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  • #421
  • Mar 16, 2009 10:37pm Mar 16, 2009 10:37pm
Quoting cobraforex
I'm so boring with this PA, already cleaned up charts, indicator folders, Antivirus update and scan, and now?
Now time to do some more coding. Maybe there is a way you could write some script to fix up those wandering tails...
  • #422
  • Mar 16, 2009 10:39pm Mar 16, 2009 10:39pm
Quoting cobraforex
I'm so boring with this PA, ... and now?
That's why God invented Freecell and Bill Gates invented Vista so you could run Chess Titans...

I bought my wife an $800 Chess machine last year. Toshiba calls it a Laptop with Vista, but that's optimistic.
FUBAR...
  • #423
  • Mar 16, 2009 10:43pm Mar 16, 2009 10:43pm
Quoting ak4x
but that's optimistic.
Especially the Vista part..
  • #424
  • Mar 16, 2009 10:44pm Mar 16, 2009 10:44pm
Quoting ak4x
No idea where this puppy will break to this evening ((assuming it goes anywhere))
Wish now I hadn't said that...

See you guys later.
FUBAR...
  • #425
  • Mar 16, 2009 10:45pm Mar 16, 2009 10:45pm
An interesting story now on Forex Factory at:

http://www.learningmarkets.com/index.php/200903171707/Forex/Forex-Portfolio-Management/long-term-vs-short-term-investing-stops.html

It discourses in part on the Rising Wedge Pattern. The chart included reminded me of the H4 chart we have on EU. So, now two "biggies" that may be harbingers of a run down......Bearish Divergence and consolidation via the Rising Wedge Pattern.
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  • #426
  • Edited 11:01pm Mar 16, 2009 10:48pm | Edited 11:01pm
Quoting traderathome
An interesting story now on Forex Factory at:

http://www.learningmarkets.com/index.php/200903171707/Forex/Forex-Portfolio-Management/long-term-vs-short-term-investing-stops.html

It discourses on the Rising Wedge Pattern. The chart included reminded me of the H4 chart we have on EU. So, now two "biggies" that may be harbingers of a run down......Bearish Divergence and consolidation via the Rising Wedge Pattern.
I can't see hidden divergence there.

Hidden bearish divergence must have a lower high in price and a higher high in the oscillator.
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  • #427
  • Mar 16, 2009 10:51pm Mar 16, 2009 10:51pm
Seriously; I'm not sure how much longer I will continue to do this Tade/Forum stuff but do feel I have a nugget, or few, to pass. {Maybe that's a Gallstone?}

Looking for someone familiar with VT. to Transpose Code to MT4. Wish I could have mastered the language but, it appears, I was already in slow down mode.

Attempt to Sell My Code In Any Language & you will experience the Broadside of my displeasure. {I mean it.}

Ashes to Ashes....

(some of the code is pretty deep BUT NOT all of it. Take what you can handle.)

Anyone interested? You will probably need a VTT Demo platform to import them. That is, if you need to see them.

{it was a quick & easylanguage. Omega Pro still rules}

Yeah yeah, so I just showed my age...
  • #428
  • Edited 11:07pm Mar 16, 2009 10:51pm | Edited 11:07pm
Quoting NuckingFuts
I can't see hidden divergence there.

Hidden bearish divergence must have a lower high in price and a higher high in the oscillator.

http://www.forexfactory.com/attachment.php?attachmentid=179495&d=1228757312

And, actually, if I drew the "horizontal" line more accurately, you would see the right side lower than the left because the most current Trix peaks are lower than the earlier ones..... But that would be nitpicking, as it is very clear the line connecting the chart peaks is diverging away from the line connecting the Trix peaks.....and that is all it takes. But, you are right, it is not "hidden" bearish divergence, just bearish divergence.....I stand corrected. I guess I paid too much attention to "bottoms up, tops down" to fixate the "hidden" vs "non-hidden". No matter. The point is that the Bears may be staging a comeback.
  • #429
  • Mar 16, 2009 11:00pm Mar 16, 2009 11:00pm
Quoting TradeWell
Now time to do some more coding. Maybe there is a way you could write some script to fix up those wandering tails...
I already coded all what I have had in my repertoire and what you want to code for tails, you could get a knot in.
  • #430
  • Mar 16, 2009 11:05pm Mar 16, 2009 11:05pm
Quoting traderathome
http://www.forexfactory.com/attachment.php?attachmentid=179495&d=1228757312

