Description
MACD-Histogram Divergences
A divergence is one of the most misunderstood and misused patterns in technical analysis. Many traders expect a divergence to reverse a trend, but that rarely happens. In reality, divergences work much better for a ‘reversion to the mean’ strategy.
Kerry shares his parameters for finding high-quality patterns, with better probable outcomes. He shows how to set targets and stops and how to recognize when a reversion to the mean has been completed. He illustrates the signs of those rare situations in which a trend change does occur.
All classes are followed by a Question & Answer period. The total length of a recording, including the Q&A, is slightly over an hour. All recordings include a PDF of the presentation.
