads to learn like exits and the recovery method if any ...
Extreme TMA System