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  In this blog post, we will be discussing TheFundedTrader, a popular prop firm that offers traders the opportunity to trade with significant capital and potentially earn a share of the profits without risking their own money. What is TheFundedTrader? TheFundedTrader is a prop trading firm that provides traders with a unique opportunity to trade with a funded account. The company was founded in 2016 and has quickly become one of the most popular prop trading firms in the industry. How does TheFundedTrader work? The process of becoming a funded trader with TheFundedTrader is straightforward. Traders must first pass a qualification process, which involves trading a simulated account and demonstrating consistent profitability. Once a trader has passed the qualification process, they are given a funded account to trade with. The funded account comes with a set of rules and parameters that the trader must follow. These rules are designed to manage risk and ensure that the trader is usin...
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DIVERGENCE IN FOREX TRADING

 DIVERGENCE IN FOREX TRADING


PREPARED BY: FAHMI LAMAR

YOUTUBE: https://www.youtube.com/@FahmiLamar

TELEGRAM: https://t.me/fahmilamar/


DIVERGENCE, REGULAR DIVERGENCE, HIDDEN DIVERGENCE


- Before we talk about divergence, lets talk first about convergence.


- Convergence in forex trading is the synchronization of the price and a momentum indicator, in other words its when the price of an asset matches the momentum, what does that mean, it means the price of an asset moves is the same direction with the momentum indicator(oscillators) such as RSI, STOCHASTIC, AWESOME OSCILLATOR etc.


- Now what is divergence?


- Divergence is the opposite of convergence, divergence is when the price of an asset and the technical indicator moves in opposite direction, in other words we say that the price and the indicator are out of phase or are out of synchronization.


- Divergence is the mismatch between the actual price of an asset and the momentum, and this is called abnormal market behavior.

 

TYPES OF DIVERGENCE


1. Regular divergence:

   - signals a possible trend reversal.


REGULAR DIVERGENCE





2. Hidden divergence: 

   - signals a possible trend continuation, develops after the reversal.

 

HIDDEN DIVERGENCE









EXAMPLES


1. GBPUSD 



2. EURUSD




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PREPARED BY: FAHMI LAMAR

YOUTUBE: https://www.youtube.com/@FahmiLamar

TELEGRAM: https://t.me/fahmilamar/ 






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