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Attachments: THV system, final edition
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THV system, final edition

Just looking at the charts in the higher TF, there is bearish divergence in the 4HR and the 1HR is a good distance from the Coral....the FPV is at 1.42000...I am thinking if PA can break and hold beneath the FPV we may have some good shorts to play....

Any other thoughts?
Attached Image(s) (click to enlarge)
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Deprive a man of everything and you give him nothing to lose.
Quoting cobraforex
If you do it only 4 times a day with 2 standart lots makes 640 $ daily, not bad at all, isn't it?
this post make me like

the most difficult part for me now is how to return back to trade live after being away for 6 months due to being busy in study and other stuff .. (only on demo during that period).

COURAGE is what i need now.
Quoting cobraforex
If you do it only 4 times a day with 2 standart lots makes 640 $ daily, not bad at all, isn't it?

You always know how to make me smile Cobra. Such a happy thought.
--- Gone --- RIP 11/27/09
Quoting IrishPips
Usually when there's an audio alert, there's a box that tells the time as well as the indicator name that's giving you the alarm- finding this indicator, you can then right click the screen, find the indicator in the list, double right click the indicator to bring uo the indicator options menu, then find the settings for "alarm" or alert--the value will be "true" or "false"
Thanks for the answer. However I forgot to mention one thing. This alert is a pop up window...it's not on the THV template screen. It pops up and says "optimum trading conditions on... (eur/usd)". Along with the pop up window comes a audio alert too. I'm trying to get rid of the pop up and the audio... any suggestions? The pop up window does not allow a right click unfortunately.

Thanks for your time! I'm trying to get rid of the stuff I don't use on the screen that seems to slow MT4 down..especially when I have 5+ charts open at a time and it's trying to give me alerts quite frequently.
Pipnosis "Mistakes are the portal of discovery." - James Joyce
Quoting cashmeer
Just looking at the charts in the higher TF, there is bearish divergence in the 4HR and the 1HR is a good distance from the Coral....the FPV is at 1.42000...I am thinking if PA can break and hold beneath the FPV we may have some good shorts to play....

Any other thoughts?
I personally have been short E/U now for about 8-9 hours...were in the 1.4100 - 1.4150 range and it's been pretty tight like that for some time after this last run up. I entered on a break below earlier today (I'm in PST) at 1.3991 but it came back into the channel. I love the divergence here that you pointed out..it's one of my favorite high probability plays. I hope it's not what everyone is doing because we know what that means... cover my @%!...I mean my shorts. If there is a break then there should be some nice 5 and 15 minute THV setups. E/J and G/J seem to be rolling over too which is a good precursor to E/U breaking down here. Good pips to you!
Pipnosis "Mistakes are the portal of discovery." - James Joyce
Quoting Pipnosis
Thanks for the answer. However I forgot to mention one thing. This alert is a pop up window...it's not on the THV template screen. It pops up and says "optimum trading conditions on... (eur/usd)". Along with the pop up window comes a audio alert too. I'm trying to get rid of the pop up and the audio... any suggestions? The pop up window does not allow a right click unfortunately.

Thanks for your time! I'm trying to get rid of the stuff I don't use on the screen that seems to slow MT4 down..especially when I have 5+ charts open at a time and...
That sounds like the THV MTF indicator [trix histogram].

right click every chart you have this attached to you need to remedy this for

find the thv 24 TF Trixhisto listed under your indicators [it might be on another chart?? you will have this issue with all the charts this is attached to until you fix it and resave your template

double right click the above named indicator

Under "enable alerts" change from "true" to "false"

and that should take care of it
--- Gone --- RIP 11/27/09
I live in texas, and cannot trade the London session but once a week. Can anyone suggest one or two pairs I can concentrate using THV on a 5m Timeframe during the Asian session. Thanks
Here is my weekly chart - even it shows divergence. If we bust through that red trendline and the fib 50% mark though look out above

Quoting cashmeer
Just looking at the charts in the higher TF, there is bearish divergence in the 4HR and the 1HR is a good distance from the Coral....the FPV is at 1.42000...I am thinking if PA can break and hold beneath the FPV we may have some good shorts to play....

Any other thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: wwekly.png Size: 43 KB
Quoting sk8wyatt
I live in texas, and cannot trade the London session but once a week. Can anyone suggest one or two pairs I can concentrate using THV on a 5m Timeframe during the Asian session. Thanks
EUR/JPY [my fave]

EUR/USD still trades OK

USD/JPY
--- Gone --- RIP 11/27/09
Quoting MissPips
Here is my weekly chart - even it shows divergence. If we bust through that red trendline and the fib 50% mark though look out above
Misspips....LOL...

Should I hold my position, I shorted when I posted and it's about 5 pip - 8 pips from the Coral and seconds from those previous swing highs...

I think I'm gonna bail...I hate being within 1 or 2 pips of TP for 5 or 10 mins...

Wait a second...you're sayin' bullish divergence........let me pull up the weekly...I thought you were sayin' bearish divergence...

