THV system, final edition | Page 225 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV System Trades & Patterns Thread 857 replies

THV 4 system with SAH; My Trading Journal 163 replies

Bow's trading journal (THV, Hmaoui simple system) 4 replies

My Journal - Based on THV V3.0 by Cobraforex 30 replies

the vouchers - THV System 2 replies

Attachments: THV system, final edition
Exit Attachments

THV system, final edition

  • #4,481
  • Feb 3, 2009 11:42am Feb 3, 2009 11:42am
Quoting sed34
someone tell me is this a bullish divergence, please.
Hey Sed:

I think you need to connect the lows and the lows or the highs and the highs, but not the lows with the highs...

If you click on the paperclip attachment at the top of the page and search for "divergence" you will find the attachment with the 4 types of divergence..
Deprive a man of everything and you give him nothing to lose.
  • #4,482
  • Feb 3, 2009 11:45am Feb 3, 2009 11:45am
Quoting cobraforex
If I would trade at the moment I would think about a short after break and retest of R3 with SL just some pips (1M ATR Indicator) above the R3.
great "call" hehe
  • #4,483
  • Feb 3, 2009 11:46am Feb 3, 2009 11:46am
Quoting cobraforex
If I would trade at the moment I would think about a short after break and retest of R3 with SL just some pips (1M ATR Indicator) above the R3.
Sorry for my short absence but I opened my trading platform again and took that trade.

If I see 30+ pips on the table screaming me "Eat me" I can't resist
  • #4,484
  • Feb 3, 2009 11:48am Feb 3, 2009 11:48am
Quoting Jack Herer
great "call" hehe
Yep
  • #4,485
  • Feb 3, 2009 11:52am Feb 3, 2009 11:52am
Nice Call

Quoting Jack Herer
great "call" hehe
  • #4,486
  • Feb 3, 2009 11:52am Feb 3, 2009 11:52am
Quoting Gofer Pips
Took it off, put the original back on, and will do divergence the old-fashioned way.......Draw it.
Best you can do, the indication (arrow and alarm) is good as a reminder IMO.
  • #4,487
  • Feb 3, 2009 11:53am Feb 3, 2009 11:53am
Quoting cobraforex
Sorry for my short absence but I opened my trading platform again and took that trade.

If I see 30+ pips on the table screaming me "Eat me" I can't resist
That is FUDGIN' incredible....Cobra, you are PSYCHIC ! A psychic viper <---
Deprive a man of everything and you give him nothing to lose.
  • #4,488
  • Feb 3, 2009 11:55am Feb 3, 2009 11:55am
Quoting cobraforex
Sorry for my short absence but I opened my trading platform again and took that trade.

If I see 30+ pips on the table screaming me "Eat me" I can't resist
This time finally I traded and got +31. Trailing stop took me out @ 1.29597. Probably I should give more room the TS .
with 2 trades, +41 for the day so far
  • #4,489
  • Feb 3, 2009 11:59am Feb 3, 2009 11:59am
Quoting cobraforex
Sorry for my short absence but I opened my trading platform again and took that trade.

If I see 30+ pips on the table screaming me "Eat me" I can't resist
It's in your blood Cobra. Maybe you should hire someone to run the hotel.

That was a good trade. My best one of the day. I was watching but I'm sure your words inspired a little more confidence, for me and others.
  • #4,490
  • Feb 3, 2009 12:02pm Feb 3, 2009 12:02pm
Quoting cobraforex
we are still testing it but looks good so you all can test it as well.

replace the actual trix with this one:

Peter sent me also this note:
Trix Divergence
[color=navy]This indicator will plot divergence lines on the Fast Trix indicator and will give buy and sell signal by displaying green and red arrows. It also has a built-in alert function. As the original indicator, bullish divergence is plotted in blue lines while bearish divergence is plotted in red. If the divergence is classic the line will be solid and if the type...
Hi Cobra,

