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THV system, final edition

  • #17,061
  • Jan 15, 2010 10:31am Jan 15, 2010 10:31am
Quoting traco1
my broker time is different I guess 17:01 for me
Your broker is GMT +1 I'm guessing? Since mine's GMT +0 based.
  • #17,062
  • Jan 15, 2010 10:33am Jan 15, 2010 10:33am
Quoting Nobitacu
Your broker is GMT +1 I'm guessing? Since mine's GMT +0 based.
alpari
Look at something long enough, you will eventually get it.
  • #17,063
  • Jan 15, 2010 10:34am Jan 15, 2010 10:34am
Quoting traco1
alpari
I've heard of that broker, but no idea what GMT their server is based on. Could always ask their support for that information I suppose.
  • #17,064
  • Jan 15, 2010 10:37am Jan 15, 2010 10:37am
Quoting Nobitacu
I've heard of that broker, but no idea what GMT their server is based on. Could always ask their support for that information I suppose.
I entered on a m5 trade at 17:05 struggling to stay above buy line.
Look at something long enough, you will eventually get it.
  • #17,065
  • Jan 15, 2010 10:40am Jan 15, 2010 10:40am
Quoting traco1
I entered on a m5 trade at 17:05 struggling to stay above buy line.
Ah, if I would have entered that trade instead, then I would aim TP no higher than S3 pivot, hmmm... we'll see what happens, hopefully it wins for you by retesting that.
  • #17,066
  • Jan 15, 2010 10:41am Jan 15, 2010 10:41am
Quoting Nobitacu
Ah, if I would have entered that trade instead, then I would aim TP no higher than S3 pivot, hmmm... we'll see what happens, hopefully it wins for you.
But it was correct ?
Look at something long enough, you will eventually get it.
  • #17,067
  • Jan 15, 2010 10:42am Jan 15, 2010 10:42am
Quoting traco1
But it was correct ?
Trix is already red
Look at something long enough, you will eventually get it.
  • #17,068
  • Jan 15, 2010 10:42am Jan 15, 2010 10:42am
Quoting traco1
But it was correct ?
It was correct, and could still win. Just aim either 10 pips or S3 if that line comes before 10 pips.
  • #17,069
  • Jan 15, 2010 10:45am Jan 15, 2010 10:45am
Quoting Nobitacu
It was correct, and could still win. Just aim either 10 pips or S3 if that line comes before 10 pips.
You really have to be careful with these entries are youre gonna get burned
Look at something long enough, you will eventually get it.
  • #17,070
  • Jan 15, 2010 10:45am Jan 15, 2010 10:45am
Quoting traco1
Trix is already red
You can exit early if you like, the M15 fast trix is still green, but it's up to you if you want to exit early to save potential more loses if it goes down with M5 fast trix being red. I don't exit early anymore, seen too many trades that would have won by doing that, but it has also saved me pips in the past, so it's up to your own risk torrence. I leave mine open until it either hits my TP or SL, but I have good MM to be able to do that.
  • #17,071
  • Jan 15, 2010 10:46am Jan 15, 2010 10:46am
Earlier in the london session i took this gu trade. How to avoid such trades Nobitacu? MS 1 was @ entry point? Was this the mistake? Finally i got +10 but it was luck i think

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  • #17,072
  • Jan 15, 2010 10:46am Jan 15, 2010 10:46am
Quoting traco1
You really have to be careful with these entries are youre gonna get burned
Yea... we win some, we lose some, it's the norm of this "game". ^^"
  • #17,073
  • Jan 15, 2010 10:48am Jan 15, 2010 10:48am
Quoting Hunt4pips
Earlier in the london session i took this gu trade. How to avoid such trades Nobitacu? MS 1 was @ entry point? Was this the mistake? Finally i got +10 but it was luck i think

Attachment
Yup, you're right, you entered right as it hit the MS1, which can be risky for a pullback. I would have perhaps waited to see if it'll break/close above it before entering since it's that close to your entrance, glad the trade still won for you however.
  • #17,074
  • Jan 15, 2010 10:54am Jan 15, 2010 10:54am
Quoting Nobitacu
Yup, you're right, you entered right as it hit the MS1, which can be risky for a pullback. I would have perhaps waited to see if it'll break/close above it before entering since it's that close to your entrance, glad the trade still won for you however.
Okay have to show more respect to these midpivots
  • #17,075
  • Jan 15, 2010 10:56am Jan 15, 2010 10:56am
Quoting Hunt4pips
Okay have to show more respect to these midpivots
especially if they are a weekly or monthly pivot.
  • #17,076
  • Jan 15, 2010 11:03am Jan 15, 2010 11:03am
out at -10
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Look at something long enough, you will eventually get it.
  • #17,077
  • Jan 15, 2010 11:05am Jan 15, 2010 11:05am
I didnt took this one. Was it valid? Candle didnt clearly opened above coral, right?


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  • #17,078
  • Jan 15, 2010 11:05am Jan 15, 2010 11:05am
trix on the M15 was green, but sort of flat. That should have been a heads up.
Look at something long enough, you will eventually get it.
  • #17,079
  • Edited 11:28am Jan 15, 2010 11:15am | Edited 11:28am
Quoting Hunt4pips
I didnt took this one. Was it valid? Candle didnt clearly opened above coral, right?


Attachment
I saw this one too for a Cable buy, and it was a close call, but I didn't enter because it was right at MPV, and seeing all those scary pivot lines close to each other on the upside, giving it a lot of resistance on the upside to move up... I don't want to take that risk trading to the upside of Cable, but hey, now it went up a bit lol. Would have hit TP now haha, but really, only enter trades that you feel have a good chance to win with the least possible resistance of reaching your target.
  • #17,080
  • Jan 15, 2010 11:15am Jan 15, 2010 11:15am
Is there an easy way to get individual candle data?

Normally, when you move the cursor over the candle, the data window pops up, but now with all the THV4 info on the chart, I have trouble getting the candle data window to open.

No big deal, but would like to solve the issue.
.....avoiding the effects of randomness
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