eur/cad
got into this as it pulled back shortly after i took the screenshot, and it failed
got into this as it pulled back shortly after i took the screenshot, and it failed
- #17,663
- Mar 1, 2018 7:55am Mar 1, 2018 7:55am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
{quote} Me too Midnight, I had to manually add all the indicators with their default settings, still looks different to Likica's
Appreciation is the key to wealth and happiness
{quote}Hindsight I know, but the 11.00 candle made a lower low and price was just below yesterdays high.
thanks for the comments
I had a look again, and possibly there was a micro low about 5 bars before [although it's not very pronounced]
however I am thinking it is very difficult to get a hidden divergence trade with no mirco lows/highs at all
I can see a micro high here before likica went short on this hidden div
https://www.forexfactory.com/showthr...5#post10578295
I am looking at my trade again, trying to critique it and the HH was not very impressive [it barely closed above the last high] and the oscillators HH was even less impressive..... , hmmm...................
- #17,665
- Mar 1, 2018 10:06am Mar 1, 2018 10:06am
GBP/AUD
The last h4 bar before I took my trade was a bullish doji. Not really something I like to do, however I liked the fact it had made a new micro low, and also the the fact it had a double top with divergence which had failed to close above the previous high [sign of weakness], price then dropped below the pivot,closed below the swing low [sign of strength] and then tested the pivot again, and produced a bearish outside bar which was below the 50 and mbl.
usually i would wait for a better previous h4 bar, but upon taking the h4 doji and it's structure into consideration i decided to get in, and put a tight stop
price messed around quite a bit [due the US news]and tbh i thought i'd get stopped out at one point...
eventually though bears came through and i moved my stop down and price hit my tp
the win more than made up for my loss earlier
The last h4 bar before I took my trade was a bullish doji. Not really something I like to do, however I liked the fact it had made a new micro low, and also the the fact it had a double top with divergence which had failed to close above the previous high [sign of weakness], price then dropped below the pivot,closed below the swing low [sign of strength] and then tested the pivot again, and produced a bearish outside bar which was below the 50 and mbl.
usually i would wait for a better previous h4 bar, but upon taking the h4 doji and it's structure into consideration i decided to get in, and put a tight stop
price messed around quite a bit [due the US news]and tbh i thought i'd get stopped out at one point...
eventually though bears came through and i moved my stop down and price hit my tp
the win more than made up for my loss earlier
- #17,666
- Mar 1, 2018 10:08am Mar 1, 2018 10:08am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
I'll post the chart as soon as I get back to my computer
- #17,669
- Mar 1, 2018 12:44pm Mar 1, 2018 12:44pm
- Joined Oct 2009 | Status: Jack of All Trades | 830 Posts
{quote} Try the zip on page 1 again to see if it's ok. I don't know why it didn't work, so I re-upload it for you after I created a new template, note that S/R was drawn manually by me
- #17,673
- Mar 2, 2018 10:03am Mar 2, 2018 10:03am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #17,675
- Mar 2, 2018 10:44am Mar 2, 2018 10:44am
{quote} Try the zip on page 1 again to see if it's ok. I don't know why it didn't work, so I re-upload it for you after I created a new template, note that S/R was drawn manually by me
Moonie
