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THV system, final edition

  • #12,681
  • Aug 12, 2009 7:15am Aug 12, 2009 7:15am
Quoting Petar_Serbia
Cobra,

Where i wrong :O,please told me if i am wrong ?

I lost 20 pips
losing is a part of winning....right?

I modified your 1 min chart...the first bearish divergence should have indicated to you that price would bouce back and then the series of bearish divergence, one after another should have been another red flag, finally the break of the PA trend line...would have been a nice short !

I am not sure about the GBP/USD and how it reacts to round numbers like 1.65000 but perhaps that was too strong of resistance...

just my thoughts...
Attached Image
Deprive a man of everything and you give him nothing to lose.
  • #12,682
  • Aug 12, 2009 7:17am Aug 12, 2009 7:17am
Quoting haiderfsd
Hi,
i am using gann grid and looking good in all pairs.

http://www.forexfactory.com/t/171202...trading-1.html

Good Luck
Then go back to where you came from...
Deprive a man of everything and you give him nothing to lose.
  • #12,683
  • Aug 12, 2009 7:26am Aug 12, 2009 7:26am
Quoting haiderfsd
Hi,
i am using gann grid and looking good in all pairs.

http://www.forexfactory.com/t/171202...trading-1.html

Good Luck
I am using large amounts of alcohol and all pairs looking good to me too ....

  • #12,684
  • Aug 12, 2009 7:28am Aug 12, 2009 7:28am
Quoting cashmeer
losing is a part of winning....right?

I modified your 1 min chart...the first bearish divergence should have indicated to you that price would bouce back and then the series of bearish divergence, one after another should have been another red flag, finally the break of the PA trend line...would have been a nice short !

I am not sure about the GBP/USD and how it reacts to round numbers like 1.65000 but perhaps that was too strong of resistance...

just my thoughts...
Yes, losing is a part of winning,you are right !

Cashmeer please post histo indis and tell me how to setup ...


Thanks in advance

Today i took 10 pips
"Buy on fear, sell on greed !!!
  • #12,685
  • Edited 7:59am Aug 12, 2009 7:37am | Edited 7:59am
Quoting cashmeer
losing is a part of winning....right?

I modified your 1 min chart...the first bearish divergence should have indicated to you that price would bouce back and then the series of bearish divergence, one after another should have been another red flag, finally the break of the PA trend line...would have been a nice short !

I am not sure about the GBP/USD and how it reacts to round numbers like 1.65000 but perhaps that was too strong of resistance...

just my thoughts...

Whole numbers can be very strong psych levels for GU, as well as the 4 hour trend line
--- Gone --- RIP 11/27/09
  • #12,686
  • Aug 12, 2009 7:41am Aug 12, 2009 7:41am
Quoting cashmeer
Then go back to where you came from...



I think since the beginning of the week virtually any trading method would work as the market's been trending nicely.


But you're right Cash. Only laughing at the frankness of your statement
--- Gone --- RIP 11/27/09
  • #12,687
  • Aug 12, 2009 8:02am Aug 12, 2009 8:02am
(I bad talking in english)
3 min:
step 1:open 1 m chart
step 2:on 1 m chart:navigator -> scripts -> period_converter with options:
"yes" allow DLL imports
"no" confirm DLL function calls
extperiodmultiplier "3"
step 3:file -> open offline -> 3 m chart
  • #12,688
  • Aug 12, 2009 8:18am Aug 12, 2009 8:18am
I took this trade - just for 5 pips - without spread

why take this trade:
- bullish divergence
- PA bounced of DPV

why not take:
- divergence is hidden (usually less "strong" than regular)
- after good news for USD
- fast and slow 5min trix are red


I risk sometimes........

any thoughts?.....

be good

pipgame
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1.gif Size: 20 KB
  • #12,689
  • Aug 12, 2009 8:34am Aug 12, 2009 8:34am
Quoting pipgame
I took this trade - just for 5 pips - without spread

why take this trade:
- bullish divergence
- PA bounced of DPV

why not take:
- divergence is hidden (usually less "strong" than regular)
- after good news for USD
- fast and slow 5min trix are red


I risk sometimes........

any thoughts?.....

be good

pipgame
For me, your trade is too risky...I dont play buy below Coral line,i play sometimes and then I realized that a snake can be dangerous...

Good luck
"Buy on fear, sell on greed !!!
  • #12,690
  • Aug 12, 2009 8:51am Aug 12, 2009 8:51am
Quoting cashmeer
losing is a part of winning....right?

I modified your 1 min chart...the first bearish divergence should have indicated to you that price would bouce back and then the series of bearish divergence, one after another should have been another red flag, finally the break of the PA trend line...would have been a nice short !

I am not sure about the GBP/USD and how it reacts to round numbers like 1.65000 but perhaps that was too strong of resistance...

just my thoughts...
Just a thought, a trade on a 1m chart should never go against you 20 pips. With this system you almost always know within 1 or two minutes after entry if its a good position or not. Got to learn to kill those ones that don't take off quickly.

