Disliked{quote} I only use APBs with wicks. When trading on M30, PA to me is about price actions (DIV/ OB, HH HL LH LL, PCRF, etc.) at a good location. No trade for me if price parks at no manland.Ignored
- #16,302
- Dec 21, 2016 2:08am Dec 21, 2016 2:08am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #16,304
- Dec 21, 2016 4:05am Dec 21, 2016 4:05am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
{quote} the sort of chart that confuses meyou have regular div short, hidden div long and now it looks like hidden div short possibly forming, is that right?
Appreciation is the key to wealth and happiness
- #16,307
- Dec 21, 2016 6:36am Dec 21, 2016 6:36am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #16,310
- Edited 4:00am Dec 23, 2016 2:42am | Edited 4:00am
Does someone mind checking this analysis out? still very new to this... but I've seen this as a potential long
+price bounced off YL/TL
+hidden bullish divergence but that's following bearish normal divergence so not enough... Have normal bullish divergence for extra confirmation.
+moving with the trend
So at this point would it be a valid entry once price moved above the DOL + 200 MA (at this point stochastic would be >50 as well as TDI crossing and price being above MBL+PAC).
Should I wait for extra confirmation in terms of waiting for HH's + HL's?
thanks for any help in advance
+price bounced off YL/TL
+hidden bullish divergence but that's following bearish normal divergence so not enough... Have normal bullish divergence for extra confirmation.
+moving with the trend
So at this point would it be a valid entry once price moved above the DOL + 200 MA (at this point stochastic would be >50 as well as TDI crossing and price being above MBL+PAC).
Should I wait for extra confirmation in terms of waiting for HH's + HL's?
thanks for any help in advance
- #16,312
- Dec 23, 2016 10:20pm Dec 23, 2016 10:20pm
Good Morning Friends,
Due to year ending market behavior is very strange so I quite live trading for a while and trying to some more practice on demo. I have two Mt4 installed in my laptop one for LK template which is demo account and another one is Live account with only TDI+Trend line so I clearly watch what happen to market in naked chart and if I found some thing interesting I check with demo account and note the possible S/R as per LK guidelines I am still struggling in LK style because some time I mark Divergence but sooner or later price turn back and resume the trend, or some time big boys hit SL with fake breakout and continue in our direction
Any way Stay Hungry Stay Foolish.
USDCAD H1 Demo:
Thank You.
$
Due to year ending market behavior is very strange so I quite live trading for a while and trying to some more practice on demo. I have two Mt4 installed in my laptop one for LK template which is demo account and another one is Live account with only TDI+Trend line so I clearly watch what happen to market in naked chart and if I found some thing interesting I check with demo account and note the possible S/R as per LK guidelines I am still struggling in LK style because some time I mark Divergence but sooner or later price turn back and resume the trend, or some time big boys hit SL with fake breakout and continue in our direction
Any way Stay Hungry Stay Foolish.USDCAD H1 Demo:
Thank You.
$
Newbie
- #16,313
- Edited 7:19am Dec 27, 2016 4:07am | Edited 7:19am
- Joined Nov 2013 | Status: Trader | 1,094 Posts
GBPUSD short,
correct Likica ?
TP Hit.
correct Likica ?
TP Hit.
- #16,314
- Dec 29, 2016 2:09am Dec 29, 2016 2:09am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
Potential for a short... {image}
I took it based on the trend, broken yesterdays low, tdi crossing mbl below 50 stoch below 50. I hindsight I see there was some bullish divergence
and sitting on 61. Butb I would be very interested on how you saw it.
- #16,317
- Dec 29, 2016 7:58am Dec 29, 2016 7:58am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
{quote} Likica can you take a look at my losing trade and possibly comment please? I took it based on the trend, broken yesterdays low, tdi crossing mbl below 50 stoch below 50. I hindsight I see there was some bullish divergence
Appreciation is the key to wealth and happiness
{quote} Take a look at my GJ chart (zoomed out for whole picture)...do you see more reasons why your short was bounced back up? Location is very important... {image}
Actually last night I was reading " how long does it take to become a consistent trader " and yes, women have a higher percentage of consistent traders and get there much quicker! my problem and probably many others is sticking to a set strategy. Can I ask what made you come to your particular one Likica?
- #16,319
- Dec 29, 2016 8:21am Dec 29, 2016 8:21am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
{quote} Likica can you take a look at my losing trade and possibly comment please? I took it based on the trend, broken yesterdays low, tdi crossing mbl below 50 stoch below 50. I hindsight I see there was some bullish divergence
the cautious seldom err....C