Divergence Trade Thread

[tradersaavy]

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.

I did see the 1m divergence underneath it but the bearishness looked too strong.

In the end though, it was not a trade of my divergence method and I should not have taken it.

Someone slap me.

 

[T-REX]

Quote from vikana:

T-Rex:
The rule is simple: no commercial postings unless you're a sponsor.

It matters little that you haven't referred to Pulsescan today. You blatantly referred to Pulsescan again and again in more than 10 posts. That way, your posts will get deleted, since those are Baron's rules.

Let me get this straight. Because I referred to PulseScan in the past any future post by me will get deleted whether I mention PulseScan or Not?

I understand "yesterday". I was new and didn't understand. I admit that. but today I haven't done anything wrong. Why are you punishing me today for something I did yesterday?

None of my post today mention nor refer to PulseScan.

Tell me what I can say that wont trigger hate mail?
Or is it already too late and your telling me that Im no longer wanted here. If Im to be kicked off thread just say so and I'll no longer post anything here nor will I refer any of my friends, sponsors or advertisers here EVER!!!! Especially if this is the kicked of response they will receive.

 

[T-REX]

To Any and ALL of you who have complained about me in any way to the moderator. Im sorry if by any means that I have offended you. Please except my apology. I wish to continue a healthy dialogue with you and hope that I can learn something from all of you and also that I too might be able to share some intra-day realtime strategies as well as end of day. I really like and admire these boards and I must say that this website has some of the best boards I've ever seen. The dialog is fascinating and I like the sharing and respectful tone that most of you take with each other.

 

[tradersaavy]

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.

 

[T-REX]

Quote from tradersaavy:

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.

Im game.

 

[VisionTrader]

Quote from tradersaavy:

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.

I did see the 1m divergence underneath it but the bearishness looked too strong.

In the end though, it was not a trade of my divergence method and I should not have taken it.

Someone slap me.

TS - Did you take the trade in the ES or NQ? What prompted you to enter at this point?

 

[dbphoenix]

Quote from tradersaavy:

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.

I was real tempted to take that, but the low volume really throws off the probabilities, and that puts me in a scalping frame of mind, which is not good.

 

[dbphoenix]

Quote from VisionTrader:



TS - Did you take the trade in the ES or NQ? What prompted you to enter at this point?

I don't know what he was looking at, but I was referring to the 1355 bar (EST). However, that's more a breakout/retracement tactic, so it may be outside the scope of this thread.

 

[VisionTrader]

Unless something really stands out, I will probably not post any trades until after the holiday.

This action is too fast for me, going fishing.

 

[VisionTrader]

Just for informational purposes, there was a signal on the YM at the open this morning.

These times are a little too unsettling for me and I am not trading this.


Just for the record. There was NOT a divergence on the Chaikin.

Figured some of you probably are.