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EASY H1 trading using divergence and candle sticks

  • #921
  • May 14, 2012 7:34am May 14, 2012 7:34am
Quoting Zokynho
good result Bluemosaic,
you using mm of pureprice or your own?

regards
Thanks Zokynho.

Currently using PurePrice mm at the moment
  • #922
  • May 14, 2012 7:41am May 14, 2012 7:41am
I currently have three open trades on the go EURUSD +36 pips AUDUSD sitting +11 pips and USDCAD -12 pips .
So far today am negitive 24 pips but am working on getting them back into my account.
Mr pips your coming with me
  • #923
  • May 14, 2012 8:02am May 14, 2012 8:02am
Just exited AUDUSD teade small 3 pip profit am expecting USDCAD to move down away from ressistance level once again.
Mr pips your coming with me
  • #924
  • May 14, 2012 8:12am May 14, 2012 8:12am
Quoting FXprobe
Just exited AUDUSD teade small 3 pip profit am expecting USDCAD to move down away from ressistance level once again.
hi,

could you post a screenshot of your audusd trade?
  • #925
  • Edited 8:29am May 14, 2012 8:17am | Edited 8:29am
Quoting Ati_82
hi,

could you post a screenshot of your audusd trade?
Sorry didn't tske one the trade was only to fill in time while I was waiting when I noticed that USDCAD was getting stuck at ressistance I thought it was time to exit the AUS trade and short the CAD as I have noticed these two seem to to have negitive corralation. Will post soht of CAD.

Here is the shot of my CAD trade with some explanation as to why I took this trade and where my frist profit level is.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad ressistance.jpg Size: 109 KB
Mr pips your coming with me
  • #926
  • May 14, 2012 8:19am May 14, 2012 8:19am
That's pretty much when I trade. I would just caution you to let the market come to you and don't get impatient. There are some days when there are no attractive trades, so you will just need to sit on the sidelines. Staying out of bad trades is a great move when the setups are less than ideal. Better to risk a higher % of your account per trade on great setups than take everything that smells like a trade. Like all others, this system requires some discretion.

Scott

Quoting Luchetto93
I've seen lot of pips made during this month from all traders, but i can trade just NYO till the end of NY.. That's why i was asking that question.

Thanks
Prices are never too high to begin buying or too low to begin selling.
  • #927
  • May 14, 2012 8:40am May 14, 2012 8:40am
Quoting FXprobe
Sorry didn't tske one the trade was only to fill in time while I was waiting when I noticed that USDCAD was getting stuck at ressistance I thought it was time to exit the AUS trade and short the CAD as I have noticed these two seem to to have negitive corralation. Will post soht of CAD.

Here is the shot of my CAD trade with some explanation as to why I took this trade and where my frist profit level is.
Thanks for this - no divergence in this trade though - correct?
  • #928
  • May 14, 2012 8:45am May 14, 2012 8:45am
Quoting bluemosaic
Thanks for this - no divergence in this trade though - correct?
If you switch to a line chart you will see a good divergence just before the trend line break on RSI.
Attached Image (click to enlarge)
Click to Enlarge Name: cad line chart.jpg Size: 82 KB
Mr pips your coming with me
  • #929
  • May 14, 2012 8:52am May 14, 2012 8:52am
Should have kept my AUDUSD short open it has now moved 20 pips in that direction .

Never mind another one will come along soon.
Mr pips your coming with me
  • #930
  • May 14, 2012 9:45am May 14, 2012 9:45am
I'm seeing a divergence on AUD/USD 1HR. A good entry would be this pinbar, right?
  • #931
  • May 14, 2012 9:52am May 14, 2012 9:52am
usd -cad h1 seems hidden divergence.
aussie regular div but no trend change for now
  • #932
  • May 14, 2012 9:52am May 14, 2012 9:52am
What's going on with the GBPUSD anyone go any ideas??
Mr pips your coming with me
  • #933
  • May 14, 2012 10:56am May 14, 2012 10:56am
Quoting FXprobe
What's going on with the GBPUSD anyone go any ideas??
people probably still buying tickets for the olimpics
  • #934
  • May 14, 2012 11:04am May 14, 2012 11:04am
today was all about eur/cad for me.... just closed my shorts off the daily pivot 2930 area.

happy trading all!
  • #935
  • May 14, 2012 11:36am May 14, 2012 11:36am
Quoting icarusfx
today was all about eur/cad for me.... just closed my shorts off the daily pivot 2930 area.

happy trading all!
Can you please post chart showing divergence on this?

nice trade
  • #936
  • May 14, 2012 12:22pm May 14, 2012 12:22pm
have definitely found today slow going - saying that, better to stay out of trades than to take bad ones. Survive for another day

Well done to all who took pips today
  • #937
  • May 14, 2012 1:14pm May 14, 2012 1:14pm
Quoting bluemosaic
Can you please post chart showing divergence on this?

nice trade
Have a look @ a 1h chart it's plain as day!

Kind regards
  • #938
  • May 14, 2012 1:25pm May 14, 2012 1:25pm
Quoting icarusfx
Have a look @ a 1h chart it's plain as day!

Kind regards

I am really missing this one - please see image below

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 28 KB
  • #939
  • May 14, 2012 1:54pm May 14, 2012 1:54pm
Quoting bluemosaic
I am really missing this one - please see image below

thanks
I'm not sure coz i'm new to this method but i think this is the divergence.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 29 KB
  • #940
  • May 14, 2012 1:57pm May 14, 2012 1:57pm
Quoting Luchetto93
I'm not sure coz i'm new to this method but i think this is the divergence.
Yes I think that is divergence.
However that is not the point that icarusFx took the short trade and I am having trouble seeing divergence at that point marked with down arrow

Thanks
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