OMG! is that image Kostas????

CHOROS System

Here is what they mean by M15 10 + M5 trades these guys are talking about. I use to actively trade those and they still occur every now and then. They are quite high probability setups if there is some trend. These are setups from yesterday and they ...

CHOROS System

I have been seeing the 15M 10 + M5 working pretty well and that is not just hind side. You need the patience to sit and watch intensely, something I don't have. Good on you mate!

CHOROS System

With the setup failure of USDJPY and USDCAD today, I am break even in my demo account. The USD seems to be gaining strength from the EURO crises. Looks like this is going to be a trend from now.

EASY H1 trading using divergence and candle sticks

No reason really. Thanks Julie for that post. Continuing div is something new to me. Anyway we may get something in USDCAD again.

EASY H1 trading using divergence and candle sticks

USDJPY H1 there is a divergence happening at a previous price swing point. However the The daily show a very strong bearish trend. and a bearish flag. Set my buy order above the pin. Update: Stopped for -1% on my demo.

EASY H1 trading using divergence and candle sticks

url For divergence to be valid there must be atrend followed by deceleration of price speed.

EASY H1 trading using divergence and candle sticks

Made a huge mistake — I entered USDCAD when there was no divergence. In this case it was not easy to tell if there is a divergence if you don't look carefully. Anyway the market went with my trade and I exit half at my 1st TP. Second is ...

EASY H1 trading using divergence and candle sticks

Fare reply NNbob. Good to know. Anyway. I know of a few professional swing traders that always trade without a SL, they use mental SL. They do that to avoid SL hunting. I know this is a weak argument but what I am trying to say is, I am testifying ...

No SL No Leverage Strategy - working so far

........ok you clearly do not understand why divergence happens.

EASY H1 trading using divergence and candle sticks

Thanks for sharing. In my opinion I think your GU trade today wasn't a valid divergence.

EASY H1 trading using divergence and candle sticks

Well I don't think he is interested in sharing more than he said. But he did hint that he use lower timframes. And I can see how it can work out.

EASY H1 trading using divergence and candle sticks

Though you are did not share your entry method in this post. I kind of get what you mean.

EASY H1 trading using divergence and candle sticks

Although your trades are wins you don't seem to be entering from H1 pin bars or engulfing. Mind if you explain your rules?

EASY H1 trading using divergence and candle sticks

Hey there PurePrice, nice spot on the USDCAD. the divergence occured at a very nice spot if viewed from the daily chart! I let it pass as well, the trigger wasn't there..

EASY H1 trading using divergence and candle sticks

My trigger is always a pin or engulfing. I would prefer to trade at a trend line or swing point as I said.

EASY H1 trading using divergence and candle sticks

I din take it because it wasn't a pin bar. it close in the middle of the bar....

EASY H1 trading using divergence and candle sticks

I would rather say in regular div. there must be a trend, for example in a down trend when price makes higher lows RSI will usually point to the opposite direction of the trend. It also means price is decelerating. So we take a trade against the ...

EASY H1 trading using divergence and candle sticks

That is definitely not a bullish Div. In a regular div the indicator lead the way. This is not the case.

EASY H1 trading using divergence and candle sticks

NU, yes but there is nothing in GU. It is neither a hidden div nor a regular div.

EASY H1 trading using divergence and candle sticks