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Permalink Reply by Abie Mokobane on May 29, 2012 at 11:13pm

Hi Sadar

I like combining break out trades with divergence,otherwise I used to get a lot of fake breakouts.

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Permalink Reply by Sardar Uddin on May 29, 2012 at 11:18pm

Thanks for Comment Abie!!

I like to keep analysis as price action based as possible but surely you can use indicators to verify break out or any trend such as divergence or oversold/ overbought cases. Further these analyses are for few hours and I am not sure if divergence can last that long unless in longer timeframes (1H above).

I will keep you comment in mind and try to incorporate it .

Thanks

Sardar

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