Two Roads Diverged: Trading Divergences by Dr Alexander Elder
Approx. 10,650 words.
Published on January 8, 2012.
A divergence is a disagreement between the patterns of indicators and prices. You’ll find bullish divergences near market bottoms and bearish divergences near market tops. This book will teach you the concept and guide you through several Reader Exercises. Learn to ride price trends and recognize upcoming reversals before they hit the crowd.
Dr. Alexander Elder is a professional trader.