I can't wait to hear your comments when the Cheerios you paid 3 bucks for last week are 10 bucks this week.... You wouldn't attribute price...
Very true.... If you aren't seeing divergence on one chart, change the compression settings and you can usually find it on a different chart...
Yes, and I agree with you Icarus... I am not saying that divergence can't work for some individuals...those who absorb losers with small losses...
So Icarus...help me understand.... You just jump in anywhere, long or short, and then employ discipline and risk management to avoid blowing up...
Well, keep smiling and I am glad you are happy. I am with you on not making flat statements...especially in regards to trading....however......
And to also add.... Divergence is wonderful in hindsight... Sort of like printing out and taking a chart with moving average cross-overs to...
Precisely
Price
Another textbook factoid... No offense but I think you are missing my point...
With all due respect, the below statement is typical textbook nonsense....usually regurgitated by those who insist on reading books instead of...
Uh, no.... your point was trends are rare and you see far more data that chops than trends...or at least that is what you wrote in a prior...
As Anekdoten pointed out, a lot of it has to do with chart intervals. It is possible to see many tradeable trends each day if you experiment with...
Hi Back, First trade...after your entry, price moved in your direction, pulled back and managed another higher high of only one tick. With the...
I don't want to contradict what Anek recommends so I would look at his settings for longer term charts first. However, to answer your question,...
Great thread! Don't want to confuse anyone but, assuming S/R levels are considered, 1473 was major support on longer term charts and a higher...
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