And, actually, if I drew the "horizontal" line more accurately, you would see the right side lower than the left because the most current Trix peaks are lower than the earlier ones..... But that would be nitpicking, as it is very clear the line connecting the chart peaks is diverging away from the line connecting the Trix peaks.....and that is all it takes.
But... you need a lower high in price for it to be hidden bearish divergence (see my picture of the example). That I cannot see.

I do see hidden bullish divergence though.
  • #431
  • Mar 16, 2009 11:09pm Mar 16, 2009 11:09pm
Quoting NuckingFuts
But... you need a lower high in price for it to be hidden bearish divergence (see my picture of the example). .
Actually TAH is showing regular bearish divergence.
  • #432
  • Mar 16, 2009 11:09pm Mar 16, 2009 11:09pm
Quoting Bemac
Seriously;

Looking for someone familiar with VT. to Transpose Code to MT4. ...
May be Zen (http://www.forexfactory.com/member.php?u=71711) can give you a helping hand, just drop him a PM, he's a great person and coder.
  • #433
  • Edited 11:31pm Mar 16, 2009 11:09pm | Edited 11:31pm
Quoting NuckingFuts
But... you need a lower high in price for it to be hidden bearish divergence (see my picture of the example). That I cannot see.

I do see hidden bullish divergence though.
I edited my post just above. You are absolutely correct in that it is not "hidden"....my bad. And, as the Trix bottoms are rising and the chart PA bottoms are also rising, there is no hidden bullish divergence......such would require falling Trix bottoms and rising PA bottoms. What we have here at the moment is bearish divergence, which equates to trend reversal....if it plays out. That is the point I wanted to make.
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  • #434
  • Mar 17, 2009 2:32am Mar 17, 2009 2:32am
This might be a very important point. We have passed upper tl, 20/2 bollinger bands upper line, last weeks high and are just passing 4 week high. This might signal a strong uptrend forming.

Also note that daily chart looks a lot like very big double bottom (psychological factor if nothing more)
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  • #435
  • Mar 17, 2009 8:23am Mar 17, 2009 8:23am
EU at a crossroads in this session. PA has extended well above Weekly Pivot, but now showing Lower highs and lower lows. This is really due for a retrace, which would be especially good as a precursor to any further substantial gains northward. However, a retrace could also be the start of another move down from the highs of the range on the Daily Chart. And the Monthly Chart gives one reason to pause and think......
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  • #436
  • Mar 17, 2009 8:35am Mar 17, 2009 8:35am
Quoting Bemac
Seriously; I'm not sure how much longer I will continue to do this Tade/Forum stuff but do feel I have a nugget, or few, to pass. {Maybe that's a Gallstone?}

Looking for someone familiar with VT. to Transpose Code to MT4. Wish I could have mastered the language but, it appears, I was already in slow down mode.

Attempt to Sell My Code In Any Language & you will experience the Broadside of my displeasure. {I mean it.}

Ashes to Ashes....

(some of the code is pretty deep BUT NOT all of it. Take what you can handle.)

Anyone interested? You...

