Hi traders,
Vladimir Ribakov is here from Traders Academy Club
https://www.tradersacademyclub.com/
In this video, I would like to share with you my No.1 ranked divergence trading, using my favorite MACD indicator and price action combination, and to do so, I present a trade we've discussed in real-time in Traders Academy Club, sell Nasdaq trade.
You can enjoy all our real-time trading ideas here -
https://www.tradersacademyclub.com/
Ok, let's talk trading.
So, does divergence work at all?
https://www.youtube.com/watch?v=91XeRcDuovY&t=54s
YES! 100% yes, but the truth is, it comes with experience (like anything else in life, right?). The divergence could be found on many different indicators, but the truth is, indicators are there just to indicate -
https://www.youtube.com/watch?v=m5CTiZ5hWOg
The divergence works best when it's combined with price action -
https://www.youtube.com/watch?v=SZ04t4QjwzE&t=6s
And when it appears on a good rejection level. It could be significant support or resistance levels -
Watch these videos to learn more on the subject -
https://www.youtube.com/watch?v=O4bPJwxr-5M&t=1s
My favorite way to use a divergence is in a multi time frame -
https://www.youtube.com/watch?v=Qm9dSUX2XM8&t=2s
https://www.youtube.com/watch?v=mW0UB_bxIpY&t=1s
And using the MACD indicator on important trading levels -
Watch these videos to learn more on the subject -
https://www.youtube.com/watch?v=JPdQQn-nsGk
https://www.youtube.com/watch?v=wDxX7KEzEjY&t=15s
https://www.youtube.com/watch?v=42hkc-H3SQc&t=509s
Once you find a divergence on an important level, make sure you follow on a lower time frame for reversal signs. If you want to learn more about reversal, I suggest you the next videos -
https://www.youtube.com/watch?v=FCl8iDqpkm0&t=213s
https://www.youtube.com/watch?v=NWqLY4mjhig&t=2s
After that, it's important to follow up with the price and ride your trade as long as there are no signs against you.
https://www.youtube.com/watch?v=qImZncqAmmQ&t=3s
To summarize the steps of my trading strategy using the divergence in my trading -
1- Find important levels on the chart
2- Multi time frame divergence - ideally on the MACD moving averages
3- Looking for reversal signs on a lower time frame
4- Ride the trade as long as there are no signs against me.
#divergence #divergencestrategy #macdstrategy
That's it!
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I would like to thank you for your time and I hope you found value in our video!
To your success,
Vladimir Ribakov,
Internationally Certified Financial Technician
