I read in few internet articles and MACD videos, that the trade will be of high probability if momentum and MACD Zero crossover builds together (refer circled area in AUDUSD M15 chart of 13/06/19). I found that seem to be positive in my backtests. ...

Hidden divergence

Many thanks Chamane and The Jube for your support & feedback

Hidden divergence

Seek your thoughts on trade management: How do you set the target when trading using drilldown technique & MACD. One of the common issues I saw in my recent trades is incorrect target setup. When taking an entry in M15 based on an HD in H2, I keep ...

Hidden divergence

AUDCAD, bearish HD in Daily, trade zone is present in H2 and likely entry is envisaged in M15. Though trade zone existed earlier also in H4 & H2, I awaited alignment of moving averages and now they are aligned in H2.

Hidden divergence

ECB rate decision has changed the view of short sell trades envisaged.

Hidden divergence

EURJPY has formed bearish HD in H4. Though MACD trade zone is present in H1 but momentum seems to have exhausted. Got to wait for next bearish momentum to form in MACD to make an entry.

Hidden divergence

If we plan an entry based on regular divergence (counter trend trade) then alignment of MAs and their order is immaterial.

Hidden divergence

Analysis under study: I added three Exponential Mvg Avgs - 10, 20, 30. If we look at H4 (HD) & H1(Trade Zone), the MAs are not aligned & also not going down supporting trade direction. Can the expectation of MAs to be fanning in the intended trade ...

Hidden divergence

Attached are screenshots of US30 shortsell trade taken now. Bearish HD in H1, Trading zone in M10 and trade entry in M1. Entry @ 24726, TP - 24650 & SL - 24774. Trade got stopped out. One of the mistakes I assume is that MACD line did not cross zero ...

Hidden divergence

Gerald Greene in his book has mentioned that he accepted timeframe correlation ratios (e.g. 8:1, 12:1) as he got it. I wanted to understand (if possible) little further on this multi timeframe correlation, why it should & shouldn't work? Any ...

Hidden divergence

DAX has got bearish HD in Weekly & Daily is in trade zone. Though MACD is below zero in H4 but momentum seems to be fading. I think we can take the next MACD cross over down below to zero in H4/H2. Your thoughts are welcome on the analysis of making ...

Hidden divergence

Few queries: a) Do you expect price to be below/above Moving Average (e.g. 10, 20 & 50 EMAs) for a sell/buy and are aligned in same direction, as additional confluence? b) When price broke a trendline in a timeframe & forms HD with some ...

Hidden divergence

Thanks for explaining with another example!

Hidden divergence

Is your entry at 1.12852 and initial SL near 1.1305 levels?

Hidden divergence

Nice chart setup with polarity change in key S/R level.

Hidden divergence

Made two entries, moved my stop to breakeven and both times my stop got hit without any profit despite of big move !!

Hidden divergence

Nice. I looked @ HD in H4, zone in M30 and made an entry in M5. Stop above the pivot high in M30. Position initially moved down but now shows reversals. Should we baby sit the position or follow set & forget approach. The former looks too tedious & ...

Hidden divergence

Thanks Chamane and The Jube for your feedback.

Hidden divergence

Missed my entries in JPY pairs and await pullback! The bullish HD in GBPAUD H4 failed. Any thoughts on GBPAUD HD? I took a long trade H4(HD)-H1(Trade zone) and M5(entry) but closed at breakeven. If the trading zone timeframe is much lower than that ...

Hidden divergence

Nice one

Hidden divergence