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Divergence and hidden Divergence 116 replies

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Hidden divergence

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  • Post #1,481
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  • Jan 2, 2019 7:32am Jan 2, 2019 7:32am
  •  FXSiya
  • | Joined Jun 2017 | Status: Member | 38 Posts
Quoting chamane
Disliked
Two successful trades (+134 pips) to begin the year. Hidden divergence on 4 hr TF and entry on 1 HR. {image} {image}
Ignored

very good Chamane,
  • Post #1,482
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  • Jan 2, 2019 10:49am Jan 2, 2019 10:49am
  •  Intrepidpips
  • Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,332 Posts
Quoting chamane
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Two successful trades (+134 pips) to begin the year. Hidden divergence on 4 hr TF and entry on 1 HR. {image} {image}
Ignored

Way to go, keep racking in them pips in 2019.
Let it turn and find your entry.
1
  • Post #1,483
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  • Edited at 12:51pm Jan 2, 2019 12:18pm | Edited at 12:51pm
  •  dany78
  • Joined Dec 2012 | Status: Member | 660 Posts
USDCAD
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  • Post #1,484
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  • Jan 2, 2019 3:42pm Jan 2, 2019 3:42pm
  •  FXSiya
  • | Joined Jun 2017 | Status: Member | 38 Posts
AUdCAD: D1 and Weekly:

Let see how will the market reward the patience!!!
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  • Post #1,485
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  • Jan 2, 2019 4:24pm Jan 2, 2019 4:24pm
  •  Sarunas1988
  • | Joined Jan 2019 | Status: Junior Member | 2 Posts
ITs H&S in picture for sure
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  • Post #1,486
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  • Jan 2, 2019 5:36pm Jan 2, 2019 5:36pm
  •  chamane
  • Joined Jan 2009 | Status: Member | 1,422 Posts | Online Now
Scalping 10 pips on this one.
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  • Post #1,487
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  • Jan 2, 2019 10:43pm Jan 2, 2019 10:43pm
  •  FXSiya
  • | Joined Jun 2017 | Status: Member | 38 Posts
Quoting FXSiya
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AUdCAD: D1 and Weekly: Let see how will the market reward the patience!!! {image} {image}
Ignored
That was an easy profit for me!!!!
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  • Post #1,488
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  • Jan 3, 2019 4:59am Jan 3, 2019 4:59am
  •  steve-gclef
  • | Joined Sep 2018 | Status: Member | 19 Posts
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waiting for the treadline to bebroken to short on this CHAMAME HOPE AV DONE IT WELL ON THIS PAIR
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  • Post #1,489
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  • Jan 3, 2019 7:44am Jan 3, 2019 7:44am
  •  FXSiya
  • | Joined Jun 2017 | Status: Member | 38 Posts
Hi Chamane,

for Smaller TF do you consider Major News?

I am looking at EurUsd (1hour TF) Hidden Divergence and EurUsd (30min) Regular Divergence: I am projecting 40 pips.

I hardly trade smaller time frames but i want to demo trade them for future reference.

Thank you again!!!
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  • Post #1,490
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  • Jan 3, 2019 7:57am Jan 3, 2019 7:57am
  •  Merka
  • | Joined Jan 2016 | Status: Member | 1,070 Posts | Online Now
Quoting FXSiya
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Hi Chamane, for Smaller TF do you consider Major News? I am looking at EurUsd (1hour TF) Hidden Divergence and EurUsd (30min) Regular Divergence: I am projecting 40 pips. I hardly trade smaller time frames but i want to demo trade them for future reference. Thank you again!!! {image} {image}
Ignored
You took trades only when you have divergence on both oscillations per chart?
  • Post #1,491
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  • Jan 3, 2019 9:53am Jan 3, 2019 9:53am
  •  chamane
  • Joined Jan 2009 | Status: Member | 1,422 Posts | Online Now
A nice 26 pip trade on a 5 pip block Renko chart.
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  • Post #1,492
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  • Jan 3, 2019 10:19am Jan 3, 2019 10:19am
  •  chamane
  • Joined Jan 2009 | Status: Member | 1,422 Posts | Online Now
Quoting steve-gclef
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{image}waiting for the treadline to bebroken to short on this CHAMAME HOPE AV DONE IT WELL ON THIS PAIR {image}
Ignored
Hi Steve,

