Divergences - (All Pairs) | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Export All pairs or selected pairs to .csv with script 3 replies

What is the best indicator for divergences? 12 replies

Scan Major Pairs for Divergences with Audio Alerts and Trade Direction Arrows 4 replies

trading divergences 3 replies

Divergences 5 replies

Attachments: Divergences - (All Pairs)
Exit Attachments

Divergences - (All Pairs)

  • #101
  • May 29, 2008 8:56am May 29, 2008 8:56am
i forgot the target: 205.90. we'll see from there what's next.

Quoting emda
very nice...
wedges are good pattersn

very well done.. waiting for the best entry and risk/reward ratio. That's the way to go long term.
Nihil Sine Deo.
  • #102
  • Edited 9:11am May 29, 2008 9:00am | Edited 9:11am
Quoting emda
no. while habing a lower high in the oscillator at that point you need higher price than the previous high where you had the previous high in the oscillator
Sorry for not marking exactly where I saw divergence, but Price is higher, so this is regular bearish divergence...?
Attached Image
Money & Pain Respect the market, protect your capital, be patient
  • #103
  • May 29, 2008 9:03am May 29, 2008 9:03am
Quoting Scrat
waiting...
h4 regular bearish, 40min regular bearish.
very nice chart . good luck
  • #104
  • May 29, 2008 9:33am May 29, 2008 9:33am
Quoting toyboy tramp
Sorry for not marking exactly where I saw divergence, but Price is higher, so this is regular bearish divergence...?

ah ok.. but having a higher high close.. is not a good idea... i'm not sure. Risky for me. Since it is a daily chart.. you would have to see the weekly chart to first spot an OB level.. and then look at the daily chart to catch the divergence.. maybe it is good.. but maybe the weekly can go for a divergence in the weekly going higher than that previous high.. I hope I explain it properly. Sorry because english is not my native language.
  • #105
  • May 29, 2008 9:35am May 29, 2008 9:35am
out +20 pips on EURUSD
I don't need more than 20 pips a day. so I'm done for today
  • #106
  • May 29, 2008 9:38am May 29, 2008 9:38am
Quoting emda
ah ok.. but having a higher high close.. is not a good idea... i'm not sure. Risky for me. Since it is a daily chart.. you would have to see the weekly chart to first spot an OB level.. and then look at the daily chart to catch the divergence.. maybe it is good.. but maybe the weekly can go for a divergence in the weekly going higher than that previous high.. I hope I explain it properly. Sorry because english is not my native language.
Thanks emda...Are you saying you look for an OB level on a higher time frame to confirm divergence signal is valid?

Do you use same oscillator to confirm OB/OS?
Money & Pain Respect the market, protect your capital, be patient
  • #107
  • May 29, 2008 9:55am May 29, 2008 9:55am
Quoting toyboy tramp
Thanks emda...Are you saying you look for an OB level on a higher time frame to confirm divergence signal is valid?

Do you use same oscillator to confirm OB/OS?
yes.. same oscillator in both timeframes.. and better to have first a divergence in the higher timeframe.. and then look for the perfect entry in the lower timeframe.. same as Scrat.
  • #108
  • May 29, 2008 9:58am May 29, 2008 9:58am
Hello all, i'm new to this forum but have been trading for several years now... i semi- scalp mostly, but look for divergence on 1h charts with stochs and RSI (in the form of qqe) anyways i wanted to post this chart yesterday but sadley didn't have that privilege until now but here you go....


http://i134.photobucket.com/albums/q...X/1heurusd.gif

AND TODAY

http://i134.photobucket.com/albums/q...usdnextday.gif

nice thread...keep up the good work
  • #109
  • May 29, 2008 10:10am May 29, 2008 10:10am
Quoting icarusfx
Hello all, i'm new to this forum but have been trading for several years now... i semi- scalp mostly, but look for divergence on 1h charts with stochs and RSI (in the form of qqe) anyways i wanted to post this chart yesterday but sadley didn't have that privilege until now but here you go....

nice thread...keep up the good work
hello and welcome to the forum !!!
I'm glad that this thread made you register and write your first post of your divergence examples. If you are using divergences and have been trading for several years... it is a signal of how well you can do it with divergences.. and that's why I opened this thread about divergences. We can do it very well all together.