Applied and already made some good trades today. But, do we want to have the divergence indicator on both the 1 and 5 min, or just the 5 min? If it's the latter then we get a red arrow (sell signal) on the 5 min then we look for setups on the 1 min? See my 1 and 5 min below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 142 KB
Click to Enlarge Name: 2.jpg Size: 160 KB
Without vision, the people will perish.
  • #4,491
  • Feb 3, 2009 12:07pm Feb 3, 2009 12:07pm
Quoting cobraforex
If I would trade at the moment I would think about a short after break and retest of R3 with SL just some pips (1M ATR Indicator) above the R3.
Great call Cobra...I'm still short and have only the m5 chart open. Looks like the R2 may be a bit hard to push through. Just got a greenie on the m5 so I'm cashing some in. GREAT chart!
Listen to the whispers.... You may learn something
  • #4,492
  • Feb 3, 2009 12:09pm Feb 3, 2009 12:09pm
Quoting bythepound
Hi Cobra,

Applied and already made some good trades today. But, do we want to have the divergence indicator on both the 1 and 5 min, or just the 5 min? If it's the latter then we get a red arrow (sell signal) on the 5 min then we look for setups on the 1 min? See my 1 and 5 min below.
Exelent question bythepound

The divegence in 1M isn't very reliable, it may make you nervios and let you dought about the trades.

Better apply it only on the 5M and above TF's.

thanks, a good input
  • #4,493
  • Feb 3, 2009 12:10pm Feb 3, 2009 12:10pm
it seems like i'm always late to the party.
  • #4,494
  • Feb 3, 2009 12:11pm Feb 3, 2009 12:11pm
Quoting cobraforex
Exelent question bythepound

The divegence in 1M isn't very reliable, it may make you nervios and let you dought about the trades.

Better apply it only on the 5M and above TF's.

thanks, a good input
thanks for the clarification on the divergence indicator. IT'S A GREAT TOOL.
Without vision, the people will perish.
  • #4,495
  • Feb 3, 2009 12:14pm Feb 3, 2009 12:14pm
Quoting Scrutch
Great call Cobra...I'm still short and have only the m5 chart open. Looks like the R2 may be a bit hard to push through. Just got a greenie on the m5 so I'm cashing some in. GREAT chart!
Hi Scrutch

the 5M fast trix already got a bit inclined and green, also in O/S area and hit 50% Fib.

I would have TP already ( touch of 50% fib) and looking for a good re-entry in 1M but who knows?
  • #4,496
  • Feb 3, 2009 12:15pm Feb 3, 2009 12:15pm
Quoting cobraforex
Exelent question bythepound

The divegence in 1M isn't very reliable, it may make you nervios and let you dought about the trades.

Better apply it only on the 5M and above TF's.

thanks, a good input
Good point because I have seen divergence now too many times on M1, just since we installed it.
  • #4,497
  • Feb 3, 2009 12:19pm Feb 3, 2009 12:19pm
Quoting sed34
it seems like i'm always late to the party.
the invitation didn't arrive at time?
  • #4,498
  • Feb 3, 2009 12:20pm Feb 3, 2009 12:20pm
Quoting TradeWell
Good point because I have seen divergence now too many times on M1, just since we installed it.
yes TW, i'm going to add that point in the manual, it is great but only on 5M above.

You see that always, when it showed up on 5M, was making pips taking an early entry in 1M
Attached Image (click to enlarge)
Click to Enlarge Name: div5mc.gif Size: 35 KB
  • #4,499
  • Feb 3, 2009 12:23pm Feb 3, 2009 12:23pm
Quoting cobraforex
yes TW, i'm going to add that point in the manual, it is great but only on 5M above.
We can make code change to show divergence arrows and line only in 5M and above?
  • #4,500
  • Feb 3, 2009 12:23pm Feb 3, 2009 12:23pm
of my 1 trade this morning.
1) noticed a bear divergence on the 5min forming.
Attached Image


2) began to notice a slowing of the fast trix on the 15min then color change (we like those - alot).
Attached Image (click to enlarge)
Click to Enlarge Name: chart 2.gif Size: 21 KB


3)then started lurking on the 1 for trigger.
Attached Image


Once the PA crossed under the cloud on all three TF's; I opened my short at 1.3012. Let it ride until it retraced to touch cloud at 1.2952.

I know this is not a perfect trade; I did wait for the retest before executing; but then is was 'game on.'

I would like some feedback in whatever comes to mind for anybody - thx

Seer
Pip what you see; See what you pip!
34 traders viewing now