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Lautrec, divergences between the indicators gives a technical...

  1. 801 Posts.
    Lautrec, divergences between the indicators gives a technical entry signal not a shift in momentum of trade . . . it says that the buyers waited for this price range before having a go . . . . . what you hope for is that the sellers will exhaust or retreat because they see the buying interest. that's when you hope to see a change in the direction of other indicators which suggest that momentum is picking up. . . . . . . your comment about the neutrality of trade is obvious because the buyers have stepped in after hiding for so long. . . . . this is the time that people accumulate to dump into the .04's when they double their money. . . . if the sellers let it survive the 2's.

    cheers
 
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