Visiontrader, I wanted to get your input on pre-market divergence and how you react. Prior to major ES trading, my %D was showing divergence (See chart). Do you consider pre-market signals before major trading starts or do you generally try and wait for signals after major trading? I generally wait but I wanted to get a feel for what other divergence traders do. In hindsight, if I had of went short on the DT at 9:48 I would have taken more profit home because the signal was clear. Let me know at your convenience. Response from other traders are also welcomed!
Is anyone else still trading this system/style? It looks very similar (and pre-dates) a commercial system that sells for $300-500 range...
I just disc. this thread and I do like your way of handling the market via ticks. The comparison of the the 1min. and the 133 ticks-Chart says more than many words however, I would love to see your indicator on both charts. Would you tell me more about this indikator and the parameters, please? Thanks for your "education". Charly