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Thread: Divergence

  1. #1
    Junior Member
    Join Date
    Jul 2013
    Posts
    2

    Divergence

    Hello every1

    I am a newbie here, and this is my first post. I originally come from the US but currently I am stationed in Europe. I got interested in Forex one month ago. Read some free books and got familiar with trading strategies and indicators.

    I posted the thread to ask you guys about divergence. in the picture you will see a possible hidden divergence. But I am not sure if this is a real hidden divergence, since two consecutive tops are not connected but as you can see I skipped a couple of them and connected the most recent highest tops I noticed.

    Is this a correct way to do it, or do I concentrate on connecting the consecutive tops and bottoms when looking for hidden div?

    Appreciate any feedback

    hfaruk10
    Attached Thumbnails Attached Thumbnails Divergence-untitled.jpg   Divergence-untitled-2-.jpg  

  2. #2
    Senior Member
    Join Date
    Nov 2011
    Posts
    161
    Hi hfaruk10,

    Here are some examples using macd divergence, with a trendline that has three touches.

    I hope this helps.
    Last edited by jtrader; 11-14-2013 at 02:24 PM.

  3. #3
    Junior Member
    Join Date
    Jul 2013
    Posts
    2
    Thanks jtrader. It was very helpful and interesting.

  4. #4
    Junior Member
    Join Date
    Aug 2015
    Posts
    13
    Hi, I also use macd indicator in my trading. And there are many other useful indicators on FF web-site. Also they provide free and paid advisers there.

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