THV system, final edition | Page 374 | 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

  • #7,461
  • Mar 5, 2009 9:00am Mar 5, 2009 9:00am
Spreads from my br0ker are hovering around 10 for a while now. Not making sense because the market hasn't been moving so erratically or volatile. It's keeping me out.

Add: Rumor has it the EBS system is down.
  • #7,462
  • Mar 5, 2009 9:03am Mar 5, 2009 9:03am
Gang, take a gander at the just closed H1 candle......!

We may have some strong upside coming.....
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot #64.gif Size: 36 KB
  • #7,463
  • Edited 9:20am Mar 5, 2009 9:09am | Edited 9:20am
Quoting TradeWell
Spreads from my br0ker are hovering around 10 for a while now. Not making sense because the market hasn't been moving so erratically or volatile. It's keeping me out.

Add: Rumor has it the EBS system is down.
Thought I'm the only one who have that spread problem. My MBT spread for EUR was 4. Normally it is 0-1.5. Down on EBS? Hmm... Interesting.

Add:
I guess EBS down is right. Found it on mr google:

http://uk.reuters.com/article/hotSto...31127920090305
Manage your risk accordingly and you're half done your home work.
  • #7,464
  • Mar 5, 2009 9:20am Mar 5, 2009 9:20am
wOUUUU....
FXCM spread is going mad...4 pisp for EURUSD and 17 pips for the beast (GBPJPY)
Time to stay out.....
  • #7,465
  • Mar 5, 2009 9:21am Mar 5, 2009 9:21am
Posted by Emda on the EURUSD thread:

09:35 03/05 Industry news: Traders say FX electronic platform problems remain
ongoing and are global in nature, the system apparently still going "up
and down," according to one. Problem of order execution on the platform
is first major issue by traders say too that, thanks to STP, straight
through processing, dealer positions that are usually calculated
electronically, are now having to be done the old fashioned way, by pen
and paper. With high speed/volume trading these days, things have slowed
to a crawl and customers have been turned away due to lack of liquidity.
That business may not come back today ahead of Friday's US payrolls
report, a trader says.
  • #7,466
  • Mar 5, 2009 9:30am Mar 5, 2009 9:30am
Quoting leņador
wOUUUU....
FXCM spread is going mad...4 pisp for EURUSD and 17 pips for the beast (GBPJPY)
Time to stay out.....
On my platform, beast's spread is 13 but ++. LOL

Attached Image
Manage your risk accordingly and you're half done your home work.
  • #7,467
  • Mar 5, 2009 9:33am Mar 5, 2009 9:33am
As above - think I'll set this one out for a while.

A lot of hammers out there but how can you properly judge risk with the PA?

T...
  • #7,468
  • Mar 5, 2009 9:38am Mar 5, 2009 9:38am
Spreads have normalized in the last 10 minutes.
  • #7,469
  • Mar 5, 2009 9:50am Mar 5, 2009 9:50am
Good To have FIXed Spread
Attached Image
  • #7,470
  • Mar 5, 2009 9:51am Mar 5, 2009 9:51am
Quoting TradeWell
Spreads have normalized in the last 10 minutes.
Thatīs right....
I managed to get 50 pips out of the beast in less than 1 minute.... Men...that was crazy...will never do it again....it can ruin your tradding day to tease the beast....
  • #7,471
  • Edited 10:15am Mar 5, 2009 9:56am | Edited 10:15am
Quoting traderathome
Oh goody! Cobra is finally gonna confirm all my suspicions about conspiracies and price manipulation.......!
Haha, the contrary is the case.
Sorry for the delay, hope you didn’t dive in the coffee too deep, there was a French guy in the restaurant and we had a small talk, sorry.

I was riding since the Asian session the short waves in 1M in the range of MR1 and DP and had a pending sell order direct under DP since having the Merlot with Mrs. Cobra.
TP fast on +20 pips and re-entered on retest of the DP and TP again at MS1.
Only loser was the false break of MS1, lost 12 pips.

But now the strange,
After false break of MS1 everything looked like there will be a trend change with the north bus, After a 30 pips bull move a bull flag on 5M (yeah, I’m looking at those, lol) but I saw all this sitting on my hands because Important US news where on the plan but my feeling said that this will go up, ECB cut rates but was like forecasted and for investors 1.5% is still much better than 0.0% in USD.
Now the strange thing is that the market reacted since long time some kind of logical, good US news č dollar strength, haha, just kidding.

