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THV system, final edition

  • #20,661
  • Oct 4, 2010 9:07pm Oct 4, 2010 9:07pm
Trix cross, all 4 RED boxes....
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  • #20,662
  • Oct 4, 2010 9:08pm Oct 4, 2010 9:08pm
Quoting chiba_san
the only problem with that is....just prior to the second divergence arrow after your red vertical line, both trixes would have crossed back into the green. what would have been your reasons to stay in the trade?

unless you had other indicators or reasons, i think the trader would have left the trade just before it plummeted down...
95% of those traders are loosing....... I know that we are currently in a good down move...
  • #20,663
  • Oct 4, 2010 9:13pm Oct 4, 2010 9:13pm
slightly off topic...well actually completely off topic.....

out of curiosity, when you drink, how does it effect the insomnia? doesn't work?

or do you get into a state where you can't focus on forex AND you can't sleep either?
Quoting Tread
Tried it all, fatigue is a constant, the major problem is addiction, it is very easy to develop negative habits, Im lucky as I channel all efforts in forex, it consumes so much time and is so exhaustive that it actually helps. I am average on the patience.
  • #20,664
  • Oct 4, 2010 9:13pm Oct 4, 2010 9:13pm
Quoting bgbearnavy
Trix cross, all 4 RED boxes....
Lost 3 pips
  • #20,665
  • Oct 4, 2010 9:14pm Oct 4, 2010 9:14pm
Quoting bgbearnavy
Trix cross, all 4 RED boxes....
congratulations, i need more balls to enter a trade like that, you dond mind abouth the time? i only trade uk and us session, more vol.
have a good one!
passion and discipline
  • #20,666
  • Oct 4, 2010 9:28pm Oct 4, 2010 9:28pm
Quoting chiba_san
slightly off topic...well actually completely off topic.....

out of curiosity, when you drink, how does it effect the insomnia? doesn't work?

or do you get into a state where you can't focus on forex AND you can't sleep either?
No Alcohol...it a depressant, the idea is to stay away from anything that is habit forming.

When i do get tired, lights go off, bose headset on, and lie down, body still needs to rest, i met even hit rem sleep before waking up again. When it get bad there is medication
  • #20,667
  • Oct 4, 2010 9:29pm Oct 4, 2010 9:29pm
Quoting Tread
You got to remember that Trix show momentum and gives short term direction. The whole idea is to stick with the trend, which is why the EMA and ADX (our primary trend tools) are monitored.
Thank you Tread for all your support, so, we have to enter a trade only whith trix in the direction of the trade? when the EMA and ADX were in place?
passion and discipline
  • #20,668
  • Oct 4, 2010 9:35pm Oct 4, 2010 9:35pm
Quoting rohule
congratulations, i need more balls to enter a trade like that, you dond mind abouth the time? i only trade uk and us session, more vol.
have a good one!

Turned into a good one
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  • #20,669
  • Oct 4, 2010 9:36pm Oct 4, 2010 9:36pm
Quoting Tread
No Alcohol...it a depressant, the idea is to stay away from anything that is habit forming.

When i do get tired, lights go off, bose headset on, and lie down, body still needs to rest, i met even hit rem sleep before waking up again. When it get bad there is medication
Bose, you have nice taste.
im a buddist, it helps to keep my mind in alfa state, i can relax when im in trading, i find that the meditation its good, also i can impruve some entry methoth with the meditation and it helps me out when i need to sleep. and also i do a lot of exelcise, i like mountain bike. you can try those thinks.
have a good one!
passion and discipline
  • #20,670
  • Oct 4, 2010 9:42pm Oct 4, 2010 9:42pm
good entry good pips!

i dond know if i need to have all red or all green in the chop hysto to enter, its that a good entry?
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passion and discipline
  • #20,671
  • Oct 4, 2010 9:48pm Oct 4, 2010 9:48pm
Quoting rohule
good entry good pips!

i dond know if i need to have all red or all green in the chop hysto to enter, its that a good entry?
Remember all these indicators, except PRICE...... lag
  • #20,672
  • Oct 5, 2010 4:04am Oct 5, 2010 4:04am
Possible scenario,be carefull.
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  • #20,673
  • Edited 7:01am Oct 5, 2010 4:50am | Edited 7:01am
Hi friends,
I started tu use THV while ago. Just one question. ALL ADX doesn't show the TF labels very often. If I scroll the chart back the labels appear.
Is there a way to fix it or it just happens sometimes and it is not necessary to care about it?

