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- 148 Results (146 Replies, 2 Comments)
- Madscientist replied Apr 30, 2012
I took one before my broker closes and one more this morning. Its not really following PurePrice's rules (sorry PurePrice
) but i monitored the price from friday's rally and i love the fact that after such a strong momentum upwards price ...EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 30, 2012
Hope it goes well. Anyway traded eurusd this morning for the divergence we talked about last friday, but i guess its late to post the screenshot. But it seems to go well, 30-40 pips on eurusd is enough for me.. Regards
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 30, 2012
hi guys. taken a divergence trade on gbpusd H1, take note that there is no divergence emerge on H4, so its kinda gambling taking this trade.
also kinda have a long bias on gbpusd, but bias has crushed me a lot of time, thus i just trade ...EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 29, 2012
Aww my first post here.. Been following this thread for years silently.. Anyway, yeah agree with xantor. From what i heard and experienced, trading without money mgmt is just killing us trader. Before practising money mgmt, i used to make like ...
EURUSD
- Madscientist replied Apr 29, 2012
Yeah i agree with the fact that the the banks and institutional parties that moves the market. But we only can predict the levels of price that they usually place orders, supply and demand levels etc. but from what i experienced the levels sometimes ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 27, 2012
Thanks kempo. Basically I just following PurePrice rules of entering, but I seperated H1 and H4 and trade them independently. Anyway, to follow up on my earlier post, basically H1 chart should be the same as kempo's chart, maybe there is a slight ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 27, 2012
I dont know about the other broker but theres a reversal div on my chart on H4 eurusd.. Im outside now, ill post the chart later.. Cheers guys..
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 27, 2012
Yeah the economic data that came out from US helped the trade.. Anyway closed all long trades at .3250. Dont want to be greedy, i just take what ive got and run.. Gained 90+ pips for 2 long eurusd trades.. Im outta here, good luck trading everyone. ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 27, 2012
Entered at .0397 as per kempo's analysis earlier in the day. Long eurusd short audusd, aww scary haha.. Edit: closed audusd manually for a couple of minus pips.. Just dont like the momentum that is going on.. And Julie already point out the bullish ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 27, 2012
eurusd div with double pinbar on H1 and possible div also on H4 with pinbar/doji. Edit: took another long trade eurusd for the div on H4 at .3216
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 26, 2012
Nice trade there.. Missed the train, didnt really monitor audusd.. Really need to learn to anticipate div from a lot of pairs and focus to the potential ones..
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 26, 2012
That a nice trade to take vasude.. Personally i didnt take that trade because of the spread on gbpjpy on my broker is quite big, not good for my rr.. Still waiting for H4 eurusd pinbar to break..
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 26, 2012
Ah well, eur usd is developing a regular reversal div on H4, yet again.. See how it pans out later on the day.. I think its good for 40 pips or so, we'll see about that..
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 26, 2012
Thanks for the pointers pureprice.. Dunno how i can miss the post.. Anyway just to update yesterdays trade, sl hit for the other half. Just asking, for example there is an uptrend in H4 with a reversal div and the same reversal div occurs in H1. Is ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 25, 2012
Yeah its whipping up and down for now.. Closed half of my trades and let the rest run..
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 25, 2012
saw another one on usdjpy H1. hidden div i presume.
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 25, 2012
just came back home. 1st trade ss on this thread

the entry is the one at the bottom.EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 25, 2012
Ah makes sense.. Anyways im in the process of testing the method.. Imo what i can do is take continuation div on the lower tf and look for reversal div on the larger tf.. What do u guys think bout this?
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 25, 2012
I think that zone is a preety strong res zone.. With a div, maybe it will play out nicely.. But yeah need to wait fir confirmation before entering.. Ah nasty spike haha.. Ps: now imo H1 is making a div.. Looks like a potential trade there, i'll keep ...
EASY H1 trading using divergence and candle sticks
- Madscientist replied Apr 25, 2012
Aw got it thanks.. Anyway just asking, whats the max period do u guys take div setup? I mean do u take a div that occurs in the period of like for example 5 days, or less than that?
EASY H1 trading using divergence and candle sticks