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  • #5,181
  • May 11, 2015 3:14pm May 11, 2015 3:14pm
Quoting srt
{quote} Hi Rehab, I guess I'm missing the question. Both articles seem to explain it the same & correctly. Positive Divergence (Bullish)= Price makes new low but indicator makes higher low. Negative Divergence (Bearish)= Price makes new high but indicator makes lower high. There's also "hidden divergence" which is a bit different so maybe that's what you're questioning? ***Negative Divergence=Bearish Divergence (different terms for the same thing)

Thanks for answering the question and shedding light on the issue

Olu
If you think you can or cannot do it you are correct
  • #5,182
  • May 12, 2015 12:27am May 12, 2015 12:27am
Hi Olu, first let me thank you for putting hidden divergence in an un- hidden way . Also thanks for Srt and Turboane for their contribution.
I am keeping following your blog in a hidden way. I am now 100% focused on XAU/$. I developed the idea that to be specialized is best with small account. However, I am still struggling with MM. My analysis goes well but it doesnt matter how much I win I loose more. So I decided to save my money and invest them in a therapist instead- so far 1 year has passed and the therapist cant find a way to control my impulsive decisions to open stupid trades
  • #5,183
  • May 12, 2015 12:34am May 12, 2015 12:34am
Here is where I am with Gold- bearish on the daily chart. But you see on the monthly chart a huge divergence. IT is here where I am trying to identify what sort of divergence it is. Cheers!
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  • #5,184
  • May 12, 2015 7:21pm May 12, 2015 7:21pm
Quoting rehab
Here is where I am with Gold- bearish on the daily chart. But you see on the monthly chart a huge divergence. IT is here where I am trying to identify what sort of divergence it is. Cheers! {image} {image}
According to your monthly chart, positive divergence.
Learn to like losses
  • #5,185
  • May 12, 2015 7:54pm May 12, 2015 7:54pm
Does anyone here trade on a weekly or monthly basis?
  • #5,186
  • May 13, 2015 1:49am May 13, 2015 1:49am
Quoting turboane
{quote} According to your monthly chart, positive divergence.
Thanks, now i got it
  • #5,187
  • May 16, 2015 9:26am May 16, 2015 9:26am
Quoting SunTrader
Does anyone here trade on a weekly or monthly basis?
Hi SunTrader
Sorry for the late reply. Yes I do trade based on the weekly chart alone sometimes. However at the moment I am not getting a lot of signals. I need smaller candles so that stops will not be excessive. Never done the monthly one yet. I think you need the patience of St. Gabriel to hold a trade that long - even when in profit
If you think you can or cannot do it you are correct
  • #5,188
  • May 16, 2015 9:31am May 16, 2015 9:31am
Dollar Index - Didn't expect the downmove to be this much hence didn't make a lot from it. We are at a decision point right now
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If you think you can or cannot do it you are correct
  • #5,189
  • May 16, 2015 10:00am May 16, 2015 10:00am
Quoting Olu
{quote} Hi SunTrader Sorry for the late reply. Yes I do trade based on the weekly chart alone sometimes. However at the moment I am not getting a lot of signals. I need smaller candles so that stops will not be excessive. Never done the monthly one yet. I think you need the patience of St. Gabriel to hold a trade that long - even when in profit
I was asking due to comment about positive divergence on monthly - which would only matter if someone was entering trades on a weekly basis. But if I understand correctly you look at weekly for trend, patterns etc but enter on lower time frame (daily, hourly)?
  • #5,190
  • May 16, 2015 10:35am May 16, 2015 10:35am
UsdCad - Can that support line keep on taking the challenge?
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If you think you can or cannot do it you are correct
  • #5,191
  • May 16, 2015 10:50am May 16, 2015 10:50am
Cocoa - My personal trading lesson
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If you think you can or cannot do it you are correct
  • #5,192
  • May 16, 2015 10:57am May 16, 2015 10:57am
Quoting SunTrader
{quote} I was asking due to comment about positive divergence on monthly - which would only matter if someone was entering trades on a weekly basis. But if I understand correctly you look at weekly for trend, patterns etc but enter on lower time frame (daily, hourly)?
I enter on the 4h and daily mainly as I cant monitor trades during the day most times. I can get a look in during my lunch break sometimes though.

Olu
If you think you can or cannot do it you are correct
  • #5,193
  • May 16, 2015 11:07am May 16, 2015 11:07am
Crude Oil - I want to sell if price support gives way. The upside is looking tired.
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If you think you can or cannot do it you are correct
  • #5,194
  • May 26, 2015 1:14pm May 26, 2015 1:14pm
Guys

Sorry to have disappeared on you guys. I am in Nigeria for the one year remembrance of my father's passing. I have been here since the 21st. I have only just managed to get some internet access. Roaming charges for my Ipad and phones (UK based) are astronomical.

Full posting will resume shortly
If you think you can or cannot do it you are correct
  • #5,195
  • May 26, 2015 2:50pm May 26, 2015 2:50pm
Crude Oil
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If you think you can or cannot do it you are correct
  • #5,196
  • May 27, 2015 8:39pm May 27, 2015 8:39pm
anyone see negative divergence on usdjpy weekly?
  • #5,197
  • May 27, 2015 9:12pm May 27, 2015 9:12pm
can somebody explain this macd signal? what is it telling?
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  • #5,198
  • May 27, 2015 9:41pm May 27, 2015 9:41pm
Quoting trexy123
can somebody explain this macd signal? what is it telling? {image}
http://www.investopedia.com/terms/m/macd.asp
  • #5,199
  • May 27, 2015 9:43pm May 27, 2015 9:43pm
Quoting srt
{quote} http://www.investopedia.com/terms/m/macd.asp
Srt, I read and don't understand that why I post here for comments. What do you interpret from the chart?
  • #5,200
  • Edited 10:10pm May 27, 2015 9:57pm | Edited 10:10pm
Quoting trexy123
{quote} Srt, I read and don't understand that why I post here for comments. What do you interpret from the chart?
There's different ways to use the MACD.

1-Take entries based upon the cross of the lines(moving averages).>>>#1
2-Take entries based upon cross of the "0" line.>>>#2
3-Take buys with cross of the lines only if above the "0" line.
4-Take sells with cross of the lines only if below the "0" line.
5-Use divergence for entry signal.
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