Trendlines and Divergence Strategies - page 3
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Dinapoli Target bounce
Interesting bounce off Dinapoli target. Good reason to tighten stop.
Pivot Indicator Question
Hua,
I use Camarila pivots.
YKY
1.1817 S/r Area
If prices break above this level then NY session may see prices move above 1.1849/55 area first target would be 1.1835.
Sell Eurusd
If there is a bounce off the upper trendline of W% a sell will be triggered, posssibly only during the London session and a resumption of the uptrend thereafter. Otherwise if upper trendline is broken prices will keep moving higher.
Divergence
As we analysed yesterday prices moved higher in the morning move and now we have a divergence on CCI that will see prices moving lower from now on.
Divergence
Thanks ykimyego!
Divergence is fight against the market!
Never fights against the market.
I paid my experience with real money.
Divergence comment
Schwager,
A trader who has one tool in their toolbox will soon lose their shirt.
With all due respect.
JKY
About divergence
I try most of the time to believe what I see not quotes that certain people have made. After all it is the bottom line that separates trader A from trader B.
As much as the emphasis of this thread is on divergence and trendlines, it does not mean that it is the only tool that you should use to make trade decisions.
JKY
Another Divergence trade
This is not a trade for the next session but an example of divergence. The trade is currently active. I will post trade for next session in the next 2-3 hours.
JKY
type
I did not mention it, that would be reverse divergence on CCI.