THV system, final edition | Page 734 | Forex Factory

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THV system, final edition

  • #14,661
  • Oct 14, 2009 11:31pm Oct 14, 2009 11:31pm
Quoting bcarbon
All my trades today have been great. I didn't loose any precious pips. I hope tomorrow would be the same. I am sticking to the rules so far.
I have been lurking for quite long time. I started with the original template. I upgrade two more times. I have been on an off, and today, finally I can say it was a day I can be proud of. I had a total of 11 trades all positive for a total of 380 pips. It sounds too good to be true? In a way yes, it is a pratice account. However experience is worthless.
Hi bcarbon, congratz on your results. 380 pips is awesome! Esp in a session where many couldn't place a finger on which way to trade.

Would you share more of your trades for the session? Full THV rules followed or some deviation along the way?

I entered around 8 trades in the choppy session with -20 pips. Lost in the woods.
  • #14,662
  • Oct 15, 2009 12:23am Oct 15, 2009 12:23am
Hello ..
What Time Frame I use these indicators?

Thanks

Quoting traderathome
Attached are the two TzPivot Indicators.

TzPivotsMW_v2 has the errant pivots fixed....
I am Brazilian and I never give up!
  • #14,663
  • Oct 15, 2009 1:12am Oct 15, 2009 1:12am
A stock/options trader friend of mine pointed out to me today that I must be reading my divergence wrong because it's supposed to be a rare signal. THV system draws divergence all over the place but he said if there is any humps in the oscillator in between two points of potential divergence then that divergence should be invalid. I wish I had time to post a screenshot but if anyone knows what I'm trying to say feel free to comment on how we are plotting divergence.
  • #14,664
  • Oct 15, 2009 1:17am Oct 15, 2009 1:17am
Quoting windelevel
Hello ..
What Time Frame I use these indicators?

Thanks
With these indys in your chart template, they then work on all chart time frames you select for that chart.
  • #14,665
  • Oct 15, 2009 1:34am Oct 15, 2009 1:34am
A double top or double bottom with divergance, at this time in the morning B4 uk open is always a safe bet.. + 20 at the min hoping it will run to lower trend line.
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  • #14,666
  • Edited 3:13am Oct 15, 2009 1:41am | Edited 3:13am
EU M5: Divergence on Trix with increasing relative volume at top and on downward move. Selling time! What with the pumps over many days, I keep expecting the "final" high. No telling if this was it. LO and USO can always pump to regain highs before any grand selloff on their part. Regardless of whether or not the "highs are in", the higher PA moves, the stronger the downside moves may become, as traders become less certain of more highs.
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  • #14,667
  • Edited 4:58am Oct 15, 2009 4:33am | Edited 4:58am
Off to bed now ... only got one trade in ... +78 pips on GU (did on demo account as I only trade EU on real)

EDIT: Been a long day for me in the Asian session waiting for a short ... I just managed one finally on EU ... did a quickie of +6 pips short on EU down to the DP ... now I can sleep happily (in my demo though )

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  • #14,668
  • Oct 15, 2009 4:45am Oct 15, 2009 4:45am
Another double top with divergance showing, SL @ BE, Target R4..
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  • #14,669
  • Oct 15, 2009 4:54am Oct 15, 2009 4:54am
Nice. Even thought this worked out for you I 'd wait until a close below the coral on M1 before entering. Would that be correct for strictly THV?

Quoting rebelheart
Another double top with divergance showing, SL @ BE, Target R4..
  • #14,670
  • Oct 15, 2009 4:55am Oct 15, 2009 4:55am
Quoting traderathome
EU M5: Divergence on Trix with increasing relative volume at top and on downward move. Selling time! What with the pumps over many days, I keep expecting the "final" high. No telling if this was it. LO and USO can always pump to regain highs before any grand selloff on their part. Regardless of whether or not the "highs are in", the higher PA moves, the stronger the downside moves may become, as traders become less certain of more highs.

