10 Sep 2010 
Support Center » Knowledgebase » 60MT - 60MinuteTrader.com » 60MT - DIVERGENCE - HOW TO USE?
 60MT - DIVERGENCE - HOW TO USE?
Solution
Divergences are usually good for 15 to 20 points.
 
If the lines CONVERGE (come together) on a double bottom then it is a BUY.
 
If the lines DIVERGE (growing apart) on a double top then it is a SELL..
 
To learn about trading divergences take the free live demo at http://www.tradersinternational.com or do a search on Google.

It is not our system but we show you indicators that work for free instead of paying up to $5000.
Basically you look for a divergence between higher highs or lower lows of the market and an indicator as below.

Todays first RSI divergence



Article Details
Article ID: 24
Created On: 08 Nov 2005 07:04 AM

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