Dislikednot a trend reversal, it means we'll retrace upwards back to 30m 50emaIgnored
bullish div target reached
might bounce down from here.
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Dislikednot a trend reversal, it means we'll retrace upwards back to 30m 50emaIgnored
DislikedHi Mike,
Please can you post the FX Divergence indicator you use?
Thanks,Ignored
DislikedDear Lilmoe,
What in your opinion is a trend reversal signal.
Regards
rajat.indIgnored
DislikedIf i may get to know what u are saying,are u confirming that the uptrend might continue?
'Cos i think the divergence shows on the 5m tf will indicate a change in the direction of the market for a while,if am wrong please explain with chart.
Thanks.Ignored
Dislikedthere was a bullish Div on m30, it took price straight to THAT div's target which was m30 50ema... but now we're a bit over that and VERY close to 1h 50ema.... we should bounce down from there as there is a bearish HD on the 1h chart now.Ignored
DislikedHey,
How would you pick a good entry now ? 1hr HD bearish div, would you wait for 30mins Gann at least ?Ignored
Dislikedsorry i wasn't around, just saw ur question.
with a bearish HD on 1h, i went short a bit close to 1h 50ema. no need to wait for m30 gann... just short when price touches 50ema. 38.2 fibo of the last fall held it 50 pips from 1h 50ema, but that's close enough.
anyway, after we bounced from 1h 50ema, we also had a 15m bullish HD, where a good long would be at 15m 50ema. both played nicely, and i'm 55 pips plus on that long and closed 2/3 of the short for 140 pips
it's not like u to ask about such easy setups, what's wrong bro?Ignored
Dislikedyeah I know mate, I got a little cut-up in yesterdays mess and I think I'm doubting everything I do now...
I missed the short above, but I took the long, but I entered on the bounce of the upper TF Gann - I think that's the correct way to do it, isn't it ?? Anyway it was approx the same price as the 15min 50ema anyway.
Just wanna check I'm working it right... Sure I'll get back into it.Ignored
DislikedDear Lilmoe,
i meant in terms of indicators and strategy.
I want learn to fish .....
I hope you can understand.
Regards
rajat.indIgnored