i think div was ur undoing, on the rsi, u where getting in at a new high, but rsi wasnt making new highs, most that have posted were looking for a 123 at this pt to go short
- #2,302
- Mar 28, 2011 3:36pm Mar 28, 2011 3:36pm
Thanks Divergence for starting this great thread.. We all know professionals use divergence all the time when searching for trades.
Remember guys only use indicators or oscillators to confirm what you think.
Remember guys only use indicators or oscillators to confirm what you think.
- #2,305
- Mar 28, 2011 5:12pm Mar 28, 2011 5:12pm
As a total newbie to this system today I entered 2 trades (tiny stakes) which I managed for +6 and +8 as they would have retraced to BE. I spotted a few more which would have been winners. So one more big thank you to Divergence for allowing this. I feel for the first time much more clarity in my chart reading. Other people in the chat got much more and it's good to share our thoughts. Although the chat is easy and handy to use, it doesnt hold the transcript. Maybe I'm more used to the Skype features, but I was wondering if we could move to something more advanced if not Skype itself. 
Other people in the chat got much more and it's good to share our thoughts. Although the chat is easy and handy to use, it doesnt hold the transcript. Maybe I'm more used to the Skype features, but I was wondering if we could move to something more advanced if not Skype itself. 
- #2,308
- Edited 6:42pm Mar 28, 2011 6:38pm | Edited 6:42pm
- Joined Sep 2010 | Status: Trader | 2,034 Posts
- #2,310
- Mar 28, 2011 7:14pm Mar 28, 2011 7:14pm
- Joined Sep 2010 | Status: Trader | 2,034 Posts
Hi Diamond,
yes this is the "undocumented feature" I was talking about earlier, it only happens when xb_Use.Zigzag is set to true.
For now set zigzag to false, or as you currently do go into the indicator parms and press OK, I am still trying to hunt down why this occurs.
It will still give you fractal based divergence.
Hopefully I will be able to fix this tomorrow.
Regards
John
Thanks John. Should have noticed that in your notes. Gotta drink my own kool-aid
Good thing it was just my demo. Looking forward to tomorrow morning.
- #2,315
- Edited 9:14pm Mar 28, 2011 9:13pm | Edited 9:14pm
- Joined Sep 2010 | Status: Trader | 2,034 Posts
now that you have a divergence finder did anyone of you take the divergence 123 to go long?
No;
• Trend was down
• Was right at 90 minutes into Asian Session
• Price was not moving much
• Resistance level of 1.4080 was only 5 pips away.
I did see the 123, which was very small, like 6 pips from 1 to 2. Even if I Did take it, I didn't see enough pips in it to cover my spread.
Things I liked about this trade;
• 123
• Already 3 waves coming down
• Divergence
