Divergence

A Powerful Momentum Oscillator The stochastics indicator is a momentum oscillator which measures the strength of price moves, similar to the RSI indicator. However, the stochastics also has a structural reference which basically means the…

Day trading is a game of probabilities. A trade setup that has a higher probability is no doubt preferred. There are immense benefits to objectively analyze your technical setups. For one, your risks are limited and give you a very clear…

Making Decisions With Indicators Of the vast array of technical indicators available there a few classic indicators that form the bedrock of many profitable trading strategies and can be used successfully by retail traders to make informed…

Trading with chart patterns can be one of the simplest ways to find highly profitable trade setups. Despite the ease of trading with chart patterns, there is quite some subjectivity involved which can be a put off for newcomers. While…

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…

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…