harryexe

Emerging divergence

Short
harryexe Updated   
OANDA:SPX500USD   S&P 500 Index
0
A short open when the next 30 min candle opens below 2147 with a tight stop loss above last high. Take profit at pivot point with a 2:3 risk:reward. Forward testing a modification of a strategy I recently learned
Order cancelled:
Non of the candles open below 2147 before going back up. Set up conditions not fulfilled - trade cancelled
Comment:
Would you look at that. It made a slightly higher high, still with a diverging RSI and broke the neckline before hitting my take profit. I was busy with school when the next top happened so I didn't manage to take this trade. Will take this note for forward testing though.
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