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Hidden divergence

  • #4,041
  • Jul 2, 2020 10:06pm Jul 2, 2020 10:06pm
Quoting Okydok
That is what I trying to ask @chamane On D1 the HD still progressing and there are two entries in H4 and along with two Trading Zones on M15 {image}
Hi Okydok,

If I follow you correctly, I would only consider the first trendline on the Daily chart as indicating a HD pattern. The second one is rather showing another cyclic move IMO. Then the first Trading Zone you are drawing would be the one I would consider on the 4HR chart. You can see that the signals you got on the 15 min chart in that Zone are giving a winning situation overall. One signal might be a losing one but the first 2 signals are winning.

The beauty of the Cost Averaging approach is that you can use it with almost any indicator signal. I would not relate your second Trading Zone on the 4HR chart to a HD pattern, but you can take signals on the 15 min chart as well. More often than not, you will get an overall winning situation. When I have any doubt in my analysis, I rely greatly on that approach to make my decisions.
  • #4,042
  • Jul 2, 2020 10:39pm Jul 2, 2020 10:39pm
Okydok, may be this will help you:
some traders here are looking for strong trend (MACD on D1 is negative and MACD on H4 is negative), then they go to M15-30 for Bearish HD/RD setup.
You can use H4-H1-M5 TFs for daytrading as well.
  • #4,043
  • Jul 3, 2020 5:29am Jul 3, 2020 5:29am
Yes, trying to do that...

This was my first attempt.

H4 HD spotted on range and H1 entry never triggered as per my trading plan (50% of retracement to reduce SL size) but got two 5M entries and waiting for the 3rd one. My Trading Zone is the green background.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Feedback welcome
  • #4,044
  • Jul 3, 2020 5:58am Jul 3, 2020 5:58am
and 3rd entry just triggered

Attached Image (click to enlarge)
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EDIT: and closed @3:1
  • #4,045
  • Jul 3, 2020 6:16am Jul 3, 2020 6:16am
Quoting Okydok
Yes, trying to do that... This was my first attempt. H4 HD spotted on range and H1 entry never triggered as per my trading plan (50% of retracement to reduce SL size) but got two 5M entries and waiting for the 3rd one. My Trading Zone is the green background. {image} {image} Feedback welcome
When you drill down to the 5 min chart, you are better off with low spread pairs. In my case, CADCHF has a 6 pip spread, which is a bit high.
  • #4,046
  • Jul 3, 2020 8:39am Jul 3, 2020 8:39am
1.0 pips in my case for CADCHF on Pepperstone and 1.2 on CMC Markets
  • #4,047
  • Jul 3, 2020 9:41am Jul 3, 2020 9:41am
Just received the alert for GU H4/H1/5M triggered...lets see how it develops. Already on BE

Attached Image (click to enlarge)
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  • #4,048
  • Jul 3, 2020 9:45am Jul 3, 2020 9:45am
Quoting Okydok
1.0 pips in my case for CADCHF on Pepperstone and 1.2 on CMC Markets
I guess you are paying commissions.
Isn't it?
  • #4,049
  • Jul 3, 2020 10:36am Jul 3, 2020 10:36am
only on Pepperstone 0.05 per side
  • #4,050
  • Jul 3, 2020 10:41am Jul 3, 2020 10:41am
Good topic. I am learning new things over here.
  • #4,051
  • Jul 5, 2020 9:55am Jul 5, 2020 9:55am
One pair to watch at the start of this week.
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  • #4,052
  • Jul 6, 2020 3:04am Jul 6, 2020 3:04am
Quoting kuroro001
h4 bullish hiden div natural gas Lets see if a break up occurs here
It broke up, holding up

Looking other setup on currencies now

Watch for potential h1 hidden bullish div usdjpy
You can catch it early now, void below 107.30 (half void 107.40)
COT: The precious data ignored
  • #4,053
  • Jul 6, 2020 4:05am Jul 6, 2020 4:05am
Potential h1 hidden bearish div copper here (+ a regular bearish div forming)
risk is only 15 pips (void above 2.77)

target of success would be below 2.7
COT: The precious data ignored
  • #4,054
  • Jul 6, 2020 8:21am Jul 6, 2020 8:21am
Quoting kuroro001
Potential h1 hidden bearish div copper here (+ a regular bearish div forming) risk is only 15 pips (void above 2.77) target of success would be below 2.7
Intraday failed, daily bearish div is still on the way + massive h4 one
COT: The precious data ignored
  • #4,055
  • Jul 7, 2020 3:00am Jul 7, 2020 3:00am
USDCHF:
Attached Image (click to enlarge)
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  • #4,056
  • Jul 7, 2020 3:12am Jul 7, 2020 3:12am
New entry inside the TZ D1/H4/M15

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  • #4,057
  • Jul 7, 2020 4:37am Jul 7, 2020 4:37am
Quoting Okydok
New entry inside the TZ D1/H4/M15 {image}
How many entries did you make so far?
  • #4,058
  • Jul 7, 2020 5:00am Jul 7, 2020 5:00am
This was the 1st entry on this pair. Had 3 other signals marked but didnt entered..was testing the strategy those days.

I'm feeling more confident now with signals inside the TZ which also breaks a TL

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  • #4,059
  • Jul 7, 2020 5:14am Jul 7, 2020 5:14am
Quoting Okydok
This was the 1st entry on this pair. Had 3 other signals marked but didnt entered..was testing the strategy those days. I'm feeling more confident now with signals inside the TZ which also breaks a TL {image}
If you do daytrading- it's a good strategy.
You can watch for HD/RD setups in the direction of MACD on the middle TF.
  • #4,060
  • Jul 7, 2020 5:26am Jul 7, 2020 5:26am
Yes, I use to look for RD on entry TF

Here is a nice setup unfolding on US30

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