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THV system, final edition

  • #9,641
  • Apr 16, 2009 8:51am Apr 16, 2009 8:51am
Quoting traderathome
I cannot really discern where are your entries and exits....

vertical dark blue lines
  • #9,642
  • Apr 16, 2009 8:54am Apr 16, 2009 8:54am
Thanks T@H

lets see what happens, I did good off that run from 3266. My current short.

McD
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  • #9,643
  • Apr 16, 2009 8:57am Apr 16, 2009 8:57am
I've made my entry/exit points yellow for clarification
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  • #9,644
  • Apr 16, 2009 9:06am Apr 16, 2009 9:06am
EU M1 Chart: This is probably going to have a good down....look how they spiked it up twice to same price once the picture became biased to the short side....
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  • #9,645
  • Apr 16, 2009 9:12am Apr 16, 2009 9:12am
Quoting traderathome
EU M15 Chart: Support transitioning to resistance....? IMHO this area is very slowly transitioning from being support to being resistance. The time it takes is likely slow because the market movers may have a lot of positions that need to be reversed.....and it will take however long it is going to take to sucker others into what will turn out to be the wrong side of the next big move.....
Here is my 4H chart and my analysis.
A break from the smaller traingle might show the way to a major break, and a break from the bigger traingle could be the actual big break. Atleast thats what I think .


Disclaimer:-
This is not a trading advice, merely my own analysis
As always do your own analysis.
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  • #9,646
  • Edited 9:46am Apr 16, 2009 9:36am | Edited 9:46am
EU M5 Chart: Which way will it break? Pennant on a pole....Trix below axis....previous high relative volume (buying, or selling?). Hold on to your hats!

Edit: ...........DOWN!
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  • #9,647
  • Edited 10:04am Apr 16, 2009 9:52am | Edited 10:04am
EU M5 Chart: Based upon max height of pennant being applied to the pennant breakout point, PA should run down to S1 = 1.3165 area.....

Edit: Keeping in mind all this is happening in a PA environment of lower highs and lower lows (H1 chart)......
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  • #9,648
  • Apr 16, 2009 9:58am Apr 16, 2009 9:58am
I got some of that move--sometimes I hate the call of Mother Nature.

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  • #9,649
  • Apr 16, 2009 10:04am Apr 16, 2009 10:04am
Quoting traderathome
EU M5 Chart: Based upon max height of pennant being applied to the pennant breakout point, PA should run down to S1 = 1.3165 area.....

Hi there...

Care to share your template here ?

Looks nice and pretty clean.

Thanks
  • #9,650
  • Edited 10:24am Apr 16, 2009 10:13am | Edited 10:24am
....working out the kinks in a S&R area......

Edit: Ok, looks like the market movers have washed their dirty laundry, and are going to town.....
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  • #9,651
  • Apr 16, 2009 10:39am Apr 16, 2009 10:39am
On your second entry, you had 6 green several bars before, were you waiting for Trix to cross?



Quoting bythepound
Welcome Bladerunner

THV3 Multiple Time Frame (MTF) Rules

Coded by Miss Pips, a big applause to her for all the time and efforts in this project.

Edited by TradeWell, Cobraforex and the THV Team
Regular Trades:

1) Trade when you get 6 green or 6 red lights total out of all Trix histograms.

2) Two of the lights have to be in the first two rows (m1 and m5)


On your second entry, you had 6 green several bars before, were you waiting for Trix to cross?

2a) Trade direction must be away from the Coral – basically, only go...
  • #9,652
  • Apr 16, 2009 10:42am Apr 16, 2009 10:42am
EU M5 Chart: Some of the big boys apparently decided to put on some new shorts before they all go downtown.....
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  • #9,653
  • Apr 16, 2009 10:43am Apr 16, 2009 10:43am
Quoting stifland
On your second entry, you had 6 green several bars before, were you waiting for Trix to cross?
Yes
Without vision, the people will perish.
  • #9,654
  • Apr 16, 2009 10:45am Apr 16, 2009 10:45am
Here is a long entry as I understand it. 1minfast has now gone red. WHAT are rules for reentry? When you get 6 green again is there a certain distance from coral that disqualifies trade or how is this handled? Thanks
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  • #9,655
  • Apr 16, 2009 10:48am Apr 16, 2009 10:48am
Quoting traderathome
EU M5 Chart: Some of the big boys apparently decided to put on some new shorts before they all go downtown.....
And Trix indicator show divergence alert on 5M Chart, my guess is, IF it breaks MS1(1.3194) it will go till DP (1.3222) before it drops like dead stone.

Lets see what happens...

Disclaimer:-
This is all just thoughts and my analysis, trade what you see in your chart.
  • #9,656
  • Apr 16, 2009 10:54am Apr 16, 2009 10:54am
Quoting karun
And Trix indicator show divergence alert on 5M Chart, my guess is, IF it breaks MS1(1.3194) it will go till DP (1.3222) before it drops like dead stone.

Lets see what happens...

Disclaimer:-
This is all just thoughts and my analysis, trade what you see in your chart.
There is little volume on this upwards pump. They are pushing it as cheaply as they can. When it gets too expensive to go further, my guess is they will order up a new batch of shorts and let the PA fall......
  • #9,657
  • Apr 16, 2009 11:00am Apr 16, 2009 11:00am
Quoting traderathome
There is little volume on this upwards pump. They are pushing it as cheaply as they can. When it gets too expensive to go further, my guess is they will order up a new batch of shorts and let the PA fall......
Agreed!, looks like it is struggling to break 1.3194 clearly. Probably all pumping is over...
  • #9,658
  • Edited 11:26am Apr 16, 2009 11:04am | Edited 11:26am
EU M5 Chart: PA ranging between pennant breakout price and the subsequent low. Applying FE to this range, you can see the downside potential. If this starts to run down on volume, the 100% is almost a guarantee. After that, likely targets are the 162% and 262%. A really good run goes to 424% (off the chart).

Edit: On second chart you can see the 424% area (1.3022) aligns with mS4 (1.3025). This is not to say that is where the PA is directly headed, because PA activity this week has been anything but direct. However, all the ups and downs are likely the product of the market movers manipulating to sell off their longs and buy up the shorts, in a downside environment never letting the PA go too low, lest the long buyers become "unsuckerable".......
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  • #9,659
  • Apr 16, 2009 11:06am Apr 16, 2009 11:06am
Quoting stifland
Here is a long entry as I understand it. 1minfast has now gone red. WHAT are rules for reentry? When you get 6 green again is there a certain distance from coral that disqualifies trade or how is this handled? Thanks
It's good to wait until you have the lights and then a fresh cross of the Trix. See green line I drew.

Beaware of continuation runs on the Trix. Sometimes they cross, both are green, and then the fast trix will turn red. then a few minutes later, it will turn green again. If you re-enter when it changes green, you can sometimes get pichned. A great example of this (but going short) is at 11:26 am PST on the 1 minute. All of my lights were red for about 2 minutes, then changed and the trade would have killed me. If I had taken it on the chnage of the trix - both red - but without the fresh cross - well - I would have lost and been stopped out. Your red line is an example of this, but in this case, it happened to work out for you I assume.
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Without vision, the people will perish.
  • #9,660
  • Apr 16, 2009 11:09am Apr 16, 2009 11:09am
Quoting karun
Agreed!, looks like it is struggling to break 1.3194 clearly. Probably all pumping is over...
Guys

1.3200 - coincidence ?

Watch the sweet spots

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