ADD wow I am not used to watching the hourly chart, that thing moves real slow like...
Deprive a man of everything and you give him nothing to lose.
spreads arent too bad on those pairs
Stumbled across this thread over the weekend and downloaded the latest version for testing. Very impressive. Hope to contribute to this fine thread. I've said it before and I'll say it again, Forex Factory is a great community.
"Don't trade to trade . . . trade to win." - James16
Hi Cashmeer,
No, it's hidden bearish divergence- price is making lower highs, trix is making higher highs. I just wanted to show what has been causing the divergence - price has been been bouncing off of the red t/l(which is pretty well tested), the 50% fib and also the weekly projected high of about 1.4235 since yesterday. Maybe Bernake's speach will be enough to kick us out of this range between the 38.2 fib and the 50 fib that we've been in for weeks.

Where to you see bullish divergence?

Edit: oh, I see,there was bullish divergence at the second half of the double bottom as price bounced off the cloud. But that's been taking us up for weeks and now we have hidden bearish. I guess we will come to the decision point soon between the two.
Quoting MissPips
Hi Cashmeer,
No, it's hidden bearish divergence- price is making lower highs, trix is making higher highs. I just wanted to show what has been causing the divergence - price has been been bouncing off of the red t/l(which is pretty well tested), the 50% fib and also the weekly projected high of about 1.4235 since yesterday. Maybe Bernake's speach will be enough to kick us out of this range between the 38.2 fib and the 50 fib that we've been in for weeks.

Where to you see bullish divergence?

Edit: oh, I see,there was bullish divergence...
Misspips...I saw the divergence...just my brain was malfunctioning....I took a trade today 1/3 the size of a normal trade based on what I had posted about the 4HR divergence and the 1HR away from the Coral....it took HOURS for it to come to where I wanted it to..HOURS !!!

I don't usually trade like that but the pattern was familiar....during those hours I was watching channels and thinking about ICCE and, you know how things go, every other direction starts to look good...

Anyhow, thankfully I did not reverse my postition although I was on the verge of doing just that...

I know the likes of Cobra could have taken 3 times the range of PA in those hours, I wanted to but I cannot open multiple positions in Oanda, I mean I cannot manage two trades in the same pair opposite direction like MT4 used to allow...

I wonder if the bears have left for now?

Question to Cobra, if you're reading this...do you like PA in the Asian session on the E/J becuase it's like PA in the E/U in the London session. What is it about E/J mornings that you cannot get in the E/U?

Just curious...

Y'all trade safely...Good Ole Bernanke with his Big Electronic Money Makin' Machine is gonna be double speakin' this afternoon......
Deprive a man of everything and you give him nothing to lose.
Quoting IrishPips
EUR/JPY [my fave]

EUR/USD still trades OK

USD/JPY
I kind of like the AUD/JPY as well, have you given that one a go yet, IP?
Trading Makes Money!
Can anyone help me with a link or possibly attach installer to enable me access to the latest version of MT4 V220.PLs.I use alpari and i can only find the Ishimoku cloud.Pls help me i need to use this system.

Regards.
Bernake has a long term interest in having a weak dollar (so he can pay back all those trillions borrowed from the Chinese with cheaper dollars, and so the US economy can compete) and a short term interest in having everybody believe he's behind a strong dollar (so he won't have to raise interest rates any time soon - which will kill the green shoots - in order to get the Chinese to buy even more dollars). Considering the mess Mr Greenspan left him, I think he's doing pretty well. The big question is: which of his interests is he going to emphasize in today's statement? I don't think PA is going to do much of anything today until we find out (or at least until we are about to find out).

Quoting cashmeer
Misspips...I saw the divergence...just my brain was malfunctioning....I took a trade today 1/3 the size of a normal trade based on what I had posted about the 4HR divergence and the 1HR away from the Coral....it took HOURS for it to come to where I wanted it to..HOURS !!!

I don't usually trade like that but the pattern was familiar....during those hours I was watching channels and thinking about ICCE and, you know how things go, every other direction starts to look good...

Anyhow, thankfully I did not reverse my postition although I was on the...
The indicators (except for the Ichimoku) do not come with any MT4 installation. They are in the zip files on the first page.

Quoting glucksmart
Can anyone help me with a link or possibly attach installer to enable me access to the latest version of MT4 V220.PLs.I use alpari and i can only find the Ishimoku cloud.Pls help me i need to use this system.

Regards.
Quoting MissPips
.....Considering the mess Mr Greenspan left him, I think he's doing pretty well. The big question is: which of his interests is he going to emphasize in today's statement? I don't think PA is going to do much of anything today until we find out (or at least until we are about to find out).
You echo some of my views MissPips. I am of the view that he can always do a better job. I have a cold feeling he will outline new rules going forward but....

It's really a question of waiting to see which side he tips his hand and what market participants think of what he has to say.

Z
I took this trade after a bearish divergence and trendline break on the 5 min. Entered after the break of the resistance on the 1 min. 12 Pips.
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