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THV system, final edition

  • #6,101
  • Feb 16, 2009 1:34pm Feb 16, 2009 1:34pm
Quoting cashmeer
oooops....let me delete that....!!!??? Delete my quote.....TW, are you upset with what I wrote??? I was kidding...I thoght the emoticon of me on the floor laughing was a good indication that I was joking....
I guess what TW was trying to say is that it is not a good practice to leave personal phone numbers or even email addresses free available on the net...
  • #6,102
  • Edited 2:07pm Feb 16, 2009 1:55pm | Edited 2:07pm
Quoting doblece
I guess what TW was trying to say is that it is not a good practice to leave personal phone numbers or even email addresses free available on the net...
I assumed he was joking, but...you never know...owls....his avatar looks serious as heck...

"THV Help desk, this is Cashmeer...how may I help you...?"


ADD: I would do it for $5.00 per minute...

Client: I seem to be having problems with my charts, let me explain....
Cashmeer: So, you want to run that by me again, just say it real slowly... LOL



Okay...that's enough joking from me...I'll try and be more serious...
Deprive a man of everything and you give him nothing to lose.
  • #6,103
  • Feb 16, 2009 2:15pm Feb 16, 2009 2:15pm
SpecialEd,
1) When I entered 1.29003, spreadsheet cut it off as 1.2900. It should take 1.29003 as input.
2) How come Max Acct Loss always stays at 188.88 no matter what values are entered?
3) Besides having the SL Buy & SL Sell values, can you have spreadsheet calculates values for Profit target Buy & Profit target Sell to achieve 1:1 or 1:2 or 1:3 Risk:Reward ratio as well?

Thanks!

Quoting SpecialEd
Tuckee, it is a simple spreadsheet. I had the one cell as 6 digits (5 to right of decimal) by mistake. Have reformated that cell. Am re=attaching. If you need more help, or if I misunderstood your request, let me know.

Good luck.
  • #6,104
  • Feb 16, 2009 2:20pm Feb 16, 2009 2:20pm
Quoting Freddyfx
Any Dutch speaking traders in here, please contact me per [email protected]
as I made a Dutch article about the trading style/money management to share with you.

Spreek je Nederlands, neem dan contact met mij per mijn email adres eerder vermeldt.
Hi,Freddy I sent you a message.Hoping to hear from you.Ciao
  • #6,105
  • Feb 16, 2009 3:09pm Feb 16, 2009 3:09pm
Here was a trade that I'm not sure many people would have entertained the thought of considering the lack of volume at this time...

1.) 15 min hidden bullish divergnce. Bouce off trendline and rejected at S3.
2.) 5 min break of triangle, continuation of uptrend in trix and rejection at S3.
3.) 1 min continuation of trix uptrend. Clear THV entry, although I entered prematurely under a horizontal resitance...Clear to MS3...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: thv 3 67.gif Size: 34 KB
Click to Enlarge Name: thv 3 68.gif Size: 34 KB
Click to Enlarge Name: thv 3 69.gif Size: 32 KB
Deprive a man of everything and you give him nothing to lose.
  • #6,106
  • Feb 16, 2009 3:42pm Feb 16, 2009 3:42pm
Quoting EATrader
SpecialEd,
1) When I entered 1.29003, spreadsheet cut it off as 1.2900. It should take 1.29003 as input.
2) How come Max Acct Loss always stays at 188.88 no matter what values are entered?
3) Besides having the SL Buy & SL Sell values, can you have spreadsheet calculates values for Profit target Buy & Profit target Sell to achieve 1:1 or 1:2 or 1:3 Risk:Reward ratio as well?

Thanks!
EATrader, I apparently missed formatting a cell. Try this attachment. Max Acct Loss will only change when you change account value or percentage you are willing to risk. It has nothing to do with PIPs. PIPs result from that calculation.

I can add TP for 1:1, 1:2 and 1:3 risk:reward ratios but not until later. Running out the door.
Attached File(s)
File Type: xls OrderSizeCalculator.xls   24 KB | 741 downloads
Up or down, gimme a ticket
  • #6,107
  • Feb 16, 2009 3:59pm Feb 16, 2009 3:59pm
this was the most stressful trading day ever for me

still, got out with 54 pips

I need to relax now, I think I should have stayed in bed today

hope you are all ok
  • #6,108
  • Feb 16, 2009 4:06pm Feb 16, 2009 4:06pm
Quoting Jack Herer
this was the most stressful trading day ever for me

still, got out with 54 pips

I need to relax now, I think I should have stayed in bed today

hope you are all ok
trading can be mentally exhausting...54 pips is worthy of an

See you tomorrow..
Deprive a man of everything and you give him nothing to lose.
  • #6,109
  • Edited 5:40pm Feb 16, 2009 4:23pm | Edited 5:40pm
Quoting Basber
Thank You For Your Time For Telling Your Idea, But Wouldn't It Be So Difficult And Complicated IF We Wait For All The Signs ? (I Know It's Ideal To Wait For Every Thing To Line Up, But I Think It Happens Rarely)
Afterall Thank You For You Comment ! I'm Sure I Learn From EVERY Comment

Regards,
The goal is to take only the A+ trades, most new traders think they need to be always in the market and have the idea that if they don’t have an open position they are not trading but not trading if not sure is trading as well.

Here a small tip how to trigger more potential trades:

On your candlestick chart (we always should have one open like the THV Analyze chart) set Bollinger bands (20 - 2) and watch out of touch or break of the outer BB’s.

