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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (7544)1/4/1998 11:48:00 PM
From: Big Sky  Read Replies (1) | Respond to of 12039
 
"Don't trade off divergence". Thank you for your comments.

Please explain.....Divergence is a key concept used with many momentum indicators according to the TA books I've read. How do you use divergence?

By the time the trend reversal is confirmed by a MA crossover or the like, aren't you giving up too much of the gain to make the trade worthwhile?