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THV system, final edition

  • #17,461
  • Jan 26, 2010 8:30am Jan 26, 2010 8:30am
I just made this trade a little while ago and got killed. What are your thoughts?
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  • #17,462
  • Jan 26, 2010 8:30am Jan 26, 2010 8:30am
Quoting Buildcity
Hi, all experts,

Just wonder rather the next THV version can code the THV HA like:
- When we press the candle bottom (the MT4 built in one), the thv HA is auto hide;
especially good for those who switch the 2 stuff all the time!!

Just a suggestion

Great Cobra and team
were not all experts, I'm definately NOT!
still waiting on eur/usd...
@pawpaw1000 on Twitter
  • #17,463
  • Jan 26, 2010 8:33am Jan 26, 2010 8:33am
Quoting pawpaw1000
were not all experts, I'm definately NOT!
still waiting on eur/usd...
lol
  • #17,464
  • Jan 26, 2010 8:42am Jan 26, 2010 8:42am
Quoting pawpaw1000
were not all experts, I'm definately NOT!
still waiting on eur/usd...
Hi everyone

I am wondering if it is feasible that we have a online live chat so that we can give each other a heads up signal instantly rather than posting it in the forum which might have a time lag. i.e. something like a live trading platform for THV user.

What do you all think?
  • #17,465
  • Jan 26, 2010 8:44am Jan 26, 2010 8:44am
Great job on this System. The best templates I ever saw.

AAA for design, AAA for the trading system !

Thanks
Brokers are angels
  • #17,466
  • Jan 26, 2010 8:49am Jan 26, 2010 8:49am
nobitacu,

recon the outlook has changed to bullish for eur usd? Would it be foolish to sell on the upcoming cross in 5min? I'm kinda sceptical.

Miss pips, if youre around, what do you think. If youre also waiting for eur usd?
@pawpaw1000 on Twitter
  • #17,467
  • Jan 26, 2010 8:52am Jan 26, 2010 8:52am
Quoting Emp
Hi everyone

I am wondering if it is feasible that we have a online live chat so that we can give each other a heads up signal instantly rather than posting it in the forum which might have a time lag. i.e. something like a live trading platform for THV user.

What do you all think?
good idea emp... I dont know how much lag is in forum but the problem is it is difficult to chat while trading and the forum gives you that bit of breathing space...

plus, people dont have the chance to talk too much bullocks when they can only post and not chat
@pawpaw1000 on Twitter
  • #17,468
  • Jan 26, 2010 8:53am Jan 26, 2010 8:53am
IMO: Price has crossed the coral. If it retest on the coral again, then it would be safer to look for long opportunity. If it break the coral successfully, then we can see shorting opportunity again.

Quoting pawpaw1000
nobitacu,

recon the outlook has changed to bullish for eur usd? Would it be foolish to sell on the upcoming cross in 5min? I'm kinda sceptical.

Miss pips, if youre around, what do you think. If youre also waiting for eur usd?
  • #17,469
  • Jan 26, 2010 8:57am Jan 26, 2010 8:57am
Quoting Emp
IMO: Price has crossed the coral. If it retest on the coral again, then it would be safer to look for long opportunity. If it break the coral successfully, then we can see shorting opportunity again.

mmm... good idea, you recon it'll pull back that far? my initial Idea was to wait for 1min to go back into overbought and then ride it down into over sold seeing as 5min will propably cross in next couple of mins and is overbought???
@pawpaw1000 on Twitter
  • #17,470
  • Jan 26, 2010 8:58am Jan 26, 2010 8:58am
Quoting cherepski
I just made this trade a little while ago and got killed. What are your thoughts?
I think your m5 trix are green at that moment. Therefore its a risky trade.
  • #17,471
  • Jan 26, 2010 8:59am Jan 26, 2010 8:59am
Quoting cherepski
I just made this trade a little while ago and got killed. What are your thoughts?
Same trade pawpaw took that was risky, for one, M5 Fast Trix wasn't confirmed to enter that short if simply using my standard rules (it was green at the time according to SwissArmy, as for other reasons why, it has already been posted few post back by both MissPips and I.
  • #17,472
  • Jan 26, 2010 9:00am Jan 26, 2010 9:00am
M5 trix crossed but m15 trix are still green. Risky IMO.

