Divergence 2

In the previous article, we looked at the concept of divergence and the original concept as outlined by Charles Dow in his Dow Theory. We learned that the concept of divergence can be applied to any market and can be used as a relative comparison between two securities, such as the Dow Jones Industrials and the Dow Jones Transportation indexes. ...

2016-08-04 John Benjamin Read more
Trading_Price action

Divergence-based trading strategies are quite common and often used in tandem with trend following strategies. Perhaps one of the most commonly used technical indicator that comes to mind when using the concept of divergence in forex is the MACD, also known as the moving average convergence divergence. There are many other indicators that can be...

2016-07-27 John Benjamin Read more