I have the same problem, but not only for this thread.
Ignored
Yes, it is a forex factory issue. As I recall someone mentioned in an other topic that there might be a maintenance going on during the weekend. Should be fixed by Tuesday or so.
Sorry I am newbie here, I was wondering if you could tell me what the pending trade I should take. long or short according this hidden divergence.
thanks in advance.
Ignored
Hi there,
Since you are a newbie as you claim, the best thing is for your to put in more studies and then make sure you have a demo account and trade what you see, or what you think it is. That is the only way you will learn and build confidence in your analaysis. You have to learn to do this yourself hence a demo account is good to start with. If you get it wrong then it was a demo trade anyway, you learn slowly and before you know it, you are a master chartist. so asking some one to tell you to take a sell trade or buy trade on a chart is just not the way, Demo trade it and figure it out. Also give it time, trading is a whole career on it's own and can not be rushed. Hope you take my point and go for it.
Just my two pips worth of advice.
Thanks
Born to rule my Economic World and Make a Difference!
Hi there... well I'm currently holding the last part of my sell position. (15min trade)
You need to wait for the candle to close to confirm your entry! there is no entry (atm) and no reason to enter long where you entered. Just seeing divergence is not enough..... think of it as more of a heads up that something "may" happen.
have another readthrough for Price action confirmation etc
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Joined May 2008
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Status: A fool and his money are soon......
|461 Posts
next support for gbp/usd is 1.55000 you should look for something there pa wise for a possible bounce but i'd not like to be long against the dollar at this point in time.... scalping is poss but I'm looking to enter with trend... hence the short on pullback.
Hi there... well I'm currently holding the last part of my sell position. (15min trade)
You need to wait for the candle to close to confirm your entry! there is no entry (atm) and no reason to enter long where you entered. Just seeing divergence is not enough..... think of it as more of a heads up that something "may" happen.
have another readthrough for Price action confirmation etc
kind regards
Ignored
Thank for the advise, yes the entry that you see are not good, I need then see a close of a pin bar or Engulfish, but my point was, is there really divergence all over the place right now and if so there will be plenty of opportunity probably
next support for gbp/usd is 1.55000 you should look for something there pa wise for a possible bounce but i'd not like to be long against the dollar at this point in time.... scalping is poss but I'm looking to enter with trend... hence the short on pullback.
Ignored
So you are just entering in hiding divergence? Because hide divergence is a trend continuation but all regular divergence are divergence of the actual trend.
Thank for the advise, yes the entry that you see are not good, I need then see a close of a pin bar or Engulfish, but my point was, is there really divergence all over the place right now and if so there will be plenty of opportunity probably
Sorry, my english isn't that good
Ignored
your english is very good!
yes there is divergence all over the place.... it will always occour after a "trend pause push " combo as i call it. If the push is into good support or resistance that when I get interested.
EASY H1 trading using divergence and candle sticks
