1 Min THV Flag Trading | Page 22 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

THV system, final edition 26,001 replies

THV 4 system with SAH; My Trading Journal 163 replies

Bow's trading journal (THV, Hmaoui simple system) 4 replies

Day trading journal using THV 6 replies

Mysterio's Trading Journal (based on THV) 34 replies

Attachments: 1 Min THV Flag Trading
Exit Attachments

1 Min THV Flag Trading

  • #421
  • Oct 13, 2011 12:33pm Oct 13, 2011 12:33pm
Thank you, JTee1, for your explanation, this helps very much. As I see now, you do not trade 30 min prior news / 10 to 15 min after news at all. Not only if the FF calender says that news is regarding to EUR or USD but also if news is regarding to other currencies such as CAD. And it is important to respect pivot levels and to learn patience Today I found one entry and it ended up as a winner because I did not move SL to BE. I entered after 30-40 pips down movement after a little retrace. It would be interesting to read what you think about this entry, was it to risky?

Quoting JTee1
Marian

I try not to trade right into resistance or support. Again trade was by rules, but i would have been counting waves also, by my count you bought in wave 5 at Resistence. I let price break through resistance and wait to see if it will turn into support then a break of donchian. News and S&R have been my losers. I typically take 1 trade a day and go for 1 percent gain and then I'm done. As they say i wait for all the stars to align, I need a good setup no s&r level and if...
Attached Image (click to enlarge)
Click to Enlarge Name: 11-10-13-01.jpg Size: 132 KB
  • #422
  • Edited 6:09pm Oct 13, 2011 5:35pm | Edited 6:09pm
Well played sir. Our trades mean nothing to the market at least as far as moving the market. The banks pushed that first 30 to 40 pips move. we are just waiting for it to slow down and hitching a ride when we can. This same trade can be executed without any indicators. I know we are on the 1 minute but zoom your chart as small as possible and look at the wedge the market dropped out of and even broke the low of the day.
The chart i marked up is 10 hours in the green box, 600 one min candles. or 40 fifteen min candles.
This is the basis for Pro ACT Charts and trading system, jump in on breakout candles and wait for retrace and enter. They use a proprietary charting system based on 10 min charts.

Happy Trading JTee1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 10.13.11.JPG Size: 197 KB
Click to Enlarge Name: 10.13.11 15 min.JPG Size: 262 KB
  • #423
  • Oct 14, 2011 10:30am Oct 14, 2011 10:30am
Great, that makes sense Did you take that trade at 04:20 EST yesterday even though there were news at 04:30 EST according to the FF calendar (UK/Trade Balance)?

Today I could not find a good entry between all those r&s levels. Do you take a trade even if there is only a little trix retracement like today at 09:18 EST on cable? I did not dare to enter but it would be a winner:
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 149 KB
  • #424
  • Oct 14, 2011 12:13pm Oct 14, 2011 12:13pm
Hey JTee1, could you check this? Where would a good place have been to put entry? I added a MTF stochastics. Thanks!!
Attached Image (click to enlarge)
Click to Enlarge Name: EUFRIDAY.jpg Size: 251 KB
  • #425
  • Oct 14, 2011 5:30pm Oct 14, 2011 5:30pm
JTee1, you say you don't trade 30 mins' before or until 15 past news. What news? All or just the major news announcements? Also, how are you using Ultra-stochastic indi on your charts? Thanks..keep it up! GB
  • #426
  • Oct 15, 2011 3:06pm Oct 15, 2011 3:06pm
Marian


I did not take trade yesterday at 4:20, in chart was just illustrating 1 min triggers and how it was coinciding on 15 min chart. Breaking of a high or low of the day.
As far as entries in S& R levels yes if i have 7 to 8 pips breathing room i will take trade and watch carefully a color change of Heiken Ashi candle while straddling a S&R level will cause me to set to BE quickly or maybe exit. E/U had a little better retracement at same time period. Lower spread also.
Again 9:18 trade was new High of the day and slight stall or retrace after break of R2 and continuation with 15 pips room to next resistance at MR3.

Most good runs will be in an overbought or oversold condition, much as the 1 min trix was approaching. This happens frequently in a 4 tf Harmony.

Price action is our best indicator when it retraces from donchian channel and breaks through again after making a new high or low of the day with 4 TF Harmony, believe it.

Happy Trading JTee1

Quoting marian
Great, that makes sense Did you take that trade at 04:20 EST yesterday even though there were news at 04:30 EST according to the FF calendar (UK/Trade Balance)?

Today I could not find a good entry between all those r&s levels. Do you take a trade even if there is only a little trix retracement like today at 09:18 EST on cable? I did not dare to enter but it would be a winner:
Attached Image (click to enlarge)
Click to Enlarge Name: EU Same time.JPG Size: 202 KB
  • #427
  • Edited 3:32pm Oct 15, 2011 3:21pm | Edited 3:32pm
At the retrace where you placed the Question mark. 4 TF Harmony. new high of day, then retrace, break of donchian, 15 pips to next Resistence. Price I marked on 15 min chart coincides with entry at Question mark.


