Original concept of Divergence by J. W. Wilder in 1978.
Its called failure swing.
Its called failure swing.
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Trading Made Simple the right way, and other trading lessons 333 replies
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Disliked{quote} Good morning Tekkies, Can you please explain the "confirmation" you are referring to? I don't see any reference to lower (M15) time-frame confirmation on BigEs post #647?! Thank you as always, Tekkies! ZPIgnored
Disliked{quote} Had / found that I could never really enter at the beginning of the new bar Post#6.................... We Enter a trade when green crosses red on the TDI at the beginning of that candle........... Post#54.................. open your trade at the beginning of the new candle............. So I use M15 crossover to achieve in that purpose. I apply always post#647 to both timeframes. When the two check list's agree the probability of a successful trade increase, when they don't you will find the trade will not be very profitable. Remember that...Ignored
Disliked{quote} I have pulled the trigger at 112.450. will stay for 2-3 candles.Ignored