A video of a setup forming this evening: url

Divergence Pip Range Trading

Yeah, it's quite often I'll wake up to the reverse of the London move. That being said, I do prefer trading the London session.

Divergence Pip Range Trading

I wouldn't so much as say the pattern repeats at that time but more often than not you'll see the open produce some movement and typically a setup will or have occurred off of the that move.

Divergence Pip Range Trading

It's been a relatively quiet night in terms of taking trades and I've had to stay patient waiting for the right setup. GBPUSD pushed higher as I posted above and ran right into the 85 EMA: image Looking at the pip range chart, price made a higher ...

Divergence Pip Range Trading

I've mentioned before the importance of the position of price relative to a decent support/resistance area and GBPUSD has thrown up an excellent example. Firstly the pip range chart; it formed a great looking divergence but one key factor here is ...

Divergence Pip Range Trading

First trade of the night with GBPAUD. I took a couple of entries and the first one was based on price being near the daily open level and felt price had a good chance of going higher. However price wanted to go lower first and used a 2nd entry for ...

Divergence Pip Range Trading

Hello from a very wet Gold Coast! Cyclone Debbie is emptying itself and falls of upto 500mm in 24 hours being expected. Hopefully a good session in store today.

Divergence Pip Range Trading

I guess the biggest thing to note on that trade is the near double top, remember these are pip charts and it was only 2-3 pips from a double top. It can't always be inch perfect and I find it's best when you trust your instincts and rely on past ...

Divergence Pip Range Trading

Hi BT, I was not representing hidden divergence. Just regular with a higher high in price and a lower high with the AO.

Divergence Pip Range Trading

Last trade of the night on GBPAUD. A near 130 pip rally from the daily low back to the daily open gave a good setup. Article 50 is being debated in the House of Commons also which is creating plenty of movement in both currencies. +18 to finish the ...

Divergence Pip Range Trading

EURAUD presented the exact same trade but laid out slightly differently. This time price formed a double bottom whilst the AO made a sharper higher low. +15 again. image I don't I've ever had opposing trades on a AUD based pair but I was also ...

Divergence Pip Range Trading

First trade of the night with EURAUD and had to wait a while for the necessary level to be hit. Looking at the 4 hour chart, the 85 EMA is a perfect spot for a potential bounce: image Looking at the pip range chart, price has been under pressure ...

Divergence Pip Range Trading

Well! Seems the US Dollar went on a massive rip pretty much as soon as I went to bed. Let's see what today brings.

Divergence Pip Range Trading

It's gone incredibly flat so will call it a night and be back tomorrow.

Divergence Pip Range Trading

Here's a video with reference to the divergence method and a potential setup. Watch from 4 minutes for divergence trading only. url

Divergence Pip Range Trading

2nd trade of the night with GBPUSD. These sort of setups are fast becoming what I am mostly looking for. Price was hard up against the cam level as evidenced below and price was consolidating around the 1.2590 level. Once the Kijun Sen was broken, ...

Divergence Pip Range Trading

I'd say immediate support at 1.0840 is the key as to whether it can remain bullish. Don't forget sentiment is heavily retail short which should relate to it going higher for the time being.

EURUSD

A couple of trades here on EURAUD. One problem of not having enough screen real estate is the ability to check all elements and I was a bit too eager to get involved on the first attempt. On reflection it wasn't a particularly good level and a bit ...

Divergence Pip Range Trading

Hi one and all, Another lively Asian session and start to the London session, looking to take advantage of some of this movement.

Divergence Pip Range Trading

Last trade of the night on GBPUSD. It broke to new daily/session highs and was looking very over cooked and spotted what I thought was a good entry. Closed it out maybe too early at +10 but it's late here and time for some rest. Back tomorrow. ...

Divergence Pip Range Trading