I have started the Sunday Sessions again and want to go back and use these videos for referencing and staying persistent. NAS100 Summary - Waiting for market open - Break out the box will confirm our short term bias - Retest at the different significant areas will give us long term demand - Smaller and more trades are the aim with this week and how we move till...
What is Divergence? Divergence indicates to us that a trend is losing momentum and could be ready for a reversal or a deeper correction soon. When we see divergence, we should stop trading in the direction of the trend and look for countertrend trades. How to identify Divergence? When price is making higher highs, MACD (or RSI) will show lower highs =...