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PistolDave replied Mar 5, 2012NZDUSD 15m is testing S2 now: image Went long just above S2
Extreme TMA System
- PistolDave replied Mar 5, 2012
Do I get it? — Sorry to make this so lengthy, but I want to be sure I understand the system. Anybody, please feel free to let me know if I am misunderstanding anything basic. The system attempts to pick temporary imbalances in the order flow ...
Extreme TMA System
- PistolDave replied Mar 5, 2012
I may be misunderstanding, but I thought Al made it clear in his answer to chaveznqoos in Post 3115: ---------- chaveznqoos: Sorry guy; My question to Al, was on the fourth rule, and when opening the position; and his answer was : "Hello friend. ...
Extreme TMA System
- PistolDave replied Mar 4, 2012
It was under it enough to be a valid entry at the time. The bands continued to repaint lower as the price was dropping.
Extreme TMA System
- PistolDave replied Mar 4, 2012
The entry was valid, according to the entry rules. There is no reference to the MA_Crossover histogram now. Entry Rules: 1- We will first determine trend in the TMA by using the TMA Slope indicator. Ranging TMA (-0.50 to 0.50): Trades can be placed ...
Extreme TMA System
- PistolDave replied Mar 4, 2012
I'm not aware of any clear-cut exit rule when price continues to run against the position. As I recall, Al said that he would use recovery only if the technicals still indicate it to still be a valid trade. So, until the slope changes it is still ...
Extreme TMA System
- PistolDave replied Mar 4, 2012
Would this remain a valid trade until the TmaSlope shows a decreasing bar? If price continues to go against the position, what would definitely show it to be a losing trade and time to close out? Thanks. This is AUDJPY Also, the price bars had ...
Extreme TMA System
- PistolDave replied Mar 4, 2012
Here's a visual of the same thing EaglePip said: image
Extreme TMA System
- PistolDave replied Mar 3, 2012
US Dollar Index — If anyone is interested in keeping up with the US Dollar index, he or she can find a good chart at FXStreet: url
Extreme TMA System
- PistolDave replied Mar 3, 2012
Thanks to: NanningBob, RealJumper, Zznbrm, X-Man, Favorite, EasyRyder, shahrooz67, Crodzilla, and especially Al. You guys are making great progress in developing a very profitable system. Some people appear to be doing very well with it. I'm looking ...
Extreme TMA System
- PistolDave commented Feb 29, 2012
I think Soros will be on the winning side of this "trade", if you know what I mean.
Soros fires back at an ex
- PistolDave commented Feb 29, 2012
Overall, they must be doing much better on the winners than the losers, since they generated most of their revenue in 2011 from trading.
Goldman Traders Lost Money on 17 Days in Q4
- PistolDave commented Feb 24, 2012
Price just broke thru their "stop" level. MS would like to thank you for your kind cooperation. Hammer time should commence shortly.
Morgan Stanley Shorts EUR/USD At 1.3300
- PistolDave commented Feb 23, 2012
They are probably trying to mark the price up to near their "stop" and then sell it down from there. They want it up enough so they can get a good run on the downside for a month or so, for about 1500 pips or more. It might take a few more days to ...
Morgan Stanley Shorts EUR/USD At 1.3300
- PistolDave commented Feb 23, 2012
It's not a theory. In order for a few sharks to win, many little fishes must lose. It is in their best interest to mislead the masses as much as possible, as often as possible. Big banks would have to really be stupid to tell anyone ahead of time ...
Morgan Stanley Shorts EUR/USD At 1.3300
- PistolDave commented Feb 23, 2012
Agree. Every time I try to make money by doing what the big banks are supposed to be doing, I lose. I just watch the market now, after these reports, and see they are just issued to lead more suckers in for the kill. Don't believe their lies.
Morgan Stanley Shorts EUR/USD At 1.3300
- PistolDave commented Feb 16, 2012
Dmitry Rybolovlev is supposed to be worth about $9.5 billion, according to Forbes. That makes $88 million a little more than pocket change for him. For me, I couldn't afford to rent a spare closet there. lol.
url NYC apartment sells for a record $88 million
- PistolDave commented Feb 13, 2012
If a population of aging and less productive workers is growing, while a smaller number of working people are paying a larger share of the retiree's pensions, healthcare, and entitlements, then there certainly will be a breaking point reached ...
Stunning Photos Of The Disaster Zone In Greece
- PistolDave commented Jan 6, 2012
Trapping the weak holders is usually the name of the game, is it not?
Market Primed for Upside NFP Risk?