THV system, final edition

I would love to. However, between the bears, foxes, skunks, mountain lions, raccoons, dogs and cats, I'll take my chances with $3 at the local feed store.

Short ???

I'm not following this conversation.....are we gonna make any pips with these chickens, worms and mountain goats???!!!... how does this fit into THV

my eyes are starting to diverge from looking at these charts...

Chickens = getting up early = getting better trades on THV =

I see !!!

That makes sense...that's not hidden divergence ! That's clear as day...!

Okay...we should stop now...there's gonna be 17 pages of chicken divergence...

Important point on 4H E/U, will that TL hold or getting broken?

That is a good observation....hasn't it already been broken...

and do you notice that your RSI is oversold and mine is not?

Could it hit R3?

Wait...my pivot points are different. I am waiting to get the new indicator so we're all pretty much on the same page...

No, wasn't broken yet, good idea to look for a short oportunity (confirmed !!!) with tight SL.
Can have a good RR relation.

that was a helluva call....I think I need to maybe rely less on the FXOE SHIChannel and do my own channels and t/ls...

The THV ssystem sure works. http://www.forexfactory.com/images/icons/icon7.gif What I belive I need now is a trailing stop system which I can programme on Visual trader, my trading platform. The one on the platform is not too reliable. http://www.forexfactory.com/images/icons/icon9.gif Please, does any body have a reliable trailing stop to spare?

According to the chart, Lower High on price and Higher High on Oscillator is hidden convergence (Bear Div)..Let's see what happens...

I think maybe because of low volume/liquidity...it may have already done its dive...

Just wanted to check ths out...on my demo, ofcourse !!

PS: Don't ask me where I entered or how I came up with the S/L and TP...I had to smoke a cigarette and didn't know what to do !!!

AFTER THE FACT:


okay...that was weird...maybe that divergence was so hidden, it wasn't actually there...that's enough divergence for today...it is 1 am and I gotta get some zzzzzzzzz....

good night y'all

Don't shot too fast, the decision is closed but still not confirmed (but was good for some pips in 1M)!!!
No break of the TL in 5M yet.

New Pivots just came out and looks price is respecting the MR1, will wait for break and restest for taking a trading decision.

Went short just under MR1 and SL is now at BE.

PA intersecting 89sma on 15 chart.....trix has been cycling down in ragged waves. Not sure what/how long the PA may play around this 89sma, but overall it looks good for an eventual drop....imho.

That was a nice and secure trade, I took profit on THV rules and am waiting for a reload under DP with retest if it goes there. On the other side a long on rules.

A view on the pivots, that is microscopic work.

In fact, I added a small position just under the DP. Initial position profits locked.

I am getting much more comfortable with the template today (it's still a bit unpleasant for my eyes but I vowed not to go changing colors until I was proficient with it as is). I have put in several long term trades on 15 min charts and done some scalping on 1m and 5m tf.

Some thoughts (mainly for myself). On a trade entered off the 15 minute almost always there is a retrace before it continues on in the right direction. I am considering taking the signal on the 15 min and then moving down to 1 and 5 min tf and waiting until they both line of in the same direction before entering.

I need to remember to check the hull on 1 hour and not trade against it. When I have gone against it I have had a long wait until the trade finally went my way. However when I have waited for the 1hr hull to change color the trade does not stagnate for so long.

I need to stop trailing the stop. On all 15 min trades I have taken (minus 1 loser) I got too anxious with the stop and got stopped on with 18 - 22 positive pips, however if I had left stop at BE and waited on a 1 hour HA candle color change I would have bagged many, many more pips. I know, any positive pips are good but if there's on obvious way to bag more safely I think it would be naive not to take advantage of it!

On scalping, really the only thing I have noticed is making sure I am in line with main trend a tf or 2 above, looking out for s/r, and being patient until it a good signal is given. I have not even been using the trix, need to study up on that.

Really great system, thanks guys!

Jimmy:

I'm glad you are doing well with THV. I must say, I don;t have the patience or nerves right now to trade the 15min. Maybe it's part of my personality...I just need quick in and out <---- I mean that in a purely professional sense; I'm married and faithful !!!

back to the subject...I am going to look at what you have mentioned about higher time frames becuase my wife also wants to trade and she prefers to trade the larger time frames....

Thanks for the input !!!