EURUSD - Trends, Forecasts and Implications (Part 3) - page 172
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Information on the yen
http://www.bloom-boom.ru/blog/10696.html
http://ruforum.mt5.com/showthread.php?t=4904&p=466047&viewfull=1#post466047
Can I have a screenshot?
what do you mean by reverse? divergence sell, convergence buy?
sweetheart is a divergence
Divergence you have
* Vlad's ahead of the curve *
You have a divergence of opinion.
overdrinking beer
Divergence is a divergence between the market price chart and the indicator chart, when a new high market price maximum corresponds to a new low indicator maximum. This divergence is also called "bearish divergence"(position 1 in Figure 1) - it is based on local maximums of the market price and the indicator, and is an additional factor for trend reversal, giving the trader a signal tosell.
Convergence is a divergence between the market price and indicator chart, when a new low of the market price corresponds to a new high low of the indicator. This divergence is also called "bullish divergence "(position 2 in picture 1) - it is based on local lows of the market price and indicator, and is also an additional factor of trend change, giving the trader a signal tobuy.
Right. And convergence is a convergence, i.e. a confirmation of a CONTINUING trend, not a reversal.
You're pissed off.