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
9th Nov: Closed this trade for a loss on today's candle open due to an opposite QMP Filter dot on the price chart. This is not a valid Buy signal though. Best to exit the trade before the original Stop is possibly taken out as we can always look for another opportunity to enter another Sell. Cheers. Jim