I use diagonals very little for trading, but those horizontal lines are VERY important, especially when they coincide with other major S/R's. I do use other methods as well, and also look for coincidence with them. Your comments, even when in "Scots ...

ICCE. Bemac's Fib. Reverse Engineered

charts — Hi Bemac, Cobra, ak, Scrutch, SP (in absentia) and everyone else. I haven't posted in a while - life gets busy, and then some. First, a new H8 (made with period converter) looking for the mid-channel bounce. (Sorry Cobra about the ...

ICCE. Bemac's Fib. Reverse Engineered

Price continues to obey.

ICCE. Bemac's Fib. Reverse Engineered

Two I have been working on.

ICCE. Bemac's Fib. Reverse Engineered

Amen to taking care of your own business first. I appreciate your donations here and elsewhere. All the best.

ICCE. Bemac's Fib. Reverse Engineered

Skinny boxes are wide boxes on lower TF's.

ICCE. Bemac's Fib. Reverse Engineered

Cobra, you have come a long way since THV1. You are one of the most amazing people I have ever known.

THV system, final edition

SP500 Daily Chart — Strong rejection from the 76 fib implies a retracement. I'll be watching for signs of continuation or reversal next.

ICCE. Bemac's Fib. Reverse Engineered

Always. A 7% correction, which is about average, would put SP500 at 1000 - a good psychological level.

Cesarnc's market talk, gossips, rumours & fun

That's the general idea. But you have to decide what's right for you. Less risky is a closer SL, like just above the last swing high. Again, choose and be consistent. Bye for now. I'm out until later.

THV system, final edition

If you take into account all the pips you made on this move already, a new entry is not putting you into much risk, especially with a tight SL. Just take into account what I said earlier, and make sure you decide on a plan BEFORE it gets to a ...

THV system, final edition

I can't do that anymore. Maybe in my younger days I could. I feel like crap and can't think right if I stay up too long. I didn't trade at all today, given the news. Anyway, I am mostly trading H4 or H8 for now.

THV system, final edition

Sometimes I feel dead if I didn't get enough sleep. lol

THV system, final edition

So if you take my last post, then consider: Price breaks the strong support, retests it, then you enter AGAIN, still holding your original trade, setting your stop just above the new resistance. A SL hit means very little pips lost, while a further ...

THV system, final edition

But here's the thing: if that big resistance DOES get broken, it could mean a big break to the next s/r. You don't really have risk because you are in so many pips. You could set a reasonable stop above it and if hit, only a few pips are lost. If ...

THV system, final edition

So far you have been very patient and it has been a good thing (this time). You were ready to exit a trade on the break of a trend line which was prudent. Exits are not hard-and-fast rules in THV. Some like to take 1/2 profit on a touch of a major ...

THV system, final edition

Chart EURGBP H4 — Here's an update on this chart I posted before. I had to adjust the box from the previous chart because price told me to. Notice the test of the 50% line, then off to the races. ADD: Peter, I'm working on getting you a ...

ICCE. Bemac's Fib. Reverse Engineered

lol, I'm watching the same one. Not my broker, and mine has been about 1.2 on EJ like almost always. I would call them because it doesn't appear to be widespread, but wide-spread, lol.

THV system, final edition

Really cool.

THV system, final edition