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short 3 -3.5 hourly might be starting to kick in

Thanks for the intel AS. Hourly chart basing for upside 10 minute chart points to 7330 re-test Will try to catch next downdrift and reverse into long later on short 3 scaled out 2 +8 +19 on 3rd

As far as I see it - it doesn't really matter, I never even look at volume, not to say there is no requirement for it for other people. Some people call this type of activity PPT (plunge protection teams) which could well be our Big Brother "feel good" factor sponsorships. Joking aside, why...

I consider my example of 2 hour charts being a better example of a book perfect divergence, considering we just saw the "momentum" that it created, there was no buying opps as such, I missed the boat in DAX (been out), though a sell signal off a short term chart was extremely evident first thing...

price action looked like a bear flag rather than a reversal, that's where indicators strength is, that was probably one of THE best divergences possible ie consolidation followed by 3 upward thrusts at the time when histogram kept putting in lower peaks, centerline cross (by histogram) marks a...

"TA doesn't work" - ET member, LOL <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1562628>

-0.5 on 3rd Long 3 10 min chart still points to a possible short squeeze, could well be a rapid one scaled out 2 lots +8 let's see if this works again - C'mon bulls you morons, push! Bears have more money than bulls LOL, c'mon, let's move it. staying long with 1 lot for now

TY! U2, that 2 hour chart just might push price towards 7400

long 3 scaled out 2 lots +9 bulls will try and pick it up here, eyes on 10 min chart 3rd -11 worth the risk 7400??? long 3 -3.5 long 3 scaled out 2 lots +5

ImO most rapid squeezes are engineered, it's like most things in life, the more intense the initial thrust the less time is required for that action to start running out of steam. That's what histogram is showing at the moment, recent attempts to reverse a continuation to the sell-off has...

surely that is a joke, right? <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1561001> "trade what you see" - Master Osorico

Indicators, when used wisely, are the paint on a canvas.

AS, look at these 2 hour charts, I did suspect bear flag p/a, this histogram + divergence certainly confirms a bear flag, this whole thing might crash big soon. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1560904>

That's what I thought you might say :)

What IS the trend right now? :)

I can't help but agree, lots of mixed signals recently, but I think looking at the 2 hour chart of ES and DAX that we are almost at the end of p/a which can be viewed as a bear flag, histogram depicts my absolutely favourite formation ie 3 lower peaks + divergence, price is up and down like a...

WOW!

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1560690>

It's not the same as your whole position gross profits, I am just working on total point gain x amount of lots traded. still a blast yesterday TY! :)

TY! Made some, lost some, came out on top in the end. Today was a brill day, over 220 pts total gross benefit (average 3 lots per position).