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
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 ?
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
disagreeing only doesn't usually persuade people. what are you saying nope to? what are your thoughts?
master divergence, master your self it will work http://www.nqoos.com/Divergence.htm Profitable Trading to all NQoos
Saying divergences don't work is like saying retracements don't work. You have to find the right circumstances for each to work.
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!
Post your stuff that you are doing on divergence. We all want to see what you mean when you changed all those indicators. TIA.