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THV system, final edition

  • #2,421
  • Jan 16, 2009 3:04am Jan 16, 2009 3:04am
Quoting somi
Sorry,
can you show on picture.
Please
Please ignore the red-yellow-green hull. It is not normally part of THV v2.
Attached Image (click to enlarge)
Click to Enlarge Name: divergence example.gif Size: 21 KB
  • #2,422
  • Jan 16, 2009 3:12am Jan 16, 2009 3:12am
Quoting TradeWell
Please ignore the red-yellow-green hull. It is not normally part of THV v2.
Thank you
  • #2,423
  • Jan 16, 2009 3:30am Jan 16, 2009 3:30am
when taking a divergence into consideration,what line of the trix do you all usually use? I myself have been using the red one because I think that it gives more accurate signals....but I see there are people using also the green one...so which is better? hope for an answer...
  • #2,424
  • Jan 16, 2009 3:58am Jan 16, 2009 3:58am
Quoting vali01
when taking a divergence into consideration,what line of the trix do you all usually use? I myself have been using the red one because I think that it gives more accurate signals....but I see there are people using also the green one...so which is better? hope for an answer...

Here is a post of Cobra using the green one:
http://www.forexfactory.com/showpost...postcount=1575

You can wait to hear more about it from him.

Also, divergence doesn't always work. We are seeing the price increase even though there was divergence. However, I drew a channel which shows the upper limit at about 1.3325, so be careful if you are in a long position, once it gets there.
  • #2,425
  • Jan 16, 2009 4:10am Jan 16, 2009 4:10am
Hello Tradewell,

I see you made it up in the middle of the night for a second day. Sorry you didn't have much action. Wish you the best.

Ed
Up or down, gimme a ticket
  • #2,426
  • Jan 16, 2009 5:00am Jan 16, 2009 5:00am
Quoting SpecialEd
Hello Tradewell,

I see you made it up in the middle of the night for a second day. Sorry you didn't have much action. Wish you the best.

Ed
Yup, scalping for crumbs during vampire hours.
  • #2,427
  • Jan 16, 2009 6:54am Jan 16, 2009 6:54am
Quoting nuancom
ok,target hit
done for to day
have a nice weekend all
You are a frikin' machine nuancom....do us a favor, post some of your losing trades so we can verify that you're human !
Deprive a man of everything and you give him nothing to lose.
  • #2,428
  • Jan 16, 2009 7:00am Jan 16, 2009 7:00am
Quoting cobraforex
On the 1M TF I'm looking for 3 to 10 pips each trade but if it's a good run I wouldn't get out till I see a reason for to TP.
That is what I have been trying to figure out all this time....3 - 10 pips...thank you...really I think my expectations on the 1 min were too high. I understand if your entering the 1 min based on 5 min it could go more...but what you said puts things into perspective...

MUCHAS GRACIAS
Deprive a man of everything and you give him nothing to lose.
  • #2,429
  • Jan 16, 2009 7:04am Jan 16, 2009 7:04am
here are some of my winning trades with some losing trades....

I need to get into the habit of looking left <----------- to find levels of support that PA will stop at....that would help me verify when to enter...
Attached Image (click to enlarge)
Click to Enlarge Name: thv 2 - 14.gif Size: 40 KB
Deprive a man of everything and you give him nothing to lose.
  • #2,430
  • Jan 16, 2009 7:12am Jan 16, 2009 7:12am
Quoting vali01
when taking a divergence into consideration,what line of the trix do you all usually use? I myself have been using the red one because I think that it gives more accurate signals....but I see there are people using also the green one...so which is better? hope for an answer...

vali01...I have asked that question a dozen times...I think if you look back through your charts you will see that both work...my experience is that the trigger of green divergence is usually smaller in duration and length, since it is the fast trix...the red trix has longer duration and length....

Hopefully Cobra will confirm/reject what I said or give another explanation.
Deprive a man of everything and you give him nothing to lose.
  • #2,431
  • Jan 16, 2009 7:16am Jan 16, 2009 7:16am
Well, I had such a rotten day yesterday that I decided to trade on demo account today and get reacquainted with the THV rules, fibs and support/resistance. Here's a post that is living proof of the T3 crossing the Coral. Good for 30 or so PIPs, but I'm letting it run to 1.3195 hopefully. Entered at 1.3257, below support.

