SIMPLICITY OF DIVERGENCE Wisdom is simplifying complicated things while foolishness is complicating simple things. Sammy Forex TABLE OF CONTENTS DISCLAIMER INTRODUCTION TO DIVERGENCE WHAT IS DIVERGENCE T YPES OF DIVERGENCE HOW TO SPOT DIVERGENCES HOW TO TRADE DIVERGENCE (my type) WHEN TO TAKE YOUR PROFITS QUICK GUIDE ON YOUR TRADE SETUP WHAT TO DO THE MOMENT PRICE COMES BACK TO BREAK THE HORIZONTAL LINE MARKET MAKERS (BIG BANKS) AND THEIR OBJECTIVES THE 90-90-90 RULE FINAL WORDS (SUMMARY) © ALL RIGHTS RESERVED . No piece of this book may be reproduced or transmitted in any form or by any means, W hile all attempts have been made to verify the information provided in this book, neither the author nor the publisher assumes any responsibility for losses, inaccuracies or omissions. No claim by the author that the methods shown here will result in profit making and will not result in losses. The ideas here are not guaranteed to produce profits. Each trader is res...
WHAT TO DO THE MOMENT PRICE COMES BACK TO BREAK THE HORIZONTAL LINE I said something about selling and buying the moment price breaks your horizontal line after spotting a divergence right? And I also said I will tell you what to do the moment the next candle comes back to break the same line against your direction… its simple; just close trade because at that point you are wrong; remember you can easily be wrong just as being right. It is not an essay thing to do especially when it is a negative outcome; I have also been a victim countless times when trades that seemed to be going well in my direction turn against me in less than minutes. I know you will look helpless and confused after a massive profit turns negative but you don’t have to because it is normal when it comes to this business. But nevertheless, I will show you with few screenshots what happens when price comes back to break your drawn line but before then you just have to understand that the forex market is not st...