Browsing Archive: June, 2012

Divergence

Posted by suresh uprety on Monday, June 11, 2012,

A hidden divergence is used as a possible sign for a trend continuation.

If price is making a higher low (HL), but the oscillator is making a lower low (LL), this is considered hidden bullish divergence.

Your chart shows a price with a higher low, and the indicator with a lower low. The above item from the School says that should be a continuation.

Now you have a dilemma: The divergence calls for a continuation of the trend, which was bearish on your chart. However they call it a "bullish diver...
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Multiple time frame analysis

Posted by suresh uprety on Monday, June 11, 2012,

What the heck is multiple time frame analysis?

Multi-time frame ana... WHAT?! Chill out young padawan, it ain't as complicated as it sounds! You're almost done with high school - now's not the time to get senioritis, although you probably got that way back in Grade 12. Ha!

Multiple time frame analysis is simply the process of looking at the same pair and the same price, but on different time frames.

Remember, a pair exists on several time frames - the daily, the hourly, the 15-minute, heck, even...