SFX Divergent Daily Advice

[joeblack]

yeah just trade for reversal sound. maybe for 20-40 pips. the next m30 could spike the euro down again. move stop to b.e. +1 maybe gonna close 1 with 20+ pips

[sue vesta]

Originally Posted by SoundFX

Great night. My EUR/USD yuppie USD/JPY shorts yesterday paid off hsomely. Let's see what's going on this morning.

-S

Nice calls Sound. Don't forget to post that chart showing what you mean by price reverting back to the pre-divergence price when reular divergence is showing - or something like that!

please show hidden divergence - I don't underst that either.

Cheers

Sue

[sue vesta]

Originally Posted by bobnat

Yea they work fly well but not in isolation. I have no desire to start a thread on it though. If you're interested in learning them contact this guy. I learned him.

http://www.pitchforkprimer.com/

Nat

Next time you drop a few pearls of wisdom before swine attach the lastest pic of Beau. It'll please the purists who want only trading posts please me who likes the fact there's some real people with real lives beautiful children out there .

Sue

[SoundFX]

I second thatm Sue. Love getting to know everyone. Just closed out short USD/JPY 118.02 last night at 117.15. Nice profit. Still holding yuppie short last night. Still not convinced as to the longevity of this EUR advance so I sold another EUR GBP 'round the middle of this latest consolidtation though its admittedly a gutsy play I've stops on this one around 25-30 pips away. Good day so far though. Nice moves.

-SFX

-P.S. Sue I will post that chart. I totally forgot. Gotta get some real "work" done in the meantime though. Back at ya later on.

[SoundFX]

Yeah so far this spike is confirming my suspicions I think we'll retrace the whole thing. Glad I waited it out.

[SoundFX]

Gracefully bowed out of my 2 GBP shorts at 8830. Waiting to see what happens. Phewie. That was a nice quick one! Still holding the EUR short for the heck of that. Only short EUR Yuppie right now.

[SoundFX]

Man I seem to have picked the exact right time to get out of USD/JPY. GBP has retraced the whole spike but due to 1M div I won't reenter short until a little retrace which should come about starting at between 8800 8815.

[SoundFX]

Selling 1 NZD/USd at 6606 for a longer term hold. NZD has been getting the hit by the belly of a meat-block whilst trying to surface as well. Will try to ride it downhill for a few days/weeks.