THV V2 Trading System

January 18, 2009 by hyiperz

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This is Thv V2 forex trading system and indicators, The main fx thv indicator V2 rules:

Entry: PA (price action) and blue (aqua) T3 line crosses the Ichimoku cloud and the candle is in color of direction (red -> short, green -> long),
We only enter short under the cloud and vice versa.
Above the Coral (red,green,yellow slope) we take only long trades and vice versa.
Both Trix lines pass the zero level and hide in our trading direction

Exit: Candle change color and / orprice passes the blue (aqua) T3 line depending on the situation

Indicators:
The green and red “worms” in the indicator window are RSI and show overbought and oversold areas and it is a sign that the PA may stop ore reverse soon.

The green and red line in the indicator window (T3 Trix) show us early possible trend changes on cross, divergence and oversold and overbought areas, the levels change automatily with the TF.

The Coral line (named so for the highly venomous Coral snake witch is similar colored), on the main window, shows us the direction on the TF we are trading,
We go only long above that line and vice versa.

The Ichimoku cloud give us the decision to witch direction to trade, above only long, below only short.

The blue T3 line is our main indicator and gives us entry and exit as PA cross

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.

THV V2 Forex Trading System is a Multi timeframe setup, you don’t need to change anything jumping from one TF to the other. The 1M TF is only for extreme scalping and needs good FX skills !!!