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Posts posted by elle

  1. On ‎21‎/‎01‎/‎2019 at 15:02, elle said:

     I see IG now have "Short Gold "  as the "Trade of the Week"    !!!!!!!!


    On ‎18‎/‎01‎/‎2019 at 15:42, elle said:

    price reacted  , here's the update

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  2. 20 hours ago, Stewart said:

     The ramp up we saw into the end of last week seems to be reversing here. We should test 24,000 Dow and S&P 2,587 as first tests but I would look for much deeper tests over the next few weeks. I am still thinking retracement test of the gap down to 26th December levels. 

    I believe I have suggested this as well, it's just a question of when & how it gets there

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  3. Although there was divergence , price was above the MAs - its difficult to call tops & bottoms just with divergence, but you're right to say it can be an early "warning " signal. You wont know of the divergence until after the event , so if using it,  you have to "anticipate" it in my opinion. Another way to use stuff is if the indicator that diverged , then breaks the divergence trend , like this example. I hope I have made myself clear, sorry if I haven't

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