Next example on USDJPY: Same Rules.

Multiple Divergencences in a row

Next example. Same rules.

Multiple Divergencences in a row

The next example: The gray circles are entry points. The yellow line is the exit. (which is 50% ret, 20-30% RSIOMA and First trend reverse in AA)

Multiple Divergencences in a row

I will now demonstrate a number of examples in order to clarify this strategy. Remember our first example on GBPJPY. Now look at the first photo below. The light green vertical lines are the trade entry points. As you can see multiple divergences ...

Multiple Divergencences in a row

Strategy steps are: 1. Get RSI in a separate window. 2. Get RSIOMA Light in the same window as RSI 3. Get Advanced ADX in a separate window. 4. Analyze the chart using the TFs mentioned and focus on M15 and M30. 5. Find a divergence, look for a ...

Multiple Divergencences in a row

Strategy Rules: Guys, the first rule in this strategy is to choose the right currency pairs. I have realized that some pairs, specially those which CHF is a part of, CANNOT be traded using this strategy. I recommend GBPJPY or USDJPY for this ...

Multiple Divergencences in a row

Update will be here in 12-14 hours. I need to rest for now.

Multiple Divergencences in a row

Guys thank you for your discussions here. I have read them all and I am definitely going to try some of the suggestions here. To get back on the thread title, I have tried several technical tools and techniques (T&T) in order to define an almost ...

Multiple Divergencences in a row

Can someone explain this daily chart to me please??? It's been 21 daily candles now without a proper correction!

USD/CHF

Thank you for this great book. I would gladly read it. After all, Knowledge is always welcomed.

Multiple Divergencences in a row

It's like you are speaking from my heart. I had the exact problem in USDCHF. Recently it has been going straight up without even much correction. I have almost never seen such a chart in my life! I was nearly half way through my capital until ...

Multiple Divergencences in a row

I was a teenage back then and I see that I have made big improvements on this by the passing of time. May I ask which pairs would you trade at London open time? I usually start checking the market from H1 to M1 but I think I should shift that to ...

Multiple Divergencences in a row

As for illustrations, you may check these:

Multiple Divergencences in a row

That my friend is something I have seen so many times in different pairs and time frames. I usually try to put my SL further away in order to nullify these. Also there is another pattern called 113% Extension, in which trend breaks the previous ...

Multiple Divergencences in a row

I may disagree with you on the "works like a charm" part. Although multiple divergences can be both an important and powerful reversal movement, knowing when it will, if it does at all, is of much higher importance. You can back-test this in ...

Multiple Divergencences in a row

Thank you for the insight.

Multiple Divergencences in a row

I think I saw another thread in which multi-time frame divergences is of great importance and that it can be a solid strategy. I have to dedicate myself to studying that strategy and see if I can combine it with multiple divergences in a single time ...

Multiple Divergencences in a row

I'm actually working to better polish this strategy using other tools and techniques. Thank you for your wise comments though.

Multiple Divergencences in a row

Thank you kind Sir. Yes, I think I should start to take hidden divergences much more seriously than the normal divergences.

Multiple Divergencences in a row

The problem is by the time you realize it after 2-3 divergences, you will be in big pip losses, if not equity loss.

Multiple Divergencences in a row