Disliked{quote} Hi, I'm no expert here and I haven't looked at the full picture yet but looking at what you posted surely that is Hidden Divergence in an uptrend. Anyways... on another note. Since this forum isn't on TMS anymore and it looks like my spam folder I thought I'd ask a question here which I've been trying to figure out for some time now and which the broker can't answer either. Could someone please explain to me how FXCM calculates required margin. On their website they say their leverage is 30:1 for the majors. See example attached: Go Long...Ignored
hi LifeAbeach
You are right the OP did not include divergence in his 5-Method. He did mention in his old thread that divergence did not work 100% of the time.
#4306
You are correct with that Hidden Divergence. In fact there is a divergence before the one you identified in blue colour.
Some members discussed the divergence topic many years ago way back to 2013.
https://www.forexfactory.com/thread/...10#post7035010
https://www.forexfactory.com/thread/...41#post7333741
study this book ...
RSI: The Complete Guide by John Hayden click to [download]
Trend Determination using the RSI (TDI)click to [download]
The Truth about Divergence ... read Chapter 4 Page 65
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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