Don't forget you can always scale out. It's a good strategy for us chickens . Add: Oh yes, another strategy is using smaller lots. That way big moves against you hurt less.

THV system, final edition

So far, today is a good example of that.

THV system, final edition

Well it's not you. I have been waiting for a good entry also. There was a great one earlier, in London session, but I was sleeping then. A good scalper could have gathered some pips since then but today has not been as easy as earlier this week.

THV system, final edition

First, your previous post. Taking a trade on the 1M when it does not agree with the 5M is a higher-risk scalp and is only recommended for more experienced traders. Also see SpecialEd's post from a little earlier today. New questions: 1. If the 5M is ...

THV system, final edition

Excellent post Ed. Thanks.

THV system, final edition

I can try to help you while Cobra is enjoying some well-deserved relaxation. Yes you are right in that this system is trend-based but that is not the whole story. As previously mentioned, S/R levels as well as trend lines are also important. So, for ...

THV system, final edition

Done huh? How many times have I heard that....

EURUSD

You will have to use the $$ to get her an extra nice Christmas present, to ease your conscience.

THV system, final edition

After Ed and I mentioned counter-trend trading and being , I actually decided to go short. The very short term trend was short, and we broke a trendline (not pictured) and R1 at the same time (along with THV rules of course). This is just a ...

THV system, final edition

I thought about doing that trade, but as you said, I didn't have the courage. I made my goal for the day so I won't enter any more trades unless they are really good. That one was great, except the counter-trend issue. THV is beautiful when you see ...

THV system, final edition

I hear you say this alot. I have this problem too. I solve it by scaling out. Don't you use that strategy?

EURUSD

Good post Ed. It may be a book but books can make for good reading. It is important to pass on mistakes as well as successes. Otherwise the potential impression for readers of the thread is that the system is infallible, which it is not. Thanks for ...

THV system, final edition

Feliz Navidad and take some time off to play with the chickens.

THV system, final edition

Welcome!

EURUSD

Good point. I think they will, but like ak4x says, thinking plus $5 will get me a latte at Starbucks.

EURUSD

Here is a site with all the pivot points: url

EURUSD

I think another factor is that since US rates are as low as they can go, when the EU lowers rates the Euro will have to turn around. To what extent, who knows.

EURUSD

I think you might be right. In the meantime, are you in?

EURUSD

Is the cheating already priced in?

EURUSD

Nice to see someone trying THV on something other than currency. Keep us informed (once it's fully working and calibrated of course).

THV system, final edition