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THV system, final edition

  • #4,761
  • Feb 4, 2009 8:30am Feb 4, 2009 8:30am
I see in 1H and 5M a kind of H&S.

I think we will have a fast down move soon.

Id like to have experts opinions....


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Attached Image (click to enlarge)
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  • #4,762
  • Feb 4, 2009 8:32am Feb 4, 2009 8:32am
Quoting ikki
Until now, 48 pips, easily.
The key : Patience.
You got it !! Nice trendlines!!
Deprive a man of everything and you give him nothing to lose.
  • #4,763
  • Feb 4, 2009 8:36am Feb 4, 2009 8:36am
Quoting karun
Thanks for your effort on the indicator

Don't thank me, thank Cobra, he is the one that originated the THV system.

I am here just to help...

Peter
  • #4,764
  • Edited 8:46am Feb 4, 2009 8:43am | Edited 8:46am
Quoting cashmeer
This was the first time I have tried entering in on the 1 min based on an overbought 5 min and the change of the fast trix from green to red...

Worked out well...

Scaling out of the positions (4 times) I banked 15 pips on a 40 pip move with 1 lot....

Only, I shouldn't have exited at S1...I thought for sure it would bounce and I exited....

Not bad...

Thanks for the advice on the setups...
Good job Cashmeer!

These trades were on your 1 min, do you have a 5 min chart for these trades too?

EDIT: The reason I ask is that I notice the setup on the 1 minute turns out better when one or both the the TRIX on the 5 minute are the same color as the TRIX on the 1 Minute. I have been observing great setups on the 1 minute when the fast TRIX on the 5 minute is say, red - I look for a short on the 1 minute. When both the fast and slow TRIX on the 5 minute are red, the 1 minute short setup are even better (less risky).
Without vision, the people will perish.
  • #4,765
  • Feb 4, 2009 8:54am Feb 4, 2009 8:54am
Does any other trader here feels like me?

I have seen a bunch of changes and updates and improvements the past 48 hrs, that my screens now told me to take a hike.

Some lines are not showing anymore, I seem to be trading on merely Trix changes of color

Still making pips, but would be happier if soon we get an updated tpl in the first post.

Seeing ANALYZE SELL and ANALYZE BUY in the same chart, Cobra is not talking to me anymore, I hear Peter's cling every now and then..........

Then Gofer finishes me off with his rising sun on that spaghetti chart, which by the way i would love to try here myself.

Is it almost weekend, so I can get matters under control again....
  • #4,766
  • Feb 4, 2009 8:55am Feb 4, 2009 8:55am
Quoting bythepound
Good job Cashmeer!

These trades were on your 1 min, do you have a 5 min chart for these trades too?

EDIT: The reason I ask is that I notice the setup on the 1 minute turns out better when one or both the the TRIX on the 5 minute are the same color as the TRIX on the 1 Minute. I have been observing great setups on the 1 minute when the fast TRIX on the 5 minute is say, red - I look for a short on the 1 minute. When both the fast and slow TRIX on the 5 minute are red, the 1 minute short setup are even better (less risky).
Let me get this straight. Do you mean to say, would I take a 5 min trade based on a 15 min overbought situation? If so, I think Doblece would be better to answer as she is more proficient than me overall and in the 15 min specifically.



Just in case...in my post, the first chart is the 5 min chart...so by the time I was fully into the 1 min trade, the next candle on the 5 min was showing fast and slow red trix and, obviously, the 1 min then was all red...

is that what you mean? Sorry if I am not being clear...
Deprive a man of everything and you give him nothing to lose.
  • #4,767
  • Feb 4, 2009 8:56am Feb 4, 2009 8:56am
Quoting bythepound
Good job Cashmeer!

These trades were on your 1 min, do you have a 5 min chart for these trades too?

