my grail system

I think you are wrong. I know this one and it is absolutely free: www.martinamartin.cz.
Mr. Google translator will help you to learn how to trade.

This is a perfect example of the community working in unison to avoid people trying to take advantage of noobs.. ipsula was going to start an ocult like following, present a system thats suppose to make good and consistent returns, only post winners and then when people loose following the system ipsula was going to make theories as to why the trade was not acording to the system, niave noobs were gona listen and follow like blind sheep into the slaughter house without fully questioning or analysing the aunthentisy of the system, not requesting verified proof that the system works, then when ipsula gets enough followers ipsula was gona sell the system and make a shit load of money, something like what Udine did.

and in a while ipsula will surely replied you this,,,,

As I said - forget. Really good systems will never be in public use.

Yeah bro you nailed it!!! He's one of it!

Now some useful post to this thread: I am doing my third set of pull ups today, more to come.

Hope it helped, cheers and happy weekend!

I need to see proof rather than .... People saying another grail System...

Ipsula??? Can you boil an egg?? I don't think so lol!!!!!!

This thread is seriously dead!!!!

There he goes again. Guys this is turning into a classic. Mods need to pin this thread. Anyone planning a youtube spinoff?

"I took your trade with 10 lot. you said 100% Now the price comes down. What shall i do ??" - Dude, if you trade real account based on someone's posting on ff, without doing you own analysis or having direct access and understanding of such an indicator, you are gonna burn up fast. Looking at this thread, I really have no idea why make it in the first place. I do find many of the post entertaining...but then I am easily entertained lol :-)

Also, divergences can be useful in trading, but must be used with other clues to determine the probable direction of the PA. They don't work every time, if an oscillator to PA relation was definite, we would all be millionaires trading divergences alone. That being said, saying that the PA is going somewhere 100% based on a divergence is...well, irresponsible at best.
Best, Josh

Josh, Divergence based trading does work ... But it's definitely not a grail system. If you trade in the correct method.. Your success rate of winning will be based around 75% to 80%...

Yes Lex-luthor, divergences work, but they dont always work. I am not sure of 75% to 80% though, but I think we can agree that calling it the holy grail in not particularly accurate.

Josh, address me as Mr Lex-Luthor... As I am a the King of all criminals... Feel free to email on this site . I will be happy to give you free custom made indicators ....

Aye Captain Supreme Commander of the Universe ;-) LOL

Hickson, i can see your point, but remember she is Latvian, and is not necessarily familiar with English Acronyms. My advice to all here is not to judge too quickly until all the hard facts are known. Cheers !

Zia, She said previously that price was not going her way in her last example ( Jan 15) and she is offline until Monday.

Please read posts before asking questions.
Cheers,

@anyone who's interested -- Some commonsense realities:

It's unlikely that any TA based indicator or tool, used blindly, mechanically and in isolation, will deliver much more than a 50/50 directional bias, over time. Moreover, all TA based interpretation is ultimately subjective; indicators and tools are a derived measure, they do not cause price movement. Price will behave as order volumes dictate; it takes no cognizance of any tools that I might place on my chart, however authoritative those tools might appear to me. The market is at all times a mix of anonymous participants whose agendas are unknown to the retail trader.

Having said that, oscillator-based (regular) divergences work occasionally, for at least a couple of reasons:

1. Oscillators measure rates of change in momentum (think: differential calculus), which means that they will top or bottom out ahead of price. Given that price will, in most situations, need to decelerate (as heavyweight players build -- or unwind -- their positions) before it reverses, this will result in the oscillator maxing out, and then creating a H&S pattern (and hence divergence) as price peaks (more info here). However, not every deceleration results in a reversal, hence some divergences will inevitably be 'false' signals.

[EDIT: The screenshot illustrates why there is no mystery in the way that divergences work, if you understand the underlying calculations. Price has decelerated (the slope of the lines becomes less steep), and hence the oscillator, which measures the rate of change, makes a lower high]

2. Fakeouts (purportedly caused by heavyweights gathering liquidity) create oscillator-based divergences, as they produce marginally higher/lower price extremes, and hence a loss-of-momentum pattern.

Re the EURJPY in post #292, the slowdown in China and falling Asian stock markets have caused safe haven flow, and an appreciation in currencies like the yen, hence the recent fall in all XXXJPY pairs. If the Chinese economy slides further, then -- everything else being equal -- the yen appreciation will continue. Economics that have significant or widespread implications will always override even the 'best' TA.

In summary, markets are ostensibly belief systems that potentially create, and operate on, self-fulfilling prophecy: if the owners of large enough volume believe that price will rise, then their actions in buying will cause it to do so. Hence the mission of the retail trader is to find tools that somehow align themselves with participation and orderflow, given the limited information that he has at his disposal. That is the nearest that any one of us will get to a 'holy grail'.

Well Said Hanover !

very interesting , this kind of divergence

quite rare

Hi , do you think hidden divergence could be catched from an indicator such ELR or ASI ?

BTW , which settings do you prefer for ELR ?