Articles

1109 | +0.367% | EURJPY AUDUSD

150059   June 30, 2021 16:43   SwingFish   Trading Room Journal   AUDUSD • EURJPY

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1108 | -0.322% | GBPJPY EURJPY

149768   June 29, 2021 16:29   SwingFish   Trading Room Journal   EURJPY • GBPJPY

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Quick Divergence Example / Manage a trade with Divergence information (GBPJPY)

150087   June 29, 2021 10:17   SwingFish   Traders Library you should know  

this is just a quick example (before/after) to spot Divergences and trade them.

the idea was to Sell xx/JPY (Buy Japanese Yen)

Step 1: look at the Divergence (large and small) chart to find out which one is the best to trade.

Step 2: find entry apply structural stops

Step 3: find exit when the difference narrows down or one reaches the ZERO Level

this does show when momentum is lost, or the difference between the currencies itself is level-out.

does not mean the move is over, but the initial momentum can be considered gone, a good place for a partial exit or complete exit on a nearby structure, if other like (USD/GPB lign up in the meanwhile this could be a sign of continuation, or a pullback to happen that would allow a scale in

the confirmation for USD to continue, scaling in the pullback instead of exiting position

things to note:

• Divergence data can be collected in multiple ways,
  however, comparing currency symbols (like mot indicators do it) is a very dirty way and get’s you polluted information.
• SwingFish uses data with permission from xscalp.com
• Structure matters!
  none of these things will work if you do not respect and use Structural information
  (the charts/trade what you see) to find stop/profit levels.

1107 | +0.142% | EURJPY GBPUSD USDCAD

149774   June 28, 2021 15:59   SwingFish   Trading Room Journal   EURJPY • GBPUSD • USDCAD

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1106 | +0.142% | AUDJPY BTC USDCAD

149057   June 25, 2021 21:19   SwingFish   Trading Room Journal   AUDJPY • BTCUSD • USDCAD

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1105 | +0.377% | AUDJPY USDCAD

148749   June 24, 2021 14:07   SwingFish   Trading Room Journal   AUDJPY • USDCAD

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1104 | +0.158% | AUDJPY

148404   June 23, 2021 16:55   SwingFish   Trading Room Journal   AUDJPY

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1103 | +0.109% | AUDJPY USDSGD AUDUSD NQ

148118   June 22, 2021 15:18   SwingFish   Trading Room Journal   AUDJPY • AUDUSD • NASDAQ • USDSGD

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1102 | +0.164% | AUDJPY BTCUSD

147808   June 21, 2021 23:32   SwingFish   Trading Room Journal   AUDJPY • BTCUSD

Session Data:
Asia Events: Retail Sales [AUD], PBoC Interest Rate Decision [CNH]
Bank Holidays: Greece, Romania
Divergences (96H): ++JPY +USD -CAD -GBP 

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1101 | +0.443% | GBPUSD EURJPY AUDJPY

147509   June 18, 2021 15:09   SwingFish   Trading Room Journal   AUDJPY • EURJPY • GBPUSD

Session Data:
Asia Events: BoJ Monetary Policy Statement [JPY]
Divergences (36H): ++USD +JPY -EUR -AUD

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1100 | +0.234% | EURJPY EURUSD

147107   June 17, 2021 16:13   SwingFish   Trading Room Journal   EURJPY • EURUSD

Session Data:
Asia Events: Gross Domestic Product [NZD], Unemployment Rate [AUD]
Bank Holidays: Iceland
Divergences (36H): ++USD +JPY -EUR -CAD

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1099 | -0.197% | AUDJPY USDCAD DAX EURJPY

146738   June 17, 2021 16:07   SwingFish   Trading Room Journal   AUDJPY • BTCUSD • DAX • EURJPY • USDCAD

Session Data:
Asia Events: Imports [JPY], Westpac Leading Index [AUD]
Bank Holidays: South Africa
Divergences (36H): +USD +EUR -AUD --CAD

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