- Search Metals Mine
- 7 Results (6 Replies, 1 Comments)
- Grg commented Nov 28, 2012
The simple fact is, XAU-USD has tested the old uptrendline born in mid 2008, tested in 8/2010, 12/2011 and then broken and tested with various results (actually it's rather at the center of a battle). Also, the price hit at the same time resistance ...
Commodities Tanking: Gold And Silver Getting Crushed, Oil Diving
- Grg replied Oct 23, 2011
Scared by Middle-east? — In most Middle-east countries banks are closed on Fridays - to somehow make up for that, some open a few hours on Saturdays. I've asked an Oanda chatline officier if that's the reason for their non-stop trading. He ...
Oanda Weekend Practice
- Grg replied Sep 22, 2010
with trend or anyway? — A [regular] divergence simply shows loosing steam. It is quite common to have it when the price is meeting with a cluster, or any strong level. A movement loosing steam is just that, as Newton cannot be applied to ...
High reliable divergence methodology of trading
- Grg replied Aug 29, 2010
lag or mad — Not waiting for the end of the period is, in any case, trading a signal on the making; it may appear and disappear different times before the bar is settled. This suggests a higher risk of taking false signals. On the other side, ...
High reliable divergence methodology of trading
- Grg replied Aug 29, 2010
caring of the closes only? — The huge bar doesn't exist for the oscillator (based on closed) nor a short bar does. Only the close does exist to it. The diverging or confirming of the oscillator refers to the close only. Then of course you can ...
High reliable divergence methodology of trading
- Grg replied Aug 23, 2010
use the line chart — By my part, let me put something useful on the table. When looking for divergences, do not use a bar or candlestick chart. Remember your oscillator is probably based on closes, so it is safer to compare it to an equally ...
High reliable divergence methodology of trading
- Grg replied Aug 23, 2010
let's converge on a common notion — Pretty tread indeed. But divergences - regular as well as 'hidden' - depends a lot on parameters. Toothman told us that he wonts at least 4 bars and no more than 30 bars (or 6 days in the 4h chart). It looks ...
High reliable divergence methodology of trading
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