[Do Or Die]

Continued from the starting posts...

dgx, aet, cms, etn, nsc, slb, fdx, are in favor.

eog and etn somewhat dangerous.

No long signals, yet. All trades on daily charts only, because they can be conveniently posted in non-market hours. If feasible, I will try to post maybe few on intraday time frame such as 2-minute.

PS: Do not post in this thread the following, you are always free to start your own thread:
1. Charts with mysterious black-box indicators
2. Claims about profitability of a method without log of live trades
3. Please read the starting post, inclusive of these sentences:
"BTW, the 'advanced' word in title is more of a cliche"...
"I will be calling some signals live in this thread, so it will also serve the purpose of a journal..."

[hunter1]

First I apologize. I thought this was a thread on discussing divergence trading. I thought that the traders log section was for people posting a log of their trades and trading method. My mistake.

Second I posted because I agree with Urma about methods of reading divergence that do not depend upon oscillators like RSI etc.

Third using delta candles to read divergence is hardly black box and I am willing to bet there are other good traders on this forum that use delta candles the same way I do.

Fourth I have been running a free skype room for 18 months where I share my trades live and other share theirs as well. The room has about 30 to 40 members maybe more so there are plenty of folks that can attest to my live trading.

Fifth what good is a log other than an ego massage. Open or join a skype room and call your trades as they happen so the world can see in real time the entries and exit. Posting a log is just another way of past posting.

[Do Or Die]

First, if someone *really* wants to teach me something useful I would willfully bow in respect.

Second, it is usually a good practice in forums to read someone's post before replying. In the case something is not clear, straightforward attacking shows the insecurity of the poster. My method of marking a divergence, as explained previously, cannot be found on internet or textbooks. In any case if it gives some the right to call it 'laughable' and 'herd mentality', I'll let my live log speak who is laughable here.

Third, you made a small post with a chart that had no labels. "key is you see the dvg from the thick blue line." How do you suppose for me to learn about the blue line? and how to assume delta candles?

Fourth, I'm done running a private forum for strictly professional traders. I'm done running chat rooms before that. And I think this stuff is totally off-topic to this thread.

Fifth, it is usually a good practice in forums to read someone's post before replying. In the case something is not clear, straightforward attacking shows the insecurity of the poster. I used the word 'live' along with tradelog every time. Posting within minutes of signal generation is irrelevant if working on daily time frame. For example, the two short calls on AAPL mentioned here http://www.traderslaboratory.com/for...s-model-2.html lack hindsight completely. Similarly the signals I mentioned in this thread are supposed to be carried for weeks, (that is called daily time frame), so they are credible enough even if posted after market hours.

PS: Do not post in this thread the following, you are always free to start your own thread:
1. Charts with mysterious black-box indicators
2. Claims about profitability of a method without log of live trades
3. Please read the starting post, inclusive of these sentences:
"BTW, the 'advanced' word in title is more of a cliche"...
"I will be calling some signals live in this thread, so it will also serve the purpose of a journal..."

[wrbtrader]

Do Or Die,

It's very easy to stop the arguing or debates (depending upon how it's looked at) via asking the forum manager to change your thread titled to the following...

RSI Divergence Trading Strategy (Live Calls Only)

or

RSI Divergence Trading Strategy (Real-Time Trades Only)

I say that because when I read the titled and then I see the discussion...it's a little confusing because your first message post seems as if you're the one making live calls and that there's "no requirement" for others to make live calls.

Edit - I enjoy reading threads with live calls (real-time trades or real-time price action discusions)...it's just as useful or arguably more useful than hindsight analysis.

Out of curiosity, how do you select which stocks to monitor for RSI Divergence trade signals. Meaning, do you follow a specific type of stock and only watch those stocks for RSI divergence setups. ???

[Do Or Die]

Actually I thought the same for a moment, but gave up on the idea immediately because the title does not gives anyone the right to call strategy useless. Also, I do not censor discussions without live calls, but if someone is promoting a method religiously, he should provide a credible trade log. Refer to MightyMouse's post, there was similar post from Tams deleted for being blunt.

I'm running the scan for divergence on SnP 500 symbols only; days on which there are 5 or more signals are preferred.

As per my username, 'Do Or Die'; challenges inspire me, and short-term failures motivate to improve long-term strategy. So loving all the 'arguments'

PS: Do not post in this thread the following, you are always free to start your own thread:
1. Charts with mysterious black-box indicators
2. Claims about profitability of a method without log of live trades
3. Please read the starting post, inclusive of these sentences:
"BTW, the 'advanced' word in title is more of a cliche"...
"I will be calling some signals live in this thread, so it will also serve the purpose of a journal..."

[UrmaBlume]

Originally Posted by hunter1 »

First I apologize. I thought this was a thread on discussing divergence trading. I thought that the traders log section was for people posting a log of their trades and trading method. My mistake.

Second I posted because I agree with Urma about methods of reading divergence that do not depend upon oscillators like RSI etc.

Third using delta candles to read divergence is hardly black box and I am willing to bet there are other good traders on this forum that use delta candles the same way I do.

Fourth I have been running a free skype room for 18 months where I share my trades live and other share theirs as well. The room has about 30 to 40 members maybe more so there are plenty of folks that can attest to my live trading.

Fifth what good is a log other than an ego massage. Open or join a skype room and call your trades as they happen so the world can see in real time the entries and exit. Posting a log is just another way of past posting.

Very well said Hunter.

Delta or my moving window of order flow are hardly mysterious black box indicators. While they haven't been around as long as RSI, MACD & Stochastic, many traders are starting to find they improve the efficacy of thier trading and offer more setups than merely spotting divergences.

It may be that the resistance to discussing anything other that price/price divergences is because the topic is out of the OP's depth. Price/Price divergences which are not real divergences at all have been around forever and discarded by those that have suffered the cost of trading them.

Price/Price divegences are hardly divergence because how can price diverge from itself. Divergence between price and buying and selling volumes is another matter and can be a very effective means of noting either reduced or increasing strength behind price.

Price/Price divergence advanced? Hardly. There is indeed a place for logs and that's where this guy should post his "advanced divergence trading strategy."

UrmaBlume

[Adrian]

@URMA Would you mind posting some charts showing examples of where your divergence worked and regular price divergence did not work please.

[Do Or Die]

Originally Posted by Adrian »

@URMA Would you mind posting some charts showing examples of where your divergence worked and regular price divergence did not work please.

Wow, more historical charts for the mysterious black box indicator.

The indicator for which Mr. Vendor cannot share code or make live calls.

PS: Do not post in this thread the following, you are always free to start your own thread:
1. Charts with mysterious black-box indicators
2. Claims about profitability of a method without log of live trades
3. Please read the starting post, inclusive of these sentences:
"BTW, the 'advanced' word in title is more of a cliche"...
"I will be calling some signals live in this thread, so it will also serve the purpose of a journal..."