A study on regular divergence and how profitable it can be. Again I use the RSI and Stochastic RSI (Other oscillators are also good as long as you can identify HIDDEN or REGULAR divergences).
Here on the 1hr it was a tell tale signal that the markets would pull back. This is a simple but powerful tool that you should practice to become proficient
at it. Once you have become good at finding divergences then you must TRUST your analysis (sometimes harder said then done) but with practice (paper trade divergences if you are new to them) you can rely on them to give you that edge. By trading divergences ALONE (+ an oscillator signal) you can have a
great and profitable system. Combine this with a 1% risk stop loss and you are off to the races.
Notice here that the 1hr had divergences in a slightly ASCENDING bearish channel (not shown) this divergence did not show up on the 4hr time frame
therefore we must use all the tools we have at our disposal to search for divergences and then wait for our signal confirmation to take the trade.
Good luck in your DIVERGENCE trading.
Here on the 1hr it was a tell tale signal that the markets would pull back. This is a simple but powerful tool that you should practice to become proficient
at it. Once you have become good at finding divergences then you must TRUST your analysis (sometimes harder said then done) but with practice (paper trade divergences if you are new to them) you can rely on them to give you that edge. By trading divergences ALONE (+ an oscillator signal) you can have a
great and profitable system. Combine this with a 1% risk stop loss and you are off to the races.
Notice here that the 1hr had divergences in a slightly ASCENDING bearish channel (not shown) this divergence did not show up on the 4hr time frame
therefore we must use all the tools we have at our disposal to search for divergences and then wait for our signal confirmation to take the trade.
Good luck in your DIVERGENCE trading.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
