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THV system, final edition

  • #861
  • Dec 4, 2008 8:53am Dec 4, 2008 8:53am
Keep those charts coming, there is always something to learn watching what others see.
  • #862
  • Dec 4, 2008 9:03am Dec 4, 2008 9:03am
Quoting Freddyfx
Keep those charts coming, there is always something to learn watching what others see.
Hi Freddy, how is your trading?
here the same situation on 1M, I took profit now on 842, we see divergence and a possible pause or retrace of the trend.
In case that it will start moving northwards again I'll look for a good oportunity on 1M.
Attached Image (click to enlarge)
Click to Enlarge Name: 1m4d.gif Size: 24 KB
  • #863
  • Dec 4, 2008 9:08am Dec 4, 2008 9:08am
Quoting cashmeer
Tradewell...

Since we moved up from 12700 all the way to 12800...would it have been wise to trade instant execution or put a pending order to sell at 12800...

I mean we have not seen 12800 in more than 4 days and as it was approaching people/institutions were maybe ready to short...it did bounce down about 12 pips...strangely less than the bouce off of R2 1.2822 on the GMT daily pivots..

I know that has nothing to do with THV...but do you look for quick short trades like that?


Man, that was a serious break out....
I usually don't play those shorts unless I have some kind of solid confirmation. Keep in mind too that the range has been relatively small lately so it could be expected that there was a high possibility of it expanding. There is an indicator called ATR, average true range. It had been diminishing since the first week of November. As with all cycles, they eventually oscillate back the other way. We just never know how much until it happens.
  • #864
  • Dec 4, 2008 9:35am Dec 4, 2008 9:35am
Quoting cobraforex
I'm still in (5M chart) but will TP if the green trix pass the TL or price pass T3.
Sir Pipalot !

okay...you're pretty darn good at this buddy...

I was not thinking to use the trend lines on trix as support and resistance...

Now I see...

Well then, bravo cobra / Sir Pipalot

You don't mind if I call you Sir Pipalot do you ?!

Cashmeer
Deprive a man of everything and you give him nothing to lose.
  • #865
  • Dec 4, 2008 9:49am Dec 4, 2008 9:49am
Quoting cobraforex
we see divergence and a possible pause or retrace of the trend.
In case that it will start moving northwards again I'll look for a good oportunity on 1M.
if you want to take advantage of the divergence, do you look to see when the trix passes the 0 mark? Is that a rule of thumb or is there really no good indicator as to when the reversal will take place?

I noticed, as on the chart, that when the red trix went below 0 the retrace or reversal started. Is that a rule of thumb we can use?
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd 1 min - divergence 12 -4.jpg Size: 144 KB
Deprive a man of everything and you give him nothing to lose.
  • #866
  • Dec 4, 2008 10:47am Dec 4, 2008 10:47am
Hi CobraForex, how are you ?
Im trade by your system still continue And I know, that very very very important working with fibo levels Ann all ok
And...when u will post your new template for THV or still testing?
  • #867
  • Dec 4, 2008 10:58am Dec 4, 2008 10:58am
let's give the Maestro his space...you can't rush perfection !

Deprive a man of everything and you give him nothing to lose.
  • #868
  • Dec 4, 2008 11:15am Dec 4, 2008 11:15am
Quoting cashmeer
Sir Pipalot !
Well then, bravo cobra / Sir Pipalot

You don't mind if I call you Sir Pipalot do you ?!

Cashmeer
Better let's stay with Cobra, haha.

I have my bad days as well.

One secret to trade well is to have a daily destination (I learned that from Bemac), mine is 40 pips daily.
I got it or more and the trading room is closed.

In case that I have 3 or 4 bad trades in line I also close the day.
Worst thing is overtrading, trying to catch every move.
  • #869
  • Dec 4, 2008 11:18am Dec 4, 2008 11:18am
Quoting fxairy
Hi CobraForex, how are you ?
Im trade by your system still continue And I know, that very very very important working with fibo levels Ann all ok
And...when u will post your new template for THV or still testing?
Our beta trading group is still testing, the V1 and V2 have different goals and we are still not sure what is best.
  • #870
  • Dec 4, 2008 11:27am Dec 4, 2008 11:27am
Quoting cashmeer
if you want to take advantage of the divergence, do you look to see when the trix passes the 0 mark? Is that a rule of thumb or is there really no good indicator as to when the reversal will take place?