EDIT: The reason I ask is that I notice the setup on the 1 minute turns out better when one or both the the TRIX on the 5 minute are the same color as the TRIX on the 1 Minute. I have been observing great setups on the 1 minute when the fast TRIX on the 5 minute is say, red - I look for a short on the 1 minute. When both the fast and slow TRIX on the 5 minute are red, the 1 minute short setup are even better (less risky).
YES, I experience the same, remember I started testing this from the M1 on and Cobra named me the crazy Dutchman (which I will carry with pride, LOL)
  • #4,768
  • Feb 4, 2009 9:00am Feb 4, 2009 9:00am
Quoting Freddyfx
spaghetti chart:
mmmmmm....I could go for some spaghetti right now!! thanks for that!!!

About the other issues you mentioned....here, here !! I agree....


Attached Image (click to enlarge)
Click to Enlarge Name: spaghetti2.jpg Size: 26 KB


yummy!!

Wish me Bon Apetite!
Deprive a man of everything and you give him nothing to lose.
  • #4,769
  • Feb 4, 2009 9:01am Feb 4, 2009 9:01am
BON APPETIT
  • #4,770
  • Feb 4, 2009 9:04am Feb 4, 2009 9:04am
Quoting cashmeer
Let me get this straight. Do you mean to say, would I take a 5 min trade based on a 15 min overbought situation? If so, I think Doblece would be better to answer as she is more proficient than me overall and in the 15 min specifically.



Just in case...in my post, the first chart is the 5 min chart...so by the time I was fully into the 1 min trade, the next candle on the 5 min was showing fast and slow red trix and, obviously, the 1 min then was all red...

is that what you mean? Sorry if I am not being clear...
I looked at your charts again and did not notice you had actually posted the 5 minute.

I have been in search of a good filter that would help me pinpoint the right entries on the 1 minute chart without having to do a lot of technical analysis such trend lines, divergence, and other tasks.
I simply noticed a great thing with the new TRIX indicators.
When the fast TRIX on the 5 minute turns red, I begin looking for the perfect setup on the 1 minute to go short. The 1 minute setup must be according to new THV 3 rules though (except you might be able to ignore the CORAL).
If both the fast and slow TRIX on the 5 minute are red (whether they cross or not to the downside), the setups are even better and usually yield more pips on the 1 minute.
Anyone else seeing this??????
Without vision, the people will perish.
  • #4,771
  • Edited 9:06am Feb 4, 2009 9:05am | Edited 9:06am
Quoting Freddyfx
YES, I experience the same, remember I started testing this from the M1 on and Cobra named me the crazy Dutchman (which I will carry with pride, LOL)
Good - are you seeing what I see and trading accordingly to my post above to Cashmeer?

EDIT - I am going out for coffee, catch up when I get back in an hour or so.
Without vision, the people will perish.
  • #4,772
  • Feb 4, 2009 9:07am Feb 4, 2009 9:07am
Quoting bythepound
I looked at your charts again and did not notice you had actually posted the 5 minute.

I have been in search of a good filter that would help me pinpoint the right entries on the 1 minute chart without having to do a lot of technical analysis such trend lines, divergence, and other tasks.
I simply noticed a great thing with the new TRIX indicators.
[size=3][font=Calibri]When the fast TRIX on the 5 minute turns red, I begin looking for the perfect setup on the 1 minute...


Cut...Paste LOL...

That's what Freddy has been doing for weeks...

I'm not sure about the hit rate to be able to comment...but the getting in when 5 min is overbought/sold and the trix changes color may be pretty safe...

I think Doblece, or Gofer or Freddy or Seer or someone..said that yesterday...

Gotta run..
Deprive a man of everything and you give him nothing to lose.
  • #4,773
  • Feb 4, 2009 9:08am Feb 4, 2009 9:08am
YES, me !!!!!

Hit Rate, 99%

but I need to add:

I also watch my Pip Range Bar Charts, and THOSE are the heart of my trading style.

There I can see when the entry will be the safest and how long I can stay in a trade.

