Looks like wants all the details of your entries and exits, but offers nothing at all about their system. Not even whether a trade should be long or short. Hypocrisy abounds.
Looks good to start off with a 52 pip gain Romy, but it's too early to claim any victory yet. I could if I was trading the SLA, because they advocate being right and taking quick profits. You and I both know that a weekly divergence doesn't need to be taken exactly when it happens. It however announces new trend direction and allows us to take trades in that new direction. No victory yet---Looking for bigger profit. Romik is way ahead of the curve.
Thanks for the precisions. I actually spent some time reflecting on the time you spent within an intraday trade. As one would expect high win rate, and low risk:reward. However, this last assumption does not include time frame , or length of time a winning trade is held.
Ok, I see your point. Fair enough. You're right. I expressed myself poorly, it's essentially an oxymoron. I could say "potentially confirms" but there's the same problem. I'm not sure how to put it, really, because I have an anathema to firmly predicting price behavior or pretending I can do so. To me, when I open a position, it's always "If...". Annnnnyhoo, in the end, I still think that's a lot of semantics, and, btw, pal, if your post hadn't hadn't been dripping with hostility and scorn I might have responded with a bit more respect. So many smart folks here on ET, so many close-minded asses. As to some of the responses in this thread (back in the day when it was still about what it was supposed to be about), it wasn't really surprising to moi how my opening explanation was so ignored here at ET. Lemme try once more and this time I'll spell it out for those who can't grasp the obvious - This thread isn't really about whether indicators lag (I was being facetious for those who don't understand irony), especially moving averages, which, by their very nature, must lag. It is about looking at the divergent indicator in the context of its most recent past behavior - in the same way one looks at price behavior in such context - along with price/volume behavior to determine whether a buy/sell signal is valid. So much of the arguments in this thread seem to be claiming that indicators and price/volume behavior cannot co-exist in a valid trading strategy.