Good to know, thanks.

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I don't recall a 30 pip rule for setup candle , just that stop and TP never more than 26. Did I miss that somewhere?

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Divergence 123 may be setting up.

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Yes, at 9:35.

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The way I see it, trend has been up since we broke through 150 and will stay up at least for now until 150 is tested and broken through to the lower side. Did you guys get the last trade?

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No divergence at point 1. Divergence 123 at point 3 but too close to news for me.

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Looks like we should be seeing a breakout move in the near future.

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Oh yes, I see the support. Good call. And that first trade was trading off of resistance it looks to me.

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I should have added, I take the trade at the break of 2 which is not the rule for this strategy. Div. waits for the 1 pip break of the MA/CCI cross candle.

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Here. Was candle too long for comfort?

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Divergence 123 was a quick winner.

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d4n, What kept you out of the cross down in between those two trades? thanks

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Divergence now looking for 123

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Couldn't understand last post. What is dub and what is a mo bar?

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I'm cornfused. I know a regular set up candle has to be within 2.5 pips of the MA. But I thought 3 had to be within 2.5 pips of 2 in a 123 setup. If 3 isn't close to or past 2 doesn't it disqualify it as a valid 123? Most traders don't consider a ...

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While I was editing my post, RC got it right. High of 3 wasn't within 2.5 pips of the high of 2.

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I took it on the break of 2 but don't think it followed the rules. The high of 3 wasn't within 2.5 pips of the high of 2 . Plus news was coming.Correct me guys if I wrong.

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Specracer--Right. The typical entry on a 123 is the break of 2 so I'm assuming div. is wanting you within the 2.5 pips(coming from below on a buy) plus one pip past an MA and CCI cross and close. I personally like to see the break of 2.

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Divergence 123 pattern starting to setup. ?

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Ok, I'm on same page as you now. Adjusted my settings. I feel good about seeing the setup as it unfolded. A setup like that, earlier in the trading day will have me licking my chops.

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