Divergence

thread: Divergence

  1. #1

    Divergence

    Anybody have much success trading divergence.

    Daily about the USDCAD and the tendency lind is poorer.

  2. #2
    Junior Member eme.g's Avatar
    4
    I do not think you are supposed to trade divergences and simply go contrary price. To me the point of divergences would be to signal that the current move will not last much longer and that I should be seeking to reverse my place. I wait for price to confim then enter.
    I know, that's what I'm saying. It all started with tiki_trader with a trade on gbp usd following the price had dropped over 100 pips in 2 hours. He had a bullish divergence that he traded. I think that's dangerous.

  3. #3
    thanks. My goal is to explore this topic so I can take advantage of the opportunites, and find a good understanding it gives.

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