I wanted to talk to you about forex divergence and how you can trade with it. A lot of people want to get in this market, but there is so many little things they have to get down and divergence is one of them. If you can’t profit with this, than you can’t profit at all.
- You need to identify indicators along the chart patterns, trends, resistance and support.
- The misconception is that these indicators can predict future price.
- Indicators are calculated based on price movement, so they’re not following future price.
- When the price for something booms, you’ll find that the indicator booms too – and vice versa.
A lot of people simple don’t have the know how to understand forex divergence and it is sort of sad.
