Traders Laboratory - View Single Post - S3 to R3: Two important pivots
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Old 12-31-2006, 12:30 AM
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Re: S3 to R3: Two important pivots

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Isn't a divergence simple?

Isn't anything you use an indicator? Maybe not a traditional indicator.

Divergence simple? Can you elaborate on that. I dont use any indicators to trade off like looking for price and indicator divergence, MACD crosses, etc...

I use market internals but I like to consider them more of a tool than an indicator. They just help me decide whether to short, long, or stay flat. All my trades are done at S&R levels using price and tape.

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