Excellent! — That was a good call Junglelion. What methodology did you use to arrive at the call? Thanks!

EURUSD

Hey — .3746 is 38.2 retrace level of Highest high to low at .2329 as well as MR3 at .3747. From 1H chart line in the sand looks like red line on chart at.3711 if candle closes above this, doesn't look like much in the way until.3840 area. Both ...

EURUSD

Hmmm... — Looks like PA will hang around the R1 1.3608 until the fireworks go off in 1/2 hour, or no fireworks as the worst is expected. I do expect the spread to widen though during the announcement. So, 1 You can get in now with low spreads, ...

EURUSD

Come on — Ed, it's not to hard to call a top or bottom. HIGH= 1.6035 LOW= 1.2329 Read, study charts, develop strategy, execute, and don't make calls ( we are not Nostradamus!). But, it is appropriate to post observations and analysis, ...

EURUSD

As I see it... — We are in a down channel on the 1H. Next area of resistance based on previous short-term PA= .3660 area. Support in .3460 area. A small spike just broke daily high from chart, but not yesterday's high. How the bastard child of ...

EURUSD

All I can say is.....

EURUSD

See attached — I have attached the history of daily prices. Are the Fib pivots the same as standard equation? IBFX opens 6:00pm est on Sunday, could this have an effect due to different broker openings and closings on what prices are used? ...

THV system, final edition

Thanks, but... — I have tried many combos and the closest I can get to FPV=.3929 gets me to .3925 or .3934. Your recommended settings will give a FPV= .3904. I do not know what the differences are between values Cobra is getting and what I ...

THV system, final edition

Bemac — Isn't .3600 the 50% mark of Sept high to October low? And do you see this level as important because it provided support on fall to October low from 10/5 to 10/15 before decisive break lower to .2334? Thanks.

EURUSD

Cobra — I am not sure of my pivot settings. Yours looks close to .3930. IBFX broker has GMT as time, and I am on east coast US. I have broker set at 0 and destination set at 0. Should destination be changed? US session I get .3904 as FPV. Do ...

THV system, final edition

As a beginner... — it is safer to trade off 5min chart and find point of entry on 1min. You can trade the 1min but you will be open to more chances of loss based on quick reversals that can occur on 1min.nce you have experience and "feel" for ...

THV system, final edition

Careful... — Price has tested 23.6%( .3962) retracement of weeks hi to lo twice and met resistance. IMO, if we close 1H above this level, shorts could be in jeopardy as next level of resistance is around .4030. Remember, we are in the crazy ...

EURUSD

I agree, but... — I just don't want to have to use a wheelbarrow of dollars to buy a loaf of bread!

THV system, final edition

Thanks — Thanks Seer, As far as analysis, IMO we may see short term up, even to 4200 level, but reality in Eurozone will eventually set in that they are in deep do-do like US and dollar will see some continued strengthening as safe haven. If ...

THV system, final edition

Observation — There is bearish divergence on the 5min, but there are no safe entries yet based on THV v2 rules, as all PA and t3 above coral. Watching the 1min TF may be developing reversal in bearish direction, but confirmation needed on 5min ...

THV system, final edition

WTF — What is my problem? We get okay to place long, I won't pull the trigger. Why? I refuse to give broker double digit spread, only increases risk IMO. Maybe I need a different broker

THV system, final edition

Welcome back... — Hello Ed, Welcome back after the Holiday Hiatus!

THV system, final edition

Daily Chart — We had thin liquidity trading during the Holidays, and many funkymentals may effect market, such as war in Gaza and whether ECB possible rate changes will be priced in before Jan 15, and effects of oil and gold prices. IMO, we ...

EURUSD

Trading journal — Thanks Cobra. This is an invaluable asset to maintain money management rules, track all trades, and prevent one from over leveraging equity or trading too much. Another great tool from the master! BTW- not ...

THV system, final edition

Good set-up...? — I have posted a 1 min and 5 min chart to show trade taken at 12:50 GMT. This set-up gave me 70 pips once candle changed color on 5min TF, I exited. The circle is entry and the square is exit area.

THV system, final edition