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No Sometimes it leads sometimes it lags. Divergence does not have any hard rules. And there are plenty of fakeouts along the way. Each timeframe divergence is different so you have to study them in that context. For example the morning divergence 9:30 to 10:00 then the 10:30 divergence, the...

A bit of everything. Just to build up some supporting case for the trade. Divergence - naz was strong ES holding and ER was weak. Time frame was right. Market is due for a pullback but not going to let everyone jump on short. As usual I knew Er was going up 4 pts and took profits early and...

Had to flush out the shorts before it goes down. I trade patterns and divergences. Same things repeat. Edit: Patterns are subjective, like the 10:30 reversal so I scale out and put a stop at BE.

1 long 10:24 er 740.5 exit 742.80 Market looking weak now. Looking to short.

Account equity :D

Don what about offsetting with a ETF - SPY DIA QQQQ IWM ?

I feel your pain dude, lived it post to post. $400 win yesterday -2k today. Happens to us all. Think of all the positive things you learnt today, thats all the thought you need to give. "Our greatest glory is not in never falling, but rising every time we fall" Confucius

Gutsy Your family has had its share of bad luck. Do you feel bad luck is just around the corner just waiting to hamper your next advancement ? Do you have issues of self worth? This can run deep and is a reason why people seem to make no progress when they have the tools and knowledge...

Trying to visualize all the things that can happen once in a trade and imagining I'm doing my trading calmly doesn't work. Gutsy Have you tried self hypnosis. You need to imprint some strong suggestions into your subconscious. Look at this site...

I am talking primary indicators as well. Like the 5% GDP growth in early 2000 and then we know what happened. What I'm saying is strong indicators are not the requirement for a bull run, in fact the opposite at times like in 2003.

Same talk in late 2002 early 2003. Indicators are lagging. All I can think is that there has been some pessimism. Also money flowing in from housing and commodities (see Nitros post) and election (myminis post) Everyone is talking housing but in the UK and Australia & NZ the housing...

Only trading lightly.

There are so many shorts getting burned at these levels you need to step aside or give it plenty of room. Pabst is one of them. This will probably gap higher tomorrow on the margin calls tonight.

Looking toppy. Took a quick short on the Er Remember 2 days ago Er could not pass 732.20 heavy selling. This must be the covering. Opportunity will come.

What are the numbers? Be careful of expecting price action to repeat (when going counter trend) ie similar to yesterday. People have short term memories :D

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Did not trade Friday due to esignal problems. Today, slow start.

Van Halen put him on ignore, cleans up many threads. He spends so much time typing hes useless post in the hope others will read them. Then the caps is hit when in defense. I feel sorry for him contributes nothing but lurks continuously trying to provoke others to stop helping each other. Why...

JOHN WAKE UP! :D Good work dude. Esignal was having problems this morning :mad: . If everyone has gone home and to sleep we may drift up in the afternoon. Till 15:30, being end of month. Just a thought.

You might be able to fix the problem by changing the time increment to seconds ie instead of 1m use 60s, 5m to 300s as my tick charts have not frozen yet but minute charts have.