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THV system, final edition

  • #3,381
  • Jan 28, 2009 8:51am Jan 28, 2009 8:51am
Cobra, in the London and NY Session you scalp 1min in counter-trend or in direction of the trend. ?

BTW: Que signifca DP?
What does not kill me makes me stronger. Friedrich Nietzsche,
  • #3,382
  • Jan 28, 2009 8:52am Jan 28, 2009 8:52am
Quoting TradeWell
Sorry Cobra I wasn't clear. I was just asking in general because normally the rule is M5 cross first, then wait for M1 to do the same. In this case I am waiting regardless.

Also I noticed the DP for London end of day is much different than NY close DP today. Normally they are closer together. Not sure which one to consider.
1.3220
  • #3,383
  • Jan 28, 2009 8:54am Jan 28, 2009 8:54am
Quoting Gofer Pips
Sounds as if you want most conservative.
...
You hit the nail on the head. That's why I'm not getting too many trades lately. I still need to work on pure M1 scalping. I used the simulator on the weekend and did not do well. But I chose the NY/London crossover hours which may be the worst. Asian session is looking better.
  • #3,384
  • Jan 28, 2009 8:55am Jan 28, 2009 8:55am
Quoting ikki
Cobra, in the London and NY Session you scalp 1min in counter-trend or in direction of the trend. ?

BTW: Que signifca DP?
Always in the direction of the trend of 5 and 15M trading THV but I'm not only trading THV, I scalp as well catching the buttom or top but don't do that at home.

DP=> daily Pivot
  • #3,385
  • Jan 28, 2009 8:55am Jan 28, 2009 8:55am
Quoting cobraforex
1.3220
Mine is 1.3202

Normally they are maybe 4-5 pips different at most.
  • #3,386
  • Jan 28, 2009 9:14am Jan 28, 2009 9:14am
Quoting TradeWell

Also I noticed the DP for London end of day is much different than NY close DP today. Normally they are closer together. Not sure which one to consider.

I would like to hear from experienced traders on this as well. I use the NY close and primarily trade the London / New York overlap.

I haven't found anything on the net that indicates one is better than the other...or even more popular.

Any thoughts?

Regards
  • #3,387
  • Jan 28, 2009 9:23am Jan 28, 2009 9:23am
Quoting Freddyfx
Is this the one that you are looking for?
Hi Freddy
I have same version of Demark on my higher T/F candle charts . It shows
breakouts very well . You can set the alarm for audible and or emails . Nice
indication of direction next to THV on the other monitor . Do you use this
one yourself ?
  • #3,388
  • Jan 28, 2009 9:27am Jan 28, 2009 9:27am
Quoting sundowner
I would like to hear from experienced traders on this as well. I use the NY close and primarily trade the London / New York overlap.

I haven't found anything on the net that indicates one is better than the other...or even more popular.

Any thoughts?

Regards
ODL GMT 0 chart
Attached Image (click to enlarge)
Click to Enlarge Name: odl.gif Size: 34 KB
  • #3,389
  • Jan 28, 2009 9:50am Jan 28, 2009 9:50am
seems like a lot of you are having fun on the 2.1 version.
  • #3,390
  • Jan 28, 2009 10:03am Jan 28, 2009 10:03am
seems like a double top on the e/u. i want to trade but the fed is going to come out soon.
  • #3,391
  • Jan 28, 2009 10:03am Jan 28, 2009 10:03am
Quoting sed34
seems like a lot of you are having fun on the 2.1 version.
yeah, but still bugs in, for example it showed me in the session popup alarm at close of London "alert Tokio close in x min".

Releasing the package like that would mess up the thread.

I'm posting it after fully testing, even with that we may have some small difficults due to the different broker times and settings.

Later you guys and gals only need to make pips.

Have some patience, I hope in the next days we get ready
  • #3,392
  • Jan 28, 2009 10:05am Jan 28, 2009 10:05am
no worries. i can wait^^^^
  • #3,393
  • Jan 28, 2009 10:05am Jan 28, 2009 10:05am
hoping for the power of double top...."technicaly"
  • #3,394
  • Jan 28, 2009 10:12am Jan 28, 2009 10:12am
Quoting sed34
seems like a lot of you are having fun on the 2.1 version.
Only when the market behaves...
  • #3,395
  • Jan 28, 2009 10:46am Jan 28, 2009 10:46am
Quoting cobraforex
ODL GMT 0 chart
Thanks Cobra

Doesn't get much better than that. I'll try it.

Regards
  • #3,396
  • Jan 28, 2009 11:01am Jan 28, 2009 11:01am
In 15 min US news, Federal Funds Rate, don't know what more they want to cut but the market can become nervious.

Take care
  • #3,397
  • Jan 28, 2009 11:03am Jan 28, 2009 11:03am
Quoting cobraforex
In 15 min US news, Federal Funds Rate, don't know what more they want to cut but the market can become nervious.

Take care
whats ur opinion base on technical?
  • #3,398
  • Jan 28, 2009 11:09am Jan 28, 2009 11:09am
Quoting rb26dett
whats ur opinion base on technical?
I gave up about Funnymentals long time ago, the less I know the better is.

I trade absolutely without fundamental bias, only what I see on my chart
  • #3,399
  • Jan 28, 2009 11:19am Jan 28, 2009 11:19am
Quoting cobraforex
I gave up about Funnymentals long time ago, the less I know the better is.

I trade absolutely without fundamental bias, only what I see on my chart
I see this long red toothpick on my chart. How do I trade that?
  • #3,400
  • Jan 28, 2009 11:20am Jan 28, 2009 11:20am
Haha, what I say, a 80 pips 5M candle, lol.

News time is coffee time
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