Disliked{quote} Just my 2 cents. Divergences and closes over / under the MA can happen anytime in any chart. You need to have more behind a trade. Understanding of price action and of support and resistance. Don't trade only divergences and closes over / under MAs. Look back and I'm sure you will find divergences that failed. Price doesn't move because there is a divergence. Price moves because there is an imbalance in the supply / demand report. The divergences show loss of momentum which may indicate the beginning of this sort of imbalance. Dee mentioned...Ignored
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nescentia necat
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nescentia necat
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Cut your Losers short and let your Winners run.
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Cut your Losers short and let your Winners run.
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- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
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nescentia necat
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nescentia necat
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nescentia necat
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nescentia necat
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nescentia necat
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nescentia necat