Out, and gone for some rest.
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  • #14,671
  • Oct 15, 2009 6:33am Oct 15, 2009 6:33am
Real good day so far for E/U with THV, that last one traderathome posted was textbook!
  • #14,672
  • Oct 15, 2009 6:52am Oct 15, 2009 6:52am
Quoting traderathome
Out, and gone for some rest.
The volume enhance indicator you posted does not show the percentage value and it can not be opened on a separate window, am i doing something wrong? Mine attaches its self to the main chart and no value, please clarify. Thanks for the great help the THV Team is rendering, you have helped alot of newbies like me goodluck and GOD bless you all.
  • #14,673
  • Oct 15, 2009 7:29am Oct 15, 2009 7:29am
Cave your new version is ok! very well! it works perfect for me
  • #14,674
  • Oct 15, 2009 8:10am Oct 15, 2009 8:10am
Cobra GBP/USD.. EUR/USD.. which of these pairs would be in
correlation with either US indices or commodities..

Thanks

Rebel.
  • #14,675
  • Oct 15, 2009 8:51am Oct 15, 2009 8:51am
Quoting caveman
Good thing my baby girl kept me away from the chopping machine .... it is still chopping ......

Was telling Cobra that we should have traded USD/JPY instead. Easy pips there with THV..... but was too focus trying to catch the big move on EUR/USD. Wrong move ... hahaha ...
I've been trading the UJ for some weeks using the conventional THV+S&R levels with modest success. Curiously, on this pair, the divergence lines on the higher TFs (+1hr) appear to signal the reverse of the usual "bottoms up - top down."
  • #14,676
  • Oct 15, 2009 10:18am Oct 15, 2009 10:18am
Where could I get that rainbow??
Manuelito
  • #14,677
  • Edited 11:35am Oct 15, 2009 10:24am | Edited 11:35am
Hi, first of all would like to thanks Cobra team for making this system possible and share it with all of us.

Been looking at the system and would like to make a few questions, im trying to read the whole thread but im around page 290, hope you can help me with this,

Entry- You have a long opportunity on the 1min and you check on the 5mins u enter if the trix has crossed and PA the cloud or if 5mins both trix is green you enter, indepently of the trix cross, cloud and coral ??
You only respect the rules on the 1min and only the 5min both trix have to be the same colour ?

Thanks in advanced.
"He who is well prepared has won half the battle"
  • #14,678
  • Oct 15, 2009 11:40am Oct 15, 2009 11:40am
Today's PA was much easier to read than yesterday, a picture says more than ....

good chance to reload longs as well.


Hope you folks did well today
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  • #14,679
  • Oct 15, 2009 11:43am Oct 15, 2009 11:43am
Quoting cobraforex
Weekly R3 = 1.4943
Monthly R1 = 1.4939
Hello Cobra!

I need an alert when prices cross coral indicator. Can you help me?

thanks!.

http://wiki.urbandead.com/images/thu...Cobra_logo.jpg
  • #14,680
  • Oct 15, 2009 11:50am Oct 15, 2009 11:50am
This depends Peter

As I mentioned, the market don't cares if the trix is green or red, it reacts on S&R.

The Trix shows us the actual tendency but can fool us at any moment.

To support a trix pattern we need to have a good additional reason to take a trade like S&R, pivots and/or fibs, preferable 38.2, 50 and 61.8%.

In strong S&R you can forget the 5M rule for a moment and work only with 1M to confirm the trend change/bounce.

Good bets are always divergence but can, depending on the TF be very short lived, take what the market want's to give in that cases.

Quoting Peterex
Hi, first of all would like to thanks Cobra team for making this system possible and share it with all of us.

Been looking at the system and would like to make a few questions, im trying to read the whole thread but im around page 290, hope you can help me with this,

Entry- You have a long opportunity on the 1min and you check on the 5mins u enter if the trix has crossed and PA the cloud or if...
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