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TEN-THOUSAND IN EDUCATION, FINALLY PAYING OFF

  #288 (permalink)

Bala, PA, USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,321 received


bluemele View Post
@monpere do you know a good post on hidden divergence? I know I have seen it, but figured you would know the best or most 'real'.

Don't recall seeing any here. What I know about hidden divergence I learned from Felton, but as I said, I never was comfortable with the concept and the market phenomenon behind it, so I never tested it and never traded it. I trade basic divergence, I view the concept as the indicator showing that the momentum is decreasing, so the indicator starts decelerating faster then price and ultimately price follows it. But hidden divergence always seemed counter intuitive to me, because i.e. in an uptrend the indicator starts accelerating down in order to indicate a continuation up. I could never wrap my brain around that. It's totally the reverse of the previous idea. I'm sure the concept might work fine, but it never resonated with me as much as straight basic divergence. I don't believe anyone can trade a concept they don't fully understand or are not comfortable with, they will never have confidence in it.

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