I noticed, as on the chart, that when the red trix went below 0 the retrace or reversal started. Is that a rule of thumb we can use?
If the red trix line crosses the zero level you can expect a trend change on your TF.
Read this article in Investopedia: Advantages of trix
  • #871
  • Dec 4, 2008 11:34am Dec 4, 2008 11:34am
Quoting cobraforex
Our beta trading group is still testing, the V1 and V2 have different goals and we are still not sure what is best.
I would wait for the approval of a template V2
  • #872
  • Dec 4, 2008 12:58pm Dec 4, 2008 12:58pm
Cobra:

I was previously using a combination of the 60 and 20 ma's in a chart and found that the combination was quite useful. However, I was using an simple or exponential moving average. The bollinger band has the 20MA Simple moving avg as its midpoint.

Why use the linear weighted....I will check investopedia, but I am trying to see if you have seen more success with the linear weighted...
Deprive a man of everything and you give him nothing to lose.
  • #873
  • Dec 4, 2008 1:01pm Dec 4, 2008 1:01pm
Hi,

What makes this trades i spotted by arrows not worth entering. I mean what rule would stop you from taking them?
Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 50 KB
  • #874
  • Dec 4, 2008 1:16pm Dec 4, 2008 1:16pm
Quoting Polonaise
Hi,

What makes this trades i spotted by arrows not worth entering. I mean what rule would stop you from taking them?
Wow Strong Windows 98 opearting system....

On a more serious note, Id have to say because the market is in a tight range/kinda flat....Trust me ive been getting a few false signals..Key is to minimize losses until a real trend occurs, like this morning.
  • #875
  • Dec 4, 2008 1:24pm Dec 4, 2008 1:24pm
Quoting Polonaise
Hi,

What makes this trades i spotted by arrows not worth entering. I mean what rule would stop you from taking them?
There was no breakout of the triangle (red box).

On the short trade, the distance between the cloud and the hull is too big.
Attached Image (click to enlarge)
Click to Enlarge Name: bo.gif Size: 30 KB
  • #876
  • Dec 4, 2008 1:35pm Dec 4, 2008 1:35pm
where can I download the THV V2.0?

Thanks,
  • #877
  • Dec 4, 2008 1:46pm Dec 4, 2008 1:46pm
Quoting raucca
where can I download the THV V2.0?

Thanks,
It’s not released yet, the THV development team is still proving it.

Till than you might want to trade the V1 version that works excelent
  • #878
  • Dec 4, 2008 1:50pm Dec 4, 2008 1:50pm
Quoting weswes
Wow Strong Windows 98 opearting system....

On a more serious note, Id have to say because the market is in a tight range/kinda flat....Trust me ive been getting a few false signals..Key is to minimize losses until a real trend occurs, like this morning.
Best time to trade: Full London session
  • #879
  • Dec 4, 2008 2:17pm Dec 4, 2008 2:17pm
Quoting Polonaise
Hi,

What makes this trades i spotted by arrows not worth entering. I mean what rule would stop you from taking them?
Polonaise, I added my 2 cents in an image. I suggest, sincerely, that you go through the posts again and save all the images you see regarding the THV to your PC. You will clearly see a pattern of what we need to fulfil the criteria. Also, read the rules once more in the first or second post and definetly try and draw trendlines...

THIS IS NOT a system of taking trades when the Aqua line crosses the fat Hull line, because according to your chart, I think you are doing that. There are 4 or 5 criteria that need to be met, and you need to draw trendlines.

It is really powerful if you use it properly. Please reread post of rules, first page of thread.


You will get used to it, I assure you.
Attached Image (click to enlarge)
Click to Enlarge Name: for poloniase.jpg Size: 158 KB
Deprive a man of everything and you give him nothing to lose.
  • #880
  • Dec 4, 2008 2:27pm Dec 4, 2008 2:27pm
Quoting cashmeer
I suggest, sincerely, that you go through the posts again and save all the
.
Will definietely do.
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