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Old 20-09-2006, 11:05   #649
SoundFX
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Re: SFX Divergent Daily Advice

Divergence! But I just changed my mind on the EUR and shorted at 2698. Might have to ride this one out as it climbs, but the double 00s might be significant enough resistance to initiate a turnaround. For now, I'll stay short USD/CHF to slightly hedge my bets. So short EUR, GBP, yuppie, and CHF. Gotta be quickfooted today.
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Old 20-09-2006, 11:21   #650
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Re: SFX Divergent Daily Advice

Quote:
Originally Posted by SoundFX
Divergence! But I just changed my mind on the EUR and shorted at 2698. Might have to ride this one out as it climbs, but the double 00s might be significant enough resistance to initiate a turnaround. For now, I'll stay short USD/CHF to slightly hedge my bets. So short EUR, GBP, yuppie, and CHF. Gotta be quickfooted today.

Ahhh see divergence on 4 hr chart alright, with ya now !
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Old 20-09-2006, 12:02   #651
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Re: SFX Divergent Daily Advice

Bought back CHF for +9 pips. Now just short EUR and GBP and yuppie.
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Old 20-09-2006, 12:02   #652
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Re: SFX Divergent Daily Advice

Cable is struggling to make any north headway.
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Old 20-09-2006, 12:06   #653
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Re: SFX Divergent Daily Advice

only short gbp 1.8888
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Old 20-09-2006, 12:19   #654
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Lightbulb Re: SFX Divergent Daily Advice

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only short gbp 1.8888
shorted at 92 as a scalping position
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Old 20-09-2006, 12:26   #655
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Re: SFX Divergent Daily Advice

i love the number 8888
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Old 20-09-2006, 12:58   #656
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Re: SFX Divergent Daily Advice

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Originally Posted by Atomised
Someone was looking for an example of Hidden Divergence, think it was Sue ? Well here's recent example on USD/JPY, think this was also where SFX shorted this pair for the second time for some nice profits again !! Nice work SFX, i was busy watching telly at the time was around 22.30 over here, have to stop trading at some point during the day !

(Hidden Divergence is a lower low in price with a higher high on the indicator)

Thanks Atom. And thanks for the chart Sound. There's so many posts being made here I'm miles behind with my thank you's!!

Sue
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