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Comtrade2 wrote:
>Some of you asked what are type2 divergences, these are trend following
>divergences, example, let us say the price valleys are rising to higher lows
>and the oscillators valleys are making new lower lows, as soon as the %k
>turnsaround to crossover the %D you got a trend confirmation divergence.
>Some
>traders call it sling shot trading.
Dear Comtrade,
Where is this "sling shot trading" technique discussed? Is it from a book
you read or is it from the software you're using (I think you're using
Diverengine, right)? I've never heard the term before.
Gila
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