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Divergence Pip Range Trading

  • #421
  • Mar 30, 2017 5:46pm Mar 30, 2017 5:46pm
Quoting FlipFlopGC
{quote} I wouldn't so much as say the pattern repeats at that time but more often than not you'll see the open produce some movement and typically a setup will or have occurred off of the that move.
I wondered if specifically the NY Open, due to the tendency to reverse any moves in the session previous to that (the UK am).
  • #422
  • Mar 30, 2017 6:39pm Mar 30, 2017 6:39pm
Quoting lemercenaire
{quote} I wondered if specifically the NY Open, due to the tendency to reverse any moves in the session previous to that (the UK am).
Yeah, it's quite often I'll wake up to the reverse of the London move. That being said, I do prefer trading the London session.
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  • #423
  • Mar 31, 2017 8:59am Mar 31, 2017 8:59am
A video of a setup forming this evening:

Inserted Video
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  • #424
  • Apr 3, 2017 6:39am Apr 3, 2017 6:39am
Hi Flipflop,

would you consider USOil 1HR a good setup?
Attached Image (click to enlarge)
Click to Enlarge Name: q1.png Size: 92 KB
  • #425
  • Apr 3, 2017 6:48am Apr 3, 2017 6:48am
Hi Batavia,

Certainly looks promising, I'd probably want to see a confirmation before entering. Break of the rising trendline for example.
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  • #426
  • Apr 3, 2017 6:59am Apr 3, 2017 6:59am
Promising system. Just confuse too many confirmation. Need to learn more from chart trade
Risk comes from not knowing what you're doing.
  • #427
  • Apr 3, 2017 7:02am Apr 3, 2017 7:02am
Quoting dragonexpert
Promising system. Just confuse too many confirmation. Need to learn more from chart trade
hi Dragon, what makes you say that? I rely on one confirmation and that's it...
flipfloptrader forum
  • #428
  • Apr 3, 2017 7:31am Apr 3, 2017 7:31am
Quoting FlipFlopGC
Hi Batavia, Certainly looks promising, I'd probably want to see a confirmation before entering. Break of the rising trendline for example.
Definately, I was thinking about a close below the Tenkan Sen. Which line do you mean with the trendline?
  • #429
  • Apr 3, 2017 7:50am Apr 3, 2017 7:50am
Something like this perhaps Batavia...

Attached Image (click to enlarge)
Click to Enlarge Name: q1.png Size: 83 KB
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  • #430
  • Apr 3, 2017 8:30am Apr 3, 2017 8:30am
Quoting FlipFlopGC
Hi all, My first foray into posting a new topic. I've been using piprange charts for 7 years and via the contributions of @Rockypoint using the Ichimoku indicator, I've been able to combine my use of divergence and Ichimoku. I thought I'd share some examples and try and generate some discussion on the much neglected method of using pip range charts. To me they provide a much clearer picture of the market and provide a different perspective on charting. I am very much a technical trader and firm believer that patterns repeat themselves. Hopefully...
Great system mate. I use the similar system.
I much prefer using the stochastic is the divergence indicator rather than RSI.
For triggering the trade I use CCI and supertrend indicator.
If the CCI > 0 or >100
and the the current supertrend has been broken
and price is above the tenkan and kijun line
then i will open the trade accordingly.
This is not investment/trading advise. Will not hold accountable for loss
  • #431
  • Apr 3, 2017 9:06am Apr 3, 2017 9:06am
Quoting FlipFlopGC
Something like this perhaps Batavia... {image}
Nice! I'm bagging some pips here as we speak.
  • #432
  • Apr 3, 2017 5:06pm Apr 3, 2017 5:06pm
Quoting yousername
{quote} Great system mate. I use the similar system. I much prefer using the stochastic is the divergence indicator rather than RSI. For triggering the trade I use CCI and supertrend indicator. If the CCI > 0 or >100 and the the current supertrend has been broken and price is above the tenkan and kijun line then i will open the trade accordingly.
Thanks, it's certainly been very good to me.

Do you have a screenshot?
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  • #433
  • Apr 3, 2017 5:07pm Apr 3, 2017 5:07pm
Quoting BataviaTrade
{quote} Nice! I'm bagging some pips here as we speak.
How'd you go? I called it a night and got some sleep, slow night from my end with just 1 trade.
flipfloptrader forum
  • #434
  • Apr 3, 2017 8:34pm Apr 3, 2017 8:34pm
Quoting FlipFlopGC
{quote} Thanks, it's certainly been very good to me. Do you have a screenshot?
Hey mate, I want to correct my previous statement. I prefer to use the Stochastic as divergence rather than CCI.

Here is the screenshot of the divergence

That white and blue lines are the tenkan and kijun line. I prefer it to cross and price breaks through the supertrend and CCI breaks above 100/-100 for a long trend.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 32 KB


In the screenshot the CCI period that I should use is 31 instead 50.
This is not investment/trading advise. Will not hold accountable for loss
  • #435
  • Apr 3, 2017 8:43pm Apr 3, 2017 8:43pm
Quoting FlipFlopGC
{quote} Thanks, it's certainly been very good to me. Do you have a screenshot?
Possible bullish divergence from the 1HR AUDUSD chart

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 26 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #436
  • Apr 3, 2017 8:55pm Apr 3, 2017 8:55pm
Best of luck and thanks for posting
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  • #437
  • Apr 5, 2017 2:29am Apr 5, 2017 2:29am
A video explaining first trade of the day:

Inserted Video
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  • #438
  • Apr 5, 2017 4:44am Apr 5, 2017 4:44am
Quoting FlipFlopGC
A video explaining first trade of the day: https://www.youtube.com/watch?v=tf_5...ature=youtu.be
Thanks for the post.
This is not investment/trading advise. Will not hold accountable for loss
  • #439
  • Edited 8:15am Apr 5, 2017 7:27am | Edited 8:15am
Quoting FlipFlopGC
{quote} How'd you go? I called it a night and got some sleep, slow night from my end with just 1 trade.
Hi FlipFlop, netted with a small profit, since the spread is a hefty 5 pips. Now looking at AUDUSD.

btw do you trade at all on a FOMC MM day?
Attached Image (click to enlarge)
Click to Enlarge Name: AUSUSD.PNG Size: 70 KB
  • #440
  • Apr 5, 2017 8:14am Apr 5, 2017 8:14am
eur/usd
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.PNG Size: 91 KB
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