10.6 EDSEL

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astral77
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10.6 EDSEL

Post by astral77 »

Thanks BOB & AL. I couldn`t wait and already taken my profit for USDCHF. Once you get the hang of it and have the Eurika :!!: moment then everything falls into place. With decent MM you can not go wrong.

ANYONE who still has problems with this approach please keep reading the last 15 to 20 pages and practice in demo till you are comfortable with it.

Kind Regards
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alorente
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10.6 EDSEL

Post by alorente »

Keep an eye on S&P. If it breaks down, it will pull all the JPY pairs down with it. I am short, EurJpy, GbpJpy, ChfJpy, NzdJpy and CadJpy. Nothing big yet until the final break happens. All the charts show the TMA´s predicting that to happen.
Observation is the path to discovery.
zimezoom
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Post by zimezoom »

Is TMA applicable to S&P as well? I thought it is only for currency pairs. :o
Will you please post your S&P chart with the TMA bands?!
Thanks!
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alorente
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Post by alorente »

zimezoom » Tue Mar 25, 2014 5:52 pm wrote:Is TMA applicable to S&P as well? I thought it is only for currency pairs. :o
No. It works on Indices, Gold, Stocks... It is a way to display the forces inherent in the market. Any market...
Observation is the path to discovery.
zimezoom
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Post by zimezoom »

Then that's what I need! :yahoo:
Please show me your S&P chart with TMAs for comparison purposes!
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alorente
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Post by alorente »

zimezoom » Tue Mar 25, 2014 6:03 pm wrote:Then that's what I need! :yahoo:
Please show me your S&P chart with TMAs for comparison purposes!
Here it is in H4 time frame.
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Observation is the path to discovery.
zimezoom
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Post by zimezoom »

Thank you! Settings are period=50 & ATR=2, right?
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alorente
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Post by alorente »

zimezoom » Tue Mar 25, 2014 6:16 pm wrote:Thank you! Settings are period=50 & ATR=2, right?
Yes.
Observation is the path to discovery.
zimezoom
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10.6 EDSEL

Post by zimezoom »

It seems that your daily TMA is a bit wider than mine. ATR=2.25 maybe?
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alorente
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Post by alorente »

zimezoom » Tue Mar 25, 2014 6:26 pm wrote:It seems that your daily TMA is a bit wider than mine. ATR=2.25 maybe?
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Observation is the path to discovery.
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