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Plan the Trade

  • #5,501
  • Mar 27, 2018 10:02am Mar 27, 2018 10:02am
Quoting Divergence
it was a rough one that's for sure ras
always up hill when 1st trade is a loss
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  • #5,502
  • Mar 27, 2018 10:11am Mar 27, 2018 10:11am
i liked this signal as well Harold, but was put off by the 123 that came before :

Attached Image (click to enlarge)
Click to Enlarge Name: 27mar18.png Size: 40 KB
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  • #5,503
  • Mar 27, 2018 10:24am Mar 27, 2018 10:24am
Quoting erasmus66
i liked this signal as well Harold, but was put off by the 123 that came before : {image}
trend was down I would have taken it EDIT: I did take it lol
  • #5,504
  • Mar 27, 2018 10:29am Mar 27, 2018 10:29am
Quoting Divergence
{quote} trend was down I would have taken it EDIT: I did take it lol
i understand thanks H
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  • #5,505
  • Mar 27, 2018 12:41pm Mar 27, 2018 12:41pm
Quoting Noeyedear
Does anyone trade NQ through SierraCharts using GBP rather than USD and if so which broker?..
Not possible. NQ contracts are in $'s

I chose AMP over Infinity though, because you can credit the account in £'s and the balance remains in £'s, all that happens is the account balance in $'s changes along with the underlying exchange rate for Cable (GbpUsd), whereas, with Infinity you have to send $'s to credit the account.
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  • #5,506
  • Mar 27, 2018 4:27pm Mar 27, 2018 4:27pm
Thanks for this.
  • #5,507
  • Mar 28, 2018 3:18am Mar 28, 2018 3:18am
Much as we've spoken about in the past (and this is fractal) - the retest of the 123 at the start of the impulse wave for a deep retrace;

Attached Image (click to enlarge)
Click to Enlarge Name: Q28-03-18.png Size: 145 KB


blue = corrective/consolidation, red = impulse
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  • #5,508
  • Mar 28, 2018 4:01am Mar 28, 2018 4:01am
Bitcoin - perfect example of the fractal pattern being identical to what went before in the prior cycle of next larger degree;

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Click to Enlarge Name: BC28-03-18.png Size: 158 KB
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  • #5,509
  • Mar 28, 2018 6:59am Mar 28, 2018 6:59am
Quoting The Cableguy
I'm going to run through a few set-up examples to show how it works in practice. Plan the trade - Trade the plan; {image} As above, but (obviously) in reverse. Negative Divergence, followed by the last HL taken out in one direct channel, then a shallow pullback to form a flag off of a 123. Trigger is a break of point 2 by a full pip. I say 'in one direct channel' (Wave A), because this is important. If it pulls back in a 3 wave sequence it is likely to be merely a pullback within trend already completed. {image}
Hi CG , I currently trying to get up to speed with Divergence stuff and then following this thread also . I can only find 2 threads that Divergence has started and want to learn the basics so I can hopefully ask more intelligent questions on here . Can you point in the right direction where I can learn the 123 2br he mentions in his thread but there seems no explanation as if it should already be understood. Any help would be appreciated , cheers
  • #5,510
  • Edited 8:19am Mar 28, 2018 7:19am | Edited 8:19am
Nelson your in the right place a 2b is a broken 123 pattern where pt 3 takes out pt 1 by a few ticks
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  • #5,511
  • Mar 28, 2018 8:40am Mar 28, 2018 8:40am
77.25 was a bullseye
  • #5,512
  • Mar 28, 2018 8:42am Mar 28, 2018 8:42am
60 also
  • #5,513
  • Mar 28, 2018 10:08am Mar 28, 2018 10:08am
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-03-28 at 17.05.53.png Size: 62 KB


Hi guys, bit too fast on the Dow for me this one. Any suggestions on the next one down?

Sorry to ask but I don't want to mess it up...
'in less than half an hour he made over 100 ticks'
  • #5,514
  • Mar 28, 2018 10:12am Mar 28, 2018 10:12am
I use 133
  • #5,515
  • Mar 28, 2018 10:18am Mar 28, 2018 10:18am
Quoting Divergence
I use 133
So 0.1330000 in tick size
'in less than half an hour he made over 100 ticks'
  • #5,516
  • Mar 28, 2018 10:28am Mar 28, 2018 10:28am
133 in the number of trades per bar
  • #5,517
  • Mar 28, 2018 10:29am Mar 28, 2018 10:29am
Tick size for Dow and nq is.25
  • #5,518
  • Mar 28, 2018 10:40am Mar 28, 2018 10:40am
Quoting Divergence
Tick size for Dow and nq is.25
Thanks, I just couldn't keep up earlier so I gave up. It was like drinking from a fire hydrant.

Did consistently well on the Dax today, so very pleased.
'in less than half an hour he made over 100 ticks'
  • #5,519
  • Mar 28, 2018 10:52am Mar 28, 2018 10:52am
Good analogy
  • #5,520
  • Mar 28, 2018 2:23pm Mar 28, 2018 2:23pm
today looked nice:

Attached Image (click to enlarge)
Click to Enlarge Name: 28mar18.png Size: 62 KB
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