I see some are confused about divergence. Found this and thought it may help.....(if already explained in detail previously, sorry for the post).
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DislikedI see some are confused about divergence. Found this and thought it may help.....(if already explained in detail previously, sorry for the post).{image} {file}
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Disliked{quote}Thanks Cigarguy. This helped me a lot. This thread seems interesting I'm gonna have a read,.
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DislikedHoliday weekend, bored traders, what do you get? For those of you who do not as yet know about Price Action, divergence etc, there is a method that does not get more simple! Jaquemate showed you one at the beginning of this thread, here is another very very similar one also using Trend lines and Renko Bars. He/they started out with this thread here on FF, which became a commercial thread with links to youtube. If you ever played connect the dots as a kid, you can trade this. Automated4X...Ignored
function simpleSystem() { buy('S&P500', (Leverage: 100%)); }
DislikedHave you been keeping up with the Pro traders at Danske Bank? Here is Fridays list of trades. {image}Ignored
DislikedHoliday weekend, bored traders, what do you get? For those of you who do not as yet know about Price Action, divergence etc, there is a method that does not get more simple! Jaquemate showed you one at the beginning of this thread, here is another very very similar one also using Trend lines and Renko Bars. He/they started out with this thread here on FF, which became a commercial thread with links to youtube. If you ever played connect the dots as a kid, you can trade this. <a href="http://www.forexfactory.com/showthread.php?t=504844" target="_blank">Automated4X...Ignored
Disliked{quote} I read the 3d, the system seems interesting, 'without thinking too much' style ...but I assume that the system should still be combined with analysis , a good knowledge of filters for the entry (as someone wrote in a few posts), and properly evaluate the market movement. otherwise accomplices risk of running into constant changes of direction that can hurt. anyway, thanks dee, let me never get bored!Ignored
DislikedThis is my interpretation. I've copied the rules from page one of the Automated4X forum and have included on the image below as a handy reference. The only addition I would make is to only enter when a candle closes above/below a trend line, not when a wick crosses it. Bring on the pips! {image}Ignored
DislikedEU +14 +11. I missed the entry on the GU for the Dbl Top + Div so I waited for a pullback to enter but it came so quickly I declined, as it happens although it has run for a good 50 pips I would have been stopped out repeatedly anyway. Hope some one else caught it. As today is a Holiday I am happy to settle for what I have. This is a 3pip Brick chart and I have the ZZ swing set at 3. {image}Ignored
DislikedHi Dee, Do you run a M2 and M3 chart together to check for smaller setups? {quote}Ignored
Dislikedhi all! hi dee, well done! this morning, I experienced the scalping system (the other one, not renko) that I saw by the same authors Automated4X. I have experienced because I have not found any explanation or EA around and so I had to interpret the method from their videos. ..opening hand positions and close manually. premise that is a martingale, so that I do not like too much (Martingale = margin call, sooner or later), it works quite well. (I worked with ridiculous size) .. however, in the morning, waiting for eu (renko) is released, I managed...Ignored