josi wrote: Sat Oct 28, 2023 4:40 pm So does that mean, you trade these signals without precise entries and exits?
Drawdown will sometimes be exorbitant, I think (depending on your lot-size we are talking tousands or tens of thousands of dollars - see screenshot - plus price has to come all the way back etc).
I think - a combination of your signals paired with TLs would make the trades a lot less stressful - but maybe that is just me:

Hi Josi man I trade trends but this technique is for counter trend....... Not unusual to see -$20,000 in drawdown but positive swaps my way or I will not hold the position will close out much much earlier this is with a $100,000 USD acc trading 2 lots....... can be stressful until the tide turns which is why I trade weekly and daily trends now using beatlemanias system for the past year and it gives me steady earning...... but if u must do counter trend trading this divergence setup will make a lot if you have the capital as buffer using this.......

moey_dw wrote: Sat Oct 28, 2023 4:56 pm Hi Josi man I trade trends but this technique is for counter trend....... Not unusual to see -$20,000 in drawdown but positive swaps my way or I will not hold the position will close out much much earlier this is with a $100,000 USD acc trading 2 lots....... can be stressful until the tide turns which is why I trade weekly and daily trends now using beatlemanias system for the past year and it gives me steady earning...... but if u must do counter trend trading this divergence setup will make a lot if you have the capital as buffer using this.......

A risky man with a risky plan. But we've all been there haven't we? For me it was Bollinger Bands with a Standard Deviation of 3.0 for counter trend shenanigans.

No doubt we're all watching how this CHFJPY trade example pans out next week

Jimmy wrote: Sat Oct 28, 2023 5:06 pm No doubt we're all watching how this CHFJPY trade example pans out next week

You all should be going long on CHFJPY on Monday this pair is going up-up and away soon........ then you can all thank me later too

moey_dw wrote: Sat Oct 28, 2023 8:05 pm You all should be going long on CHFJPY on Monday this pair is going up-up and away soon........ then you can all thank me later too

And you think you are sure about this?

moey_dw wrote: Sat Oct 28, 2023 8:05 pm You all should be going long on CHFJPY on Monday this pair is going up-up and away soon........ then you can all thank me later too

Oh it's definitely going up somewhere but that drawdown is a life destroyer haha.

I know you said don't check other timeframes but let's just have a look at what the daddy Chaos Template is saying on the 4H charts.

Edit: Yeah, looks like you're probably right son.

no one knows still where market goes..!!

M1 shows goes up and from down deep to 15pips

sal wrote: Sat Oct 28, 2023 8:39 pm no one knows still where market goes..!!

M1 shows goes up and from down deep to 15pips

1 minute chart man that's where the newbies go to get fried. Unless you're like vvFish it's just way too unpredictable I can't believe you're still on the 1 minute chart after all these years now Sal.

Daily or Weekly trend and use 5 minute chart to enter into the Daily trend. That's it.

josi wrote: Sat Oct 28, 2023 8:09 pm And you think you are sure about this?

Those 2 charts are definitely heading upwards unless my eyes are up side down

josi wrote: Sat Oct 28, 2023 8:09 pm And you think you are sure about this?

All your charts are up man ignore that parabolic sar just watch next week.....