are divergences really worth anything?

Discussion in 'Strategy Building' started by Gordon Gekko, Sep 10, 2003.

  1. well, one thing i know is not to argue with acrary. so it appears there is something to the divergence concept. :)

    but as nihabaashi said, how you use it is important. like if requiring divergence as an entry condition leads to missing too many trades, it may do more harm than good.

    thx everyone :cool:
     
    #31     Sep 10, 2003
  2. mark1

    mark1 Guest



    I don't understand the logic of using price derivate indicator to find divergence with price, instead I can see the logic of using volume derivate indicator.
    What's your opinion ?
     
    #32     Sep 10, 2003
  3. my opinion? i don't think you want my opinion. :p
     
    #33     Sep 10, 2003
  4. Some trader use divergence between price and volume along with candlestick analysis...

    such as price action only traders (no indicators).

    Think outside the box.

    In other words...divergence between price and indicator isn't the only way to play divergence...

    although its the most popular to use and discuss.

    Goodnight all.

    NihabaAshi
     
    #34     Sep 10, 2003
  5. NOPE
     
    #35     Sep 10, 2003
  6. disagreeing only doesn't usually persuade people. what are you saying nope to? what are your thoughts?
     
    #36     Sep 10, 2003
  7. nqoos

    nqoos

    #37     Sep 10, 2003
  8. Tea

    Tea

    Saying divergences don't work is like saying retracements don't work.

    You have to find the right circumstances for each to work.
     
    #38     Sep 10, 2003
  9. Nice website nqoos...it's guys like you that give me faith in the
    goodness of mankind. People don't realize it, but you're sharing(for free),
    what some traders are paying $2,500 and up to learn from vendors and
    seminar teachers.

    Thanks!
     
    #39     Sep 10, 2003
  10. Post your stuff that you are doing on divergence. We all want to see what you mean when you changed all those indicators.



    TIA.
     
    #40     Sep 10, 2003