I am back to trading this system this week, I only have a 23% win percentage but my average win is 5 times higher than average loss and I'm up on the week. Cutting the losers quick is hard but it's what has been profitable for me when I can use THV3 on 1m chart with good discipline.
  • #12,691
  • Aug 12, 2009 9:07am Aug 12, 2009 9:07am
Quoting Petar_Serbia
For me, your trade is too risky...I dont play buy below Coral line,i play sometimes and then I realized that a snake can be dangerous...

Good luck
yes, you are right....

This was the divergence trade, usually PA and Coral come together - just my thought.......

be good
  • #12,692
  • Aug 12, 2009 9:34am Aug 12, 2009 9:34am
You mentioned that the first step is to download/extract/... a file MQ4/EX4. Unfortunately, i have been searching the web and can not find that file. Can you guide me to find it?

many thanks
  • #12,693
  • Aug 12, 2009 9:39am Aug 12, 2009 9:39am
Quoting fxlol
(I bad talking in english)
3 min:
step 1:open 1 m chart
step 2:on 1 m chart:navigator -> scripts -> period_converter with options:
"yes" allow DLL imports
"no" confirm DLL function calls
extperiodmultiplier "3"
step 3:file -> open offline -> 3 m chart
Thank you very much, I got it.........

have a nice trading day

pipgame
  • #12,694
  • Aug 12, 2009 10:02am Aug 12, 2009 10:02am
Quoting Petar_Serbia
Yes, losing is a part of winning,you are right !

Cashmeer please post histo indis and tell me how to setup ...


Thanks in advance

Today i took 10 pips
Petar:

All of the indis are on the first post of this thread and I think there are instructions there as well...I am not the one to explain how to set it up as I was using a template posted to setup my chart. Once you get the indicators loaded and installed I can PM you or post my template. The only thing you need to do, if you do not mind the TFs in the histo, would be to modify the time settings of the Pivot indicator based on your charts time....
Deprive a man of everything and you give him nothing to lose.
  • #12,695
  • Aug 12, 2009 10:08am Aug 12, 2009 10:08am
Quoting Peter Johans
You mentioned that the first step is to download/extract/... a file MQ4/EX4. Unfortunately, i have been searching the web and can not find that file. Can you guide me to find it?

many thanks
See attached files on the first post of this thread
  • #12,696
  • Aug 12, 2009 10:12am Aug 12, 2009 10:12am
Quoting fxlol
(I bad talking in english)
3 min:
step 1:open 1 m chart
step 2:on 1 m chart:navigator -> scripts -> period_converter with options:
"yes" allow DLL imports
"no" confirm DLL function calls
extperiodmultiplier "3"
step 3:file -> open offline -> 3 m chart
yeah....thank you too fxlol....

question to Misspips...I'f I am using the 3 min chart, I still have the MTF TRIX histo and it has all the labels...does it still work?

Only my MTF Cloud histos have question marks...
Attached Image (click to enlarge)
Click to Enlarge Name: thv mtf 1090.gif Size: 30 KB
Deprive a man of everything and you give him nothing to lose.
  • #12,697
  • Aug 12, 2009 10:21am Aug 12, 2009 10:21am
I remember someone talking about shifting to the E/Y instead of the E/U , for some reason or another...I've always been curious about it thanks to nuancom, scrutch and Cobra...

messed around today and I like it alot!!!!!!!!

Even with my 3pip spread in the am and 2.4 in the afternoon, it moves nicely...

I understand why Scrutch kept on mentioning partial profit taking at 20 pips...

it's a nice pair...

hope y'all had a good trading day...
Deprive a man of everything and you give him nothing to lose.
  • #12,698
  • Aug 12, 2009 12:12pm Aug 12, 2009 12:12pm
Not sure because I've never used anything but the standard
tfs for my charts and I'm not sure how that works.
Also I've never checked it personally.
But I looked at the code and think in theory it should work as long as the 3m chart gets updated.

I think you have to turn autotf to false on the cloud because that
is hardcoded to look for the standard tfs and return an answer.
Like if tf is 1 then it returns 5 and 15. Try turning autotf off
and inputing the tfs you want in shortperiod and long period.



Quoting cashmeer
yeah....thank you too fxlol....

question to Misspips...I'f I am using the 3 min chart, I still have the MTF TRIX histo and it has all the labels...does it still work?

Only my MTF Cloud histos have question marks...
  • #12,699
  • Aug 12, 2009 12:28pm Aug 12, 2009 12:28pm
ROFL!

Quoting macman
I am using large amounts of alcohol and all pairs looking good to me too ....

  • #12,700
  • Aug 12, 2009 2:09pm Aug 12, 2009 2:09pm
I've been watching the GBPUSD and it seems like a good M1 scalping deal.
Trade direction based on M5 coral. If PA is above M5 coral only long and below only short. Then enter as soon as the fast trix on M1 changes color in your direction. TP 7-10 pips.
Check it out & tell me what you think.

Also, should Visual_BT_Pivots be set to level 2=past for obtaining the current weeks pivots?
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