well basically: 1. use 4H chart only- so far on eur/usd 2. indicator: use stochastic (5,3,3) 3. ATR last 14 periods identify a divergence and reconfirm with the stochastic for oversold/overbought levels enter the trade when the peak turns, decide ...

Anybody trade divergence on 4H chart? Can they share here pls...

I'm actually backtesting on divergence as of now... here's my cheat sheet version: 1. If u see an uptrend on the chart and there's a divergence on the "tops"- it's a reversal 2. if u an uptrend and divergence on the "bottom 2 points"- it's a ...

Divergence and hidden Divergence

with this... I just realised, which is best? 1. ECN 2. Fixed spread 3. variable spread Sorry I had to post a reply here for this topic since I'm a junior member I can't start a new thread yet also tell me why it's best? Thx people!

How long do you leave your trades open?

anyone read any kathy lien's book? any review? heard she's quite highly regarded

Forex Books

definitely 2-3% max per trade of your capital....

Let's talk money management

Hey I'm working on this too, need more opinion please... I'm also backtesting on 4H chart, thought about 2 options: 1. using a fixed SL for all trades: eg.50 pips on Eur/USD since that's the average size candle found using ATR 2. an idea from ...

Ideal Stop Loss

isn't it depended on the time frame you're trading? like min 6 months on 1H or 2 months on 5 min TF? I was also told 200 trades minimum to backtest before you proceed just an opinion from a beginner...

How far back is ideal for backtesting?