graemenash
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Candlestick patters are a good method although you need to be sure that the divergence is occurring at a good s/r level otherwise it may be a false signal.
Another way to play it is to trade a break of the lowest point in between the two peaks of the divergence (or highest point in between the troughs if it's a bullish setup).
Another way to play it is to trade a break of the lowest point in between the two peaks of the divergence (or highest point in between the troughs if it's a bullish setup).
Dentalfloss
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graemenash.please give us an example of break of lowest peak
graemenash
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try this...
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rathcoole_exile
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graeme, a beaut example, a man after my own heart.
"but what about all the "lost" pips from the reversal at high to the entry point that you missed ???"
I hear the newbies cry.
what about them ?? I say .....
and therein lies the secret to successful training that will fall on so many deaf ears .....
"but what about all the "lost" pips from the reversal at high to the entry point that you missed ???"
I hear the newbies cry.
what about them ?? I say .....
and therein lies the secret to successful training that will fall on so many deaf ears .....
Dentalfloss
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ok.so it is trade at the break of the neckline.after a divergence is seen.thanks
