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- Zelias replied Mar 18, 2019
I'm not the OP, but perhaps we should try and post setups that adhere to the rules explained by Alan in this thread? This way we'll gradually create the same "vocabulary" to trade this system and will develop trust that positions taken by fellow ...
- Zelias replied Mar 5, 2019
... and the M5 Bull support entry, as ordered. image
- Zelias replied Mar 5, 2019
I traded the internal H4 divergence (circled), but it ran at bearish RSI divergence right off the bat so I took profit at the H1 EMA and now waiting for a next signal (perhaps on a retest of the M5 Bull support?). It always seems to get a bit ...
- Zelias replied Feb 21, 2019
I think I didn't explain myself clearly, so I'll try my best with a picture (usually worth a thousand words lol). image I trade RSI divergences all the time, like the one plotted in "magenta" colour - these are our bread and butter. However, I ...
- Zelias replied Feb 21, 2019
TP1 hit and 25 pips locked for the Bullish HD EMA divergence. Trailing stops and/or waiting for divergence to show up - whichever comes first... image
- Zelias replied Feb 21, 2019
I didn't see any bullish signals except a sideways bullish support above the EMA, which was negated (at least for me) once it was broken a couple of times. image
- Zelias replied Feb 21, 2019
TP just hit for 50 pips to the pip. image Now there is a potential H1 HD bullish divergence...
- Zelias replied Feb 21, 2019
I was looking at this - HD on 1H and Reg Div on M5: image Trade now to BE (not on MT4 platform) to see if we overcome the M5 Bullish div and the EMA.
- Zelias replied Jan 22, 2019
David, what you have marked on your H1 chart is not an Alan divergence, but a regular bullish hidden divergence that normal RSI practitioners use. Alan's divergence is one where the RSI14 and RSI5 show divergence between them. The Alan's divergence ...
- Zelias replied Jan 15, 2019
Hi Alan, What made you take the hedge where you had RSI Div versus the one before (highlighted in Blue) which was Regular Divergence only? We had a legitimate 2-bar test as well. Is there anything you look at in order to prefer one over the other? ...
- Zelias replied Jan 11, 2019
I can only see the following divergence, as the ones presented by the OP (Alan) - it is also now forming a Bullish divergence, so we have to be on the lookout for upmove: image Personally, I don't think the Bearish divergences you drew on both ...
- Zelias replied Jan 11, 2019
Hi Alan, Just to confirm, you draw your Bear support from the bar furthest to the left (purple arrow, where your yellow line begins), correct? Or is it from either my right arrow or your yellow arrow? image Thanks
- Zelias replied Jan 10, 2019
To my understanding (I might be wrong) that's not a bullish setup in any way. It would've been one had the price (on the right) made lower pivot while RSI made a higher one (as is in your screeshot), or vice versa. If it goes up from here it's ...
- Zelias replied Jan 10, 2019
In real time of trading I actually considered this earlier one as 2 bar test and RSI divergence. Not sure which one of the two is correct (perhaps both, or neither lol) image Alan, could you check and let us know, pls?
- Zelias replied Dec 5, 2018
Hi Nala, First of all, thanks for a great thread - I'm trying to grasp it and hopefully put it to good use in the coming days/weeks. Who knows, perhaps I would be able to help with the improvement However, today's entries left me a bit ...
- Posts by Member Search: 'Zelias'