Bemac.... what's your need in VT ??
The best thing that can happen to you is to find out where you're wrong.
  • #437
  • Mar 17, 2009 11:08am Mar 17, 2009 11:08am
Ahhh well... been dancing with the Shorts this morning on the mini peaks, waiting for the holes in Support to get big enuff for price to fall thru. The DP has been most problematic but I alluded to this potential yesterday in my Epic Retracement thesis

Quoting ak4x
look for the Fib/Pivot convergences and draw your Own Conclusions. Especially note the Fib High anchor convergence with the new Daily Pivot (2956) and the Central (not shown) is only about 10 pips above that at 2966.

That should be a pretty strong attractor and S/R zone until a Break and Clear...
One of these days, I'll need to decide how to define Break and Clear... For starters, throw up a 2/4hr chart and ask yourself if it looks like price ever broke cleanly away from that level w/o almost immediately heading back towards it; one of the advantages of longer TF perspectives... I wish I was better at trading them tho. At this point I still suck at it imo.

I'm suppose I'm anticpating a lull in the bull move at this point, and some retracement to make the bears happy (I'm neither Bull nor Bear at this point, just Traderus Horriblis Maximus maybe...) I'll trade what happens tho as Best I Can and Phooey on any of my previous expectations.

It's a very Awkward trading environment for reasons I don't fully understand yet... as if a Global Malaise has settled on the 3rd Rock from the Sun, and has yet to shake it off. Well, it IS Mid-March after all, and stranger things have happened...

Read the posts on Divergence, and I have to admit that whole notion never found a secure place in my Toolbox. I know some guys seem to have it coded into their DNA and it's second nature for them to see it, but it never worked for me. Depends on how you see things I expect, but it does seem ((to me anyway)) to be one of the more misunderstood/misapplied tools out there.

I do listen carefully to those I respect in it's use (called cheating) when I come across it on one of their posts, but it's usually in conjunction with other signals as well, and as with ALL of this stuff, that's probably how it should be...

Off to Second Breakfast with my honey, careful trading all.
FUBAR...
  • #438
  • Mar 17, 2009 11:33am Mar 17, 2009 11:33am
Quoting ak4x

Read the posts on Divergence, and I have to admit that whole notion never found a secure place in my Toolbox. I know some guys seem to have it coded into their DNA and it's second nature for them to see it, but it never worked for me. Depends on how you see things I expect, but it does seem ((to me anyway)) to be one of the more misunderstood/misapplied tools out there.
I used to feel the same way about divergence. But when I actually applied myself and started watching it, then I could see how it works. It is really simple actually. You just need an oscillator indicator, the draw trendlines on it and your PA, always drawing the lines on top or bottom of them, being consistent for both. When lines slope opposite, then you have divergence. Then what do you do? Remember this little ditty:
- bottom's up
- top down

Divergence on slopes on the bottom, price moves up, slopes on top diverge, price moves down; well, not always. Refining that is where the work is, but at least it gives you a warning maybe NOT to enter the other direction or perhaps to take profit from a position you are in. So it's just another tool, not a big mystery.
  • #439
  • Mar 17, 2009 1:50pm Mar 17, 2009 1:50pm
Quoting TradeWell
- bottom's up
- top down
After I posted this useful information I realized you may need some pictures to give you a better idea:
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  • #440
  • Mar 17, 2009 2:19pm Mar 17, 2009 2:19pm
Guys, I would not appear again deviated and visionary.
To be honest, I was also asked me whether it is right to
talk about this things in the chat. Anyway...

Also at this time things seem only to be premature.
I refer back to USDCHF.

I will however share with you this other idea, and maybe know your opinion.

We come to the facts:

I believe that there are 10 figures upward in dance to reach the area 1.2967.
All this could start as early as next week and if this is not a vision,
I believe that the preparation will be done these days in keeping the market well packed and giving the impression of a weak market.

I see market movements that suggest this.

At the operational level I have identified two levels for my entry :

1.1729 for this week
and
1.1770 for next week.


Of course all this should enable EURUSD reaching a maximum on this week
that could be in area 1.3200 where I believe that the shorters will sell it.
The best thing that can happen to you is to find out where you're wrong.
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