X-Account-Key: account7 X-UIDL: 1293978753.18510.mail35 X-Mozilla-Status: 0011 X-Mozilla-Status2: 00000000 X-Mozilla-Keys: Received: (qmail 18508 invoked by uid 78); 2 Jan 2011 14:32:33 -0000 Received: from unknown (HELO cloudmark1) (10.49.16.76) by 0 with SMTP; 2 Jan 2011 14:32:33 -0000 Return-Path: Received: from [98.136.45.89] ([98.136.45.89:30142] helo=n64d.bullet.mail.sp1.yahoo.com) by cm-mr2 (envelope-from ) (ecelerity 2.2.2.41 r(31179/31189)) with ESMTP id 27/FF-25897-08C802D4; Sun, 02 Jan 2011 09:32:33 -0500 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=yahoogroups.com; s=lima; t=1293978751; bh=WhJ1trYlhMprkB+jwK72z9JjIFhzOou7hQOtdC4pTp8=; h=Received:Received:X-Yahoo-Newman-Id:X-Sender:X-Apparently-To:X-Received:X-Received:X-Received:X-Authority-Analysis:X-Cloudmark-Score:X-Received:To:References:In-Reply-To:Message-ID:X-Mailer:Thread-Index:Content-Language:X-Originating-IP:From:X-Yahoo-Profile:Sender:MIME-Version:Mailing-List:Delivered-To:List-Id:Precedence:List-Unsubscribe:Date:Subject:Reply-To:X-Yahoo-Newman-Property:Content-Type; b=TpQbqobJmfsBDJSKSgGhyDaLilbD8qQGNT88R5pdb55Hgbss7R1NIFU8rQPfJ5FWEkB5ZJPUPlwLdwmm2h6TH4FNTEB/F2bEvNxb3RoASs2w274zxCi8DZY/kTl/a9iL DomainKey-Signature: a=rsa-sha1; q=dns; c=nofws; s=lima; d=yahoogroups.com; b=H8Xw/v4EWV8H/XdqE2fULXPVoeZfFuBOzxfRhxSdqyvGqVl5NeHA9yl3snmeWXU3ntoYRyL68ZmzzNoo0FVFtr8cLSoh+/rkSDPlGHle98sHMkHqBL2IqGDZvXuHplEq; Received: from [69.147.65.172] by n64.bullet.mail.sp1.yahoo.com with NNFMP; 02 Jan 2011 14:32:31 -0000 Received: from [66.196.95.32] by t14.bullet.mail.sp1.yahoo.com with NNFMP; 02 Jan 2011 14:32:31 -0000 X-Yahoo-Newman-Id: 12111071-m115747 X-Sender: gmorlan@tampabay.rr.com X-Apparently-To: MetaTrader_Experts_and_Indicators@yahoogroups.com X-Received: (qmail 56237 invoked from network); 2 Jan 2011 14:32:07 -0000 X-Received: from unknown (66.196.94.107) by m15.grp.re1.yahoo.com with QMQP; 2 Jan 2011 14:32:07 -0000 X-Received: from unknown (HELO hrndva-omtalb.mail.rr.com) (71.74.56.122) by mta3.grp.re1.yahoo.com with SMTP; 2 Jan 2011 14:32:07 -0000 X-Authority-Analysis: v=1.1 cv=NFUeGz0loTdi/T6hXKngYYtckjed7x3pKvNOqmBBK18= c=1 sm=0 a=VOnF46kEED8A:10 a=nS+zSNEA4jtGT2g3su/Nkw==:17 a=qV0mfD4mAAAA:8 a=ayC55rCoAAAA:8 a=glCL4q5AAAAA:8 a=RGNkLmNzAAAA:20 a=4w9q55WaAAAA:8 a=CjxXgO3LAAAA:8 a=0ggKgcvGB2ddNlG3KeIA:9 a=0epzksHs6FM80bVKLS8A:7 a=GGJSMnsLEPIJWQJ9d-bhQpGzpuEA:4 a=QEXdDO2ut3YA:10 a=7HVm596uMK4A:10 a=ao4RW71Vw8YA:10 a=yMhMjlubAAAA:8 a=SSmOFEACAAAA:8 a=G_5s8neSAAAA:8 a=DkTbuIfwILjvIJKldv0A:9 a=uBjtCA5YreDfH0KTqZcA:7 a=8-GILoH4XiilJ1voiRtmAexToYQA:4 a=nS+zSNEA4jtGT2g3su/Nkw==:117 X-Cloudmark-Score: 0 X-Received: from [70.125.42.184] ([70.125.42.184:1037] helo=nunswen0cecy73) by hrndva-oedge04.mail.rr.com (envelope-from ) (ecelerity 2.2.3.46 r()) with ESMTP id 