- Search Energy EXCH
-
chamane replied Sep 7, 2019This is a very good observation. We should always look at the big picture.
Hidden divergence
-
chamane replied Sep 7, 2019newtraderer, The way I see it, there was no divergence pattern to the downside (see red lines). The only pattern I see is a hidden divergence to the upside (see yellow lines). If you decide to buy, I would wait for price to cross the red line. ...
Hidden divergence
-
chamane replied Sep 6, 2019I jumped on this opportunity this week. A hidden divergence pattern on the Weekly chart and a regular divergence on the Daily at the same time. I entered the trade aggressively after the cross of the trendline because I didn't wait for MACD to cross ...
Hidden divergence
-
chamane replied Sep 4, 2019Everybody has its own way for entering a trade. You can use price action combined with a trendline and the Fibonaci tool, or simply a signal from your preferred indicator. I suggest that you practice on a demo account, because backtesting with past ...
Hidden divergence
-
chamane replied Aug 30, 2019I agree. No trade for me this week for this strategy. Looking more Daily and Weekly charts.
Hidden divergence
-
chamane replied Aug 17, 2019Hi, I suggest you read this post where I explain most of my rules.
Hidden divergence
-
chamane replied Aug 15, 2019My first entry in the trending zone gave me +4 pips after bringing my stop loss to breakeven. Price had reached half my risk in profit. My second entry gave +33 pips, a RR of around 1:1,5. We are still in the trading zone, more entries are possible. ...
Hidden divergence
-
chamane replied Aug 14, 2019Market finally decided to move. HD pattern on the Daily chart. First entry in the trading zone. image
Hidden divergence
-
chamane replied Aug 13, 2019Verde, You can trade directly on the timeframe where you spot the hidden divergence pattern. Then you can use major Fib levels, cross of a trendline or price action to enter the trade. If you choose a smaller timeframe for your entry after spotting ...
Hidden divergence
-
chamane replied Aug 13, 2019Personally, I would not enter trades after such a big move.
Hidden divergence
-
chamane replied Aug 13, 2019From my experience, it happens often. Having a regular divergence on a smaller TF in the direction of the HD is a strong tool to consider, but it is not the only one. Here are the tools I am using in a smaller timeframe: The cross of a trendline. ...
Hidden divergence
-
chamane replied Aug 7, 2019AUDUSD. +40 pips in the trading zone. image CADJPY. +35 pips in the trading zone. image NZDJPY. +101 pips in the trading zone. image NZDUSD. +72 pips in the trading zone. image
Hidden divergence
-
chamane replied Aug 6, 2019The trading zone I use starts when MACD crosses the zero line on the intermediate chart and ends when it crosses it back.
Hidden divergence
-
chamane replied Aug 5, 2019Hidden divergence pattern on the Daily chart (lime vertical line), start of a trading zone on the 4 HR (red vertical line) and awaiting entry signal on the 30 min (blue rectangle and yellow circle). image Same for SilverEuro. image
Hidden divergence
-
chamane replied Aug 5, 2019Here are some examples of hidden divergence patterns (vertical lines) that didn't materialize. We must not rush trade entries, opportunities will be numerous enough. image
Hidden divergence
-
chamane replied Aug 5, 2019Hi, You can find an explanation of a situation describing the method I use in this post. Here is a guideline for chart use: image Of course you can enter trades on each TF category, but drilling down allows to lower the risk and the cost averaging ...
Hidden divergence