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The biggest lie about divergence in trading

  • #21
  • May 19, 2016 7:54am May 19, 2016 7:54am
Quoting cat
{quote} oh FFS, what d'you mean 'No' then, because if you've got your own theory of what moves price, I'm sure you can elaborate slightly on ' No'.
I see you are in the business at least since Oct 2010, about 6 years.
You already should know what moves the price.

But I will give you an "eye-opening" moment and for your friend Copernicus also.
And dont need to thank me

So if divergences dont move the price = BS

I wish you all the luck $$


PS: And I don't believe that you have fantastic results with divergences
  • #22
  • May 19, 2016 7:57am May 19, 2016 7:57am
Quoting seahorse
{quote} I see you are in the business at least since Oct 2010, about 6 years. You already should know what moves the price. But I will give you an "eye-opening" moment and for your friend Copernicus also. And dont need to thank me So if divergences dont move the price = BS I wish you all the luck $$

I insist Seahorse....please accept my humble thanks :-)
  • #23
  • May 19, 2016 8:00am May 19, 2016 8:00am
Quoting Copernicus
{quote} I insist Seahorse....please accept my humble thanks :-)
If you insist, I accept willingly
  • #24
  • May 19, 2016 8:02am May 19, 2016 8:02am
Quoting seahorse
{quote} If you insist, I accept willingly
LOL....I give up you crazy horse of the sea, Cheers mate :-)
  • #25
  • May 19, 2016 8:03am May 19, 2016 8:03am
Quoting Copernicus
{quote} LOL....I give up you crazy horse of the sea, Cheers mate :-)
  • #26
  • May 19, 2016 8:08am May 19, 2016 8:08am
Quoting seahorse
{quote} I see you are in the business at least since Oct 2010, about 6 years. You already should know what moves the price. But I will give you an "eye-opening" moment and for your friend Copernicus also. And dont need to thank me So if divergences dont move the price = BS I wish you all the luck $$ PS: And I don't believe that you have fantastic results with divergences
and I don't really care what you believe my friend, neither am I looking for answers, so I'll leave you to your confused world if you don't mind.
  • #27
  • May 19, 2016 8:09am May 19, 2016 8:09am
Quoting cat
{quote} and I don't really care what you believe my friend, neither am I looking for answers, so I'll leave you to your confused world if you don't mind.

.... not even a small thank you
  • #28
  • May 19, 2016 8:14am May 19, 2016 8:14am
Inserted Video
  • #29
  • May 19, 2016 8:29am May 19, 2016 8:29am
Quoting cat
{quote} I have fantastic results trading divergence. The thing is though, divergence is just one indicator and like all indicators, it cannot be used in isolation. When it has other factors to support it, such as pre-determined S&R levels, moving average configuration, trend line etc, then it can be incredibly powerful. It can be predicted as well, as the moves that create the divergence can be a giveaway. Take this morning's Dax as an example. The price fell from the Frankfurt open, really dropping away from the London open, stalling just before...
What does give you the certainty that majority of traders are seeing the same divergence as you, are using the same timeframe as you, are using the same method to spot divergences as you?

Alex
  • #30
  • May 19, 2016 8:43am May 19, 2016 8:43am
Quoting alexx90
{quote} What does give you the certainty that majority of traders are seeing the same divergence as you, are using the same timeframe as you, are using the same method to spot divergences as you? Alex
Nothing does, which is why I post charts so that people can see where I'm coming from and compare them with their own if they want to. I have never said mine is the right way, I have always said mine is my way, and traders can take it from there. Is there still a misunderstanding?
  • #31
  • May 19, 2016 8:52am May 19, 2016 8:52am
Quoting cat
{quote} Nothing does, which is why I post charts so that people can see where I'm coming from and compare them with their own if they want to. I have never said mine is the right way, I have always said mine is my way, and traders can take it from there. Is there still a misunderstanding?
I didn't say your way is wrong, did I? So no need to say "I have never said mine is the right way".
I left an objective question to think about.

Regards,
Alex
  • #32
  • May 19, 2016 8:54am May 19, 2016 8:54am
Quoting cat
{quote} Nothing does, which is why I post charts so that people can see where I'm coming from and compare them with their own if they want to. I have never said mine is the right way, I have always said mine is my way, and traders can take it from there. Is there still a misunderstanding?
What I think seahorse is missing is that divergences highlight exhaustion candles. But of course, without knowing the phases of the market then that information would mean nothing.
If you are good at something, never do it for free--Joker
  • #33
  • May 19, 2016 8:57am May 19, 2016 8:57am
Quoting alexx90
{quote} I didn't say your way is wrong, did I? So no need to say "I have never said mine is the right way". I left an objective question to think about. Regards, Alex
I don´t have any problems with that, so I say:
He´s wrong.
  • #34
  • May 19, 2016 8:58am May 19, 2016 8:58am
Quoting cat
Here's the chart showing today's divergence I was taking about above, It is supported by several indicators, including one I didn't mention, which is a Bollinger squeeze around the entry point. {image}
In your example the bears attempted the break the bulls with that last candle, but underlying momentum was not there. In short, the last bear sold. And it was not enough to shift the momentum in their favor.

Just trying to help the seahorse with his TA.
If you are good at something, never do it for free--Joker
  • #35
  • May 19, 2016 9:00am May 19, 2016 9:00am
Quoting jmn5611
{quote} What I think seahorse is missing is that divergences highlight exhaustion candles. But of course, without knowing the phases of the market then that information would mean nothing.
LOL
  • #36
  • May 19, 2016 9:01am May 19, 2016 9:01am
Quoting jmn5611
{quote} In your example the bears attempted the break the bulls with that last candle, but underlying momentum was not there. In short, the last bear sold. And it was not enough to shift the momentum in their favor. Just trying to help the seahorse with his TA.
Thank you Sir

Now Im a new trader, I´m prepared
I´m ready to beat the market
  • #37
  • May 19, 2016 9:04am May 19, 2016 9:04am
Quoting seahorse
{quote} Thank you Sir Now im a new trader Im ready to beat the market
Well divergence is a basic concept, I was just trying to help you get your head around it. People tend to laugh at things they do not understand. Try harder, you will get it.
If you are good at something, never do it for free--Joker
  • #38
  • May 19, 2016 9:06am May 19, 2016 9:06am
Quoting alexx90
{quote} What does give you the certainty that majority of traders are seeing the same divergence as you, are using the same timeframe as you, are using the same method to spot divergences as you? Alex
Then why would you imply that there is any certainty in my post or charts..I never said there was , did I? Do you honestly believe that I post charts somehow believing that every other trader out there can see exactly what I am seeing on their charts? If that was the case, what would be the point in posting them at all. I post my charts along with certain posts I make to give a pictorial representation of what I see. If this then helps some people spot something they missed, and in turn helps them to become better traders, then that's fantastic as far as I'm concerned. If there's nothing in my charts for you or anyone else, then that's not something I'm going to worry too much about, and we can all go on along our happy way.
  • #39
  • May 19, 2016 9:07am May 19, 2016 9:07am
Quoting jmn5611
{quote} Well divergence is a basic concept, I was just trying to help you get your head around it. People tend to laugh at things they do not understand. Try harder, you will get it.
I'm thinking in creating a skype group to trade divergences ... wants to join?

PS: I need a mentor
  • #40
  • May 19, 2016 9:08am May 19, 2016 9:08am
Quoting seahorse
{quote} I'm thinking in creating a skype group to trade divergences ... wants to join?
NO NO!! This place is defo more fun than Skype any day!
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