I entered long this pair at 8846. This is a small position- mainly took it because there is huge divergence on the H4 timeframe- no stop and target around 8950.
Its all in the mind.
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Dislikedtrade update: shorted thursday Feb 25, 2010 at 90.122
Stop:91.79; risk 166 pips
target 334 [email protected].
so far +148 pips. I still might use 1:1 but candle patterns doesn't show a reversal yet so i'm still in this.
we'll seeIgnored
Dislikedclosed my short from 88.40 @ 88.20....went long again. I'm sure I will get burned, by that is about the biggest divergence rsi I have ever seen on a 4hr chart. We'll see!!!!Ignored
DislikedStill in from 8870, no trail yet...took another short at 8845, 8790 targetIgnored
DislikedT1 is 23.6 fib retrace @ 89.17. After that, we'll see how price reacts.Ignored
DislikedTook 3 (1/2 lots) positions @ 88.20. Closed 1 @ 88.60, holding another for 89.10. 3rd postion TP still unknown. Both open postions stops moved to BE +10. Good trades to all!!!!Ignored
Disliked8870 is now trailed...hangn on to my other short from 8845 and took another at 8823, 8785 targetIgnored
DislikedGood negative divergence on 15min rsi... took another lot @ 89.23 for a scalp back to 89.00. We'll see what happens!Ignored
DislikedHI FX-Petra,
I see the divergence but I don't know how I can use it.
Please, could you tell me how it works ???
Thanks in advanceIgnored