How to opt out annoying user signatures ??
THV system, final edition
Hi misspips,
took this morning this trade:
Buy @9:50 (gmt+2)
When I took the trade trix 1m fast was also green.
From my point of view all conditions have been good:
- rainbow flipped 5m and 1m visible
- overall trend up
- trix 1m fast fresh green (near zero)
- trix 5m cross fresh
- trix 15m fast/slow both green (near cross)
- 1m retracement after last high ~10 Pips
- distance to next resistance (FPV) big enought to take profit (10 Pips)
Any thoughts from your side, not to take such an entry.
took this morning this trade:
Buy @9:50 (gmt+2)
When I took the trade trix 1m fast was also green.
From my point of view all conditions have been good:
- rainbow flipped 5m and 1m visible
- overall trend up
- trix 1m fast fresh green (near zero)
- trix 5m cross fresh
- trix 15m fast/slow both green (near cross)
- 1m retracement after last high ~10 Pips
- distance to next resistance (FPV) big enought to take profit (10 Pips)
Any thoughts from your side, not to take such an entry.
- #21,983
- Jan 31, 2011 7:10am Jan 31, 2011 7:10am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts
Yes.
First 9:50 GMT+ 2 was 10 mins before Euro news and personally
I find it's best not to trade so close to news.
Second, for the classic version of this trade the 15m trix should be crossed above not just near crossing. You might take it when they are both green but not crossed if all the other conditions are excellent (like say a double rainbow flip there and 1m and 5m trix look great), but you have to remember that if you take it when they are just green but not crossed above you can end up with a 'trix failure' where the trix changes color...
Thank you for your analysis, it always helps.
Have you already taken a trade today ?
- #21,985
- Jan 31, 2011 8:11am Jan 31, 2011 8:11am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts
You're welcome. Also I forgot to mention that if you
add the pivots I supplied with the template you can
see that the weekly pivot is right on top of that
trade too. I haven't had a trade yet - the ones that
looked good to me were either too close to news or
too close to barriers.
add the pivots I supplied with the template you can
see that the weekly pivot is right on top of that
trade too. I haven't had a trade yet - the ones that
looked good to me were either too close to news or
too close to barriers.
Thank you for your analysis, it always helps.
Have you already taken a trade today ?
- #21,986
- Jan 31, 2011 7:50pm Jan 31, 2011 7:50pm
- | Joined Dec 2010 | Status: Trader | 1,581 Posts
How to opt out annoying user signatures ??
- #21,988
- Edited 10:46am Feb 2, 2011 4:56am | Edited 10:46am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts
I didnt see a nice looking one either. This setup is trying to get you into a trade when price has compressed, noting agreement and then broken out of that with a lot of momentum so you are trading in a one way market more or less. The Euro has been going up for 17 straight days with no retracement to speak of and yesterday it hit the 68 fib of the recent down move from Nov to Jan. So now it isn't such a one way market any more. A lot of times when you see a day like that the next day will be a reversal day compared to the previous trend or very choppy day because what causes a day like that is that you have sellers selling into the uptrend which is preventing the rainbow and the trixes from looking right. You notice that while yesterday was a big up day it didn't break out of the range and make that move until near London close, and this morning London has been selling also.-***
Edit: when you have a choppy market you wont get this setup. The whole point of it is that we want to trade when the relationship between the trixes is such that the two higher tf trixes hold their colors even when the 1m trix dips and preferably that the slow trix stays around zero during a dip which doesnt happen unless you have a lot of enthusiastic buying and selling
Edit: when you have a choppy market you wont get this setup. The whole point of it is that we want to trade when the relationship between the trixes is such that the two higher tf trixes hold their colors even when the 1m trix dips and preferably that the slow trix stays around zero during a dip which doesnt happen unless you have a lot of enthusiastic buying and selling
Hi all,
till now I didn't get a valid Rainbow setup today.
Perhaps I'm to careful.
Any other thought?
- #21,990
- Feb 3, 2011 8:22am Feb 3, 2011 8:22am
- Joined Jul 2008 | Status: #welcomebackGator | 2,418 Posts
- #21,992
- Feb 4, 2011 3:27pm Feb 4, 2011 3:27pm
Hi guys, I'm sure this has been asked before, though I don't feel like going through 20k posts;
How do I remove the "Before you start: blahblahblah" in the V4 templates? As soons as i delete the text it just pops back up
Please help
How do I remove the "Before you start: blahblahblah" in the V4 templates? As soons as i delete the text it just pops back up
Please help
- #21,993
- Feb 5, 2011 5:34am Feb 5, 2011 5:34am
Hi guys, I'm sure this has been asked before, though I don't feel like going through 20k posts;
How do I remove the "Before you start: blahblahblah" in the V4 templates? As soons as i delete the text it just pops back up
greetings
ps: I luv THV ! Thank you so much for this great system!
...and the last version.
http://www.forexfactory.com/showpost.php?p=3664192
http://www.forexfactory.com/showpost.php?p=3664192
Hi guys, I'm sure this has been asked before, though I don't feel like going through 20k posts;
How do I remove the "Before you start: blahblahblah" in the V4 templates? As soons as i delete the text it just pops back up
- #21,996
- Feb 5, 2011 12:22pm Feb 5, 2011 12:22pm
Hi, I want to know if I can change the default color (Firebrick & Green).
I've been trying in V3 and V4, but all came up with the same result.
FYI, I can change them, but only for temporary, as a change another TF, then all of sudden, the colour is change to default.
Sorry, I am a partial blindcolored that hardly to see the difference of colour red and green. So please help me.
I've been trying in V3 and V4, but all came up with the same result.
FYI, I can change them, but only for temporary, as a change another TF, then all of sudden, the colour is change to default.
Sorry, I am a partial blindcolored that hardly to see the difference of colour red and green. So please help me.
Hi !
You can cancel Heiken Ashi, for me it's not so important, i prefer the candlesticks, clean PA. So in this case you can choose the colour that youp prefer.
PS: Very important, the THV like FOREX itself it's not mechanical. You have to make your technical analyse first of all, and then THV rules.
Think !
You can cancel Heiken Ashi, for me it's not so important, i prefer the candlesticks, clean PA. So in this case you can choose the colour that youp prefer.
PS: Very important, the THV like FOREX itself it's not mechanical. You have to make your technical analyse first of all, and then THV rules.
Think !
Hi, I want to know if I can change the default color (Firebrick & Green).
I've been trying in V3 and V4, but all came up with the same result.
FYI, I can change them, but only for temporary, as a change another TF, then all of sudden, the colour is change to default.
Sorry, I am a partial blindcolored that hardly to see the difference of colour red and green. So please help me.
- #21,999
- Feb 6, 2011 3:17pm Feb 6, 2011 3:17pm
- Joined Nov 2008 | Status: Trader | 3,270 Posts
Hi, I want to know if I can change the default color (Firebrick & Green).
I've been trying in V3 and V4, but all came up with the same result.
FYI, I can change them, but only for temporary, as a change another TF, then all of sudden, the colour is change to default.
Sorry, I am a partial blindcolored that hardly to see the difference of colour red and green. So please help me.