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chamane replied Jan 11, 2020Another HD pattern developing on the Daily USDCAD chart. Potential entry on the 4 HR TF.
Hidden divergence
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chamane replied Jan 11, 2020Here the Hidden Divergence pattern started to be seen a few days ago, but price continued its way down. The pattern is still valid as long as price does not cross the support line. Watching for a possible entry on the 4 HR chart.
Hidden divergence
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chamane replied Jan 11, 2020Another active Trading Zone on the GBPNZD 30 min chart. But we have to be aware of the spread usually high for that pair.
Hidden divergence
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chamane replied Jan 11, 2020Another Tading Zone situation on the 30 min chart during a HD pattern on the Daily TF. The only caveat I see is that the trend is upward on the Weekly chart.
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chamane replied Jan 11, 2020I missed the entry on the 4 HR chart. Since it is the start of a Trading Zone, I can wait for entries on the 30 min TF.
Hidden divergence
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chamane replied Jan 11, 2020Here an entry could have been made after price crossed the trendline. I prefer to wait for a MACD signal. I'll see after the opening tomorrow and maybe place a pending buy order a few pips past the resistance line.
Hidden divergence
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chamane replied Jan 9, 2020drsa1970, I believe that when using a Trading Zone in a Cost Averaging approach, it is better not to enter a trade if you missed a winning one before in the Zone. The principle is to have a winning situation overall. EURNZD is a good example. You ...
Hidden divergence
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chamane replied Jan 8, 2020There were a few pips to be made with EURNZD. I just missed the first entry in the Trading Zone.
Hidden divergence
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chamane replied Jan 8, 2020Also waiting for bearish entries on the EURJPY 2 HR chart in the Zone. HD pattern on the Weekly TF and regular divergence pattern on the Daily.
Hidden divergence
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chamane replied Jan 8, 2020The Trading Zone is on, so watching for bearish entries on the 2 HR timeframe.
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chamane replied Jan 8, 2020The candle closed, but MACD did not cross the zero line as price went up. So still waiting with NZDCAD.
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chamane replied Jan 8, 2020Usually price retraces before any signal is given by the indicator in the Trading Zone. If you get a signal in the Zone with the first 2HR candle, then it is valid.
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chamane replied Jan 8, 2020drsa1970, The HD pattern is still developing on the Monthly chart. The downward direction is supported by a bearish regular divergence pattern on the Weekly and another one on the Daily TF. For me, there will be a Trading Zone starting at the close ...
Hidden divergence
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chamane replied Jan 8, 2020For me. the Trading Zone will start at the close of the actual candle. Right now, there seems to be some indecision on a support level. image
Hidden divergence
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chamane replied Jan 7, 2020[quote=vitall;12691517] Agreed. But in the mean time, there is still no bearish signals triggered so far and you could have made a few bullish pips. The HD pattern still under development on the Weekly chart, you could have started from the bullish ...
Hidden divergence
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chamane replied Jan 7, 2020Here's how the setup spotted earlier turned out so far. A few pips made in the 5 min Trading Zone. Unfortunately, I wasn't there to enter the trade. image
Hidden divergence