bernard wrote:

Pueo wrote:

Good call on the stophunt Bernard. I decided to take a couple losses and move on. To me it looks like Fox is faking down and ready to go up some more, daily is looking pretty bullish on eu/au/gu

Pueo,
I was heavy on the wrong side as well. Had to take the same medicine

Bernard

Angat wrote:GBPNZD H4 - Giant W. May break either this afternoon or tomorrow. I'm waiting patiently for a trend line break on the 4 hourly as this seems like a more safer entry point. Also an additional retouch of the low to create a W on the lower timeframes.

Pueo wrote:

jordhopwood wrote:

bernard wrote:Guys,
Please post if it is related to the subject of the thread.
What does Divergence have to do with the naked trading? or the scripts debuggings....

Bernard

CJ said on March 6th "...I've said early in this thread that I don't advocate people dropping everything they know and joining me on a naked chart, only to consider what is going on behind the scenes."

and also "...What works for each individual is what is important."

Divergence is simply an additional tool to gauge some signal qualities. Same as Tick Volume. and many more. especially when they occur at significant stop hunting grounds. The problem is not with indicators. It's knowing how to use them appropriately. No more. No less.

Please can you explain how the setup that you posted is directly relevant to the methods that CJ has taught us? I've read everything and I'm sure he didn't say trade any wick you see with divergence. Do you think that what you posted is a M? (we'd like to keep this thread directly relevant to the methods that CJ has been teaching us)

Pueo wrote:

bernard wrote:

Pueo wrote:

Good call on the stophunt Bernard. I decided to take a couple losses and move on. To me it looks like Fox is faking down and ready to go up some more, daily is looking pretty bullish on eu/au/gu

Pueo,
I was heavy on the wrong side as well. Had to take the same medicine

Bernard

Fox has been really tricky the last couple days. It's important to diversify and not get hung up on the main pairs. Over half the time when we trade euro, aussie and pound together we're just multiplying our risk. I don't trade well in the style of the Captain, I need specific risk rules and when I don't obey them I often get burned...

I caught this beauty on the dax yesterday which I held until recently and it helped me out a lot.

jordhopwood wrote:

Pueo wrote:

jordhopwood wrote:

bernard wrote:Guys,
Please post if it is related to the subject of the thread.
What does Divergence have to do with the naked trading? or the scripts debuggings....

Bernard

CJ said on March 6th "...I've said early in this thread that I don't advocate people dropping everything they know and joining me on a naked chart, only to consider what is going on behind the scenes."

and also "...What works for each individual is what is important."

Divergence is simply an additional tool to gauge some signal qualities. Same as Tick Volume. and many more. especially when they occur at significant stop hunting grounds. The problem is not with indicators. It's knowing how to use them appropriately. No more. No less.

Please can you explain how the setup that you posted is directly relevant to the methods that CJ has taught us? I've read everything and I'm sure he didn't say trade any wick you see with divergence. Do you think that what you posted is a M? (we'd like to keep this thread directly relevant to the methods that CJ has been teaching us)

PRICE! PRICE!! PRICE!!! If you can't 'see' what price is doing, you'll never see when 'M's or "W's are forming. Here's your 'M' for you. It also comes in various colors. You like purple?

jordhopwood wrote:GU