Jessop: I certainly understand the emotions you're describing; these must be near-universal issues for traders everywhere. Two suggestions...
EasyRider: Good points. I've seen some potential using volume-based indicators like money flow/Chaikin as a leading indicator. For...
Macro: Thanks for the info. I'm using divergence as one confirmation, like to see it, usually do. I've been using the tick charts partly...
Like that first crude trade that's with the major trend, I try to find divergences supporting re-entry in direction of current trend. It's just...
Tsokakis: Nice trades. I've found the time frame that best reveals the divergence may also contain the degree of the move--smaller TF, smaller...
The attached file shows a very clear buy signal. As the market rallies to the pivot line, it indicator shows weakness before it stalls out there.
OptionPro: www.techsmith.com has 'snag it', the program I use, for free 30 day trial. I think they require an email address....
77: I use 'snag it'. I think there are other freeware/shareware proggies out there that do the same thing.
invaliduser: Any favorite patterns you look for? Agreed, without some form of confirmation, it can be a bit like catching a falling knife....
Here's a chart from today on Russell. These are pretty clear signals on quicker time frame because of choppier market.
Sunny: I don't just trade divergence. Tried that a long time ago... ouch. I use it as part of a package--an important part. OptionPro:...
OptionPro: I use different ones. The one shown at the bottom in yellow is 'money flow index'. The charts are tick charts. Each bar...
I've been using divergence to assist reliably in trading decisions. I'm hoping there's sufficient interest here to develop strategies, debate...
No_pm_please introduced a number of traders here to the use of ADX to help identify changes in trend. ADX gets up over 30 for a while, expect a...
It really takes some pressure off if you can cash out part of your position with a conservative profit target and use some kind of trail or bigger...
Skalpz mentioned getting identical performance from demo to real time. Alpari--a dealer--was rec'd by someone and I checked it out. They say...
Well, I've been checking this appoach out as well. I understand the limitations of divergence signals--learned some of them the hard way. I will...
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