FX:USDTRY   U.S. Dollar/Turkish New Lira
106 9 5
a year ago
Bull divergence....Could bounce against MA100 and lower channel TL ...Have a nice day ..
a year ago
Trade closed: stop reached: Election of Erdogan I guess ...:-)
Whenever I see that kind of divergence, it mostly looks like the drop was just faster and thus a new structure, down.
In my experience at least...
Reply
johan.verm
a year ago
You are right...I'm also doubting this trade now.. .Looks like it breaks trough the MA100 for heading to the MA 200...Stop loss onder level of the MA200....2,89700...In this case ,should I use a volume indicator Ivan?Do you have experience with ATR or obv ?Market is starting sundayevening so I guess volume will not that big to break the MA 100 .So make one more up in the channel...
Reply
IvanLabrie PRO johan.verm
a year ago
Volume data for this pair can be ok, but not perfect.
I use volume profile.
Don't let others' setups distract you if this is a technically valid setup for you though.
If you are stopped, you can reverse.
I posted an idea just now, check it out.
Reply
johan.verm IvanLabrie
a year ago
Ok ,thanks ...Divergence is not always a perfect indication.....Have a nice weekend...
Reply
IvanLabrie PRO IvanLabrie
a year ago
ATR I like to use a combo of a 1 period ATR with histo and an area ATR 11.
ATR 11 value you can use 1x, 2x or 3x size, for your stop loss. It's what many pros do.
It'll always be a rather good SL and TP. 1 atr sl, 2 atr tp for example. Very good and high probability to work.
Reply
johan.verm IvanLabrie
a year ago
Thanks ...I 'll try to use/analyse it....
+1 Reply
vaicru PRO
a year ago
hmmmm ... what's happened ?
Reply
johan.verm vaicru
a year ago
Bad weekend I guess...:-)
Reply
johan.verm johan.verm
a year ago
For the us dollar I mean....:-)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out