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THV system, final edition

  • #11,261
  • Jun 8, 2009 6:05am Jun 8, 2009 6:05am
Hi dear cobras,

i'm a newbie on this forum, was following the thread during some months, and learning how to trade THV. Still haven't finish to read all the thread, it is a lot of information accumulated here during this thread exists.

can i post here some of my trades i did and maybe you could comment it?

i trade THV 3 without any additional indies.
Searching for inside balance.
  • #11,262
  • Jun 8, 2009 6:27am Jun 8, 2009 6:27am
Quoting Popee83
Hey Tracom,

Good day. The point #3 gives us a more probable entry point. As you will notice, some times the m-candle shadow will repaint. I understand that this will be confusing for many guys in this business.

To help you out. The coral is always around the PA and will give you optimal entries. Ps refer to the pictures of todays action. I use FXDD for my charting and place my orders with MBT navigator.

I'll posibly confuse you guys more or help you by introducing another filter. Sorry CobraFx, am not in a position of starting a thread.So...

Thanks for posting, I will try to get the hang of this.
  • #11,263
  • Jun 8, 2009 6:36am Jun 8, 2009 6:36am
Quoting Flamenkito
Hi dear cobras,

i'm a newbie on this forum, was following the thread during some months, and learning how to trade THV. Still haven't finish to read all the thread, it is a lot of information accumulated here during this thread exists.

can i post here some of my trades i did and maybe you could comment it?

i trade THV 3 without any additional indies.
please do post your trades Flamenkito...
Deprive a man of everything and you give him nothing to lose.
  • #11,264
  • Edited 6:44am Jun 8, 2009 6:41am | Edited 6:44am
Break of 5 min T/L straight to the Coral....

Considerations:

1.) Break of 5 min and 1 min T/L
2.) 6+ MTF Lights...
3.) Potential Retest of S2

In at 1.3836 out at 1.3856
Attached Image(s) (click to enlarge)
Click to Enlarge Name: thv mtf 1020.jpg Size: 180 KB
Click to Enlarge Name: thv mtf 1021.gif Size: 31 KB
Deprive a man of everything and you give him nothing to lose.
  • #11,265
  • Jun 8, 2009 6:48am Jun 8, 2009 6:48am
Nice trade B. I was trading on this one as well. Saw it coming and this 1-min Andrew's Lines gotten me in. 1.3836 .... not a bad entry at all...Take care.


Have a good one
Jeff



Quoting cashmeer
Break of 5 min T/L straight to the Coral....

Considerations:

1.) Break of 5 min and 1 min T/L
2.) 6+ MTF Lights...
3.) Potential Retest of S2

In at 1.3836 out at 1.3856
Attached Image (click to enlarge)
Click to Enlarge Name: Eur THV 06082009(i).gif Size: 46 KB
~*~You are only one trade away from humility~*~
  • #11,266
  • Edited 7:12am Jun 8, 2009 7:00am | Edited 7:12am
Longed again at 1.3843 when Up Sloping Lower Median Line was tested.

Edit: Squared at 1.3869, this Andrew's Lines just kicked a.. on price actions.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Eur THV 06082009(ii).gif Size: 44 KB
Click to Enlarge Name: Eur THV 06082009(iii).gif Size: 44 KB
~*~You are only one trade away from humility~*~
  • #11,267
  • Jun 8, 2009 7:20am Jun 8, 2009 7:20am
Quoting jharteam
Longed again at 1.3843 when Up Sloping Lower Median Line was tested.

Edit: Squared at 1.3869, this Andrew's Lines just kicked a.. on price actions.
Magnifique!

I stepped away to grab something to eat....

Your Andrews Lines are giving great exit signals as well as entries...

I got out of the first trade based on the 5 min Coral...
Deprive a man of everything and you give him nothing to lose.
  • #11,268
  • Edited 7:25am Jun 8, 2009 7:23am | Edited 7:25am
hi dear cobras,

please correct me, i'm trying my best to get the system...
it was a eurjpy trade today, i made an error with my target

on M5 -
1. PA broke and retested Pivot, and then after
2. PA broke and retested coral
3. PA crossed the cloud
4. fast trix crossed slow trix and both was red
5. both cloud histo and trix histo was completely red

entered on M1 -
PA broke both the cloud and coral
at 137.48, with target in sight - 137.18 (MS1 - Fibonacci pivot) could be a +30 pip

PA touched 137.18 but my trade did not close... didn't get it, why?

