Potential setup NZDCHF 15min image Failed 1.2.3 reversal Histogram created a new Higher high Hit long target image Price rejected at resistance and the histogram broke formation as originally intended image

Vdubus Divergence Wave Theory

Each leg the market moves is in itself it's own trend. Looking at the first chart say you see a 5 wave structure. but over all the rules are still respected. Ideally the signal lines paint the boarder scale of price movement. url image image ...

Vdubus Divergence Wave Theory

Try and identify the trend on the macd ? Here the 1.2.3 formation failed with the histogram putting in a new lower low breaking the formation following the trend

Vdubus Divergence Wave Theory

It's a fight between bulls and bears so you can have divergence on both

Vdubus Divergence Wave Theory

Trade set up CADJPY 15 min

Vdubus Divergence Wave Theory

Let the market tell you what to do

Vdubus Divergence Wave Theory

Looks like your using the wrong macD indicator. Short term may well do play to the down side but over all id myself would be looking for a trend break long. That is a weekly chart ? you'll die of old age first lol

Vdubus Divergence Wave Theory

My last few trade setups:

Vdubus Divergence Wave Theory

Know your divergences

Predict breakouts & trend reversals using macd/bb%

I also use a modified super trend to signal entry which i've attached The image just to give you an idea of how I trade it

Renko line in the sand

Yes it looks like you've got the hang of it

Renko line in the sand

Hi couldn't help but put my 2 cents in reading your coments, I have a really simple trick in predicting reversal. A algorithm which is hidden in all oscillators - Divergence project the next trend break / reversal. Hope it helps.

Renko line in the sand

The indicators don't re paint. It sounds like your taking the signals before the close of the candle maybe ?

Predict breakouts & trend reversals using macd/bb%

I draw them

Predict breakouts & trend reversals using macd/bb%

You hit the nail on the head if im understanding your question correctly. If price breaks ahead of the oscillator, 90% of the time it's a fake break and by reverse engineering the strategy a trend continuation would be in play.

Predict breakouts & trend reversals using macd/bb%

? I never said it was the trade entry. It's just a level of resistance

Predict breakouts & trend reversals using macd/bb%

Almost, but your cutting your trend line short

Predict breakouts & trend reversals using macd/bb%

Nice, extend the bottom trend line out and this is you break short

Predict breakouts & trend reversals using macd/bb%

MacD helps identify the over all trend reversal I find but isn't pin point accurate. The strategy works on all time frames & instruments. If your trading 1 min to 1hr or if your trading Binary options use stoch. It's faster.

Predict breakouts & trend reversals using macd/bb%