MAGIC FOREX DIVERGENCE - Another Great Trading Guide
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MAGIC FOREX DIVERGENCE - Another Great Trading Guide
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Torrent File Content (1 file)
MagicForexDivergence.pdf -
373.62 KB
Description
Table Of Contents
Chapter I: Divergence and market psychology
I.1. Trend strength__________________________________________________________________3
Our goal is to find the point where the trend is so weak that it is probably going to reverse.
I.2. What is a divergence?____________________________________________________________4
How to find the pattern that results in trend reversal.
I.3. Indicator soup___________________________________________________________________5
It doesn't matter what indicator is your best friend.
Chapter II: The “Holy Grail†strategy
II.1. Chart set-up____________________________________________________________________6
Set up your chart.
II.2. Catch the massive move__________________________________________________________7
One simple exit approach is shown in the next examples.
II.3. Examples______________________________________________________________________8
The following charts are created with Divergence Pattern Recognizer. Divergence can be used on any time-frame, any
currency pair, stock or commodity.
Chapter III: Smart approach
__________________________________________________________________________________12
Divergence patterns can lead to consolidation, correction, or full trend reversal. With a solid strategy, you can make a quick
profit on the small correction, or minor trend reversal.
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