Tuesday, November 4, 2014

Divergent Opportunities for November 4, 2014

Here are a couple 240 minute charts that may be worth watching for a couple days as there is CCI Divergence appearing.

I like to be aware of divergences between the price and indicator as it often indicates a change in direction.  Not always does direction change but price action will point out suitable entries.

For me, CCI Divergence is most useful as it is easy to spot, the indicator is made up of only one line on the chart, everything is simple.

These charts are but a small portion of the divergences I have seen in the past few minutes, I may scan my charts daily to see what opportunities I can post.

These charts are 240 minute, perhaps the Daily charts would be more useful considering the time that it takes to do the research and build the post.

Today I have posted  three current examples, however, more would be better..! and the post length will be much longer tomorrow,

Should you have any preferences regarding the time frame, please let me know and I will accomodate your request.

Good Trading!!

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