Divergence forming on the EUR/CAD pair on the 30min chart... stayed tuned..
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Dislikedthe problem with trading divergences is that you don't know if the indicator is forming a major peak/trough, or just a small turn until AFTER it has happened.Ignored
Dislikedwhich to take???
I take short now and will exit as scalp then long..
seniors???Ignored
Dislikedwell personally i trade off 1h for divergences... also a short in the same direction as the trend would be considered "safer" but hey it's up to you.
I'm scalping both ways atm
also reg div (to the short side) plus price bounced off the daily pivot point.
hope this helps
http://i134.photobucket.com/albums/q...ddiv110608.gifIgnored
Dislikedthe problem with trading divergences is that you don't know if the indicator is forming a major peak/trough, or just a small turn until AFTER it has happened.Ignored
Dislikedmy UJ options
a bit of divergence.. and OB now.. could start a little retrace find support at the current broken magenta channel... and meet the blue channel again as resistance.. the yellow option would happen if bad news happen...
have a nice day/night...
I'm glad the thread is being very interesting.Ignored
Dislikedyess I did some really nice profits today... I should not trade for the rest of the week... but you know how difficult it is to do so.. lolIgnored