75/46-12606-56C802D4; Sun, 02 Jan 2011 14:32:07 +0000 To: References: <000601cbaa0a$8c2263d0$a4672b70$@rr.com> <96093.42565.qm@web19103.mail.hk2.yahoo.com> In-Reply-To: <96093.42565.qm@web19103.mail.hk2.yahoo.com> Message-ID: <000301cbaa89$d7619850$8624c8f0$@rr.com> X-Mailer: Microsoft Office Outlook 12.0 Thread-Index: AcuqOJ9wI2HCF7xoS/+mrldB+IKLBwAS9A/w Content-Language: en-us X-Originating-IP: 71.74.56.122 From: "Loren Morlan" X-Yahoo-Profile: lorenmorlan Sender: MetaTrader_Experts_and_Indicators@yahoogroups.com MIME-Version: 1.0 Mailing-List: list MetaTrader_Experts_and_Indicators@yahoogroups.com; contact MetaTrader_Experts_and_Indicators-owner@yahoogroups.com Delivered-To: mailing list MetaTrader_Experts_and_Indicators@yahoogroups.com List-Id: Precedence: bulk List-Unsubscribe: Date: Sun, 2 Jan 2011 09:32:10 -0500 Subject: RE: [MT_E and I] EUR/CHF, 1/1/11, WEEKLY, Multiple RSI divergences identify bottoming pattern and ultimate trend change Reply-To: MetaTrader_Experts_and_Indicators@yahoogroups.com X-Yahoo-Newman-Property: groups-email-ff-m Content-Type: multipart/alternative; boundary="----=_NextPart_000_0004_01CBAA5F.EE8B9050" X-Antivirus: AVG for E-mail 10.0.1191 [1435/3354] X-AVG-ID: ID10E5D6FC-2FC001E0 ------=_NextPart_000_0004_01CBAA5F.EE8B9050 Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: quoted-printable Hello Carlo, Thank you for your note. We disagree, it is possible to use the same meth= od for any equity, currency or commodity. Optimization of RSI or any osci= llator values is contra indicated. Each instrument changes over time and = values based on the historical record does not necessarily mean they will s= erve for future price action. I decline to =E2=80=9Coptimize=E2=80=9D RSI = or any oscillator value. The RSI method presented in my paper also uses sp= ecific different divergences along with RSI tracings below of above RSI lev= els 30 and 50.=20=20 =20 I do also use Fibonacci retracement and expansion studies along with price = patterns, which are objective. These were not applied to the chart exampl= e.=20=20 =20 No indicator is =E2=80=9Calways perfect all the time=E2=80=9D, however RSI(= 14) is consistently the better oscillator with respect to its mathematical = representation of price. I argue that when RSI and price trace the patter= ns and multiple divergences described in my chart example a bottom pattern = is identified.=20=20=20 =20 If you have some other method or indicators for identification of a bottomi= ng or topping patterns I would be interested, and request you post same. I= n the mean time I rely on the method and RSI tracings described.