You got it, Chicky! And all I know to do to protect myself is trade small, very small, relative to account size (NEVER, EVER overleverage) to keep from having a sudden, unexpected and severe price spike from liquidating the trades from the account. ...

EURUSD

Yes, these threads are a lot different from those for stocks. The reason is with stocks, retailers cannot short as easily as go long, and the lack of being able to find shares to short when you want to, stock slips in price below where broker will ...

EURUSD

How can you NOT believe it is true? FX is highly UNREGULATED. The US stock market is far more regulated and stop hunting is, and always has been, common place. Ever hear of the term "Dead Cat Bounce"? It is illogical to believe, regulated or not, ...

EURUSD

We have had so many "just under 100 pips" to "just under 300 pips" moves in the last number of days, that I have stopped bothering to count them! This market not manipulated.....? Either the elite trading firms are manned with idiots that cannot ...

EURUSD

If you examine the chart in my recent posts you will see fibonacci extension levels off of the PA range of yesterday's session. The FE 100% level = 1.4075. The FE 162% level = 1.4133. Both these levels are within two pips of Gatorila's numbers. Who ...

EURUSD

Asian traders have it back at HOD. They don't seem to be messin' with it like they usually do. So, to me it seem overall quite bullish. However, it seems prudent to expect some kind of pullback. Maybe when the Frankfurt Frankensteins come on board, ...

EURUSD

My part was a supposition only. Your part was sound advice (always much needed here, and appreciated by all). There was no trade until PA did what you said it must do. Which it did. But only then was it a proper trade. Thank you, Sonic. You remain ...

Sonic R. System

Where the heck are your pivot values coming from? They are WAY OFF from what SDX-TzPivots says, using either MT4 server time (5 PM EST - 5 PM EST, NY time) or subtracting 2hrs and basing it on London time. Compare your pivots to those on the ...

Sonic R. System

Done! Thanks, Scrutch.

Andrews Pitchfork (Median Line)

In trying to catch up on these posts I noticed comments regarding people talking about conspiracies. Here is what a poster replied to me recently: "I am glad to see that you are ridding your chart reading glasses of some foggy notion predicated on ...

EURUSD

Good evening Atlast, Jeff, smjones, everyone. I am new to this thread, though I am familiar with some of you from your posts on other threads. To see if I am getting off to a correct start selecting where/how to draw the Fork, I have attached a EU ...

Andrews Pitchfork (Median Line)

My feeling is you have a good trade, one yet to develop though. And the possiblity is high imho that a pullback towards the half number (1.3950) may first happen. There was good relative volume on the drive up. In fact, though NVO does not show it, ...

Sonic R. System

A question for experienced MT4 users........ I know you can save chart PROFILES, but is there a way the user can quickly SWITCH an open chart from one currency pair to another currency pair? My guess is that it cannot be done, but if anyone knows it ...

EURUSD

EU M15: A bit of retrace now, then "up we go?"

Sonic R. System

EU M15: For anyone following this, PA just formed nice "W". We now have that plus a Double Bottom......

Sonic R. System

While taking Sonic's warning to heart and sitting back to see what the market will do, I started messing around with the charts and came up with what you see below. It got me thinking that if range before breakout (whichever way it goes does not ...

Sonic R. System

Good point, Sonic. I was just asking myself, "Gee, do you think this might go south again?" So I am waiting to see which way. Thanks, Sonic.

Sonic R. System

EU M15: Showing Double Bottom...getting ready for setup to upside? Looks like it. Edit (30 minutes later): Nope. They are confirming the Double Bottom instead. NOW let us see if it sets up. Edit (35 minutes later): But, as Sonic just advised (see ...

Sonic R. System

It is the "...then launch a crushing move up...." whose mechanics needs explaining, since such moves obviously have nothing to do with any real relative value within the currency pair involved, and nothing to do with the established trading range. ...

EURUSD

Acumen, you speak as a person with knowledge in this area. So, I'd like to ask you a question about just HOW do the banks move the price so fast, so far. If this was the stock market, I'd surmise two "desks" collude, one buying what the other is ...

EURUSD