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Rags To Riches V2

  • #21
  • Nov 12, 2025 8:35am Nov 12, 2025 8:35am
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  • #22
  • Nov 12, 2025 8:39am Nov 12, 2025 8:39am
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  • #23
  • Nov 12, 2025 8:43am Nov 12, 2025 8:43am
Quoting D1n3r0
This is a perfect example of why I scalp the market; we have Regular Divergence at the low of the day, the algorithm does what it is programmed to do, and it goes up 25 pips. Now an inexperienced trader using Divergence for an entry would make the trade thinking the market is going to fully turn and it just goes back down to make another possible low. Get your pips and go because the market can show divergence for an entire day before it turns which means keeps making lower lows and higher lows just to go up and go back down to make another lower...
Look at the 30min chart GBPUSD, it has been showing divergence since it opened.
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  • #24
  • Nov 12, 2025 9:10am Nov 12, 2025 9:10am
Great Day for trading
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  • #25
  • Nov 12, 2025 9:30am Nov 12, 2025 9:30am
I actually made a trade on this pair @909-939, got 3 pips on the dot, yeah it has gone up but remember I only care about high percentage trades off of the same pattern that I know statistically I will have a 90% chance of getting this trade right. I used to trade with a few guys, and I swear this man was making like 1k a day when I was trading with him, but he would just scalp for maybe 2 pips if he could get it but was putting like 6 lots on that trade. I really didn't like his trading plan because it was based around his ideology of market movement and not reality IMO and he would be extremely stressed out during a trade.

I've blown so many accounts off of one trade I don't even get mad about the money anymore its more about me being upset I didn't follow my trading plan. I promise this time around if I make a bad trade I will take the L and not remove my stop loss because you can never be right about all of your trades, sometimes execution may be off by 5min and that might hit your stop loss just to see it turn around and go up and hit your TP.
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  • #26
  • Nov 12, 2025 9:45am Nov 12, 2025 9:45am
Entry@341 Exit@371
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  • #27
  • Nov 12, 2025 11:51pm Nov 12, 2025 11:51pm
What bullish Hidden Divergence looks like, which means 'possible' continuation of trend.
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  • #28
  • Nov 12, 2025 11:52pm Nov 12, 2025 11:52pm
Money Management is key
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  • #29
  • Nov 13, 2025 1:46am Nov 13, 2025 1:46am
I'm looking forward to the live stream
GL
BN
  • #30
  • Nov 13, 2025 7:18am Nov 13, 2025 7:18am
Quoting BlackNapkins
I'm looking forward to the live stream GL BN
Appreciate it bro I’m definitely going to need it, I’m undefeated when it comes to spending months building up an account just to blow it on one over leveraged trade
  • #31
  • Nov 13, 2025 7:37am Nov 13, 2025 7:37am
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  • #32
  • Nov 13, 2025 7:39am Nov 13, 2025 7:39am
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  • #33
  • Nov 13, 2025 7:48am Nov 13, 2025 7:48am
Quoting D1n3r0
GREETINGS TO ALL OF MY FELLOW TRADERS ALL OVER THE WORLD Rags To Riches was inspired by a trader who didn’t have much money but turned a small account into a large account in a matter of months and after he made a certain amount of money he completely disappeared and deleted the thread and was never seen on Kreslik again. A little over 4 years ago I had just blown an 8K account and was completely in oblivion but was determined to figure this trading thing out because I really love the idea of trading. I stumbled across Bilal and his trading journal...
Interesting, especially the money management. I'm going to come see you, buddy...
Dax only.
  • #34
  • Nov 13, 2025 8:09am Nov 13, 2025 8:09am
Another nice example of bullish hidden divergence on the left chart. On the 30min chart we have regular bearish divergence at the high of the day.
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  • #35
  • Nov 13, 2025 8:10am Nov 13, 2025 8:10am
Quoting Tyross
{quote} Interesting, especially the money management. I'm going to come see you, buddy...
appreciate it
  • #36
  • Nov 13, 2025 8:12am Nov 13, 2025 8:12am
Quoting D1n3r0
Another nice example of bullish hidden divergence on the left chart. On the 30min chart we have regular bearish divergence at the high of the day. {image}
Hidden Divergence is where you get your continuations after price hits a high or low and retraces if that makes sense
  • #37
  • Nov 13, 2025 8:18am Nov 13, 2025 8:18am
Example of Regular Divergence on a longer time frame, I just don't have the patience to have lots on the table waiting hours for the market to move in my direction, I'm a pure scalper all in and out edition.
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  • #38
  • Nov 13, 2025 8:25am Nov 13, 2025 8:25am
Doesn't matter how many pips a pair has moved, if there is divergence the market/Algo is going to react, it just doesn't make too much sense trading a pair that takes this many ticks to hit a few pips.
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  • #39
  • Nov 13, 2025 8:46am Nov 13, 2025 8:46am
Bullish Hidden Divergence = Continuation, if you see regular bearish divergence at the high on the 1min you sell it every time for some pips and get out.
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  • #40
  • Nov 13, 2025 8:55am Nov 13, 2025 8:55am
This is Divergence but not the type of structure I like to see, I would like for it to go back down and make a lower low. 30min timeframe is what would have me waiting, it looks like it wants to go down some more.
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