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chamane replied Apr 17, 2019A HD pattern on the EURCAD Daily chart and a "cost averaging trading zone" starting on the 4 HR chart. From now on, every cross of the MACD zero line on the 30 minutes chart is an entry signal until the end of the trading zone. image
Hidden divergence
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chamane replied Apr 16, 2019Watching this pair closely on the Weekly chart where a HD pattern starts to show up. Entry signals haven't been triggered yet on the Daily chart. image
Hidden divergence
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chamane replied Apr 15, 2019Hi, Lots of questions, I see that you are looking into HD seriously. I don't have answers to all, but here are a few comments: a) I don't use EMA's the way you do, so I can't tell which one would be better for pullbacks. I do use the Fibonacci tool ...
Hidden divergence
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chamane replied Apr 13, 2019Weekend is time to look back at the opportunities that we took and those we missed. It gives us the opportunity to step back, evaluate what we should have done and therefore optimize the way we manage our trades. On the 4 HR charts, I spot 6 ...
Hidden divergence
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chamane replied Apr 9, 2019HMi, Here is what he says about his use of timeframes: "I have discovered that the key to success is to reference two time compressions that have a ratio between 8:1 and 12:1. For example, if I use the 10-minute chart with the two-hour chart, or the ...
Hidden divergence
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chamane replied Apr 9, 2019mtharwat, Answering your questions, here are charts showing 3 TF. In the first one, we see a HD pattern forming (red vertical line). I then switch to the next lower TF to confirm the pattern as soon as MACD crosses the 0 line (blue vertical line). ...
Hidden divergence
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chamane replied Apr 9, 2019Watching this pair closely. Might be going down soon. image
Hidden divergence
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chamane replied Apr 8, 2019Here is a losing situation. A HD pattern on the Daily chart, but price reversed after the cross of the MACD line on the 4HR. There were some low impact news for the CAD that probably strengthened the currency, Actually, if I had used Greene's ...
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chamane replied Apr 8, 2019Hi mtharwat, Here are some comments on your observations. On the Daily chart, I prefer to use swing highs/lows that are next to one another. In the example, I would analyze the chart with the doted lines instead of the bold yellow lines. I know ...
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chamane replied Apr 8, 2019Hi, I prefer hidden divergence because we are trading in the direction of the trend. However, I also look at regular divergence and the method proposed in Greene's book "Turning losing Forex trades into winners" and wich I discussed in my previous ...
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chamane replied Apr 8, 2019Hi, I set my stop loss levels at last swing highs/lows. I adjust the number of lots to get a 2% risk. If the last swing level is too far away from the entry, I skip the trade.
Hidden divergence
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chamane replied Apr 8, 2019Hi, I mentioned it in the post #1832. You can get it at your favorite bookstore like Amazon or Goodreads.
Hidden divergence
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chamane replied Apr 7, 2019Here are the opportunities of trading a hidden divergence pattern I see at the start of this week on Daily charts. image image image image
Hidden divergence
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chamane replied Apr 7, 2019Hi Jube, Here is an example of a recent price move to illustrate my point: The first chart on the left shows that the indicators are getting higher levels than their last swing highs, but price is still lower than the last swing high. That is when I ...
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chamane replied Apr 5, 2019Here is food for thoughts on managing a trade in a hidden divergence situation: we identify a HD pattern. On the 4 HR chart, the oscillators were making lower lows crossing the horizontal dotted line, but price was going the other way. This is the ...
Hidden divergence
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chamane replied Apr 4, 2019A few GBP pairs are showing a forming HD pattern on the 4 HR chart. Just loike this one. Waiting for MACD to cross the zero line on the 1 HR chart.. image
Hidden divergence