fw:interesting divergence article

Discussion in 'Technical Analysis' started by rolexisrolex, Aug 9, 2007.

  1. in this article below ,Mr.Rick Ackerman show a method of trade wise using stochastics .
    http://www.elitetrader.com/tr/index.cfm?s=15&t=68&action=print


    i re-define two kinds of Bearish.
    Bearish 1: higher price peak and lower stochastic peaks in uptrends (¡¹)
    Bearish 2: not higher price peak and lower stochastic peaks in uptrends(M)

    http://www.wretch.cc/album/show.php?i=rolexisrolex&b=2&f=1658543900.jpg

    and Bullish
    Bullish1: lower price bottoms and higher stochastic bottoms in downtrends (¡¹)
    Bullish2: not lowerer price bottoms and higher stochastic bottoms in downtrends(M)

    http://www.wretch.cc/album/show.php?i=rolexisrolex&b=2&f=1658543902.jpg

    where uptrends means higher price bottms
    http://www.wretch.cc/album/show.php?i=rolexisrolex&b=2&f=1658543901.jpg

    downtrends means lower price peaks
    http://www.wretch.cc/album/show.php?i=rolexisrolex&b=2&f=1658543903.jpg

    then try to find something different in multi-time frame
    http://www.wretch.cc/album/show.php?i=rolexisrolex&b=2&f=1658543904.jpg