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Currency Futures

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  #1858 (permalink)

Trading Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: AMP/CQG
Favorite Futures: ES, NQ, YM
trendisyourfriend's Avatar
Posts: 3,853 since Oct 2009
Thanks: 3,428 given, 4,872 received

What you want to do is evaluating if one side is reverting the general tilt of the power at your area of interest. Most double top/bottom will present a divergence. In my opinion, a divergence alone is a low probability signal to gauge the force in presence.

monpere View Post
What do you see on this chart that might have helped you pull the trigger? I don't trade the 60 min, but the moment I looked at your chart, I knew what I was going to see on mine. I always look for divergence on double tops.

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