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Back to Episodes#519: Divergence Trading in the Forex Market
Description
Divergence Trading in the Forex Market
Podcast:
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#519: Divergence Trading in the Forex Market
In this video:
00:29 – Divergence. What is it and how do we use it?
00:55 – Continuations and Reversals
02:02 – Trading with both patterns
02:33 – New trades or Early exits
03:39 – Book a call with myself and my team
03:53 – Blueberry Markets
I’m going to talk today about trading divergence in the Forex market. It’s a very powerful tool that can help you to identify continuation patterns and reversal patterns. So let’s get into that and more. Right now.
Hey there, Forex Traders! This is Andrew Mitchem here at the Forex Trading Coach, For a video and podcast number 519.
Divergence. What is it and how do we use it?
So today I want to talk about divergence is a very powerful tool that can help you to identify both reversal patterns and continuation patterns.
And divergence occurs when you use an indicator such as like the RSI or my case, the stochastic indicator, and it occurs when the price moves away from the direction that the indicators suggest the price should be