will use today's chart, this is the trade that I missed, the Doji showed up and already 15 ticks down..
YH, you see the channel highlighted? I see that a lot on HSI.. the 2nd peak always in Div, but the two channels it forms so well and consistanly for a major peak/bottom.. must be double bottom on 5min, huh? anyway, really I want to do that but didn't bring myself to chase da market after the Doji got form..
Good morning all! Technical view for today: both 4H and 1H are in the same up channel and near it's higher TL. Both exhibit price action specific for tops and both CCI's are diverging (even triple divergence on 1H)... During previous days fundamental factors were stronger and price went up, but technically today's gameplan is to have at least a good swing down.
Dobryj Den (LOL, hate non-cyrillic keyboards) --If you get a chance, can you post a slice of the chart that's showing you those divergences? More out of curiosity than anything else, because I'm not seeing anything that remotely resembles a divergence on any of my charts for those time frames (Bear in mind, I'm not using CCI, but there should still be some sign of a divergence regardless of what oscillator one is using. If you don't have time, that's cool. Not really a big deal. Thanks much. Safe trading...
just one.. maked up yesterday loss, LOL Short at the middle of a bust, this is bad trading and got out at the retracement.. could do a better exit, div in isolator, but let it take out from da retracement high.. didn't trade the retracement after that, didn't look quiet right to me on 1min, the bigs on both side used 25min to collected alot, after it touch the EMA in 1min, it didn't even have a PA signal, just slow selling, and on the small retracement just before the big bang, big just crew throught 200 orders by the lots of 5s and 10s, then bang.. 150pts in 1min, with volume of 1.5k (about 8~10 times from the norm, guess the big on the long side have to cover in a hurry), then another 1.5k at LOD (covering for the big on da short side, as I sees it); that's pure class, world class trading..
worry about hog, but he got better as the night progress, much like his old self.. Felt that he softens up, after the guys in chat shows some care..