EASY H1 trading using divergence and candle sticks | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Divergence and hidden Divergence 122 replies

Extracting Historical Prices but only certain Candle Sticks 0 replies

The Market Explained by candle sticks and price action 124 replies

High's and Lows of Candle Sticks 7 replies

I'm loving Candle Sticks, newbie's check'em out 24 replies

Attachments: EASY H1 trading using divergence and candle sticks
Exit Attachments

EASY H1 trading using divergence and candle sticks

  • #461
  • Apr 24, 2012 7:40am Apr 24, 2012 7:40am
Quoting julie1585
Regular divergence on GU with pin bar.

div also on 4h
Just found out that there is a div on H4. Might keep the trade a little longer than planned.
Thanks julie.
  • #462
  • Apr 24, 2012 9:25am Apr 24, 2012 9:25am
hello buddies
This the first time to subscribe through this thread and i like it very much
i think there is higher high which is a regular divergence on TF4hr for GBP/usd
i think may be what u mean please confirm .
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 15 KB
  • #463
  • Apr 24, 2012 9:41am Apr 24, 2012 9:41am
welcome fxzullo
yes you are right; higher high on price but lower high on the indicator.
  • #464
  • Apr 24, 2012 9:43am Apr 24, 2012 9:43am
I think divergence is forming on H1. A beautiful pinbar is forming now. Comments accepted.
  • #465
  • Apr 24, 2012 9:58am Apr 24, 2012 9:58am
I vote yes for it =)
  • #466
  • Apr 24, 2012 10:10am Apr 24, 2012 10:10am
- XAU/USD 1H -

http://i.imgur.com/zTDAC.gif

Green line is SMA 200. Price oftenly bounces off it.
  • #467
  • Apr 24, 2012 1:27pm Apr 24, 2012 1:27pm
divergence eur aud h1 and h4
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur aud 1H.gif Size: 15 KB
Click to Enlarge Name: eur aud h4.gif Size: 15 KB
  • #468
  • Apr 24, 2012 1:42pm Apr 24, 2012 1:42pm
aud usd h1
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd h1.gif Size: 16 KB
  • #469
  • Apr 24, 2012 4:29pm Apr 24, 2012 4:29pm
Quoting kempo
divergence eur aud h1 and h4
Nice work to pick out the divergence Kempo . Sorry I couldnt post earlier. This one had a bearish englufing candle following the post by Kempo (although it appears that he entered early before candle confirmation). The divergence plus bearish englufing gave a nice short setup around 12823 and trigger below 12820 and SL at 12840 and now is sitting at TP2 at 12780 ( for around 40 pips)
  • #470
  • Apr 24, 2012 4:58pm Apr 24, 2012 4:58pm
Usd jpy divergence h1 + good resistance in h1 and h4
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd jpy h1.gif Size: 14 KB
Click to Enlarge Name: usd jpy h4.gif Size: 14 KB
  • #471
  • Edited 4:08am Apr 25, 2012 3:22am | Edited 4:08am
Quoting Madscientist
Just found out that there is a div on H4. Might keep the trade a little longer than planned.
Thanks julie.
gbpusd Reg div vs hidden - which will win out?

I just got stopped out on my reg div trade from last night. Took my stop then reversed, praps it was a little too close to R1 ggrrrr.

Anyway here is a chart of this weeks pound showing all the divergences i could see. hidden divergence with the trend is the clear winner.

Regards,
Julie

edit: 60 pips trade with trend is actually regular divergence not hidden although it was with trend. so hidden pips was 206 and regular was 76 plus 60 plus the 50 i just missed = 186. so either regular or hidden is great way to trade if we stick to the rules.

Wait for confirmation and place pending order under the signal candle (as PurePrice says)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd hidden and reg div.jpg Size: 118 KB
  • #472
  • Apr 25, 2012 3:34am Apr 25, 2012 3:34am
Quoting julie1585
gbpusd Reg div vs hidden - which will win out?

