Disliked{quote} Hi Likica, It looks like you're playing divergence mostly. The problem I have with CT is how do you know whether that Divergence will play out or not? As sometimes there will be a 2nd stop hunt before the divergence plays out. How do you decided to cut loss or hold on (or do you just have an sl and respect it?). I'll show you an example below, if I took a long at the Green arrow I put where all the conditions are great imo; but it then LL before actually heading upwards. Do you look at yesterday's daily candle too before you make your decision?...Ignored
good question from you and good answer from Griffinssoul mentioned about my rules:
- no trade entered when TDI is below 32 or above 68 or you will suffer big DD.
- do not trade into DOL, 200MA, S/R at 1st touch (rules stated on 1st post)
- after divergence formed, price usually retrace to make higher low (bullish divergence) or lower high (bearish divergence), therefore, your stop loss should be placed accordingly, it's up to you to play, I can't tell you exact pips as it depends on the pair, the swing high low and the range of that moment even though my intial SL/PT 50/50 but I usually adjust as trade in progress. Best to take divergence bounced off/ at support or resistant and where TDI not @OB/OS areas.
- I have Synergy_Pro_TDI which I found it more conservative than normal TDI as it does not let me enter a trade too early around overbought/oversold (68/32 levels).
I have low tolerant to bear big loss or staying in a losing trade if I monitored it, I would accept that I was wrong and exited my trade if market condition changed when spotting price making higher low and no support nearby (if I was in a sell) and vica versa for a buy . I could exit and re-enter it if a new signal showed up.
My largest SL could be upto 130pips if I saw H4 confirmed and I didn't have chance to be at my desk.
Appreciation is the key to wealth and happiness
... thnx for your time LK - gr8 support on this thread 
. Sounds like you're having a great weekend. If I could just to clarify with regards to PA in the example I gave, you don't take trades that are smallies and then a green BUEB? Or was it simply of that strong D1 Res in the way. I may have miss this from the thread on Lastingwell's Kink. Does it only apply on H4 TF? Are TDI Div bouncing off 32 better than it bouncing off 25 for a long scenario? Cheers.
