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- 148 Results (146 Replies, 2 Comments)
- Madscientist replied May 7, 2012
Yeah plenty of them. Did enter usdcad for a long trade at the break of the small candle. Watching gbpusd if I can get a better price to short, missed the pinbar break in m30. Edit: usdx is also showing a divergence to go long (im using trade ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 7, 2012
Just asking, is there any way we can post screenshots from iphone/ipads/android phones? Thanks.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 7, 2012
Thanks for the post. Actually I'm outside for now, having drinks with my friends. Anyway yeah thats the setup, but just wait for any reversal conformation. Like binyamin says, maybe we'll get a nice setup around 1.02 round number.. Cheers
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 7, 2012
Hit sl. Ah well no problem.. audusd is making a hidden divergence. Just need to wait for some kind of conformation..
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 7, 2012
Hi Binyamin. May I ask, when you're doing the backtest, did you take the divergence including the wicks or only took divergence from the open/close of the candles? Anyway, I saw a bearish hidden divergence in the making on gbpusd H1.. Will keep an ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 4, 2012
Just want to update on the trades I took just now when I when to have some dinner (sorry can't post my trades on the spot). Closed long for like +11pips,not much. Its scary to see such a kick on the resistance. After that saw a little divergence on ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 4, 2012
Aww slow nfp reaction. Anyway eurusd short hit sl for about +16. Open long to play the other bullish divergence. I entered quite late but well why not.. Opened at .3147 sl 30pips below. Hope it turns out good for me. Cheers
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 4, 2012
Thanks for making it clear. Anyway, looks like another regular long trade divergence came out on eurusd H1. Hard day to trade today eh. Will close shorts and open long if the price reach 1.3140. If not then I just hold onto the shorts.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 4, 2012
Oh no looks like I messed up. I didnt know that PurePrice only take divergence in OB/OS territory. Thanks for the point out, need to study more.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 4, 2012
Oh I didnt know UK will be on holiday on Monday. Yeah the calm before the storm, thats what people say. Anyway here's the trade I took from yesterday on eurusd. I'm not sure if it falls into divergence category. Please, feel free to comment, thanks.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 4, 2012
Good afternoon guys.. Quite a quiet day today eh.. Any thought on today's trades? Still holding short trades on eurusd and eurjpy for yesterday's divergence.. Going good on eurjpy but still stalling on eurusd..
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 3, 2012
I played short trade eurusd divergence on H1. Sorry cant post screenshot now, still outside. Anyone also take the trade?
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 3, 2012
I think he's expecting gu to drop a little bit below yesterday's low. If it does, we might see a divergence but quite a strong rejection aroung the .60 level. So no divergence for now. Or maybe he's using 1st may low as a divergence? Can 2013 ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 2, 2012
Good job guys for gbpusd setup, looks good. Personally i didnt take the trade, closed my trade day early, dont want to be taking some more stupid trades like i did earlier. Some kind of self punishment eh haha.. Cheers guys and green pips to all. ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 2, 2012
Thanks for the explanation. Appreciate it..
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 2, 2012
Yeah.. Need to be more discipline after this. Anyway just curious, why is it when usd getting stronger, yen is going down?
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 2, 2012
I set my stop loss at .87, around 40pips from my entry. Thought if the price breaks there its hard to go back up. Edit: 1 pip from stoploss. Price will touch it eventually. Ah well lesson learned, dont bloody gamble on forex..
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 2, 2012
Im on a long trade from .18.. Sorry i didnt clarify what trade im taking. Im taking from H1 gbpjpy. As i said just now im sort of gambling on the trade. And still holding the trade until now.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 2, 2012
Oh darn now im gambling.. Entered gbpjpy at .18, round number, divergence with potential pinbar. Awwww...
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 2, 2012
Gbpjpy also showing a hidden divergence on H1 and constuction pmi is 15 mins away.. But the downwards momentum os still strong imo.
EASY H1 trading using divergence and candle sticks