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Trading Divergence

hi , i am one of the fans of divergent , i am searching on it in all time frames on all currancies , could u help me on that and give me a tool (in details ) 2 catch such a thing . , i will be very appreciated
thank u .
ahmed








Quoting james16
LOL, well im glad someone thinks im doing something right
because the crazy price action lately has been tough at least for me. i lost 915 today, worst hit ive taken in a while. just participating in this forum has helped my trading immensly. for example this divergence thing. i do it my own way but the bottom line is this. ITS NOT ABOUT HOW MUCH YOU CAN TRADE. you could watch 6 pairs on a daily chart and catch one good divergence/price action trade and you will have your much talked about and coveted 15 pips a day for a month in one trade. the next thing up in the PF is how to combine how i use divergence with price action. dont anyone go crazy that im pushing the PF, i might mention it once a month at most on the public side. i saw the thread and could not resist. remember im addicted to this forum, have been for over a year.
Hi All,

Thankyou all for responding to my comments. But what indictors can I use on the 1, 5min charts for quick scalps.

thanks,
traderandreas
For quick scalps, i think the answer to your question would be to trade divergence on the 5 minute chart using RSi, i find the Rsi charts work well for scalping ( 5 min ) on cable. I much prefer using divergence on the 4 hr charts, this is where the pips are to be made.
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  • Last Post: May 15, 2006 12:15am May 15, 2006 12:15am
Quoting Matrix
For quick scalps, i think the answer to your question would be to trade divergence on the 5 minute chart using RSi, i find the Rsi charts work well for scalping ( 5 min ) on cable. I much prefer using divergence on the 4 hr charts, this is where the pips are to be made.
Ditto, Amen, and all that agreement sort of stuff>.
Nolite dormiens pungere ursum. -- Latan Proverb.
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