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That depends when you take the cross over on some occasions it will work but when price is choppy you will get eaten alive. If you wait for the daily to cross then move to the 4hr and look to take a entry then will give you a better chance of hitting more winners than losers. Joffie

That's perfectly fine as long as you know your risk, so you have to decide what you are willing to lose on any given amount of your account. If you want all risk trades to be a open max risk of 4% then yes it's fine to open two of the same currency with 2% each trade. But if you want to...

I bought it to try it out for 7 days

Did you buy this erebus?

Yes that is correct

Yes they wouldn't be far out at all

I've not been trading just the box method lately, but when I was trading it just on the 8hr charts I was averaging 15-20% month ROI

You just need to set chart to background in settings this will then put the box and any other indicators like moving averages to the background behind price. But if you're using Dales battle station this won't let you do this as it automatically sets it so it has indicators to the foreground so...

watching USDCHF, as from attached chart you will see price just made a fake break of the box to the downside there was also hidden bullish divergence, now waiting to see how price moves from here, watching for a close back above the broken support level and 8ema, to look to buy

Ok here are some trades from last week using what I have come up with trading divergence, I have a set exit of x3 target or a opposite close of the 8ema to exit a trade, you will see this on the AUDJPY buy trade. The 50ema on the 4hr chart shows where the daily is in regards to the daily 8ema...

With the trend trades I will move to break even at 1-1 and target 3-1 but when counter trend trade then I may use two trades one 1-1 target and second 3-1 target but same % risk on either with or against the trend

I've been playing about this week on demo ways to exit trades to get max profits. Also using the same method to enter trades with the trend which work well. I've used Delmartin method in the chat room for trend entries, so that praise goes to him not me. When I'm happy with the method I will...

So usdcad was a great first trade of the week hitting full target recent high. Now it may appear we are getting hidden divergence will be watching that one. NZDJPY stopped out at break even though. Gbpnzd has triggered a buy targeting previous swing high.

Now break even on both trades, audjpy and audcad also headed up nicely but was maxed out on these two trades. Gbpnzd next one on radar

Yes a PA signal or box method entry. Other than that cross over of the stochastic

Work your way through these pages will give you some good info http://www.babypips.com/school/high-school/trading-divergences/divergence-trading.html

Two trades I have on my watch list, usdcad hidden divergence and I've set a buy limit order and NZDJPY waiting for a reason to buy from standard divergence.

Watching UJ for any buys off support

Quick video on how I am trading divergence method

I've decided to keep the divergence trading separate to the box method. This is so not to confuse traders of what each strategy is and how it's trades. But I will still use the box entries where I can on divergence 4hr charts. I still believe trading the box method is best so on the 8hr charts...