DislikedJust letting you all know I deleted my post commenting on Iris trade. She informed me that she knows the rules and closed the trade before the weekend but wasn’t able to do the self evaluation until Yesterday because of circumstances..Sorry Iris.Ignored
Let me start to the left with the first down arrow.
Standard and Hidden Divergences connect together with the SAR connection. On the second up arrow you have a pullback to bring out the Hidden Divergence with the SAR. This is known as a Swing Divergence because the SAR connection was less than 40 pips
Now - this is very important: The SAR connection with both Standard and Hidden is higher/high of the last Divergence. This means the next connection for the top will be 40 or less pips from the SAR bottom connection after the pullback.
On the third down arrow you had the TOP with both DB/SAR, and both Standard and Hidden Divergences. The next opening bar was your entry on the short for 40 pips with ROMAR more then 60 pips as a target.
On the fourth up arrow you had both Standard and Hidden divergence connection for another pullback to resistance; on this opening bar was Iris trade opening. It was also a trade against support. On the fifth down arrow you had Smooth resistance hit and down to bring out the Hidden Divergence.
On the sixth up arrow was with both Standard and Hidden Divergence and also the bottom just above ROMAR. It was Friday and this trade was it for the week.
The most important value for a trader is total and complete transparency with each and every trade. You must be transparent when you evaluate your trade when it is completed. Making excuses is not transparency.
The Dove - Forex Trainer
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