THV system, final edition

A fast analyse, the violet box is more than less the range we can play with, a break and retest of the green HL lines would mean a new trend.
the 4H is looking bullish at this moment and I'm waiting for a clear signal.
1.2905 is a resistence point a break would give us a way to look for.

Hey amigo Cobra gracias por la bienvenida, y por supuesto con todo la gente que estan disfrutando del sistema y tu negocio si debe estar ocupado !!

Again thanks you for bringing this system for free, and furthermore for the time you still dedicate responding all the newcomers's(mmmm....like me !) questions, making them stay, learn, hope and getting better in this really not easy profession !! And the thanks goes to all the friendly contributors of this great thread ..... Nice work making one the friendliest Forex thread i ever seen !!!

Alex.

thanks alex for the nice words, muy bueno tu español !

here my first trade:

like I posted before I knew that 1.2905 is a support and I set a pending buy order at 1.2907, my TP MS1 => 25 pips cashed

I'll be disconnected now because I usually don't post and trade, too much money in game.

So please post whatever you need to know or trades you've taken, Cobra will be back after the London session.

Happy pippin

Hello all,

Attached is a trade I made about 30 minutes ago (on a demo):

I was looking at the 5 min and it broke out of the channel and under the pivot point,I waited to see if the pivot would hold or not,price went further down and I then took my entry based on the 1 min chart,the fast trix line going back to red,PA was under the ichimoku cloud and under the coral line.

The 15min and 1 hour chart trix lines were also red with the 15 min having crossed down as well.

Lesson learned: look at the bigger timeframes too so you can stay in the trade longer.

Nevertheless I made 30 pips,which is double the amount I aim for per day so im happy.

Let me know what you guys think.
Also I have a problem with the news indicator,I put it on my chart but nothing comes up. weird.

Hi guys I've been following this thread for a while and thought I would join the forum to thank the entire THV team for sharing a very good system with us all. I’ve been using it to trade on a demo account and have had good results thus far.

I do have a couple of questions though.

1) I wanted to know if it's best to wait for a candle to close when all rules have been met on the M5 and M1 before entering. Or do you go in at this first sign of price action crossing the cloud on the M5 and M1 when all other rules are met?
2) If the coral is saying you should only be taking long trades but you see the price action move below the cloud and all other rules are met for a short is it best (provided you want to take the trade) to take this type of trade on M1 so you can scalp some pips and get out quickly.

Hi Cobra,

Can the labels be shifted to the left...it blocks trix

herre is the picture

I ask the same the other day, the answer is moving that gray arrow (triangle) on the upside of the chartt to the left.


Regards


jack

u can shift the last candle a little bit to the left.

hold and drag that small triangle at the upper right part of your chart.

if u still can't find it tell me and i ll post a pic.


BTW: i am having some good pipping today and starting to get familiar with the new Trix .. so it was my fault yesterday that i didn't get out after the second loss trade (acc. to my rules).

Hi Guys,

Thanks a lot. I just see tht arrow, after using MT$ for about one year.

same happened to me.....lol

why the coral is disabled in my 1M TF?

should i use something else other than the coral? or change its settings before using it?

guys, careful now, possible H&S on 4H chart

Thanks for the advise, i would think the eur/usd one, isn't it? or another one?


jack

oops, forgot to mention it, yes, EUR/USD

I'm not trading now, just waiting, 30M chart looks like it's about to change trend

nice channel we have here 5M chart

I think it may touch MR1 before big fall, RSI overbought in all TF...

I also think it will give us a big retrace Regards, its very overbought...

Regards

In a situation like that .. should we wait for the coral to be crossed?
i know it depends on our risk level but here i don't think not waiting for the coral would be of high risk.

am i right?

retracing

Many thanks to Cobra and the team for putting this together.

I am more than amazed at the regularity of pips scored with this tool.



C