Tuesday, May 21, 2019 6:18:19 AM
Divergence is not the panacea of indicator signals.
It can and does fail...
Chart A shows a trade taken with divergence and some other rationals to consider
Chart B shows the results of that trade -- a loss
Chart C shows a 2nd trade with other rationals -- a gain
Always use STOPs and TARGETS ... IDEALLY with a 3 to 1 win/loss ratio
It can and does fail...
Chart A shows a trade taken with divergence and some other rationals to consider
Chart B shows the results of that trade -- a loss
Chart C shows a 2nd trade with other rationals -- a gain
Always use STOPs and TARGETS ... IDEALLY with a 3 to 1 win/loss ratio
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
