DislikedHi lgtj,
I found Hidden Bearish Divergence from UJ, please correct me if am wrong. However, when the line drawn from MACD histogram is being touched. is it matter for the set up?
SamIgnored
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DislikedYes, this is hidden bearish divergence. I don't understand your second question.Ignored
DislikedHi lgty,
Thanks for your confirmation. Kindly refer to the doc file for my second question. I try my best to form a better understanding question as am not good in English.
Thank you very much.Ignored
DislikedHi Lgtj,
Thanks for the posts and charts. Please continue to do so. I have to trade the daily charts and this is helpful. I am wondering if you ever use Pin Bars or Inside Bars etc. at divergence levels to help confirm your trade entries?
Thanks,
C.Ignored
DislikedHi,
I like divergence technique pretty much cos it is an easier visual method. The reason I asked because I have low entry opportunity cos I am always unsure even though with filters e.g. trend line break or 2 or 3 multiple indicators confirmation.
How to make sure that a divergence is a real divergence? I was caught many times and nowadays I hesitated to enter even when there is clear divergence.
Back test of a few pairs showed many instances where divergence failed.
Any advice to improve success rate? thanks.Ignored
Disliked"My advice to improve the success rate would to look at the weekly and monthly charts to see if price action agrees with the daily time frame's divergence."
Hi lgtj,
Could you please show some charts or drawings that would graphically depict what you said above? I went back to the first page to see if I could pick up on what you are saying here, but I'm not sure about it. When does a weekly or monthly chart agree with divergence on a daily chart? What does it look like? Thanks.
C.Ignored
DislikedHi lgtj
Thank you for taking the time to post your wonderful system...it looks like you 've had some help from above!!!! Tell me please, do you trade one pair at the time, or you also do multiple pairs?
God bless you my friend, and indeed...Jesus IS Lord!!!!!
T. CostaIgnored
DislikedSince it looks like the only safe/winning divergence trades are taken only after a trendline break, it would be helpful to elaborate on that point a bit more. Drawing trendlines can be somewhat to very subjective, and I'd like your rules for drawing them and which ones to take, since there are "internal" and "external" TLs that often show up on the daily charts. Correct me if I am wrong about that.
Thanks again,
C.Ignored