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TradeWell replied Nov 26, 2008Good job! I wouldn't have dared to try. Just not feeling it today. Zero trades so far. But I am doing very well for the month so I'm not in a hurry. Way to squeeze it out cobra!

THV system, final edition
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TradeWell replied Nov 26, 2008Remember, that is a new home sales report. Existing home sales is probably a better leading indicator. When existing home supplies start diminishing, then more new home sales should follow.
EURUSD
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TradeWell replied Nov 26, 2008Hang in there...you may get another chance. Thanksgiving week is the beginning of the season for countertrend rallies, statistically speaking.
EURUSD
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TradeWell replied Nov 26, 2008It is a very personal decision. You can trade any time frame with the system, although most use 1 and 5 min. It is probably best to time entry with 1 minute, but after that you could let it run on a larger time frame. If you have other tools that ...
THV system, final edition
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TradeWell replied Nov 26, 2008You can do it this way, and cobra has mentioned it before. You will get more trade opportunities this way but at a higher risk. I personally do not use it this way but, of course, it can be used any way you want. Just practice on demo first!

THV system, final edition
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TradeWell replied Nov 26, 2008Good morning all...up in time to catch all the news and watch fireworks.
EURUSD
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TradeWell replied Nov 25, 2008Glad to hear from you, was wondering. Congratulations! (I guess) My wife is writing two books. It's alot of work. I'll take trading over that any day. Good luck and stay
in touch.EURUSD
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TradeWell replied Nov 25, 2008I have a friend who taught me trading who is coming now to this same realization. It would be nice because I don't want to spend all my time, later, in front of the computer (now is OK - I'm still gaining experience).
EURUSD
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TradeWell replied Nov 25, 2008So then, what IS the definition of scalping? I have seen it defined as "quick" trades, varying from minutes to seconds; or, as trading the spread, to make the difference between bid and ask. It sounds like it can be quite subjective. How do traders ...
EURUSD
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TradeWell replied Nov 25, 2008And this is the key to a good trader. If you follow signals, the market can often change faster than the signaler can disseminate. Algirdas has this problem. Even on one of his last buy calls it did not hit his target exactly, which required the ...
EURUSD
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TradeWell replied Nov 25, 2008I am making an incredible amount of pips today. I haven't even counted yet. Thanks in large part to THV, I feel more confident in my trades. My money management hasn't changed, so I am not taking more risk. (the volatilty is helping too!)

THV system, final edition
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TradeWell replied Nov 25, 2008You raise a good point. The dollar could fall again to its European lows eventually, if they don't take that money supply back out of the economy once it recovers. However, that is further down the road...
EURUSD