ALF/TVI - Simple, effective daytrading | Page 38 | Forex Factory

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ALF/TVI - Simple, effective daytrading

  • #741
  • May 6, 2010 9:58am May 6, 2010 9:58am
Quoting bbolss
i took +15
guess lucky me! :]
Good - that's the way to do it. Counter-trend is difficult. See EllisEdi's post on the subject.

http://www.forexfactory.com/showpost...&postcount=745
Old Benjamin was right
  • #742
  • May 6, 2010 10:19am May 6, 2010 10:19am
Quoting Lou G
Avoid news times like the plague
Hi Lou and others, sorry if this is a stupid newbie question but where can I check when exactly there are news to avoid trading during news?
  • #743
  • May 6, 2010 10:21am May 6, 2010 10:21am
Quoting fguru
Hi Lou and others, sorry if this is a stupid newbie question but where can I check when exactly there are news to avoid trading during news?

The main page of Forex Factory has the best news calender out there ...


http://www.forexfactory.com/



Mark
EllisEdi Moving on to my next trade ...
  • #744
  • May 6, 2010 10:27am May 6, 2010 10:27am
Thanks a lot Mark
  • #745
  • May 6, 2010 10:27am May 6, 2010 10:27am
Quoting fguru
Hi Lou and others, sorry if this is a stupid newbie question but where can I check when exactly there are news to avoid trading during news?
Opening page at FF.
Old Benjamin was right
  • #746
  • May 6, 2010 10:28am May 6, 2010 10:28am
Market rejects drop below support...
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Old Benjamin was right
  • #747
  • Edited 10:40am May 6, 2010 10:29am | Edited 10:40am
i took +12 here - it look like realy strong support here!

ps im traying to filter out it somehow. on 5min 200ema is great bellow seel above buy
so i think that ema 66 should be good at m15 (66*3 =~200)? check at history for me look good ... what do you guys think?
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  • #748
  • May 6, 2010 10:31am May 6, 2010 10:31am
seems a cool system. what kind of results u peeps been geting?
  • #749
  • May 6, 2010 10:48am May 6, 2010 10:48am
E/U was at these levels on IBFX daily chart was 3/11/09, more than a year ago.
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Vincit qui se vincit.
  • #750
  • May 6, 2010 10:56am May 6, 2010 10:56am
A fast +25 in a VERY jumpy market - note close below support, enter on next bar, stay alert, don't get greedy...
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Old Benjamin was right
  • #751
  • May 6, 2010 11:12am May 6, 2010 11:12am
Here's where we are now
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Old Benjamin was right
  • #752
  • May 6, 2010 11:19am May 6, 2010 11:19am
London is closed - I'm hanging it up until tomorrow.

Thanks everyone for your participation. I hope you all made some pips today - it wasn't easy and Friday may be just as tough...
Old Benjamin was right
  • #753
  • Edited 12:05pm May 6, 2010 11:48am | Edited 12:05pm
of Fractal S/R and 6 pd. Price Channel on E/U H4 chart. FC in red, PC in gray. Newbies, don't be confused by this. It is just a curiosity. Best to stick to the simple, solid method that Lou demonstrates.
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Vincit qui se vincit.
  • #754
  • Edited 2:53pm May 6, 2010 12:11pm | Edited 2:53pm
I like it. Please excuse me. I'm off to buy an ALF T-shirt...EDIT: If I may, IMHO, if I interpret the chart correctly, this bodes well for the continuing success of ALF/TVI trading. Please correct me if I am wrong.
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Vincit qui se vincit.
  • #755
  • May 6, 2010 12:26pm May 6, 2010 12:26pm
Quoting Pippopotamus
I like it. Please excuse me. I'm off to buy an ALF T-shirt...EDIT: If I may, IMHO, if I interpret the chart correctly, this bodes well for the contuing success of ALF/TVI trading. Please correct me if I am wrong.
I certainly hope you're right.
Old Benjamin was right
  • #756
  • May 6, 2010 3:57pm May 6, 2010 3:57pm
LouG thank you very much for this awesome system.

1 question though since i am newbe here and i dont think i can attach anything.

i was using the euro/CHF and was doing fine by using 1 lot sell. made around 30 pips and sold. then around 14.30 GMT it gave an indication to buy. since the line went into green.

however at 20.30 the green line went into red again, but when the green line was active of TVI2 .the bars actually never went up but further down

so why didnt TVI2 suggested a red line instead of giving a green line? because now i lost 100 pips.

not that it actually matters. using demo account but just curious why it happened.

thanks.
  • #757
  • May 7, 2010 12:23am May 7, 2010 12:23am
fast +15 from the morning
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  • #758
  • May 7, 2010 2:24am May 7, 2010 2:24am
Quoting Lou G
I certainly hope you're right.
HI Lou G, just took a trade just for fun EURUSD, made 3 pips. Think it's much simpler and easier (was struggling with the previous set-up, as i'm a newbie & idiot in trading). I love the alert!. Guess you are having an idiot-proof set-up here, just like the idiot-proof camera.

Thanks Lou

Raymondetc
  • #759
  • May 7, 2010 7:47am May 7, 2010 7:47am
I bought at close of 08:00 GMT hr. at 1.2731. SL 1.2611. TP 1.2887. Looks like US employment stats news release is unfavorable for my trade.
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Vincit qui se vincit.
  • #760
  • May 7, 2010 7:59am May 7, 2010 7:59am
Quoting trade4fun
however at 20.30 the green line went into red again, but when the green line was active of TVI2 .the bars actually never went up but further down

so why didnt TVI2 suggested a red line instead of giving a green line? because now i lost 100 pips.

not that it actually matters. using demo account but just curious why it happened.

thanks.
Indecision on the part of traders?
Old Benjamin was right
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