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  • #70,641
  • Aug 10, 2016 6:17pm Aug 10, 2016 6:17pm
Quoting SlownSteadyy
Can someone please tell me whether I have spotted the divergence properly The price has made a higher low and TDI has made a lower low (Hidden Divergence). So the up trend is likely to continue? Thanks in advance {image}

there was no bullish reversal at the time of your post, market was in consolidation seen on your chart - big candle (Mother bar), small candle (Inside Bar).
you must see new swing low with price action, plus the APB must show a change in colour and TDI has to cross up.
without a swing low, there is no divergence to look for.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,642
  • Aug 10, 2016 9:04pm Aug 10, 2016 9:04pm
On watch: EUR/GBP 4H for TDI cross
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  • #70,643
  • Aug 10, 2016 9:19pm Aug 10, 2016 9:19pm
Found it from a blog, but I forgot it where. They said never got loss by using it. Anyone have this? Please share. Thanks.
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  • #70,644
  • Aug 11, 2016 12:54am Aug 11, 2016 12:54am
HI Emmanuel,

When you look at PASB, something like WRB, BUEB, BEEB and etc, you look at APB or Japanese candle?

Regards,
muyir
Trade your belief, trade like Emmanuel
  • #70,645
  • Aug 11, 2016 1:44am Aug 11, 2016 1:44am
Quoting muyir
HI Emmanuel, When you look at PASB, something like WRB, BUEB, BEEB and etc, you look at APB or Japanese candle? Regards, muyir
Hi,

Only use the real price - either the Bar Chart or Candlestick Chart, for all price action and support and resistance trading.

the APB is not real price, its an indicator and you can make any trade orders using the APB..

Also see this post:
http://www.forexfactory.com/showthre...12#post9072512
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,646
  • Aug 11, 2016 1:53am Aug 11, 2016 1:53am
Emmanuel
what's think eurgbp i think down today pls reply post
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  • #70,647
  • Aug 11, 2016 2:00am Aug 11, 2016 2:00am
Quoting emmanuel7788
{quote} Hi, Only use the real price - either the Bar Chart or Candlestick Chart, for all price action and support and resistance trading. the APB is not real price, its an indicator and you can make any trade orders using the APB.. Also see this post: http://www.forexfactory.com/showthre...12#post9072512
Thanks.

When we talk about using the previous H/L of last 2 or 3 bars as SL, I believe it is also about H/L of Bar Chart, not APB. Right?
Trade your belief, trade like Emmanuel
  • #70,648
  • Aug 11, 2016 2:35am Aug 11, 2016 2:35am
Quoting saranga
Emmanuel what's think eurgbp i think down today pls reply post {image}

Always use Post#647 as your trading checklist:

When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...

Look at the candles on the last reversal... big, little, what

How does the momentum look right now (12-2, 4-6)

Does Stoch's confirm the TDI signal

Sounds like a lot of stuff but it's basic stuff and only takes a moment to observe it...
...

Your chart shows EURGBP is in consolidation ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,649
  • Aug 11, 2016 2:36am Aug 11, 2016 2:36am
Quoting muyir
{quote} Thanks. When we talk about using the previous H/L of last 2 or 3 bars as SL, I believe it is also about H/L of Bar Chart, not APB. Right?

yes. only use the real price bar.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,650
  • Aug 11, 2016 4:23am Aug 11, 2016 4:23am
EURGBP Aug 11 H4

big candle, small candles,... do not take any TDI cross setup after a big candle..., early sign of market consolidation after big candle.

that big candle become a Master Candle, then trade the breakout.

but we see the previous month high above, that is 'resistance'.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,651
  • Aug 11, 2016 4:29am Aug 11, 2016 4:29am
Quoting emmanuel7788
EURGBP Aug 11 H4 big candle, small candles,... do not take any TDI cross setup after a big candle..., early sign of market consolidation after big candle. that big candle become a Master Candle, then trade the breakout. but we see the previous month high above, that is 'resistance'. {image}
Current price is quite close to previous month high, it is a bad sign for opening trade till a new break.
Also, TDI green is quite flat

Both saying no setup.
Trade your belief, trade like Emmanuel
  • #70,652
  • Aug 11, 2016 4:56am Aug 11, 2016 4:56am
EURUSD Aug 11 - D1 chart, what do you see in the price action?

this pair was bullish the past 2 days, so we look for buy setups and trade the continuation.

resistance above is in the region 1.1221 and 1.1233 .. possible it will make a new MN high.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,653
  • Aug 11, 2016 7:52am Aug 11, 2016 7:52am
What a choppy markets these days！！！
  • #70,654
  • Aug 11, 2016 8:20am Aug 11, 2016 8:20am
Quoting bigcakex
What a choppy markets these days！！！
vacation season.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #70,655
  • Aug 11, 2016 9:39am Aug 11, 2016 9:39am
Profits to be had extra careful entry and money management. Have to revise down targets sometimes when trading TMS. Not sure 4hrs is the way to go when markets choppy.

Different strokes for different folks i suppose!
We're all just one trade away from humility.
  • #70,656
  • Aug 11, 2016 9:56am Aug 11, 2016 9:56am
Quoting heispark
{quote} vacation season.....
heispark - many thanks for the four Joe Dinapoli trading videos you posted the other day. I enjoyed them
  • #70,657
  • Aug 11, 2016 3:23pm Aug 11, 2016 3:23pm
Quoting bigcakex
What a choppy markets these days！！！
stay away trading low timeframes and intraday.
when you trade less, you will lose less.
it's a market where only the smart money wins.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,658
  • Aug 11, 2016 3:53pm Aug 11, 2016 3:53pm
Quoting kain775
{quote} imo that is divergence, however i notice you went in very early with like a tini tiny dogi apb. this trade may end up working out as the trend is strongly bullish ....but if it does it is more due to luck [unless you are considering some aspects in price/tdi unknown to me] where you took your trade, you had nothing to support it. i would take your setup if price had just bounced off a brn there .....or if there was a diagonal trendline coming up from below and price bounced on your trendline previously atleast two times, and now had just...
Quoting emmanuel7788
{quote} there was no bullish reversal at the time of your post, market was in consolidation seen on your chart - big candle (Mother bar), small candle (Inside Bar). you must see new swing low with price action, plus the APB must show a change in colour and TDI has to cross up. without a swing low, there is no divergence to look for.
Thanks for the advice guys Still learning and I really appreciate your help
  • #70,659
  • Aug 11, 2016 5:16pm Aug 11, 2016 5:16pm
A bound trade in UJ.
From D1, BUEB appeared. And see some strong strong around 101.75 recently.
SL set to 101.15

Is it a valid one?
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Trade your belief, trade like Emmanuel
  • #70,660
  • Aug 11, 2016 7:12pm Aug 11, 2016 7:12pm
Quoting muyir
A bound trade in UJ. From D1, BUEB appeared. And see some strong strong around 101.75 recently. SL set to 101.15 Is it a valid one? {image}
well, like you seen, D1 was a BUEB which is good.
look at the W1, last week was one of those 'spinning top' Japanese candle, market is sideways, not decided where to go..up or down?

the H4 setup look good and you can probably grab few pips and run.
the PA is at BRN 102.00 and these BRN attracts the price action like "magnets" ...(who said this?)

above the current H4 PA is resistance - the D1 10EMA 102.13 is above, the W1 10EMA 103.75 much higher up.
and last week' high 102.82,
this week' swing level is 102.56

manage well and grab the pips, the Tokyo traders must be hungry after yesterday bank holidays.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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