one hour like one year
i ts close under its go down from here but hope make it deep down
i ts close under its go down from here but hope make it deep down
- #153,841
- Oct 19, 2009 5:24pm Oct 19, 2009 5:24pm
- | Joined Sep 2009 | Status: Unusual trader | 1,061 Posts
- #153,843
- Oct 19, 2009 5:34pm Oct 19, 2009 5:34pm
Yes, but the chart I posted is not for long term
I'd be careful shorting on divergence along, you have to look for other "clues".
- #153,844
- Oct 19, 2009 5:35pm Oct 19, 2009 5:35pm
- | Joined Sep 2009 | Status: Unusual trader | 1,061 Posts
that drop scarred me..closed long for 24 pips going to sleep@p
happy trading
profit better than lose
- #153,846
- Oct 19, 2009 5:37pm Oct 19, 2009 5:37pm
- | Joined Jun 2008 | Status: Mixed Martial Chartist | 1,007 Posts
- #153,848
- Oct 19, 2009 5:43pm Oct 19, 2009 5:43pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Yes, I see that this is 4hour. But we just had a breakout, pullback and continuation there. The second high does not look much higher then the first on the chart, they are pretty much horizontal, which is not a true divergence. If you look on the daily though, there is a long-term true divergence there.
I'd be careful shorting on divergence along, you have to look for other "clues".
Doing what you like is Freedom. Liking what you do is Happiness.
- #153,849
- Oct 19, 2009 5:45pm Oct 19, 2009 5:45pm
good trade
profit better than lose
- #153,850
- Oct 19, 2009 5:54pm Oct 19, 2009 5:54pm
I just post what I see. I made no comment about how to trade it, or even whether or not to trade it. It was an observation. Do with it what you will, or ignore it if you want
No need to be defensive, if someone knows a bit more than you about certain things - just be grateful that this person is sharing that knowledge and experience with you.
- #153,851
- Oct 19, 2009 5:54pm Oct 19, 2009 5:54pm
- | Joined Jun 2008 | Status: Mixed Martial Chartist | 1,007 Posts
- #153,854
- Oct 19, 2009 6:04pm Oct 19, 2009 6:04pm
- | Joined Jun 2008 | Status: Mixed Martial Chartist | 1,007 Posts
- #153,855
- Oct 19, 2009 6:17pm Oct 19, 2009 6:17pm
- Joined Mar 2007 | Status: Trader | 3,709 Posts
I don't believe it's possible unless with pro's you mean bucketshops
never!!!!!!!!!!!
they only trader that's come close is an energy trader named John Arnold.
20% gains month over month for 4 years.
m
- #153,857
- Oct 19, 2009 6:27pm Oct 19, 2009 6:27pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #153,858
- Oct 19, 2009 6:33pm Oct 19, 2009 6:33pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
What is the point of this thread then? We can all see the same things on our charts. If you don't want your charts discussed - do not post them.
I'm not being defensive, for I have nothing to defend. I, like most kiwi's, call a a spade a spade...like it or not!
Now, I posted a chart, without comment, to invite opinions, and you gave yours, which is good. That was the point of it. Take note though, that a small divergence does exist on the 4 hour and the 2 hour, and, it may or may not bear fruit in those timeframes. I am aware of the long term divergence, but I was not talking about that, I was pondering whether or not there might be a short term drop, that may or may not lead to something else in the longer term. I am also well aware of the current trend and that shorting here due *solely* to that small divergence is not a good idea, but thank you for pointing it out
Now, back to the trading.
Doing what you like is Freedom. Liking what you do is Happiness.
- #153,860
- Oct 19, 2009 6:47pm Oct 19, 2009 6:47pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can