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- Grg commented Nov 28, 2012
The simple fact is, XAU-USD has tested the old uptrendline born in mid 2008, tested in 8/2010, 12/2011 and then broken and tested with various results (actually it's rather at the center of a battle). Also, the price hit at the same time resistance ...
- Grg replied Oct 23, 2011
Scared by Middle-east? — In most Middle-east countries banks are closed on Fridays - to somehow make up for that, some open a few hours on Saturdays. I've asked an Oanda chatline officier if that's the reason for their non-stop trading. He ...
- Grg replied Sep 22, 2010
with trend or anyway? — A [regular] divergence simply shows loosing steam. It is quite common to have it when the price is meeting with a cluster, or any strong level. A movement loosing steam is just that, as Newton cannot be applied to ...
- Grg replied Aug 29, 2010
lag or mad — Not waiting for the end of the period is, in any case, trading a signal on the making; it may appear and disappear different times before the bar is settled. This suggests a higher risk of taking false signals. On the other side, ...
- Grg replied Aug 29, 2010
caring of the closes only? — The huge bar doesn't exist for the oscillator (based on closed) nor a short bar does. Only the close does exist to it. The diverging or confirming of the oscillator refers to the close only. Then of course you can ...
- Grg replied Aug 23, 2010
use the line chart — By my part, let me put something useful on the table. When looking for divergences, do not use a bar or candlestick chart. Remember your oscillator is probably based on closes, so it is safer to compare it to an equally ...
- Grg replied Aug 23, 2010
let's converge on a common notion — Pretty tread indeed. But divergences - regular as well as 'hidden' - depends a lot on parameters. Toothman told us that he wonts at least 4 bars and no more than 30 bars (or 6 days in the 4h chart). It looks ...
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