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THV system, final edition

  • #9,201
  • Apr 6, 2009 1:11pm Apr 6, 2009 1:11pm
Sure, it was a POTENTIAL negative divergence on Trix, but nothing is confirmed, Windlevel. You have drawn your up sloping fork correctly. If you incorporate Andrew's Lines on your chart; then I strongly suggest you shouldn't trade it against a fork that is still in force. As I mentioned on several occasions, including on my counter trend trades, it can be deadly. Take care.

Have a good one
Jeff


Quoting windelevel
Hello Friends,

I was forming a strong divergence in the chart ... Will we have a good sale soon?

Attachment
~*~You are only one trade away from humility~*~
  • #9,202
  • Apr 6, 2009 1:11pm Apr 6, 2009 1:11pm
Quoting MissPips
Like I said, these rules were ceveloped for the EURUSD. I view the EURUSD like a big tanker that is hard to turn around once...

OK I do have one more question . Can we turn off the pop-up alerts> since I don't know what they mean. Thanks
  • #9,203
  • Apr 6, 2009 1:12pm Apr 6, 2009 1:12pm
Quoting windelevel
Hello Friends,

I was forming a strong divergence in the chart ... Will we have a good sale soon?

Attachment
See that too. But my trade is based on 15M Trix. So i will wait a bit longer to make this sure another down move. The only note is we are nearly at the end of the session. I'm not hoping much it will make new lower low. But yeah, who'll knows ?
Manage your risk accordingly and you're half done your home work.
  • #9,204
  • Apr 6, 2009 1:22pm Apr 6, 2009 1:22pm
Quoting stifland
OK I do have one more question . Can we turn off the pop-up alerts> since I don't know what they mean. Thanks
Go into your indicators, find "EnableAlerts", and set them to false instead of true. This turns off the alerts.
Without vision, the people will perish.
  • #9,205
  • Apr 6, 2009 1:23pm Apr 6, 2009 1:23pm
Thanks for the tips ... I will keep an eye on the graph and see how it behaves

Have a great week
I am Brazilian and I never give up!
  • #9,206
  • Apr 6, 2009 1:30pm Apr 6, 2009 1:30pm
Gartley resolved for longs just now.


Quoting windelevel
Thanks for the tips ... I will keep an eye on the graph and see how it behaves

Have a great week
Attached Image (click to enlarge)
Click to Enlarge Name: EUR THV 04062009 (iii).jpg Size: 181 KB
~*~You are only one trade away from humility~*~
  • #9,207
  • Apr 6, 2009 1:51pm Apr 6, 2009 1:51pm
Quoting jharteam
Gartley resolved for longs just now.

hum... his analysis is very interesting ...

Apparently the graphics will respect the bifurcation of andrews

Attached Image (click to enlarge)
Click to Enlarge Name: andrews.jpg Size: 127 KB
I am Brazilian and I never give up!
  • #9,208
  • Apr 6, 2009 1:54pm Apr 6, 2009 1:54pm
Another quich question. Between the 2 lines shown, we had 5 lights. Rules state to take the trade as PA crosses Coral--If we get 6th light somewhat away from Coral, OK to enter or wait on PullbCK or is idea to have 6 lines on before the cross. Having 5 lights saved a bad Short. And yes, I realize we are in bad trading time, just practicing
Attached Image (click to enlarge)
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  • #9,209
  • Apr 6, 2009 1:58pm Apr 6, 2009 1:58pm

Now this form a channel of Andrews down ...
I'm getting totally confused ... haha

Attached Image (click to enlarge)
Click to Enlarge Name: andrews2.jpg Size: 113 KB

I am Brazilian and I never give up!
  • #9,210
  • Apr 6, 2009 2:15pm Apr 6, 2009 2:15pm
Quoting stifland
Another quich question. Between the 2 lines shown, we had 5 lights. Rules state to take the trade as PA crosses Coral--If we get 6th light somewhat away from Coral, OK to enter or wait on PullbCK or is idea to have 6 lines on before the cross. Having 5 lights saved a bad Short. And yes, I realize we are in bad trading time, just practicing
I like to have 6 lights, all in the first 6 rows. I see the trades work our better.
Without vision, the people will perish.
  • #9,211
  • Apr 6, 2009 2:26pm Apr 6, 2009 2:26pm
Quoting kaizasoze


Thanks mate..Its quite simple when I look back at it.....

I survived on energy drinks to get past this weekend and I was determind
to make a trade on monday...not to be!
Kaz
Kaz,
Hang in there mate, you will get there, but only when you are at peace with the market. You have glimpsed it already
"Its quite simple when I look back at it...."
- soon it will be as simple looking forward.

As to "I was determind to make a trade on monday...."
Determination is good in many areas but maybe not so handy in trading. The market will decide when you are ready to trade. It lets you know by taking away your money when it decides you are not ready to trade. You can not rush the market and you can never 'beat' the market.

Take a day off mate - relax, let the info from this thread wash around the grey matter for a while and it will all come together... it is a path many of us have been down.

Best of luck and just ask any of the guys here if you need help
  • #9,212
  • Apr 6, 2009 2:36pm Apr 6, 2009 2:36pm
The down sloping fork is a counter fork of an intraday up trend , Windlevel. It's ok, don't get bogged down by all these; at this point, you are confused simply because you have yet see the whole picture of this market. Like, I have all my 240-min, 60-min ...etc...imprint on my mind and remembered the postures of each of them....this will come to you in due course.


