Comments on: Nov 2 is a Day of Intraday Divergence Lessons http://blog.afraidtotrade.com/nov-2-is-a-day-of-intraday-divergence-lessons/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Kevin http://blog.afraidtotrade.com/nov-2-is-a-day-of-intraday-divergence-lessons/comment-page-1/#comment-213375 Kevin Tue, 03 Nov 2009 05:18:26 +0000 http://blog.afraidtotrade.com/?p=4869#comment-213375 Corey,<br><br>If you're willing to share, what settings do you use on that momentum oscillator?<br><br>Thanks<br>Kevin Corey,

If you're willing to share, what settings do you use on that momentum oscillator?

Thanks
Kevin

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/nov-2-is-a-day-of-intraday-divergence-lessons/comment-page-1/#comment-213377 Corey Rosenbloom, CMT Tue, 03 Nov 2009 03:30:50 +0000 http://blog.afraidtotrade.com/?p=4869#comment-213377 True - positive intraday divergences though price is a hair under support levels including a trendline from the prior three lows and the 50 day EMA both at 1,047. <br><br>The lower Bollinger Band (daily) is at 1,035 so we're seeing perhaps the last levels of support, but we could also see yet another of the many 'bear traps' we've seen since July.<br><br>Exciting about sums it up! Though I see both bulls and bears being frustrated over the last week or so. True – positive intraday divergences though price is a hair under support levels including a trendline from the prior three lows and the 50 day EMA both at 1,047.

The lower Bollinger Band (daily) is at 1,035 so we're seeing perhaps the last levels of support, but we could also see yet another of the many 'bear traps' we've seen since July.

Exciting about sums it up! Though I see both bulls and bears being frustrated over the last week or so.

]]> By: Dan de Man http://blog.afraidtotrade.com/nov-2-is-a-day-of-intraday-divergence-lessons/comment-page-1/#comment-213376 Dan de Man Tue, 03 Nov 2009 02:16:19 +0000 http://blog.afraidtotrade.com/?p=4869#comment-213376 I think you're right Corey. Today's closing candle is a doji and we have positive divergance on the 3/10/16 histogram. Looks like a low risk swing trade to me. I also added Larry Connors RSI 2 on my charts and that has positive divergance too.<br><br>On top of that we have a negative divergance on UUP and a doji.<br><br>Green light long but anything can happen. I guess that's what makes it exiting! I think you're right Corey. Today's closing candle is a doji and we have positive divergance on the 3/10/16 histogram. Looks like a low risk swing trade to me. I also added Larry Connors RSI 2 on my charts and that has positive divergance too.

On top of that we have a negative divergance on UUP and a doji.

Green light long but anything can happen. I guess that's what makes it exiting!

]]> By: kbmartin http://blog.afraidtotrade.com/nov-2-is-a-day-of-intraday-divergence-lessons/comment-page-1/#comment-211089 kbmartin Mon, 02 Nov 2009 23:18:26 +0000 http://blog.afraidtotrade.com/?p=4869#comment-211089 Corey,<br><br>If you're willing to share, what settings do you use on that momentum oscillator?<br><br>Thanks<br>Kevin Corey,

If you're willing to share, what settings do you use on that momentum oscillator?

Thanks
Kevin

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/nov-2-is-a-day-of-intraday-divergence-lessons/comment-page-1/#comment-211088 Corey Rosenbloom, CMT Mon, 02 Nov 2009 21:30:50 +0000 http://blog.afraidtotrade.com/?p=4869#comment-211088 True - positive intraday divergences though price is a hair under support levels including a trendline from the prior three lows and the 50 day EMA both at 1,047. <br><br>The lower Bollinger Band (daily) is at 1,035 so we're seeing perhaps the last levels of support, but we could also see yet another of the many 'bear traps' we've seen since July.<br><br>Exciting about sums it up! Though I see both bulls and bears being frustrated over the last week or so. True – positive intraday divergences though price is a hair under support levels including a trendline from the prior three lows and the 50 day EMA both at 1,047.

The lower Bollinger Band (daily) is at 1,035 so we're seeing perhaps the last levels of support, but we could also see yet another of the many 'bear traps' we've seen since July.

Exciting about sums it up! Though I see both bulls and bears being frustrated over the last week or so.

]]> By: Dan de Man http://blog.afraidtotrade.com/nov-2-is-a-day-of-intraday-divergence-lessons/comment-page-1/#comment-211087 Dan de Man Mon, 02 Nov 2009 20:16:19 +0000 http://blog.afraidtotrade.com/?p=4869#comment-211087 I think you're right Corey. Today's closing candle is a doji and we have positive divergance on the 3/10/16 histogram. Looks like a low risk swing trade to me. I also added Larry Connors RSI 2 on my charts and that has positive divergance too.<br><br>On top of that we have a negative divergance on UUP and a doji.<br><br>Green light long but anything can happen. I guess that's what makes it exiting! I think you're right Corey. Today's closing candle is a doji and we have positive divergance on the 3/10/16 histogram. Looks like a low risk swing trade to me. I also added Larry Connors RSI 2 on my charts and that has positive divergance too.

On top of that we have a negative divergance on UUP and a doji.

Green light long but anything can happen. I guess that's what makes it exiting!

]]>