There are good arguments for both camps here. I think what people need to remember is that 15min trading is a very short term model/style of trading. So TAH makes a good point, just because the trend is down on 4 hour doesn't mean we should ignore a ...

Sonic R. System

Well said Al, and although there are good points on why not to "fix something that isn't broke", I think staying open-minded/nimble is also key, and who better to analyse possible improvements than the creator of the method himself and the one that ...

Extreme TMA System

Al brought up an important point about Elliot Wave that I never mentioned, inconsistency. I spent a LOT of time (more than I want to admit) learning to properly count waves, and to follow the rules and many many guidelines correctly, and put it into ...

Extreme TMA System

I definitely don't want to answer for AL here I just noticed that you have put your "i" and "ii" in the wrong place if counting EW. I'm not sure Al has shared everything that constitutes his 1-2-3 breathing system, and I wonder if there is more than ...

Extreme TMA System

Nice chart thanks for posting. What are your cycles based on? I'm watching that H&S very carefully and 'thinking' it will break down this week

Extreme TMA System

Thank you for updating all this and posting it. I guess people only need to read through the first 6000 post's now! It sounds like our friend Al should consider a paperback, "trading according to Al" I've only read a little of the thread ...

Extreme TMA System

Definitely a higher probability setup and great way to be more choosy. But this is coming from the Master of the Scout Trades Sry, couldn't resist poking fun Have a great weekend all

Sonic R. System

This is a very important Pattern for sure and should be watched closely imho It's at the gate, Monday I think market decides if horses let loose

Sonic R. System

That would be a great indy to have

Extreme TMA System

Hello Al. Nice job putting this system together looks very good overall, thanks for sharing. ---- For anyone wondering about Brokers and USA clients, there is a very useful thread at BP here: url Lots of good info in that thread. Finfx ...

Extreme TMA System

You must have slipped through the cracks. I seen TP closed many of their USA accounts on other people. Best not ask them about it if you are happy Some people might find this list helpful url

List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

I seen someone on BP post they were able to open an account with HF so something here might have changed, again.

List of Brokers taking U.S. Clients with hedging, scalping and no FIFO

I share your views as I just posted before you and I too think in the bigger picture, this might be exactly that, a nice way to suck in a bunch of longs. If the USD breaks through 79 decisively however, all bets are off.

Sonic R. System

I would agree and think the move up is done or close to it, jmho, there could be a little more left but soon I think we pick up where things left off.

Sonic R. System

I apologize for not posting this sooner, but currently I am not trading the Euro (still looking for a blasted Broker!) or watching it too close. It was mentioned by more than one person that the price dipping under the TL was a fakeout. I know we ...

Sonic R. System

TY TAH. As you are the main poster of live trades and sometimes veer into camp 2, I thought this might be something important to point out to people following along, especially anyone relatively new. So many good trading books out there that I hope ...

Sonic R. System

A fast word on SL's, for anyone fairly new or only trading a year or two. There are very generally speaking two school's of thought amongst experienced traders or two camps. The first and more popular would say, "keep your losses small, let winners ...

Sonic R. System

I would agree generally speaking because normally the USD runs inverse to the SPX, normally but not always, you can't bank on only it. I seen weakness in the USD when the SPX was crashing Tuesday. "Normally" with such a move down, money would flock ...

Sonic R. System

If you look closely at the chart I just posted above you will see some volume indicators on the left side (red and green bars very faded). There are a couple of things I can tell you about this: First, mostly forget about something like this on a 15 ...

Sonic R. System

If we could all just control our emotions and trades half as good as this guy controls his bike, our accounts would see some mad growth. Madskilz indeed. Here is an updated S&P chart I know our founder here and maybe some others might be interested ...

Sonic R. System