In case that you see strong candle reverse signs like pin bar, engulfing pattern, inside bars or dojis (the last one can be a continuation as well, it’s only valid at a very bottom on a trend and needs confirmation of the next candle) after that touch or break look for a reverse sign in 5M and take the trade on THV rules in 1M (or 15M and take it on 5M).

Notice as well the RSI, if it is very closed to overbought or sold areas the trade can be valid also S&R, Fibs and TL's are very relevant for the decision.

These trades mostly give you some additional pips.
Attached Image (click to enlarge)
Click to Enlarge Name: bb5m.gif Size: 43 KB
  • #6,110
  • Feb 16, 2009 5:26pm Feb 16, 2009 5:26pm
And i thought earlier in the London session was bad. Wow! Gave back one third the pips the market gave me. But glad I am still in one piece. I got whipped out of a trade in less than a second during the London/US session with 10pips SL. I was timing an entry with THV rules but by the time I clicked SELL, the market has gone pass more than 8 pips and then back track to my SL.

All in the sub-seconds when my brain says click the button to actually clicking the button, it was gone. That was how choppy it was ...

Should have stayed in the sideline and watch like Cobra mentioned.

Quoting cobraforex
Best would have been to stay aside on day trades today.
  • #6,111
  • Feb 16, 2009 5:53pm Feb 16, 2009 5:53pm
Quoting cobraforex
On your candlestick chart (we always should have one open like the THV Analyze chart) set Bollinger bands (20 - 2) and watch out of touch or break of the outer BB’s.
Just an additional thought about this.
When a pair is strongly trending, it will usually remain at the upper band (more exactly between bands (20 - 1,5) and out of bands (20-2) - in fact for EURUSD the channel that forms is mostly between 1,5 and 2,5 deviations) and will sometimes make a pullback to the median line just to bounce and push back in the original direction. This is why, when spotting a possible reversal from those boundaries, an effective cross back of the 1,5 deviation (a full candle opened and closed outside in the direction of the middle line) can be a good additional confirmation. In any case, if the price broke through but came back towards the ascending or descending channel, it is better to wait a little until all conditions are met.
  • #6,112
  • Feb 16, 2009 5:54pm Feb 16, 2009 5:54pm
Quoting caveman
That was how choppy it was ...

Should have stayed in the sideline and watch like Cobra mentioned.
Did anyone noticed that there was no real "US session" today as it was a Bank holiday?
  • #6,113
  • Feb 16, 2009 5:57pm Feb 16, 2009 5:57pm
Quoting doblece
Just an additional thought about this.
When a pair is strongly trending, it will usually remain at the upper band (more exactly between bands (20 - 1,5) and out of bands (20-2) - in fact for EURUSD the channel that forms is mostly between 1,5 and 2,5 deviations) and will sometimes make a pullback to the median line just to bounce and push back in the original direction. This is why, when spotting a possible reversal from those boundaries, an effective cross back of the 1,5 deviation (a full candle opened and closed outside in the direction of the...
Okay....more than 1/2 of what y'all said just went straight over my head...

ascending, descending, engulfing, median bounces??!!

maybe y'all can talk it out and let us know when it's nice and easy...easy like THV...




AND yes, doblece, ikki and I were saying that the PA today was as eratic as it was around the chirstmas/new years days...
Deprive a man of everything and you give him nothing to lose.
  • #6,114
  • Feb 16, 2009 6:13pm Feb 16, 2009 6:13pm
Might be the reason for the choppiness. "Ying Yang" imbalance in demand and supply. Ops. I should say there is balance ...there is agreement on price... lol.


Quoting doblece
Did anyone noticed that there was no real "US session" today as it was a Bank holiday?
  • #6,115
  • Feb 16, 2009 6:34pm Feb 16, 2009 6:34pm
Quoting cashmeer
ascending, descending, engulfing, median bounces??!!

maybe y'all can talk it out and let us know when it's nice and easy...easy like THV...

...
You know all that already, I'm sure you ask for the new folks here around.

but here something about candlesticks. www.candlesticker.com/
  • #6,116
  • Feb 16, 2009 6:47pm Feb 16, 2009 6:47pm
oh my god,
a lot of reading to do.
just come back to thailand after 3 nice weeks in Australia
  • #6,117
  • Feb 16, 2009 6:54pm Feb 16, 2009 6:54pm
Quoting nuancom
oh my god,
a lot of reading to do.
just come back to thailand after 3 nice weeks in Australia
and welcome back - good to see ya!!
Pip what you see; See what you pip!
  • #6,118
  • Feb 16, 2009 7:04pm Feb 16, 2009 7:04pm
thanks SE
im loading v3 now and see how it looks
  • #6,119
  • Feb 16, 2009 7:13pm Feb 16, 2009 7:13pm
Quoting nuancom
oh my god,
a lot of reading to do.
just come back to thailand after 3 nice weeks in Australia
great to have you back in the thread, you will love the V3.

BTW: where did this sudden drop coming from? did I miss any news?
  • #6,120
  • Feb 16, 2009 7:15pm Feb 16, 2009 7:15pm
Quoting cobraforex
BTW: where did this sudden drop coming from? did I miss any news?
Tryin' to figure that one out too - what the hell are the Asians up too anyway? my,my - are they takin' steroids?
Pip what you see; See what you pip!
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