This was a nice setup on the 4 HR chart. When I see a HD situation, I switch to the lower timeframe (1 HR or 30 MIN) and wait for MACD to cross the zero line. It is better if there is a regular divergence on those. There wasn't any in that case, but I sometimes enter nevertheless. It is a matter of having as many convergence signs as possible. There will be some losses and this case is one of them. I'm not sure if I would have entered after the MACD cross because I usually put my stop loss on the last swing level. In this case, the risk was kind of big (blue square).
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  • Post #1,493
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  • Jan 3, 2019 10:25am Jan 3, 2019 10:25am
  •  FXSiya
  • | Joined Jun 2017 | Status: Member | 38 Posts
Quoting Merka
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{quote} You took trades only when you have divergence on both oscillations per chart?
Ignored

Hi Merka,

As per Chamane's rules;

Higher TimeFrame(Let say Daily): Hidden Diveregence
Smaller TimeFrame(4Hours): Regular Divergence
and MACD it must be below Zero for sell and above zero fore buy.

I hope it help.

you must see hidden divergence first.....
1
  • Post #1,494
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  • Jan 3, 2019 2:26pm Jan 3, 2019 2:26pm
  •  steve-gclef
  • | Joined Sep 2018 | Status: Member | 19 Posts
thanks
chamane for ur reply
this forum is of benefit to all traders
  • Post #1,495
  • Quote
  • Jan 3, 2019 2:29pm Jan 3, 2019 2:29pm
  •  steve-gclef
  • | Joined Sep 2018 | Status: Member | 19 Posts
Chamane how do u set ur mt4 window ie when drawing treadline mine go
beyond and urs r just short ......
  • Post #1,496
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  • Jan 3, 2019 2:44pm Jan 3, 2019 2:44pm
  •  chamane
  • Joined Jan 2009 | Status: Member | 1,422 Posts | Online Now
Quoting steve-gclef
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Chamane how do u set ur mt4 window ie when drawing treadline mine go beyond and urs r just short ......
Ignored
I'm not sure if I understand your question. Double click on your trendline, then click on the right button of your mouse and select "Trendline properties". Select "Parameters" and make sure the "Ray" square is empty. Then click "OK".
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  • Post #1,497
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  • Jan 3, 2019 8:34pm Jan 3, 2019 8:34pm
  •  chamane
  • Joined Jan 2009 | Status: Member | 1,422 Posts | Online Now
Bringing my Stop Loss to Breakeven.
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  • Post #1,498
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  • Jan 4, 2019 3:22am Jan 4, 2019 3:22am
  •  steve-gclef
  • | Joined Sep 2018 | Status: Member | 19 Posts
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yea thanks chamane
  • Post #1,499
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  • Jan 4, 2019 9:06am Jan 4, 2019 9:06am
  •  Nestor
  • | Joined Dec 2010 | Status: Member | 6 Posts
Quoting FXSiya
Disliked
{quote} Hi Merka, As per Chamane's rules; Higher TimeFrame(Let say Daily): Hidden Diveregence Smaller TimeFrame(4Hours): Regular Divergence and MACD it must be below Zero for sell and above zero fore buy. I hope it help. you must see hidden divergence first.....
Ignored
I use stochastic momentum index (7,4,4) not macd, as a trigger. It's very efective..
  • Post #1,500
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  • Jan 4, 2019 9:31am Jan 4, 2019 9:31am
  •  chamane
  • Joined Jan 2009 | Status: Member | 1,422 Posts | Online Now
NZDCAD.
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