Quoting goldenboy
Hey JTee1, could you check this? Where would a good place have been to put entry? I added a MTF stochastics. Thanks!!
Attached Image (click to enlarge)
Click to Enlarge Name: EU.JPG Size: 70 KB
Attached Image
  • #428
  • Oct 20, 2011 5:02am Oct 20, 2011 5:02am
Had to hit the forex ATM before work today. Got in 1 bar earlier then early entry after nice move . I had 15 pip to next Resistance at MR1 which had already been broke then retrace for early entry. Very little trading this month due to other commitments, sorry but job and trying to get my own thing up and running is time consuming. Asian market is when i'm home and to slow for me.

3% today

Happy Trading
JTee1
Attached Image (click to enlarge)
Click to Enlarge Name: 10.20.11.JPG Size: 131 KB
  • #429
  • Edited Oct 21, 2011 4:42pm Oct 20, 2011 4:57pm | Edited Oct 21, 2011 4:42pm
This mornings trade on 15 min chart any one seeing a pattern of winning trades. I know were on the 1 min chart but what are we basing our decisions off of. A little Sarcasm in this post due to private messages I get regarding 1 min trading and I will lose my ass trading 1 min TF. All decisions to trade are based from Higher TF and good movement then retrace then enter. I've been posting a 15 min chart showing where trades show up there also. To many people want a buy and sell button handed to them and no evaluation and no risk and all winners. Well good luck, losses are part of the game, pick an indicator do the math and probabilities of success to loss ratio and trade it. This thread is setup to not stare at charts all day, let pc call you when conditions are right, then make an evaluation off of your forex knowledge. I do not take every trade nor should you. To many trades outside of rules and times to trade and wonder what happened.

1. Four green lights and go. no
2. 4 tf harmony of higher tf charts. yes
3. Set at pc and watch one minute candles all day. no
4. Predetermined trade times by news calender, and Alert calls you to pc for right conditions. yes
5. Chase market. no
6. Wait for retrace after a decent move when we predetermined it may breakout, and set stop orders for market to come to you. yes
7. Two possible entries early and break of previous high or low for trend to continue.
8. Manage trade. yes
9.Are we confident in our trading system. I am, and if your not you should be or no trading
10. Is this the best and only trading system. No

Happy Trading
JTee1
Attached Image (click to enlarge)
Click to Enlarge Name: 15 min 10.20.11.JPG Size: 148 KB
  • #430
  • Oct 21, 2011 4:17pm Oct 21, 2011 4:17pm
News release, nice movement, retrace, moving back to trend and toward donchian entry, entered early with CCI, 7 min later trade closed 2% gain.

JTee1
Attached Image (click to enlarge)
Click to Enlarge Name: USD CAD 11.21.11.jpg Size: 147 KB
  • #431
  • Oct 24, 2011 5:12am Oct 24, 2011 5:12am
2% gain

JTee1
Attached Image (click to enlarge)
Click to Enlarge Name: 10.24.11.JPG Size: 135 KB
Attached Image
  • #432
  • Oct 24, 2011 10:22am Oct 24, 2011 10:22am
child's play
Attached Image (click to enlarge)
Click to Enlarge Name: trade.jpg Size: 266 KB
  • #433
  • Oct 24, 2011 3:34pm Oct 24, 2011 3:34pm
someone asked for my template so here it is ...
Attached File(s)
File Type: rar JTee1System.rar   100 KB | 609 downloads
  • #434
  • Oct 24, 2011 6:49pm Oct 24, 2011 6:49pm
Nice trade Marian

JTee1

Quoting marian
child's play
  • #435
  • Nov 3, 2011 4:01am Nov 3, 2011 4:01am
Been to busy to trade daily. I've been trying to catch a few in later part of London AM session. When I cant sleep.

Crap went on to make it Oh Well!!

JTee1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 11.3.11 EU.jpg Size: 185 KB
Click to Enlarge Name: 11.3.11 EU made it.JPG Size: 220 KB
  • #436
  • Edited 4:16am Nov 3, 2011 4:13am | Edited 4:16am
I would take the first trade setup for Early entry after 5:40 and 10:10 EST today. Off to work i go!

Happy Trading
JTee1
  • #437
  • Nov 4, 2011 4:56am Nov 4, 2011 4:56am
Attached Image (click to enlarge)
Click to Enlarge Name: 11.4.11 EU.JPG Size: 275 KB
  • #438
  • Nov 5, 2011 1:25am Nov 5, 2011 1:25am
I repeat JTee1

http://savepic.su/589931m.jpg

Happy Trading
  • #439
  • Nov 5, 2011 8:01pm Nov 5, 2011 8:01pm
Break of old high or low is high % trade for me and a good bounce off of trend line. Slingshot on CCI also. Well played my friend

Quoting Daytrader_UA
I repeat JTee1

http://savepic.su/589931m.jpg

Happy Trading
Attached Image (click to enlarge)
Click to Enlarge Name: Daytrader.png Size: 481 KB
  • #440
  • Nov 7, 2011 8:20pm Nov 7, 2011 8:20pm
One went 62 pips the other 42 pips. The only trades from the London and US sessions that qualified for an entry. Patience is the key


Attached Image (click to enlarge)
Click to Enlarge Name: 2 gr8 entries with normal or early entry.JPG Size: 198 KB
0 traders viewing now