The matter is this guys:
we are all manipulated by these brokers that claim time based platforms are IT, but they don't want us to make too many pips, which we would do a lot easier AWAY from their charts, as remember what Cobra has been telling on and on...................it is ALL about price action, (that means, NOT time action)
  • #4,774
  • Feb 4, 2009 9:14am Feb 4, 2009 9:14am
And now 1M trix is going down, 5M trix is going up and 15M trix is going down. What are you doing now guys? How about join trade together to move it up some hundred pips
Manage your risk accordingly and you're half done your home work.
  • #4,775
  • Feb 4, 2009 9:24am Feb 4, 2009 9:24am
Quoting garfield75
Please let me know how to make the divergence indicator display properply. I have attached screenshot, all lines are displaying flat at the bottom of my screen.

Thanks for all reply in advance.

http://www.forexfactory.com/showpost...postcount=4709

OR

http://www.forexfactory.com/showpost...postcount=4712
  • #4,776
  • Feb 4, 2009 9:24am Feb 4, 2009 9:24am
Quoting Freddyfx
YES, me !!!!!

Hit Rate, 99%

but I need to add:

I also watch my Pip Range Bar Charts, and THOSE are the heart of my trading style.

There I can see when the entry will be the safest and how long I can stay in a trade.

The matter is this guys:
we are all manipulated by these brokers that claim time based platforms are IT, but they don't want us to make too many pips, which we would do a lot easier AWAY from their charts, as remember what Cobra has been telling on and on...................it is ALL about price action, (that means, NOT time action)...
Hi Freddy, I did some research on pip range bar charts just now, are you using an mql plugin or a separate charting platform for that?
  • #4,777
  • Feb 4, 2009 9:27am Feb 4, 2009 9:27am
Being flat is also a position, which I am now.
You don't need to be in a trade constantly and/or grab every opportunity that presents itself !!!!!!!!!!!!!!!!!

Reached my goal for my daily pips already in the first hrs of the day last night.

So going to remove all my THV charts now and redo the setup, that way I can contribute better the coming days.

PLUS...I have a request for Doblece:

A bunch of ppl made use of that FXDD Xmas offer and have that $100 in their account, which is live money.

For the newbies, can you please post/copy/paste some easy understandable English strategy MM to use for such an account. Pip value is 0.01 lot = $0.10

To all that PM'ed me, THV is an EXCELLENT way to build such an account.

and why I don't write that ??????

My MM sucks in a BIG way and I have NO PROBLEM to admit that.
Can also use the advise of our GREAT Doblece.
  • #4,778
  • Feb 4, 2009 9:30am Feb 4, 2009 9:30am
Quoting Freddyfx
Still making pips, but would be happier if soon we get an updated tpl in the first post.
Hi Freddy and all others.

Please take in account that everything we have done here is for FREE and I will keep it like that.

But my daily expenses aren't for free so I need to care about my companies and also my trading once a while.

The V3 template in the first page is working flawless and any improvement made since release is optional untill I have the time to update it in the first page.

It's not only to collect and zip the files, there need to be added some explanations about the improvements in the manual, all that takes time that I truly don't have at the moment, I left a lot af stuff on my desktop for the release of V3 and I need to get that mountain away before starting up with someting new.

Sorry, please understand.
  • #4,779
  • Feb 4, 2009 9:36am Feb 4, 2009 9:36am
RIGHT COBRA.

THAT is the way I run my brick and mortar business ALL the time and I think that everybody should and will understand your position.

For the correct understanding to all:
my post was merely to ventilate that using THV the right way, one needs to do his own homework and learn and learn, as the moment you have it in your vanes, trading almost goes on automatic.
  • #4,780
  • Feb 4, 2009 9:38am Feb 4, 2009 9:38am
Quoting cobraforex
....
Sorry, please understand.
You do what you need to Cobra. Like Freddy says, we really have the tools we need to trade. Enhancements are great but we can wait. The pips can wait. We realize you do have a life outside the thread.
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