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THV system, final edition

  • #3,221
  • Jan 27, 2009 9:54am Jan 27, 2009 9:54am
Quoting cobraforex
Did someone notice that lately the 50% Fib works way better in E/U than the 61.8?
Which set of fibs? I don't see it, but there was just a good bounce off the 61.8.
  • #3,222
  • Jan 27, 2009 10:00am Jan 27, 2009 10:00am
Quoting TradeWell
Which set of fibs? I don't see it, but there was just a good bounce off the 61.8.
Attached Image (click to enlarge)
Click to Enlarge Name: 50fib.gif Size: 27 KB
  • #3,223
  • Jan 27, 2009 10:00am Jan 27, 2009 10:00am
Yes Cobra you're right about the 50% retracement. Here's one today on the 5 min.- A beauty!
Attached Image (click to enlarge)
Click to Enlarge Name: 50% retracement.png Size: 23 KB
  • #3,224
  • Jan 27, 2009 10:02am Jan 27, 2009 10:02am
Quoting TradeWell
Which set of fibs? I don't see it, but there was just a good bounce off the 61.8.
Tradewell, what are your upper and lower bounds for that 61.8?

I'm having rough day today. Got up late (but the rest was good), and have now missed a couple of good waves. There's always another THV winner though!
Up or down, gimme a ticket
  • #3,225
  • Jan 27, 2009 10:04am Jan 27, 2009 10:04am
Quoting cobraforex
A beautiful 80 pips news related trade on 1M with early "Analyse Sell" signal on E/U
beautiful chart
  • #3,226
  • Jan 27, 2009 10:05am Jan 27, 2009 10:05am
Quoting cobraforex
A beautiful 80 pips news related trade on 1M with early "Analyse Sell" signal on E/U
I got that one too. The signal was well-timed.
  • #3,227
  • Jan 27, 2009 10:07am Jan 27, 2009 10:07am
Quoting TradeWell
I got that one too. The signal was well-timed.
Unless you were already in a counter-trend trade with too big a SL and no sense to run a hedge.
Up or down, gimme a ticket
  • #3,228
  • Jan 27, 2009 10:07am Jan 27, 2009 10:07am
Quoting cobraforex
OK, it was a vry short term fib - I was looking at a daily fib. Gotta keep drawing them!
  • #3,229
  • Jan 27, 2009 10:08am Jan 27, 2009 10:08am
Quoting sed34
beautiful chart
You'll have it soon on your screen, let's get the small bugs out of it and we release it.
  • #3,230
  • Jan 27, 2009 10:12am Jan 27, 2009 10:12am
Quoting TradeWell
OK, it was a very short term fib - I was looking at a daily fib. Gotta keep drawing them!
I'm a very short term trader

I'm closing the trading room for today, this rain of pips is getting too strange and I want to keep that basket full for me.

BTW: 5% up this week and we have recently tuesday
  • #3,231
  • Jan 27, 2009 10:23am Jan 27, 2009 10:23am
Quoting SpecialEd
Tradewell, what are your upper and lower bounds for that 61.8?

I'm having rough day today. Got up late (but the rest was good), and have now missed a couple of good waves. There's always another THV winner though!
Yeah other than that good run down my week is only so-so so far. I'm not trading London and that's where better trading has been for two days. Looking for more!

Fibs are from 1/23 low of 1.2764 to high of 1/27 1.3328.
  • #3,232
  • Jan 27, 2009 10:24am Jan 27, 2009 10:24am
My analysis from what I saw and see from today.

S/R chart-There are two daily S/R levels .3254 and .3239 areas that the daily could not close above, and .3139 area that the daily has not closed under. This would give an indication of range of trade today although the .3254 area has been tested once and second time on the one hour close there was a hanging man candlestick representing that the bears rejected where the bulls wanted to go(IN THAT HOUR OF TRADE) What I see ahead, trade what I see on the THV, but we may retest daily .3080.

