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ALF/TVI - Simple, effective daytrading

  • #801
  • May 10, 2010 8:54am May 10, 2010 8:54am
Had a great day, Lou G! Thanks!
  • #802
  • May 10, 2010 9:35am May 10, 2010 9:35am
Quoting bruunoalves
Lou, tanks for sharing your sistem, it looks to be very simple. I´m tradin oil with your tools.
I notice that your sistem can be refine with momo scalpin (15m, H1), (Boris schlossberg book, google it...) TVI cross can be confirmed with Macd cross after retraces. it looks to be promissing... lets see. what pairs you trade?
tanks again
bruunoalves
Not surprising that ALF works well with oil - John Ehlers, the developer of ALF, is primarily a futures trader.

Thanks for posting and opening a new opportunity.
Old Benjamin was right
  • #803
  • Edited 9:59am May 10, 2010 9:45am | Edited 9:59am
Quoting Lou G
Each break through support is a possible trading opportunity.

Hi Lou,

What indi is the red/green line post#796 ?

Thanks

Blue

EDIT: found it...right in front of my nose .
Master your Mind,,,Master the Market
  • #804
  • Edited 11:45am May 10, 2010 10:05am | Edited 11:45am
Does anyone see value added by their presence on the chart?? TVI cross?? Qu'est-ce que c'est??
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Vincit qui se vincit.
  • #805
  • Edited 11:12am May 10, 2010 10:26am | Edited 11:12am
I am trying to get used to the new TVI Candles Indicator (Great job Lou ).

Here is my second trade.

Review, Standard ALF /TVI entry, broke ALF, TVI in correct direction, broke support, broke london close. I was worried about price having moved up 280+ pips, then down that same amount, but the Greecian Bailout news is pretty big and the sunday gap has not yet closed, and since my target is just below the 1.2800 price and I have noticed that when price on EUR/USD approaches a big round number like that price likes to break through a bit and then retest before going one way or another, I figured I could get my +20 pips.


Mark

PS - this is out of my normal trading time.
PPS - Aparently there was a FOMC annoucement on US dollar and Bank of Japan liquidity swap. I missed that completly and FF added the event to the news calendar after the fact.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-05-10-1300-EurUsd.JPG Size: 40 KB
EllisEdi Moving on to my next trade ...
  • #806
  • May 10, 2010 10:28am May 10, 2010 10:28am
Quoting Pippopotamus
Does anyone see value added by their presence on the chart??
Nope not at all.
Master your Mind,,,Master the Market
  • #807
  • Edited 6:02pm May 10, 2010 4:42pm | Edited 6:02pm
this now. Sell at close of 16:00 GMT hr. at 1.2786 (1.2797, I was late.). SL 1.3003. TP 1.2622. ANYTHING can happen.
Attached Image (click to enlarge)
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Vincit qui se vincit.
  • #808
  • May 10, 2010 4:59pm May 10, 2010 4:59pm
gap has been filled. Now what??
Vincit qui se vincit.
  • #809
  • May 10, 2010 6:16pm May 10, 2010 6:16pm
I'm thinking your question just may be rhetorical--but I'd say the market is in big time turmoil and it's anybodys' guess
  • #810
  • May 11, 2010 1:02am May 11, 2010 1:02am
Quoting Pippopotamus
Does anyone see value added by their presence on the chart?? TVI cross?? Qu'est-ce que c'est??
hello pippo, would u mind to post the 1st indi plz? Thx
  • #811
  • May 11, 2010 2:25am May 11, 2010 2:25am
at 1.2707. Why?? Intense agita (pure science!!). PA will now find direction and make a bee line to what was my TP. Driftwood, all indicators are already posted.
Vincit qui se vincit.
  • #812
  • May 11, 2010 3:52am May 11, 2010 3:52am
My first trade with this setup, hope i have follow all rules well????
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  • #813
  • May 11, 2010 5:13am May 11, 2010 5:13am
Quoting Pippopotamus
Driftwood, all indicators are already posted.
hello again pippo, I clik on papperclip at top of page and look at 6 pages but not see macd histogram. My FXDD mt4 no has macd histogram just 2 lines. Thx for any help plz.
  • #814
  • May 11, 2010 5:28am May 11, 2010 5:28am
are not posted in this thread. I put them on the chart for illustration purposes only. I assumed you were referring to an indicator used in this method. Search,"Macd True," at FF. Good luck.
Vincit qui se vincit.
  • #815
  • May 11, 2010 5:49am May 11, 2010 5:49am
Quoting Pippopotamus
are not posted in this thread. I put them on the chart for illustration purposes only. I assumed you were referring to an indicator used in this method. Search,"Macd True," at FF. Good luck.
Thx
  • #816
  • May 11, 2010 6:29am May 11, 2010 6:29am
A Classic Alf/TVI trade in Progress

Once +10 pips I set the trade to a stop exit of Break even since News is upcoming and price momentum has stalled a bit.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-05-11-0930-EurUsd.JPG Size: 40 KB
EllisEdi Moving on to my next trade ...
  • #817
  • May 11, 2010 6:33am May 11, 2010 6:33am
Hi Lou G
What is the new indicator you are using in post #796, lt's very interesting,
Can you share it please ?

Kind regards
gopsat
  • #818
  • May 11, 2010 6:33am May 11, 2010 6:33am
Quoting EllisEdi
A Classic Alf/TVI trade in Progress

Once +10 pips I set the trade to a stop exit of Break even since News is upcoming and price momentum has stalled a bit.

Stoppped out for +0 pips.


My stops are probably too tight... with news being so minor.

Mark
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-05-11-0932-EurUsd.JPG Size: 39 KB
EllisEdi Moving on to my next trade ...
  • #819
  • May 11, 2010 6:50am May 11, 2010 6:50am
Quoting EllisEdi
Stoppped out for +0 pips.


My stops are probably too tight... with news being so minor.

Mark
What if game .... (lol)

If I had stayed with the basic rules (10 pip stop, 20 pip tp), my trade would have been back in profit now. And would have closed when price hit my target of 1.2741.

LESSON :
Stick to the rules ...

Mark
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-05-11-0950-EurUsd.JPG Size: 39 KB
EllisEdi Moving on to my next trade ...
  • #820
  • May 11, 2010 7:00am May 11, 2010 7:00am
Quoting gopsat77
Hi Lou G
What is the new indicator you are using in post #796, lt's very interesting,
Can you share it please ?

Kind regards
gopsat
Fractal_SR.mq4 - already posted. You must have missed it...
Old Benjamin was right
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