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EDIT: It's OK. It disappear when the scale max is less than aprox 65.
Follow my trading on Twitter and FB: @pumlitch
  • #20,674
  • Oct 5, 2010 4:55am Oct 5, 2010 4:55am
Hi Tread,

Another method for entry you mentioned was the EMA retracement, as shown in the videos you posted. Where do you take the entry point for these?

Do you: 1. Take entry after a retrace between 13 and 21 EMA and hope it will carry on the trend? (not waiting for trix cross)

2. Take entry after retrace between 13 and 21 EMA and then wait for trix confirmation on M1 with ADX?

3. Take entry after retrace between 13 and 21 EMA and then wait for trix on m5 and adx (at which point it seems very late)?

4. Take entry after retrace between 13 and 21 EMA and then wait for M1 trix cross, adx and supported by M5 fast trix?

5. Take entry after retrace between 13 and 21 EMA and then wait for M1 trix cross, adx and supported by M5 fast trix, slow trix and m15 fast trix (at which point it seems miles too late)?

or another method?

Thanks Tread
  • #20,675
  • Oct 5, 2010 4:59am Oct 5, 2010 4:59am
Hi all,

Was anyone in one the GBPUSD trade this morning. I was in until yesterday's high, then exited as news pending that was forecast not favourable. Although I bagged good pips, had I stayed in I could have bagged 35 pips more. Is this just one of those cases where I did right as news could have impacted the opposite way? Or should I have stayed in?

Some advice please?
  • #20,676
  • Oct 5, 2010 5:14am Oct 5, 2010 5:14am
Quoting pips r us
Hi all,

Was anyone in one the GBPUSD trade this morning. I was in until yesterday's high, then exited as news pending that was forecast not favourable. Although I bagged good pips, had I stayed in I could have bagged 35 pips more. Is this just one of those cases where I did right as news could have impacted the opposite way? Or should I have stayed in?

Some advice please?
Hiya

Yeap i was in it left it in through PMI
The Kamakazi
  • #20,677
  • Oct 5, 2010 5:19am Oct 5, 2010 5:19am
Quoting pips r us
Hi Tread,

Another method for entry you mentioned was the EMA retracement, as shown in the videos you posted. Where do you take the entry point for these?

Do you: 1. Take entry after a retrace between 13 and 21 EMA and hope it will carry on the trend? (not waiting for trix cross)

2. Take entry after retrace between 13 and 21 EMA and then wait for trix confirmation on M1 with ADX?

3. Take entry after retrace between 13 and 21 EMA and then wait for trix on m5 and adx (at which point it seems very late)?

4. Take entry after retrace between 13 and...
Hi Pip

I am still trying to bring it in to the thv method, as it is typically a standalone type entry.

The general premise is that the ADX and Trend (34EMA) have to still be strong What THV adds to the method is momentum. In testing, with the 13/21 compressing, I get better results with just using the Fast Trix and Waiting for it to clear the Ichimoku (setting 2/2/8).

Regarding the news, you did the right thing. whether or not the news is expected to be good/bad in support of your current trade, once the news is released the market can flinch, this can cause you sl to be easily hit before it corrects itself in the other direction.

Protect you gains and capital. I rather commiserate leaving pips on the table rather than risk loosing it all.
  • #20,678
  • Oct 5, 2010 5:35am Oct 5, 2010 5:35am
BL888,

What made you stay in throughout the PMI release? Was it because the trend was strongly established or were you just risking it because you already had your capital protected?
  • #20,679
  • Oct 5, 2010 5:37am Oct 5, 2010 5:37am
Thanks Tread. Good to know I'm making progress in my decision making ;-)
  • #20,680
  • Oct 5, 2010 5:56am Oct 5, 2010 5:56am
Pip see pic attached.

This was from last night. This was on the EURAUD, 45 mins after the 100pip change in price.

I used the reentry for the EMA Compression, Ichimoku Clearance, Fast Trix. I also waited for price to clear recent high/close.

Second Picture is on the same trade on the M5, notice how the trend line remain nice and smooth?
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