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EASY H1 trading using divergence and candle sticks

  • #1,161
  • May 30, 2012 10:20am May 30, 2012 10:20am
Quoting ofl007
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.
no i'll enter on both but I need my entries @ sup & res and I also like to enter at range limits on various timeframes. I'll have an area in mind for action and if i get what i'm looking for i'll jump on in!
  • #1,162
  • May 30, 2012 10:26am May 30, 2012 10:26am
Quoting icarusfx
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.

hope this helps
Yes thank it's clearer now!
  • #1,163
  • May 30, 2012 10:45am May 30, 2012 10:45am
Hi guys.. Regular bullish divergence on eu and gu.. Its a counter trend trade, but maybe draghi can do some favour for the bulls.. Anyone planning to take the trade?
  • #1,164
  • May 30, 2012 10:57am May 30, 2012 10:57am
Sup Pure Price, I'm trying to master the strategy that you're explaining in your trend, so as a mater of fact I made a summarize of some definition of divergence strategy plus some of your own post in a document and I taught that it can be useful for other follower of the trend. You can modified it or correct it as you want (My English is not so good but I copied most of the text in the document)
Attached File(s)
File Type: doc Divergence and candle sticks.doc   936 KB | 975 downloads
  • #1,165
  • May 30, 2012 10:59am May 30, 2012 10:59am
commodities devastated , bond yields hitting all time lows, stocks falling, risk off all over the place. Entering long here is just too risky for me and can't see any setup really (dollar index is just uber strong All rallies were used to sell into so I stay away or enter short only until we got a clear change of trend. good luck if you try it though
  • #1,166
  • May 30, 2012 11:46am May 30, 2012 11:46am
Now I see RSI(7) divergences on: AUDJPY, CHFJPY, EURJPY, EURUSD, GBPAUD.
  • #1,167
  • May 31, 2012 6:22am May 31, 2012 6:22am
with the USD being so strong lately, it is a good idea to stay with the trend. For us to trade with the trend, we look for hidden divergence at reactionary levels, and also wait for candle formations to tell us that the price will "probably" continue following the trend. Now is the time to look for that setup as we have hidden divergence almost on every Major pair and we have some bearish engulfing candles already formed. Bring up your charts , draw your lines, and wait for the price action to tell you that the trade is on .. good luck
  • #1,168
  • May 31, 2012 12:01pm May 31, 2012 12:01pm
Hey guys did you already used the indicator "TMA Slope"? It's an indicator that calculates the slope of triangulated moving average to determine where the trend is too strong to go against it. I think it can be useful what do you think?

Attached File(s)
File Type: mq4 TmaSlope.v1.4 Normalized-Scalping.mq4   10 KB | 534 downloads
  • #1,169
  • Jun 1, 2012 3:24am Jun 1, 2012 3:24am
Quoting ofl007
Hey guys did you already used the indicator "TMA Slope"? It's an indicator that calculates the slope of triangulated moving average to determine where the trend is too strong to go against it. I think it can be useful what do you think?

Attachment

I looked at the tma system and ran it next to the way I trade as they are/were similar. tma is a moving average with aveage true range banding. it looks good on backtesting as it repaints! having said that the current bar is always correct. you need the tmatrue which doesn't repaint to get a handle on how you could trade it, it's on ff somewhere. It wasn't an improvement on my system but each to there own.

regards
  • #1,170
  • Jun 1, 2012 7:10am Jun 1, 2012 7:10am
Quoting icarusfx
I looked at the tma system and ran it next to the way I trade as they are/were similar. tma is a moving average with aveage true range banding. it looks good on backtesting as it repaints! having said that the current bar is always correct. you need the tmatrue which doesn't repaint to get a handle on how you could trade it, it's on ff somewhere. It wasn't an improvement on my system but each to there own.

regards
Yes I did trade the extreme tma but what I wanted to brought is the tma slope can help to identify a strong trend that we don't want to trade against
  • #1,171
  • Edited 12:18pm Jun 4, 2012 11:18am | Edited 12:18pm
I'm short right now

I'm out now
13 pips

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1.PNG Size: 29 KB
  • #1,172
  • Jun 5, 2012 6:03am Jun 5, 2012 6:03am
nzdusd HD bullish
usdcad HD bearish(beware of news)
  • #1,173
  • Jun 7, 2012 2:44am Jun 7, 2012 2:44am
Bearish RD
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.png Size: 13 KB
  • #1,174
  • Jun 7, 2012 7:40am Jun 7, 2012 7:40am
Possible short setting up...

Olu
If you think you can or cannot do it you are correct
  • #1,175
  • Jun 7, 2012 8:23am Jun 7, 2012 8:23am
Quoting Olu
Possible short setting up...

Olu
Cancel possible setup...

Olu
If you think you can or cannot do it you are correct
  • #1,176
  • Jun 8, 2012 10:31am Jun 8, 2012 10:31am
Some of successfull example
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UJ divercence h4.jpg Size: 63 KB
Click to Enlarge Name: AJ divercence h4.jpg Size: 61 KB
Click to Enlarge Name: EU divercence h4.jpg Size: 85 KB
Click to Enlarge Name: ACH divercence h4.jpg Size: 84 KB
  • #1,177
  • Jun 10, 2012 6:24am Jun 10, 2012 6:24am
gold h1 hd bearish
eu m15 rd bearish
eu h1 hd bearish
audusd h1 hd bearish
good weekends
  • #1,178
  • Jun 11, 2012 11:17pm Jun 11, 2012 11:17pm
Hellooooooooooooooooooo
  • #1,179
  • Edited 4:03am Jun 12, 2012 3:38am | Edited 4:03am
This is my first post though I have been following this thread for many weeks.

Although the thread is no longer active, I just wanted to add my thanks to PurePrice, for taking the time to start the thread and to all the numerous persons who shared in tips, websites and advice that helped numerous newbies like myself.

THANK YOU ALL
  • #1,180
  • Jun 12, 2012 5:42am Jun 12, 2012 5:42am
Quoting zawad4u
Hellooooooooooooooooooo
There was little to none good divergence occured for this week.. Still looking for divergences for now. I think thats why this thread has been slow for this couple of days..
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