=20=20 Loren =20 =20 From: MetaTrader_Experts_and_Indicators@yahoogroups.com [mailto:MetaTrader_= Experts_and_Indicators@yahoogroups.com] On Behalf Of My email Sent: Saturday, January 01, 2011 11:51 PM To: MetaTrader_Experts_and_Indicators@yahoogroups.com Subject: Re: [MT_E and I] EUR/CHF, 1/1/11, WEEKLY, Multiple RSI divergences= identify bottoming pattern and ultimate trend change =20 =20=20 hi, Loren, It is not possible to use the same method over all different currency or st= ock. Each instrument have its own "character". RSI 14 is not always perfect all the time. You need some tools to help you to optimise the best RSI xx for specified s= tock or currency. Carlo --- 2011=E5=B9=B41=E6=9C=882=E6=97=A5 =E6=98=9F=E6=9C=9F=E6=97=A5=EF=BC=8CL= oren Morlan =E5=AF=AB=E9=81=93=EF=B9=95 =E5=AF=84=E4=BB=B6=E4=BA=BA: Loren Morlan =E4=B8=BB=E9=A1=8C: [MT_E and I] EUR/CHF, 1/1/11, WEEKLY, Multiple RSI dive= rgences identify bottoming pattern and ultimate trend change =E6=94=B6=E4=BB=B6=E4=BA=BA: metatrader_experts_and_indicators@yahoogroups.= com, Divergence@yahoogroups.com =E6=97=A5=E6=9C=9F: 2011=E5=B9=B41=E6=9C=882=E6=97=A5,=E6=98=9F=E6=9C=9F=E6= =97=A5,=E4=B8=8A=E5=8D=887:20 =20=20 How may trend changes be accurately identified using RSI(14) and different = type divergences? In the chart example attached price and RSI are tracing = a bottoming pattern which will soon introduce a trend change.=20=20 =20 RSI(14) in green traces values below 30 which is regarded as oversold . A = =E2=80=9CW=E2=80=9D RSI formation below 30 suggests price exhaustion. In t= his example RSI traced two valleys below 20 suggesting price is morbidly ov= ersold. Once an oversold condition is identified by RSI a classic positiv= e divergence is first traced by RSI and price (all divergences are circled = on chart). RSI traces a higher value than the value traced previously. Th= e next and second divergence which must be a reverse negative divergence wi= th an RSI value at or near 50 suggesting a strong move higher. This diverg= ence identifies the last leg down in the bottoming pattern and must form th= e bases for the 3rd classic positive divergence when RSI again retests the = 30 level. These different divergences must occur in this order with RSI va= lues between 30 and 50. =20 The exact opposite occurs at a top, with RSI 70 and 50 being the important = levels. RSI will trace the same sequence of different divergences and RSI= =E2=80=9CM=E2=80=9D pattern. RSI values that exceed 80 are grossly over = bought and have the same implications as those below 20.=20 =20 This chart example identifies the penultimate RND which alerts the analyst = to trend change upon the completion of the final CPD. RSI has not yet turn= ed upward, nor has a blue HA candle been traced.=20=20 =20 Loren =20 =20 =20 ------=_NextPart_000_0004_01CBAA5F.EE8B9050 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable  
=20=20=20=20=20=20 =20=20=20=20=20=20

