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BK001 Two Roads Diverged: Trading Divergences
Dr Alexander Elder (Author)

What you see on the surface is often deceptive in trading, as well as in life.  A trend may appear strong, while below the surface it may be weak and ready to reverse.

This book will teach you to use indicators for measuring the internal power of trends.  When they confirm an uptrend, they tell you its OK to hold or add to long positions.  At other times they signal that the trend is suspect: it is better to exit, take profits, and even consider switching from long to short or vice versa.

A divergence is a disagreement between the patterns of indicators and prices.  Youll find bullish divergences near market bottoms and bearish divergences near market tops.  Some traders use these important terms loosely this book will make them very clear by guiding you through several Reader Exercises.  It will show you how to ride price trends with greater confidence and recognize upcoming reversals before they hit the crowd.


How to Work with This Book Free Updates & the Honor Code Review of Tools A Bullish Divergence: A Basic Definition What is NOT a Bullish Divergence A Bearish Divergence: A Basic Definition What is NOT a Bearish Divergence Reader Exercises Entries, Stops, and Profit Targets Additional Points on Divergences Divergences in Other Indicators Divergences in Multiple Timeframes Scanning for Divergences The Next Step: MACD Semi-Automatic Conclusion Thanks Sources About the Author

DOWNLOADING: when you log in, you'll see several files. Most people download PDF which almost any reading device can open. Other file options are EPUB (Nook, Kobo, iPad) and AZW3 (Kindle). These are provided just in case, as PDF is likely to work for all. No need to download them all – start with a PDF.



Overall Rating:  
   4 Reviews | Read reviews | Create a review

List Price: $8.00  


Thank you!
April 3, 2017 – Customer Rating:  
Excellent book, thank you!
Putting things into perspective
September 9, 2012 – Customer Rating:  
As usual, Dr. Alexander Elder's explanations are nothing less than the best. I had been using divergences before in my trading with some success and quit trading them in favor of other methods because I couldn't derive a clear set of rules, but this book really answered THE questions and helped me to define and refine my setups. Don't hesitate to buy this book, you could browse the internet for months and still not find such valuable information. Perfect for beginners, as it gives them what they need the most: the certainty of a tested method and also perfect for experienced traders who want to improve the quality of their market time.
great book
February 20, 2012 – Customer Rating:  
another great book from Dr Elder , thank you !
new ebook
January 11, 2012 – Customer Rating:  
Another great e-book for trader of any level
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