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Trading with the Trendlines - The Power of Divergence: Trading Strategy. Forex, Stocks, Futures, Commodity, CFD, ETF.
Exploit the reversal of a market.
“Trading with the Trendlines – The Power of Divergence” by David Carli
“The Power of Divergence” is the second volume of the series “Trading with the Trendlines.” The book explains a strategy that is applicable in every market (forex, equities, commodity...), and which is a combination of divergence, trendlines and a bit of Fibonacci; it is a simple strategy that seeks to exploit the reversal of a market.
What you will read in the book is the correct way to use divergences, in particular, the one between the price and Commodity Channel Index (CCI). Every aspect is well explained, including proper position sizing, through many examples.
Identifying the target profit and stop-loss of this strategy is both easy and clear. Not only this. Depending on your account, I will also explain to you the correct position sizing, to enable you to have proper money management.
If you are a beginner, do not worry; the first two chapters will provide you with adequate knowledge for understanding the strategy and using it correctly.
Do not be tricked by the fact that “Trading with the Trendlines – The Power of Divergence” is widely distributed at printing price. The strategy, if you use it correctly and with the appropriate money management for your account, will give you a high percentage of profitable trades.
However, combining this strategy with fundamental analysis is recommended, as is opening a position only if both give the same signal.
“Trading with the Trendlines – The Power of Divergence” by David Carli
“The Power of Divergence” is the second volume of the series “Trading with the Trendlines.” The book explains a strategy that is applicable in every market (forex, equities, commodity...), and which is a combination of divergence, trendlines and a bit of Fibonacci; it is a simple strategy that seeks to exploit the reversal of a market.
What you will read in the book is the correct way to use divergences, in particular, the one between the price and Commodity Channel Index (CCI). Every aspect is well explained, including proper position sizing, through many examples.
Identifying the target profit and stop-loss of this strategy is both easy and clear. Not only this. Depending on your account, I will also explain to you the correct position sizing, to enable you to have proper money management.
If you are a beginner, do not worry; the first two chapters will provide you with adequate knowledge for understanding the strategy and using it correctly.
Do not be tricked by the fact that “Trading with the Trendlines – The Power of Divergence” is widely distributed at printing price. The strategy, if you use it correctly and with the appropriate money management for your account, will give you a high percentage of profitable trades.
However, combining this strategy with fundamental analysis is recommended, as is opening a position only if both give the same signal.
75 pages, Kindle Edition
Published May 7, 2020
28 people are currently reading
31 people want to read
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Displaying 1 - 5 of 5 reviews
September 8, 2020
Divergence! Trading
Short concise and valuable, hits the mark of explaining the use, and strategy incorporation into a trading style, that can benefit from adding divergence to his/her trades.
Short concise and valuable, hits the mark of explaining the use, and strategy incorporation into a trading style, that can benefit from adding divergence to his/her trades.
October 18, 2021
Easily to read
I like the way the book has been written, commodity channel index, indicator is explained in awesome way by using rules for novice.Every novice trader should read this book before starting the journey in trading world
I like the way the book has been written, commodity channel index, indicator is explained in awesome way by using rules for novice.Every novice trader should read this book before starting the journey in trading world
May 31, 2022
Great info for a new by trader
I am just starting and this info gave me a great deal of concepts to follow up with. I am sure that I will be Rereading this book many times as the info/concepts soak in!
I am just starting and this info gave me a great deal of concepts to follow up with. I am sure that I will be Rereading this book many times as the info/concepts soak in!
February 4, 2025
Thorough!
I appreciated the helpfull plain and thourgh explanation relative to "" Risk Management. ". The explanation was plain and informative. The respect presented in this E-book was well written...
I appreciated the helpfull plain and thourgh explanation relative to "" Risk Management. ". The explanation was plain and informative. The respect presented in this E-book was well written...
March 21, 2021
Easy to read
Simple to understand concepts and not overly long. It was a nice quick read to supplement your usual trading strategies.
Simple to understand concepts and not overly long. It was a nice quick read to supplement your usual trading strategies.
Displaying 1 - 5 of 5 reviews