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Got an Email from Adim Sadak, attached is the link for the 26 Minute Divergence Method, thought it would be of Interest uses Stochastic RSI Oscillator. Worthwhile Video with entry, Exits & Stops.
Great video! I learned more watching this than I did at the FXCM Las Vegas Expo. The oscillator divergence entry is totally new to me and I like how the exit strategy works. Rides the trends and cuts losses shorter than a trailing stop.
Hi prasxz, seems the author using 1st degree flash's script to load another flash file, and flash catcher only catch the 1st flash (Div3Rev_controller.swf).
But thanks anyway.
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).
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.