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Trading Strategy Required to Complete Silver III

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Trading Strategy Required to Complete Silver III

I like to trade divergences.  This involves checking to make sure the price action disagrees with the MACD or RSI.  This isn't enough to give a good chance at winning a trade, so it is necessary to look for confirming indications.  This can be making sure the trade agrees with the larger trend (i.e. if trading the 4 hour chart, look at trend on daily or weekly).  Or look for candlestick pattern reversals. 

4 hour charts work best for me, but this strategy can be used on any time frame.

Mon, 11/19/2018 - 7:39am