so after that i moved my SL on 137.47, hoping that this move against my trade is just a retracement and will continue,
but finally got +1 pip

should i make my targets few pips less?
for example 137.18 - 3 (spread) = 137.15?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4_eurjpy_m5.gif Size: 34 KB
Click to Enlarge Name: 4_eurjpy_m1.gif Size: 27 KB
Click to Enlarge Name: 4_eurjpy_m1_2.gif Size: 27 KB
Searching for inside balance.
  • #11,269
  • Jun 8, 2009 7:47am Jun 8, 2009 7:47am
On M5 -
1. PA retested and broke MS1
2. PA bounced off coral
3. both trix was red
4. both trix and cloud histos was red
5. PA was below the cloud

On M1 -
1. PA retested and broke MS1
2. both trix was red
3. trend indie red
4. below cloud, below coral

took the trade at 137.09 (the second vertical red line),
with target at 136.62 (S1) + 2 pips just in case = 136.64,

got +45 pips


P.S. the first vertical red line i thought it was retracement after previous move, so i took that trade as well with target T1 138.2 at 137.03 on fibo, it was +36 pips, i took it when both trix was red, fast crossed slow
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6_eurjpy_m5_open.gif Size: 34 KB
Click to Enlarge Name: 6_eurjpy_m1_open.gif Size: 26 KB
Click to Enlarge Name: 5_eurjpy_m1_fibo_target.gif Size: 29 KB
Click to Enlarge Name: 6_eurjpy_m1_close.gif Size: 29 KB
Searching for inside balance.
  • #11,270
  • Edited 8:04am Jun 8, 2009 8:02am | Edited 8:04am
sorry for posting too much...

that one i thought it was retracement,
so took that trade when PA bounced off 38.2 fibo,
at 136.48 with target at Т1 - 138.2 fibo - 136.06,
so finally i got + 42 pips

please, correct me if i wrong or mix something.
just desperate to learn, it is so much information around...i'm kind of lost.

thanks a lot

P.S. for me trading is finished for today, as i have done my norm, even double only with one pair, thanx to cobra
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 7_eurjpy_m5_open.gif Size: 37 KB
Click to Enlarge Name: 7_eurjpy_m1_open.gif Size: 27 KB
Click to Enlarge Name: 7_eurjpy_m5_fibo_target.gif Size: 36 KB
Click to Enlarge Name: 7_eurjpy_m5_close.gif Size: 36 KB
Searching for inside balance.
  • #11,271
  • Jun 8, 2009 8:08am Jun 8, 2009 8:08am
Quoting Popee83
I have winRAR hence my compressed files didn't upload. But search the indicators from this site and mql4 codebase:

Ok I think, I got it right this time .... So, here they are .....all zipped. i guess .....

Hey POP can you turn on your PM ?
  • #11,272
  • Jun 8, 2009 8:42am Jun 8, 2009 8:42am
Flamenkito

Promise your charts will be looked at. There are a lot of them...

I just went on a roller coaster ride of a trade...One of those trades where I knew shortly after entering that it was the wrong position and reversed the position with a few pips loss but a 17 pip gain, thankfully....

This bear move is where I thought it was going before the last two bull runs up....
Deprive a man of everything and you give him nothing to lose.
  • #11,273
  • Jun 8, 2009 8:59am Jun 8, 2009 8:59am
Quoting Flamenkito
hi dear cobras,

please correct me, i'm trying my best to get the system...
it was a eurjpy trade today, i made an error with my target

on M5 -
1. PA broke and retested Pivot, and then after
2. PA broke and retested coral
3. PA crossed the cloud
4. fast trix crossed slow trix and both was red
5. both cloud histo and trix histo was completely red

entered on M1 -
PA broke both the cloud and coral
at 137.48, with target in sight - 137.18 (MS1 - Fibonacci pivot) could be a +30 pip

PA touched 137.18 but my trade did not close... didn't...


My take would be that you should not rely on a TP on the 1 min, at the very least after 10-20 pips you could have put a trailing s/l...

It might not have taken you out due to 1/2 pip...that's unfortunate...

I could not really tell your entry, please include vertical lines to indicate the entry but your reasoning for entering sounds good
Deprive a man of everything and you give him nothing to lose.
  • #11,274
  • Jun 8, 2009 9:03am Jun 8, 2009 9:03am
Quoting Flamenkito
On M5 -
1. PA retested and broke MS1
2. PA bounced off coral
3. both trix was red
4. both trix and cloud histos was red
5. PA was below the cloud

