Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Thanks JD, your very nice. I appreciate you explaining your trading methology. I know it is helping me and others that are trying to be profitable. I am still trying to grasp your set up for the divergence indicator. For the inputs do you put in your stochastic then go to to the next window and put in volume for your input during the same process. Just can't seem to follow the settings. Or do you simply put in the divergence indicator and put in volume for the input. If this is the case what shows you that you have a divergence, the arrows? Just want to make sure I am doing things correctly.
Also is your stochastic set at 3,9,3 and which line are you using. It seems to be just one line.
Thanks
Hector
Can you help answer these questions from other members on NexusFi?
Regarding the Divergence indicator, i simply put in the divergence indicator and set volume in the imput series, and the arrows show me the divergence signals, i dont need to have volume in the chart just the arrows that show me the divergence signals,
In the stochastic i just use the K line. with 3,9,3 settings.
I just had some minutes to trade, and saw this opportunity to go short, for a quick trade, i saw momentum overbought on both charts 10 and 5 Range, and took the trade using a breaker pattern, for a quick 10 ticks 2 contracts, quick $200. enough for my busy day!!:..
Thanks or sharing. I see u r pretty consistent. Can u elaborate in more detail how u set up and use T&S windows
Is it a speed of tape indi u have below them?
And u used in one post an indi that plotted pivots with a blu line and the priceit was.....I think it was on euro....which was this?
i have a non filtered T&S window, and a 15 contract with 50 block alert filtered window, to see where the medium and the big money is heading, this being buying, selling or covering long/short positions, in the image i posted you can see that a big block of 160 contract "red" meaning at first glance selling!! but it was all the contrary they where covering short positions signaling that a reverse up could happen during overnight session.
I use Pace of Tape indicator the one you see in a 13 tick chart, to see speed in the tape.
about the last question i´m not really sure of which image if you found it, please let me know which to guide you to the indicator,.
Heat Map: What is it telling us? Bearish dollar index = bullish markets
OHLC Analysis:
3/4 tells us short-side bias Overnight Highs & Lows:
Well below them both, says bearish
Are we inside or outside day today?
Outside day, below the PLOD
What price-structures do we see?
Price wedge : bullish
Price channel : major bullish
Trigger-zone : we have 3 AB=CD Pattern : 2 bearish AB=CD Pattern
Zig-Zag: nothing at this time, we need to buy at the lows of the bull price channel.
Double-top / Double-bottom: has been violated by new higher-highs. Range Highs and Lows: we can see a range from the recent highs down to recent lows, marked in RED box.
Where will a reversal be likely today?
The dollar index will likely reverse at the trigger-zone support 82.800 level
Where would the smart money be trading today?
Around the trigger-zone support is where we assume traders will be reacting.