Ah........... see, that is the interesting part about divergences. There are many divergences that I pass on because the price action does not tell me to Just Go. Of course, in the example that Breakout gave which was a 2T or 2B, this IS price action telling one to Just Go, but it still leads to some interesting discussion (and hence, the reason I started this thread) because even on a 2B/2T, entry may come at a different point from different traders. Now, I do not want to get too focused on entry in this thread. I'd rather focus on what traders do to decide to enter after seeing a divergence from their indicators because like I mentioned before, there are many divergences that I do not take, or have to wait a while to take and this seems to be the tricky part of divergence trading. I'll post an example and, perhaps we can discuss when fellow divergence traders EXIT a trade as well. Is it based on the same timframe entered in ? and based on a divergence opposite the direction entered ?
When combined with reliable intraday cycle timing method divergence at 10:00 is the one to enter. You can see that size of a swings is getting smaller after that, so is chance for a profitable trade When trading divergences you cannot wait for a confirmation too long, than it is too late. That is why you must have a timing method which will tell you in advance which divergence to take. Walter
No. If you are referring to classes likes categories, I'd sure like to read your synopsis. If you mean classes like seminars, I'm afraid I am still on summer vacation.