Passion, Persist, Patience, Protect
- Joined Jan 2010 | Status: overcaffeinated.... | 1,540 Posts
si hoc legere scis nimium eruditionis habes
Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
Divergence and hidden Divergence 122 replies
Effective 5M intraday trading 429 replies
In search of an effective approach 0 replies
Divergence approach 1 reply
Disliked{quote} Predicting Market Movements 85 to 90% Depends on Technical and 15 to 10% Depends on FundamentalsIgnored
Disliked{quote} Than I take it your a frigging billionaire but still snooping around here..Ignored
Disliked{quote} So how do you recognize the true "buying dry up" in a timely manner??Ignored
Disliked{quote} As I said in my previous post it is extremely difficult to "know" or even suspect price exhaustion from a technical point of view. The ideal would be to be privy to the order board but that is not available either....and I suspect that is what HFT accomplishes with its super computers. I use volume candles. Candles that show an equal number of contracts traded per bar. While this is not perfect it does help. The concept being that if a volume bar is bullish or bearish (given the same volume per bar), the order flow would also be bullish...Ignored
DislikedDivergence trading is fine as long as you understand WHAT divergence really is. Many think it is the end all in trading, still others think it is stupid because it uses an indicator which always lags behind price action. WHAT Divergence really is: Divergence is simply the lag in any given oscillator showing itself. What many people call "regular" divergence is (in the case of a bullish trend), that price makes a higher high while the oscillator makes a lower high...but what most DON'T observe is that for this to happen the indicator (along with...Ignored
Disliked{quote} I know all this my friend, but from your earlier post I thought maybe you got something that we all don't bud .. thx anyw.Ignored
Disliked{quote} You didn't really expect me to just give you my system did you?Ignored
DislikedI believe in divergence definitely. But I would suggest learning the mechanics of it instead of blindly following an indicators interpretation.. A weaker high is all divergence is, people see that and either take advantage or freak out, or maybe it even means something real.. Its a logical occurrence that to me makes good market sense. Do I use divergence in my personal system.. No... But over 5 years sure I've seen it's merits. My advice would be not to call it "divergence' but learn what it is and what it represents and coin your own term.. Anything...Ignored
Disliked{quote} Where is your video f face..lol don't go all wild on me now I am just f ing with you for fun.Ignored
Disliked{quote} So very helpful I have come to realize that 'everything works some of the time but nothing works all of the time' Divergence especially Hidden Divergence can be effective to the extent that you can define the trend, there is always a trend on every time-frame and your oscillator will always play catch-up on every time frame. What you need to define are, Trend start, Exhaustion, and Continuation, when you have concrete parameters to judge those then observe the behavior of your oscillator at those points then you will come to your...Ignored
Disliked{quote} Hi Ponzi! The CCI_Divergence is extremely powerful at Daily, Weekly, Monthly, also at H1/H4 by monitoring the higher time frames. e.g. http://www.forexfactory.com/showthread.php?t=325369 CCI-Top-&-Bottom-Trading with Divergence & the Pivotals, EURUSD, H1, 2011 November 12, p.3, #35/#36; Labeling, p.3, #37;...Ignored
DislikedI believe in divergence definitely. But I would suggest learning the mechanics of it instead of blindly following an indicators interpretation.. A weaker high is all divergence is, people see that and either take advantage or freak out, or maybe it even means something real.. Its a logical occurrence that to me makes good market sense. Do I use divergence in my personal system.. No... But over 5 years sure I've seen it's merits. My advice would be not to call it "divergence' but learn what it is and what it represents and coin your own term.....Ignored
Disliked{quote} . When the range resolves and then accelerates in the direction of the trend, this tells me all the opposing positions just got stopped out. When this happens there are usually no more NEW buyers to sustain the movement and prices soon fall afterward. .Ignored
Disliked{quote} i thought when there is an acceleration in the direction of the trend & after the opposing traders exit there positions , even if no new buyers are in , the price should continue at the same acceleration if not faster !!! nothing on it's way till some of the buyers decide to exit also .Ignored
DislikedDivergence trading can be extremely profitable if you are trading binary options. I find that MACD divergence trading to be most profitable using 12,26 and 9 settings. For better signals, trade off daily charts. STOCHASTIC settings 14,3,3 have also proven profitable for me in the past but i do not use divergence in my trading these days.Ignored