Hidden divergence | Page 130 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Divergence and hidden Divergence 122 replies

Hidden Pending Order and Hidden Trailing Stop Ea pls 4 replies

It's All About Hidden Divergence: Follow the trend 2 replies

Hidden Divergence 7 replies

Hidden Technical on Usd/Jpy 15 replies

Attachments: Hidden divergence
Exit Attachments

Hidden divergence

  • #2,581
  • Nov 14, 2019 8:58pm Nov 14, 2019 8:58pm
A Hidden Divergence pattern spotted on the Weekly chart and the start of a Trading Zone on the Daily. Waiting for entry signals on the 2 HR chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Divergence.png Size: 48 KB
  • #2,582
  • Nov 14, 2019 9:08pm Nov 14, 2019 9:08pm
Waiting also for entry signals in a Trading Zone for EURUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: Divergence.png Size: 50 KB
  • #2,583
  • Nov 15, 2019 12:37am Nov 15, 2019 12:37am
safety first !
Attached Image (click to enlarge)
Click to Enlarge Name: 33.png Size: 45 KB
  • #2,584
  • Nov 15, 2019 4:41am Nov 15, 2019 4:41am
Quoting vitall
EURAUD, D1: {image}
EURAUD is about to start moving North:
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 39 KB
  • #2,585
  • Nov 15, 2019 6:09am Nov 15, 2019 6:09am
For a successful trader it's important to know how to handle Hidden divergence. What is the best tips for this?
Anyone know... please share it
  • #2,586
  • Nov 15, 2019 6:32am Nov 15, 2019 6:32am
Quoting dextormason
For a successful trader it's important to know how to handle Hidden divergence. What is the best tips for this? Anyone know... please share it
Hi,
I described in a document how I approach the issue. To answer quickly to your question, I would say that the more convergence signals you have in your chart, the better. When I spot a hidden divergence pattern, I check the following:

  1. Price is bouncing on a major Fib level.
  2. The direction of price is in sync with what is going on on the higher timeframe.
  3. Price is about to cross a clear trendline.
  4. There is a clear price action in the direction of the trend (doji, engulfing candle, etc.).
  5. The HD pattern is seen on more than one indicator.
  6. There is a regular divergence pattern in the desire direction on the lower timeframe.

There might be some other signals, but those are the ones I see more often.

  • #2,587
  • Nov 15, 2019 6:43am Nov 15, 2019 6:43am
Waiting for entry signals in the Trading Zone.
Attached Image (click to enlarge)
Click to Enlarge Name: Divergence.png Size: 53 KB
  • #2,588
  • Nov 15, 2019 6:48am Nov 15, 2019 6:48am
Also in a Trading Zone with AUDJPY.
Attached Image (click to enlarge)
Click to Enlarge Name: Divergence.png Size: 48 KB
  • #2,589
  • Nov 15, 2019 6:54am Nov 15, 2019 6:54am
Same for AUDUSD. There are many opportunities developing right now.
Attached Image (click to enlarge)
Click to Enlarge Name: Divergence.png Size: 48 KB
  • #2,590
  • Nov 15, 2019 7:12am Nov 15, 2019 7:12am
Quoting chamane
Same for AUDUSD. There are many opportunities developing right now. {image}
It is RD on H1- good sign:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 32 KB
  • #2,591
  • Nov 15, 2019 7:39am Nov 15, 2019 7:39am
SL+
KISS !
Keep It Still Simple
Attached Image (click to enlarge)
Click to Enlarge Name: 34.png Size: 74 KB
  • #2,592
  • Nov 15, 2019 8:39am Nov 15, 2019 8:39am
NZDCAD, Weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADWeekly.png Size: 32 KB
  • #2,593
  • Nov 15, 2019 9:01am Nov 15, 2019 9:01am
Quoting chamane
{quote} I guess you get the idea. You can also add that price reacted on the 0.618 major Fib level before going up, which is a good sign. Also, it is a matter of personal choice, but I like to switch to a lower timeframe when comes the time to enter. In your case, I would have entered at the yellow circle on the 15 min chart with a risk lower (around 20 pips) than in the 1HR chart (around 40 pips). In the 15 min TF, price already reached the target of RR=1:1. {image}
Updating the pound trade I posted earlier. Currently sitting at about 1.1RR. Was a bit stressful holding through that volatility after the initial break but eventually played out as expected! Now looking at an almost identical set-up in natgas
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-11-15 at 8.59.17 AM.png Size: 135 KB
  • #2,594
  • Nov 15, 2019 8:56pm Nov 15, 2019 8:56pm
Time to review what went right and what went wrong for the week. There were many opportunities to trade the hidden divergence pattern, many on intraday charts, which I don't trade because I cannot stay long in front of my screen. Here are nevertheless a few opportunities that occurred. Somebody trading full time can make quite a few pips. Like I posted before, I like to switch to a lower timeframe for entries, and I marked them with a yellow circle. There were a few losing trades, but that's when bringing the stop loss to breakeven when price reaches half the risk becomes handy.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD1HR.png Size: 39 KB

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF1HR.png Size: 41 KB

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD4HR.png Size: 42 KB

Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY1HR.png Size: 41 KB

Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY1HR.png Size: 41 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD1HR.png Size: 39 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD1HR.png Size: 41 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP1HR.png Size: 41 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY1HR.png Size: 40 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY4HR.png Size: 39 KB
  • #2,595
  • Nov 16, 2019 9:05am Nov 16, 2019 9:05am
EURCHF showing signs to go up.
Attached Image
  • #2,596
  • Nov 16, 2019 9:38am Nov 16, 2019 9:38am
Quoting chamane
EURCHF showing signs to go up. {image}
weldone sir
"The market doesn't care about you, stop hoping it will." Dirk
  • #2,597
  • Nov 17, 2019 3:13pm Nov 17, 2019 3:13pm
Quoting chamane
EURCHF showing signs to go up. {image}
it's probably gonna go down. weekly HD down, daily pull up, looking for opportunity to short
Whatever is happening right now has happened before and will happen again.
  • #2,598
  • Nov 17, 2019 3:13pm Nov 17, 2019 3:13pm
Quoting chamane
EURCHF showing signs to go up. {image}
it's probably gonna go down. weekly HD down, daily pull up to kijun, still a bit to go but, looking for opportunity to short
Whatever is happening right now has happened before and will happen again.
  • #2,599
  • Nov 17, 2019 5:09pm Nov 17, 2019 5:09pm
USD/JPY hourly looking like a nice set-up after getting rejected off the .618 of the swing from April.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-11-17 at 5.07.29 PM.png Size: 125 KB
Click to Enlarge Name: Screen Shot 2019-11-17 at 5.08.52 PM.png Size: 122 KB
  • #2,600
  • Nov 17, 2019 9:34pm Nov 17, 2019 9:34pm
Quoting mnmnmmnnmnmn
{quote} it's probably gonna go down. weekly HD down, daily pull up, looking for opportunity to short
You are right, there is a HD pattern to the downside on the Weekly chart. But also a HD pattern to the upside on the Daily. There might be some pips to be made upward before the bigger move downward.
Attached Image (click to enlarge)
Click to Enlarge Name: Divergence.png Size: 47 KB
2 traders viewing now