this was the 30min and 1H div , we talked about yesterday i think was a nice move
I told you before i like your channels, especially the higher TimeFrames. I wish I would have notice the divergence, before it exploded up.. I had to play a breakout of monthly pivot, so im in later than you.
maybe, i think that just got us up to 1.31
id attribute 1.31 to 1.32 more to draghi however
and the fact that the weekly is showing hidden div.
i used a fast moving RSI
it puts in divergences faster than pretty much anything else
if you try RSI 3 you will see it on m5. it finally showed divergence after a 100 pip move (not even a stairstep breakout, just 100 pips pretty much straight up, its crazy!)
Well, I consider FX as my serious business.
5 Hours sleep..The rest spend time research on Time Cycle..
I use to be KING of MC, MC 9 time, never back test on DEMO.
I will never let it happen again mate
To do it as a living we must be sure about our own technical way like mok1one is !
thanks little but steady return...
no open longs ATM, maybe after a little retracement.
not consolidation hehe
Divergence
The problem with divergence is what timeframe and setting of your oscillator. I use standard settings of rsi,macd,cci. They will all show divergence and it is a common indicator in MT4 tools. I want to see what every trader sees.
Divergence is not an entry signal, but a warning for me to protect profits or look for new entry based on below:
Fractals, pivots, trenlines/channels= universal tools.
thats what matters! in the green
my curve not so good since new year, but its in the green anyway...
very choppy i have not been giving it anywhere near 100% effort.
i promise it will look more like an uptrend soon
also i have only traded 4 days since jan 1st
divergence is the strongest and most leading indicator there is.
if you use slow settings, you will get divergences for longer term moves..
fast settings are for scalping and getting pin point entries. i wish i could explain it better but if you just tried using RSI 3 for one week, and watched how price behaves once divergence shows up, you will see what i mean
i dont even have to wait for dojis to enter on pullbacks
very soon we will see another attempt from the bulls due to m5 hidden div on RSI 3 (hasnt showed up yet but it...
and broker
SHIT
im an idiot...
thats the first time ive ever messed up editing my chart in paint
had my account number shown
damn. Target 6 missed with 6 pips. Manual close for some very nice pips.
