Is this Bullish Divergence? - Traders Hideout | futures io social day trading
futures io futures trading


Is this Bullish Divergence?
Updated: Views / Replies:2,566 / 4
Created: by prisonbreaker82 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Is this Bullish Divergence?

  #1 (permalink)
Elite Member
Rio de Janeiro
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire, IB
Favorite Futures: Equity & Futures
 
prisonbreaker82's Avatar
 
Posts: 312 since Jun 2010
Thanks: 57 given, 141 received

Is this Bullish Divergence?

Hi there!

I have a question about Divergence.

In attached image you can see a 60min chart of TZA. I have identified Bullish Divergence on three bottoms as marked in red below. On the fourth bottom, we have a new low, but on the MACD It does not show a new "low" below 0. Do it have to be below 0 to be a higher low on the MACD to be treated as a Bullish Divergence?

Hope you understand my question!

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker/Data: Rithmic
Favorite Futures: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 978 received


Ja, it is...

Take your Pips, go out and Live.
Luke.
Reply With Quote
 
  #4 (permalink)
Elite Member
Rio de Janeiro
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire, IB
Favorite Futures: Equity & Futures
 
prisonbreaker82's Avatar
 
Posts: 312 since Jun 2010
Thanks: 57 given, 141 received


LukeGeniol View Post
Ja, it is...

Sorry, I did not understood your answer. Did you answer this question?
"Do it have to be below 0 to be a higher low on the MACD to be treated as a Bullish Divergence?"

Reply With Quote
 
  #5 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker/Data: Rithmic
Favorite Futures: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 978 received

Sorry, it's a bullish divergence, and yes MACD have to be under the 0 generally, cos it correspond to price LL .

Take your Pips, go out and Live.
Luke.
Reply With Quote
The following user says Thank You to LukeGeniol for this post:

Reply



futures io > > > Is this Bullish Divergence?




Upcoming Webinars and Events (4:30PM ET unless noted)

September Journal Challenge (sponsored by TopstepTrader)

September

Free Elite Membership: Twitter Tuesday and Facebook Friday!

Tue & Fri
 

Trading with Python: Using Machine Learning w/Ran Aroussi [12:30PM ET]

Elite only

TopstepTrader (TBD)

Sep 25

RandBots (TBD)

Sep 27

Anthony Drager (TBD)

Oct 4
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
JPMorgan ...Bullish Surprise kbit News and Current Events 0 May 27th, 2011 11:15 AM
Bullish Funds Slash Commodity Bets by $17 Billion Quick Summary News and Current Events 0 May 14th, 2011 06:00 AM
Bullish funds slash commodity bets by $17 billion: data kbit News and Current Events 0 May 13th, 2011 06:49 PM
Thursday: Bullish Talk Rises but Global Events a Concern Quick Summary News and Current Events 0 March 23rd, 2011 09:50 PM
Amount of Bullish Sentiment Tumbles to Credit-Crisis Lows Quick Summary News and Current Events 0 August 26th, 2010 04:40 PM


All times are GMT -4. The time now is 07:34 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-09-19 in 0.12 seconds with 14 queries on phoenix