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chamane replied Dec 1, 2016Finally got stopped out. Should have paid more attention to the doji on the 4HR chart. image
Hidden divergence
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chamane replied Dec 1, 2016This is not an ideal situation despite the clear HD pattern on the 1HR chart because of the ranging trend on the 4HR. Also price is above the 4HR Tenkan and Kijun. image
Hidden divergence
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chamane replied Dec 1, 2016Here's a situation where timeframes are in conflict. It happens often. My feeling is that price will go down because of that wicky candle on the daily chart. Also because price is bouncing at the down kumo on the weekly chart. But price will tell. ...
Hidden divergence
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chamane replied Nov 30, 2016Going to sleep. Wil see how it did in the morning. image
Hidden divergence
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chamane replied Nov 30, 2016Interesting. For such high RR, I would not forget to check the big picture on higher timeframes. But that is up to the trader. I personally bring my stop loss to breakeven as soon as I can. In the case of AUDCAD, there seems to be an up HD pattern ...
Hidden divergence
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chamane replied Nov 30, 2016Here is an example of a good environment for hidden divergence trading. Clear strong trend. Actually, it should be a good environment for any strategy
. image Hidden divergence
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chamane replied Nov 30, 2016Looks ok to me. I use TDI in the current TF and the MACD 0 cross in the preceding TF, but you can use your preferred confirmation signals. I sometimes check CCI 20.
Hidden divergence
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chamane replied Nov 30, 2016I use the settings 45 and 130, which are the Tenkan and Kijun settings times 5. It's only a direct indication, I switch to the hgher timeframe to confirm. I use the ATR to give me the brick size of the Renko chart that should look a lot like the ...
Hidden divergence
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chamane replied Nov 30, 2016I might add a few more thoughts
. I don't want to talk in behalf of the author of this thread, but here is what I do before entering a trade: Check if there is a hidden divergence pattern. This was the case in your GBPAUD 4 HR chart, ...Hidden divergence
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chamane replied Nov 30, 2016Entered late on EURJPY, but the trend is strong. image
Hidden divergence
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chamane replied Nov 29, 2016Agreed. I am only showing all the potential of the technique. Also the failed patterns when they occur. I missed the 4HR signals as they took place while I was sleeping (Yen pairs in Asian session). And yes, when I check for opportunities, I try to ...
Hidden divergence