6/16/09

THV v3 by CobraForex

This is my main Trading System. It is one of the profitable systems i ever find. And the Proof is that i really changed my view to Forex trading and kinda start to feel Price Action. Second reason is that when i demo trade it, i see that my account is starting to grow and there is a high potential to be long term trader. Sure this is not an "Click-And-Go" TS, but having some FX skills and good MM, R/R you will success for a long time. I adapted THV to my trading style to be comfortable with my trades. Here are the main links of forums where you can find a lot of stuff and learn more about THV. Also i will present here the main rules, indicators.


THV thread at - ForexFactory.com
THV private thread (Home of THV) - Forum.CobraForex.Com


The main THV V3 rules...

Entry: Above Coral only long, below Coral only short

Price crosses cloud - both Trix cross each other and have the same color.Best and most secure trend confirmation is a cross of the fast Trix on the zero level.

Exit: Faster Trix changes color and/or touch of a known good resistance/support level.

Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 - 20 - 50 - -80) or a black cat that cross your screen.

Stop Loss: please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.

Indicators and templates are in archived file with an explanation manual (Main rules, indicators )

Have a good trading...



THV V3.rar

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