- Search Metals Mine
-
TradeWell replied Nov 20, 2008Yes, and the neckline is an area of known strong support anyway, so maybe it is somewhat of a confirmation that if that line is broken - down, down, down.
EURUSD
-
TradeWell replied Nov 20, 2008H&S seems to be forming on the 5 min. Can someone else look and give me your opinion?
EURUSD
-
TradeWell replied Nov 20, 2008I haven't seen cobra online today. I have been using it for EURUSD but I imagine it could work for those instruments too. Why not try it on demo and let us know?
THV system, final edition
-
TradeWell replied Nov 20, 2008Keep in mind everyone, sometimes we see strong sell signals in the 1 min and 5 min, but there can be strong S/R levels to limit PA ability to "breakout". I have seen this at least twice in the past 2 days. Be careful and watch closely.

THV system, final edition
-
TradeWell replied Nov 20, 2008Yes that lower wall seems to be quite strong. No matter how much the stock market drops, it seems that level keeps the correlation limited.
EURUSD
-
TradeWell replied Nov 20, 2008I don't trade any other pairs than EURUSD but I took a look at USDJPY. Since it has dropped over 100 pips the past hour or so, therein may lie your answer. JPY is preferred over the dollar it appears. That's my guess as I don't know the intricacies ...
EURUSD
-
TradeWell replied Nov 20, 2008I also incorporate alot of what is on acumen's website into THV. Very high percentage of success if you are patient and follow the rules. Human error is your greatest enemy!
THV system, final edition
-
TradeWell replied Nov 20, 2008It looks right as far as I can tell, but I don't trade that pair. Try it out on demo and see how it goes, and let us know.

THV system, final edition
-
TradeWell replied Nov 20, 2008That spike down was during the release of the unemployment news. In fact, it started a couple of minutes before Bloomberg announced it. You know somebody had advance knowledge. I don't know if you would have caught it, but maybe you are good at ...
EURUSD
-
TradeWell replied Nov 20, 2008Yes some trades can be small - that is normal for scalping. I enter trades only when the 5min meets the rules AND the 1 min shows me a good entry point. From there, the rules say to TP when PA crosses the blue line or when candle changes color. I do ...
THV system, final edition
-
TradeWell replied Nov 20, 2008ak4x may not see your message for a while. Not sure how much he checks this thread. He also is not using THV at the moment. However, cobra may have some more thoughts. I have been using the system and currently there is no exact entry but the rules ...
THV system, final edition
-
TradeWell replied Nov 19, 2008What I do is make sure the 5 min is meeting the rules for the direction of the trade. After that I wait until the 1 min meets the rules and enter based on that. Those are the only 2 TF's that I base my trades on. I think cobra does the same. ...
THV system, final edition