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Old 03-29-2007, 12:01 AM
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Re: Trading the Twiggs Divergence

Walter - thanks for sharing, interesting charts!

Are you exclusively trading this setup or using this in addition to your other trading?

Just an FYI for any newbies to divergences - as Walter has illustrated here, be sure to have some sort of filtering system before trading divergences. This is coming from experience... I attached a screenshot where I highlighted all possible divergences on the indicator looking purely at divergences. As you can see, there are many trades, most of which failed. I simply wanted to provide a little real world experience and hopefully save some trader(s) a few bucks before jumping into divergences! The books make them look so easy! :mad:
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