AsianWealth.com No-Brainer Forex Tutorial: How to do Divergence Trading? (HQ)
September 7, 2010 by admin
Filed under Fx Forex Trading Courses
www.asianwealth.com. Here’s a spin-off on the “Money is Plentiful” forex trading method by James Lampert. Divergence trading if properly applied, can enable you to capture huge profits from major reversals in price action. In this video we used the RSI 14, and CCI 14 indicators. We also reviewed a recent occurence of this method, which took place on the 1 July on the EUR which was good for 250 pips+. Because I started the trade much earlier, I was able to take in about 650 pips on my own account. Watch this video thoroughly, and I hope you get in on the action on this impending trade. Move your stops and take profit levels according to key resistance levels, like X.XX25, X.XX50, X.XX75 and X.XX00. Good trading! Julian the Professional Bum www.asianwealth.com http
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TRIPLE TOP! WOOHOO! Refer to third video in this series..
it finally broke this morning and I got in just in time. I should be able to get some more profits from this move- thanks for replying.
@arashi1971 Know what you mean… Have a look at my video response. It’ll make things a bit clearer.
Hi folks! I just posted a video response to this. Check it out! I did some further studies via trend line and Trend Forex 2.0 system. Do check it out!
Thanks for sharing, have a great day Julian
I am following the EUR/JPY but the reversal is taking forever to take place from buy to sell looking at the Daily chart. It’s giving me a headache.
Latest Update: Reversal hasn’t started.. Set Entry Point at 2 key levels down.
SELL 1.2854.
SL 1.2956
TP 1.2727
Latest Update: Reversal hasn’t started.. Set Entry Point at 2 key levels down.
SELL 1.2828.
SL 1.2928
TP 1.2702