  • #110
  • May 29, 2008 10:31am May 29, 2008 10:31am
Quoting emda
hello and welcome to the forum !!!
I'm glad that this thread made you register and write your first post of your divergence examples. If you are using divergences and have been trading for several years... it is a signal of how well you can do it with divergences.. and that's why I opened this thread about divergences. We can do it very well all together.

Thanks emda and i quite agree.... all to many new traders look for "the signal" to magically be posted on the chart by the "superduperi'mneverwrongwheni'mrightapartfromontuesdayswhenidon'tcareandyoucancallmecuthbert" indicator when fx education on the standard indicators with support/resistance is a good grounding and very much the way forward.


gl gt all
  • #111
  • May 29, 2008 1:43pm May 29, 2008 1:43pm
I'm preparing for another little holidays weekend so I'll see you all next week. Many happy divergences and pips to everybody and enjoy life.
  • #112
  • May 29, 2008 5:06pm May 29, 2008 5:06pm
have fun, see you next week.

Quoting emda
I'm preparing for another little holidays weekend so I'll see you all next week. Many happy divergences and pips to everybody and enjoy life.
Nihil Sine Deo.
  • #113
  • May 29, 2008 5:18pm May 29, 2008 5:18pm
yes, it's always better to look at higher timeframe and wait for OB/OS levels, then switch to lower timeframe and look for divergence & put the trend line (this would be your confirmation).
i use stochastic 5,3,3 for higher timeframe, and macd & cci for lower timeframe.

Quoting toyboy tramp
Thanks emda...Are you saying you look for an OB level on a higher time frame to confirm divergence signal is valid?

Do you use same oscillator to confirm OB/OS?
Nihil Sine Deo.
  • #114
  • May 30, 2008 9:43am May 30, 2008 9:43am
JUST A QUICK 1

http://i134.photobucket.com/albums/q...heurusddiv.gif
  • #115
  • May 30, 2008 10:28am May 30, 2008 10:28am
Quoting icarusfx
JUST A QUICK 1

http://i134.photobucket.com/albums/q...heurusddiv.gif

Hey there carusfx, what QQE indicator do you use and what value do you use for the SF?

Cheers mate
  • #116
  • May 30, 2008 1:36pm May 30, 2008 1:36pm
Hi

First post here and have been trading for years and almost exclusively Forex now but I am a big supporter of divergence set-ups. The only problem with them IMO is the good ones are few and far in between. Now after saying that I still fiddle with options on the QQQQ and a really clear momentum bearish divergence is setting up on the Daily QQQQ chart I use a 28 close on my momentum set-ups. Why well that seems to work the best. You can pull some nice healthy numbers out of this most of the time use it with one of your favorite indicators or oscillators for timing GOOD TRADING
  • #117
  • Jun 1, 2008 6:48am Jun 1, 2008 6:48am
Nice thread Emda.
Do anyone ever use this indicator?
I think its good.
Attached File(s)
File Type: ex4 DivergenceFX5_V2[1].0.ex4   11 KB | 511 downloads
File Type: ex4 DivergenceFX5-Alert.ex4   11 KB | 507 downloads
  • #118
  • Jun 1, 2008 7:40am Jun 1, 2008 7:40am
just food for thought.I dont know if it is valid..Im just a BABY TRADER
p/s:Im voting cable to going down
Attached Image(s) (click to enlarge)
Click to Enlarge Name: bull.gif Size: 41 KB
Click to Enlarge Name: bull2.gif Size: 36 KB
Click to Enlarge Name: bearish.gif Size: 33 KB
  • #119
  • Jun 1, 2008 8:45am Jun 1, 2008 8:45am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Quoting B@by trader
just food for thought.I dont know if it is valid..Im just a BABY TRADER
p/s:Im voting cable to going down
Hey babytrader. I noticed something on your 2nd chart - your daily G/U chart - that's hidden bearish divergence. Price made lower highs but indicators are making higher highs.

15 min I see regular bear divergence. Thanks for pointing out the 15 min as I often neglect to look at that tf. It's interesting to see the divergence at resistance.
"Wishful thinking dies hard." Igor T.
  • #120
  • Jun 2, 2008 8:55am Jun 2, 2008 8:55am
B@by trader, thanks for charts ))
0 traders viewing now