Divergence Trading with Moving Averages

I have been trading with divergence on 4-H or Daily Timeframe (TF) using SMA as my target and RSI as my indicator and the win-rate is 95%. From experience, I have learnt that patience is a virtue which gives proper confirmation to avoid fake-out. I use proper management to protect money in the bank. I don’t risk of opening too many positions eventhough if divergence occurs. I take spread into consideration as well and calculated profit before entering a trade. This strategy of mine has helped me to gain more pips. Does anyone have diffulty in trading with divergence? Share your exprience with divergence trading. My current trading is USDCAD Daily TF which was openned at 1.21517 on 12th September, 2017 and my target is 1.29975 with stop loss at 1.26858. Share!!!

Surely you mean confluence?

1 Like