This sell still on.
This is a continuation move after a sell that didn't work out. Both time frames strong support for buy based on support, price action and divergence.
I've used a 25 LRMA as confirmation. Once price flips on a turn, crosses and closes beyond it, move tends to continue to a tradable degree. Thru
Large divergence, entry above initial resistance on lower TF, confirmation on higher TF. Thru
Nononsense: Certainly appreciate the trend considerations for which you are famous. I look for 'divergence continuation' trades that are in...
Lower TF range contractions line up with resistance on higher TF. Thru
The attached chart shows explosive move after BB contraction on higher TF--with divergence of course. Thru
Macroevent has done a lot of work with these indicators on es and russell. You might want to pm him. thru
forex: There's a discussion of reversal magic on the 'trade 2 win' forum, including a long post by the creator of the technique. I don't have...
Very similar setup to previous post on sell side. Thru
Higher TF shows reverse divergence. Big divergence on lower TF. BBs become support/resistance points for profit taking. BB setup compliments...
Thanks for sharing your method, Vision. Do you find channels at lower TFs as reliable? Thru
The other filter I use is time frame. The attached chart shows: 1) Higher TF still long, no divergence yet 2) Higher TF still short, no...
ghetto: I do get suckered in at times; this wasn't one of them. I was long and managing that position. I took 2/3 position off prior to that...
Here's the chart for prior post. Thru
Option: I look at divergence as a desired condition for taking a trade that conforms to other at least equally important conditions. I'm...
Hey, OptionPro: What have you got overlayed on that chart? I've been looking at 1-4 hr forex charts, using S&R with divergence. Check out...
Late apex: Thanks much for the link! Thru
I'm also wanting to switch to MT4, from VT. Can anyone recommend a broker? I've been reading some real horror stories about bad fills and...
Do a search for CMS Visual Trader... free demo account
Separate names with a comma.