Two Roads Diverged: Trading Divergences

Two Roads Diverged: Trading Divergences will teach you to use indicators for measuring the internal power of trends. When they confirm an uptrend, they tell you it’s OK to hold or add to long positions. At other times they signal that the trend is suspect: it is better to exit, take profits, and even consider switching from long to short or vice versa.

Contents:

• How to Work with This Book
• Free Updates & the Honor Code Review of Tools
• A Bullish Divergence: A Basic Definition
• What is NOT a Bullish Divergence
• A Bearish Divergence: A Basic Definition
• What is NOT a Bearish Divergence
• Reader Exercises
• Entries, Stops, and Profit Targets
• Additional Points on Divergences
• Divergences in Other Indicators
• Divergences in Multiple Timeframes
• Scanning for Divergences
• The Next Step: MACD Semi-Automatic

Two Roads Diverged: Trading Divergences By Alexander Elder pdf