Slap, please clarify something for me. Isn't Divergence Price and an indicator (in the case of your pic, volume) suppose to move in opposite directions, diverging or converging, to create Divergence? Seems in your pic that your two Price tops are making LL's and volume, at the bottom of your chart, which spikes "before" the Price tops, are making LL's as well. How is that Divergence?
~~~~~~~~~~~~~~~~~~~~~ Would you please let me know where I find details reg. this system and other systems as suggestested by Jack H.?? It's like looking for a needle in a haystack to check all of Jack's posts - too many, too good just scan. Thanks for your help. Charly
<i>"This guy is nuts..."</i> I make it a rule to avoid personal discussions here, sticking to relevance of trading. However, let me diverge from that for a moment. Anyone who reads some of Jack's writing should be able to see high intelligence behind those thoughts. Genius comes expressed in many forms: sometimes clear, concise and to the point while other times rambling, lengthy and disjointed. I can also tell you that writing = typing 1,000s of words in legible form takes a lot of time. A lot more time if Jack types with only 3-4 fingers like I do. Should have never slept thru typing class in high school... that was a critical mistake on my part. But I digress. For whatever internal motivation, Jack produces reams of instructional material. Many others find it relevant and helpful. What more is there to know than that? <i>As someone who uses absolutely nothing Jack expounds on</i>, I have a lot of respect for his level of intelligence and dedication to work efforts. If there were a lot fewer negative, worthless posts in this forum, perhaps they would be replaced with positive, helpful input instead. Jack, thank God profitable trading can be infinitely simpler than all what you teach. There would be no place in this industry for me if that weren't true. As someone who's typed literally millions of words on paper and online in my time, I do appreciate the effort that you expend. Being 42yrs old now, I hope to be as productive in life at your age if I'm blessed to live that long.
====================== I didnt sleep thru my typing class; but remember they gave higher grades for speed/accuracy Austin,Jack has written so much; you probably do use some of his principles, perhaps unknowingly. Interesting,Jack; 17 leading indicators on a chart
To be quite honest,I couldnt care less whether or not Jacks methods work or not.In the words of the Professor Chen men Cheng(tai Chi) when asked why his students didnt acheive the level of proficiency he did ,the answer was quite simple.. "They needed to believe"..... In trading,as in any "soft" martial art that deals with "internal" power,there will be a mystical element that if one doesnt believe exists,one will neve see... My real question to Jack is "Does your Zen/Taoist genius rantings work with females,and I am not talking about trading.You are the mad poet of trading,and there is a certain appeal to it,as evidenced by your cult like following....I have to believe that there may be other fields of endeavor that "applying"your methods to,may yeild far more enjoyable outcomes,than catching some FTT reversal.. talk to me Jack