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- lgtj replied Dec 5, 2010
I don't know how to upload my template. Could you tell me how?
The Big "D" Method
- lgtj replied Dec 5, 2010
Once I enter the market, I'll have a trend line in place with the trend. Once the trend line is broken, I'll exit the trade with a win or a loss.
The Big "D" Method
- lgtj replied Dec 5, 2010
Hello skyzerfx. I'm not asleep at 7pm. I don't use a trailing stop or a SL with this method.
The Big "D" Method
- lgtj replied Dec 5, 2010
Hello daitya. 1) Entry is at the open of a new daily candle, which is the asian open or 7pm est. 2) Just recently started to trade this method after months of backtesting and really understanding how divergence work. I don't have any stats for you. ...
The Big "D" Method
- lgtj replied Dec 5, 2010
Hello ozziedave and thank you for your comments. You're right about having patience when trading the higher time frames. It's tempting for me also to trade the lower time frames because there are divergence set ups occurring there all of the time. ...
The Big "D" Method
- lgtj replied Dec 1, 2010
I exited this trade also because a closed candle broke the trend line. Entry was at 1.32822, and the exit was at 1.31694. The total is 112 pips. image
The Big "D" Method
- lgtj replied Dec 1, 2010
I exited this trade because a closed candle broke the trend line. Now I'll wait for a pullback to develop. Entry was at 1.35986, and the exit was at 1.31144. The total is 484 pips. image
The Big "D" Method
- lgtj replied Dec 1, 2010
Hello fxpilot. Yes, I prefer the daily charts because I have a full time day job, and I don't have time to monitor the charts. I don't use a stop loss because I prefer to let the market tell me when to close my trades whether it's a win or a loss. ...
The Big "D" Method
- lgtj replied Dec 1, 2010
[quote=Iamfx;4211654] Hello Iamfx. The fractals show me where to plot my trend lines, and the emas are used for the overall trend direction and momentum. General rule of thumb, if price is below the 200 ema, the trend is down. If price is above the ...
The Big "D" Method
- lgtj replied Dec 1, 2010
Here's a live example of hidden bearish divergence. image image
The Big "D" Method
- lgtj replied Nov 30, 2010
This is the way that I trade with divergence. God bless you all.
The Big "D" Method
- lgtj replied Nov 30, 2010
Entries con't — As long as the trend is in place, we can continue to enter with the trend. After we exit the market, we wait for the pullback to develop and plot another trend line. When that trend line is broken with a closed candle, we enter ...
The Big "D" Method
- lgtj replied Nov 30, 2010
Hello sam. It's the macd on my metatrader platform. I made a mistake with the settings on the first post. It's 12,26,1.
The Big "D" Method
- lgtj replied Nov 30, 2010
Entries con't and exits — Once we're in a trade, we must wait for price to develop and go in the desired direction. When price has gone our way, plot a trend line with the trend. When price retraces and breaks the trend line with a closed ...
The Big "D" Method
- lgtj replied Nov 30, 2010
Entries — Once divergence has been established, and the trend lines plotted, we must wait for a trend line to be broken with a closed candle. When a candle breaks and closes below the trend line, we enter at the open of the next candle. image
The Big "D" Method
- lgtj replied Nov 30, 2010
Tools — I use the 200 ema for the overall trend and, I use the 21 ema to show me momentum of the trend. The fractals are used to show me key areas of support/resistance, and the macd is used to show me divergence along with price action. The ...
The Big "D" Method