Thursday, 19 July 2012

--0.5R H4 EUR/USD 19 July 2012--Double Divergence

 Result: Closed it out at less than -0.5R cos there was an opposite divergence. See next trade

Opening Balance: $11,260.23
Closing Balance: $11,164.00
Venue: Home
Pair         :EUR/ USD     Time frame:H4
Direction: Long
Result:-
Strategy:  Double Divergence

 Note that the 1R coincides with the FE100. Lets see how it goes...

A common unsettling thing happened again.H4 USD/CHF seems to have a long ABC signal. Its 5pm now, need for it to close at 8pm to see if this will be the reversal bar. Cos the last bar closed below the FE line and doesnt qualify as a reversal bar.

 One more !







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