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- 148 Results (146 Replies, 2 Comments)
- Madscientist replied May 1, 2012
Yeah. Same direction but at a different rate. Anyway hope that you guys end the day with green pips. I did set up some small size stop orders for some pairs (divergence trades) and just leave it alone for tonight. Cheers guys. Regards Madscientist
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Ermm wow I noticed after the US ISM news rally, there are a lot of pairs showing very potential divergence trade. Eg like PurePrice stated, most divergence occurs at a critical levels (round numbers, sup/res lines/channels and so on). Can we some ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Thanks PurePrice for the insight
. I'll keep an eye on the trade, looks promising..EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
hit tp at .80. ah well enough for me today. how about you guys, still holding gbpjpy trades?
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Aww make sense. I also saw a hidden divergence on gbpusd with a tweezer (that;s what I called it lol), might play it, and I'm expecting gbp pairs will go up even for a while.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
the trade from earlier. its seems like its hard to break the .50-.60 area.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Same here. I also want to thank to you guys for helping me learn about this method. I'll be posting my trades till god knows when, hope you guys will drop comments for me. Thanks and cheers guys. Regards
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Yeah but for me im looking for a deviation of 2.0 (quoting from henry liu's website) on the data for gbp to go with strong momentum. So i will be eyeing on usd's ism figure later.. But anything can happen, i just need to figure out some 'if then' ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Yeah ur right. Kinda flat rsi bottom on H1 but still playable on H4, need to wait for some reversal pattern there.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
I did lol. Hit buy stop at .29 just now. Counter trend trade is kinda killing me but hmm but indeed market dont care what im thinking so i just go for a long trade here haha..
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Wow quite a potential pin bar on gbpjpy. I think its still tradable later in the day. Did setup buy stops above the doji+pinbar sl couple of pips below todays low, will update if it plays out. Regards
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Or maybe not? Ism printed out weaker figure than expected, but not by much.
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Sorry but what do u mean by short bearish line? About the long trade i plan to do so on gbpusd and gbpjpy(maybe).
EASY H1 trading using divergence and candle sticks
- Madscientist replied May 1, 2012
Also regular divergence to go long on gbpusd on both H1 and H4. Edit: oops sorry its a hidden divergence on H4 and regular divergence on H1.
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 30, 2012
thanks man.. cheers

EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 30, 2012
Aww sorry i didnt specify the divergence.. Anyway pureprice, do the setup valid if i took it?
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 30, 2012
Im sorry im outside right now. But u can try to find the divergence. The low of 27th of april and todays low.. Looks like a flat line on the rsi Regards
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 30, 2012
Taken eurusd long on the break of the pinbar. Also waiting for gbpusd to break the pinbar. Just asking, is stock showing the same divergence as rsi?
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 30, 2012
Aww bad US data, kinda scared to hold short especially on cable. Closed gbpusd short trades at .6240.. Still holding eurusd shorts though. Ok closed eurusd. Saw a hidden divergence on H1 but i dont know it is valid or not.
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 30, 2012
Yep around that level. but its not into the US session yet so will keep the trade and see either they will push the price back up or continue to drop. I'm also eyeing for potential hidden divergence on eurusd H4. Need to be extra cautious here..
EASY H1 trading using divergence and candle sticks