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chamane replied Nov 22, 2020I am using a similar principle. Trading on the 4HR chart and pinpointing the entries on the 15 min is what I call a cost averaging approach that increases the odds of an overall success.
Mabooz system
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chamane replied Nov 22, 2020Hi mabooz, Thanks for sharing your system. The first thing that comes to my mind is divergence. I looked at all pairs/timeframes combos and I must say that there has been many opportunities all over in the last few days. I am showing a few examples ...
Mabooz system
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chamane replied Nov 21, 2020Here's a HD pattern that paid off last week for an approximate 60 pip move.
Hidden divergence
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chamane replied Nov 21, 2020AUDJPY. A bearish HD pattern developing on the 4HR timeframe. Bearish Regular Divergence pattern and potential short entry signal on the 1HR chart.
Hidden divergence
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chamane replied Nov 19, 2020Exactly. Previous overbought signals on the Daily chart gave some retracements on an overall bullish move. Right now, price is at a strong resistance level. Let's wait and see if it will go through.
Hidden divergence
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chamane replied Nov 19, 2020NZDUSD 4HR. A HD pattern developing, still in an early stage. Potential entry signal onn the 1 HR chart.
Hidden divergence
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chamane replied Nov 13, 2020AUDCHF. HD pattern on the 4HR chart. Price will have to cross the resistence zone on the 1HR TF.
Hidden divergence
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chamane replied Nov 13, 2020Here is a video showing a scalping approach based on divergence, using either the regular or the hidden pattern. It uses support /resistence, 200 EMA and Stochastic. I am pretty sure it can also work on higher timeframes. url
Hidden divergence
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chamane replied Nov 8, 2020AUDNZD. A HD bearish pattern developing on the Daily chart. Waiting for an entry signal after a bearish Regular Divergence pattern on the 4HR chart.
Hidden divergence
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chamane replied Oct 11, 2020GBPJPY. Here is a similar situation as above that gave two winning entries last week on the 1HR chart in the Trading Zone.
Hidden divergence
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chamane replied Oct 11, 2020AUDNZD: A bullish Hidden Divergence pattern developing on the Weekly chart. The start of a Trading Zone on the Daily chart after a bullish Regular Divergence pattern. Waiting for entries on the 1HR chart in the Trading Zone. Using a 2HR chart is ...
Hidden divergence
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chamane replied Oct 6, 2020USDCAD. Waiting for entry signals on the 15 min chart.
Hidden divergence