Quoting windelevel

Now this form a channel of Andrews down ...
I'm getting totally confused ... haha

Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: EUR THV 04062009 (iv).jpg Size: 209 KB
~*~You are only one trade away from humility~*~
  • #9,213
  • Apr 6, 2009 2:48pm Apr 6, 2009 2:48pm
Quoting cobraforex
The actual situation on E/U

The cup and handle on the daily chart is trying to work out, I mentioned that before.

I took 50% profit on Friday close and have 50% remaining, locked in profit.

Points to watch out for further longs would be break of 1.3515 and 1.3600 (D1 TL) , to the bearside 38.8 and 50% Fib.
The PA has been very educated since weekly open, the key level which I mentioned in the previous post, the touch of the daily charts TL was realized 20 pips less than I thought as it took one more candle to get there (TP of remaining 50%) and a correction to the downside was on the plan.

There is still space left for a test of the lower pitchfork but the volume is very poor in the last hours.
Attached Image (click to enlarge)
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  • #9,214
  • Apr 6, 2009 3:02pm Apr 6, 2009 3:02pm
Right. I have a confession to make: Shooting for only 10 pips in the rules has to do with my own weaknesses as a trader in that I don't like to manage trades. I suppose a better trader would manage the first entry according to the rules, and add to the position each time a new set of 6 green lights comes on.

Quoting Scrutch
The only market that I'm following at the moment is the EJ...and it works very well for me. An insane amount of pips last night and this am were offered on EJ. I look at several charts to see what the herd is doing but make *almost* all of my entries off the M1 THV3 with the histo squares. I've tried the six histo *lights* (with two being M1 and M5 fast) and it worked well for me but I manage the trade on the exit and see where it goes. Give it a decent try and let us know how you get along with it. Gotta run.
  • #9,215
  • Apr 6, 2009 3:17pm Apr 6, 2009 3:17pm
still waiting for this
http://www.forexfactory.com/showpost...postcount=9161
  • #9,216
  • Apr 6, 2009 3:37pm Apr 6, 2009 3:37pm
Quoting pattinatore
still waiting for this
http://www.forexfactory.com/showpost...postcount=9161
Try this:
Copy the attached indicator in your expert/indicators folder, close and open again your MT4.

let me know what happens later.

If no change try the second one
Attached File(s)
File Type: mq4 FerruFx_Multi_info THV.mq4   87 KB | 1,069 downloads
File Type: mq4 THV FerruFx_Multi_info .mq4   86 KB | 1,119 downloads
  • #9,217
  • Apr 6, 2009 4:35pm Apr 6, 2009 4:35pm
Quoting cobraforex
Try this:
Copy the attached indicator in your expert/indicators folder, close and open again your MT4.

let me know what happens later.

If no change try the second one
ever the best cobra! ferru fx works great
have u made nice pips today?
i took only a trade today cous i had an exam at university..
80 pips
from trix divergence..sell at 3530 stop at the top of the trand. tp with 5' levels
i usually trade only 5' chart but sometimes when i can't stay infront of the Mac i like see hourly charts
good night!
Attached Image
  • #9,218
  • Apr 6, 2009 5:54pm Apr 6, 2009 5:54pm
Quoting MissPips
Right. I have a confession to make: Shooting for only 10 pips in the rules has to do with my own weaknesses as a trader in that I don't like to manage trades. I suppose a better trader would manage the first entry according to the rules, and add to the position each time a new set of 6 green lights comes on.
Pip Princess...(think this one is going to stick with you

There is nothing wrong with taking a 10p profit...I just don't trade that way.
It's not a question of a better trader, it's a question of what style keeps the trader in their comfort zone.

Looking at the EJ for today there were a lot of these that showed up. If a trader had made use of a trendline to confirm the breakout of the chop zones and the trend breakout they could have made well over a 100p's, taking 10p's profit on each trade.
Each trader has to decide what style they are best suited for and how many trades or how much time to trade each day.
Listen to the whispers.... You may learn something
  • #9,219
  • Apr 6, 2009 8:37pm Apr 6, 2009 8:37pm
Quoting MissPips
Right. I have a confession to make: Shooting for only 10 pips in the rules has to do with my own weaknesses as a trader in that I don't like to manage trades. I suppose a better trader would manage the first entry according to the rules, and add to the position each time a new set of 6 green lights comes on.
There is nothing wrong 10 pip tp trades, my most profitable month ever was based on that, I have limited time to trade at present but over the last week I have been able to catch 2 trades daily @10 pips with this system.
Thanks to the THV team
  • #9,220
  • Apr 6, 2009 9:01pm Apr 6, 2009 9:01pm
Quoting poki
There is nothing wrong 10 pip tp trades, my most profitable month ever was based on that, I have limited time to trade at present but over the last week I have been able to catch 2 trades daily @10 pips with this system.
Thanks to the THV team
My daily target is 40 pips, with four A1 trades of 10 pips I can close the session and go to

Nothing wrong with that and you keep your SL and with that drawdown (in case you have) pretty low.
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