Divergences - (All Pairs)

Hello... I'm starting this thread about divergences where we can discuss about them in real time for all pairs. So basically.. if you see there is a divergence in any pair.. any timeframe.. you can post it here. And we will see joining our brains if it is a good signal or not.

In my opinion divergences are very very interesting and are very good signals with a very good risk/reward ratio. They are so good that some people even add more money to the trade when they see a divergence. Many times I see divergences when it is already late to enter into the trade, so we can try to post them in real time as they are appearing in the charts. All of us together we can watch for all the pairs and all the timeframes.

Also this can be interesting to see which divergences are better... MACD, stochastics, RSI, CCI... etc... any divergence is welcome in this thread. I personally will be watching stochs and rsi divergences.

Sometimes you need more than only a divergence to trade but seeing a divergence at the right moment can be very profitable.

if you don't know what a divergence is.. try googling "trading divergences"
or subscribe this thread. It is going to be.. at least very interesting.

ok.. ready for the week? go!

one RSI bearish divergence could be starting in EURUSD
but it is very small yet

possible EURJPY down signal

edit (sorry I posted a wrong chart.. updated now)

we will see better examples

what you can see in previous charts are two RAPID RSI indicators with overbought and oversold colors... yellow one is H4 timeframe.. and gray one is H1 current timeframe.
(thanks malcolmb14 for that advice on rapidrsi)

darkgray rectangles are daily high and lows levels. I won't clutter the charts with more for the moment

that divergence worked nicely as I was thinking... going up a bit more and get all the profits.

antoher good one
USDCAD M15

EURUSD today
M15
eur is strong today.. and this is M15.. this one is only to scalp a few pips...

if this makes a new high.. maybe going to up trendline of the channel... would be a nice sell opportunity

Nice thread Emda thanks, look forward to your analysis, and will start giving my 2 cents when confident with divergence, meanwhile this is great learning

thank you I thought I was alone and thinking in closing the thread because there was no interest.

oversold rapidrsi signal being higher than previous low

development of the EURUSD divergence

Divergence is as great signal and I know a lot of traders that use it in their tool box, whether they can be bothered to post their signals for the benefit of the forum I don't know, but I'm glad someone is

Bueñas Dias

LOL - you only started this thread on Sunday - it will take a few days for people to find it - I found it just now and I like it too.....http://www.forexfactory.com/images/icons/icon14.gif

Hasta pronto

Islander

Gracias
you're right

I think divergences are good to distinguish oversold or overbought levels from the ones that the first oscillator indicate.. One of the first mistakes of newbie traders is that they have read somewhere.. that an oscillator indicator has overbought and oversold levels... and then when the indicator reaches an oversold level for example.. it is a good moment to buy... and it is far from true. Being in a oversold level.. indicates very weak and it can continue down much more.. but when you see oversold with a divergence... things are different... it still can continue down yes.. but you can certainly being speaking of an oversold situation where for example.. you can start to add positions using smart money management, scaling in.. or whatever...
sometimes they easily predict that that last rally is going to be a last rally before falling down.. or viceversa.
the risk of divergences is that you trade against the trend.

up to the channel top as I mentioned...
but I'm not taking this short now.. because it is news driven and too risky at the moment...

I haven't touched the channel for days...
notice how it went to the middle line before exploding up with the news... from line to line of the channel...

just in case anyone want to see the full channel I mention

see I haven't touched the channel for 5 days.. and still valid giving good levels

Thanks for that. I had a different channel, but I like yours better. lol. Mine was on 4 hr chart and needs adjusting b/c of the breakout.

E/J Divergence on 1 hr look at RSI and MACD. This is at resistance too (very simply play). E/U is stalling and S&P is poised to make a move South bringing U/J with it, hence the reason for my short. Good luck.

new channel forming .. accelerating... because now the up line of the channel is support...
the divergence is still there... not very clear in the H4 timeframe.. so.. still not good