Agreed. BUT! I refine now my new NON-STOP-LOSSES-SUPER-DRUPER-TRADING-SYSTEM-OF-ALL-TIMES. Testing on demo $2000 open Nov,10. Have made 3964 pips so far (in 20 calendar days, you know). Almost no lost trades. It's a miracle!

EURUSD

WOW! What a spike! Mama told me "Son, never-never-never use stop-losses!" Oh, mommy, you was SO right!

EURUSD

Hm, I see bearish b-fly on H4 right now.

EURUSD

Considering the last rally on the pair this intervetion was anticipated. The question was WHEN? The answer was BUY STOP order.

EURUSD

TP 1.3600 looks like not bad at all. On H4.

EURUSD

Sharks did have their food! In billions! I suppose this is conspiracy! If you do not want be a breakfast for the sharks, use Sell stop and Buy stop orders. Just in case...

EURUSD

Whoohoo! — Just came in time to close 6 buy positions in 0.1 lot on total +691 pips. Have put 2 sell orders @1.3481, +81 pips green now What a day!

EURUSD

That's it! Thanks!

EURUSD

Hello, Steve! Have not found any useful info on the matter by google I have been seeking for a long time for a good range strategy. Can you be more specific on the matter or even post those PDF here on the forum? Thanks.

EURUSD

Run long @ 1.3324 with trailing stop. But still have two buy limits @1.3308 and @1.3275.

EURUSD

The retracement wave of the total today's rally has passed by fib level 14.6% (1.3597).

EURUSD

The second attempt to break 1.3550 support declined aggressively. Some significant retracement of today's rally is needed. Consortium has to pull the price back before tomorrow to have room for the further pushing down.

EURUSD

The market has the perfect sense. We have the October,4 .618 retracement today. From now on the price likely goes up. image

EURUSD

So, daily chart shows .618 retracement is done. +350 pips have been made today. But no more shorts for me from now. Too risky. While the attempt to reach the last wave correction @3565 is still possible. Here's the chart I posted 2.5 hours ...

EURUSD

I'm afraid not. Daily chart is heading south. Also according to this url

EURUSD

Bearish butterfly shot out on H1 image

EURUSD

Well, all corrections are done pretty well so far. Except for the last one. How about 3565 today/tomorrow for .618 correction? image

EURUSD

I have installed this system on my MT4 platform to test it the next week on a brand new demo account. Meanwhile searching more info on the system I encounted the following review by the paid user of Advanced Synergy System 2.0 posted on 2010-04-15. ...

MTF Synery Trading - Testing purpose