It's a very simple EA that shifts the SL to the 5 EMA (shift 3) every hour...since I trade the hourly charts. Will look up what it's called when I get home, it was free.

What helped you the most to be profitable?

It wasn't meant as an attack, calm down

Forex = legal scam

EAs work, the big players use similar programs. The problem is, most EAs simply aren't flexible enough and people expect 1 EA to work for every market situation...they clearly don't. I use an automatic stop loss EA based on Heiken Ashi candles, ...

What helped you the most to be profitable?

I'm new to this thread, but just wanted to say that this integrates VERY well with other systems. I'm trading based on the THV/Pipware system, and your system serves as a great confirmation for trades. Did some back-testing and using that ...

Simple Money Making Method

100% my view. People are always too hasty to damn regulations...when in reality, it's their last line of defence when SHTF.

Canada now worst place to be an FX Trader, kiss overseas brokers goodbye

I actually agree on having a 50:1 leverage...anything above that is pure gambling anyway. To give you an example: Say you have a $1000 account, at 50:1 leverage you can control up to $50k, or half a lot. The problem is, at this leverage if your ...

Canada now worst place to be an FX Trader, kiss overseas brokers goodbye

2 posts...yet wise advice Too many people get angry because the market isn't doing what they want it to do. Fact is, the market will do whatever the hell it wants...it's like an elephant...and you are an ant. Trying to move the elephant as an ant ...

Forex = legal scam

Those "I couldn't become profitable...ergo no one can" threads are getting old, no offence

Forex = legal scam

It's a fake out I think Damiani says "DO NOT TRADE" which is the first sign. It's also a typical "Judas" swing...aka smart money wiping out stops of people who were short since Friday. I expect another swing like that on London open...maybe even ...

THV System Trades & Patterns Thread

What people often don't realise is that pooling money (taxes) to make sure the population is overall well educated is a MAJOR driver of the economy. The same goes for infrastructure! And no, those elements aren't the biggest contributor to the ...

How did 'rich' economies get so in debt?

On another note: As some of you know I am in touch with a programmer who will produce an automatic stop loss EA for me. When going long, it will set the stop loss to the previous HA candle's low point (candle body or wick, you can chose!)...and the ...

THV System Trades & Patterns Thread

Whenever price is below the Coral long moves are pretty short lived anyway until a trend reversal (which would be indicated by other indicators anyway).

THV System Trades & Patterns Thread

Same here, need my sleep. Either way, the Spanish bond auction's today, so we should get some decent moves. The only problem I see is that the down move might already have been priced in over night, so moves today might be muted. Price is also below ...

THV System Trades & Patterns Thread

Ponzi schemes...with tax payers being the suckers. It makes sense that the government pools taxpayers' money to build roads and provide everyone with an equal chance. Sadly they didn't leave it at that and also started stupid expensive wars and ...

How did 'rich' economies get so in debt?