Quote:
|
Originally Posted by droesparky
fxbet would you share your rules that you have used with divergence trading, what timeframe works best for you. what do you use for a exit?
|
Hi
for the euro i use the 15 min and 30
because i think gives better set ups
as for the GBP even the 5 gives good set ups but even if i have a good set up it might go against me more than i would like
i also look for the waves of divergence to have some good distance between them
for example in a trend price will stall at some point and go back for a bit given you a divergence between prices and indicators BUT it will just go on in the direction of the trend put
i have attached a pic of the euro to see what i mean what i mean
taken today