Forex Trading Course (Part 4)

because you didn’t wait for more confirmation. Below are a couple of tricks that you can make use of so that you have more confirmation that the divergence will work out inThis ain’t so much a trick as it is a rule. Just wait for a crossover of the momentum indicator.

forex would indicate a potential shift in momentum from buying to selling or vice versa. The main reasoning behind this is that you are waiting for top or bottom and these can’t be formed unless a crossover is made!

In the chart above, the pair showed lower highs while the stochastic already made higher highs.

trade Now that’s a bearish divergence there and it sure is tempting to short right away.ut, you know what they say good.

in patience is a virtue. It’d be better to wait for the stochastic to make a downward crossover as confirmation that the pair is indeed headed down.

A couple of candles later, the stochastic did make that crossover. Playing that bearish divergence would’ve been pip-tastic!

What’s the main point here? Just be patient! Don’t try to jump the gun because you don’t quite know when momentum will shift! If you aren’t patient,

ji bhai jan ap bht he acha kam kr rhy k is forum pe ap hm logo ko forex trading sikhany k lye posting kr rhy ho aur hm logo ki help kr rhy k hm log apna future secure kr sken

you might just get burned as one side keeps dominating!Wait for indicator to move out of overbought/oversold territoAnother trick would be to wait for momentum highs and low to hit overbought and oversold conditions,

.forex reapet The reason for doing this is similar to that of waiting for a crossy don’t have any idea when momentum will begin to shift.

You may think that it’s time to buy because the indicator is showing oversold conditions and divergence has formed.

ye ayk bohat acha forum hai aur jo loog forex ma new hoty hain un ke liye bohat acha hai , aur ap ke thread bhe bohat acha hai , mujko is ma seekhnay ke liye bohat kuch mila hai , aur ma is ko bohat ziyada like kerti hon , lakin jahan tak ap ke thread ke jawab ka taluq hai main abhi new hon muj ko sahi terha se pata nahi hai is lie ma sirf study ker rahi hon

Howe pressure may remain strong and price continues to fall and makeou would have been pretty bummed out as trend didn’t continue.

, a new downtrend is probably in place as the pair is now forming lower highs. And if you were stubborn, you might have missed out on this down move too.
e on your indicator.

If you had waited patiently for more confirmation that the divergence had formed, then you could have avoided in the international market,