On M1 -
1. PA retested and broke MS1
2. both trix was red
3. trend indie red
4. below cloud, below coral

took the trade at 137.09 (the second vertical red line),
with target at 136.62 (S1) + 2 pips just in case = 136.64,

got +45 pips


P.S. the first vertical red line i thought it was retracement after previous move, so i took that trade as well with target T1 138.2 at 137.03...
I don't know what you want me to say....
Deprive a man of everything and you give him nothing to lose.
  • #11,275
  • Jun 8, 2009 9:05am Jun 8, 2009 9:05am
Quoting Flamenkito
sorry for posting too much...

that one i thought it was retracement,
so took that trade when PA bounced off 38.2 fibo,
at 136.48 with target at Т1 - 138.2 fibo - 136.06,
so finally i got + 42 pips

please, correct me if i wrong or mix something.
just desperate to learn, it is so much information around...i'm kind of lost.

thanks a lot

P.S. for me trading is finished for today, as i have done my norm, even double only with one pair, thanx to cobra

well done again....the first chart clealy shows the likelihood of bearish divergence so that should have been a major factor as well...
Deprive a man of everything and you give him nothing to lose.
  • #11,276
  • Jun 8, 2009 10:30am Jun 8, 2009 10:30am
Quoting cashmeer
well done again....the first chart clealy shows the likelihood of bearish divergence so that should have been a major factor as well...
thank you for the reply,

you are master of divergence, obviously i have read dosens of your posts on that topic all over the forum!

i haven't spotted divergence - shame on me, only saw the PA was acting different from the trix - trix was kind of running upwards, and PA was showing less action - like staying at the same place...

i was trading THV since i am on FF (few months), but only about last 2 weeks started to get more winning trades than to lose. Last 4 days - only winners, or at least 0 or +1 minimum!!! so i decided to post some, and hear maybe some critics.

thanks once more

p.s. i feel like i want to tell everybody about cobra, no doubts it is great system, and absolutely incredible for filtering flat conditions... ole!

http://http://www.forexfactory.com/a...1&d=1244475072
Attached Image
Searching for inside balance.
  • #11,277
  • Jun 8, 2009 10:32am Jun 8, 2009 10:32am
Quoting Popee83
I have winRAR hence my compressed files didn't upload. But search the indicators from this site and mql4 codebase:

Ok I think, I got it right this time .... So, here they are .....all zipped. i guess .....

hii..
should i get in the trade as soon the dots comes?
can u make an alert to the SHI_silvertrendsig indicator?

can i take the trade without the dots?
  • #11,278
  • Jun 8, 2009 10:51am Jun 8, 2009 10:51am
Quoting shortybugi
hii..
should i get in the trade as soon the dots comes?
can u make an alert to the SHI_silvertrendsig indicator?

can i take the trade without the dots?
shorty, give it a rest. Ask Poopee in a PM about those questions...
Deprive a man of everything and you give him nothing to lose.
  • #11,279
  • Jun 8, 2009 10:57am Jun 8, 2009 10:57am
Here are my last two trades...

1st Trade

1.) Based on Break and Retest of S2, to a pip
2.) Bounce off of PA T/L
3.) Bouce off TRIX T/L
4.) 6 + MTF lights
Good for about 20pips

2nd Trade
1.) Bouce off of PA T/L
2.) Break of PA Horizontal T/L
3.) Cross of TRIX
4.) Breakthrough of TRIX T/L
5.) Bullish Divergence in Blue
Stopped Exactly at MS2
Good for 10 pips...
Attached Image (click to enlarge)
Click to Enlarge Name: thv mtf 1022.jpg Size: 205 KB
Deprive a man of everything and you give him nothing to lose.
  • #11,280
  • Jun 8, 2009 11:19am Jun 8, 2009 11:19am
Accept my apologies for interfering with the thread. If I could have the commitment to start and maintain a thread I could but the time is what I dont get. I work as a stock broker with a local investment bank in Nairobi, Kenya. Been doing this for 9 yrs now and fx for 7 yrs.

Why don't you shortyburgi start a thread and i'll be chipping in once in a while to advise and help you guys avoid pitfalls for the next days trades, advise on noise filtering indicators and possibly once in a while post my trading range for the next day's trade. I play gbp/usd and euro/usd. As of now, the trend will be up for this two till the next fomc meeting. consolidation is over boys ..the bulls are coming in now big time ..

I will not activate my PM for obvious reasons - i cant start what i cannot finish ..

And yes Sburgi, scalp THV when the shi-indi changes color. Remember to always scalp the trend only as advised by cobra. All the other indicators just serve in noise filtering ....


If you are up to the task Sburgi... i'll appreciate it. I will even chip in advanced stuff like Gann and Elliot wave counts for you guys whenever i can .. but most important, Ill advise with regards to trends, major S&R points and PA consolidations for larger time frames.
"I am convinced that He (God) does not play dice." - Albert Einstein
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