FairyPipMother

FairyPipMother

As a scalper this is more of my speed ... I see 4 possible divergence set ups. There may or may not be more..but these were 4 that stood out to me

FairyPipMother

I will be transparent .. I am not a Monthly trader. I am more of a daily max, trader but absolutely a scalper. I am working on finding ways to stay in a little longer and trust that set up. SO divergence is definitely one way to do that. How does this look for those who like the Monthly outlook?

FairyPipMother

This was the 2nd set up I saw on the weekly. 3rd NAS divergence assignment. I use both HA candles and regular, but I was able to see this entry clearer with the regular candles. Again with the W there I could have caught wick of the 61.8 and the retouch of the neck of the W.

FairyPipMother

There are 2 set ups here for the weekly . However, I am going to upload 2 separate pictures. I owe my teacher 10, so this is 2.(Actually I did 3 last week) I would have seen that potential W pattern, and would have waited at the 61.8 entry until I had a full candle over on a lower TF.

FairyPipMother

I have 10 HW assignments that I owe my teacher. This is H4 Divergence set up. Of course we have to wait for price to come back to the 61.8 for entry.

FairyPipMother

This is #2 of my 10 Divergence Setups on Nas100 find Divergence. This is the H4 Chart. Daily Divergence is also seen on this chart. SL is Above or Below Divergence. In this case below. TP is the lowest or highest point between the 2 divergence points. Draw Fib and mark off 61.8.. this is the entry.

FairyPipMother

I will be looking for 10Diveregent setups on NAS: I started on Daily. 1 Found Divergence 2 Found Low Point which is the point price needs to test, sweep or clear. 3 Set SL above divergence. 4 Drew Fib to mark the 61.8 which I will use as Entry.

FairyPipMother

I charted. I waited for price to reach entry. Executed!

FairyPipMother

I did take this set up. The green lines are potential TP points, for me. I will see how this plays out.

FairyPipMother

I was reviewing some charts preparing for the week. And although I was not looking for divergence, test and clear points and the 61.8 entry specifically; this is what I came up with.. I will be looking for entry on lower time frames.

FairyPipMother

I am definitely on to something. Lines may not be perfect. Started on the H4 just for a brief look. I saw the retest of a H4 buy trend break on the H. I dropped down to the 30 min due to the nature of this instrument. Confirmed entry on M5. All that cheese is Liquidity that has not been CLEARED or Tested.

FairyPipMother

Part of my HomeWork while on this divergence lesson, is to identify the 61.8 recommended entry. This AJ divergence was found on the H1. I would have looked for entry on the m5/m15 Although not pictured here the M15 gave a break and retest entry.

FairyPipMother

I am more of a scalper. But I can see where knowing what is happening on a higher time frame can be of a benefit. I would definitely drop down to much lower time frames to find entry.

FairyPipMother

This exercise was in identifying liquidity. I do have extra steps on this chart as well. Red wicks/horizontal rays are when sellers entered the market and green wicks/horizontal rays are when buyers entered the market. The steps I added, were also identifying had liquidity been tested or cleared (labeled). WEEKLY sell (red) trend line) and buy(green) trend...

FairyPipMother

In learning to ID divergence the hidden seems to be the most difficult to see. I guess that is why it is called HIDDEN. I will most likely need more practice with it.

FairyPipMother

Divergence Identification. To use as confluence, confirmation, direction , SL and entry. But first we must lean-to identify it.

FairyPipMother

Studying divergence. But first we must learn to identify it. I will be posting charts identifying the 4 types of divergence. Feedback is welcome.

FairyPipMother

I am working a strategy that includes divergence. But first I need to be able to IDENTIFY divergence. I will be posting 4 charts of 4 types of divergence. Feel free to give feedback. These posts will not complete analysis of the instrument.