What happened and didn’t let me take a long position based on my feeling is a double arrow on Trix divergence on 5M.
I haven’t seen that before and when you open a chart now it will appear only once.

The 1M resistance was more 1.2553 than MS1 which was broken several times and I didn’t care about it anymore so I set a pending sell order at 1.2547 with tight SL above 53.
S1 got broken easily and I TP like chicken at first touch of MS2.

you notice that in the moment of my entry all clouds (1,5,15M) hve been above the PA.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: doublediv.gif Size: 44 KB
Click to Enlarge Name: doublediv2.gif Size: 50 KB
  • #7,472
  • Mar 5, 2009 10:08am Mar 5, 2009 10:08am
Quoting cobraforex
Haha, the contrary is the case.
Sorry for the delay, hope you didn’t dive in the coffee too deep, there was a French guy in the restaurant and we had a small talk, sorry.

I was riding since the Asian session the short waves in 1M in the range of MR1 and DP and had a pending sell order direct under DP since having the Merlot with Mrs. Cobra.
TP fast on +20 pips and re-entered on retest of the DP and TP again at MS1.
[font=Arial]Only loser was the false break of...
Hey, the popcorn is all prepared, and.....and.....and And you come out and say THERE IS NO TALK OF CONSPIRACY AND MANIPULATION! Geez!
  • #7,473
  • Mar 5, 2009 10:18am Mar 5, 2009 10:18am
Quoting traderathome
Hey, the popcorn is all prepared, and.....and.....and And you come out and say THERE IS NO TALK OF CONSPIRACY AND MANIPULATION! Geez!
nope, no popcorn

But if you like you can talk about it and we have the popcorn together
  • #7,474
  • Mar 5, 2009 10:24am Mar 5, 2009 10:24am
Quoting leņador
Thatīs right....
I managed to get 50 pips out of the beast in less than 1 minute.... Men...that was crazy...will never do it again....it can ruin your tradding day to tease the beast....
The BEAST, the G/Y?

you need to have iron balls and a lot of bit sticks to trade that thingy.
  • #7,475
  • Mar 5, 2009 10:45am Mar 5, 2009 10:45am
Quoting cobraforex
The BEAST, the G/Y?

you need to have iron balls and a lot of bit sticks to trade that thingy.
He didn't get punished so how will he resist a second time?
  • #7,476
  • Mar 5, 2009 10:47am Mar 5, 2009 10:47am
Greetings Everyone....

Here was a quick scalp...

Considerations:

1.) The 5 min and 15 min saw a signifigant drop and the PA looked exhausted...(it is hard to explain that....) it seemed to be stalling
2.) Divergence in the 1 min and THV setup for the retest of MS1

Exit at Bearish Divergence which coincided with the touch of MS1...

Good for 15 pips...
Attached Image (click to enlarge)
Click to Enlarge Name: thv 3 106.gif Size: 36 KB
Deprive a man of everything and you give him nothing to lose.
  • #7,477
  • Mar 5, 2009 11:05am Mar 5, 2009 11:05am
Quoting TradeWell
He didn't get punished so how will he resist a second time?
I'd like to see Scrutch trading the beast, he will need a 12 pack of willow sticks for each trade
  • #7,478
  • Mar 5, 2009 11:08am Mar 5, 2009 11:08am
Quoting cobraforex
I'd like to see Scrutch trading the beast, he will need a 12 pack of willow sticks for each trade
I've never tried it because I believe the veterans on that. I don't even want to try demo because I am afraid of the heroin-like addiction I've heard of.
  • #7,479
  • Edited 11:24am Mar 5, 2009 11:09am | Edited 11:24am
Quoting cashmeer
Greetings Everyone....

Here was a quick scalp...

Good for 15 pips...
Nice trade cash

The 4H E/U shows a pin bar, looks pretty bullish actually.

15M a possible shampoo

A break of the long TL would let me think of taking a last trade for this week if there is still volume
Attached Image (click to enlarge)
Click to Enlarge Name: sham15m.gif Size: 31 KB
  • #7,480
  • Mar 5, 2009 11:17am Mar 5, 2009 11:17am
Quote
FXCM spread is going mad...4 pips for EURUSD and 17 pips for the beast (GBPJPY)

it went up to about 19 pips gj.. $jpy 10-14+ pips
14 traders viewing now