I can't believe how quick these weeks are going at the moment, another week is upon us. Kicking off with a GBPAUD trade as prices started to move into the European open and leading into the UK open. It'll be interesting to see if GBPAUD and EURAUD ...

Divergence Pip Range Trading

The GBP is providing most of the moves today with the Euro being very laboured and stuck in a very tight range. GBPAUD weakened right off below the 1.6300 handle and reached key support around the 1.6280 mark and I felt it was worth the risk to see ...

Divergence Pip Range Trading

A nice result on GBPAUD on a trade I took post UK news. Despite positive data, GBP seemed reluctant to go higher and when price near enough reached post news highs, it seemed a good spot to get short. In the past I've tried to battle technicals and ...

Divergence Pip Range Trading

Last day of the week and can hopefully cap off a good one. Played 9 holes of twilight golf which was good fun. Currently in a trade but going nowhere fast, markets have fallen asleep for the time being.

Divergence Pip Range Trading

Final trade of the night with GBPUSD popping to session highs and straight into the cam level on the time based chart. These work time and time again and cannot iterate how reliable and how useful I find them. I have also decided to remove the CCI ...

Divergence Pip Range Trading

Morning. An interesting trade here on GBPAUD. The Pound pumped higher on order flow given there was no news being reported on the wires and GBPAUD reached a good level of potential activity. More than likely entered a touch too soon but given the ...

Divergence Pip Range Trading

Blimey, what an insanely boring UK session that was! Tedious to watch but grinding away can sometimes be that way. Last trade of the night on EURUSD prior to NY open with price seeming to find support on at the 1.0645 area. Took +23 which is ...

Divergence Pip Range Trading

GBPAUD going up and down like a yoyo. Here's a 15 min chart and why I was interested in the long: image Given the overall trend is still currently long aswell, it seemed a logical trade. I added to the trade once price had cleared the Tenkan San ...

Divergence Pip Range Trading

Hump day is here! A little bit of a frustrating trade despite it being a good result. I was extremely cautious that the range was only 44 pips on GBPAUD and I took the approach of going in with half size to potentially add to the trade if it kept ...

Divergence Pip Range Trading

I did a further trade last night that seemed to take forever to develop and I ended up going to bed before a final result eventuated as I was just too tired. EURAUD after drifting off prior to the UK session spent most of the UK session ambling ...

Divergence Pip Range Trading

Over what period are you referring to, as historically, they are very well correlated. image

Cable Update (GBPUSD)

An interesting start to the day with some very large moves firstly in AUD pairs earlier in the day and then to kick off the London session the Pound went on an absolute tear. I haven't found the source yet, maybe some stops being triggered plus a ...

Divergence Pip Range Trading

I've spoken about the daily open level fairly recently and another trade from the activity on the daily open level on GBPAUD. Price descended to the opening area and the AO made a substantially higher low. +25. image Most likely done for the night ...

Divergence Pip Range Trading

Another week begins! A small trade on EURUSD and the timing was everything. Whilst I don't trade from time based charts, I do often pay attention to the time I am entering a trade. From my perspective quite frequently you will see a large sized move ...

Divergence Pip Range Trading

Thanks, Hann, hope your trading is going well.

Divergence Pip Range Trading

A small trade here on GBPUSD prior to the NFP data later this evening. Whilst GBPUSD was absolutely hosed down yesterday, on the 4 hour chart, price is still by definition in an uptrend and price was reaching the EMA and support level: image With ...

Divergence Pip Range Trading

Hi Manel, this is something that I occasionally think about. It doesn't play a primary key decision maker but I would say I use it to support a trade idea. Whether price is below/above the Tenkan Sen or is price being held in the cloud and look at ...

Divergence Pip Range Trading

Well, an adventurous trade and probably a fortuitous one and a big advantage of having a broker with extremely good spreads. IC Markets ECN offer zero spread on EURUSD during peak trading hours and this trade missed my stop by 0.1 of a pip. I was in ...

Divergence Pip Range Trading

Taking my ball and turning in for the night with the stop at -15. Will post chart in the morning, perception probably being affected by the sheer weakness of the GBP. NFP tomorrow so plenty to look forward to.

Divergence Pip Range Trading

After watching the absolute carnage on GBP pairs, I'm in a short on EURUSD from 1.0813. Absolutely huge 400 pip move on GBPAUD and had the urge to try and long it but stayed away and realised that it's simply a one way train and didn't pick any ...

Divergence Pip Range Trading