The Actual Grail

[Anna K.]

Quote from Magnum:

Hi Buy1Sell2,

I like your posts and your Grail system.

Is their a manual to explain the Holy Grail system?
I can not find a link to download it.
Could you please repost the link for me?

Thanks,
Magnum

I'm afraid this thread is it

 

[JSSPMK]

Quote from Buy1Sell2:

This RSI pattern is the closest thing to a holy grail in trading-whether long or short(just use it when inverse)--(when coupled with prudent money management it's a grail). Yes it is that simple--

Is this a good example?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2620959>

 

[Alex55]

Quote from JSSPMK:

Is this a good example?

No Indicators needed at all...just price-chart lines:

 

[JSSPMK]

Quote from Alex55:

No Indicators needed at all...just price-chart lines:

I was referring to current grail in RSI, not from months ago. Curious what the OP thinks about the current grail, TY!

 

[Alex55]

Quote from JSSPMK:

I was referring to current grail in RSI, not from months ago. Curious what the OP thinks about the current grail, TY!

Ahh..ok, let's wait on the OP

 

[southbeach4me]

Quote from JSSPMK:

Is this a good example?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2620959>

Buy1Sell2, you mean a divergence!

What you are referring to is whats commonly called a POSITIVE DIVERGENCE

terminology: When the price makes a new low while the indicator(usually stoch and/or rsi) starts to climb upward(usually in a series of higher troughs)

Old news...........

Good chart example though.

 

[JSSPMK]

Quote from southbeach4me:

This is whats commonly called a POSITIVE DIVERGENCE

terminology: When the price makes a new low while the indicator starts to climb upward(usually in a series of higher troughs)

Old news..........

Tell us something we dont already know.

Good example though

TY! I know what it's called, it's TA 101.

OP called this grail 'The Actual Grail', monthly chart is still bearish, therefore is it prudent to say that this example, according to OP is 'The Actual Grail'?

 

[southbeach4me]

.........if its the Grail then its only half full of a good Pinot Noir wine bcuz the smaller the time frame the less reliable it is. This is bcuz of more "random walk" prevalence

.......usually gives you more defined diverg. signal when you're looking at time frames of 15 min and longer.....from my experience.

 

[Anna K.]

Quote from JSSPMK:

TY! I know what it's called, it's TA 101.

OP called this grail 'The Actual Grail', monthly chart is still bearish, therefore is it prudent to say that this example, according to OP is 'The Actual Grail'?

as far as I understand The Grail, the divergence has to be within the primary trend , not against it as we have right now.

 

[JSSPMK]

Quote from Anna K.:

as far as I understand The Grail, the divergence has to be within the primary trend , not against it as we have right now.

Exactly, isn't the Monthly still bearish?