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Old 26-09-2006, 20:14   #705
SoundFX
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Re: SFX Divergent Daily Advice

I can see that, Woodland. Lots of bearish divergence still in the higher time frames. I usually use the 5M for trades though. Mosad, you might be right. I just need to see some major bullish div to think north for CHF, but my perspective changes with the market every day. I don't try to predict anything too far ahead because the market is too news driven. To me, I can only go on weakening momentum as evidenced by current divergence and for CHF right now, its looking bearish. But that might change overnight. That's what the question mark was for. Ya never know what's going to happen. Gotta ride it every day based on current conditions. I think predicting more than a day ahead is pretty useless. Just my opinion.

-S
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