Okay, I promised to only publish again in 2016 but this one is big one. So this is finally the last chart of 2015 so enjoy! Details of mechanism is in the chart.
=)
Comments
IRLKori
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Fantastic result...Thank you and Happy Holidays!
FxSaint
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Glad it helped you. Happy holidays to you too ! =)
P_Parker
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Agree
FxSaint
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Good one, much cleaner chart ;)
P_Parker
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Hey its cleaner cause I dont know how to count waves, haha. Happy Christmas :-)
FxSaint
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Funny thing is I too dont know how to count waves ;) I just know basic count & if it fits in my idea I use it or else, I have simple lines like yours which works wonder for me. Happy & Prosperous New Year 2016 & Merry Christmas to your & your family, Cheers!
P_Parker
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:-))
SPQRapid
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I personally use the ultimate oscilitator , and i trade on 4 hour timeframe , and there is 0 divergence on that timeframe , in fact price is making lower highs while the oscilitator is making higher highs , hidden bearmish divergence . Price can go up because it hit a monthly low
FxSaint
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No problem bro, if it goes up for any reason it is good for me. Everyone use different indicator & every indicator has different story to tell. I trade what I see & my indicator is telling Divergence here. More important thing is not indicator but understanding of market & ability to manage trade & risk simultaneously. Still I appreciate your feedback, thank you !
SPQRapid
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What type of oscillators did you use ? I see 2 but cannot recognize them ! Thanks !