Not bragging (remember, it's a demo account). Just reconfirming my lessons and the power of the Cobra (er, Coral).

Have a good weekend everyone. I need to see 1.3052 again.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 22 KB
Up or down, gimme a ticket
  • #2,432
  • Jan 16, 2009 7:16am Jan 16, 2009 7:16am
Anyone else using the FFCAL indicator....

I am not getting any notifications....at all....

My broker is EST, does it auto detect...

the Alert1minsBefore is set to -1
and the

Alert1minsBefore is set to -1

what does that mean, should I make it -15 to alert 15 mins before?

is there a user manual I can look at?
Deprive a man of everything and you give him nothing to lose.
  • #2,433
  • Jan 16, 2009 7:21am Jan 16, 2009 7:21am
Picked up a nice win on the G/U Friday morning.

I love it when it does that.
Attached Image (click to enlarge)
Click to Enlarge Name: thv-1.gif Size: 37 KB
  • #2,434
  • Jan 16, 2009 7:22am Jan 16, 2009 7:22am
just to confirm i got it right :nerd:

should i ve entered from inside the yellow square ? or wait a retest on the coral as it has recently broken it ? or wait till the coral turns red ?
Attached Image (click to enlarge)
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  • #2,435
  • Jan 16, 2009 7:23am Jan 16, 2009 7:23am
Quoting PistolDave
Picked up a nice win on the G/U Friday morning.

I love it when it does that.
woa !
Deprive a man of everything and you give him nothing to lose.
  • #2,436
  • Jan 16, 2009 7:25am Jan 16, 2009 7:25am
Quoting mentos
just to confirm i got it right :nerd:

should i ve entered from inside the yellow square ? or wait a retest on the coral as it has recently broken it ? or wait till the coral turns red ?
I cannot tell what time frame it is...if it is 5 min, you may have see the retest, if there was one in the the 1min...Sometimes, it blows right through...

let Cobra comment as well...
Deprive a man of everything and you give him nothing to lose.
  • #2,437
  • Jan 16, 2009 7:30am Jan 16, 2009 7:30am
it's 5 min. ... and haven't seen any retest of the coral till now ...
  • #2,438
  • Jan 16, 2009 7:39am Jan 16, 2009 7:39am
Quoting cashmeer
here are some of my winning trades with some losing trades....

I need to get into the habit of looking left <----------- to find levels of support that PA will stop at....that would help me verify when to enter...
Is your last trade (I guess you took short position) is a valid setup? I see that the coral is below the cloud and T3, shouldnt it be above the cloud and T3 for a valid short setup? or I am missing something here?

Thanks
Karun
  • #2,439
  • Jan 16, 2009 7:40am Jan 16, 2009 7:40am
Quoting mentos
it's 5 min. ... and haven't seen any retest of the coral till now ...
mentos...caveat my comments...I am not the expert.

We have had this conversation before about the coral in the higher time frame than the trigger time frame e.g. 5min to 1 min or 15 min to 5 min...

We said that it is sometimes helpful to use the original hull and coral in the higher time frame and use the coral in the trigger time frame. If you had done that, this is what your chart would have looked like in the 5 min....


Wait for someone else to confirm what I am saying !
Attached Image (click to enlarge)
Click to Enlarge Name: thv 2 - 15.gif Size: 41 KB
Deprive a man of everything and you give him nothing to lose.
  • #2,440
  • Jan 16, 2009 7:45am Jan 16, 2009 7:45am
Quoting karun
Is your last trade (I guess you took short position) is a valid setup? I see that the coral is below the cloud and T3, shouldnt it be above the cloud and T3 for a valid short setup? or I am missing something here?

Thanks
Karun
Sorry all, maybe I should not have posted that last trade in my winning and losing chart.

Karun, I took that trade becuase I saw divergence [I pointed it out with the aqua t/ls] and PA was seriously stalling so I took a quick scalp downwards....those kind of trades, as I am sure Cobra will agree, require that one DOES NOT BLINK....and one maintains their finger on the trigger....they are quick and could quickly move against the direction of the traders positition....

Look at the post of Tradewell in the last page or so and download and print the divergence chart....it is useful as Cobra has pointed out in so many posts....

Sorry if I confused you or anyone else...
Deprive a man of everything and you give him nothing to lose.
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