General Trading Chat / Ideas

Quoting digger1

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{quote} not saying at all thts whats coming ,, but on something tht is slow as macd ,,tht kinda divergence sometimes leads to things ,, lol,, and tht kind is a part of trading one worth noting here and there ,,thts all I was pointing out ,,little flag goes up when I hear stuff like beware this or tht ,, nothing more man ,, I try not to be biased ,,I dont care which way it goes ,,I just need a little movement lol ill make my shekels one way or the other {image}

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Quoting Oc6oph

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{quote} Does this divergence favor a long position? I understand what divergence is just haven’t looked at indicators in a long time

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Quoting digger1

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{quote} yes ,, seen some big nasty pops from things like tht ,, ,,those kind can clear a few levels above ,, then the stpps get chewed thru and it just feeds on itself ,, ,,eur has went no where in months and months ,, one way or the other probably pretty big,,,, soon ,, the easy way looks down ,, but will do what charts say as the data fills in ,, when everyone and their brother is talking bout how weak a mkt looks ,, time to be careful lol,, not always but with the stuff we use if used right should be positioned right anyway

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Quoting Oc6oph

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{quote} That’s interesting does this kind of divergence occur often?

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Quoting digger1

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{quote} few times a year maybe ,, in something on a bit of a trend ,, it usually points out an area from a weekly or monthly chart ,, an entry to go with much longer trend or attempted trend ,,last one I had on daily was area circled in the square ,, the bounce off weekly 200 which took it ,,well picture shows it better than I can explain it lol I would be real careful with a pop above yellow and this is the break out level for last trip up and the shoulder level of range back yonder lol {image}

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Quoting digger1

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Now Im even later lol,, gots to run folks take care all

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Quoting Oc6oph

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{quote} Have a good evening don’t party too much

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Quoting Oc6oph

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{quote} Thank you I’ll have to read about macd

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Quoting digger1

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{quote} quick note ,, That what I used wasent macd ,, it was same ole stoch I use on daily ,,just wanted to point tht out ,,but in charts traders posted I seen it same way ,,tht Shit sneeks up on ya lol,, like yaeger bombs ha

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Quoting Oc6oph

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{quote} I’ll have to look into it. I’ve done decent just using fractals at certain areas. But it doesn’t work all the time. And at times looks like there’s no way price is going that way but it does. And don’t let those cows get you too drunk. After having a losing week I don’t fell like doing anything lol

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Quoting ZenNy

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eu daily and 60m {image} {image}

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