Check out POST #261 (page 14). Diamond illustrates divergence and hidden divergence with his example if anyone is unsure what to look for.
Happy Trading to all of you.
Renofaith
Happy Trading to all of you.
Renofaith
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DislikedHi Reno, Thanks for sharing/responding to everyone. Similar to yours, my journey started with different flavors of TMS/TDI, AND, similar to you (as well others), have a job/busy lifestyle and am looking to keep charts simplified....so this strategy is fitting. I've read all the posts (re-read some) and summarized your posts for myself. I have been confused at times (similar to ratsalad's posts) on your rules verses what you post. I understand there is some leeway given for any particular trader. I have to be nimble in that I CAN'T check MT4 charts...Ignored
DislikedHi, You seem to be very good at spotting divergences no matter which frame and it works. I guess one needs a lot of watching, practice and a lot of waiting. I understand You enter the trade once there is a STO crossing right? I am trying doing the same thing, unfortunately I see the divergence always when it has already happened. Do You have any advice for trying to spot them earlier? Thank You Reno for Your Help.Ignored
Disliked{quote} The best thing to do here is practice, How many trades do you see on EURUSD chart (mark what you would trade), and mark all divergences. {image} And again kiwi trade {image} tho, TL is broken, but we have strong supply at this level from past, will see.Ignored
DislikedHi, You seem to be very good at spotting divergences no matter which frame and it works. I guess one needs a lot of watching, practice and a lot of waiting. I understand You enter the trade once there is a STO crossing right? I am trying doing the same thing, unfortunately I see the divergence always when it has already happened. Do You have any advice for trying to spot them earlier? Thank You Reno for Your Help.Ignored
DislikedIt looks like if the crossover happens before June 24, you'd take that trade for a big win. Then another crossover showing bullish divergence, hold for a big win, ignoring the hidden bullish divergence (orange lines) as we're already long. The question becomes (as it usually does) - when should we exit? The next bit of divergence I see won't be detected until March, after which this trade has soured. The hidden bearish divergence trade in September would be good for a massive pip gain, exiting at the next divergence spotted, which is bullish, ride...Ignored