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Nala66 replied Jun 10, 2016Thanks for replying shyean There you go now you have a hidden reversal signal (not divergence) on your 4 hour chart. Divergence and reversals are entirely different things like apples and oranges, the shapes may be similar but there the comparison ...
Hidden divergence
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Nala66 replied Jun 10, 2016Just so you know that I know what I am talking about here is my daily GBP/JPY which I have continued to post in other threads Note at this stage we are exactly at the reversal 50% level and have just bounced off support. The Yen could easily take ...
Hidden divergence
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Nala66 replied Jun 10, 2016Thanks JefFX I appreciate you taking the time to answer. I am not trying to be stroppy with you guys. I have been trading for many years and went to school with Noah. At that time we believed the world was flat and we would fall off if we go too ...
Hidden divergence
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Nala66 replied Jun 10, 2016My advice for what it is worth is to stay out of these long term trades because the Brexit decision may have a serious impact on your account. it may even rum through your stops so check your broker agreements regarding stops... You don't need ...
Hidden divergence
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Nala66 replied Jun 10, 2016Hi Y'all Still waiting for an answer as to why you keep referring to hidden divergence when yours are not hidden. Don't refer me to Baby Pips they just keep reiterating the same old stuff that puts traders on the wrong track. The only difference ...
Hidden divergence
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Nala66 replied Jun 10, 2016Hi Chamane I have been following this thread and your comments on so called hidden divergence for some time now. What I would like to know is why you call it this when in the last post you made you say it has to be obvious, so how is it 'hidden'? ...
Hidden divergence
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Nala66 replied Jun 9, 2016In my long experience as a currency trader I have come to some very deep i.e. profound conclusions. All my best trades are winners. All my bad trades are losers.
Dear traders, share your trading methods
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Nala66 replied Jun 9, 2016Thank you very much, now go to the top of the class and give out the pencils.:nerd:
The Quartile Trader
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Nala66 replied Jun 8, 2016Remember always it is not how much you expect to win that wins the battle it is the protection of loss. I get plenty of losses because things don't always go to plan but we plod on always giving it our best shot. The rewards for effort far and away ...
The Quartile Trader
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Nala66 replied Jun 8, 2016OK my first Quartile is a little tighter than yours for the first trade. See how price is trying to make the Higher High... This is when we place our pending order to short at the Quartile level. Price fails to make the high and comes back to pick ...
The Quartile Trader
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Nala66 replied Jun 8, 2016Ok Amoc... The first thing is you decide what to risk per Quartile (I use 5% and you will see why shortly) We know the Quartile is 20 pips. We calculate 5% of our account and divide by 20 this gives us the lot size to enter with. For example a $1000 ...
The Quartile Trader
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Nala66 replied Jun 7, 2016I like to use the Grand Old Duke of York method. When it is going up...I trade up When it is going down... I trade down And when it is already half way up I trade neither up nor down. Works all the time on any time frame and any pair.
Dear traders, share your trading methods
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Nala66 commented Jun 7, 2016Actually I had already made my daily objective before the spike and was in the garden raking leaves. I trade for percentages of my account not pips. I have never understood why folks trade for long term periods. I took the second 20 pips for 5% ...
British pound’s wild ride: ‘Fat finger’ or Brexit freakout?
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Nala66 commented Jun 7, 2016Well I am not an harmonic trader but I too see nothing unusual about this move. Price couldn't break the support at the bottom so then it test the resistance at the top and broke it. This happens all day everyday. I can't see any problem with that. ...
British pound’s wild ride: ‘Fat finger’ or Brexit freakout?
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Nala66 replied Jun 2, 2016OK no more visitors to my webinar please. Hard luck for those of you who missed out. I may allow it again later down the track but for now I have enough on my plate to teach those who have opted to join as permanent members. I trust many of you have ...
The Quartile Trader
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Nala66 replied May 31, 2016I appreciate the fact that many of you would like to attend a webinar or two. Some come just to check us out and I believe that is fair enough because I wouldn't like to join anything I haven't tried first to see if it suits me. Others see the ...
The Quartile Trader
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Nala66 replied May 30, 2016Hello amoc Sure you can join one of our webinars, just send me a private message with your name, location and Email and I will send you the link. I don't teach strategies as such but rather how the price moves, it is for the individual to formulate ...
The Quartile Trader
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Nala66 replied May 20, 2016Don't forget why we are using a Quartile in the first place and that is to apply a stop at our max risk distance expressed as a percentage of our account. If we don't set the stop at the exact same time as our entry then we place ourselves in harms ...
The Quartile Trader
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Nala66 replied May 20, 2016Here is something else we keep an eye on... The breaking of the lower lows in this case. See how the price makes the bigger efforts.
The Quartile Trader
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Nala66 replied May 20, 2016Someone earlier asked about entries. Well these are taken in the normal way of a trend line break. The Quartile just lets us see the picture more clearly, Here on the GBP/JPY we clearly see a bullish start (red) where the price pulled back 75% and ...
The Quartile Trader