www.nebadawn.com Divergence Explained
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10:08
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Thank you Andy for the great analogy between MACD divergence and walking the dog on a leash. I find divergence to be a great way to trade since it gives you a warning that the price will either change direction or shift gears before it heads back into its original direction . I've learned to trade divergences by using MACD,a cross of the 50 level on RSI,trendline breaks,and the break of a resistance or a support. It's a very effective way to trade.Thank you for posting this! Best wishes, Algis
algismorales 2 years ago
Hi May I ask the red line on the chart what indicator is that? Is that EMA? what's the value for the EMA(red line) and the SMA(Green line) on the chart
rayn84 2 years ago
thanks!
rickrolled2 3 years ago
Andy, your dog leash explanation made it "click" for me finally! I'm looking forward to your next video(s). This noob needs them!
FlyLadyFan 4 years ago