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@  kalc : (02 July 2020 - 09:04 AM) trading has made me fat anyway TP ha ha
@  traderpusa : (02 July 2020 - 06:52 AM) @kalc, getting more fat every day under quarantine lol
@  kalc : (02 July 2020 - 04:01 AM) and by the way if that guy trys to sell you stuff dont buy it, he's just ripped off some indi's over at forex-station lol its all freely available
@  kalc : (02 July 2020 - 04:00 AM) lol hey TP hows it going young man
@  traderpusa : (01 July 2020 - 01:53 PM) So is the market lol
@  David : (30 June 2020 - 08:00 AM) yall are savage :D
@  David : (30 June 2020 - 08:00 AM) haha
@  Sambo : (29 June 2020 - 05:04 PM) If there's one thing i've learned, it's that the most profitable traders are the least boastful.
@  happyjas : (27 June 2020 - 09:50 PM) We understand what took place, you won a lot of money and bought a new "BMW M4 cake", you got down on your knees, put your little hands together and sounded like this: "My name is my name, if you ask me again I'll tell you the same, I won a lot of money, and already shove it on my candy back-end, but there's one problem, everyone knows already that I ABSOLUTELY SUCK."
@  happyjas : (26 June 2020 - 05:43 PM) the R8 Audi thing -_-
@  happyjas : (26 June 2020 - 05:42 PM) :unsure: 'Can't afford the BM thing, 'just got the 2018 Audi 2016 :(
@  happyjas : (26 June 2020 - 05:41 PM) :unsure: 'Ca
@  Dyabolus : (26 June 2020 - 03:45 AM) so were u verified by David at last? how about that 'pic'
@  David : (25 June 2020 - 04:48 PM) sure post a pic
@  euro_rapp : (25 June 2020 - 04:17 PM) sorry im bragging again, i sincerly apologize. Just wanted to share with you :(
@  euro_rapp : (25 June 2020 - 04:13 PM) By the way do you wanna see my new BMW M4?
@  euro_rapp : (25 June 2020 - 04:13 PM) where do you read that closure stuff?
@  happyjas : (25 June 2020 - 07:45 AM) thanks anyways MAster David, a million times :)
@  happyjas : (25 June 2020 - 07:41 AM) *closure
@  happyjas : (25 June 2020 - 07:39 AM) feeling anxious about what I read about BOE (the enclosure, i guess) :(

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Trading Divergences - Extremely Powerful Concept

rsi divergence divergence binary options

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131 replies to this topic

#21 baryster

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Posted 07 June 2017 - 10:18 AM

sorry for the latest post, didn't see there was a high impact news for USD :P



#22 baryster

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Posted 07 June 2017 - 10:25 AM

i'm backtesting this strategy, would you have taken this trade?

 

3V7Ktre.png



#23 baryster

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Posted 07 June 2017 - 10:38 AM

what about this?

 

fFxFYyi.png


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#24 kalc

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Posted 07 June 2017 - 11:01 AM

The issue you will have with divergences on bins especially is your entry like @MTH2014 has said. In spot this might be a different ball game. You will still have to watch what price is doing instead of taking your RSI or MACD or whatever as a signal for entry. Maybe you can try divergences at certain levels of interest? Just a suggestion..


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#25 gabim70

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Posted 07 June 2017 - 11:32 AM

i'm backtesting this strategy, would you have taken this trade?

 

3V7Ktre.png

There is a divergence here but the retracement is weak. I would not have taken this trade.



#26 gabim70

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Posted 07 June 2017 - 11:36 AM

what about this?

 

fFxFYyi.png

Here you can see that the previous candle before the entry candle is very big, strong. It indicates that there is a huge buying pressure. Divergences is a powerful concept.. but you should not isolate it from the context. 


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#27 baryster

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Posted 07 June 2017 - 11:38 AM

thanks.. i thought about that :D


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#28 josepepe10

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Posted 07 June 2017 - 11:39 AM

This can work very well, if you consider the levels of S and R and some action of the price. Could be improved.

 

https://ibb.co/f1yUdF

 

https://www.dropbox....AwU34wTmOa?dl=0

 

 

 

 

This can work very well, if you consider the levels of S and R and some action of the price


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#29 gabim70

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Posted 07 June 2017 - 11:42 AM

The issue you will have with divergences on bins especially is your entry like @MTH2014 has said. In spot this might be a different ball game. You will still have to watch what price is doing instead of taking your RSI or MACD or whatever as a signal for entry. Maybe you can try divergences at certain levels of interest? Just a suggestion..

You are right! You cant use blindly only divergences.. divergences is telling you that is a high probability of a reversal .. or a retracement which could happen. But you have to use your brain and see what the market conditions are.. You should not neglect the price action! 



#30 gabim70

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Posted 07 June 2017 - 11:48 AM

N1x5ySA.png


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#31 gabim70

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Posted 07 June 2017 - 11:53 AM

This can work very well, if you consider the levels of S and R and some action of the price. Could be improved.

 

https://ibb.co/f1yUdF

 

https://www.dropbox....AwU34wTmOa?dl=0

 

 

 

 

This can work very well, if you consider the levels of S and R and some action of the price

Exactley !  Nobody knows for sure what the market will do for the next 1 minute, 1 hour, etc. Trading is simple but it is hard. It is important to have a based rules strategy.. but a strategy or an indicator is no more than that. You are the trader! You will make a decision, not an rsi divergence, or another indicator! 



#32 gabim70

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Posted 07 June 2017 - 12:09 PM

mpy3ytx.png


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#33 gabim70

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Posted 07 June 2017 - 12:16 PM

Hi guys, i started trying this strategy right now, and there was a divergence on eurusd just 10 minutes ago.. but it resulted in a loss.. did I do everything right? 

 

pxLlv0U.png

Here is a divergence.. but we have no retracement ! The retracement is very important..  a small retracement or a move without it means that we have a strong trend ! Trading divergences means trading reversals ! If you do not count this rule of pretty strong retracement when you take a trade, you will lose that one. 



#34 gabim70

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Posted 07 June 2017 - 12:27 PM

05rNQFK.png


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#35 josepepe10

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Posted 07 June 2017 - 01:41 PM

https://es.tradingview.com/x/d6QwGLJq/



#36 gabim70

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Posted 07 June 2017 - 01:45 PM

NdhHSUC.png


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#37 gabim70

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Posted 07 June 2017 - 01:48 PM

 

This is a good trade ! 



#38 BOedge

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Posted 07 June 2017 - 03:06 PM

deleted



#39 Sanz50

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Posted 07 June 2017 - 06:19 PM

I take this one, look NVC double bottom.

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#40 gabim70

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Posted 08 June 2017 - 02:17 AM

I take this one, look NVC double bottom.

Perfect setup! 







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