I just got stopped out on my reg div trade from last night. Took my stop then reversed, praps it was a little too close to R1 ggrrrr.

Anyway here is a chart of this weeks pound showing all the divergences i could see. hidden divergence with the trend is the clear winner.

Regards,
Julie
Went down this time...

Olu
If you think you can or cannot do it you are correct
  • #473
  • Apr 25, 2012 3:35am Apr 25, 2012 3:35am
Quoting julie1585
gbpusd Reg div vs hidden - which will win out?

I just got stopped out on my reg div trade from last night. Took my stop then reversed, praps it was a little too close to R1 ggrrrr.

Anyway here is a chart of this weeks pound showing all the divergences i could see. hidden divergence with the trend is the clear winner.

Regards,
Julie
i have no words, if i use words they won't be pretty ones, i have been stalking this short all week, lol omg. i was just looking at eurusd and when i clicked back .... well lets just say take a deep breathe, and move on ... next
  • #474
  • Apr 25, 2012 3:50am Apr 25, 2012 3:50am
Quoting julie1585
i have no words, if i use words they won't be pretty ones, i have been stalking this short all week, lol omg. i was just looking at eurusd and when i clicked back .... well lets just say take a deep breathe, and move on ... next
my short trade for GU got stopped lol.. price hit my sl (73=70+spread) and dived when the news came out haha..

ah well need to work out on the sl placement, and yeah move on..
  • #475
  • Apr 25, 2012 3:53am Apr 25, 2012 3:53am
Quoting Olu
Went down this time...

Olu
Did you catch it? Did anyone else?

Lessons i learnt from this trade -

1. i moved my stop closer during the day as it seemed "safe" to do so. My original stop would not have been hit.

2. looking at the trendline the upper wicks make for divergence, might be good idea to keep stop above that while it takes its time to decide. Divergence seems to take a few candles to play out.

3. place entry order when divergence spotted otherwise you can blink and miss 50 pips (apparently)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd trade.jpg Size: 111 KB
  • #476
  • Apr 25, 2012 4:01am Apr 25, 2012 4:01am
Quoting julie1585
Did you catch it? Did anyone else?

Lessons i learnt from this trade -

1. i moved my stop closer during the day as it seemed "safe" to do so. My original stop would not have been hit.

2. looking at the trendline the upper wicks make for divergence, might be good idea to keep stop above that while it takes its time to decide. Divergence seems to take a few candles to play out.

3. place entry order when divergence spotted otherwise you can blink and miss 50 pips (apparently)

thanks for the pointers there julie.

skimming through the majors, some of the have diverged some in the making.

starting to love trading div lol..
  • #477
  • Apr 25, 2012 4:26am Apr 25, 2012 4:26am
Quoting julie1585
Did you catch it? Did anyone else?

Lessons i learnt from this trade -

1. i moved my stop closer during the day as it seemed "safe" to do so. My original stop would not have been hit.

2. looking at the trendline the upper wicks make for divergence, might be good idea to keep stop above that while it takes its time to decide. Divergence seems to take a few candles to play out.

3. place entry order when divergence spotted otherwise you can blink and miss 50 pips (apparently)
hi,
the first hour in london session ,pair swings more than expected thats the reason it has triggered ur sl.otherwise you catched a highway runner today of bad news from uk.
  • #478
  • Apr 25, 2012 4:36am Apr 25, 2012 4:36am
Div in eurusd H4 but no div on H1.. Quite scary to enter.. What do u guys think bout this?
  • #479
  • Apr 25, 2012 4:38am Apr 25, 2012 4:38am
reg div in eur usd 15 min time frame is evolved.
  • #480
  • Apr 25, 2012 4:48am Apr 25, 2012 4:48am
Quoting vasude
reg div in eur usd 15 min time frame is evolved.
Aw got it thanks..
Anyway just asking, whats the max period do u guys take div setup? I mean do u take a div that occurs in the period of like for example 5 days, or less than that?
1 trader viewing now