usd index 1h — nice pinbar and divergence on usd index...

Extreme TMA System

Not much mentioned lately about the usd index but its ready to break out. Higher High on the day chart should be next after a lower high. If red down trend line is broken there could be a big run up sending euro/usd down as Al has clearly shown in ...

Extreme TMA System

this really helps me Al; thanks; please continue to post rsi. Steve

Extreme TMA System

i understand Al and its amazingly simple way to predict where ma's are going. Thanks so much, Steve

Extreme TMA System

slow Eu trade today — first chart is eu 1h; red arrow points to the close of the rsi14 bumping up against a nice uptrend line where divergence closes; this is the signal to go to the tma chart to look for a pullback entry; after this a new ...

Extreme TMA System

Thanks again Al; this may be the breakthrough for me. Steve

Extreme TMA System

Euro/USD 1h chart — At the far left of the rsi indy starts trendline which offered a long downtrend finally broken on 4.6.2012. After this, a new trendline could be drawn showing an uptrend period till broken today. Before it was broken see ...

Extreme TMA System

Happy Easter

Extreme TMA System

well explained treasure — Thanks Al: Your experience goes on paper so clearly for me. It means alot to learn from someone who knows what he's doing confidently. Only question I was unsure of is where's the TmaSlope? I am assuming you displayed ...

Extreme TMA System

Thanks Al; what your thinking helps me more than calling out the trade you took. You're a wise man and great teacher. Steve

Extreme TMA System

yes; look at all your progress...

Extreme TMA System

Since trading against the usd its risky so quick scalps only with a stop loss would be wise. However, the USD index has been dropping so more USD weakness today is possible. Just my opinon...free advice is worth every penny of it.

Extreme TMA System

"ignore past TMA slope changes" not present ones. Congratulations on an excellent quick trade! Steve

Extreme TMA System

I recall Al telling us to ignore past TMA slope changes after entry.

Extreme TMA System

Have fun Al! Could this be our pattern now? Weekly Eu neckline is holding. Steve

Extreme TMA System

Tor: Your entry meets all the rules. I'd say outstanding! You may get some drawdown but that's forex. Steve

Extreme TMA System

I might wait till then since I missed the 100 pip drawdown entry.

Extreme TMA System

Time to use recovery on eu now; I'm 100 pips drawdown

Extreme TMA System

Here's what Al said 22 hours ago:

Extreme TMA System

Nice work! I have an engineer's education so am decent at math and used EXCEL for years. If you change your entry price to 1.000 its easy to see you are correct. Actually, recovery is so easy to visualize after studying it. There's no need for a ...

Extreme TMA System