In this game there is always room for more given the right volatility....as well depends on what TF you are trading in

Cable Update (GBPUSD)

There is a bearish divergence on the 1hr TF with a lower high being made by bouncing off of a previous downward trendline and slow stoch being completely overbought!! Very clear signal I sold @1.6490

Cable Update (GBPUSD)

Heads up!!! In gbp/usd there is a bearish divergence on the 1hr TF with a lower high being made by bouncing off of a previous downward trendline and slow stoch being completely overbought!! Very clear signal I sold @1.6490

Divergence? What is really happening with buyers vs sellers?

On a final note.... Has anyone primarily used this method to get in on trends OR countertrend fade trade OR use as a exit and TP? Ive used this method as my primary PA analysis while utilizing candlesticks patterns like Bull/Bear engulfing candles, ...

Divergence? What is really happening with buyers vs sellers?

I love DR. Elders books, I have all of them but failed to refer to my own library to find a laymens definition of the market psychology for divergences lol...kudos GSP for that

Divergence? What is really happening with buyers vs sellers?

LL, I think this sentence is a GREAT start to elaborate on, thanks

Divergence? What is really happening with buyers vs sellers?

Thanks for the attempt Satch but I was looking for a little more than the obvious technical interpretation

Divergence? What is really happening with buyers vs sellers?

Hey nub, I have to admit your theory is well thought out, but it appears to only explain normal market dynamics of OB/OS level. However I did use your explanation to my friend to help build his foundation for S/R and OB/OS levels and what they mean. ...

Divergence? What is really happening with buyers vs sellers?

Multiple TF analysis is eazy it all depends on howyou interpret it. For instance if the 4hr trend is up and you use a 100ma look only for longs on the 1hr if you see a good setup. I trade on breakouts for a quick scalp using multi tf, I only trade ...

Multiple Time Frames Analysis!

btw, do you know the exact website to download it from I keep finding camtasia for $300

Need program Please!!!!

thanks opie, thats fine I plan to store it on a external hard drive that has more than enough gig space....Have you used this program before in this fashion?

Need program Please!!!!

Good thing I dont trade on sundays, today seems completely out of sync which implies to me that the market is extremely volatile and not logical. So better to stay on the sides since it is labor day weekend!!!!

EURUSD

no problem RR, let me know what you find...I do remember however in the book it didnt really go into why the 34 ema, it just stated that. Ive tried using the 20 ema and it moved to wildly for me

The over/under method

in the book I read it has a purpose, but cant remember why at this point (i cant find the book) im sorry I cant really explain but if you backtest on the 1hr youll see it hold prettty well

The over/under method

ctaguy: I would if I had the proper programs to do it, as well I am not so computer savvy dont really wish to download a program just for this im trying to keep up my space. However if you follow the setup feel free to post the chart and I will be ...

The over/under method

By the way this method has been tested live on the 1 hour, works fine with 30min but mainly on the 1hour on all stable pairs. I personally trade the eur/usd,usd/jpy,gbp/usd works great on all these pairs. Also never risk more than 2% of your ...

The over/under method

I am a bit hesitant to take a long trade when the daily/weekly is starting a new leg down, however there is a cluster support around 105.56 area if support holds we could have a leg up however with this week's us data not looking so hot I am not to ...

USD/JPY Discussion