FIB chart-There is alot of resistance around the .3204-.3230 area and 50% retrace of last up is in the .3095 area, so i see this as what you might call an intraday pivot point. if it bounces up we go, if it blows through, we may test .3039 61.8% and even the 76.4 % at .2971 area. You can see by S/R chart the differnt levels to cross.

That's what I see and saw today. Would have posted earlier, but was addressing some computer issues!
Good Luck and pipping to all THVers!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: SR_CHART.png Size: 33 KB
Click to Enlarge Name: FIB_CHART.png Size: 32 KB
  • #3,233
  • Jan 27, 2009 10:30am Jan 27, 2009 10:30am
Quoting cobraforex
I'm a very short term trader

I'm closing the trading room for today, this rain of pips is getting too strange and I want to keep that basket full for me.

BTW: 5% up this week and we have recently tuesday
Hi cobra. I've been using THV v2. I want to take this opportunity to congratulate you and all of the people that have chipped in to make this such a great system. How's the v2.1 coming. I'm really interested. Thank you again. THV has really helped me to become a better scalper.
  • #3,234
  • Jan 27, 2009 10:30am Jan 27, 2009 10:30am
Notice price and pivots. Especially the quarter pivots! I love those things!
Attached Image (click to enlarge)
Click to Enlarge Name: QUARTER_PIVOTS.png Size: 59 KB
  • #3,235
  • Jan 27, 2009 10:34am Jan 27, 2009 10:34am
Quoting Gofer Pips
Notice price and pivots. Especially the quarter pivots! I love those things!
I can second the quarter pivots. Some times I just buy or sell any given currency from these. Scalp really fast, but great results.
  • #3,236
  • Jan 27, 2009 10:35am Jan 27, 2009 10:35am
Here is an example of what is to come with v2.1. Trading the aggressive set-up on M1 timeframe, a quick 20 PIPs was available in about 2 minutes! Chart shows where the position of the trix on cross up, and the entry candle.

Good trading to all.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 19 KB
Up or down, gimme a ticket
  • #3,237
  • Jan 27, 2009 10:41am Jan 27, 2009 10:41am
Quoting SpecialEd
Here is an example of what is to come with v2.1. Trading the aggressive set-up on M1 timeframe, a quick 20 PIPs was available in about 2 minutes! Chart shows where the position of the trix on cross up, and the entry candle.

Good trading to all.
Damn. That trix looks amazing. I've been doing well with v2. But v2.1 looks so much profitable with the new trix. I guess it's gonna help out with timing.
  • #3,238
  • Jan 27, 2009 10:43am Jan 27, 2009 10:43am
Quoting hgtrad
Damn. That trix looks amazing. I've been doing well with v2. But v2.1 looks so much profitable with the new trix. I guess it's gonna help out with timing.

Depending on your trading style, I think it is still important - and most profitable - to understand the trend at the time you are trading. Sure makes it easier. That said, you will notice with v2.1 that you require a lot less drawdown on your account because you can use smaller stop losses. Patience my friend. The master (Cobra) is at work.
Up or down, gimme a ticket
  • #3,239
  • Jan 27, 2009 10:50am Jan 27, 2009 10:50am
Quoting SpecialEd
Depending on your trading style, I think it is still important - and most profitable - to understand the trend at the time you are trading. Sure makes it easier. That said, you will notice with v2.1 that you require a lot less drawdown on your account because you can use smaller stop losses. Patience my friend. The master (Cobra) is at work.
Thanks. Well, enough trading for now. See you later my friend.
  • #3,240
  • Jan 27, 2009 10:52am Jan 27, 2009 10:52am
good day all.

In the begining i want to thank Cobra for this system.

i have a few questions:
1) last version is 2.0 thv
2) Do you trade on 1 min using 5 min confirmation? i mean 5 min heading down then look on 1min chart to get in?
3) how many trades per day do you have

because I tried it on 1 min chart and had 50 trades per day. even more. wasn't profitable.

I respect all the R&S levels

thank you in advance
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