What's even more perplexing is that the Euro should have dropped according to fundies but shows upward pressure, only held back by the U.S. stock market.

EURUSD

I don't know ak, it looks to me like there is upward pressure and the only thing holding it back is the stock market, at least in the U.S. session. Not saying you are wrong, but I see what I see.

Extracted Thread (per thread starter's request)

He didn't get punished so how will he resist a second time?

THV system, final edition

Spreads have normalized in the last 10 minutes.

THV system, final edition

Posted by Emda on the EURUSD thread: 09:35 03/05 Industry news: Traders say FX electronic platform problems remain ongoing and are global in nature, the system apparently still going "up and down," according to one. Problem of order execution on the ...

THV system, final edition

Spreads from my br0ker are hovering around 10 for a while now. Not making sense because the market hasn't been moving so erratically or volatile. It's keeping me out. Add: Rumor has it the EBS system is down.

THV system, final edition

Good morning all.

THV system, final edition

When he "locks" his shorts by going long, he has locked in his gains on them. When he "unlocks" them, he is expecting the shorts to continue in their direction. It is basically the same as closing your shorts where you went long, and re-entering ...

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Tokyo is at lunch. I guess we take a break too.

THV system, final edition

I took some profit at +30 (late entry) and still have stops in, though they are in danger. If SL hit, I will also look for better entry.

THV system, final edition

That's right. Think of it as a temporary reversal indicator. It does not always indicate a real trend change, especially as you get into lower time frames. It is not 100% reliable, but as you zoom out in TF it becomes more reliable. I found the M15 ...

THV system, final edition

That's looking good Cobra. With the clouds that would be a pretty complete solo multi-timeframe chart.

THV system, final edition

PA is in a triangle now so it should be decided soon. Add: that only took about a minute!

THV system, final edition

Awesome trade. Good job.

THV system, final edition

My guess is your work computer is slower and you may have to allow more time for it to draw the lines. Other than that I don't know. Doblece may know better, but she has been real busy and may not get back to you for a while.

THV system, final edition

Good job. Don't overtrade and don't get so tired that tomorrow you can't think clearly. Get some rest and good night.

THV system, final edition

Good observation. I had not realized that.

EURUSD

A 10 pip trailing stop is way too tight. A better way is to wait until price has moved 15-20 pips (I use M1 ATR*3) then put you stop at entry and take 1/4 to 1/2 profit. That way you won't be stopped out as easy and will have locked in profit. When ...

THV system, final edition