Discuss What is "Failure Swing" and "Classic divergence" at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Negative divergence is when the indicator goes down and the price is going up and ...
Negative divergence is when the indicator goes down and the price is going up and Positive divergence vice-versa. Where does classic divergence come in.
I think Failure swing also has something to do with divergence. Even if not, what is it?
Last edited by sh50; 31st January 2005 at 08:08 PM.
Re: What is "Failure Swing" and "Classic divergence"
Classic divergence
Eg Stochastic-There are two types of crossovers-Right hand and left hand crossovers
A right hand cross over with more visible troughs and peaks can be classified as a classical divergence.
Failure swing has its origin in dow theory.It happens when the current peak or low is below the previous high or vice versa for a low.ie is u can see a deterioration in progress.The whole momentum concept is base on failure swings.
I will try to post some charts to clarify this later
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5th October 2004, 08:48 PM
What is "Failure Swing" and "Classic divergence"