Hello Carlo,

Thank you for your note.=C2=A0=C2=A0 We disagree, it is= possible to use the same method for any equity, currency or commodity.=C2= =A0 =C2=A0Optimization of RSI or any oscillator values is contra indicated.= =C2=A0 =C2=A0Each instrument changes over time and values based on the hist= orical record does not necessarily mean they will serve for future price ac= tion.=C2=A0 I decline to =E2=80=9Coptimize=E2=80=9D RSI or any oscillator v= alue.=C2=A0 The RSI method presented in my paper also uses specific differe= nt divergences along with RSI tracings below of above RSI levels 30 and 50.= =C2=A0

 

I do also use Fibonacci retracement and expansion studies along wi= th price patterns, which are objective.=C2=A0 =C2=A0These were not applied = to the chart example.=C2=A0

 

No indicator is =E2=80=9Calways perfect all t= he time=E2=80=9D, however RSI(14) is consistently the better oscillator wit= h respect to its mathematical representation of price.=C2=A0=C2=A0 I argue = that when RSI and price trace the patterns and multiple divergences describ= ed in my chart example a bottom pattern is identified.=C2=A0 =C2=A0<= /span>

 <= /o>

If you= have some other method or indicators for identification of a bottoming or = topping patterns I would be interested, and request you post same.=C2=A0 In= the mean time I rely on the method and RSI tracings described.=C2=A0

Loren

&= nbsp;

=  

From: MetaTrader_Exper= ts_and_Indicators@yahoogroups.com [mailto:MetaTrader_Experts_and_Indicators= @yahoogroups.com] On Behalf Of = My email
Sent: Satur= day, January 01, 2011 11:51 PM
To:<= /span> MetaTrader_Experts_and_Indicators@yahoogroups.com
Subject: Re: [MT_E and I] EUR/CHF, 1/1= /11, WEEKLY, Multiple RSI divergences identify bottoming pattern and ultima= te trend change

=  

 

hi, Loren,

= It is not possible to use the same method over all different currency or st= ock.
Each instrument have its own "character".
RSI 14 is no= t always perfect all the time.
You need some tools to help you to optimi= se the best RSI xx for specified stock or currency.

Carlo

--- 2011<= font face=3D"MS Mincho">=E5=B9=B41=E6=9C=882=E6=97=A5 =E6=98=9F=E6=9C=9F=E6=97=A5=EF=BC=8CLoren Morlan = <gmorlan@tampabay.rr.com> =E5=AF=AB=E9=81=93=EF=B9=95

<= span style=3D"font-size:12.0pt;">
=E5=AF=84=E4=BB=B6=E4= =BA=BA: Loren Morlan <gmorlan@tampabay.rr.com>
=E4= =B8=BB=E9=A1=8C: [MT_E and I] EUR/CHF, 1/1/11, WEEKLY, Multip= le RSI divergences identify bottoming pattern and ultimate trend change
= =E6=94=B6=E4=BB=B6=E4=BA=BA: metatrader_experts_and_indicato= rs@yahoogroups.com, Divergence@yahoogroups.com
= =E6=97=A5=E6=9C=9F: 2011=E5=B9=B41=E6=9C=882=E6=97=A5= ,=E6=98=9F=E6=9C=9F=E6=97=A5,=E4=B8=8A=E5=8D= =887:20

 

How may trend changes be accurately identifie= d using RSI(14) and different type divergences?  In the chart example = attached price and RSI are tracing a bottoming pattern which will soon intr= oduce a trend change. 

 

RSI(14) in= green traces values below 30 which is regarded as oversold .  A =E2= =80=9CW=E2=80=9D RSI formation below 30 suggests price exhaustion.  In= this example RSI traced two valleys below 20 suggesting price is morbidly = oversold.   Once an oversold condition is identified by RSI a cla= ssic positive divergence is first traced by RSI and price (all divergences = are circled on chart).  RSI traces a higher value than the value trace= d previously.  The next and second divergence which must be a reverse = negative divergence with an RSI value at or near 50 suggesting a strong mov= e higher.  This divergence identifies the last leg down in the bottomi= ng pattern and must form the bases for the 3rd classic positive = divergence when RSI again retests the 30 level.  These different diver= gences must occur in this order with RSI values between 30 and 50.

 

=

The exact opposite occurs at a top, with RSI 70= and 50 being the important levels.  RSI will trace the same sequence = of different divergences and  RSI =E2=80=9CM=E2=80=9D pattern. &n= bsp; RSI values that exceed 80 are grossly over bought and have the same im= plications as those below 20.

 

<= font size=3D"4" face=3D"Calibri">This cha= rt example identifies the penultimate RND which alerts the analyst to trend= change upon the completion of the final CPD.  RSI has not yet turned = upward, nor has a blue HA candle been traced. 

 

Loren

&nb= sp;

 


 

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