Quoting pawpaw1000
mmm... good idea, you recon it'll pull back that far? my initial Idea was to wait for 1min to go back into overbought and then ride it down into over sold seeing as 5min will propably cross in next couple of mins and is overbought???
  • #17,473
  • Jan 26, 2010 9:07am Jan 26, 2010 9:07am
Quoting pawpaw1000
mmm... good idea, you recon it'll pull back that far? my initial Idea was to wait for 1min to go back into overbought and then ride it down into over sold seeing as 5min will propably cross in next couple of mins and is overbought???
You need to stop taking these type of risky trades and look for more solid trades IMHO, you're trying to force too many trades instead of just letting it come to you. Catching a nice trade is like trying to catch a falling feather, if you try to catch it by force, it will fly away in the other direction, if you try to catch it by simply letting it come to your hand softly, you will catch it without much effort. Why work so much harder then you need to, giving yourself more stress?
  • #17,474
  • Edited 9:39am Jan 26, 2010 9:24am | Edited 9:39am
Well, I'm almost done for the day, I caught nothing with the THV-Laguerre today, been a very slow week for it so far.

As for my own personal methods with a little help from dashboard, I got 20 pips playing off the H4 fibo I drew, shorting from the bounce off the 50.0 fibo retracement at around 1.6176, which also happens to be near my 50 fibos on M30 and H1. Price might only go another 10-15 pips down from here because of the Daily Long Channel that it has been bouncing off the bottom for the past 4 days.

As for Euro, the Long so far has been held by the 61.8 fibo of 1.4091 on M30 and H1. I won't even think about going long until price closed about it for me and also above the 1.4100 psychological level. But if so, watch out for a possible bouce off the H4 23.6 fibo of 1.4119. Otherwise, look for short from this pullback if those levels fails to break.
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  • #17,475
  • Jan 26, 2010 9:27am Jan 26, 2010 9:27am

Quoting Emp
IMO: Price has crossed the coral. If it retest on the coral again, then it would be safer to look for long opportunity. If it break the coral successfully, then we can see shorting opportunity again.
  • #17,476
  • Jan 26, 2010 9:30am Jan 26, 2010 9:30am
Quoting Nobitacu
You need to stop taking these type of risky trades and look for more solid trades IMHO, you're trying to force too many trades instead of just letting it come to you. Catching a nice trade is like trying to catch a falling feather, if you try to catch it by force, it will fly away in the other direction, if you try to catch it by simply letting it come to your hand softly, you will catch it without much effort. Why work so much harder then you need to, giving yourself more stress?

I guess I'm irritated as last friday I found for really solid trades. Yesterday was a total ZERO! and today I'm also struggling to find any meat. Dont wanna starve

but yeah, guess I should be more patient...

maybe I should then focus on my MM by trading less and increasing my exposure? Maybe risk 5% of account but trade only when the real solid trades come through? 3 per week or whatever the market gives?
@pawpaw1000 on Twitter
  • #17,477
  • Jan 26, 2010 9:33am Jan 26, 2010 9:33am
Quoting pawpaw1000
I guess I'm irritated as last friday I found for really solid trades. Yesterday was a total ZERO! and today I'm also struggling to find any meat. Dont wanna starve

but yeah, guess I should be more patient...

maybe I should then focus on my MM by trading less and increasing my exposure? Maybe risk 5% of account but trade only when the real solid trades come through? 3 per week or whatever the market gives?
Sounds like a good plan you can start developing, but be sure you never pass that 5% market exposure on any given time with your account with ALL trades combined, not per trade as some would mistakenly measure by.
  • #17,478
  • Jan 26, 2010 9:39am Jan 26, 2010 9:39am
Well, I'm done for today lol. Best of luck everyone for the rest of the session.
  • #17,479
  • Jan 26, 2010 10:27am Jan 26, 2010 10:27am
Hello Nobitacu
Can u confirm my today trades

http://www.forexfactory.com/showpost...ostcount=17433
http://www.forexfactory.com/showpost...ostcount=17434
  • #17,480
  • Jan 26, 2010 10:45am Jan 26, 2010 10:45am
Quoting POSTiGA
Hello Nobitacu
Can u confirm my today trades

http://www.forexfactory.com/showpost...ostcount=17433
http://www.forexfactory.com/showpost...ostcount=17434
First sell trade was very risky, you're trading not only right into a pivot, but also a major psychological level, you're lucky it didn't just bounce off there and head straight up. Secondly, laguerre didn't confirm for me to short as the pullback up wasn't far enough, most importantly, you were still inside the cloud from that candle you drew your entrance on, and not out of it yet. I'm not sure why your SwissArmy says green for Coral however, since you're below it, so you might want to check up on that to fix that error.

Second Buy trade was less risky than that Sell you placed, but again, I only enter on fresh Trix cross, not on re-entrance like where you entered. I also only enter it with a fresh cross up of the Laguerre (after first color dot change on bottom) as well.

If you are trading with your own personal rules, and are successful with it, then great, keep testing it to see how it develops and fine-tune it, but if trading the rules I've written, then either of those would not have been an entrance. Glad you won both however.
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