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Old 12-24-2006, 06:49 PM
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Thruline Thruline is offline
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Quote:
Originally Posted by Craig
Nice video, how does divergence actually work though?

When I look for divergence signals on a chart the successful signals seem to coincide with major support and resistance levels, but also there are a lot of false signals (e.g. lower highs in the middle of massive uptrends).
Right on. You need lots of screen time to step in front of trends this way. Think in terms of confirmation. That could be a trend line break, waiting for a test that holds, support, etc.
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