of each candle, move the stop to one pip below the low of the last candle, for a long. I've tried to make this post as detailed as possible so you feel comfortable doing it yourself and so you can apply the process to other strategies that you come across. I am a pure reversal trader and early-trend trades after divergences are my bread and butter trades.
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During trends, you can use the RSI the compare the individual trend waves and so get a feeling for the strength of the trend. If you want to learn more about divergences and how to trade reversals, you can take a look at our trading courses where you will learn our whole strategy step by step. I will provide chart examples of both long and short trades at the end of the testing plan. Youd be surprised how many people get this wrong already. Navin Prithyani that is based on a core set of Forex trading strategies. Sometimes you can even use it as a signal for a trend to continue!
CCI Divergence 5mn @ Forex Factory
How To Trade Divergences in Forex