Emini divergence journal

Discussion in 'Journals' started by no_pm_please, Aug 5, 2003.

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  1. ADX above 30...no volume divergence.
     
    #171     Aug 11, 2003
  2. rickty

    rickty

    My qcharts feed agrees with this.

    Richard
     
    #172     Aug 11, 2003
  3. I now have a volume divergence and price confirming by the low taking out the low bar since the ADX crossed 30. Next bar not setting a new low will signal the trigger to enter long. I have a Keltner range of 7.18, so stop loss will be 2.50 pts.
     
    #173     Aug 11, 2003
  4. Long from 975.00 stop loss set at 972.50.
     
    #174     Aug 11, 2003
  5. Here's the setup I was looking at on the SP.
     
    #175     Aug 11, 2003
  6. MarkB

    MarkB

    Again, I don't show a divergence. Will be sadly interesting to compare our charts.
     
    #176     Aug 11, 2003
  7. richsan

    richsan

    No divergence on ES.
     
    #177     Aug 11, 2003
  8. Very frustrating that we pay for realtime feeds and they look different.

    This entry didn't have any downward momentum after the low was breached and divergence confirmed. It bounced pretty hard. If my entry would've been at or above 975.75, then I wouldn't have taken the trade as it would've been more than the stop of 2.5 pts. above the lowest low of 973.10 on SP.

    If this is going to retest the low, it should start happening soon.
     
    #178     Aug 11, 2003
  9. MarkB

    MarkB

    Yes it is extremely frustrating. Obviously there's inaccuracy somewhere.

    My 11AM (Central) bar didn't even retest that low. And volume looks different as well.
     
    #179     Aug 11, 2003
  10. Put in a limit order to exit at 978.25. I don't know how long this going to go up and I wanted to get in the queue early. Probably just nervous because I had too much coffee to wake up today. No lunch yet, so I'm going to make a sandwich.
     
    #180     Aug 11, 2003
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