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T REX Journal. It can start on Tuesday. Lookin' forward to it.

Awash, What is the lower indicator on your charts ? Sorry if you've already mentioned this. I scanned through past posts and didn't see it if it's there.

A recent Classic Pattern, the reverse Head and Shoulder, that has worked just fine so far. Some profits could have been taken with a trailing stop on the rest.

JayF from Esignal: Thanks for the tip on the scaling. That worked !!!!!

And this is what makes a market. Many traders will see something different in the same pattern and play this pattern different ways. One thing is for sure: these patterns have existed for more years than most of us have been trading, and they continue to reappear. They also continue to...

5m YM

MACD has actually already taken out its highs of the day on YM and ES.

Are we actually going to get back to the highs today ? WOW MACD is looking up, up, up on the 5m. Wish MACD was not reaching its highs. Then we could look for double top.

Here's the 1m.

Here's what I saw at the open in NQ land. Real nice combo timeframe divergence. Here is what the 15m was doing, and after the first 15m bearish candle formed, looked at the 1m for entry and it had a divergence set up too. Please excuse the low quality charts, I do not know what is going...

It kind of sounds like you're talking about anticipating what the chart will do. I, and many traders will agree, never anticipate. Patterns tell us which direction a price may move, after the pattern has completed. We only anticipate that after a pattern has completed it will move in the...

I like head and shoulder patterns that are a bit tighter than this. Like the right shoulder closer to the head, or, both shoulders a bit closer to the head. But, to play this one, the pivot low on the right shoulder would need to break on high volume. There may be some support at this...

Just missed a trade. Tried to enter @ NQ 1288. It was a 5m pullback to support with a little 1mchart divergence inside it. I can't really post charts during the day. I'll post one later if anyone is interested.

Sure wish we'd test lows today. It may set up a divergence trade. I've already taken one trade not within my method and am down for the day. It was at 10:50, on 5m chart with the bearish red candle. It just looked like a perfect pullback with continuation into the downside days trend...

That is what I am doing too, VT. I was trading every nice divergence that I saw on the 1m but got burned because I was trading against a larger trend against me. The 5m moves further and I can still get in with almost the same type of stop loss size as the 1m, 3 to 4 NQ points. As...

I really do not look at volume too much on futures. I only look to volume on hammer candles or gravestone doji's at double tops/bottoms. I post some charts.

In this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=12908&perpage=6&pagenumber=1 There is some interesting discussions on how FXCM and/or OANDA create their own market, thus making different spreads and different highs/lows for the day.

(this refers to a previous chart) I saw divergence in the 5m on NQ and ES and YM. I saw NQ around previous days low. I saw ES coming into 30m and 60m simple moving average support. Then I waited for entry based on a reversal type of pattern on the 5m. However: the bigger picture looked to...

Did you see my chart that I posted a couple posts above ? It uses MACD for divergence.

Perhaps you guys can PM each other about spam sandwiches with VisionTraders request to keep this thread on topic and "intelligent" comment regarding divergence trading. Speaking of divergence trading, here is one of my trades today.