How NOT to Get in Too Early Trading Divergences You may have your finger on the button ready to place a trade the moment that you believe you see a trading divergence appear on your screen. While it may be tempting to want to pull the trigger as soon as you believe a divergence…
Let me state from the outset that the forex market is one of limits. It’s a fickle market more prone to intra-day reversals than breakouts and sustained moves. This is why I look at the forex market as trading in episodes rather than trends. What is an episode?What I mean by an episode is…
How to Trade Divergences Knowing what divergences are and knowing how to trade them profitably are two different things. You should put forth your best effort to trade divergences in a way that will be fruitful and profitable for yourself whenever possible. How to Trade Regular Divergences As you can see…
The 2 Types of Hidden Divergence in Trading It seems pretty reasonable to think about regular divergences as something to look out for in the Forex market, but what is the deal with hidden divergences? Trend Continuation One of the things that you will notice about hidden divergences is that they are often…
Bitcoin which has been moving downward for a while now has managed to break above its previous resistance level of $67,303.98 and has been showing signs of a potential rally ever since. At the time of writing, the price of BTC is up by 0.04%, and it is currently trading at around $67,303.98. BTC’s price…