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sharpshorts

05/14/19 3:34 PM

#705 RE: sharpshorts #704

Another example of using divergence for trading.
These are what I consider Mid-Term time frame charts (180 tick per bar).

Imagine using the clues on the left hand one for your entry on one contract.
The right hand one shows 2 minutes later when you decided to take your 16 tick profit for $80.

Although all divergence plays don't work as well as this, they do happen many times every day.
If you manage your losses well, you can end each day with good earnings.
If you're hoping to become a bizillionair doing this, you'll have to increase the number of contracts you trade.