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 ?
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 ?
