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emda replied May 28, 2008I hope everybody is liking the posts of divergences. I don't need to post to make money. But I'm finding enjoyable to post on the forum. I admit I'm a bit addicted.
Also remind always that the secret is not the trading system or if divergences ...Divergences - (All Pairs)
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emda replied May 28, 2008the progress of the EURJPY... ok.. the divergence was good... but it is always risky to trade agains the trend... and you could have made some pips... or stopped at breakeven now.. because we are making a new high today.. now the H4 rsi (yellow) is ...
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emda replied May 28, 2008ok I'll illustrate here how a divergence I was watching.. is cancelled... made new high in the rsi.. and yellow rsi going up also... so.. no short entry yet... R1 was a nice target but no it is going further... will watch for divergences at R2 ...
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emda replied May 28, 2008ok was nice one also.. but I didn't have the divergence signal until 1.5676 look updated chart... more will come I should have watched this one carefully after your alert of divergence.. but misssed this one.. but could have entered at 1.5676 ...
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emda replied May 27, 2008thanks scrat for your divergences... a question.. why do you use M40 timeframe? I can't see divergence yet on my m15 charts eurusd. price went all the way to the weekly pivot consolidating around it. as you can see here... no rapidrsi divergences ...
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emda replied May 27, 2008thank you Scrat Very good idea Yes they work with any oscillators... I'm loving it also with the rapidrsi indicator I posted. It is risky to enter right in the top or bottom... but when you see the divergence confirmed sometimes it is late to ...
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emda replied May 27, 2008who knows... there is never a 100% indicator or system... and this usdcad one.. is not a 100% perfect divergence.. ebcause it doesn't have an overbought signal in any of the two rsi... it is doing wild swings.
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emda replied May 27, 2008thanks ! I'll post the template I use here and indicators also here is a new one in USDCAD
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emda replied May 27, 2008ahhhh yes! that's something I always suspected... thanks
USD/JPY Discussion
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emda replied May 27, 2008I'm not in that EJ one.. it is not a clear one.. but it can be.. news coming in 10 minutes will decide.. good luck

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emda replied May 27, 2008that double top I was mentioning in GU before... was a perfect setup today... triple top.. with divergence.. free money
I will keep posting divergences to help people to understand it and to give more confidence in them.Divergences - (All Pairs)