Your THV setup should line up with your M15 analysis (even look H4 and D1).
I posted (approx 9 hrs ago) about a perfect EJ setup ie M15, M5 and M1 THV rules were all met. I didn't take the trade because of my M15 analysis and divergence.
Check back a few posts to understand what I'm saying.
BIG NOTE: THV is a great system but you need to know the overall picture of Support and Resistance (also divergence)
hope this helps
cheers, statman
EDIT: I'm now back into the EURJPY (+29 pips in profit as I save this edit) and here's what I watched on my Analysis and why to stood aside until the optimum setup. IMHO Trick is to only trade the best setups
I posted (approx 9 hrs ago) about a perfect EJ setup ie M15, M5 and M1 THV rules were all met. I didn't take the trade because of my M15 analysis and divergence.
Check back a few posts to understand what I'm saying.
BIG NOTE: THV is a great system but you need to know the overall picture of Support and Resistance (also divergence)
hope this helps
cheers, statman
DislikedAhhh okay thank you.
I'm doing Eur/USD + Aud/USD both on 5M frame, and I'm finding that after I get an entry signal, the movement has already happened and when I open position the trade is immediately reversing, I wonder what I'm doing incorrectly...Ignored