I was just responding to the comment that using maximum leverage without a SL was a recipe for disaster, by adding it is also a disaster WITH a SL! Once the PA hits the "limit" for a SL order, that order goes into the system as a Market Order. Now, ...

EURUSD

Use maximum leverage WITH stops...... You DO realize, don't you, that there is no such thing as a "limit" order in the forex marketplace? A SL order has as the "limit" portion, WHEN the order to close the trade is "officially" processed.....from ...

EURUSD

Yep. And I suggest you read the notes at the top of the compile once you insert it into your Experts/Indicators file and restart, and then open the MetaEditor (not the MT4, but the MedaEditor which can be accessed thru Icon in MT4) and select this ...

EURUSD

The SDX-TzPivots indy was first coded by Shimodax....very simple version, but nice core code. The core code remains, but the indy has been greatly elaborated upon in conjunction with the THV project. The latest version is SDX-TzPivots_v4.7.1

EURUSD

Forums Participation and Personal Trading.... — Traders look for chart patterns with historically high percentage completion. They trade them for profit and use good money management regarding exits from such trades that go amiss and do not ...

EURUSD

EJ M15 Chart: This may be poised for some more downside. Edit: Add second chart, almost 80 pips drop from PA at time of original post, albeit with a pullback (up) first.......

THV system, final edition

EU M5 chart: This had a nice run down early this morning, so not unexpected a good retrace could happen. In long @ 1.3246 against short term trend but expectancy of pullback (pull up)..... Edit: Add chart completing trade.

THV system, final edition

EU M15 chart: May be setting up now for a drop out of the Bear Channel... Edit: Add trade completion second chart.

THV system, final edition

Good advice you gave there, psiholog. EU M15 chart sporting a couple of Bear Channels, good consolidation signs before next move down.....to the lower 1.3200s I'd venture a guess based upon the fib extensions off the last Bollinger band squeeze.....

EURUSD

The clouds really have nothing to do with this nice Sonic Method, so don't get pre-occupied with them. Read the basics starting at post #1. This is a very good trading method, simple by design and should be kept that way.

Sonic R. System

EU M15 chart now sporting a couple of Bear Channels, which is ideal consolidation before more downside movement. The 424% Bollinger band squeeze fib extension level is reachable about 160 or so pips down at 1.3210, or shall we say the whole number ...

Sonic R. System

Sonic, I see from your last chart posted, you show the CCI on a "34" setting. I never understood why you had it set on "63" all this time before, and I believe I asked a few times why not "34" since your tradebands are based on 34ema. But now you ...

Sonic R. System

Is EU Playing Out a Trend Reversal? — EU H1 and M30 charts: The H1 shows PA at important S&R area (black line) after dropping down from Bear channel, this drop being only about half the potential drop based on run down from the previous Bear ...

Sonic R. System

EU M15 chart: PA has moved down filling gap and then some. But there is not any readable "over average" volume on this downside movement. This is like the "creepy crawley" move kept on uniformly "low" volume so as to not telegraph what is going ...

Sonic R. System

Things are never complicated unless we loose volatility, which the big players will see doesn't happen for very long. Up, down, who cares for reasons just so long as it moves.

EURUSD

Sonic, my MT4 (build 222 just released by FXDD) says the session open is 1.3498 with session low of 1.3497, and so the last low price you refer to of 1.3508 did not close the gap.

Sonic R. System

EU H1 chart: This may be able to give some good downside to us.....

THV system, final edition

And the rules be what...? On the M15? With a H (R2) and a L (1.3508) are we waiting for a Lower High and then PA move down during which entry is made? This is a good one to elaborate on, as it is in the making with you, I and others watching....

Sonic R. System

Anatomy of a Scalp Trade — EU M1 chart: Enter after TL goes red and is retested. Set FE. Exit on FE. Anything over 262% is good, but this hit it fast and pulled up, so I waited longer. Ran almost to 424%, pulled up, then dropped thru it, and I ...

THV system, final edition

EU H1 Chart: The current Bear Channel is, pricewise, in the same area as the previous one. While I dare not hope for such another forceful drop, we could get a run down that would amount to something, albeit over a longer period of time.

Sonic R. System