FOREX THEORY
Summary: Divergences
Divergences don’t appear that often, but when they do
appear, it’d behoove you to pay attention.
Regular divergences can help you collect a big chunk of
profit because you’re able to get in right when the trend changes.
Hidden divergences can help you ride a trade longer
resulting in bigger-than-expected profits by keeping you on the correct side of
a trend.
The trick is to train your eye to spot divergences when they
appear AND choose the proper divergences to trade.
Just because you see a divergence, it doesn’t necessarily
mean you should automatically jump in with a position. Cherry pick your setups
and you’ll do well.
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