Trading Made Simple(r)

Quoting sanity

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{quote} Hey, RobinHood, Did your system change because I see different things from your recent screenshots than your first post?

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Quoting RobinHood

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{quote} I don't use a "system" per se anymore

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Quoting StonebankS1

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{quote} i want you to talk more about divergences (if possible) so imma start with this question: do you think a newbie trader should focus more on hidden divergences rather than classics? since they indicate continuation trades

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Quoting emmanuel7788

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{quote} Using your template GBPAUD Aug 22 New York Close Weekly, - the Weekly NYClose candle pulled-back and close, it did not close with higher Close - do you see the previous Week' candle as big candle - these two Weekly candles determine the Sideways Wide Range Market Type condition - what does the RHO Pro6 show? Do you want to buy next week ? {image} Using my TMS 5-Method chart below, I see the Week 33 candle is a WCC. What is the high-low range? What are the ATR(52) weeks, ATR(104) weeks and ATR(5) weeks range? {image} ...

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Quoting RobinHood

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{quote} I'll answer the question in two ways... I think the most important thing new traders should focus on is bull and bear flags as they are essentially Continuation Trades. Otherwise, I think classic divergences are better to focus on as they are more basic and easier to recognize.

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Quoting StonebankS1

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{quote} thank you for the answer. also, i think i know the answer to this but i still want to know your views. do you use classic divergences to close your trades when you are already in the market and you see one? if there is a continuacion trade spotted but also a divergence, is it better just to stay away?

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Quoting RobinHood

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{quote} 1. I use divergences to open and close trades. 2. If I see a Continuation Trade and a divergence at about the same time, which one would I chose to believe is more likely to be right? In a situation like that, I would either do nothing or I would take into consideration what other indicators are telling me. So for example, if I have a Continuation Trade and a divergence at the same time (which is unlikely), I would look to see which side of the RoadMap that Price is on and I would take the trade (if I took the trade) in that direction.

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Quoting newbi3

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Rh i want to see your gold trades,please share if you do,thanks

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Quoting Eod

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{image} We're finally starting to find ourselves on the right side of the market. And this is only thanks to Rh.....Full speed ahead!

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Quoting RobinHood

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{quote} Perché hai RHO-Pro-4 sulla tua carta due volte, entrambe con le stesse impostazioni?

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Quoting emmanuel7788

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{quote} GBPAUD Aug 26 4Hr London 9:36am - soon the next 4Hr candle will open {image}

Attached Image (click to enlarge)

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