My Manual Grid System (HG)
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iyas120
- Posts: 3
- Joined: Mon Apr 16, 2012 1:17 pm
Re: My Manual Grid System (HG)
I am very interesting with this method .. i am following your thread now.. Thanks for sharing
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Fmfx
- Trader
- Posts: 264
- Joined: Sun Dec 18, 2011 10:37 am
- Location: West Africa
Re: My Manual Grid System (HG)
Welcome on board.iyas120 wrote:I am very interesting with this method .. i am following your thread now.. Thanks for sharing
Regards
N☺̴̩̩̥̩̩̩ Ri$k. N☺̴̩̩̥̩̩̩ я̩̥̊Ƹwªrd
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iyas120
- Posts: 3
- Joined: Mon Apr 16, 2012 1:17 pm
Re: My Manual Grid System (HG)
The TMA act as a confirmation that the price action is going to move towards nya TMA.... is that right?Alpenkorps wrote:My first trade using TMA. As you can see its going pretty well.
So far it looks like an enjoyable system to me. But I am relying more on price action than TMA band. I'll see how the recovery goes when needed.
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Fmfx
- Trader
- Posts: 264
- Joined: Sun Dec 18, 2011 10:37 am
- Location: West Africa
Re: My Manual Grid System (HG)
It acts as OBOS (Over Bought/Sold), once price nears/cross the upper or lower TMA Band we should start looking for PA setup which is the entry signal.iyas120 wrote:The TMA act as a confirmation that the price action is going to move towards nya TMA.... is that right?Alpenkorps wrote:My first trade using TMA. As you can see its going pretty well.
So far it looks like an enjoyable system to me. But I am relying more on price action than TMA band. I'll see how the recovery goes when needed.
Regards
N☺̴̩̩̥̩̩̩ Ri$k. N☺̴̩̩̥̩̩̩ я̩̥̊Ƹwªrd
- josch
- Trader
- Posts: 72
- Joined: Tue Dec 06, 2011 4:55 pm
Re: My Manual Grid System (HG)
Fmfx,
what you described, looks to me like a very profitable possibility. Thank you for sharing this. One question, using daily timeframe, trades and moves are going to be 'swing' - do you have a look at fundamentals also or you're going TA way only?
josch
what you described, looks to me like a very profitable possibility. Thank you for sharing this. One question, using daily timeframe, trades and moves are going to be 'swing' - do you have a look at fundamentals also or you're going TA way only?
josch
... trading is war - life is simple ...
Daily EUR/USD Range https://twitter.com/traderjjs
Daily EUR/USD Range https://twitter.com/traderjjs
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Fmfx
- Trader
- Posts: 264
- Joined: Sun Dec 18, 2011 10:37 am
- Location: West Africa
Re: My Manual Grid System (HG)
Hi Josch,josch wrote:Fmfx,
what you described, looks to me like a very profitable possibility. Thank you for sharing this. One question, using daily timeframe, trades and moves are going to be 'swing' - do you have a look at fundamentals also or you're going TA way only?
josch
Yes i sometimes consider the fundamental aspect, e.g like next week i know the AUD will drop significantly due to bad RBA Rate, so i will watch out for any aud Base pair that is at OB and look for sell signals and watch the Counter pairs that is at OS for Buy signals.
Regards
N☺̴̩̩̥̩̩̩ Ri$k. N☺̴̩̩̥̩̩̩ я̩̥̊Ƹwªrd
- josch
- Trader
- Posts: 72
- Joined: Tue Dec 06, 2011 4:55 pm
Re: My Manual Grid System (HG)
Thank you! - And have a nice sundayFmfx wrote: ... Yes i sometimes consider the fundamental aspect ...
josch
... trading is war - life is simple ...
Daily EUR/USD Range https://twitter.com/traderjjs
Daily EUR/USD Range https://twitter.com/traderjjs
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TraderTim
- Trader
- Posts: 21
- Joined: Fri Dec 30, 2011 7:49 pm
Re: My Manual Grid System (HG)
Hi Guys,
I like the idea of using pin candles or engulfing as the trade trigger. I have been trading using TMA for a few years. I use the 4 hr time frame exclusively. Once the upper or lower bands are broken I look for reversal opportunities. Another indicator I use is SDX-Sweetspots so I can quickly see WHERE PA is trying to get to, meaning whole numbers like 31.000 etc... I only have the whole numbers and the .5's on the charts, and most reversals happen once these have been touched.
This works very well, until you get a massive movement in one direction, so a cautious re-entry is the key to survival, as Alpenkorps mentioned.
I am attaching the TMA I use, TMAtrue because it DOES NOT repaint the past. This allows you to find the best ATR multipier etc... setting for each pair by fitting them historically without any curve fitting. I use the defaults for most pairs.
Regards,
Tim
I like the idea of using pin candles or engulfing as the trade trigger. I have been trading using TMA for a few years. I use the 4 hr time frame exclusively. Once the upper or lower bands are broken I look for reversal opportunities. Another indicator I use is SDX-Sweetspots so I can quickly see WHERE PA is trying to get to, meaning whole numbers like 31.000 etc... I only have the whole numbers and the .5's on the charts, and most reversals happen once these have been touched.
This works very well, until you get a massive movement in one direction, so a cautious re-entry is the key to survival, as Alpenkorps mentioned.
I am attaching the TMA I use, TMAtrue because it DOES NOT repaint the past. This allows you to find the best ATR multipier etc... setting for each pair by fitting them historically without any curve fitting. I use the defaults for most pairs.
Regards,
Tim
You do not have the required permissions to view the files attached to this post.
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Fmfx
- Trader
- Posts: 264
- Joined: Sun Dec 18, 2011 10:37 am
- Location: West Africa
Re: My Manual Grid System (HG)
Thanks for sharing bro, i will take a look.TraderTim wrote:Hi Guys,
I like the idea of using pin candles or engulfing as the trade trigger. I have been trading using TMA for a few years. I use the 4 hr time frame exclusively. Once the upper or lower bands are broken I look for reversal opportunities. Another indicator I use is SDX-Sweetspots so I can quickly see WHERE PA is trying to get to, meaning whole numbers like 31.000 etc... I only have the whole numbers and the .5's on the charts, and most reversals happen once these have been touched.
This works very well, until you get a massive movement in one direction, so a cautious re-entry is the key to survival, as Alpenkorps mentioned.
I am attaching the TMA I use, TMAtrue because it DOES NOT repaint the past. This allows you to find the best ATR multipier etc... setting for each pair by fitting them historically without any curve fitting. I use the defaults for most pairs.
Regards,
Tim
Regards
N☺̴̩̩̥̩̩̩ Ri$k. N☺̴̩̩̥̩̩̩ я̩̥̊Ƹwªrd
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Fmfx
- Trader
- Posts: 264
- Joined: Sun Dec 18, 2011 10:37 am
- Location: West Africa
Re: My Manual Grid System (HG)
Hello Alpenkorps,Alpenkorps wrote:My first trade using TMA. As you can see its going pretty well.
So far it looks like an enjoyable system to me. But I am relying more on price action than TMA band. I'll see how the recovery goes when needed.
How has it been going with the 4H, any update?
Thanks regards
N☺̴̩̩̥̩̩̩ Ri$k. N☺̴̩̩̥̩̩̩ я̩̥̊Ƹwªrd
