I`am tempted to say, that the following trades have not been successfull. Not the way I thought they would be successfull. The only explanation I have is, that we see a strong underlying trend starting which will last the next weeks.

Divergence Trading

I found a short article about trading with MACD and bollinger bands. It´s not exactly the way I trade (in the article the entry signal is a macd slope, but for me the entry signal is divergence): url Might be usefull for some new traders.

Divergence Trading

maybe trendline touch could give a good entry ? tomorrow fundamental news could screw everythink up in a very bad way.

Divergence Trading

maybe. I´am not able to watch the market 24/7, so I find for myself the daily a good timeframe.

Divergence Trading

Thanx for sharing, I´ll give it a try

Divergence Trading

Well, as I sayed, there is resistance above. You can see it at the long lower wicks of the past candles, or you can use other indicators, for example ichimoku system (see red line), which I like very much. But this got nothing to do with divergence ...

Divergence Trading

If I remember right, EU is running in the first resistance at 1.363 - 1.366. I have no MT4 chart at work, so I give you chart and my thinking in a few hours, when I`am at home. If it breaks this resistance area it might go much higher (1.38-1.40), ...

Divergence Trading

So far so good. Lets see what US session brings...

Divergence Trading

adding bullish divergence on GU, target ~ 1.58.

Divergence Trading

Daily candles look promising for the trades so far.

Divergence Trading

Hi, yes, I monitor it, see post #108 and #118. What I don`t like, that daily bollinger band is at 1.3280, and price did not get there to be rejected. Daily close will be interisting. I would like to see a sideway move in the next days and begining ...

Divergence Trading

well its one trading tool. Combined with others (I prefer bollinger bands, S/R and candlestick pattern) it gives a high possibility trade. But on daily timeframe it needs a lot of patience. On the daily it appears 1 - 3 times in a month - monitoring ...

Divergence Trading

yes. it would be even better, if the macd lines are getting shorter and turning green in the next days. (Price moves up).

Divergence Trading

It is a divergence on eur/usd but its missing the second touch of the bollinger band at 1.~3360 (which is a criteria which has to be fullfilled for a trade). I stand a side and watch, especially during US session.

Divergence Trading

I use the MT4 build in MACD and bollinger band indicator and the indicators in post # 89 url Good luck.

Divergence Trading

I like the idea of going long e/j. Target ~ 1.06 and ~1.09. SL 1 average daily candle length.

Divergence Trading

well aud/usd is tricky, because I can not see a pattern on fridays daily candle. It might reject from here with target 1.03 or drop down lower 0.93. Flip a coin. A/J gives a doji, but it is small I trade both long. Small money, ...

Divergence Trading

yes, maybe history will repeat, if we look back in the time 1990-1995. Watch the blue macd slope in the 1993/1994, where it was touched by the red macd one. Maybe it will repeat. But on the monthly it goes lower first (I think).

Divergence Trading

This is what I did during my holiday: I traded this sell off in GU with about 1.300 PIPS on my mobile. It started with a daily divergence

Divergence Trading

aud/usd might end as a bullish divergence. It breaks through a support zone. First Fibo target ~0,96. Bounce from there ? on the watchlist this one.

Divergence Trading