DislikedHey albchr thanks for stopping in, I hope your trading's been going well.
I have stochs set to 10/3/3 simple / close. I don't see any other settings so I assume it's all standard otherwise. I've found them invaluable for revealing hidden turning points in the market and amazingly they've never failed on any time frame yet. Otherwise I'm using EO's method but not the 35/50 cross which I don't understand at all.Ignored
Dislikedhi blocp, welcome and please post any thoughts or charts as you come into them. I find there's usually 1 divergence play on the 15m each day, though often 2 or more if you trade long enough each day. I trade the London and US sessions and it doesn't matter when the divergence shows up, it always plays out at some point, just make sure your stop is in a good position below or above the nearest support/resistance wick.
The best divergence plays on lower time frames (5m, 15m, even 1h) occur when the higher time frames (1h, 4h, daily...) show supportive...Ignored
Dislikedgoing to be interesting how the daily candle closes tonight because we have a possible positive divergence brewing. A harami or piercing line candle would most likely send it back up tomorrow and for a few days perhaps.Ignored
Dislikedthis counts as positive divergence for me -- lower price, higher indicator, and bullish piercing line candle.Ignored