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THV system, final edition

  • #14,761
  • Oct 19, 2009 11:32am Oct 19, 2009 11:32am
Quoting caveman
Hi MissPips,

This I like.... when market goes into a range. Mark top and bottom. If pips range between them is wide enough, follow Fast Trix, target half the pip distance and cash those pips...

Cheers,
CaveMan
i use this method with also wolume help and make many scalping in rages pips
  • #14,762
  • Oct 19, 2009 11:33am Oct 19, 2009 11:33am
Quoting caveman
Hi MissPips,

This I like.... when market goes into a range. Mark top and bottom. If pips range between them is wide enough, follow Fast Trix, target half the pip distance and cash those pips...

Cheers,
CaveMan
What time frame is that caveman ? 1 min ?
Look at something long enough, you will eventually get it.
  • #14,763
  • Oct 19, 2009 11:55am Oct 19, 2009 11:55am
It does require more capital but if you reduce your lots and wait for a ret. before entering you should be fine. Also, I do fine it easier to see a trade developing on the higher TF once you follow the THV rules...re: pg 1. Unfortunately it also means that you get less trades though but the profitable ones usually go for 20+ pips.

Quoting Ramadas
Thanks for the tip, but trading bigger TF requires more capital...
  • #14,764
  • Oct 19, 2009 12:24pm Oct 19, 2009 12:24pm
Quoting MissPips
The answer, my friend, is trading with the trend,
the answer is trading with the trend **


** except of course when the market is ranging - then a trader might want to consider divergence trades too :-)


edit : attached example
MissPips, is there a time frame ID on that chart? I couldn't see one and therefore had no idea what to think.....a 1 minute? It would help to know.
  • #14,765
  • Oct 19, 2009 12:56pm Oct 19, 2009 12:56pm
It's a one minute. (You can also tell by noting that the next two higher tf trixes are 5, and 15, and that the bars marking trades are at times you would only see are on a 1 m chart.) Also the highlighted tab at the bottom says 1m.

Quoting traderathome
MissPips, is there a time frame ID on that chart? I couldn't see one and therefore had no idea what to think.....a 1 minute? It would help to know.
  • #14,766
  • Oct 19, 2009 12:57pm Oct 19, 2009 12:57pm
Hey Traco1,

Does not matter which TF. As long as PA is moving sideways and oscillating in a range. The higher up the TF that ranging happens, the bigger the range.

Cheers,
CaveMan

Quoting traco1
What time frame is that caveman ? 1 min ?
  • #14,767
  • Oct 19, 2009 6:10pm Oct 19, 2009 6:10pm
I'm curious about what significance you other THV traders put on Trix being above or below the 0 line.

When looking at the 5M TF do you feel the trend is stronger if both the Trix and the PA are on the same side of the 0 line and coral? Would you make a trade if they contradict? What about other TF's?
  • #14,768
  • Oct 19, 2009 8:50pm Oct 19, 2009 8:50pm
I just had a conversation with myself and we both where thinking what will happen when we touch 1.5000 ?

This years S&R are broken and between 1.5000 and 1.5350 is almost nothing on the weekly chart which would tell me a story about S&R, but RSI is in OB zone.

So, if I will decide to take a short on this level I'll have to do it very careful and with a well thought out SL.
Attached Image (click to enlarge)
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  • #14,769
  • Oct 19, 2009 9:06pm Oct 19, 2009 9:06pm
Now spinning this a little longer we see the fast daily Trix in red, also divergence present but I don't care for the arrow as this can be already be past.

Maybe I have to let the feeling and adecuate MM decide when it's time, the huge round number itself is a reason to think about a short.

Any comments welcome.

BTW: I'm not talking about a fast scalp trade, I'm taking about scalp trade directions in the near future (this week)
Attached Image (click to enlarge)
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  • #14,770
  • Oct 19, 2009 9:28pm Oct 19, 2009 9:28pm
Me short, this dollar weakness cannot go on forever.

Toliletpaper slowly has more value then a greenback.
  • #14,771
  • Oct 19, 2009 9:37pm Oct 19, 2009 9:37pm
Hi Freddy

I'm in as well, couldn't resist , don't wanna lose that move.

Anyhow only 0.5 lot and might add after a certain wave.

Would like to see the 1.4940, SL is 50 pips from 992, if I lose that trade, well there is still 1.53xx

I know that this position is a little premature but if bounce fast maybe the shitty borkers don't fill the orders.
  • #14,772
  • Oct 19, 2009 10:49pm Oct 19, 2009 10:49pm
Don't you love it when a good plan seems to work?!

TANK EU, TANK !!!!

and if it changes its mind, I have another short ready @ 1.5025
  • #14,773
  • Oct 20, 2009 12:42am Oct 20, 2009 12:42am
Not bad Freddy, I got out after second bounce of the 60th at 67.

Still no touch of 1.5 so we will have a second run later (maybe)

Will have a break and open the trading room again at London open to play with higher lotzise, rules are rules.

This is just a cut of my private chart, if I show all some will ask for the template.



Quoting Freddyfx
Don't you love it when a good plan seems to work?!

TANK EU, TANK !!!!

and if it changes its mind, I have another short ready @ 1.5025
Attached Image (click to enlarge)
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  • #14,774
  • Oct 20, 2009 1:00am Oct 20, 2009 1:00am
Snowed under with some programming but I'm still tuned in to you guys. I'm very interested to see what happens with this big round one.
  • #14,775
  • Edited 3:04am Oct 20, 2009 1:21am | Edited 3:04am
My read of it. Due for a retrace down to 1.4900 for a bounce off TL before going for 1.500. Target bounce area of fib 50 or 61.8 for the last move for confluence.

Let's see if it happens .... No break for me. I am looking to short and then long ... lol ... now waiting for PA to drop below last high and THV to show me the way ...

Edit: Here we go ... targeting DPV and then wait for the turnaround to 1.500

Quoting cobraforex
Still no touch of 1.5 so we will have a second run later (maybe)
  • #14,776
  • Oct 20, 2009 4:04am Oct 20, 2009 4:04am
Exited position at breakeven as need to go babysit my baby daughter. Anyway, FXDD was acting up with delayed refreshing of charts and gaps appearing across multiple pairs..... had to hit refresh buttons many times to see where PA was ....

Trade safe my friends....

Cheers,
CaveMan
  • #14,777
  • Oct 20, 2009 6:39am Oct 20, 2009 6:39am
This is just a very slow day for trading... Nothing is moving the market...

I'm back at break even, maybe I'll stay out for today before I make any more loss.
My trades are at pip dot ninja
  • #14,778
  • Oct 20, 2009 7:55am Oct 20, 2009 7:55am
Hi people,

I have two questions one is for Stratman and another is about TZpivots.

1. I have installed mini charts and I have MA only on one (as in picture). Can it be on all?

2. Maybe I'm not the first that mentioned that all pivot lines vanish when screen goes red or green for signal to enter the trade. Something in coding or maybe I didn't set everything?

Thanks!
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  • #14,779
  • Oct 20, 2009 8:06am Oct 20, 2009 8:06am
My comment about that is in two pages back I think, stay with the one from the first page at the moment.

We will come up with a complete update when it's time to.
  • #14,780
  • Oct 20, 2009 9:00am Oct 20, 2009 9:00am
Quoting cobraforex
My comment about that is in two pages back I think, stay with the one from the first page at the moment.

We will come up with a complete update when it's time to.
Thanks Cobra!
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