Trading Divergence > Rsi & Macd default setting. 100 / 200 pips movement Profit.
Can trade with any currency . Use 4, 1 hr & /30 min Time farme.
Just choice currency with lower spread. Click and change the currency one by one until u find divergence on rsi or macd… If you don’t know how to trade divergence ,then you need to read divergence trading at baby pips School section. When look a Divergence on this Indicator , Then you will be ready to making a huge profit .
tell me how profitable it has been with you
Trading Divergence , firstly you must know how to read the wave divergence. This is very simple strategy where you can make huge profit. If you analysis carefully divergence on Rsi and macd setting in you chart .
if 4 hour chart have divergence on rsi ,macd or both rsi &macd showed divergence . You can profit 100 pips , 200 or up to 500 pips on the single trade setup. What u need to do next to look for 1 hr time frame & 15 . Read how to use chart /time frame by Jimmy Young and master it then you can combine with trading divergence. ( small movement of trade in same direction for bigger movement ). the entry &exit on 5 min time frame. The most importent thing you need to do , to adjust you stop loss following the trade movement. You need to spend more time to proceed with Charting analysis & time frame if you want to win the trade or if you lost that mean , you never analysis the movement of the trade carefully. For the swing 500 pip setup , you need to spend 1 hour analysis of the charting… what will you going to lose because trading divergence really in good manner can make you huge profit. Just proceed with the analysis carefully, take you time , rtelaxing and why so hurry to do something. Just imaigine if you have $10000 a/c . how much you will earn profit if you proceed with a excellent trade setup.
Trading DIVERGENCE can be very profitable. But you have to know where it is.
You also need a reliable entry trigger.
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quick questions… when comparing the highs/lows on the currency price…should i compare from where the price has been(the wick of the candle) or where the price opened/closed???*thank you
I use CLOSE because the values of the lower indicators is based on CLOSE.
Some people use highs/lows but I don’t think that’s accurate.
Can you pls show some examples of trades here for a clearer understandng of this thread
Thank you.
Use multi indicator for divergence cci, rsi , macd & stoch . Not only depend on single indicator , because you can’t find easily the divergence occur on the single indicator. Normally i will combine all the indicator to see have a divergence or not , to set for reversal trade . You can use bolinger band to look for candle & if on the upper band , refer to the indicator have a divergence or not for reversal trade.
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