http://blogs.fxstreet.com/chartology/2009/06/26/watching-the-short-term-intraday-charts/ Just another FXstreet.com Blogs weblog Sun, 22 Nov 2009 13:28:50 +0000 http://wordpress.org/?v=2.5.1 http://blogs.fxstreet.com/chartology/2009/06/26/watching-the-short-term-intraday-charts/#comment-1242 nick s Mon, 29 Jun 2009 14:26:36 +0000 http://blogs.fxstreet.com/chartology/?p=431#comment-1242 Raghee - I LOVE the wave! I like to trade divergences on very short term charts, (1min and 5min), as they do work very well despite what most will say. But I was struggling to find an OBJECTIVE way to identify the trend, so I can trade with it. What I've been doing recently is using The Wave to find the trend, and when a swing setup happens on 15min and up, I drill down to the 1min or 5min chart and trade a divergence/trendline break in the direction of the trend. Havent had a loser in the past 2 weeks! Of course that wont always be the case, but it just shows how effective The Wave can be for ID'ing the trend! Thanks, you rock! Raghee - I LOVE the wave! I like to trade divergences on very short term charts, (1min and 5min), as they do work very well despite what most will say. But I was struggling to find an OBJECTIVE way to identify the trend, so I can trade with it. What I’ve been doing recently is using The Wave to find the trend, and when a swing setup happens on 15min and up, I drill down to the 1min or 5min chart and trade a divergence/trendline break in the direction of the trend. Havent had a loser in the past 2 weeks! Of course that wont always be the case, but it just shows how effective The Wave can be for ID’ing the trend! Thanks, you rock!

]]>