Oanda went of line?
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DislikedLooks like gambling works....... . Hope I get my 30 pips. Sl to BE. {image}Ignored
Dislikedshe should close above 1.17279, before bear take over and oscillator create negative divergence - then shorting is valid otherwise it's only small retracment {image}Ignored
Dislikedshe should close above 1.17279, before bear take over and oscillator create negative divergence - then shorting is valid otherwise it's only small retracment {image}Ignored
Disliked{quote} It doesn't have to.. right now that picture is "Hidden Divergence" and it is the only thing validating the bears to take over.. and actually, when price goes above the spot you are showing, then there would be no divergence since macd shows higher high.. and candles show higher high.. Stay GreenIgnored
Disliked{quote} Hello macd divergence is a dead end in the long run. peaceIgnored
Disliked{quote} It doesn't have to.. right now that picture is "Hidden Divergence" and it is the only thing validating the bears to take over.. and actually, when price goes above the spot you are showing, then there would be no divergence since macd shows higher high.. and candles show higher high.. in such case bulls would take over.. Stay GreenIgnored
DislikedGuys, "Divergence" can not be seen as a "Signal". Divergences can build up for a very long time. DJ is in a massive Divergence since 9 years, and I could show you some 15 year Divergences on other markets. You can't rely on "Divergence" alone, you need the appropriate technical setup on your charts and the priceaction perform around the levels that you anticipate. Divergence alone doesn't do you any good. It only measures the weakening of a trend. Doesn't mean the trend "turns around". Can be part of your Exit strategy but never part of your Entry...Ignored
DislikedIf the H4 candle can close around here (or higher), we've got to be looking at 1.18, haven't we? {image}Ignored
Disliked{quote} yes we do. Technicly... ...if enough sheep jump on the "but Goreman of Morgan Stanley said it's safe on Bloomberg" train... ....which I hope, because I will sell the same levels that they are pushing for...Ignored