Darryl, the bottom example on the attachment matches the divergence at the time of your trade. Price painted lower high, oscillator painted higher number. This suggests continued weakness and that price should continue down. I just wanted to point it out. Again, I'm glad your trade worked out!
I blew my micro acc. waiting for the last turn. Why, because I believe and trust the method. Does not matter, the method works. Time to refund and make some real money.
2 nice trades justin, i was leary since morning was pretty choppy right around my up/down trend definer. 2nd trade was almost an instant win, ran 20pips in no time
2 nice trades justin, i was leary since morning was pretty choppy right around my up/down trend definer. 2nd trade was almost an instant win, ran 20pips in no time
Can someone explain if the candle with the arrow above it is correct?. I would of got stopped out..just. This seems to happen alot to me, but i use a slightly higher sl to combat this kind of situation. Also, I find it hard to understand what defines a trend. Look at thefallguy above me, clearly its a downtrend also like what ive done on my graph, but 4 swings before and uptrend formed and seemed to break the price of the previous down. Theres swings within swings and its not clear which is the true swing. Why wouldnt the bias turn to become an uptrend? (ur lookin at the trend 4 swings before) on the graph below. It broke price? surely?.
chewz, ur chart is a little different than mine, have you updated ur clock lately or maybe its just from diff brokers. you had a valid trigger bar, but then you have to wait for the next bar to break the low of the trigger bar to enter (enter is 1 pip lower than low of trigger)
