Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/USD Sell. Enjoy the day all. Cheers. Jim
Tue 25th Oct: I have closed this Sell trade this morning for a loss based on the fact that there was an opposite QMP Filter dot on the chart (green/red dots), so instead of letting it go towards the original Stop, close it out early and look for a possible new Sell entry. I am still in a no lose partial Sell trade on this pair from the 16th August and the Buy you see on the chart has since been stopped out for an overall small profit. Cheers.